Drone-based Inspections Market Size Analysis, Competitive Landscape, Revenue Status, and Demand By Top Key Players
Research Nester released a report titled “Drone-based Inspections Market for Oil and Gas: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global drone-based inspections market for oil and gas in terms of market segmentation by end-user, application type, and region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The
drone-based inspections market for oil and gas is projected to grow with a high
CAGR during the forecast period, i.e., 2021-2029 on account of the rising
adoption of drones in all three sectors in the oil and gas industry.
Due to
the stabilized oil prices from the end of 2019 and declining drilling cost, the
offshore rig count and offshore oil production are expected to increase, which
is anticipated to be a significant driver for the global drone-based
inspections market oil and gas.
The
market is segmented by end-user into upstream, downstream, and midstream. Among
these segments, the upstream segment is anticipated to hold the largest share
by the end of 2021, as monitoring during the drilling and production process is
most important to optimize the effectiveness.
On the
basis of region, the market is segmented into North America, Europe, Asia
Pacific, Latin America, and the Middle East & Africa, out of which the
drone-based inspections market for oil and gas in North America is projected to
grow at the highest CAGR throughout the forecast period. Currently, the market
in North America also holds the largest share. This can be attributed to global
drone companies' presence in the region coupled with the rising adoption of
drones in all three oil and gas industry sectors.
Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-2993
Increasing Adoption of Drones across All
three Sectors of Oil and Gas Industry to Drive Market Growth
The rising prevalence of drones in recent years is expected to boost the market growth in upcoming years. However, the expensive cost of drone technology and lack of drone manufacturers in low-income economies are some of the factors that are estimated to restrain market growth in the near future.
This
report also provides the existing competitive scenario of some of the key
players of the global drone-based
inspections market for oil and gas which
includes company profiling of PrecisionHawk, Terra Drone Corp., CYBERHAWK, Viper Drones, Equinox's Drones,
Airobotics, Flyability, and DroneDeploy. The profiling enfolds key
information of the companies which encompasses business overview, products and
services, key financials and recent news and developments. On the whole, the
report depicts detailed overview of the global
drone-based inspections market for oil and gas that will help industry consultants, equipment manufacturers,
existing players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
“The Final Report will cover the impact analysis of COVID-19 on
this industry.”
Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-2993
About Research Nester
Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.
Contact for more
Info:
AJ Daniel
Email: info@researchnester.com
U.S. Phone: +1
646 586 9123
U.K. Phone: +44 203 608 5919
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