UAVs are having their moment in the spotlight. The reporting trend this week indicates early signs of strong market growth for UAVs and UAV-based services. Data shows that a significant increase in demand for industrial application UAVs has been driven by commercial sectors. As cost-efficiency becomes the operational norm in many sectors, companies are looking to innovative technologies to ensure a similar level of service delivery.
This week in UAV Inspection:
Sulzer Schmid wins a significant contract as Vestas goes with drones for 1,250-Turbine inspection campaign. The blades of the 1,250 Vestas turbines, located across Sweden and Finland, must be inspected in time for the beginning of the repair work season. To meet the deadline, Vestas has opted for a drone-based solution.
The Drone Data Services market report released in May predicts the drone services market to be worth $63.5 billion by 2026. Drone Data Services Market is expected to increase, registering a CAGR of 53.98% in the forecast period of 2019-2026. Commercial demand for industrial application UAVs is a major driver of growth in this market. Request a report sample here.
This week in Asset Integrity:
Oil & Gas IQ publish a comprehensive guide to asset integrity, going into detail on risk-based inspection (RBI), the human element of asset integrity and price-responsive strategies for optimisation of existing assets. In the North Sea, 50% of oil and gas professionals are now working on installations over 20 years old – the UKCS cannot afford to neglect asset integrity.
A Massachusetts state-of-the-art casino gets technical as Melbourne-based CCP Technologies signs a deal to install a remote, subscription-based Internet of Things (IoT) temperature monitoring solution. It is the largest deal to date for the subscription-based solution. The IoT based solution continuously monitors temperature in areas where food is stored, capturing data 25/7 and providing real-time early warning of temperature and humidity breaches. The move could potentially save thousands of dollars’ worth of food waste from happening every month. Read more here.