With their earliest use dating back to 1839 in the form of unmanned balloons that evolved mostly for military attacks, the non-military use of drones is a relatively new concept, as recent as 2006. Government agencies started employing inspection drones for disaster relief, wildfire fighting, and border surveillance, whereas, agricultural corporations began employing drones for the inspection of pipelines and spraying pesticides on agricultural farms.
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In the years following, as unmanned aerial technology continued to improve in the military sector, the same made its way into commercial applications too. Beyond this, the recreational use of inspection drones is relatively new. The safety aspect of inspection drones that the Federal Aviation Administration needed to be convinced about is the main reason behind the delay in the growth of the inspection drones market space.
However, an announcement made by Amazon in 2013 for considering drones for delivery created big news in the inspection drones market. This marked a stepping stone for growth within the drone inspection space. Sensing copious opportunities, the inspection drones market is estimated to grow at a whopping ~23% CAGR between 2019 and 2027, predicts a market research publication by Transparency Market Research (TMR).
Drone inspection offers considerable economic and human safety advantages. Drone inspection not only reduces heavy costs related to constructing traditional access methods, but also nearly offsets the risks of manned labor working at night. At present, drone inspection is the preferred method for visual surveys across a wide range of industries.
Contrary to manned visual surveying, drone inspection is considered much safer and accurate. For such reasons, blue-chip companies are now beginning to realize the benefits of drone inspection that are within the scope of their annual maintenance and repair budgets.
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The TMR report on the inspection Drones market is based on a complete evaluation of the market, supported by comprehensive primary and secondary research. Brief knowledge of the competitive scenario of the inspection Drones market is backed by the assessment of different factors at a granular level. Examining the historical and present global inspection Drones market, stressing on key market segments, driving factors, major contributors, and other qualitative inputs, help our seasoned analysts deduce key market predictions and calculate forecasts for the inspection Drones market.
Primary research comprised interviews and discussions with key opinion leaders, brand managers, vendors, and distributors, which aided in understanding industry-specific data about the inspection Droness market. Secondary resources that have played an important role in the production of this report consist of white papers, government statistics, policies, and research papers that shift attention to the sales prospects for inspection Droness.
Segmentation of the Inspection Drones Market
TMR’s report on the inspection Drones market facilitates information on the basis of component, sales channel, application, end-use industry, and region. The study can assist readers understand the influence of the market dynamics on the progress of the inspection Droness market, including the emerging trends based on these segments. The study on the inspection Drones market offers the historical, present, and upcoming trends shaping the growth of the segments and market. Further, it covers value chain analysis and Porter’s five forces analysis in order to elaborate the crucial growth tactics and underlying opportunities for the market players contributing to the inspection Drones market.
