Market Share of Europe Drone Services Industry
The European drone services market is highly fragmented due to the presence of many drone services start-ups in various countries of Europe. Terra Drone Corporation, DroneDeploy Inc., Cyberhawk Innovations, Sulzer & Schmid Laboratories AG, and senseFly are some of the prominent players in the Europe drone services market. The partnerships of the drone service providers with major players in commercial sectors are anticipated to support the companies in increasing their share in the market in the coming years. For instance, in April 2021, Cyberhawk entered into a major service agreement with SP Energy Networks to deliver drone-based inspection services for its power distribution and transmission structures in Central Scotland, North Wales, and North England. The contract is scheduled to run till the end of 2022. The drone inspections will allow SP Energy to manage and maintain the aging network and reduce the overall number of power cuts. The drone service providers are currently emphasizing integrating data processing and advanced data analytics solutions onboard the UAVs further to enhance the efficiency of operations for the end-users. The competitive rivalry in the market is high and is expected to surge during the forecast period due to the entry of new players into the market.
Europe Drone Services Market Leaders
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DroneDeploy, Inc.
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Terra Drone Corporation
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Cyberhawk Innovations
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Sulzer & Schmid Laboratories AG
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senseFly
*Disclaimer: Major Players sorted in no particular order
