According to the research report titled ‘Global Inspection Drones Market Size study with COVID-19 Impact, by Type (Fixed Wing and Rotor Wing), by Application (Electric Power Lines, Wind Power and Oil and Gas) and Regional Forecasts 2020-2026,’ available with Market Study Report, global inspection drones market is expected to grow substantially during 2020-2026.
 

Surging adoption of inspection drones in construction sector and rising cognizance of its benefits are driving the growth of global inspection drones market. Development of innovative inspection drones and tactical alliances among prominent firms are further propelling the market outlook.
 

Notably, drones are aircrafts that operate without a human pilot and used for both outdoors and indoors inspection. They are utilized for inspecting tall structures like cooling towers, elevated pipe trays, flare stacks as well as for undersides of oil rig platforms or bridges which are inaccessible by conventional means.
 

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The unexpected outbreak of COVID-19 disease has positively impacted the growth of global inspection drones market. Worldwide governments are encouraging people to stay home amidst this pandemic crisis, which in turn have impelled the demand for drones across the globe. These drones are used for transporting medical supplies, handling crowds, and decontaminating the affected areas.
 

In February 2020, for instance, Skyfront collaborated with Silvus Technologies to develop a drone with flying capacity of over five hours and at 100km operating distance, which further enabled inspection of other assets and pipeline, as well as for long-range surveillance missions. On the contrary, concerns regarding the technical issues such as the operating range and battery life of inspection drones along with shortage of expert commercial drone operators may hamper the growth of industry over the forecast timespan.
 

Based on type, global drones inspection market is divided into rotor wing and fixed wing. Speaking of the application spectrum, the market is bifurcated into oil & gas, wind power, and electric power lines.
 

From a regional perspective, North America currently holds a majority of market share and is poised to accumulate substantial returns in the ensuing years, primarily attributable to the prompt adoption of inspection drones. Meanwhile, Asia Pacific inspection drones market is projected to grow substantially during 2020-2026.
 

Major contenders in global inspection drones market are XAIRCRAFT (XAG), Ascending Technologies (AscTec), 3D Robotics, AEE USA, JYU, Parrot Inc., MicroMultiCopter Aero Technology Co. Ltd., Air Wing, MIR Innovation, and Shenzhen DJI Sciences & Technologies Ltd.