Global Commercial Drone Regulatory Framework Growth Opportunities

The purpose of this study is to provide a general overview of the regulatory frameworks that shape the commercial drone industry and how global events have impacted the evolution of these regulations in the last few years. Mandatory use of remote ID technology on drone platforms is one of the primary regulatory changes. Drone manufacturers in the largest markets are required to implement remote ID features on their platforms, while end users have to register their systems and themselves with local authorities. However, drone users have not been able to fully leverage the technology because regulators have not been able to keep up with the advancement of drone systems. On the other hand, regulators encourage the adoption of unmanned systems, including drones, as a result of many commercial sectors looking for environmentally friendly solutions. This is also being pushed by public opinion that has now become largely favorable toward the use of drones because of their role in carrying out contactless deliveries during the pandemic. Besides discussing drivers, restraints, and developments in the commercial drone s largest markets, that analysis also covers ways in which industry participants can leverage these developments and adapt to the ever-changing drone regulatory framework.