Rapid Growing Adoption of Real-Time Devices in Construction Sector
- The
UAVs (unmanned aerial vehicles) or drones can play a key role in
monitoring and analyzing of construction activities, wherein they can
considerably improve and enhance the performance and speed of operations.
Drones can be potentially employed at a number of stages in a construction
project such as pre-planning, construction process monitoring, detailed
survey and mapping of the construction site, and post-build checks.
- Likewise,
drones can also perform as real-time devices for developers to monitor if
their construction project is compatible to their concept or not.
Additionally, the information obtained through drones can help planners
and construction companies to plan out the entire construction site and
keep a track of their inventory. This is anticipated to increase the
adoption of drone-based
solutions in construction market in near future.
Key Drivers of Drone-based Solutions in Construction
Market
- Increasing
focus on investments in the construction sector is influencing the adoption
of technological innovations and increasing pace of the global drone-based
solutions in construction market. For instance, the Ministry of Road
Transport and Highways of the Government of India invested around US$ 77
Bn in construction schemes in 2017. Additionally, the U.K. Government has
announced to invest nearly US$ 510.68 Mn in innovative construction
technologies to boost house-building productivity of the country. This is
likely to contribute in the growth of drone-based solutions in construction
market.
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- These
investments would help the construction sector to adopt drones or unmanned
aerial vehicles (UAVs) with the help of cameras and sensors. Drones or
unmanned aerial vehicles have emerged as a cost-efficient solution for
constructors to obtain accurate real-time data through 3D mapping. Thus,
rapidly increasing investments in the construction sector are augmenting
the adoption of drone-based solutions across the global construction
sector.
Limited drone operation bandwidth restraining the
drone-based solutions in construction market
- Drones
usually require wireless connectivity for communication between drones and
ground control systems as well as between drones and air traffic
management systems to capture appropriate data. Thus, lack of connectivity
or limited bandwidth connection can hamper the efficiency of drones.
Limited drone operation bandwidth is a major factor restraining the global
drone-based solutions in construction market.
Global Drone-based Solutions in Construction Market:
Competition Landscape
- In
February 2018, Identified Technologies introduced its new drone mapping
analytics features for use in various industry verticals such as mining,
construction, and energy. These new features include haul road analysis,
slops maps, plan IQ camera view, and enterprise site permission.
- In
June 2018, DroneDeploy raised US$ 25 Mn in a Series-C round of funding to
help drone operators capture and analyze aerial data for use in
construction, mining, agriculture, and insurance sectors
- In
August 2017, 3D Robotics signed a partnership agreement with DJI Drones (a
China-based technology company) to focus on enterprise software with an
aim to help construction and engineering sectors manage their building
sites and operations. The partnership would help the company expand its
product portfolio and gain a market share in the Asia Pacific market.
Key Players Operating in Global Drone-Based Solutions in
Construction Market:
- Identified
Technologies
Founded in 2013 and headquartered in Pittsburgh,
Pennsylvania, the U.S., Identified Technologies is specialized in providing
commercial drone solutions to various industries includes mining, construction,
and energy. The company also empowers ENR–400 and Fortune–500 companies such as
Vulcan, EQT, and PJ Dick, with the capability to deliver a new level of
transparency for challenging project management responsibilities. The company
offers drone-based solutions for construction sector as well.
- 3D
Robotics
Established in 2009 and based in Berkeley, California, the
U.S., 3D Robotics designs, develops, manufactures, and supplies parts and
technology for use in unmanned aerial vehicles (UAVs). The company also offers
GPS, servos, sensors and IMUs, R/C electronics, and cables and connectors. It
provides its solutions to various industries such as construction, civil
engineering, and mining.
- DroneDeploy
Incorporated in 2013 and located in San Francisco,
California, the U.S., DroneDeploy is a key provider of cloud-control software
solutions for drones such as real-time mapping and data processing, automated
workflows, and flight safety checks. The company also provides a mobile app
connected with DJI drones, enabling them to capture aeronautical data from the
skies. The company provides its solutions across 180 countries for use in industries
such as mining, construction, agriculture, insurance inspection, solar energy,
and oil & gas.
- Skylark
Drones Private Limited
Founded in 2014 and headquartered in Bengaluru, Karnataka,
India, Skylark Drones Private Limited uses drones or UAVs to acquire
information and analyze and present it to various enterprises operating in
mining, construction, renewable energy, and agriculture sectors.
Some of the other prominent players operating in the global
drone-based solutions in construction market are:
- Trimble,
Inc.
- PrecisionHawk
- ABJ
Drones
- Prenav,
Inc.
Global Drone-Based Solutions in Construction Market:
Research Scope
Global Drone-Based Solutions in Construction Market, by
Component
- Hardware
- Platform
- Services
- Consulting
Services
- Support
& Maintenance Services
- Training
& Education Services
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Global Drone-Based Solutions in Construction Market, by
Type
- Photogrammetry
- LiDAR
Global Drone-Based Solutions in Construction Market, by
Application
- 3D
Map Creation
- Routing
Construction Progress Monitoring
- Volumetric
Measurement
- Workplace
Safety & Security Control
- Disaster
Recovery
- Detection
of Defects
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