The MarkNtel Advisors has released its latest report titled "Global Utility Drone Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026." This comprehensive analysis provides valuable insights into the market, including market share data. The report encompasses competitive analysis, geographical research, and recent advancements in the market. Whether you are an investor, researcher, consultant, marketing strategist, or planning to enter the industry in any capacity, this analysis can greatly benefit you.

Global Utility Drone Market Definition:

A utility drone is an aerial vehicle with an in-built camera used predominantly in the utility sector, such as power, water, sewage services, hydro-electricity power generation dams, oil & natural gas, and renewable energy. A utility drone provides better surveillance, inspection, and improved maintenance services to power generation & distribution facilities. With the time & cost-efficiency, along with the ease of reachability in inaccessible & hazardous locations, utility drones have been witnessing significantly rising applications across different verticals worldwide over the previous few years.

Global Utility Drone Market Overview

The Global Utility Drone Market is projected to grow at a CAGR of around 36.22% during the forecast period 2021-26.

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What are the Market Players in the industry?

Recent Developments by the Leading Market Players

  • Cyberhawk to Boost the Global Utility Drone Market Through 2026

A global leader in drone inspections, Cyberhawk, has recently launched more than 22,000 drone flights to inspect nearly 25,000 electric utility structures across the Western US. This initiative happened during the first six months of 2021 as a part of utility-critical campaigns like wildfire prevention & reliability. With this initiative to inspect the electric utility structures, the company is now displaying its effectiveness as it expands across the US market to help utilities maintain a reliable & flexible network of power grids.

Competitive Landscape With Leading Key Players:

The report's analysis of the Global Utility Drone market's competitive environment includes thorough profiles of the major industry competitors.

Among these important figures are:

-Asset Drone

-Cyberhawk

-ABJ Drones

-Terra Drone

-Measure

-Sharper Shape

-Sky Scape

-ULC Robotics

-Sky-Futures

-Precisionhawk

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Important Global Utility Drone Market Segmentation

By Type

-Multi Rotor

-Fixed Wing

By Services

-End-to-End Solution

-Point Solution

By End User

-Power Vertical

--Power Generation

--Power Transmission

-Renewable Vertical

--Wind

--Solar

By Application

-Real-time Monitoring

-Risk Identification & Management

-Asset Management

-Predictive Maintenance

-Others

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific

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Important Report Highlights:

  • Historical Data (2016–2020)
  • Base Year (2020)
  • Market Prospects (2021–2026)
  • Business Trends
  • Drivers of the Market and Success Factors
  • COVID-19's effects
  • Value Chain Evaluation
  • Comprehensive competitive landscape mapping

As part of the modification, we will give you any specific information you require that is not already covered by the report.

About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

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