About Mining Drones
Mining drones are defined as a single automated flight that collects timely, georeferenced imagery and converts it into an exact 3D representation of your location rapidly. Drones in mining have several advantages: they are easy to repeat, they improve worker and site safety, they reduce variance in stockpile volume calculations, they reduce the need for expensive manned aircraft and highly skilled personnel, and they can collect an unlimited amount of aerial data, allowing engineers to focus on analysis and interpretation.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.9% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mining Drones market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DJI (China), Parrot (France), Yuneec (China), Kespry (United States), Autel Robotics (United States), Skydio (United States), Insitu (United States), Delair (France) and EHang (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Aerialtronics (Netherlands).
Segmentation Overview
AMA Research has segmented the market of Global Mining Drones market by , Application (Stockpile Management, Geotechnical Modeling, Inspection & Monitoring, Drilling & Blasting and Others) and Region.
On the basis of geography, the market of Mining Drones has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operation, the sub-segment i.e. Automated will boost the Mining Drones market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Major Market Share Covered by North America Because of governmental initiatives regarding the advancement in drone technology coupled with the growing demand from businesses for drone
Market Growth Drivers:
Development of electronic drones and Increasing demand of drones in construction, agriculture, energy, infrastructure etc.
Challenges:
Expensive and time consuming
Restraints:
Required high skilled workers
Opportunities:
Growing demand from applications in several industries
Market Leaders and their expansionary development strategies
In 2022, Axon and Skydio Announce New Integration of Skydio Autonomous Drones with Axon Respond for Public Safety.
In 2021, Skydio, the leading U.S. drone manufacturer and world leader in autonomous flight technology, today announced three key hires to its international team, strengthening the ability to bring its autonomous drones to customers around the world: VP of International Business Development, Martin Brandenburg; Head of International Solutions Engineering, André Becker, and; International Regulatory Program Manager, Diego Fernández Varela.
Key Target Audience
Manufactures, Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities and Government and Private Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.