FinancialNewsMedia.com News Commentary
PALM BEACH, Fla., Sept. 19, 2023 /PRNewswire/ -- The drone industry as a whole has been on a technological improvement spree for a quite long time. The drone industry has witnessed multiple breakthroughs in its uses and operations. The drone market is flooded with companies providing an abundance of drone-related products and services. Drone surveying services have emerged as one of the most sought-after drone related services in the past few years. Drone surveying services are being applied in multiple industries such as agriculture, mining, infrastructural development, energy, transportation, etc. and the demand continues to increase, and more industries are expected to integrate drones for their operation use. According to Fact.MR, a market research and competitive intelligence provider the global drone surveying market is estimated to reach a valuation of US$ 1380.4 million in 2023. The market is further expected to grow at a CAGR of 19.3% during the forecast period of 2023-2033 and achieve a valuation of US$ 8061.5 million by the end of 2033. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Intel Corporation (NASDAQ: INTC), AgEagle Aerial Systems Inc. (NYSE American: UAVS), Teledyne Technologies Incorporated (NYSE: TDY), Trimble (NASDAQ: TRMB).
Read more at prnewswire.com