Construction drone market is projected to reach $11,968.6 million by 2027, registering a CAGR of 15.4% from 2020 to 2027.ย
Competition Analysis
- 3D Robotics, Inc.,
- AeroVironment, Inc.,
- DJI,
- FLIR Systems
- Insitu, Inc.,
- Leptron Unmanned Aircraft Systems, Inc.,
- Parrot Drones,
- PrecisionHawk, Trimble Inc.,
- Yuneec International Co. Ltd. Acquisition
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Rise in demand for construction drones can be attributed to the rapid development of the construction industry across the globe, as this leads to increase in need for surveying of vast land mass, which contains uneven ground and rocky obstacles.
The report also provides information on the drivers, restraints, and opportunities of the market. Furthermore, certain strictures such as value chain breakdown, pricing analysis, Porterโs five force breakdown, and impact of government dictums on the market are also demonstrated in the construction drone market report.
Segmental outlook
The global construction drone market is categorized on the basis of type, application, end-use industry, and region. Based on region, the market is studied across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
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growth of population coupled with rapid urbanization has resulted in increase in residential and nonresidential construction activities in the developed and developing countries such as the U.S., Canada, the UK, Russia, India, China, and Brazil. For instance, in August 2020, Statistics Canada, a national statistical agency of Canada, released a report on economy of Canada.ย
Competitive scenario
The report encompasses an in-depth study of the major players operating across the world, along with market share analysis, and an outlook on the strategies adopted by the top players in the industry. Moreover, the report highlights the developmental strategies such as mergers & acquisitions, product launches, and partnerships incorporated by the market players to heighten their foothold in the market.
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COVID-19 Impact Analysis
The COVID-19 outbreak had a huge impact on the community as well as the economy throughout 2020. The report offers a brief overview of the outcome of the outbreak. The report focuses on the direct impact of COVID-19 pandemic on the market extent and share.
Moreover, it also discusses the safety measurements taken by governments to curb the spread of the virus and how it has helped the construction drone market get back on track soon It further highlights the prime strategies adopted by major market players during such unprecedented times.
Key Benefits For Stakeholders
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global construction drone market forecast analysis from 2020 to 2027 is included in the report.
- The key players within market of construction drone are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the construction drone industry.
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