I started to focus from 2016 and I assembled enough data points to really confirm my doubts. We find in our survey that Construction Aerial Inspection services given companies are in big trouble. Previously in 2015, there were a lot of barriers that came across in getting data from drones. Besides leisure in order to fly, you had to go through an FAA application process for a commercial operation called so 333 exemption. Operation without the exemption could bring you into an expensive civil penalty.

Progress Report of Construction Aerial Photography

The drone market will grow progressively in the commercial, consumers, and in military sectors. According to the 2016 report above, drone industries were in the worst condition but also estimated that they will reach good market size in between 2026 to 202o and it proved right. About 72% of the figure linked with the military activities, the commercial business represents the fastest growth in between these years.

Now, the Construction Aerial Photography market has been booming with high sales and revenue in the past decade. It has transformed these sectors and enhanced efficiency, especially in the construction industry. Construction Aerial Photography through drones allows users to get a bird’s eye view of the whole project.

We have seen the rising gush of drones in the enterprise. When you combine the existing challenges and the changing situations, the outlook is not very good. A recent study of Pro drones found that the most profitable spot for Construction Inspection was the niche spaces that run a marketplace much harder than before.

I hope May this year is going to be an interesting year. The existing Construction Aerial Photography providers have to find more accessible paths to revenue.

Investors Are Concentrated basically in the US, China and Israel and Serving a Different Market Segment

The majority of investments are concentrated in Israel, China, and the US. On the other hand, each country has a different focus in the market. The US Construction Inspection companies are focused on developing specific commercial applications. Whereas China has dominated the consumer market which has found 35% of North American consumer drone sales last year and Israel has been in the front position in military application development. The race for advanced Construction Inspection has been led by US companies and startups.

Prediction for Future Trend

The Construction Aerial Photography business has been already dominated by a few major players. Chris Korody said that the principle at Construction Inspection by drones is likely a scenario that a company for whom drones is an adjunct rather than a business. This could bring the complete development of a drone solution. We are now touching the tip of the iceberg in terms of harassing the true power of drone business and conducting new ways.

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