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Construction Drone Market Expected to Reach $19 Billion by 2032

 
2022
Construction Drone Market

Report Code : A06247

quote The construction drone market has witnessed significant growth over the past decade, due to increase in adoption of construction drones in the construction and infrastructure sectors. In addition, rapid urbanization along with population growth in developing and developed countries has resulted in rise in residential and nonresidential construction, which is expected to augment the growth of construction drone market during the forecast period. A number of players are expanding their business through acquisition and partnership to strengthen their foothold in the global market. quote

Amar Chinchane - Lead Analyst
Construction and Manufacturing at Allied Market Research

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According to a new report published by Allied Market Research, titled, “Construction Drone Market," The construction drone market size was valued at $6.5 billion in 2023, and is estimated to reach $19 billion by 2032, growing at a CAGR of 12.4% from 2024 to 2032.

Construction drones enable construction teams to get a view of construction site, materials, people, and machinery, thereby assuring workplace safety and security. Construction drones are increasingly being used for applications such surveying lands, geographical mapping, and inspection of infrastructure due to advantages such as real-time data acquisition, accurate image capturing, and accessibility to hazardous areas.The construction drone market overview includes integration of advanced technologies like artificial intelligence (AI), LiDAR, and photogrammetry, drones enable real-time data collection and analysis, supporting construction managers in tracking progress, managing risks, and optimizing resource allocation. These capabilities are particularly valuable in large-scale infrastructure projects, where traditional methods can be time-consuming and labor-intensive.

Rapid urbanization has resulted in increase in residential and nonresidential construction activities in the developed and developing countries such as the U.S., Canada, the UK, Brazil, India, China, and Brazil. This is expected to drive the growth of the construction drone market during the forecast period. The global construction drone market is poised for substantial growth, driven by increasing adoption of drones in construction activities for enhanced accuracy, safety, and efficiency.

Rise in demand for construction drones is attributed to development of the construction industry around the globe, which leads to rise in need for surveying of vast land mass containing uneven ground and rocky obstacles. These tasks can be performed efficiently and quickly by construction drones as compared to humans. This is expected to drive the growth of the construction drone market during the forecast period.

Key players in the construction drone market are continuously making efforts to improve their product offerings to cater to dynamic requirements of the industry. For instance, in 2024, DroneDeploy launched its Safety AI, which uses AI to automatically detect safety risks on construction sites. This tool integrates seamlessly with their DroneDeploy Ground platform, helping contractors monitor and reduce safety incidents based on OSHA standards.

The Asia-Pacific region dominated the global construction drone market share in 2023, in terms of revenue. Also, the Asia-Pacific region is expected to register the highest CAGR during the forecast period. The developing countries such as India, Indonesia, and China have been recognized as the lucrative markets for construction drone, owing to rapid technological development. China is the major shareholder in the construction drone market, in terms of consumption and manufacturing. Furthermore, the developing economies, such as China and India, are expected to support market expansion, owing to increase in demand for new roads and highway construction.  

By type, the rotary-wing drone segment accounted for the largest share in the global construction drone market in 2023 and is expected to witness significant growth during the forecast period. Rotary wing drones are rapidly adopted in construction and infrastructure industries, owing to their features such as high maneuverability, compact design, and ease of use. Rise in use of rotary blade drones in construction and infrastructure industries, for applications such as aerial photography and video surveillance of construction sited drives the market growth. Innovations and technological advancements are the key strategies adopted by the major players in the construction drone market, which are expected to provide opportunities for construction drone market growth in the near future.

In terms of application, the land surveying segment secured the highest share in the construction drone market in 2023. This is attributed to rise in adoption of construction drones for land survey, owing to its features such as long range of flight, high stability, and superior maneuverability. In addition, increase in need for aerial mapping of lands for the purpose of record keeping, 3D modelling, and prevention of land disputes is expected to propel the growth of construction drone market during forecast period.

The players operating in the global construction drone market have adopted product launch, partnership, and acquisition as their key developmental strategies to strengthen their foothold in the global market.

 

Key Findings of the Study

  • The report provides an extensive analysis of the current and emerging construction drone market forecast, trends and dynamics. 
  • Depending on type, the rotary-wing drone segment dominated the construction drone market, in terms of revenue in 2023, and is projected to grow at a significant CAGR during the forecast period.
  • On the basis of application, the land surveying segment has garnered the highest share of revenue in 2023.
  • By end user, the residential segment registered the highest revenue in 2023.
  • The Asia-Pacific region is projected to register the highest growth rate in the coming years.
  • The key players within the construction drone market are profiled in this report, and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the construction drone industry.
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market. 
  • In-depth construction drone market analysis is conducted by constructing estimations for the key segments between 2023 and 2032.
 

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quote Construction Drone Market by Type (Rotary-Wing Drones, Fixed-Wing Drones), by Application (Land Surveying, Infrastructure Inspection, Security and surveillance, Others), by End-user (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2032 quote

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