The Asia Pacific Commercial Drones Market would witness market growth of 35.7% CAGR during the forecast period (2022-2028).
Energy businesses commonly use UAVs to monitor electricity cables, pipelines, wind turbines, and solar panels. Businesses may remotely verify the condition of their equipment without running the danger of hurting employees. It might be challenging for oil and gas businesses to evaluate floating points and flare tips. But, the problem of getting to difficult-to-reach places has been resolved by drones. They are also used to check offshore platforms, pipelines, and wells.
Another use for UAVs is the inspection of wind turbines. More and more wind farms are emerging throughout the world as a result of the growth of renewable energy sources. The issue is that wind turbine blades need regular inspection since they wear down over time. Without drones, this technique necessitates personally going up into the turbine and entering it to gather data. Hence, a comprehensive examination may be difficult, time-consuming, and hazardous. In addition, unintentional falls frequently cause worry while conducting a high-level examination.
Australia is a significant industrial hub in the region, where BVLOS testing is becoming increasingly significant. Percepto, a developer of drone-in-a-box solutions, received operating authorization from Australia's Civil Aviation Safety Authority (CASA) in December 2021 to operate BVLOS throughout the nation. To support the extensive drone ecosystem, operators in the nation are creating technology and services quickly. The Civil Aviation Safety Authority (CASA), with the backing of numerous local and foreign players, created favorable drone laws in Australia that assist the integration of drones into several of these applications. Such advancements can result in a favorable prognosis for the regional commercial drone market throughout the forecast.
The China market dominated the Asia Pacific Commercial Drone Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $13,205.3 Million by 2028. The Japan market is estimated to grow at a CAGR of 34.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 36.5% during (2022 - 2028).
Based on Product, the market is segmented into Rotary Blade, Fixed-wing and Hybrid. Based on End-use, the market is segmented into Media & Entertainment, Security & Law Enforcement, Agriculture, Energy, Real Estate & Construction and Others. Based on Application, the market is segmented into Filming & Photography, Mapping & Surveying, Surveillance & Monitoring, Inspection & Maintenance, Precision Agriculture and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific
Free Valuable Insights: The Worldwide Commercial Drones Market is Projected to reach USD 167 Billion by 2028, at a CAGR of 34.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AeroVironment, Inc., SZ DJI Technology Co., Ltd., PrecisionHawk, Inc., Autel Robotics Co., Ltd., Draganfly Inc., Intel Corporation, Teledyne FLIR LLC (Teledyne Technologies Incorporated), Aeronavics Ltd., Parrot Drones SAS, and EHang Holdings Limited.
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