Drones Market - Overview
Drones or Unmanned Arial Vehicles (UAV) are a type of aircraft that is controlled by pilots remotely. These aircraft can be programmed for specific and critical missions. These drones provide ultimate accuracy and help to complete the mission with minimum error and lesser damage to human lives. Drones play very important role in the defence sector of any country, as it can give optimum result without loss of human life. Draganfly showcased the new drone for law enforcement agencies in US. Technological advancement in the defence sector is driving the market. Aurora Flight announced launch of world’s fastest 3D printed drone is ready for flight. This drones can reach speed of 150MPH.
January 2018, Drone deliveries: Tech giants using Australia as a drone testbed, including Google’s Project Wing. Alphabet’s research and development facility, formerly known as Google X, launched two commercial drone delivery trials in Australia. The trials, as part of the company’s Project Wing, have seen deliveries of Guzman y Gomez Mexican food and healthcare and over-the-counter medicine from Chemist Warehouse delivered to residents in Queanbeyan, New South Wales, and Canberra.
January 2018, Indian Railways to go hi-tech, will soon use drones for crowd management at stations. Indian Railways is all set to get eyes in the sky as it prepares to launch drones over stations across the country in a bid to regulate passengers. The drones are expected to help officials control crowds at railway stations better - especially during festival seasons when major cities see a rise in footfall. The bird's eye view will help in better regulation of people and identify potentially dangerous situations in and around stations in the country. A trial has already been completed and Railways has put these machines to use in three divisions in Jabalpur
December 2017, US Military tests system for on-demand 3D-printed drones. The US Army is partnering with the Marine Corps on a test project that lets troops 3D-print particular drone parts from a tablet-based catalog, which could eventually lead to manufacturing UAVs customized to the mission. The software catalog setup lets military units print out an unmanned aircraft system for specific missions. The Army Research Laboratory expects the turnaround time to create UAV parts to be anywhere from minutes to hours, rather than days or weeks.
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Drones Market Global Market - Segmentation
Segmentation by Drones Type: very small drones, small drones, medium drones, and large drones
Segmentation by Applications: Aerospace and defence, agriculture, transportation, inspection and monitoring, media and entertainment, government.
Drones Market Global Market - Regional Analysis
North America is dominating the market of Drones. The main reason behind this is investment of government in defence sector. Europe stands as second biggest market. PwC has launched a UK drone team as it eyes increasing demand from investors, local authorities and companies for real-time data that can be more easily obtained by unmanned flight systems than by humans. Asia-Pacific stands as third biggest market for Drones. UK firm building autonomous drone which will get you from Heathrow to central London in 12 minutes. The Shenzhen-based drone maker, DJI is currently the world’s top seller of consumer drones, with a global market share of 70%