ICT RESEARCH REPORTS Wind-Turbine-Inspection-Drones-Market | Page 2

assessment invisible to the naked eye. However, elimination of these drawbacks through
utilization of wind turbine inspection drones is expected to present considerable growth
prospects for this market.
“Increasing awareness regarding utilization of renewable energy sources has led to
increased reliance harnessing wind energy”
According to Global Wind energy Council (GWEC), cumulative installed capacities of these towers
was over 485 GW, which is expected to surpass 800 GW by 2021 with double digit growth rates
over the time span. Increasing focus towards global warming and pollution levels, requirement of
harnessing green energy sources are expected to garner exponential adoption rates of these
renewable energy sources which will in turn drive the wind turbine inspection drones market
growth over the forecast period. Maintenance of uninterrupted and consistent power outputs,
reduction in examination and maintenance downtimes will be the major factors contributing to
the growth of the industry.
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“Integration of artificial intelligence (AI) to reduce the workflow errors and detailed
analysis within few hours is among the key trends gaining traction in industry”
SkySpecs Solution fully automated assessment workflows that are featured with full assessment
turnaround time within 48 hours. AirFusion is another company that builds AI based solutions to
automate damage discovery. These are among the few of the many product offerings utilized to
enhance the examination outputs. Moreover, players are increasingly making efforts to enhance
the hardware product offerings. For instance, Pro-Drone, introduced customizable solutions for
enhanced positional awareness for the blades placement.
“Regulatory compliances that restrict the utilization of these UAVs are expected to
present considerable growth challenge to the industry participants”
FAA regulations in the U.S., requirement of specific qualifications, certifications, or design
modifications, regulations regarding VLOS and BVLOS, and its distinctness across countries is
expected to be the major factor that will hamper the industry growth. According to our research,
several countries that include parts of Western Europe and U.S. are expected to upgrade
regulations regarding use of UAVs, which may relax the stringency of the regulations. This may
also present significant growth barriers to the new entrants in the industry.