Future of the Drone Industry

The global drone market is anticipated to witness significant growth in the coming years owing to increasing use of drones for commercial and defense purposes. Drone is a flying robot that is controlled using remote control or self-automation software. It is also known as an unmanned aerial vehicle (UAV) owing to its ability to fly long distances without a human pilot aboard. Initially, they were used in military operations as a cheaper and safer alternative to manned aircraft. Now, they are extensively used for commercial and entertainment purposes.

Rising demand for aerial services in the agriculture and defense sectors can augment market growth in the coming years. Increasing R&D investments by manufacturing companies to develop advanced unmanned vehicles and widen their application scope can stimulate growth of market. Relaxed policies by governments across the globe on the use of UAVs is anticipated to propel market growth in coming years. Increasing use of unmanned aerial vehicles for fire-fighting, traffic monitoring, search and rescue operations, photography, and delivery purposes can spur product demand across the globe.