Market research firm Gartner is projecting that almost 3 million drones are expected will be shipped this year with overall revenue expected to be ~$6 billion, an increase of 34%. They estimate the market in 2020 could be over $11.2 billion by 2020, Gartner said. "While the civil markets (personal and commercial) have been wading through regulation by various … [Read more...] about Gartner Predicts ~3 million drones to be shipped in 2017
Commentary
Will Trump’s Freeze on Regulations Delay Growth of the Commercial Drone Industry?
This past week the Trump administration issued an executive order that requires the government to eliminate two regulations for every new regulation it passes. The goal, one would assume, is to help cut down on government bureaucracy. But will it have unintended consequences? Lisa Ellman, chair of the Unmanned Aircraft Systems (UAS) Group for Hogan Lovells, an international law … [Read more...] about Will Trump’s Freeze on Regulations Delay Growth of the Commercial Drone Industry?
Orlando’s Drone Ordinance: Safety, or Just Confusion?
News and Commentary. The city of Orlando has just passed a new drone ordinance - and it is one of the most restrictive on the books. But does Orlando's new ordinance really contribute to safety, or just create more confusion for commercial and recreational drone operators alike? Orlando’s Ordinance no. 2016-87 clearly makes an effort to sound encouraging to drone … [Read more...] about Orlando’s Drone Ordinance: Safety, or Just Confusion?
Challenges on the Horizon for the Consumer Drone Industry
Looking back at the progress the consumer drone industry made in 2016, it’s easy to imagine that 2017 will be packed with revelatory product announcements and further strides forward. However, another bumper 18 months of consumer drone innovation seems unlikely at this point. Here’s why… Let’s begin by concentrating on consumer industry leader DJI. Last year alone, DJI … [Read more...] about Challenges on the Horizon for the Consumer Drone Industry
When Crowdfunding Fails – What Can the Drone Industry Learn?
It's becoming a familiar news story in the drone industry: 'Successful Crowdfunding Campaign Ends in Disappointment.' You've probably heard about one that fits the description. And it always seems to unfold the same way. First, the startup in question will raise a huge amount of publicity and cash on the back of an innovative vision. It's marketed well, big promises are made, … [Read more...] about When Crowdfunding Fails – What Can the Drone Industry Learn?