Drones are the key technology of the coming two decades. They are used in many different aspects of industry, and commercial use of this technology has never been higher. IDTechEx predicts that the drone market will reach $22Bn+ by 2041, attributed in part to this wide range of use cases, in its market research report - "Drone Market and Industries 2021-2041". This article aims to provide you with an understanding and insight into this market.
There has been an increase in drone investment over the past 4-5 years at the time of writing. There have been increases in hardware, particularly from 2018-2019, as capabilities in analytical software and machine learning lead to wider use cases and adoption of drone hardware. Furthermore, with drone technology being accessible to the general public, there has been an increase in investment around consumer drones and lower price point products.
With this increase in investment comes a wide range of products. Different drones have different applications. Rotary drones are typically more of an efficient design for smaller drone sizes. With four fixed-pitch props, there are few moving parts and thus reducing the cost of the drone. However, this design does not scale up very well. As a result of this, fixed-wing drones are typically used for longer distances, where less dynamic handling is required. Use cases include surveying or mapping, where the drone can follow a fixed path and map a large area whilst remaining in the VLOS of the drone pilot.
Continue reading: https://www.idtechex.com/en/research-article/drone-technology-the-biggest-disruptive-technology-of-the-next-decade/24712
There has been an increase in drone investment over the past 4-5 years at the time of writing. There have been increases in hardware, particularly from 2018-2019, as capabilities in analytical software and machine learning lead to wider use cases and adoption of drone hardware. Furthermore, with drone technology being accessible to the general public, there has been an increase in investment around consumer drones and lower price point products.
With this increase in investment comes a wide range of products. Different drones have different applications. Rotary drones are typically more of an efficient design for smaller drone sizes. With four fixed-pitch props, there are few moving parts and thus reducing the cost of the drone. However, this design does not scale up very well. As a result of this, fixed-wing drones are typically used for longer distances, where less dynamic handling is required. Use cases include surveying or mapping, where the drone can follow a fixed path and map a large area whilst remaining in the VLOS of the drone pilot.
Continue reading: https://www.idtechex.com/en/research-article/drone-technology-the-biggest-disruptive-technology-of-the-next-decade/24712
