The global commercial drone market size will be valued at USD 5.80 billion. The company estimates that US consumers spend an estimated $15 billion of their earnings on drones each year. With this number rising fast – by 7% per month globally last quarter alone — the future looks bright for these machines “It’s going really well”.
Recently, the Association of Unmanned Aviation (VUL), a joint initiative of the Federal Association of the German Aviation Industry ( BDL) and the Federal Association of the German Aerospace Industry (BDLI), presented a highly regarded market study with the “Analysis of the German Drone Market” ties in with a survey from 2019. In the Hamburg Institute Drone Industry Insights According to the analysis prepared, the authors forecast a sharp increase in commercial drone use in the period up to 2025, while private drone use is likely to have already passed its peak. “While only one in nine drones is currently in commercial operation in Germany, by 2025 it will be one in three. The German drone market will grow from 840 million euros to more than 1.6 billion euros in the same period, ”says the VUL website. The market analysis at Droniq has also been read very carefully. CEO Jan-Eric Putze shares the positive results and forecasts of the “Analysis of the German Drone Market”, but sees the drone economy at a critical point at the moment. Above all, politics must act so that the German drone industry can maintain its good position in global competition.