In 2017, the drone industry marked a significant growth in drone sales as well as software licenses. This has created aggressive competition in the market, company layoffs, low entry barriers, and reorganizations and consolidations.
- Definition / Scope
- Market Overview
- Top Market Opportunities
- Market Drivers
- Market Restraints
- Industry Challenges
- Regulatory Trends
- Other Key Market Trends
- Market Size and Forecast
- Market Outlook
- Competitive Landscape
- Competitive Factors
- Key Market Players
- Strategic Conclusion
Definition / Scope
Drones are flying devices/ aircraft which can fly autonomously or be piloted by a remote individual. Drones can be used in different commercial sectors such as agriculture, real estate, architecture & construction, delivery, and media.
Drones have been widely used in agriculture practices through mapping and studying of crop data in agriculture, utilization of footage and images of a site to make the 3D rendering of structures in real estate market, for package delivery to customers from retail stores, and media coverage by journalists to capture news with aerial shots.
Kind of drone
- Military drones: Military drones generally fall into one of six categories. These include target and decoy, which provides “ground and aerial gunnery” on a target that’s similar to a standard missile. Other uses include reconnaissance, or battlefield intelligence, as well as research and development. Military drones are also used in combat when flying into enemy territory using human pilots is deemed too risky.
- Commercial drone: Commercial drone use extends far past the military to include farming, filmmaking, marketing, and delivery applications among many others. commercial drones are widely used in the commercial sector such as agriculture, real estate, architecture & construction, delivery, and media.
Types of drones on the basis of product types:
- Rotary Blade: Rotary blade drones are the most popular types of drones that are used by hobbyists and professionals. Common applications of rotary blade drone are varied but include aerial photography, video surveillance and surveying to name a few. Rotary blade drones can be further classified based on the number of rotors on the aerial platform. Tricopters have 3 rotors, quadcopters have 4 rotors, hexacopters have 6 rotors and octocopters have 8 rotors. Quadcopters are the most popular and widely used. Rotary blade Drones do have their downsides. The major constraint is the limited flying time, reduced endurance, and speed. They are not suited for long distance surveying applications, mapping, or inspection. The main issue here is that most of the energy, usually from a battery source, is used to maintain the drone in a stable flying position.
- Fixed Wing: Fixed wing drones are one of the types of drones that use the same principle that airplanes use to generate lift using a wing instead of the vertical thrust generating rotors. The vertical lift is generated as a consequence of the forward motion of the wing through the air, making this a more efficient way of generating vertical lift. Fixed wing drones are able to traverse long distances, map wider areas, and stay within close proximity over points of interest. Along with the greater thrust generating efficiency, fixed-wing drones are able to use gasoline powered engines. Due to the energy density of this type of fuel, gas-powered drones are able to stay in the air for over 15 hours. The main drawback of fixed-wing aircraft is their inability to loiter over one point of interest, which rules them out for taking aerial photos and videos. Launching and landing fixed-wing drones can also be problematic. To get them in the air, you need a runway or a catapult.
- Nano Drone: Most Nano and microdrones are designed for beginners who want to gain the necessary skills required in flying advanced drones. Both types are easy to operate, affordable, portable, and safe to fly indoors or outdoors. Their crashes are also not destructive. Nano drones are small, they can fit in your palm, and they are recommended for indoor flights.
- Hybrid: Drones that can take off and land vertically are being developed. These merge the benefits of fixed-wing UAVs with the ability to hover. some of these hybrid drone concepts are essentially fixed-wing designs with a vertical lift motor. Other designs are tail sitting aircraft that point vertically for takeoff before pitching over to fly horizontally. Further designs feature the rotor or the entire wing with propellers can point upwards for takeoff, and horizontally for forwarding flight.
Application of drones:
Agriculture: Digital and technological advancements enable farmers to make large improvements in their performance. On a small scale, it is important for an individual farmer to profitable. On a global scale, this ties into the problem of feeding an ever-increasing global population. These are the points that are important to farmers, Confirmation: Frequently checking that plants are growing at the rate expected, Early Detection: This is key to addressing plant health issues in order to limit the impacts, and provide time to implement a solution, Fertilizer Planning: Crops seldom grow evenly, and distrusting fertilizer based on plant health, instead of spreading evenly and reduce costs.Drones are also starting to be used to apply nutrients and pesticides to plants, instead of using workers on foot, or tractors. Aerial spraying is much faster and cheaper than using traditional methods, such as tractors.
Photography: One most common use of advanced camera-carrying drone units is to capture media coverage from inaccessible locations. Earlier, only big news industries were able to capture critical shots due as they were able to afford helicopters. But today almost all small-scale media houses and local journalists are able to capture crystal clear air footage for impressive news coverage.
Rescue operation: Drones these days are equipped with thermal sensors so they are able to locate the position of lost persons. They are also able to work in dark and inside a challenging terrain. The search and rescue operations were suffering a lot from long time due to lack of technology but now drones can make everything possible within few minutes.
Package delivery: As advanced drone units are capable enough to carry heavy payloads so they can be now utilized for shipping and delivery applications. It will help people get instant service for their requested products at the doorstep and the best part is it will not be stuck anywhere in road jam.
Engineering: Most of the engineering firms these days are utilizing drone technology to monitor their in-depth projects like transmission cables, oil pipelines and maintenance inspections.
Mapping: Engineering industry that deals with infrastructure projects, airport planning tasks, maintenance and construction activities. Drones are capable enough to perform surveys with increased efficiency.
Surveillance: These tiny devices can help people to achieve success in public safety and crowd surveillance. Drones are capable enough to report criminal activities in large gatherings. They also find applications in careful monitoring at border areas so that drugs and migrant smugglers can be easily captured.