Dublin, Sept. 06, 2022 (GLOBE NEWSWIRE) — The “Drone Servicing/Repair Global Market Report 2022 by Type, Duration of Service, Solution, Application, End Use Industry” report has been added to ResearchAndMarkets.com’s offering.
The global drone servicing/repair market is expected to grow from $8.61 billion in 2021 to $13.08 billion in 2022 at a compound annual growth rate (CAGR) of 51.9%. The market is expected to reach $65.41 billion in 2026 at a CAGR of 49.5%.
It includes different solutions such as enterprise solutions, point solutions and provides short-duration service, long duration service. It is used in aerial photography and remote sensing, data acquisition and analytics, mapping and surveying, 3D modeling, inspection and environmental monitoring, others and is employed in various sectors such as oil and gas, agriculture, logistics, media and entertainment, utility and power, others.
The growing adoption of precision agriculture practices is expected to drive the growth of the drone servicing or repair market in the coming years. Precision farming is a farming management approach that emphasizes the use of contemporary technology at all stages of the process. Precision farming technologies enable the identification of heterogeneous zones as well as the management of the variability that comes with a varied field.
Drones are becoming more significant in precision farming, allowing farmers to lead the way in environmentally friendly farming practices while…