by Brianna Crandall — Smart drone robots that connect securely to each other and Internet offer enormous potential for commercial uses, spelling growth worth trillions of dollarsMay 20, 2016 — Researchmoz has released a market research report published by WinterGreen Research analyzing the factors supporting the growth of the global drone robots market, along with scrutinizing the restraints that are tugging it in the downward direction.
The report suggests that the global drone robots market is expected to achieve a good growth rate in the coming years due to buoyant aerial photography, entertainment, and advertising markets, and will reach $2.7 billion by 2022 from $137 million in 2015.
Photography, entertainment and advertising segments
Several advertising agencies are using drone robots to target larger audiences with effective means that are low cost and automated. Smarter drone robots are designed for skywriting and pulling banners in an automated manner by using integrated circuit technology.
The growing acceptance of drone robots as toys for grownups with meaningful purposes such as flying cameras to filming important events, excursions, and documenting for educational reasons are also propelling the overall market. Additionally, the rising acceptance of drones in indoor advertising is not only augmenting the market, but also challenging robotic platforms in positive ways.
As the U.S. regulations pertaining to commercial drones are set to relax in 2016, this market will witness a stupendous rise, predicts Researchmoz. This move is also expected to bring in a new perspective towards employment, an outcome that is coaxing many regulators across the United States to ease the restraints on the commercialization of drones.
Smart drones in commercial use
The smart drone segment of the global drone robots market offers tremendous potential for commercial uses, thereby spelling economic growth worth trillions of dollars in the near future, finds the report. These drones connect securely and seamlessly to each other and the Internet.
The unmanned aerial vehicle technology used for manufacturing smart commercial drone aerial vehicles has come a long way, which has made these systems a critical part of the aerospace manufacturing sector. The rampant procurement of drone robots in various industries across the globe is also driving the global market to newer heights.
Key players
Some of the important players operating in the global drone robots market are DJI, Intel / Ascending Technologies, 3D Robotics, Airware, DroneCast, Japan Drones, and Yuneec. The research report profiles these players to provide an accurate and exact assessment of the competitive landscape present in the global drone robots market.
The researchers have also evaluated the reasons that are changing the management styles, dynamic investment scenario, strong research and development activities, and business and marketing strategies of these players in the near future. The report features an analysis to determine the threat of substitute products or services, the bargaining power of customers (buyers), and more, for a holistic view of the market.
The 212-page Drone Robots: Market Shares, Strategy, and Forecasts, Worldwide, 2016 to 2022 (see WinterGreen Research brochure) report is available for purchase from the Researchmoz Web site.
