Drone Surveillance Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to drone surveillance market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Drone Surveillance Market News

  • In January 2023, DJI, a leading drone manufacturer, announced the launch of the Mavic 3, a new drone that is designed for surveillance applications. The Mavic 3 is equipped with a 20MP Hasselblad camera and a 12MP telephoto camera. It also has a flight time of up to 40 minutes.
  • In February 2023, Parrot, another leading drone manufacturer, announced the launch of the Anafi Ai, a new drone that is designed for inspection and surveillance applications. The Anafi Ai is equipped with a 4K camera and a thermal camera. It also has a flight time of up to 32 minutes.
  • In March 2023, Skydio, a drone manufacturer that specializes in autonomous drones, announced the launch of the Skydio 2+, a new drone that is designed for surveillance and inspection applications. The Skydio 2+ is equipped with a 12MP camera and has a flight time of up to 27 minutes.
  • Leading drone and urban air mobility (UAM) technology business Terra Drone Corporation announced in August 2023 that it has acquired the majority of Unifly's shares, a leader in UTM technology worldwide. Strong aerial infrastructure is likely to be made possible by the move, which will allow Terra Drone Corporation to expand its UAM and drone operations globally.

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Drone Surveillance Market size was valued at USD 199.69 Million in 2023 and is poised to grow from USD 237.43 Million in 2024 to USD 948.42 Million by 2032, growing at a CAGR of 18.9% during the forecast period (2025-2032).

The global drone surveillance market for the energy and power industry is characterized by intense competition and a dynamic landscape. Key players in this market are continually investing in research and development to enhance drone technology and expand their product offerings. Companies are focusing on partnerships, collaborations, and acquisitions to strengthen their market presence and broaden their customer base. Additionally, the market is witnessing the emergence of new entrants, startups, and technology providers specializing in drone solutions tailored for energy sector applications. Major players are striving to offer comprehensive drone surveillance solutions that encompass advanced imaging systems, data analytics, and integration with other technologies such as Artificial Intelligence (AI) and Internet of Things (IoT). As the demand for efficient monitoring and inspection solutions in the energy and power industry grows, competition is expected to intensify further, prompting companies to differentiate themselves through innovation, reliability, and the ability to address specific industry challenges. Geographic expansion and a focus on customization to meet diverse industry needs are also becoming crucial strategies for gaining a competitive edge in this rapidly evolving market. 'DJI (Dà-Jiāng Innovations)', 'Parrot SA', 'AeroVironment Inc.', 'FLIR Systems Inc.', 'senseFly (Parrot Group)', 'Yuneec International Co. Ltd.', 'Kespry Inc.', 'Aeryon Labs Inc.', 'PrecisionHawk Inc.', 'Delair Tech SAS'

Rapid technological advancements in drone capabilities, such as longer flight times, improved imaging systems, and enhanced data analytics, are driving the growth of the drone surveillance market. These advancements allow for more efficient and accurate monitoring and inspection of energy and power facilities.

Rise in Adoption of Multirotor Drones: The use of multirotor drones, known for their stability and maneuverability, is on the rise. These drones are extensively employed for pipeline monitoring, offshore platform inspection, wind turbine inspection, and other applications in the energy and power sector due to their versatility and ease of use.

Geographically, the drone surveillance market for the energy and power industry is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

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Global Drone Surveillance Market
Drone Surveillance Market

Report ID: SQMIG20A2182

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