Research and Markets - FAA Panel Drafts New Regulations for Small Commercial Drones

Apr 07, 2016, 07:00 ET from Research and Markets

DUBLIN, April 7, 2016 /PRNewswire/ --

The United States Federal Aviation Administration has released a series of recommendations for commercial drones. The new rules have been issued by a 27-member panel, made up of representatives from the drone and tech industry. It means small drones could populate our skies sooner rather than later, if unmanned aircrafts meet the new standards.

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The report recommends that the FAA limit the risk of injury to less than 1%, but allow drone manufacturers to determine whether they meet the standard. The market for commercial drones has evolved past the early adopter stage as the industry finds ways to build navigation infrastructure that is safe. The mature collision avoidance systems from Intel and others are part of what make the smart commercial drone market work. The market is anticipated to reach a value of $27.1 billion by 2021 .

With advances in drone technology and the chances of relaxing laws related to drones, companies around the world are exploring the potential opportunities. Commercial drones are expected to be widely adopted in the advertising and agriculture sector. Major tech companies such as Facebook and Google are planning to deploy solar-powered drones as flying Internet access points or hotspots, to provide connectivity to the world's more remote place. Retail giants like Amazon are exploring how drones could be used for package delivery services. One report has predicted this increased demand will result in 57% growth by 2020 , and it could be even higher if the FAA crafts regulations in the near future. 

The FAA will said the agency will consider the recommendations. Commercial drone flights are currently banned in the majority of U.S. states, but regulations that allow limited drone operations are expected to be in place before the end of 2016. There is also a large anti-drone market , which is projected to grow 23.89% by 2022. The key drivers responsible for this are increased security breach incidents and increased terrorism and illicit activities.

For further information on this topic, and a full list of all related documentation, please visit the Unmanned Aerial Vehicles (UAVs) - Drones section at http://www.researchandmarkets.com/rm/NNKM .    

 

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Source: http://www.reuters.com/article/us-usa-drones-people-idUSKCN0X3281


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