Drone Inspection ROI Calculator
Compare cost savings, time savings, and safety improvements of drone inspections vs. traditional methods like scaffolding, rope access, or bucket trucks.
Inputs
Results
Annual cost savings ($)
$131,267.00
≈ 9 used cars
How to Use This Calculator
- Enter the number of inspections per year and traditional cost and hours per inspection.
- Set drone cost per inspection and drone hours per inspection.
- Enter total drone equipment cost (drone, sensors, software) for the ROI payback calculation.
- Review annual cost savings, savings percentage, and payback period for the drone program.
- Document safety improvements and risk reduction separately — they add significant non-financial ROI.
How the result changes with Inspections per year
| Inspections per year | Annual cost savings ($) |
|---|---|
| 501 | $1,439,167.00 |
| 1,751 | $5,064,167.00 |
| 3,250 | $9,411,267.00 |
| 4,500 | $13,036,267.00 |
What each input means
- Inspections per year
- Total number of inspections your organization performs annually.
- Traditional cost/inspection ($)
- Average cost per inspection using scaffolding, rope access, or bucket trucks.
- Traditional hours/inspection
- Average time for a traditional inspection including setup.
- Drone cost/inspection ($)
- Per-inspection cost for drone pilot labor and consumables.
- Drone hours/inspection
- Average time for a drone-based inspection including setup.
- Drone equipment cost ($)
- Total cost for drone, cameras, batteries, and accessories.
- Equipment life (years)
- Expected useful life of drone equipment.
- Annual insurance ($)
- Annual drone hull and liability insurance.
- Annual training ($)
- Annual Part 107 training and certification costs.
- Traditional incident rate (%)
- Probability of a safety incident per traditional inspection.
- Avg incident cost ($)
- Average cost of a workplace safety incident (medical, lost time, OSHA).
What each result means
- Annual cost savings ($)
- Net annual savings from switching to drone inspections.
- Cost savings (%)
- Percentage reduction in annual inspection costs.
- Traditional annual cost ($)
- Total annual cost of traditional inspection methods.
- Drone annual cost ($)
- Total annual cost of drone inspection program.
- Annual time saved (hrs)
- Hours saved per year using drones.
- Time savings (%)
- Percentage reduction in inspection time.
- Payback period (months)
- Months to recoup initial equipment investment.
- 3-year ROI (%)
- Return on investment over 3 years.
- Safety risk reduction (%)
- Estimated reduction in safety incident risk.
- Fully-loaded drone cost/inspection ($)
- Average cost per drone inspection including equipment amortization.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersInspections per year = 50, Traditional cost/inspection ($) = 2500, Traditional hours/inspection = 8, Drone cost/inspection ($) = 500 = 11 input(s) provided
- Calculate Annual cost savingsAnnual cost savings = traditionalTotalAnnual - droneTotalAnnual131267 = $131,267
- Calculate Cost savingsCost savings = traditionalTotalAnnual > 075 = 75%
- Calculate Traditional annual costTraditional annual cost = traditionalLaborCost + traditionalIncidentCost175000 = $175,000
Engine last updated .
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