The report also explains the roles of the key market players in the Earth observation drones market. The country-wise analysis of the market covering the key countries in every region, namely the U.S., Canada, Russia, Germany, the U.K., China, and Japan, is also provided in this report.
The industry outlook section of the report describes diverse factors governing the growth potential of the global Earth observation drones market. The market overview provides an in-depth understanding of the direction in which the market is headed and the impact of various factors on the same. The section will also encompass an in-depth understanding of the value chain, ongoing and upcoming trends, regulatory landscape, new business scenario business drivers, challenges, key developments, and business opportunities that have the potential to capture significant market share over the coming years.
The benefits of using drones for various commercial, industrial, and civil government applications have been fully realized during the COVID-19 pandemic, and drones are expected to continue to garner higher growth post-COVID-19. The requirement of robust autonomous systems to monitor civilian social distancing and delivering medicines, vaccines, and other critical commodities were key criteria for an increase in demand.
Dynamic utilization of drones during the COVID-19 period has paved the way for the increasing adoption of drones in various civil-government and industrial applications. These include utilizing drones for infrastructure inspections, such as oil and gas fields, railways, and bridge inspections. At present, the demand for drones and autonomous aerial systems is increasing to conduct solar panel inspections, construction monitoring, etc. To accommodate this demand, countries across the world have relaxed the drone operation regulations to support the overall Earth observation drones industry.
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With ongoing regulatory changes and the introduction of technologies such as remote ID and 5G, drone operations will be able to grow exponentially over the forecast period. From single remote-controlled drones to semi-autonomous fleets, which will be able to fly beyond visual lines of sight, drones will be used for myriad applications, including surveying, mapping, and monitoring.
In the Earth observation drones market, the drones can be bifurcated into two categories, i.e., fixed-wing drones and rotor-wing drones. For most Earth observation applications, such as inspection and monitoring, surveying and mapping, precision agriculture, and environmental monitoring, rotor-wing drones are more widely used. This is mainly because rotor-wing drones are capable of vertical take-off and landing (VTOL) and offer higher maneuverability as compared to fixed-wing drones. Owing to these features, rotor-wing drones are expected to garner significant growth and traction over the forecast period in the Earth observation drones market.
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