Asia Pacific Oil & Gas Drones Market Report 2016-2020 - Increasing Safety Norms in Oil & Gas Industry

Feb 25, 2016, 14:10 ET from Research and Markets

DUBLIN, Feb. 25, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/t6fz96/asia_pacific_oil) has announced the addition of the "Asia Pacific Oil & Gas Drones Market - Growth, Trends and Forecasts (2015-2020)" report to their offering.

This market is driven by a number of factors, such as the Increasing safety norms in Oil & Gas Industry, the fall in Oil Prices and volatility expected to continue, the cost advantage to the Oil & Gas companies. However, this market faces certain drawbacks, such as the Federal regulations limiting the usage to line-of-sight, the Lack of Technological advancements for processing the raw data. These factors may act as a roadblock to the growth of the market.

This market can be broadly segmented into Fixed wing, Rotary Blades, Quad Rotor, Nano and Hybrid Drones. This technology has applications in a variety of markets such as Agriculture, Construction, Infrastructure, Utilities, Mining, Inspection, Surveying, Cinematography, Law Enforcement and Oil & Gas. Market study indicates that the usage is bound to increase multi-fold in the Oil & Gas Industry. This is due to the revolutionary nature of drones to source huge amount of information in negligible period.

The market has been geographically segmented into China, India and the Rest of Asia. The growing Oil & Gas activity across all its streams in APAC has made this region an area of immense potential and opportunities. However, the usage of drones is relatively new to the leaders which could hinder the intensity of usage in this area.

The major companies dominating this market in the Oil & Gas Sector for its products, services, and continuous product developments are Sky Futures, Insitu, Northrop Gumman, AeroVironment, Altavian, ING Robotic Aviation, Draganflyer, AeroVironment, Aerovel, BAE Systems, Finmeccanica, etc,. Lockheed Martin and Textron are driving the innovation in this field.

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Drivers, Constraints & Opportunities

5. Oil & Gas Drones Industry Value Chain Analysis

6. Porter's Five Force Analysis

7. Asia Pacific Oil & Gas Drones Market Segmentation, by Geography

8. Oil & Gas Drones Market Segmentation, by Type

9. Key Company Analysis

10. Competitive Landscape

11. Appendix

Companies Mentioned

- Lockheed martin

- Textron

- Insitu

- Draganflyer

- AeroVironment

- SKY Futures

- Altavian

- BAE Systems

- ASN Technologies

- Finmeccanica

- Proxy Technologies

For more information visit http://www.researchandmarkets.com/research/t6fz96/asia_pacific_oil

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