Drone technology is used heavily in industries such as logistics, oil extraction, defense, healthcare, military combats, ariel surveillance, and filmmaking. Such industries are opting for drone services due to its versatility, flexibility, and cost-effectiveness. For instance, oil industries can deploy drones for video surveillance during exploration activities in hostile conditions. Numerous other industries are also adopting drone services which is leading towards an explosive growth in the number of drone service providers. It comes as no surprise that this market is growing at a phenomenal rate of 71.62% (SpendEdge: Global Drone Services Category – Procurement Market Intelligence Report) per year for the forecast period of 2017-2021.

Top Drone Service Providers Affecting the Market Growth

Parrot SA

Parrot SA, founded in 1994, is a French-based wireless products manufacturers. The company specializes in voice recognition technology and drone technology. They strengthened their presence in the drone market by buying 57% of Swiss drone company SenseFly and 25% of Swiss photogrammetry company Pix4D.

Airware

Airware is an American venture-funded startup founded in 2011 in California that provides commercial UAV for enterprises. Airware assists its client to gather business intelligence data and thereby increase operational efficiency, enhance worker safety, and improve decision-making. In 2016, the company raised $30 million in venture capital in a round led by Next World Capital.

Cyberhawk Innovations Ltd

Cyberhawk Innovations Ltd is a leading engineering company that specializes in the use of UAV for ariel inspection and surveying. It has a wide client base spread across the world and caters to clients in the energy sector including oil and gas, wind, utilities, and thermal industry.  The company currently operates in over 25 countries with offices in Scotland, Houston, Abu Dhabi and Kuala Lumpur.

Sky-Futures

Sky-Futures is one of the leading drone service providers extending its services to oil and gas industries that is operating since 2009. The company assists in oil exploration activities to gather various types of data including HD videos and still imagery. It is also one of the first company to receive FAA regulatory approval to operate in the US.

Sharper Shape

Sharper Shape is a Drone Software as a Service (DSaaS) company, headquartered in North Dakota, USA, which specializes in automating the entire process of drone-based utility inspections. Founded in 2013, it serves key clients such as Edison Electric Institute and SkySkopes.

Read more about the top vendors in drone services market along with competitive analysis, cost containment strategy, procurement best practices, pricing strategy, procurement insights in SpendEdge’s upcoming report on the global drone services market.

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