by Fact.MR | August 24, 2023
The global drone pipeline inspection market is expected to reach a valuation of US$ 336.1 million in 2023 and is expected to progress at a CAGR of 14.2% to reach US$ 1,161.3 million by the end of 2033.
In recent years, the global market for drone pipeline inspection has experienced a remarkable surge in growth, driven by the need for efficient, cost-effective, and safe methods of maintaining critical energy infrastructure. Drones, also known as unmanned aerial vehicles (UAVs), have transcended their original applications in the military and recreational sectors to become indispensable tools in various industries, including energy. The integration of drones into pipeline inspection processes has revolutionized the way energy companies monitor, assess, and maintain their vast networks of pipelines.