ARC’s new research on Drones for the Process Industries covers unmanned aerial systems that are designed to operate in hard-to-reach areas and confined spaces and/or perform dangerous tasks to ensure employee safety, save time and money, and provide operational improvements via automation and digitalization. Enhancements such as advanced sensor payloads, more sophisticated cameras, and higher power on-board computing are enabling advanced applications like AI-enabled image processing and autonomous navigation and operations. Drones are increasingly able to tackle more sophisticated and challenging tasks like mobile inspection and automated data collection and analysis, all while helping to keep employees safe.
"Demand for drones in companies operating in asset-intensive process industries will be robust as the desire to keep employees safe from working in inaccessible areas or confined spaces or completing dangerous tasks remains paramount for a growing number of companies. Although employee safety is a key driver of drone adoption, end users are realizing that the improved functionality and performance capabilities of drones empowered by enhanced sensor payloads, advanced analytics and machine learning, increasing levels of autonomous operation, and 4G (and soon 5G) communications are providing enhanced operational improvements and often significant cost savings in terms of time and money from traditional inspection or surveying and mapping methods," according to Tim Shea, Senior Analyst and key author of ARC's Drones for the Process Industries Market Research Report.
Drones for the Process Industries Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows.:
- Drones Are Incorporating Increasing Levels of Intelligence, Autonomy, and Digitalization
- End Users Are Striving for Autonomous Operations and Drones Seen as Key Enabler
- Impact of the Pandemic Expedited the Need for Remote Operations
- Regulations Are Slowly Evolving, and Adoption Is Growing
Leading Suppliers to the Drones for the Process Industries Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: DJI, Flyability, MMC UAV, Parrot (senseFly), Skydio.
About the Drones for the Process Industries Research
The Drones for the Process Industries report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts for World Region, Industry, Revenue Category, Application, Customer Type, Sales Channel.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF): Provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.