Product Code: CMI4536
Global construction drone market is estimated to be valued at US$ 16.7 Mn in 2024 and is expected to reach US$ 42.8 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 16.7 Mn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
14.40% |
2031 Value Projection: |
US$ 42.8 Mn |
Figure. Construction Drone Market Share (%), By Region 2024
Construction drones, also known as construction robots, are unmanned aerial vehicles equipped with cameras that are used for construction planning, monitoring, surveillance, and inspection purposes. These help survey and map sites, inspect progress, collect data, and detect problems. Construction drones improve work efficiency by automating repetitive and hazardous tasks. These capture visual data and transmit it in real-time for remote monitoring. This enhances safety, accuracy and reduces project delays in the construction industry.
Market Dynamics
Global construction drone market growth is driven by rapid infrastructure development worldwide and rising need for accurate documentation and progress tracking of large construction projects. Construction drones help reduce project timelines and costs significantly by improving productivity, quality control and safety. However, data security and privacy concerns related to the images and videos captured by drones can hamper the market growth. Increasing adoption of advanced technologies like AI, IoT and cloud computing in the construction sector can offer growth opportunities. Technologies like automated drone fleets, cloud-based data analytics and UHD imaging capabilities can boost application of drones across the construction lifecycle.
Key Features of the Study
This report provides in-depth analysis of the global construction drone market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global construction drone market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Hanwha Defence, Raytheon Company, Aselsan AS, Israel Aerospace Industries Ltd, The Boeing Company, Rheinmetall AG, Northrop Grumman Corporation, Thales Group, Kongsberg Gruppen, Lockheed Martin Corporation, Leonardo SpA, and SAAB AB
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global construction drone market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global construction drone market
Market Segmentation
- System Insights (Revenue, USD, 2019 - 2031)
- Missile Defence Systems
- Anti-aircraft Systems
- Counter Unmanned Aerial Systems (C-UAS)
- Counter-RAM
- End User Insights (Revenue, USD, 2019 - 2031)
- Hybrid EV (PHEV & HEV)
- EV/BEV
- Fuel Cell Vehicle (FCV)
- Platform Insights (Revenue, USD, 2019 - 2031)
- Land-based
- Air-based
- Sea-based
- Type Insights (Revenue, USD, 2019 - 2031)
- Threat Detection
- Countermeasures
- Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Hanwha Defence
- Raytheon Company
- Aselsan AS
- Israel Aerospace Industries Ltd
- The Boeing Company
- Rheinmetall AG
- Northrop Grumman Corporation
- Thales Group
- Kongsberg Gruppen
- Lockheed Martin Corporation
- Leonardo SpA
- SAAB AB
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By System
- Market Snippet, By End User
- Market Snippet, By Platform
- Market Snippet, By Type
- Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Recent Developments/ Updates
- Industry Trend
4. Global Construction Drone Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Construction Drone Market - COVID-19
- Impact Analysis
5. Global Construction Drone Market, By System, 2019-2031, (USD MN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Missile Defence Systems
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Anti-aircraft Systems
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Counter Unmanned Aerial Systems (C-UAS)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Counter-RAM
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
6. Global Construction Drone Market, By End User, 2019-2031, (USD MN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Hybrid EV (PHEV & HEV)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- EV/BEV
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Fuel Cell Vehicle (FCV)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
7. Global Construction Drone Market, By Platform, 2019-2031, (USD MN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Land-based
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Air-based
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Sea-based
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
8. Global Construction Drone Market, By Type, 2019-2031, (USD MN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Threat Detection
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Countermeasures
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
9. Global Construction Drone Market, By Region, 2019- 2031, Value (USD MN)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, (USD MN)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, (USD MN)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By System, 2019 - 2031, (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Platform, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Type, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Country, 2019 - 2031, (USD MN)
- Latin America
- Introduction
- Market Size and Forecast, By System, 2019 - 2031, (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Platform, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Type, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Country, 2019 - 2031, (USD MN)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By System, 2019 - 2031, (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Platform, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Type, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Country, 2019 - 2031, (USD MN)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By System, 2019 - 2031, (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Platform, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Type, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Country, 2019 - 2031, (USD MN)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By System, 2019 - 2031, (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Platform, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Type, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Country, 2019 - 2031, (USD MN)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By System, 2019 - 2031, (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Platform, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Type, 2019 - 2031, (USD MN)
- Market Size and Forecast, By Country/Region, 2019 - 2031, (USD MN)
- South Africa
- North Africa
- Central Africa
10. Competitive Landscape
- Hanwha Defence
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Raytheon Company
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Aselsan AS
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Israel Aerospace Industries Ltd
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- The Boeing Company
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Rheinmetall AG
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Northrop Grumman Corporation
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Thales Group
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Kongsberg Gruppen
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Lockheed Martin Corporation
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- Leonardo SpA
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
- SAAB AB
- Company Highlights
- Product Portfolio
- Recent Developments/ Updates
11. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
12. References and Research Methodology
- References
- Research Methodology
- About us