renewable drones market is expected to grow at a significant CAGR of 26.1% during the forecast period. The growing adoption of renewable drones in the renewable energy sector for different applications including detection of ships and submarines, an inspection of wind turbines, and inspection of offshore platforms and solar farms is a key factor driving the growth of the global renewable drones market. Additionally, the rising establishment of renewable energy plants, mainly solar and wind farms along with the rising focus on renewable energy generation are anticipated to offer lucrative opportunities to the growth of the global renewable drones market.
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For instance, in June 2022, UK-based Hive Energy, Ethical Power, and Solar South West formed a new joint venture namely, HES Aotearoa. It aims at developing solar assets across New Zealand. The company is expected to develop a pipeline of nearly 350 megawatts (MW) of utility-scale PV solar assets across the country, supporting the government’s commitment to achieving 100% renewable energy generation in the country by 2030. Liability to legal requirements may restrain the growth of the global renewable drone market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Renewable Drones Market Report by Segment
By Drone Type
- Multirotor
- Fixed Wing
By Solution
- End-to-End Solution Renewable Drones
- Point Solution Renewable Drones
By End-User
- Wind
- Solar
Global Renewable Drones Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global renewable drones market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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