(Source: ValueWalk)
From Amazon.com, to Facebook, Google, and Alibaba, drones are quickly turning into the next big thing. While unmanned aircraft are currently just niche products, applications for them in all parts of life are being explored. One day drones will probably be a part of everyone’s daily lives.
In a report dated Feb. 11, Nomura Holdings, Inc. ( analysts Leping Huang, Ph.D., David Hao and Rex Wu shared their views on the opportunities that will be available in the civil drone market. They believe today’s drones fall into the category GoPro’s active video cameras once did.
They also think that just as GoPro’s cameras are becoming ultra-popular outside of their niche, so civil drones will be one day as well.
Where can civil drones be used?
The Nomura team sees numerous applications for civil drones and notes that many industries are already using them. Of course drones were first used by the military, but civil drones are quite a bit different. All images in this article are courtesy Nomura (additional credits listed on images where applicable).
The analysts say that currently the drone industry is seeing strong demand in several areas. For example, they’re being used in recreation, especially in Hollywood for filmmaking. Drones are also being used by BP for oil and gas inspections and to send humanitarian aid into areas in need of relief.
Google and Facebook have also been making headlines with their innovations in the world of drones. Google has been testing delivery drones for its Project Wing, putting it in direct competition with Amazon, which has also been testing its own delivery drones. Amazon is now on its 11th generation drone for its Prime Air delivery service. Chinese e-commerce giant is in the process of trying out delivery drones as well.
There have also been reports that Google is building a robot army of sorts. Also Facebook management has talked about using drones to deliver Wi-Fi internet access to parts of the world that currently don’t have access.
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Alan is serial entrepreneur, active angel investor, and a drone enthusiast. He co-founded DRONELIFE.com to address the emerging commercial market for drones and drone technology. Prior to DRONELIFE.com, Alan co-founded Where.com, ThinkingScreen Media, and Nurse.com. Recently, Alan has co-founded Crowditz.com, a leader in Equity Crowdfunding Data, Analytics, and Insights. Alan can be reached at alan(at)dronelife.com
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