The global aerial inspection services market is anticipated to top US$ 9.5 billion by 2033 and reach a valuation of US$ 1.9 billion in 2023, growing at a CAGR of 17.5%. About 25.0% of the total drone services market, which is expected to reach US$ 6.6 billion in 2022, is held by the aerial inspection services market, which accounts for about 90.0% of drone inspection services.
The industry that offers services for aerial inspection and monitoring using unmanned aerial vehicles is referred to as the aerial inspection services market. (UAVs or drones). Buildings, bridges, pipelines, and electrical transmission towers are just a few of the structures and assets that these services are used to inspect and keep an eye on. The demand for more affordable and effective methods of data collection and analysis across a variety of industries, including construction, oil and gas, and telecommunications, is what is driving the market for aerial inspection services. Aerial inspection service providers, drone manufacturers, and data processing firms are important market participants.
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Segmentation of the Aerial Inspection Services Market
- By Type:
- Visuals Inspection
- Special Sensor Inspection
- By End-Use Industry:
- Energy
- Construction
- Transportation & Warehouse
- Agriculture
- Mining, Oil & Gas Extraction
- Public Administration
- Real Estate & Industrial Plant
- Educational Services
- Waste Management
- Healthcare & Insurance
- By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Key Takeaways from the Aerial Inspection Services Market Study
- The increasing demand for cost-effective and efficient methods for data collection and analysis is driving the growth of the aerial inspection services market.
- Aerial inspection services use unmanned aerial vehicles (UAVs or drones) to inspect and monitor various structures and assets, such as buildings, bridges, pipelines, and electrical transmission towers.
- Key players in the market include aerial inspection service providers, drone manufacturers, and data processing companies.
- The market for aerial inspection services is driven by the increasing demand for this technology in various industries, such as construction, oil and gas, and telecommunications.
- The increasing adoption of aerial inspection services in developing countries, the use of advanced technologies, and the increasing availability of miniaturized and portable UAVs are also driving the growth of the market.
Competitive Landscape
- Copley Equity Partners made investments in Aethon Aerial Solutions and Flight Evolved in October 2020. With significant funding from Copley Equity Partners, Aethon Airborne Solutions and Flight Evolved have joined forces to launch an advanced aerial inspection service provider in the North American market.
- Heliolytics, the industry leader in airborne infrared inspection and sophisticated site data analytics services for aerial site inspection and site optimization, was purchased by NovaSource in January 2020.
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