ICYMI: Top Energy Drone & Robotics Stories for 2024…So Far
/2024 has already been a big year for drones and robots in the energy industry. Let’s take a look at the top stories from Energy Drone & Robots and reflect on the pace of change in our sector.
Drones and AI
The latest hot couple everyone’s keeping an eye on? Drones and AI. This powerful combination is reshaping traditional practices and opening up new possibilities. As machine learning technology advances, the application for drones in energy is undergoing a radical transformation.
Read the full article to see what will bring drone/AI success, how the utility industry is using drones and AI, and other drone/AI applications in the real world.
North American Drone Market
Drone Industry Insights put out a snapshot of the North American drone market, covering Canada, the U.S., and Mexico and their use of drones. Some highlights:
The North American drone market is forecast to surpass $12.2 billion by 2030
The market is dominated by small and medium-sized enterprises (SMEs), with almost 80% of companies having fewer than 50 employees
40% of companies in the market are drone service providers
Approximately 15% of companies focus on hardware
Challenges include regulation, public acceptance, domestic politics, and inflation
All this, and the market is experiencing increased optimism, with confidence levels rising from 6.3 in 2022 to 7.2 in 2023, surpassing the global average.
ExxonMobil Methane Emissions Reduction
ExxonMobil released its 2024 Advancing Climate Solutions Report in which it describes the company’s efforts in decreasing emissions across their operations and the industry.
The company has undertaken a multifaceted approach to reduce emissions across its operations. Leveraging advanced technology like infrared cameras, drones, and satellite-based systems, ExxonMobil aims to enhance detection and monitoring of methane leaks efficiently and accurately.
Reality Capture
Reality capture refers to the process of collecting and processing data from the physical world to create accurate digital representations of objects, environments, or landscapes.
The ability to create accurate digital twins of real-world objects and environments has the potential to revolutionize how we interact with and manage the physical world. Reality capture is being used across the energy industry for asset management, safety, sustainability, and more.
Read the full article to learn about reality capture and its applications in energy.
That’s a wrap-up of the top Energy Drone & Robotics stories from 2024 so far. Do you have a topic we should cover? Send it to editor@stonefortgroup.com.