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Statistically by how much is the civil drone industry expected to grow in the next 10 years?
The growth rate of the civil drone market since 2010 has been significant and has exceeded many of the predictions made at the time. In the early years drones were primarily used for military and research applications, and the market for consumer and commercial drones was in its infancy.
Over the past decade, advances in technology and a growing interest in drones have driven rapid growth in the market. The drone market has grown at a much faster rate than many experts predicted, with the global drone market estimated to have grown by over 20% per year between 2010 and 2020.
This rapid growth has been driven by a number of factors including advances in drone technology and growing demand for drones in industries, such as agriculture, delivery, construction, public safety, and inspections. We also can’t forget about the growing interest in drone racing and other drone-based entertainment activities. The growth in the drone market has been so significant that it has outpaced many of the predictions made in the early 2010’s and has established UAS as a major player in the technology and aviation industries.
The civil drone industry is expected to experience significant growth in the next decade again. According to various market research reports, the global drone market is estimated to grow at a compound annual growth rate (CAGR) of around 15-20% between 2021 and 2030.
Various industries are expected to drive the growth of the civil drone market over the next decade. Drones are becoming increasingly popular in agriculture for tasks such as crop monitoring and mapping, precision spraying, and crop inspection. In the delivery industry, drones are being used for package delivery and other logistics applications. Their popularity is expected to increase as the technology improves and delivery infrastructure is developed.
In the construction industry drones are being used for tasks such as site surveying, mapping, and inspection, progress and accountability reporting, volumetric material measuring, safety compliance, and much more. Unmanned Aerial Systems are expected to play an even larger role in the industry as their capabilities continue to expand. The inspection industry, which includes industries such as energy, oil and gas, and telecommunications are also expected to be a significant growth area for drones as they can perform inspections more quickly, safely, and efficiently than traditional methods.
Finally, the drone racing and entertainment industry is expected to continue to grow, as drone technology improves and the public becomes more familiar with drones. This industry is expected to drive innovation in drone technology and promote further growth in the overall drone market.
Here are 10 advantages of using drones over traditional methods:
1 Speed: Drones can quickly cover large areas and collect data in real-time, reducing the time required for inspections, surveys, and mapping.
2 Efficiency: Drones can access hard-to-reach areas that are difficult or impossible for humans to reach, increasing efficiency and reducing the risk of injury or damage.
3 Cost Effectiveness: Drones can be less expensive than traditional methods, especially for large-scale projects, as they do not require as much labor or specialized equipment.
4 Safety: Drones can be used in hazardous or dangerous environments, reducing the risk to human life and reducing the cost of safety equipment.
5 Precision: Drones equipped with high-resolution cameras and sensors can provide precise data, improving the accuracy of inspections, surveys, and mapping.
6 Flexibility: Drones can be easily programmed to fly specific routes or patterns, allowing for customization and flexibility in data collection.
7 Scalability: Drones can be used for small-scale or large-scale projects, making them a versatile tool for different types of applications.
8 Reduced human error: Drones can be programmed to fly specific routes, reducing the risk of human error and increasing the accuracy of data collection.
9 Reduced environmental impact: Drones can reduce the need for ground-based inspections, reducing the impact on the environment and preserving natural resources.
10 Improved data quality: Drones can collect high-quality data in real-time, providing improved information for decision making and reducing the need for follow-up inspections.