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The market for commercial unmanned aerial systems (UAS), or commercial drones, continues to evolve. While several factors, including the relatively slow progress global regulatory agencies have achieved integrating small drones into national airspaces, are hindering the market’s growth. Advances in technology and software are enabling drones to be used in an increasingly wide array of applications while providing intelligence for business decision making in shorter time periods. In addition, many businesses have now been using drones long enough to have developed best practices that have allowed them to implement new or unique procedures and/or data analytics solutions that produce the maximum utility from drone-collected intelligence. This maturation is necessary for the market to achieve sustained growth.
The total commercial UAS market size was developed from historical data related to small drone sales, average prices, and regional demand. Several additional inputs, including survey results, information from primary interviews of industry participants, and current and forecast sales trends from top competitors were included to develop a feasible platform market forecast removed from the hype of the initial bloated market estimates promoted by several research services. Estimates and competitive landscape information includes:
The goal of this report is to provide an outlook of the commercial UAS market for 2019 and beyond, to include discussions of global and regional platform demand, technology trends, market trends, growth opportunities within the market, and key technologies and developments that are likely to affect, and even drive, the future ecosystem.
Key Issues Addressed
This outlook also contains a number of market predictions based on an evaluation of current and expected trends. These predictions were made after consulting with over a dozen industry insiders and included discussions with several of the top of competitors in the commercial drone services market.
Author: Michael Blades
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