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Wind Turbine Inspection Drones Market (Product Type - Fixed Wings Drones, Rotary Wing Drones, and Others; Application - Offshore Wind Energy, and Onshore Wind Energy): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

Wind Turbine Inspection Drones Market (Product Type - Fixed Wings Drones, Rotary Wing Drones, and Others; Application - Offshore Wind Energy, and Onshore Wind Energy): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

Report Code: IA00115 Category: Industry Automation Published: June, 2021

A recent report published by Infinium Global Research on wind turbine inspection drones market provides in-depth analysis of segments and sub-segments in the global as well as regional wind turbine inspection drones market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional wind turbine inspection drones market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global wind turbine inspection drones market. According to the report, the global wind turbine inspection drones market was worth nearly USD 40 billion in 2020 and is expected to reach over USD 80 by 2026, growing with a CAGR of 13.2% over the forecast period of 2020-2026.

 

Market Insight

The absence of preventive maintenance, each turbine failure can cost asset owners per year in repairs and spare parts. The testing of autonomous inspection technologies intended to catch cracks, erosion, and other flaws before repair or replacement are needed for wind turbine blades. An autonomous drone inspection solution allows for the collection of robust, reliable, and repeatable data from wind turbine blades. With reduced downtime and 100% blade coverage, the technology provides best-in-class quality data. Wind power is growing and drones are increasingly helping to keep an eye on the industry. To just scan wind turbines, drone companies are finding creative ways to improve, such as with predictive analyses, nested drones, and, potentially, even robotic repairs.

 

A drone inspection is a cost-effective inspection method compared to traditional telephotography or other manual inspection methods. With a drone inspection solution, one can achieve both visual and thermal images on wind turbines for on-site analysis and assessment regarding the condition of the rotor blades. The drone inspection solution for visual inspection of on- and offshore wind turbines provides benefits such as a safe working environment, reduced downtime, high-quality images, and video, dynamic surveying, and preventive maintenance planning. This further led to the growing demand for the market. 

 

The wind turbine inspection drones collects images manually or automatically using cutting-edge machine learning models. The task of manually looking at hundreds of high definition images is tedious which leaves it vulnerable to human errors. This also consumes significant time and requires hiring skilled labor who are experienced in this domain. On the other hand, the use of AI is resulting in highly accurate analysis in a cost-effective way. However, to prevent the further spread of COVID-19 the government around the world has declared a shutdown. These restrictions will result in time delays. The delays in the development, construction, and operation of wind power facilities increase costs and lower profitability, so COVID-19 could have a major impact on the wind power industry. 

 

Asia holds the largest market shares in the wind turbine inspection drones market. The region has a growing high demand for electricity owing to a rise in urbanization, industrialization, and population growth. The rapid economic growth would lead to an increase in the demand for power. This further necessitates greater investments in renewable power generation infrastructure such as wind turbines. This further provides a growing demand for the wind turbine inspection drones market in this region. 

 

Segment Covered

The report on global wind turbine inspection drones market covers segments such as product type, and application. On the basis of product type, the sub-markets include fixed wings drones, rotary wing drones, and others. On the basis of application, the sub-markets include offshore wind energy, and onshore wind energy.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Aeryon Labs, Strat Aero, Cyberhawk Innovations, UpWind Solutions, Hexagon, AeroVision Canada, DJI, DroneView Technologies, AIRPIX, and Others.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of wind turbine inspection drones market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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