Despite a slowdown in the consumer drone market over the past few years, new research shows the COVID-19 pandemic may fuel modest interest. Earlier this month, drone research and consulting firm DroneAnalyst released two reports delving into the rise, fall and stagnation of the UAV consumer market DroneAnalyst research head and study author David Benowitz suggests … [Read more...] about Study: COVID-19 May Have Bumped Consumer Drone Market
Drone Market
This Segment of the Drone Industry is Predicted to Reach $1,419.5 Million by 2026
One of the most futuristic drone applications - passenger drones - is predicted to grow astronomically over the next 6 years, to reach a market size of $1,419.5 million by 2026. Polaris Market Research has released a new report that predicts the global passenger drone market to grow at a rate of almost 30% during the forecast period. ‘"Passenger Drones Market … [Read more...] about This Segment of the Drone Industry is Predicted to Reach $1,419.5 Million by 2026
African Drone Forum: Drones One Piece of a Much Bigger Technology Revolution in Africa
Ground-breaking drone programs abound in Africa, with applications including medical delivery, precision agriculture, flood management, and insect control. At the African Drone Forum today, it is clear that the goals of participating countries and companies are far greater than individual humanitarian projects, however valuable. African nations, including Drone Forum host … [Read more...] about African Drone Forum: Drones One Piece of a Much Bigger Technology Revolution in Africa
Passenger Drone Company Ehang Announces IPO
Passenger drone company Ehang has been fascinating the drone industry for years, since the company first introduced a passenger drone prototype at CES in January of 2016, after winning over $50 million in venture capital in 2015. In 2017, rumors of financial difficulties (which the company said were untrue) dogged Ehang - but in recent years, Ehang has scored a series of … [Read more...] about Passenger Drone Company Ehang Announces IPO
From the Floor at InterGeo: DRONEII’s Kay Wackwitz on Hype vs. Optimism in the Drone Industry
Kay Wackwitz, Founder and CEO of DRONEII, leading drone industry market consultants, says the hype around commercial drones is over - but that's a good thing. In a session on the floor of InterGeo in Stuttgart this morning, Wackwitz gave his summary of the deep market research that the firm produced for their industry whitepaper, the 2019 Drone Industry Barometer. (Read the … [Read more...] about From the Floor at InterGeo: DRONEII’s Kay Wackwitz on Hype vs. Optimism in the Drone Industry
