The global renewable drone market is anticipated to grow at a significant CAGR of 26.1% during the forecast period. The growing inclination of the public and private sectors towards the development of renewable sources of energy such as wind and solar farms is a key factor driving the growth of the global renewable drones market. For instance, in June 2022, Koovappady panchayat in Ernakulam district has been preparing to use solar energy at least partially as part of efforts to shift from the conventional energy use and to create awareness among people on the use of renewable sources of energy. In the first phase, the panchayat expects to shift most of its office operations to solar power.
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The global renewable drone market is segmented by drone type, solution, and end-user. The market segmentation based on the drone type includes multirotor drones and fixed-wing drones. Among drone type, multirotor drone holds a significant share in the market. The higher adoption of multirotor drones owing to their ability to perform vertical takeoffs and landings is a key factor contributing to the potential market share. Moreover, these drones require less space to take flight, can hover mid-flight, and manoeuvre around objects for easy inspection, mapping, and modelling. Based on the solution, the market is segmented into end-to-end solution renewable drones and point solution renewable drones. Based on end-user, the market is segmented into the wind and solar.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Renewable Drones Market Report by Segment
By Drone Type
- Multirotor
- Fixed Wing
By Solution
- End-to-End Solution Renewable Drones
- Point Solution Renewable Drones
By End-User
- Wind
- Solar
Global Renewable Drones Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global renewable drones market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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