By now, we know that the drone industry is rapidly expanding. We see it here at DroneBase on a daily basis: new customers searching for aerial imagery, and new Pilots signing up, eager to get paid for their skills as a certified UAV operator.
It’s easy to see and feel the growth, but it becomes truly staggering when we take a zoomed-out view of the drone space today. Below, we’ve rounded up some of the most impressive statistics to date within our industry.
The Drone Landscape
- Expected percentage increase in commercial drone revenue in North America from 2015 to 2025: 1981% (via Statista)
- Projected value of the drone industry by 20205: $90 Billion (via Expanded Ramblings)
- The FAA estimates that small, hobbyist drones will more than triple in number to 3.5 million drones by 2021, up from 1.1 million drones in 2016 (via The Motley Fool)
- Currently, the U.S. controls 35% of the global drone market — And, according to KPCB’s 2014 estimates, that makes America the largest drone market in the world. Europe controls 30%, China has 15% and everyone else controls the remaining 20%. (via DroneLife).
- Drones may help save the insurance industry as much as $6.8 billion per year by reducing costs related to data collection, risk evaluation, and fraud (via The Motley Fool)
- According to Goldman Sachs, the total current market value for the following industries are…
- $11MM+ in Construction
- $5MM+ in Agriculture
- $1.4MM+ Insurance Claims
- …And we’re just getting started!
- At least 65 people were saved by drones in 2018 (via DroneLife)
- Another 19 were found or assisted by drones in circumstances that were not imminently life-threatening, but presented great risks to health and safety. (via DroneLife)
Where do you see the drone industry going in the next five years? Leave us a comment with your thoughts!