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Author: Vikas Kumar
November 15, 2023
Key Highlights of the Report:
UAE:
Saudi Arabia:
According to a new report by Univdatos Market Insights, the UAE & Saudi Arabia Utility Drone Market is expected to reach USD XX Million in 2022 by growing at a CAGR of 25.2%. Renewable drones are becoming increasingly popular in the Middle East, particularly in Saudi Arabia and the United Arab Emirates (UAE), due to the net zero emissions goals. UAE targets 44% renewable energy by 2050, while Saudi Arabia is aiming for 50% by 2030. The increasing awareness about global warming and more solar and wind farms increasing the need of drones for maintenance.
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The UAE and Saudi Arabia, the rapid technological advancements and developments in solar power technology have made photovoltaic (PV) technology a possible alternative for powering drones and other unmanned aircraft. Also, there has been continuous growth in investments in renewable energy sources leading to the explosion of solar power across the Middle East. The governments of both nations had committed to ambitious renewable energy targets as part of their broader diversification strategies away from fossil fuels. For instance, Al Masaood Energy, in March 2022, in partnership with ADNOC Onshore and vendors Terra Drone and NDT Corrosion Control Services (NDTCCS), announced the launch of a new drone center project in the Bab, Bu Hasa, and TPO concession area. The project, set to begin in 2023, aims to enhance safety and efficiency in the oil and gas industry through the use of cutting-edge drone technology.
The report suggests that the growing preferences for increased reliance on Utility drones and demand for cutting-edge drone technology properties has had a significant impact on the renewable drone industry in the UAE & SAUDI ARABIA region. Some of the ways in which this impact has been felt include:
No Fly Zone- the GCAA has an app “UAE Drone Fly Zone Map” which allows drone users to ascertain the designated areas in UAE for the operation of drones in UAE.
The Regulations also separate UAE into six categories based on physical and operational parameters:
Apart from this, in recent years, several governments in the UAE & Saudi Arabia have implemented policies and provided funding support to enhance the growth of the Renewable drone industry. Some examples include:
These policies and funding support initiatives have helped to create a more favourable environment for the Renewable drone industry in the UAE & Saudi Arabia and are expected to support the growth of the industry in the region in the coming years.
Conclusion
In conclusion, The UAE and Saudi Arabia are leading the way in the deployment of renewable drones due to their net zero emissions goals, investments in solar energy, and increasing awareness about global warming. The growing adoption of drones can also be attributed to the reduction in inspection expenses. The rapid technological advancements and developments in solar power technology have made photovoltaic (PV) technology a possible alternative for powering drones and other unmanned aircraft. The governments of both nations had committed to ambitious renewable energy targets as part of their broader diversification strategies away from fossil fuels. The renewable drone industry in the UAE and Saudi Arabia holds immense potential, creating new opportunities for economic growth and environmental management.
Key Offerings of the Report
Market Size, Trends, & Forecast by Revenue | 2023−2030
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis by Type, Service, and End-User
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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