Navigant Research Forecasts its Analysis on Global Clean Technology Market via DRTD

By CIOReview | Tuesday, March 8, 2016
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BOULDER, CO: Navigant Research recently disclosed their reports that have examined the market issue of Drone and Robotics Technologies for Transmission and Distribution (DRTD), including the global forecasted revenue i.e. segmented based on region. The company’s report is disclosing their in-depth analysis of global clean technology markets through 2024.

“While the DRTD market is still at an early stage, there’s a strong motivation in allowing utilities and transmissions operators to perform inspections and maintenance without endangering crew members,” says James McCray, Senior Research Analyst, Navigant Research.

Navigant Research is a global research and marketing team and a provider of decontaminated analysis. Its provides a combination of supply-side industry analysis, end-user primary research, demand assessment, and deep examination of technology trends. Navigant’s disclosed reports exhibit the growing demand of unmanned aerial vehicles (UAVs, or drones) in commercial sector and the anticipated cost during 2015 through 2024.

In present day world, UAVs and other robotic technologies have been considered as commercial applications whereas Transmission and Distribution (T&D) operators are in search to explore these systems cost effectively. The investigation includes high efficiency of UAVs and more reliability than previous with strong security options. A recent report of Navigant Research manifests that the global annual DRTD revenue is expected to total nearly $16.2Bn from2015 to 2014..The report incorporates that the industry’s economic development relies on the stability and reliability of their of T&D systems. The system’s rapid improvement in interconnection across service territories mitigates all operational issues easily.

“Working on high- and medium-voltage T&D systems is difficult, expensive, and highly dangerous; in fact, a lineworker is considered one of the 10 most dangerous occupations in the United States,” adds McCray.

According to the Drones and Robotics for Utility Transmission and Distribution report, the analysis of global market for DRTD solutions  leans under five categories: multi-rotor UAVs, fixed wing UAVs, ground and line robotics, integration and analytics solutions, and inspection services. The report also delivers an overview of the market issues adding drivers, barriers and regulatory factors that are connected with DRTD solutions. It examines the core technologies related to UAVs and robotics, and also exhibits the forecasted revenue report of global market that is segmented by technology and region, through 2024.