Global Wind Turbine Inspection Drones Market 2017-2021
About Wind Turbine Inspection Drones
Wind turbine inspection drones are unmanned aerial vehicles catering to the civilian segment of end-users. They are used to gather information and images of wind turbine blades, nacelles, and towers. They are implemented along with inspection services and software that are used to facilitate the monitoring, mapping, and analysis across various sectors, mainly comprising energy, power, and utility for their infrastructure management programs. Traditionally, wind turbines were inspected by manual modes that employed inspection teams suspended through ropes and cables using binoculars and field telescopes. However, this method not only involved high risks to personnel but also had limitations in terms of accessing areas that proved to be a challenge to reach. It was also observed that certain defects in the blades of wind turbines were not visible to the naked eye.
Technavio’s analysts forecast the global wind turbine inspection drones market to grow at a CAGR of 12.93% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global wind turbine inspection drones market for 2017-2021. To calculate the market size, the report considers the revenue generated from hardware and solutions through sales made to wind turbine owners, inspection service providers, and wind turbine manufacturers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Wind Turbine Inspection Drones Market 2017-2021
Technavio recognizes the following companies as the key players in the global wind turbine inspection drones market: Aeryon Labs, Cyberhawk Innovations, Hexagon, Strat Aero, and UpWind Solutions.
Other Prominent Vendors in the market are: AIRPIX, Aerialtronics, AeroVision Canada, AutoCopter, DJI, DroneView Technologies, Eagle Eye Solutions, HUVr, Intel, microdrones, Monarch, Parrot, Pro-Drone, Romax Technology, and Vinveli.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is technological improvements in hardware. Apart from wind turbine inspection drones, the software solutions required for analysis of data and images acquired are also evolving with time. Vendors are continuously introducing offerings that can improve the functionalities of wind turbine inspection drones. For instance, Pro-Drone, a major startup in the market, has introduced a solution that enables users to customize the control of the drone as per its positional awareness about the blade’s placement.”
According to the report, one driver in market is promotion of wind energy due to renewability. With an increased focus on sustainability and environmental conservation, there is an increased focus on green energy initiatives. Currently, there are over 900,000 wind turbines installed globally. Some countries like Denmark meet all their energy needs using wind power. As wind energy is increasingly favored due to its renewability over alternatives such as fossil fuels, the demand for maintenance services will also gain traction. In turn, more companies will switch to technologically advanced inspection services involving wind turbine inspection drones to detect regular deterioration and the pre-end-of-warranty condition of turbine parts. This is to ensure that energy generation is not uninterrupted, and there is a reduction in downtime arising from inspection and maintenance.
Further, the report states that one challenges in market is regulatory hurdles. The companies in the global wind turbine inspection drones market have been facing regulatory hurdles since their introduction in the market. With awareness and adoption of these drones, governments are updating their regulations regarding the use of UAVs. This is expected to be a major challenge for vendors that might experience limited adoption of wind turbine inspection drones in countries with more stringent laws. The laws relate to the requirement of specific certifications, qualifications, or modifications in design, which are expected to have an undesirable/unfavorable impact on the financial performance and market positions of companies. The complexity of these laws in terms of regulations regarding VLOS and BVLOS, and their variation across different countries adds to the hurdles faced by new entrants.
Aeryon Labs, Cyberhawk Innovations, Hexagon, Strat Aero, UpWind Solutions, AIRPIX, Aerialtronics, AeroVision Canada, AutoCopter, DJI, DroneView Technologies, Eagle Eye Solutions, HUVr, Intel, microdrones, Monarch, Parrot, Pro-Drone, Romax Technology, and Vinveli.