While drones serve a variety of purposes, such as recreational, photography, commercial and military, their two basic functions are flight and navigation.
To achieve flight, drones consist of a power source, such as battery or fuel, rotors, propellers and a frame. The frame of a drone is typically made of lightweight, composite materials, to reduce weight and increase maneuverability during flight.
Drones require a controller, which is used remotely by an operator to launch, navigate and land it. Controllers communicate with the drone using radio waves, including Wi-Fi.
According to a new research report pertaining to the inspection drone market, published by Transparency Market Research the global inspection drone market is expected to reach a value of ~ US$ 32 Bn by 2027, expanding at a CAGR of ~ 23% from 2019 to 2027. According to the report, the global market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.
Key Factors :
Rise in Demand for Inspection Drones in Oil & Gas Industry
Military & Defense to Account for a Leading Share of Global Inspection Drone Market
North America to be a Highly Lucrative Market for Inspection Drones