SANTA CLARA, Calif., April 11, 2017 /PRNewswire/ --
Available ON DEMAND, with free registration
Michael Blades, Senior Industry Analyst, Aerospace & Defense, Frost & Sullivan
Commercial applications for Unmanned Air System (UAS) are only limited by the user's imagination. This presentation breaks down the global commercial UAS market into manageable application and platform segments, and provides a market forecast for UAS platforms by region. There are many ancillary markets such as UAS rental/services; insurance; fleet management and maintenance; software and hardware for data analytics and information workflow; and many more that may be estimated based on the data provided in this presentation.
The commercial UAS market is growing rapidly and an ecosystem is being formed that allows for almost any aerial data collection application to be accomplished faster, cheaper, and in a safer manner. "In several years, commercial UAS platforms, like computers and smart phones, will become ubiquitous; however, the commercial UAS ecosystem will be driven by the number of platforms demanded worldwide," explains Michael Blades, Senior Industry Analyst, Aerospace & Defense, Frost & Sullivan.
Commercial drones have been, and remain, a hot technology for use in many applications deemed dull, difficult, dirty, or dangerous. As their utility is realized, many companies are testing and/or using commercial UAS as tools to gain a competitive advantage.
"Due to the Federal Aviation Administration's (FAA) recent implementation of Federal Aviation Regulation (FAR) Part 107, certain applications for commercial drones have begun to flourish. Many of these applications are in the construction, oil and gas, and energy industries. Future technologies and regulatory decisions will shape which applications will thrive in the future," concludes Blades.
Why You Should Access this Presentation:
- Discover the size, scope, and potential of the commercial drone market.
- Understand which commercial drone applications are thriving and will bloom in the future.
- Discover what transformational trends are occurring in the market and how those trends will influence the commercial drone ecosystem.
About Frost & Sullivan
Frost & Sullivan, the global Growth Partnership Company, has spent more than 50 years guiding our clients toward transformational growth strategies. We focus on innovation opportunities driven by disruptive technologies, mega trends, emerging markets and new business models. Through our Growth Partnership model, we collaborate with clients to leverage visionary innovation that takes advantage of our convergence expertise, an experiential learning platform, 360-degree industry coverage and complete global perspective. Is your organization prepared for the next profound wave of industry disruption, increasing competitive intensity, breakthrough best practices, changing customer dynamics and emerging economies?
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SOURCE Frost & Sullivan