New ARC Advisory Group research on the Drones in Construction Industry market reveals that this is a nascent market that concentrates on the intersection between drones, construction, and engineering design tools (EDT) and building information management (BIM). Yet, this market is literally taking off, and while the construction sector looks at buildings, industrial (plants), and infrastructure, it is the global need for new, upgraded, and maintained infrastructure that will be a leading element of its growth.
“The market for drones in the construction industry is relatively small when compared with the markets for drones, EDT/BIM, and construction individually, and it is a very symbiotic relationship where they all need to come together to provide the opportunities and projects to grow this market. Most infrastructure projects, like roads, rail systems, air terminals, ship yards, etc., are spread out over miles and/or many acres, and drones are a very important element for understanding and evaluating the health of various pieces of infrastructure, like bridges, dams, power lines, oil & gas pipe lines, etc.,” according to Steve Clouther, Senior Analyst at ARC Advisory Group and key author of ARC’s Drones in the Construction Industry Market Research Report.
“A drone, with its onboard camera, is just a tool for capturing images, and EDT and BIM solutions are the true essence of the construction industry, but with a drone, there is the ability to capture a new and different perspective,” added Clouther.
About the Drones in Construction Industry Market Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the drones in the construction industry market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region and construction type.
This new research is available as a Concise Market Analysis Report (PDF) that provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.