COMMERCIAL DRONES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
The commercial drones market faces several challenges. Strict regulations imposed by aviation authorities around the world limit the commercial use of drones. As drones get more autonomous, privacy and security concerns also rise. Due to their small size, drones can potentially be hijacked or mistaken as threats. Lack of advanced safety and collision avoidance technologies also hamper their integration into commercial operations involving sensitive infrastructure and crowded areas. Ensuring reliable operation over longer ranges and payload capacity aligned to use cases remains challenging.
Market Opportunities: Rising Adoption in Agriculture and Surveillance Applications
Drones can enable cost-effective inspection of critical assets like oil and gas pipelines, cellular towers, and wind turbines. Their deployment can streamline agriculture, photography, filmmaking, delivery, and surveillance applications. Emerging technologies in artificial intelligence, computer vision, and edge computing are improving drone autonomy.
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