UAV driven business solutions lately have been gaining traction across a variety of industry verticals that need high-quality information combined with mobility. Organizations around the world acknowledge the benefits they have gained from incorporating drones into various vertical structures, such as infrastructure repair, protection and surveillance, inspection, mapping and surveying, and large-scale capital projects.
The global drones services market was valued US$ 3.5 Bn in 2017 and is expected to reach US$ 18 Bn by 2026, at CAGR of 22.72% during the forecast period. Owing to growing applications of drone services across several industries for commercial use including mapping/surveying, surveillance, construction monitoring, infrastructure inspections, energy asset inspections, insurance inspections, precision agriculture, and aerial photography/video. Moreover, minimum human operation and no safety infrastructure, as well as increasing data analytics, are important growth drivers for this industry.
The global agriculture drone market was estimated at USD 193.4 million in 2015 is expected to grow significantly over the forecast period. Agriculture drones are emerging as a productive sector in the commercial drone application industry. The technology includes imaging capabilities, sensors and better materials which are further expected to drive the market.
Drones often make use of sensors to identify changes in their surroundings that permit them to move better and also collect critical data about the object they are inspecting. There has been a crucial growth in the drone sensor market due to the increasing demand for high tenacity imaging for mapping & surveying and precise positioning for precise navigation, improved crop vigor analysis for exactness of farming, and rising demand for drones from the logistic sectors and commercial for goods delivery. Global Drone Sensor Market size was valued at US$ 247.7 Mn in 2017 and is expected to reach US$ 1412.4 Mn by 2026 to exhibit a CAGR of 24.31 % during the forecast period.
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