Market Overview:
The global drone analytics market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for drones for commercial applications and rising awareness about the benefits of drone analytics among businesses. The global drone analytics market is segmented on the basis of type, application, and region. On the basis of type, it is divided into seismic, acoustic, magnetic, infrared, and other types. The seismic segment dominates the global drone analytics market owing to its ability to capture high-resolution data for oil & gas exploration purposes. By application, it is classified into agriculture & forestry; construction; insurance; mining & quarrying; utility; telecommunication; oil & gas transportation; others (government sector and academic research). The construction segment accounts for a major share of this market due to increased adoption of drones in this sector for surveying land areas and inspecting infrastructure projects.
Product Definition:
Drone analytics is the process of extracting actionable information from data collected by drones. The importance of drone analytics is that it can help businesses make better decisions by providing insights into how drones can be used to improve operations.
Seismic:
Seismic or drone analytics is the new term used for analyzing the data generated from drones. It's an extension of traditional business intelligence (BI) and statistics applied to analyze unstructured data, which is acquired through various sensors. The application of this technology in drone analytics increases the efficiency and effectiveness of businesses by providing them with real-time insights into their operations, customers, markets, etc.
Acoustic:
Acoustic is the naturally occurring sound in the environment, it can be generated by various sources such as animals, humans and machines. The increasing use of acoustic data in different applications such as marketing & advertising, noise pollution control and animal tracking are expected to drive market growth over the forecast period. In addition, factors such as growing adoption of consumer electronics coupled with rising disposable income especially among millennials is anticipated to further fuel acoustic demand in drone analytics market.
Application Insights:
The construction segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for drones in aerial filming, mapping, and inspection of construction sites. Drones equipped with thermal imaging cameras are preferred by architects and builders as they provide high-resolution images that help them design structures efficiently.
Drones equipped with Global Positioning Systems (GPS) are being increasingly used by utility companies for monitoring power lines, pipelines, water treatment facilities, etc., which helps avoid potential accidents or incidents caused due to human error while tracking such infrastructure using ground-based sensors would have been costly and time consuming if done manually.
Regional Analysis:
North America drone analytics market is expected to grow at a significant rate over the forecast period. This growth can be attributed to increasing use of UAVs for various applications including agricultural, inspection of power lines and pipelines, search & rescue operations, and others. In addition, growing demand for high-quality images from customers’ smartphones has led to an increase in the number of UAV operators across this region.
The European Union has also passed several regulations that have legalized commercial uses of drones in countries such as Germany and France. The UK government has also issued new guidelines that provide more freedom regarding when a drone should or shouldn't be used by authorities on public spaces such as parks or golf courses without any prior approval from local government bodies (LGB). Such developments are anticipated to boost industry expansion over the next few years.
Growth Factors:
- Increasing demand for drone-based data analytics for various commercial applications such as precision agriculture, land management, and infrastructure inspection is expected to drive the growth of the global drone analytics market over the forecast period.
- Proliferation of drones and increase in their affordability is also expected to fuel the growth of the market.
- The increasing demand for real-time information by various end users including governments and commercial enterprises is also anticipated to propel the growth of this market during the forecast period.
- Growing awareness about benefits offered by drone data analytics is another key factor that would fuel adoption of these solutions in different industries over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Drone Analytics Market Research Report
By Type
Seismic, Acoustic, Magnetic, Infrared
By Application
Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Others
By Companies
Airware (US), DroneDeploy (US), Delta Drone (France), Pix4D (Switzerland), PrecisionHawk (US), AeroVironment (US), VIATechnik (US), Esri (US), Kespy (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Drone Analytics Market Report Segments:
The global Drone Analytics market is segmented on the basis of:
Types
Seismic, Acoustic, Magnetic, Infrared
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Airware (US)
- DroneDeploy (US)
- Delta Drone (France)
- Pix4D (Switzerland)
- PrecisionHawk (US)
- AeroVironment (US)
- VIATechnik (US)
- Esri (US)
- Kespy (US)
Highlights of The Drone Analytics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Seismic
- Acoustic
- Magnetic
- Infrared
- By Application:
- Agriculture & Forestry
- Construction
- Insurance
- Mining & Quarrying
- Utility
- Telecommunication
- Oil & Gas
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drone Analytics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drone analytics is the use of drones to collect data about a specific area. This data can be used to improve decision-making and help businesses understand their customers or competitors better.
Some of the major players in the drone analytics market are Airware (US), DroneDeploy (US), Delta Drone (France), Pix4D (Switzerland), PrecisionHawk (US), AeroVironment (US), VIATechnik (US), Esri (US), Kespy (US).
