As we live in the ‘new normal’, the technology around us is fast transforming the world beyond our anticipation. While technological developments have been evolving for years now, COVID 19 further accelerated the process. The pandemic pushed people and businesses to adopt new ways to do things and reoriented their behaviors. The outbreak increased the usage of contactless technologies, which are is revolutionizing every aspect of our life, from payments and food delivery to health care.
Drones or unmanned aerial vehicles (UAV) are robots that can fly autonomously under their embedded systems which uses remote sensing, software development, GPS etc. Such amalgamation promises a great future for extensive use of drones in providing services especially in areas that are remote or cannot have humans serving physically. They had been in the nascent stage up until now, however, mass adoption of such services will see a huge uptick in the future. Increased work efficiency and productivity, decreased production costs, improved accuracy, refined service, better customer relations and security are a few major advantages that drones offer industries globally.
According to the Drone Industry Insights Report 2020, the worldwide drone industry is predicted to increase at a 13.8 percent CAGR to $42.8 billion by 2025. With Ministry of Civil Aviation updating the Drone Rules 2021, efforts are to make India a global drone hub by 2030. By 2025, India is anticipated to be the world’s third-largest drone market, according to the results. The unmanned aerial vehicle market in India is expected to grow at a CAGR of 20.9% between 2020 and 2026 which further gives us an estimate on the investments from industrial conglomerates, chip companies, IT consulting firms, etc.
Continue reading: https://timesofindia.indiatimes.com/blogs/voices/drones-are-the-future-air-we-ready/
Drones or unmanned aerial vehicles (UAV) are robots that can fly autonomously under their embedded systems which uses remote sensing, software development, GPS etc. Such amalgamation promises a great future for extensive use of drones in providing services especially in areas that are remote or cannot have humans serving physically. They had been in the nascent stage up until now, however, mass adoption of such services will see a huge uptick in the future. Increased work efficiency and productivity, decreased production costs, improved accuracy, refined service, better customer relations and security are a few major advantages that drones offer industries globally.
According to the Drone Industry Insights Report 2020, the worldwide drone industry is predicted to increase at a 13.8 percent CAGR to $42.8 billion by 2025. With Ministry of Civil Aviation updating the Drone Rules 2021, efforts are to make India a global drone hub by 2030. By 2025, India is anticipated to be the world’s third-largest drone market, according to the results. The unmanned aerial vehicle market in India is expected to grow at a CAGR of 20.9% between 2020 and 2026 which further gives us an estimate on the investments from industrial conglomerates, chip companies, IT consulting firms, etc.
Continue reading: https://timesofindia.indiatimes.com/blogs/voices/drones-are-the-future-air-we-ready/
