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Europe Inspection Drone for Confined Space Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Drone Type, and Application

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    Report

  • 96 Pages
  • October 2020
  • Region: Europe
  • The Insight Partners
  • ID: 5204968
Quadrotor Drone Segment to Dominate Europe Inspection Drone for Confined Space Market during 2019-2027

According to a new market research study on “Europe Inspection Drone for Confined Space Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Drone Type and Application” is expected to reach US$542.17 million by 2027 from US$217.19 million in 2019. The market is estimated to grow at a CAGR of 12.4% from 2020 to 2027. The report provides trends prevailing in the Europe inspection drone for confined space market along with the drivers and restraints pertaining to the market growth. Maintenance expenses declining and safeguarding human safety are the major factors driving the growth of the Europe inspection drone for confined space market. However greater technical complications hinder the growth of Europe inspection drone for confined space market.

The Europe inspection drone for confined space market is segmented based on drone type, application and country. Based on drone type, the market is bifurcated into quadrotor drone and multi rotor drone. Quadrotor drone held larger market share in 2019. Further, by application, the Europe drone inspection for confined space market is categorized into oil and gas, marine vessels, power generation, chemicals, mining, and others. Oil and gas held a substantial share of Europe drone inspection for confined space market in 2019.

In the case of COVID-19, several countries in Europe are expected to suffer an economic hit due to a lack of revenue from various industries. Many of these member states have implemented drastic measures such as restrictions on travel, imports & exports, and shipment of goods. This is anticipated to impact market growth in Europe. The impact of COVID-19 varied from country to country across the European region as selected countries witnessed a surge in the number of confirmed cases and subsequently led to strict as well as more extended lockdown period or social isolation resulting in disruption of business. For instance, in countries such as Italy and Spain the inspection based services demand decreased significantly owing to a notable number of positive cases across the country, thus leading to slow movement of goods or service offering. However, western European countries, such as Germany, France, and the UK, due to robust healthcare infrastructure have witnessed a comparatively moderate decline in their demand for drone inspection based services as the manufacturing and energy & power sector witnessed little impact over the pandemic. The lockdown is expected to continue negatively impacting the market and virtually disrupt the market growth across selected countries during the coming few months and potentially the next few years.

