A significant week for market research, with two comprehensive reports released in UAV inspection and asset integrity. There are indications of a buoyant market for UAV companies and indications of a strong preference for multirotor UAVs from industry.
Unmanned System Technology Magazine released their April/May issue online, with a focus on maintenance and a review of the advances of ground control systems.
This week in UAV Inspection:
For the investor, Canadian-based Global UAV Technologies was trading up 20% at the beginning of the week, in an indication of buoyancy in the sector. Read the release here.
ZTE have signed an agreement with Sichuan Zhongfei Sunway to conduct inspection of electronic power lines. The UAVs will leverage a 5G network to provide real-time video streaming & live data transmission. Read the release here.
Multirotor UAVs are rapidly emerging as the design to watch within UAV technologies, as the technology is shown to be perceived as more reliable by clients engaging with UAV inspection. End-client demands are driving growth in this technology, and players building industrial-application UAVs should watch this trend. 99Strategy have released a full report on the multirotor UAV market for the period 2018-2024.
This week in Asset Integrity:
New market research has been released in a report by the Market Research Gazette. The report looks at Asset Integrity Management Systems, and the development strategy for 2019-2025. The report looks at the management systems being launched into the market today. Companies include: ABB, Applus+, Bureau Veritas, Fluor, General Electric, Intertek, Aker Solutions, Asset Integrity Engineering, Element Materials Technology, EM&I, Factory IQ, Geanti Marine Limited, Oceaneering International, Penspen, SGS, STAT Marine, Viper Innovations. Key insight: forecasts for revenue and possible M&A in the sector. You can request a discount or sample of the report here.