Underwater Drone Rental Market Is Expected to Climb to US$ 57.4 Million by 2033

The global underwater drone rental market will reached a valuation of US$ 23.8 million in 2023 and is expected to climb to US$ 57.4 million by 2033, expanding at a healthy CAGR of 9.2% during the forecast period of 2023 to 2033. The underwater drone rental market is about 28.0% of the overall drone rental market and about 1.2% of the total drone services market which was about US$ 6.6 million in 2023.

The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Underwater Drones Rental Market both at worldwide and provincial levels.

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Competitive Landscape

Key market players in underwater drone rental market are Aersea, Balmore Inspection Services, Blue Skies Drones, Blue robotics, Drone Base, Drone Services Hawaii, Drone solution services, DroneQ Robotics, EdgeROV, Extreme Aerial Productions, Inspired Intelligent group, Killybegs Marine Surveyors, MFE Inspection Solutions, Notilo Plus, Precision drone services, Recon Aerial and Ripping It outdoors.

The underwater drone rental service market is rising with a positive growth rate. The entrance of new market players with innovative drone rental solutions and the presence of a few big market players in the industry is expected to immensely contribute to market development. Moreover, the key strategies like partnership, agreement, and others in the development of this market by companies will create a positive impact on market expansion in the forthcoming period.

For instance :

  • In December 2022, Exail, a leading underwater water drone manufacturer has signed a contract with the French defense procurement agency) for the rental of an AUV for their Navy.

Fact.MR has provided detailed information about the provider of underwater drone rental market positioned across regions, revenue growth, and service offering expansion, in the recently published report.

Market Players: –

  • Aersea
  • Balmore Inspection Services
  • Blue Skies Drones
  • Blue robotics
  • Drone Base
  • Drone Services Hawaii
  • Drone solution services
  • DroneQ Robotics
  • EdgeROV
  • Extreme Aerial Productions
  • Inspired Intelligent group
  • Killybegs Marine Surveyors
  • MFE Inspection Solutions
  • Notilo Plus
  • Precision drone services
  • Recon Aerial
  • Ripping It outdoors

Underwater inspection to exhibit higher demand for rental drones

Drones that operate underwater are employed for a variety of purposes, from important inspections to routine monitoring of the port and logistical infrastructure. By using technology to find flaws in places where it would be dangerous or difficult for humans to enter, structural integrity and durability are guaranteed.

The objective of the routine underwater inspection is to give end-users involved in oil and gas exploration, energy and utilities, shipping, and other activities the knowledge necessary to assess the condition of the platform and its attachments.

Underwater inspection comprises marine inspection, hull & dock inspection, and water tank inspection. Marine inspection is expected to hold a substantial share in underwater inspection services owing to the increasing shipping industry, and growth in the production of ships for marine trade worldwide. Owing to these factors, demand for underwater drone services is projected to rise and simultaneously exhibit the demand for rental underwater drone services worldwide.

Segmentation of the Underwater Drone Rental Market

  • By Services :
    • Underwater Exploration
    • Underwater Inspection
      • Marine Inspection
      • Hull & Dock Inspection
      • Water Tank Inspection
    • Underwater Mapping & Survey
    • Photography and Cinematography
    • Others (Not Classified Elsewhere)
  • By End-use Industry :
    • Aquaculture
    • Shipping
    • Mining, Oil & Gas
    • Energy & Utility
    • Public Administration
    • Search & Rescue
    • Defense & Security
    • Education & Academics
    • Marine Conservation and Preservation
    • Recreation & Discovery

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

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