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The oil and gas drones market has witnessed exponential growth, surging from $6.9 billion in 2023 to $9.36 billion in 2024, boasting a remarkable CAGR of 35.5%. This growth is attributed to technological advancements, regulatory approvals, cost-effective solutions, and safety emphasis. Expected to reach $31.21 billion by 2028, driven by autonomous operations, hyperspectral imaging, data analytics, and expanded drone applications.

Government investment, directed towards diverse projects and initiatives aimed at economic development, infrastructure enhancement, innovation promotion, and social welfare, is poised to bolster the oil and gas drones market. Such investments are pivotal in influencing the adoption of drone technology within the oil and gas sector, fostering innovation, promoting collaboration, tackling regulatory hurdles, and bolstering essential infrastructure. Notably, between 2020 and 2022, government grants totaling $43.83 million (£34 million) supported innovative projects, including COVID drone response and hospital logistics solutions, contributing to advancements in both offshore and onshore oil and gas drone capabilities, thereby driving market growth.

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What Are The Key Trends That Influence Oil And Gas Drones Market Share Analysis?

Major companies in the oil and gas drones market are focused on developing integrated drone solutions to increase profitability. Integrated drone solutions empower companies in the oil and gas industry to leverage advanced aerial technologies for improved efficiency, safety, and decision-making capabilities. For instance, in March 2023, Asteria Aerospace, an India-based drone technology company, launched SkyDeck. SkyDeck is an end-to-end drone operations platform designed to streamline drone operations across multiple industries, including oil and gas. This cloud-based software provides fleet management, flight scheduling, data processing, and visualization services, significantly enhancing safety, efficiency, and decision-making related to drone operations in the oil and gas sector.

Which Market Players Are Driving Growth In The Oil And Gas Drones Market?

Major companies operating in the market areThe Boeing Company, GE Aviation, BAE Systems plc, Yamaha Motor Co. Ltd., DJI Enterprise, AeroVironment Inc., Yuneec International, Skydio Inc., XAG Co. Ltd., senseFly SA, Microdrones GmbH, Flyability SA, Quantum-Systems GmbH, Shenzhen Autel Robotics Co. Ltd., PrecisionHawk Inc., Teal Drones Inc., Ascending Technologies Inc., Freefly Systems Inc., Aeryon Labs Inc., Vantage Robotics Inc., Garuda Robotics Private Limited, Guangzhou EHang Intelligent Technology Co. Ltd., Volansi Inc

How Is The Global Oil And Gas Drones Market Segmented?

The oil and gas drones market covered in this report is segmented –

1) By Type: Single Rotor, Multi Rotor, Fixed Wing, Hybrid And Nano
2) By Applications: Inspection, Security And emergency response, Surveying And mapping
3) By End-Use: Construction, Agriculture, Mining, Oil And Gas, Other End-Use

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The Oil And Gas Drones Global Market Report 2024 provides an overview of the oil and gas dronesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The oil and gas drones market forecast analyzes oil and gas drones market size, oil and gas drones market share, leading competitor and their market positions.

The Table Of Content For The Oil And Gas Drones Market Include

1. Oil And Gas Drones Market Executive Summary
2. Oil And Gas Drones Market Segments
3. Oil And Gas Drones Market Size And Template Market Growth Rate
4.  Key Oil And Gas Drones Market Trends
5. Major Oil And Gas Drones Market Drivers
……
25. Key Mergers And Acquisitions In The Oil And Gas Drones Market
26. Top Oil And Gas Drones Companies
27. Oil And Gas Drones Market Opportunities And Strategies
28. Oil And Gas Drones Market, Conclusions And Recommendations
29. Appendix

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