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Commercial Drones Market to be Spurred by Low Maintenance and Operational Costs of Drone Units

Article Description

Commercial drones or unmanned aerial vehicles (UAVs) have undergone huge mechanical improvements and the commercial drones market has witnessed new product introductions in recent years. Commercial
drones are greatly energy-efficient and have impressively lower operating expenses when compared with manned aircraft vehicles. They have been utilized as
a part of various applications, particularly in the field of agriculture, since the 1980s.

The Association for Unmanned Vehicle Systems International (AUVSI) gauges that commercial drones could inject nearly US$14 billion into the U.S. economy
between 2015 and 2018, and create more than 100,000 new jobs in the next 10 years. The unmanned aerial systems (UAS) market, valued at $609 million in
2014, is estimated to reach US$4.8 billion by 2021.

Commercial Drones: Applications, Drivers and Restraints

Commercial drones can move and effectively carry out aerial exercises utilizing their navigation systems, which are included in the drone units. Furnished
with top-quality cameras, commercial drones are utilized for various applications such as inspection, mapping, surveillance, or package delivery. Because
of their capacity to offer precise mapping and surveillance operations, commercial drones are being used in numerous consumer and commercial applications.
They are particularly utilized as a part of remote aerial surveying and SWAT operations.

UAVs available in the market have advanced because of technical progressions in drone units, their smooth and simple working systems, and low upkeep and
operation costs. Commercial drones are available in diverse sizes and can be controlled either by a remote control from a vehicle or directly by an onboard
computer. The commercial drones market is almost guaranteed to grow, due to the excellent visualization capabilities provided by these systems.
Visualization incorporates mapping, investigation, package delivery, and surveillance from the air. Unmanned aircraft with cameras have the capacity to do
things that aren’t possible in any other way and this makes the market extremely appealing for several end users.

Even though commercial drones are poised to become a huge worldwide business by 2021, there are a few elements limiting the development in this market.
These incorporate the rising concern toward security, safety, and privacy alongside rigid government regulations.

AeroVironment: A Disruptor in the Commercial Drones Segment

AeroVironment is the major commercial drone organization and the first to fly such drones over land. As of late, British Petroleum (BP) chose
AeroVironment’s Puma AE drones for leading operations like 3-D mapping in the harsh environments of Alaska. Other noticeable drone companies, such as,
Lockheed Martin and Northrop Grumman have likewise caught the commercial drones market with their important portfolio of drone products. Few of the drones
as of late presented by Lockheed Martin are RQ-170 Sentinel, Fury, Indago, and K-MAX.

The commercial drones have been in high demand in fields, such as, law enforcement, manufacturing, military, sports, media and entertainment, scientific
research, energy and power, and infrastructure. The oil and gas industry, utilities, border patrol, police departments, and defense industry are among
significant fields utilizing commercial drones for numerous purposes. Japan and Australia have been utilizing drones in agriculture since the 1980s.

Browse the full Global Commercial Drones Market report at