Market Overview:
The global drones for oil and gas market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for unmanned aerial vehicles (UAVs) or drones in the oil and gas industry for various applications such as pipeline transport, petrochemical production, and petrochemical refining. Additionally, factors such as technological advancements and rising investments in R&D are also contributing to the growth of this market. On the basis of type, the global drones for oil and gas market is segmented into fixed wing drones, multiple rotor drones, and hybrid wing drones. Of these segments, fixed wing drone segment is expected to account for a major share of the global market during the forecast period owing to its high efficiency compared with other types of UAVs/drones.
Product Definition:
Drones are Unmanned Aerial Vehicles that can be used for a variety of purposes in the Oil & Gas industry. They can be used for surveying and mapping, inspecting pipelines and other infrastructure, monitoring production facilities, and even helping to drill new wells. Drones offer many advantages over traditional methods of surveying and inspection, including lower costs, greater accuracy, and reduced environmental impact.
Fixed Wing:
Fixed wing is a type of aircraft that has its wings attached to the main body of the aircraft through an integral link. The most common types of fixed-wing aircraft are subsonic and supersonic. Subsonic fixed-wing drones are used for long-range applications, such as offshore oil & gas exploration, whereas supersonic drones can be used for shorter range applications, such as inspection of construction sites from above or surveillance activities.
Multiple Rotor:
Multiple rotor is a type of drone which consists of more than two rotors. The number of rotors can be between 2 to 8 and it is used in the oil & gas industry for exploration purposes. It helps in providing 3D visualization, which gives an advantage to the operator as well as provides data with respect to exploration purpose.
It’s main advantages are; firstly, it enables aerial monitoring with high-definition cameras from different angles thereby helping operators.
Application Insights:
The global oil and gas market is expected to witness significant growth in the coming years due to rising production of crude oil. The Organization of Petroleum Exporting Countries (OPEC) has been monitoring and reporting about its members¢â‚¬â„¢ compliance with the agreement reached between countries regarding limiting production levels. As per OPEC, producers have reduced their output by around 20% since January 2017, which is positive for the overall industry growth.
Petrochemical production accounted for over 40% of total revenue generated by drones in 2017. Increasing demand for high-quality chemicals coupled with a growing population across the globe has resulted in an increased need for petrochemicals, thus driving their demand globally over recent years.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for UAVs for pipeline inspection and maintenance as well as oil & gas exploration activities. Moreover, growing industrialization along with rising government initiatives is expected to fuel product demand over the forecast period.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to several factors such as increasing investments by governments in developing countries and rapid urbanization resulting into increased need for transportation network development, among others. Increasing use of drones for agricultural purposes has also been observed recently which will further boost product demand across this region during the forecast years from 2018 to 2030 (Ref: DronesAerospace).
Europe accounted second largest regional segment followed by North America on account of high adoption rate coupled with extensive usage across both upstream and downstream sectors including oil & gas exploration, production, refining etc.
Growth Factors:
- Increasing demand for drones in the oil and gas sector for inspection and monitoring purposes.
- Rising popularity of drones among small and medium-sized businesses due to their low cost and easy operability.
- Proliferation of drone technology, which is making these devices more affordable, easier to operate, and more reliable.
- Growing demand for unmanned aerial vehicles (UAVs) in the energy industry for pipeline inspections, well site surveys, etcetera.
Scope Of The Report
Report Attributes
Report Details
Report Title
Drones for Oil & Gas Market Research Report
By Type
Fixed Wing, Multiple Rotor, Hybrid Wing
By Application
Petrochemical Production, Pipeline Transport, Petrochemical Refining
By Companies
DELAIR, Microdrones, Flyability, DJI, FLIR（Aeryon Labs）, Drone Volt, AeroVironment, MMC, Intel（AscTec）, Elistair
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Drones for Oil & Gas Market Report Segments:
The global Drones for Oil & Gas market is segmented on the basis of:
Types
Fixed Wing, Multiple Rotor, Hybrid Wing
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
Petrochemical Production, Pipeline Transport, Petrochemical Refining
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:
- DELAIR
- Microdrones
- Flyability
- DJI
- FLIR（Aeryon Labs）
- Drone Volt
- AeroVironment
- MMC
- Intel（AscTec）
- Elistair
Highlights of The Drones for Oil & Gas 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:
- Fixed Wing
- Multiple Rotor
- Hybrid Wing
- By Application:
- Petrochemical Production
- Pipeline Transport
- Petrochemical Refining
- 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 Drones for Oil & Gas 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.
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- Correctly Positioning New Products
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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?
Drones for oil and gas are unmanned aerial vehicles (UAVs) that are used to survey land or water for potential oil and gas resources. Drones can also be used to collect data about the environment, such as temperature, humidity, and wind speed.
Some of the key players operating in the drones for oil & gas market are DELAIR, Microdrones, Flyability, DJI, FLIR（Aeryon Labs）, Drone Volt, AeroVironment, MMC, Intel（AscTec）, Elistair.
The drones for oil & gas market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drones for Oil & Gas Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drones for Oil & Gas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drones for Oil & Gas Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drones for Oil & Gas Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drones for Oil & Gas Market Size & Forecast, 2020-2028
4.5.1 Drones for Oil & Gas Market Size and Y-o-Y Growth
4.5.2 Drones for Oil & Gas Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fixed Wing
5.2.2 Multiple Rotor
5.2.3 Hybrid Wing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petrochemical Production
6.2.2 Pipeline Transport
6.2.3 Petrochemical Refining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drones for Oil & Gas Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drones for Oil & Gas Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fixed Wing
9.6.2 Multiple Rotor
9.6.3 Hybrid Wing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petrochemical Production
9.10.2 Pipeline Transport
9.10.3 Petrochemical Refining
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fixed Wing
10.6.2 Multiple Rotor
10.6.3 Hybrid Wing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petrochemical Production
10.10.2 Pipeline Transport
10.10.3 Petrochemical Refining
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fixed Wing
11.6.2 Multiple Rotor
11.6.3 Hybrid Wing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petrochemical Production
11.10.2 Pipeline Transport
11.10.3 Petrochemical Refining
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fixed Wing
12.6.2 Multiple Rotor
12.6.3 Hybrid Wing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petrochemical Production
12.10.2 Pipeline Transport
12.10.3 Petrochemical Refining
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fixed Wing
13.6.2 Multiple Rotor
13.6.3 Hybrid Wing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petrochemical Production
13.10.2 Pipeline Transport
13.10.3 Petrochemical Refining
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drones for Oil & Gas Market: Competitive Dashboard
14.2 Global Drones for Oil & Gas Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DELAIR
14.3.2 Microdrones
14.3.3 Flyability
14.3.4 DJI
14.3.5 FLIR（Aeryon Labs）
14.3.6 Drone Volt
14.3.7 AeroVironment
14.3.8 MMC
14.3.9 Intel（AscTec）
14.3.10 Elistair
