Commercial Drone Market and Demand Will Continue Growth

The commercial drone industry is heading all the way further up; its growth continues to amaze followers and observers alike.

 Downstream News presents in a recent article the findings of the 2019 report, “Drone Logistics and Transportation Market,” which analyzed the market dynamics as well as the factors involved in the continuing demand for commercial drone use. Here is an excerpt from the article, regarding market overview:

  • The drone logistics and transportation market (henceforth, referred to as the market studied) is anticipated to register a CAGR of over 20% during the forecast period.
  • The increasing use of unmanned aerial vehicles (UAVs) in commercial applications for faster delivery of goods is one of the major factors driving the growth of the drone logistics and transportation market.
  • Growing e-commerce market is fuelling the growth of the drone logistics and transportation market.
  • Eased regulations for the usage of drones for commercial purposes can be a great boost for the drone logistics and transportation market in the coming years.
Drones are no longer just for photography use.
Photo by Aaron Burden on Unsplash

Another area of drone industry growth is seen — in the drone navigation system market.

According to an article by Market Expert24, a report on the Drone Navigation System market has been put out by the IT Intelligence Markets. The report, the article says, analyzes data through the exploratory techniques, such as primary and secondary research. This report is summarized with the facts and figures of the growth rate, which helps to increase the profit of Drone Navigation System market. The major factors that are expected to drive the businesses are recent trends, prices, and quality of the services.Read more here.

Meanwhile, here’s an insider’s view on the growing commercial drone industry, provided in this article by MarketScale. Commercial UAV Expo Americas is one of the largest events in the drone industry each year. With the 2019 edition of the conference kicking off this week at the Westgate Las Vegas Resort and Casino, MarketScale wanted to gauge the pulse of the industry through the lens of the event’s attendees. Read the article more here:

Although these attendees offer a positive view about the growth in the industry, still they see some challenges. Overall, it is an exciting time ahead for the commercial drone market.

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