Looking past COVID-19, new regulatory changes and the slow
rollout of remote ID and 5G will enable an enormous upscaling of
drone operations
LONDON, Oct. 1, 2020 /PRNewswire/ -- The small
Unmanned Aerial System (sUAS) market continues to develop at an
impressive pace and is unmarred by the challenges of COVID-19.
Global tech market advisory firm, ABI Research, predicts
strong growth of the industry worth US$92
billion by 2030. While the pandemic has dented consumer
shipments and hindered commercial rollout, this has been mitigated
by increased use of drones for public service responses and
surveillance by both local and national police forces. Looking
forward, new regulatory changes and the slow rollout of remote ID
and 5G will enable an enormous upscaling of drone operations, from
single remotely operated aircraft to semi-autonomous fleets that
will be able to operate beyond visual line of sight courtesy of
impending unmanned traffic management (UTM) infrastructure. This
will provide the base from which companies like Amazon can launch
drone delivery services.
"We have gone through various phases of the drone industry, from
its genesis in the military, to the proliferation of consumer
drones. Since Chinese developer DJI monopolized that space, the
attention has shifted to commercial applications," explains
Rian Whitton, Senior Robotics
Analyst at ABI Research. "While some of the initial hype has
subsided, providers and end users are refocusing on developing the
necessary supporting infrastructure and services to make drone
technology viable at scale."
Overall, the drone market is set to be worth US$92 billion by 2030, with a CAGR rate of 25%
over the US$9.5 billion in annual
revenue for 2020. Of this revenue, 70% is in the commercial sector
(US$63 billion). The largest number
of drone registrations are currently in the United States, where the Federal Aviation
Authority (FAA) tracks 1.7 million consumer drone pilots and
400,000 commercial operators. China is catching up with 400,000 registered
drones, while the European Union (EU) has over 1 million
registrants. Among the biggest markets are security and industrial
inspection, with growing opportunities in delivery, agriculture,
and emergency services.
With their involvement in the public response to the pandemic,
drone companies highlighted their value. Now, the story of the next
decade will be the development of key technologies like edge
computing, cloud services and 5G connectivity enabling mass
deployments, in tandem with regulatory harmonization. "While cloud
services will help enable the collection and orchestration of
massive amounts of data, 5G will significantly reduce latency for
mission-critical drone operations. The advancement of edge
computing and processing hardware will also be important, as drones
can be untethered from remote operation and become truly
autonomous," Whitton concludes.
These findings are from ABI Research's Small Unmanned Aerial
Systems: Annual Update application analysis report. This
report is part of the company's Industrial, Commercial and
Collaborative Robotics research service, which includes
research, data, and analyst insights. Based on extensive primary
interviews, Application Analysis reports present in-depth
analysis on key market trends and factors for a specific
application, which could focus on an individual market or
geography.
About ABI Research
ABI Research provides strategic
guidance to visionaries, delivering actionable intelligence on the
transformative technologies that are dramatically reshaping
industries, economies, and workforces across the world. ABI
Research's global team of analysts publish groundbreaking studies
often years ahead of other technology advisory firms, empowering
our clients to stay ahead of their markets and their
competitors.
ABI
Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。
For more information about ABI Research's services, contact us
at +1.516.624.2500 in the Americas, +44.203.326.0140 in
Europe, +65.6592.0290 in
Asia-Pacific or
visit www.abiresearch.com.
Contact
Info:
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Deborah Petrara
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