Forecast: UAV production and sales will increase by 39% in 2017

[ China Agricultural Machinery Industry News ] On February 9, according to the forecast of global IT consulting company Gartner, the production and sales volume of drones will increase by 39% in 2017 to 3 million units. Global market revenue is expected to reach $6 billion (about 41.2 billion yuan), an increase of 34%.

Forecast: UAV production and sales will increase by 39% in 2017
Demand for drones for personal and commercial use has soared, and although the private market has had to deal with government regulators, it has not affected the popularity of drones. Gartner analysts said that the drone market is growing rapidly, but the dynamics of the personal and commercial markets are quite different.
Personal drones are mostly used for entertainment functions, such as taking various photos, self-timer, etc., capable of flying in short distances and short periods of time (usually no more than 5km and 1h), and flying height is limited to 500m. The weight is generally not more than 2kg, and the price is less than 5,000 US dollars (about 34,000 yuan). The market for commercial drones is much smaller, and the average selling price is significantly higher than that of private drones. As more and more countries improve regulations, the market is gradually stabilizing, and companies in almost every industry buy. UAVs are tested, deployed, and so on.
Commercial drones typically have higher payloads, longer flight times, and are typically equipped with sensors and flight controllers to ensure safety. In addition, such drones are usually used in a certain area, such as surveying, transportation or industrial inspection, so the price is not the same.
Agriculture is often considered a large commercial drone market, but the agricultural economy is more sensitive to cost than tighter production and pricing, meaning that the agricultural drone market will not grow as fast as other markets. Gartner predicts that by 2020, the agricultural drone market will grow by 7%.
The industrial drone market has achieved great success, mainly in the fields of oil, natural gas and other energy and infrastructure, transportation, and the impact of laws and regulations on the market is not as significant as originally expected. Gartner predicts that by 2020, testing will account for 30% of the drone market. Transport drones are beginning to attract attention from outsiders, but will not be a major player in recent years, as their rates have not been proven in drone cost, operations and individual customer delivery.

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