The global renewable drone market is anticipated to grow at a significant CAGR of 26.1% during the forecast period. The growing inclination of the public and private sectors towards the development of renewable sources of energy such as wind and solar farms is a key factor driving the growth of the global renewable drones market. For instance, in June 2022, Koovappady panchayat in Ernakulam district has been preparing to use solar energy at least partially as part of efforts to shift from the conventional energy use and to create awareness among people on the use of renewable sources of energy. In the first phase, the panchayat expects to shift most of its office operations to solar power.
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The solar power project is based on a grid project through which the panchayat will feed electricity generated through its facility to the KSEB grid, and the local body will be able to utilize an equal amount of energy from the KSEB grid for its operations. In the same month, two greenhouse domes on the Colville Reservation will house the state’s first ‘agrivoltaics’ project, where food and electricity can grow in tandem on small acreage. Farms in Central Washington are expected to boost their yield with solar energy. Such development of solar farms across the globe is anticipated to drive the growth of the global renewable drones market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., 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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