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The global drones for energy industry market has witnessed a remarkable growth in the past few years and it has been anticipated that the market will grow at the rapid pace during the forecast period. Drones for energy are poised to grow at a substantial rate as the industry is investing in the services provided by an unmanned aerial vehicle, for line-of-sight applications, to observe ocean-going ships, to inspect offshore platforms and refineries, to inspect or monitor power lines, wind turbine, solar panel. These drones provides and process accurate data from the remote systems, where human access is difficult and is also a cost effective & less time consuming inspection technique compared to manual inspection. As per the study conducted by Market Research Future, the global market for drones for energy industry is likely to grow at the CAGR of around 25.53%.

Drones for energy industry can be defined as, an unmanned aerial vehicle used to inspect or monitor power lines, wind turbine, solar panel, offshore rigs and flarestacks for preventive maintenance of the system. These drones provides and process accurate data from the remote systems, where human access is difficult and is also a cost effective & less time consuming inspection technique compared to manual inspection. The drones for energy industry is driven by various factors such as accurate assessment of operating condition of assets, and effective cost reduction compared to manned operations. However, federal regulations limiting the usage to line-of-sight, lack of technological advancements for processing the raw data will act as restrains for the drones for energy industry market, globally.

Drones for Energy Market

Conventional assessment, monitoring and inspection for remote & discrete system requires skilled manpower, high-tech equipment, cranes, ropes, ladders or scaffolding. These factors increases the overall maintenance cost as well as the risk associated with it. Also, the labour cost associated with discrete inspection is high as compared to regular assessment. Whereas, drones for energy industry are convenient, easy and accurate to assess such systems, where manual inspection is difficult or risky. Drones used for energy industry are accurate, flexible, reliable and cost effective. They are easy to operate in harsh environment and also at high altitudes, and require lesser time for assessment.

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