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Construction Drone Market Trends

  • Report ID: GMI11310
  • Published Date: Sep 2024
  • Report Format: PDF

Construction Drone Market Trends

The integration of AI and machine learning into drone operations is propelling the industry growth of the construction drone industry. Companies are increasingly using AI-powered drones for predictive analytics, allowing them to anticipate potential issues such as equipment failures, material shortages, or project delays. These advanced drones can analyze vast amounts of data collected from construction sites, providing actionable insights to optimize project management and enhance efficiency. For instance, in May 2024, ideaForge Technology Inc. a global drone technology firm unveiled a partnership with Skylark Labs, a U.S.-based AI solutions company, to incorporate advanced proprietary self-evolving AI capabilities into its drones for public safety and security applications. This collaboration seeks to transform public safety operations by equipping drones with self-evolving AI technology, enabling them to autonomously detect and identify suspicious weapons, individuals, vehicles, fires, and smoke in real-time. The usage of AI in drones also facilitates automated decision-making, reducing the need for human intervention and enabling more precise, data-driven construction practices. This trend is expected to significantly drive market adoption.
 

The growing popularity of thermal imaging technology is driving the market growth. Drones equipped with thermal cameras are increasingly being used for building inspections, identifying heat leaks, and monitoring energy efficiency. These drones provide detailed thermal maps of construction sites, helping to detect insulation defects, moisture intrusion, and electrical issues. The ability to conduct non-invasive inspections with thermal imaging drones improves safety, reduces inspection time, and lowers costs. This trend is gaining traction as construction companies seek innovative solutions to enhance building performance and meet stringent energy efficiency standards.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for construction drone was worth USD 3.9 billion in 2023 and will grow at 8.5% CAGR between 2024 and 2032, fueled by advancements in drone technology, enabling enhanced data collection, and real-time monitoring capabilities.

The rotary wing drone segment captured 65% share in 2023, propelled by its superior maneuverability and ability to hover in place, making it ideal for detailed inspections and close-up imaging.

North America industry held 40% share in 2023, owing to the region's early adoption of advanced technologies and significant investments in infrastructure projects.

Key players operating in the construction drone industry are AeroVironment, Inc., DJI (Dà-Jiang Innovations), DroneDeploy, FlyGuys, Heliguy, JOUAV, PrecisionHawk, senseFly, Skydio, Inc., and Wingtra AG, among others.

Construction Drone Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 300
  • Countries covered: 25
  • Pages: 250
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