DRONE VOLT; Flyability SA; Imaze Tech Ltd; Multinov; Scout Drone Inspection AS are among the leading companies in the Europe drone inspection for confined space market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Scout Drone in partnership with Altera Infrastructure and DNV GL used a drone to inspect a 19.4-meter-high oil tank onboard Petrojarl Varg, a floating production, storage, and offloading vessel.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe inspection drone for confined space market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the inspection drone for confined space market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the inspection drone for confined space market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Inspection Drone for Confined Space Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Inspection Drone for Confined Space Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Maintenance Expenses Declining
5.1.2 Safeguarding Human Safety
5.2 Market Restraints
5.2.1 Greater Technical Complications
5.3 Market Opportunities
5.3.1 Coming Up of Advanced Distribution Channels
5.3.2 Mounting Extent of Partnerships and Collaborations Within Market Players
5.4 Future Trends
5.4.1 Encompassing R&D Investments
5.5 Impact Analysis of Drivers and Restraints
6. Inspection Drone for Confined Space - Europe Market Analysis
6.1 Europe Inspection Drone for Confined Space Market Overview
6.2 Europe Inspection Drone for Confined Space Market - Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Market Players Ranking
7. Europe Inspection Drone For Confined Space Market - By Drone type
7.1 Overview
7.2 Europe Inspection Drone for Confined Space Market, by Drone type (2019 and 2027)
7.3 Quadrotor Drone
7.3.1 Overview
7.3.2 Quadrotor Drone: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Multi Rotor Drone
7.4.1 Overview
7.4.2 Multi Rotor Drone: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
8. Europe Inspection Drone For Confined Space Market Analysis - By Application
8.1 Overview
8.2 Europe Inspection Drone for Confined Space Market, By Application (2019 and 2027)
8.3 Oil & Gas
8.3.1 Overview
8.3.2 Oil & Gas: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Power Generation
8.4.1 Overview
8.4.2 Power Generation: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Mining
8.5.1 Overview
8.5.2 Mining: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Chemicals
8.6.1 Overview
8.6.2 Chemicals: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
8.7 Marine Vessels
8.7.1 Overview
8.7.2 Marine Vessels: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
9. Europe Inspection Drone for Confined Space Market - Country Analysis
9.1 Overview
9.1.1 Europe: Inspection Drone for Confined Space Market, by Key Country
9.1.1.1 Germany: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Germany: Inspection Drone for Confined Space Market, by Drone Type
9.1.1.1.2 Germany: Inspection Drone for Confined Space Market, by Application
9.1.1.2 France: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 France: Inspection Drone for Confined Space Market, by Drone Type
9.1.1.2.2 France: Inspection Drone for Confined Space Market, by Application
9.1.1.3 Italy: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 Italy: Inspection Drone for Confined Space Market, by Drone Type
9.1.1.3.2 Italy: Inspection Drone for Confined Space Market, by Application
9.1.1.4 UK: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 UK: Inspection Drone for Confined Space Market, by Drone Type
9.1.1.4.2 UK: Inspection Drone for Confined Space Market, by Application
9.1.1.5 Russia: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.5.1 Russia: Inspection Drone for Confined Space Market, by Drone Type
9.1.1.5.2 Russia: Inspection Drone for Confined Space Market, by Application
9.1.1.6 Rest of Europe: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of Europe: Inspection Drone for Confined Space Market, by Drone Type
9.1.1.6.2 Rest of Europe: Inspection Drone for Confined Space Market, by Application
10. Impact of COVID-19 Pandemic- Europe Inspection Drone for Confined Space Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
12. Company Profiles
12.1 Scout Drone Inspection AS
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Multinov
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 DRONE VOLT
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Flyability SA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Imaze Tech Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Tables
Table 1. Europe Inspection Drone for Confined Space Market - Revenue, and Forecast to 2027 (US$ Million)
Table 2. Germany: Inspection Drone for Confined Space Market, by Drone Type -Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany: Inspection Drone for Confined Space Market, by Application -Revenue and Forecast to 2027 (US$ Million)
Table 4. France: Inspection Drone for Confined Space Market, by Drone Type -Revenue and Forecast to 2027 (US$ Million)
Table 5. France: Inspection Drone for Confined Space Market, by Application -Revenue and Forecast to 2027 (US$ Million)
Table 6. Italy: Inspection Drone for Confined Space Market, by Drone Type -Revenue and Forecast to 2027 (US$ Million)
Table 7. Italy: Inspection Drone for Confined Space Market, by Application -Revenue and Forecast to 2027 (US$ Million)
Table 8. UK: Inspection Drone for Confined Space Market, by Drone Type -Revenue and Forecast to 2027 (US$ Million)
Table 9. UK: Inspection Drone for Confined Space Market, by Application -Revenue and Forecast to 2027 (US$ Million)
Table 10. Russia: Inspection Drone for Confined Space Market, by Drone Type -Revenue and Forecast to 2027 (US$ Million)
Table 11. Russia: Inspection Drone for Confined Space Market, by Application -Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of Europe: Inspection Drone for Confined Space Market, by Drone Type -Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of Europe: Inspection Drone for Confined Space Market, by Application -Revenue and Forecast to 2027 (US$ Million)
Table 14. List of Abbreviation
List of Figures
Figure 1. Europe Inspection Drone for Confined Space Market Segmentation
Figure 2. Europe Inspection Drone for Confined Space Market Segmentation - By Country
Figure 3. Europe Inspection Drone for Confined Space Market Overview
Figure 4. Europe Inspection Drone for Confined Space Market Outlook
Figure 5. Europe Inspection Drone for Confined Space Market - Country Analysis
Figure 6. Europe Inspection Drone for Confined Space Market - Drone Type Analysis
Figure 7. Europe Inspection Drone for Confined Space Market - Application Analysis
Figure 8. Europe: PEST Analysis
Figure 9. Europe Inspection Drone for Confined Space Market - Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Europe Inspection Drone for Confined Space Market Impact Analysis of Drivers and Restraints
Figure 12. Europe: Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
Figure 13. Europe Inspection Drone for Confined Space Market Revenue Share, by Drone type (2019 and 2027)
Figure 14. Quadrotor Drone: Europe Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
Figure 15. Multi Rotor Drone: Europe Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
Figure 16. Europe Inspection Drone for Confined Space Market Revenue Share, by Application (2019 and 2027)
Figure 17. Oil & Gas: Europe Inspection Drones for Confined Spaces Market- Revenue and Forecast to 2027 (US$ Million)
Figure 18. Power Generation: Europe Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
Figure 19. Mining: Europe Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
Figure 20. Chemicals: Europe Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
Figure 21. Marine Vessels: Europe Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
Figure 22. Others: Europe Inspection Drone for Confined Space Market - Revenue and Forecast to 2027 (US$ Million)
Figure 23. Europe: Inspection Drone for Confined Space Market Revenue Share, by Key Country (2019 and 2027)
Figure 24. Germany: Inspection Drone for Confined Space Market - Revenue and Forecast To 2027 (US$ Million)
Figure 25. France: Inspection Drone for Confined Space Market - Revenue and Forecast To 2027 (US$ Million)
Figure 26. Italy: Inspection Drone for Confined Space Market - Revenue and Forecast To 2027 (US$ Million)
Figure 27. UK: Inspection Drone for Confined Space Market - Revenue and Forecast To 2027 (US$ Million)
Figure 28. Russia: Inspection Drone for Confined Space Market - Revenue and Forecast To 2027 (US$ Million)
Figure 29. Rest of Europe: Inspection Drone for Confined Space Market - Revenue and Forecast To 2027 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in Europe Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • DRONE VOLT
  • Flyability SA
  • Imaze Tech Ltd
  • Multinov
  • Scout Drone Inspection AS