Report Feature
Construction Drone Market Trends and Forecast
The future of the global construction drone market looks promising with opportunities in the surveying land, infrastructure inspection, and security & surveillance markets. The global construction drone market is expected to reach an estimated $11.7 billion by 2030 with a CAGR of 18.4% from 2024 to 2030. The major drivers for this market are increasing usage of drone in construction projects, ongoing development of autonomous drone systems, and rising usage of this technology in various applications, such as bridge inspection, dam inspection, and power line inspection.• Lucintel forecasts that fixed wing drone is expected to witness higher growth over the forecast period.
• Within this market, surveying land is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Drone Market
• United States: DJI announced a new line of industrial drones targeting construction applications, aiming to capture 30% market share by 2025 with FAA support for expanded drone use in construction.
• China: DJI and EHang collaborated on a government-backed initiative to integrate drones into construction surveillance, targeting 50% reduction in project monitoring costs by 2023.
• Germany: Wingcopter partnered with construction firms to develop drones capable of heavy-lifting, aligning with government goals to boost construction efficiency by 20% using aerial automation by 2024.
• India: Skylark Drones secured government approval for drone deployment in construction surveys, setting a target to streamline building approvals by 30% through drone-based inspections by 2025. A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Drone Market by Segment
The study includes a forecast for the global construction drone market by type, application, and region.Construction Drone Market by Type [Value from 2018 to 2030]:
• Fixed Wing Drone
• Rotary Wing Drone
Construction Drone Market by Application [Value from 2018 to 2030]:
• Surveying Land
• Infrastructure Inspection
• Security & Surveillance
• Others
Construction Drone Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction drone companies profiled in this report include-• Aerovironment
• DJI
• FLIR Systems
• Insitu
• Leptron Unmanned Aircraft Systems
• Parrot Drones
• Precisionhawk
Recent Development in the Construction Drone Market
• DJI: "Launches Matrice 300 RTK with Advanced AI Capabilities" - DJI has introduced the Matrice 300 RTK, equipped with sophisticated AI features, enhancing autonomous flight, obstacle avoidance, and real-time data analytics. This model aims to boost efficiency in construction site surveys, enabling precise mapping and inspections with its advanced sensor suite.
• Parrot: "Introduces ANAFI USA for Construction Surveillance" - Parrot has expanded its drone portfolio with the ANAFI USA, designed specifically for construction site monitoring and security. This drone features a high-resolution thermal camera and a 32x zoom camera, making it ideal for detailed inspections and monitoring hazardous conditions on construction sites.
• Terra Drone: "Partners with Hitachi Construction Machinery to Innovate Drone Solutions" - Terra Drone has teamed up with Hitachi Construction Machinery to develop integrated drone solutions aimed at optimizing construction site operations. The collaboration focuses on enhancing data collection and analysis, promoting automation in site monitoring, and improving safety and productivity.
• Flyability: "Launches Elios 3 for Indoor and Confined Space Inspections" - Flyability has unveiled the Elios 3, a drone specifically designed for indoor and confined space inspections. Its robust design and advanced collision-tolerant technology are set to revolutionize safety inspections in construction environments, allowing for thorough and safe assessments of hard-to-reach areas.
• Northrop Grumman: "Develops New Drone Systems for Construction Monitoring" - Northrop Grumman has expanded its unmanned systems portfolio with a new line of drones tailored for construction monitoring. These systems are designed to enhance project management with real-time data collection, aerial imaging, and AI-driven analytics, aiming to streamline workflows and enhance decision-making processes on construction projects.
Features of the Global Construction Drone Market
Market Size Estimates: Construction drone market size estimation in terms of value ($B). Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions. Segmentation Analysis: Construction drone market size by type, application, and region in terms of value ($B). Regional Analysis: Construction drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World. Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction drone market. Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction drone market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.FAQ
Q1. What is the construction drone market size? Answer: The global construction drone market is expected to reach an estimated $11.7 billion by 2030. Q2. What is the growth forecast for construction drone market? Answer: The global construction drone market is expected to grow with a CAGR of 18.4% from 2024 to 2030. Q3. What are the major drivers influencing the growth of the construction drone market? Answer: The major drivers for this market are increasing usage of drone in construction projects, ongoing development of autonomous drone systems, and rising usage of this technology in various applications, such as bridge inspection, dam inspection, and power line inspection. Q4. What are the major segments for construction drone market? Answer: The future of the construction drone market looks promising with opportunities in the surveying land, infrastructure inspection, and security & surveillance markets. Q5. Who are the key construction drone market companies? Answer: Some of the key construction drone companies are as follows:• Aerovironment
• DJI
• FLIR Systems
• Insitu
• Leptron Unmanned Aircraft Systems
• Parrot Drones
• Precisionhawk Q6. Which construction drone market segment will be the largest in future? Answer: Lucintel forecasts that fixed wing drone is expected to witness higher growth over the forecast period. Q7. In construction drone market, which region is expected to be the largest in next 5 years? Answer: APAC is expected to witness the highest growth over the forecast period. Q8. Do we receive customization in this report? Answer: Yes, Lucintel provides 10% customization without any additional cost.
Table of Contents
Methodology
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Buy Now
Choose a license that fits your team. Instant PDF delivery.
Prices exclude taxes. Instant delivery. Custom licensing available on request.
Key Questions
- • What are some of the most promising, high-growth opportunities for the construction drone market by type (fixed wing drone and rotary wing drone), application (surveying land, infrastructure inspection, security & surveillance, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the industry? For any questions related to Construction Drone Market, Construction Drone Market Size, Construction Drone Market Growth, Construction Drone Market Analysis, Construction Drone Market Report, Construction Drone Market Share, Construction Drone Market Trends, Construction Drone Market Forecast, Construction Drone Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
