Market Trends of Middle East And Africa Drone Services Industry
The Construction Segment to Exhibit the Highest Growth Rate During the Forecast Period
Amid rapid infrastructure development and advancements in construction monitoring technology, the construction application segment is poised to showcase the highest growth rate during the forecast period. Drones, a pivotal technology in this evolution, are revolutionizing the industry. They enable real-time insights, foster collaboration, aid in workforce and equipment planning, schedule maintenance, ensure safety, and facilitate mapping, all without disrupting operations. Their efficiency shines in scanning and monitoring vast construction sites, a task that surpasses the capabilities of human operators and traditional land-based scanners.
Autonomous drones like AeroVironment's Quantix Mapper, Percepto's Sparrow series, and Airobotics are set for significant growth, primarily due to their extended loitering capabilities. Moreover, the integration of drones with advanced software, enabling functions like safety hazard detection (e.g., gas leaks) and large-scale monitoring of sites (e.g., oil and gas fields, ports) using AI, is gaining traction, especially in regions like the Middle East and Africa, known for challenging weather conditions.
Israel is Expected to Dominate the Market During the Forecast Period
Israel is home to major R&D centers for tech giants like Microsoft and Google, which are making significant forays into the commercial drone industry. The nation's supportive ecosystem extends to drone startups, particularly those focusing on technologies for diverse sectors, including construction, pharmaceutical delivery, agriculture, security, and surveillance.
Notably, the Israel Defense Forces' decision to swap Chinese DJI drones for local alternatives is poised to further invigorate the market in the coming years. For instance, startups like Flytrex are at the forefront, offering software solutions that streamline delivery operations, provide crucial topographical and weather data, and enable cloud-based management of in-flight drones.
Israel's strategic partnerships, such as with the Ukrainian Postal Service and a pharmaceutical delivery firm, underscore its commitment to testing cutting-edge systems in challenging African terrains.
Edgybees developed the world’s first dedicated augmented reality (AR) technology for high-speed moving platforms, focusing primarily on disaster management, although its services span industries like construction and urban planning. These innovative strides and strategic collaborations underscore Israel's ascent in the global drone services market.