Episode 2: Tracking the Commercial Drone Market
The commercial market for unmanned vehicles is closing in on the peak of its hype cycle. The United States has been a particularly strong source of commercial growth, with the value of drone activity rising from $40 million in 2012 to about $1 billion in 2017. By 2026, it is estimated that commercial drones will have an annual impact of $31 billion to $46 billion on the country’s GDP. What are some of the use cases and business models that have been validated and show the most promise? From surveillance to air cargo operations moving goods between warehouses, it all relies on advancements in batteries, software determinism and enhanced data processing.
Featured in this Episode
Consulting Director, Aerospace, Defense & Security, North America, Frost & Sullivan
Ron brings over 20 years of dedicated Aerospace & Defense market intelligence experience in forecasting, business development and proposal management. He is an experienced consultant in A&D markets ranging from technology to market, A&D capture support, mergers & acquisition analysis, block-upgrade competitions and international country-specific opportunity analyses. Ron has deep experience in quantitative and qualitative blended opportunity assessments across the Aerospace & Defense markets spectrum. His significant consulting experience in Aerospace & Defense markets includes Airborne Early Warning & Control Maritime Domain Awareness, Optionally-Manned Aircraft, Full-Spectrum Commercial and Military Unmanned Systems, and Ship-borne Radar and Communications Systems.
Director, Aerospace and Defense Market, Wind River
Alex Wilson obtained a BSc (Eng) in electrical engineering from Imperial College, London, in 1986. Prior to Wind River, he worked at British Aerospace on automated test equipment and as a field applications engineer (FAE) for Motorola Computer Group. He joined Wind River in the UK as an FAE in 1996 supporting VxWorks®. Currently he is responsible for business strategy, including product requirements, sales growth strategy, and ecosystem development.
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