Absolute Regulation Would Motivate The Growth Of UAV Market

Posted on: Feb-2019 | Electrical & Electronic

The drone industry will grow rapidly with increased use of drones in areas such as agriculture, mining, construction, resource exploration, and supervision. By 2018, drone companies have begun to expand their scope and determine the feasibility of a drone program by reorganizing their workflows and managing the data. This year, companies are expected to focus on their strategies and benefit from the operation that goes beyond the line of sight.

UAVs need drone operators in the ground and the conditions to become operators are quite stringent in most parts of the world. Most countries have adopted drone legislation that provides at least one pilot per UAV flight. The number of certified remote UAV operators is, therefore, an indicator of the direction the industry is following and the relevance of its potential. Last year, the number of drone operators registered and certified by the FAA doubled was reported to be more than 100,000.

The increase is mainly due to operators using drone programs rather than to amateur drone providers. This is indicative of the broader integration of the commercial UAV industry and is the driving force behind the growth of the UAV market.

The increasing use of drones around the world for personal purposes was a challenge for regulatory officials. Regulation is important to ensure public safety and standardize the emerging UAV market. The Chinese drone maker, DJI, has become the leading drone manufacturer and holds most of the UAV market. This year DJI focuses on research and development of its products and the mastery of the drone market would remain unmatched and undisputed in 2019.

Moreover, with the evolution of multiple startups dedicated to drone and UAVs, the global industry is expected to reach a new peak with the multiple applications in several sectors, mainly in defense.