The drone analytics market is expected to register a CAGR of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Drone Analytics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Drone Analytics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Drone Analytics Market - Supply Chain
4.5. Global Drone Analytics Market Forecast
4.5.1. Drone Analytics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Drone Analytics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Drone Analytics Market Absolute $ Opportunity
5. Global Drone Analytics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Drone Analytics Market Size and Volume Forecast by Type
5.3.1. Seismic
5.3.2. Acoustic
5.3.3. Magnetic
5.3.4. Infrared
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Drone Analytics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Drone Analytics Market Size and Volume Forecast by Application
6.3.1. Agriculture & Forestry
6.3.2. Construction
6.3.3. Insurance
6.3.4. Mining & Quarrying
6.3.5. Utility
6.3.6. Telecommunication
6.3.7. Oil & Gas
6.3.8. Transportation
6.3.9. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Drone Analytics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Drone Analytics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Drone Analytics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Drone Analytics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Drone Analytics Demand Share Forecast, 2019-2029
9. North America Drone Analytics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Drone Analytics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Drone Analytics Market Size and Volume Forecast by Application
9.4.1. Agriculture & Forestry
9.4.2. Construction
9.4.3. Insurance
9.4.4. Mining & Quarrying
9.4.5. Utility
9.4.6. Telecommunication
9.4.7. Oil & Gas
9.4.8. Transportation
9.4.9. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Drone Analytics Market Size and Volume Forecast by Type
9.7.1. Seismic
9.7.2. Acoustic
9.7.3. Magnetic
9.7.4. Infrared
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Drone Analytics Demand Share Forecast, 2019-2029
10. Latin America Drone Analytics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Drone Analytics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Drone Analytics Market Size and Volume Forecast by Application
10.4.1. Agriculture & Forestry
10.4.2. Construction
10.4.3. Insurance
10.4.4. Mining & Quarrying
10.4.5. Utility
10.4.6. Telecommunication
10.4.7. Oil & Gas
10.4.8. Transportation
10.4.9. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Drone Analytics Market Size and Volume Forecast by Type
10.7.1. Seismic
10.7.2. Acoustic
10.7.3. Magnetic
10.7.4. Infrared
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Drone Analytics Demand Share Forecast, 2019-2029
11. Europe Drone Analytics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Drone Analytics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Drone Analytics Market Size and Volume Forecast by Application
11.4.1. Agriculture & Forestry
11.4.2. Construction
11.4.3. Insurance
11.4.4. Mining & Quarrying
11.4.5. Utility
11.4.6. Telecommunication
11.4.7. Oil & Gas
11.4.8. Transportation
11.4.9. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Drone Analytics Market Size and Volume Forecast by Type
11.7.1. Seismic
11.7.2. Acoustic
117.3. Magnetic
11.7.4. Infrared
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Drone Analytics Demand Share, 2019-2029
12. Asia Pacific Drone Analytics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Drone Analytics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Drone Analytics Market Size and Volume Forecast by Application
12.4.1. Agriculture & Forestry
12.4.2. Construction
12.4.3. Insurance
12.4.4. Mining & Quarrying
12.4.5. Utility
12.4.6. Telecommunication
12.4.7. Oil & Gas
12.4.8. Transportation
12.4.9. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Drone Analytics Market Size and Volume Forecast by Type
12.7.1. Seismic
12.7.2. Acoustic
12.7.3. Magnetic
12.7.4. Infrared
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Drone Analytics Demand Share, 2019-2029
13. Middle East & Africa Drone Analytics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Drone Analytics Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Drone Analytics Market Size and Volume Forecast by Application
13.4.1. Agriculture & Forestry
13.4.2. Construction
13.4.3. Insurance
13.4.4. Mining & Quarrying
13.4.5. Utility
13.4.6. Telecommunication
13.4.7. Oil & Gas
13.4.8. Transportation
13.4.9. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Drone Analytics Market Size and Volume Forecast by Type
13.7.1. Seismic
13.7.2. Acoustic
13.7.3. Magnetic
13.7.4. Infrared
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Drone Analytics Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Drone Analytics Market: Market Share Analysis
14.2. Drone Analytics Distributors and Customers
14.3. Drone Analytics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Airware (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DroneDeploy (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Delta Drone (France)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pix4D (Switzerland)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PrecisionHawk (US)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AeroVironment (US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VIATechnik (US)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Esri (US)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kespy (US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
