Global Renewable Drones Market Size, Share, Opportunities, And Trends, By Type (Multi-Rotor, Fixed Wing), By Solution (End-To-End Solution, Point Solution), By End User (Solar Power Plants, Wind Power Plants), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061614033
- Pages : 145
Renewable Drones Market is projected to grow at a CAGR of 24.23% between 2025 to 2030.
Renewable drones are the type of drones that are used in the renewable energy industry for various purposes. The advent of drones in the renewable energy industry is still evolving with different applications emerging with time. For instance, 4-5 acres of the solar farm is needed to produce about 1MW of power which implies there is a need to build larger solar farms to diminish the increasing demand for energy from renewable sources.
A drone plays a vital role in developing a solar farm at such a large scale by helping in the initial planning of the site, in creating a proper layout of the plan, and providing aerial data and information about the mapping of the area. A drone can also be used for regular inspections of such a huge farm which is more complex and difficult humanly. The increasing awareness about the roles a drone plays in the building up of solar and wind farms at such a large scale is expected to drive the market in the coming years.
Renewable Drones Market Trends:
The immense use of drones in wind farms is expected to drive the market during the forecast period. For instance, the Rampion offshore wind farm covers almost 30 square miles off the southern coast of England. England has about 35 such wind farms making it one of the biggest wind power generating countries. According to the future plans stated by the government, the country is expected to quadruple offshore wind power by 2030. With development at such a rapid pace, the demand for drones in the industry is expected to witness significant growth in the coming years for various applications. The usage of drones on farms is an investment at first as they turn out to be more efficient in the long run reducing the cost incurred and the probability of human errors as well.
Drones with thermal imaging cameras are used significantly owing to their ability to indicate to the operator remotely if certain equipment isn’t working as effectively as others. This makes it easier for the operator to detect the fault and make amends accordingly. A key factor driving the renewable drone market is its increasing use for security purposes. Operating a large renewable energy farm makes it difficult for the operator to keep in check every activity taking place in the premises due to which a number of such farm operators are opting to use drones to keep the area in check.
Renewable Drones Market Segment Analysis
The segmentation of the renewable drone market has been done into type, solution, end-user industry, and geography. By type, the classification of the market has been done into multi-rotor and fixed-wing. On the basis of solutions, the segmentation of the market has been done into end-to-end solutions and point solutions. By the end-user industry, the market has been segmented as solar and wind energy plants. Furthermore, on the basis of geography, the global market has been distributed as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
Renewable Drones Market Growth Drivers
- The rise in environmental concerns is expected to drive the market during the forecast period.
The drastic changes in the environmental conditions across the world are expected to drive the market. With the widespread awareness of the worsening environmental conditions, the demand for renewable energy sources has risen over the years. Given the demand, the generation of the resources is gradual. To overcome the demand, an ample number of solar and wind farms are under various stages of development in several countries. According to the International Renewable Energy Agency, a lot of regions in the United States have solar power projects under development. For instance, in Texas, there are 45 projects scheduled, in Nevada, total expenditure on solar power is expected to reach US$ 9 Billion by 2030. Similarly, in California, the solar power capacity is expected to increase to 16,000 MW. With such rapid development in the solar as well as wind power sectors, the market for renewable drones is expected to witness significant growth in the coming years.
Renewable Drones Market Restraint
- Government regulations on drones might restraint the growth
The growth of renewable drones will be inhibited by government regulations in different regions. For instance, in the United States, a drone is not allowed within a 5-mile radius of airports and national parks. A height restriction for the drone is also there which allows the operator to fly it up to 400 meters above and the drone should be in the sight of the operator. Similarly, there are restrictions on the flying of drones in Europe. There are some countries that allow within a 500-meter radius of the operator. Furthermore, there are countries like Germany and France that require the drone to be registered before being used for any of the applications.
Renewable Drones Market Competitive Insights
The players in the global power rental market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along the recent deals and investments of these important players in the market.
Renewable Drones Market Segmentation
- By Type
- Multi-rotor
- Fixed wing
- By Solution
- End-to-end solution
- Point solution.
- By End user
- Solar power plants
- Wind power plants
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Others
- North America
SZ DJI Technology Co., Ltd.
Drone Volt Group
Airpix
ABJ Renewables
Sitemark
Nano Net Technologies Inc.
SPH Engineering.
ideaForge Technology Pvt.Ltd.
Terra Drone Corporation
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Commercial Drones Market Size & Forecast 2025-2030 | Free Sample | Dec 2024 | |
Anti Drone Market Insights: Size, Share, Trends, Forecast 2030 | Nov 2024 | |
LiDAR Drone Market Size & Share: Industry Report, 2024-2029 | Jul 2024 | |
Utility Drones Market: Size, Share, Trends, Forecast 2030 | Dec 2024 | |
Consumer Drones Market Trends: Size, Share, Forecast, 2030 | Dec 2024 |