commercial drones: current state of the industry

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1 | Copyright 2015 – Drone Analyst COMMERCIAL DRONES: CURRENT STATE OF THE INDUSTRY Summary of New Research Report July 7, 2015

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Page 1: Commercial Drones: Current State of the Industry

1|Copyright 2015 – Drone Analyst

COMMERCIAL DRONES: CURRENT STATE OF THE INDUSTRY

Summary of New Research Report

July 7, 2015

Page 2: Commercial Drones: Current State of the Industry

2|Copyright 2015 – Drone Analyst

Introduction Worldwide commercial unmanned aircraft systems (UAS) are emerging as a competitive technology in a number of data collection scenarios. But in the U.S., the industry is still struggling to get off the ground more than three years after The FAA Modernization and Reform Act of 2012. The Act was widely expected to result in tens of thousands of commercial drones being licensed to fly over U.S. airspace. So far it has produced only a few under restricted use.

However, with the advent this year of the FAA’s newly proposed rules on small UAS, the industry stands poised for rapid business adoption. This report gives an overview of the current state of the U.S. commercial drone industry and analyzes the business impact and market opportunities that the proposed rules have for manufacturers, distributors, service providers, and investors.

This report answers the following questions:

In what applications and markets are UAS a potential economic game changer?

What are the proposed FAA rules and what do they mean for businesses?

Where are the biggest opportunities and challenges for commercial UAS?

What can we expect in the future?

Page 3: Commercial Drones: Current State of the Industry

3|Copyright 2015 – Drone Analyst

Report topics Commercial Drones

Applications and Markets

Forecasts and Investment

Ecosystem

Regulatory Environment

Commercial Use Statistics

Impact By Market / Challenges and Opportunities

Innovations and Incubators

Page 4: Commercial Drones: Current State of the Industry

4|Copyright 2015 – Drone Analyst

What’s in the report? A primer on commercial drones that discusses common terminology and the distinctive nature of commercial drones as aircraft systems and Internet of Things devices.

An outline of the growing number of commercial applications for drones, with categorization into major market segments for easier consumption and further analysis. We discuss the growing interest in commercial drones, what forecasters say about future demand, and what investors are banking on.

An overview of the industry’s flourishing ecosystem of businesses that support commercial drone activity. We present a few of the most prominent firms and companies that provide legal services, insurance, flight readiness applications, and training.

A detailed discussion of the fluid state of FAA restrictions on commercial UAS operations in the U.S – including the FAA’s proposed rules for small UAS. We also discuss the growing complexity of state and local issues, the current state of private sentiment and legal concerns, and the impact of proposed FAA rules. It shows that some markets are winners, but some are bigger winners than others. We report on the important details and determine the success factors in each market.

Statistics on commercial drone use. We compare the number of drone operators by country, the manufacturers who have the most aircraft in U.S. commercial operations, and which market segments are shaping up to be the biggest.

Page 5: Commercial Drones: Current State of the Industry

5|Copyright 2015 – Drone Analyst

Sample content

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6|Copyright 2015 – Drone Analyst

Alphabet Soup Unmanned Aerial Vehicle (UAV) - legacy

Unmanned Aircraft System (UAS) - FAA

Remotely Piloted Aircraft System (RPAS) - EU

Drone – public

Simply put…a vehicle that navigates in the air from point A to point B that is remotely controlled or flown autonomously and shares what it ‘sees’ with humans on the ground or other machines.

Page 7: Commercial Drones: Current State of the Industry

7|Copyright 2015 – Drone Analyst

HobbyOpen-sourc eMass produced

Cheap

Commer c ial applicationsIoT deviceExtensible High ROI

Specialized useProprietary

Custom madeExpensive

A new kind of drone

Page 8: Commercial Drones: Current State of the Industry

8|Copyright 2015 – Drone Analyst

Aerial Photography Pipe/Power Line Inspection

Real-estate Surveillance

Mapping Stockpile Measurement

3D Imaging Mail / Freight Transport

Rail Monitoring Agricultural

Disaster Response/Relief Movie Productions

Damage Assessment Sporting Event Coverage

Infrastructure Monitoring Flare Stack Inspection

Inventory Management Construction Reporting

Application breadth

Page 9: Commercial Drones: Current State of the Industry

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20

37

384

126

225

81

0 50 100 150 200 250 300 350 400 450

Other

Public Safety / First Responders

Film / Photo / Video

Mapping / Surveying

Inspection / Monitoring

Precision Agriculture

FAA Section 333 Exemptions Operation / Mission

Operations by market

Authorizations Granted as of 7/1/2015 Source: FAA and Drone Analyst

n = 748

Page 10: Commercial Drones: Current State of the Industry

10|Copyright 2015 – Drone Analyst

Regulatory environment

FAA Modernization and Reform Act 2012

COA vs Experimental Cert vs Section 333 Exemptions

Six UAS Test Sites

Notice of Proposed Rulemaking (NPRM)

Blanket COAs

Small UAS Rule?

Congressional proposals

Federal privacy acts

State legislation

Local restrictions

Page 11: Commercial Drones: Current State of the Industry

11|Copyright 2015 – Drone Analyst

Impact on major market segments

1. Precision Agriculture

2. Inspection / Monitoring

3. Mapping / Surveying

4. Film / Photo / Video

5. Public Safety / First Responders

Page 12: Commercial Drones: Current State of the Industry

12|Copyright 2015 – Drone Analyst

Purchase

Get comprehensive data and analysis

Purchase Complete Report

$495 - Single User PDF$795 - Site License PDF$995 - Enterprise License PDF

http://droneanalyst.com/purchase-research/

12 figures

4 data tables

You can purchase a report to match your business needs

Learn more about the report here: http://bit.ly/1HLbsqb

Presenter
Presentation Notes
You’ll find great data in there to support your business effort.
Page 13: Commercial Drones: Current State of the Industry

13|Copyright 2015 – Drone Analyst

About Drone Analyst is a research and consulting firm supporting all participants in the commercial unmanned aircraft systems (UAS) industry.

We provide research-based insights needed to make critical investment decisions with confidence.

Our focus is on the needs of three constituents:

• Buyers of UAS technology and services – to help inform their acquisition decisions

• Suppliers and service providers – who need research and insight into buyer needs

• Investors – who need to distinguish technical and market viability

This focus, plus research as a foundation and reach into a community of more than 80,000 business executives and innovators through social media and media partnerships, allows Drone Analyst to deliver a high-value, low-risk method for achieving optimal understanding.

Learn more:

Web http://droneanalyst.com

Twitter @droneanalyst

Email [email protected]

Page 14: Commercial Drones: Current State of the Industry

14|Copyright 2015 – Drone Analyst

© 2015 Drone Analyst.All rights reserved.

No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of Drone Analyst.

Drone Analyst products and services mentioned herein as well as their respective logos are trademarks of Drone Analyst.

These materials are provided by Drone Analyst for informational purposes only, without representation or warranty of any kind, and Drone Analyst shall not be liable for errors or omissions with respect to the materials.

In particular, Drone Analyst has no obligation to pursue any course of business outlined in this document or any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation, and Drone Analyst strategy and possible future developments, products, and/or research directions are all subject to change and may be changed by Drone Analyst at any time for any reason without notice. The information in this document is not a commitment, promise, or legal obligation to deliver any material, research notes, or web content.