Global Drone Inspection and Monitoring Market Size, Trends and Growth opportunity, By Solution (Platform, Software, Infrastructure, and Services), By Type (Fixed Wing, Multirotor, and Hybrid), By Operation Mode (Remotely Piloted, Optionally Piloted, and Fully Autonomous), and By Application (Construction & Infrastructure, Oil & Gas, Mining, Agriculture, Utilities, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Drone Inspection and Monitoring Market 
The Global Drone Inspection and Monitoring Market was valued at USD 10.5 billion in 2021 and is expected to reach USD 25.1 billion by 2027, at a CAGR 12.17% from 2022-2027.
In a Drone Inspection and Monitoring system, the inspector uses a drone to search for potential maintenance issues. The drones can fly above and around an asset to let the inspectors carefully look at all the relevant areas that need to be maintained.
Drones, or unmanned aerial vehicles, are mostly used for a broad range of purposes, from continuous monitoring of crowds & providing aid to emergency responders to inspecting critical infrastructure & surveying damage from storms.
Market Drivers
The increase in the demand for operational efficiency and safety, the need for real-time data, and the reducing cost of drone technology is driving the Drone Inspection and Monitoring Market. Operational efficiency is one of the key driving factors because drones can be used to inspect hard-to-reach areas, gather data more quickly & accurately than traditional methods, and do so without putting workers in harm’s way.
Market Restraints
The key challenges in the drone inspection and monitoring market include the lack of skilled pilots, regulations, and the high cost of drones.
Also, the lack of skilled pilots is a major challenge as it limits the use of drones to only those who are trained and certified.
Market Segmentation
The Global Drone Inspection and Monitoring Market is segmented into Solution, Type, Operation Mode, Application, and Region.
Based on the solution the Global Drone Inspection and Monitoring Market is segmented into platform, software, infrastructure, and services.
Further, based on application, the Global Drone Inspection and Monitoring Market is segmented into construction & infrastructure, oil & gas, mining, agriculture, utilities, and others.
Regional Analysis
The Global Drone Inspection and Monitoring Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the Drone Inspection and Monitoring Market in 2022. With the rising use of drones for asset monitoring and oil & gas applications, their procurement is projected to contribute to the growth of the drone inspection and monitoring market in this region. The US & Canada are increasingly investing in the development of drones owing to their surging demand for various applications.
Key Players
Various key players are discussed into the Global Drone Inspection and Monitoring Market Report including: Aerovironment Inc., American Robotics, Ageagle Aerial Systems Inc., Israel Aerospace Industries, DJI, Microdrones, PrecisionHawk, Parrot Drones, Trimble Inc., Parrot Drones, Yamaha Motor Corp., and Others.
For instance, in September 2020, the US-based Lockheed Martin Corporation launched a new range of Drones. This product launch was aimed to provide new generation aerial robots to the US Air Force.
Market Taxonomy
By Solution
•        Platform
•        Software
•        Infrastructure
•        Services
By Type
•        Fixed Wing
•        Multirotor
•        Hybrid
By Operation Mode
•        Remotely Piloted
•        Optionally Piloted
•        Fully Autonomous
By Application
•        Construction & Infrastructure
•        Oil & Gas
•        Mining
•        Agriculture
•        Utilities
•        Others
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa

Global Drone Inspection and Monitoring Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Drone Inspection and Monitoring Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Drone Inspection and Monitoring Market, By Solution
5.1 Y-o-Y Growth Comparison, By Solution
5.2 Global Drone Inspection and Monitoring Market Share Analysis, By Solution
5.3 Global Drone Inspection and Monitoring Market Size and Forecast, By Solution
5.3.1 Platform
5.3.2 Software
5.3.3 Infrastructure
5.3.4 Services
6 Global Drone Inspection and Monitoring Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Global Drone Inspection and Monitoring Market Share Analysis, By Type
6.3 Global Drone Inspection and Monitoring Market Size and Forecast, By Type
6.3.1 Fixed Wing
6.3.2 Multirotor
6.3.3 Hybrid
7 Global Drone Inspection and Monitoring Market, By Operation Mode
7.1 Y-o-Y Growth Comparison, By Operation Mode
7.2 Global Drone Inspection and Monitoring Market Share Analysis, By Operation Mode
7.3 Global Drone Inspection and Monitoring Market Size and Forecast, By Operation Mode
7.3.1 Remotely Piloted
7.3.2 Optionally Piloted
7.3.3 Fully Autonomous
8 Global Drone Inspection and Monitoring Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Drone Inspection and Monitoring Market Share Analysis, By Application
8.3 Global Drone Inspection and Monitoring Market Size and Forecast, By Application
8.3.1 Construction & Infrastructure
8.3.2 Oil & Gas
8.3.3 Mining
8.3.4 Agriculture
8.3.5 Utilities
8.3.6 Others
9 Global Drone Inspection and Monitoring Market, By Region
9.1 Global Drone Inspection and Monitoring Market Share Analysis, By Region
9.2 Global Drone Inspection and Monitoring Market Share Analysis, By Region
9.3 Global Drone Inspection and Monitoring Market Size and Forecast, By Region
10 North America Drone Inspection and Monitoring Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Drone Inspection and Monitoring Market Share Analysis, By Solution
10.3 North America Drone Inspection and Monitoring Market Size and Forecast, By Type
10.4 North America Drone Inspection and Monitoring Market Size and Forecast, By Operation Mode
10.5 North America Drone Inspection and Monitoring Market Size and Forecast, By Application
10.6 North America Drone Inspection and Monitoring Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Drone Inspection and Monitoring Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Drone Inspection and Monitoring Market Share Analysis, By Solution
11.3 Europe Drone Inspection and Monitoring Market Size and Forecast, By Type
11.4 Europe Drone Inspection and Monitoring Market Size and Forecast, By Operation Mode
11.5 Europe Drone Inspection and Monitoring Market Size and Forecast, By Application
11.5 Europe Drone Inspection and Monitoring Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Drone Inspection and Monitoring Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Drone Inspection and Monitoring Market Share Analysis, By Solution
12.3 Asia Pacific Drone Inspection and Monitoring Market Size and Forecast, By Type
12.4 Asia Pacific Drone Inspection and Monitoring Market Size and Forecast, By Operation Mode
12.5 Asia Pacific Drone Inspection and Monitoring Market Size and Forecast, By Application
12.6 Asia Pacific Drone Inspection and Monitoring Market Size and Forecast, By Country
12.6.1 China        
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Drone Inspection and Monitoring Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Drone Inspection and Monitoring Market Share Analysis, By Solution
13.3 Latin America Drone Inspection and Monitoring Market Size and Forecast, By Type
13.4 Latin America Drone Inspection and Monitoring Market Size and Forecast, By Operation Mode
13.5 Latin America Drone Inspection and Monitoring Market Size and Forecast, By Application
13.6 Latin America Drone Inspection and Monitoring Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Drone Inspection and Monitoring Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Drone Inspection and Monitoring Market Share Analysis, By Solution
14.3 Middle East Drone Inspection and Monitoring Market Size and Forecast, By Type
14.4 Middle East Drone Inspection and Monitoring Market Size and Forecast, By Operation Mode
14.5 Middle East Drone Inspection and Monitoring Market Size and Forecast, By Application
14.6 Middle East Drone Inspection and Monitoring Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Aerovironment Inc.
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 American Robotics
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Ageagle Aerial Systems Inc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Israel Aerospace Industries
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 DJI
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Microdrones
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 PrecisionHawk
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies        
16.8 Parrot Drones
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Trimble Inc.
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Yamaha Motor Corp
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies