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Renewable Drones in the renewable energy sector are used to manage various aspects of renewable energy equipment like installations and inspections. Their usage is growing in the renewable energy sector at a considerable rate for line-of-sight applications, detection of ships and submarines, an inspection of wind turbines, inspection of offshore platforms and solar farms.
Based on the drone type, the market is classified into multirotor and fixed-wing drones. The multirotor segment accounted for the major share of the market and it is anticipated that it will maintain its attractiveness during the forecast period, as they provide advantages over fixed-wing drones in terms of vertical take-offs and landings, hovering mid-air, and controlled maneuvering using multiple propellers. Multirotor drones also facilitate compact packing and transportations.
Based on the end-user, the global market is classified into solar and wind segments. The solar segment accounted for the major share in the market. The solar segment can be further classified into solar PV and solar CSP. Drones coupled with the appropriate thermography and usage of suitable flight operations make it a growing segment in the renewable drone market. Based on the solution, the global market is classified into end-to-end solution and point solution. The end-to-end solution segment accounted for the major share of the market and it is anticipated that it will maintain its attractiveness during the forecast period, as it involves the allocation of the drones, pilots and engineers, software and data management, and consulting, which makes it a suitable option for consumers as it prevents them getting involved with various other vendors and synchronizing them.
The usage of drones has led to the achievement of optimum maintenance and inspection operation time, and are especially useful for large installations like solar farms. Drones with appropriate thermal cameras and long-range cameras attached are very useful for inspecting solar farms and wind turbines, respectively. It takes roughly 40 minutes to inspect wind turbines using drones, making it a faster, economical, and more accurate alternative to manual inspections.
The key market restraint for the market is the stringent legal regulations for drone operations setup by Federal Aviation Authority (FAA). The lack of synchronization of these laws as compared to the constant technological advancements in drone technology is the basic reason for slow growth in the renewable drone market.
Key Market Driver -
Boost in adoption of drones to minimize inspection cost
Key Market Restraint -
Stringent legal regulations for drone operations
Some of the major companies in the renewable drones market are ABJ Renewables / ABJ Drones, DRONE VOLT, DJI, DroneDeploy, Flyability, Parrot, Skylark Drones, Raptor Maps, Inc., Terra Drone Corporation, Precision XYZ, PrecisionHawk, Aerodyne Measure, Arborea Intellbird, ideaForge and Dronefly, and Enterprise UAS Company.
The global renewable drones market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is accounted for the major share of the global market, which can be attributed to the surge in demand for electricity due to development and urbanization. The growing industrialization is the key factor of growth in the sector. The Asia Pacific market is also increasing due to the growing population and rise in the number of electric appliance users in India and China. Europe is the fastest-growing region for the global renewable drone market, owing to the rising adaptation of renewable energy in Norway and Germany.
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