Drones: A Tech Growth Market

A look at the explosive growth in consumer drones sales in the United States since 2013.

Drones have become an increasingly popular technology in recent years, with a growing range of applications in fields like aerial photography, surveying and mapping, agriculture, and even delivery services. Here are some reasons why drones are considered a tech growth market:

Increasing Demand

As the number of commercial and recreational drone users grows, the demand for drones is also increasing. Companies are using drones for tasks like inspecting infrastructure, monitoring crops, and delivering packages, while individuals are using them for photography and videography.

Technological Advancements

Drones are becoming more advanced and sophisticated, with features like obstacle avoidance, longer battery life, and improved stability and control. As drone technology improves, it is opening up new applications and use cases for drones.

Investment and Funding

There is significant investment and funding being directed towards drone companies and technology. This includes venture capital funding, government grants, and investment from large tech companies like Amazon and Google.

Regulations

Regulations around drones are becoming clearer and more defined, which is helping to increase the adoption of drones in various industries. For example, the FAA in the US has established rules for commercial drone use, including requirements for pilot certification and safety protocols.

Cost-Effectiveness

Drones can be a cost-effective alternative to traditional methods for tasks like aerial photography and surveying, which often require the use of helicopters or planes.

Overall, drones are a tech growth market with a growing range of applications and increasing demand. As technology continues to improve and regulations become more established, we can expect to see even more innovation and growth in the drone industry.

by Dyfed Loesche (Statista)

Since December 2015, Americans had to register drones that weighed more than 0.55 pounds, which in practice meant that nearly all consumer drones had to go official. Now a federal court has ruled in favor of a model aircraft enthusiast. In February 2016, he took the Federal Aviation Administration (FAA) to court in Washington.

The judge decided in favor of dropping the registration rules, so personal drones won't have to be registered anymore. As our infographic shows, even with the rule in place, it didn't seem to hamper the proliferation of these unmanned aerial vehicles (UAV), to use the technical FAA term.

Sales of consumer drones to dealers in the U.S. from 2013 to 2017 (in million USD)

Drones: A Tech Growth Market

Personal Tech & Gadgets "Drones: A Tech Growth Market"

 

 

 

 

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