Press Release: US Leads in Drone Sales, but Fails in Commercialization
The US leads in drone sales but it is definitely falling behind other countries due to slow movement on the regulation and approval front. We have asked Flyver’s CEO a few additional questions related to this press release and will share his insights with you once he has time to respond. The full report can be downloaded from here.
US lags behind rest of the world based on data released in a recent industry report.
The report, published by drone developer Flyver and the market research agency, Inea Consult, contained some surprising conclusions. One of the report’s key findings was that the biggest drone market in the world, the U.S.A., is one of the last in the world in terms of commercialisation of UAVs (Unmanned Aerial Vehicles). In the meantime, other countries with far less widespread drone adoption rates have been making headway in commercial drone applications.
“In the first three years of integration more than 70,000 jobs will be created in the United States with an economic impact of more than $13.6 billion.”
Association for Unmanned Vehicle Systems International
The first laws regarding UAVs in Britain and Canada were passed between 2007 and 2011. By contrast, the first laws on UAVs in the U.S.A. were passed in 2012 and were far more restrictive. Because of this early advantage and the freedom their legislation grants, Canada and Britain have been successfully integrating drones for commercial uses and are already working on improved 2nd generation legislation.
The survey produced another surprising key finding. The United States account for more than half of the worldwide drone market. However, because of legislation or lack thereof, the applications for UAVs are restricted to hobbyists and amateurs, as receiving a commercial license is practically impossible for anyone except large corporations with powerful lobbies. In the meantime Canada and the U.K. have been using drones for the monitoring of power lines, crops and various other properties in hard-to-access areas, despite having far fewer drones at their disposal.
“Each technology innovation cycle is faster than the previous one. The commercialisation of drones is imminent and its economic benefits will turn business on its head.”
Anton Gavrailov, CEO of Flyer
The growth of the drone market is exponential, especially in the U.S. . Despite this, the FAA had not yet created adequate laws on drone use and has in this way allowed the country to fall behind in UAV commercialisation. Other countries have already proven that drones can be extremely beneficial to business and yet, despite this and internal pressure from drone enthusiasts, the U.S.A. continues to lag behind the rest of the world. If it were to pass progressive legislation, the country would reap more economic benefits than any other in the world because of its already-existing dominance in the drone market.
Anton Gavrailov, CEO,Flyver
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