Global Utility Drones Market-Industry
Analysis and forecast 2019-2027 -By
Services, Type, End user, and by Region.
Global Utility Drones Market was valued US$ xx Mn in 2019 and the
total revenue is expected to grow at 34.9% through 2020 to 2027,
reaching US$ xx Mn.
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Global Utility Drones Market Overview:
The main growth driver of the global utility drones market is
increasing demand for better reach & decrease in service charges at
many unsafe parts of the world. The technical advancements related
to improved camera quality of drones is making them the most
favored choice for surveillance & inspection applications. Key oil
companies are gradually adopting drones inspection & exploration
actions to reduce their manufacturing costs. The easy availability to
remote locations is one of the key advantages presented by drones.
Thus, these are some influences that are expected to contribute in
growth of the global utility drones market during the forecast period.
Developments in drone technology:
Key players around the world have been constantly working on one
major concern faced with drone’s battery life duration. Considering
that drones can be worked only for a couple of minutes, their
manufacturers are trying to invent on many parameters to consent
longer flight periods. On the other hand, battery makers have also
been in the search to come up with advanced solutions to improve the
battery life, & eventually the total flight time of drones. For example,
a start-up from Massachusetts called Solid Energy Systems has been
functioning on lithium metal batteries, which are anticipated to
deliver twice as much power as opposed to the conservative lithium-
By end-user, the utility drone market has been divided into power &
renewable segments. The power segment is expected to hold the
maximum market share in 2019. The returns of using utility drones
for the power industry comprise cutting dow