The Total Market for Drones and Robotics for Transmission and Distribution Is Expected to Exceed $13 Billion by 2026

To overcome regulatory barriers, utilities must continue to deploy pilot programs demonstrating the benefits of these technologies

A new report from Navigant Research examines the use of drones and robotics for electric transmission and distribution (DRTD) operations, with global market forecasts for revenue, broken out by technology, application segment, and region, through 2026.

Drones and robotics technologies have the potential to revolutionize the way utilities interact with their transmission and distribution (T&D) assets and collect critical data. As pilot programs continue to drive regulatory change, and as emerging technologies advance, Navigant Research forecasts exponential growth in the hardware, software, and services segments of the drones and robotics for transmission and distribution (DRTD) market. Click to tweet: According to a new report from @NavigantRSRCH, the total market for all DRTD segments is expected to reach $13.2 billion by 2026.

“Navigant Research has identified three core drivers for change in utility operations: speed, savings, and safety,” says Michael Hartnack, research analyst with Navigant Research. “Robotics technology has the potential to deliver significant gains in all three of these areas, primarily via ground-based, line-suspended, and aerial (drones and unmanned aerial vehicles, or UAVs) innovations.”

According to the report, utilities should continue to deploy pilot programs that demonstrate the benefits of DTRD technology, as every successful pilot program leads to the creation of many more. The prevalence of these programs is expected to help to overcome the regulatory barriers slowing the market and eventually drive significant growth.

The report, Drones and Robotics for Transmission and Distribution Operations, analyzes the drivers, barriers, and regional and global trends affecting the deployment of robotics technology in electric T&D operations. The study outlines the financial, reliability, and efficiency market drivers for robotics technology while highlighting the technical and regulatory challenges that suppress its short-term penetration. Global market forecasts for DRTD revenue, broken out by technology and application segment and region, extend through 2026. The report also examines the key technologies related to robotics in utility operations, as well as the competitive landscape. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

+1.781.270.8456

lindsay.funicello.paul@navigant.com

* The information contained in this press release concerning the report, Drones and Robotics for Transmission and Distribution Operations, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

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