CONSTRUCTION

  • 74% of contractors expect to adopt advanced tech in 3 years
  • Drone Deploy Report suggests that drones can increase the safety on a construction site by 55%.
  • 65% Improved communication and collaboration — DroneDeploy
  • 52% Reduced time to data insights — DroneDeploy
  • Construction customers report a variety of benefits as a result of implementing in-house drone programs — DroneDeploy
  • 61% More accurate measurements — DroneDeploy
  • “Drones change the game in communication. A photo is worth a thousand words, and potentially millions of dollars.” Ryan Moret, Field Solutions Manager McCarthy Building Companies Inc

REAL ESTATE

FARMING

  • Drones can also inspect up to 1,000 acres of farmland a day – as per Goldman Sachs Research
  • The Association for Unmanned Vehicle Systems International estimates that farms will eventually account for an 80% share of the commercial drone market. — Source
  • Drone data can show where crops are healthy and where crops are weak so farmers can make adjustments. — Source
  • Thermal cameras on drones can be used to detect leaks and determine if crops are getting too much or too little water. — Source
  • The American Farm Bureau Federation estimates that farmers could see a return on investment of agriculture drones of $12 per acre for corn and $2 to $3 per acre for soybeans and wheat. — Source
  • According to a study, corn, soybean and wheat farmers could save an estimated $1.3 billion annually by using drones to increase crop yields and reduce input costs. — Source
  • A drone can zoom down to the square inch and even count each individual plant, which would have previously been very difficult and impractical. — Source
  • Drones that could be used by farmers have a wide range of prices from below $1,000 to over $30,000, depending on whether they come with sensors that measure moisture content and plant light reflectivity. — Source
  • Sensors in drones can also evaluate drainage and track how mature crops are. — Source
  • A drone’s software can plan a flight path to maximize coverage of a farm’s cropland as well as fly itself from takeoff to landing. — Source
  • Crop imaging with a manned aircraft can cost $1,000 per hour, while a drone can be bought for less than $1,000. — Source
  • Drones can be used to survey a crop weekly or daily to create a time-series animation that shows changes or issues that can be acted on — Source

MAPPING

  • 90% of Commercial Mapping Still Occurs on Drone Models that Cost $1500 or Less – Drone Deploy Report
  • Companies now rely on drones every day for data collection and analysis. On average, DroneDeploy customers create 5 maps a week. This resulted in 30,000-45,000 automated drone flights every month in 2017. Why such a range? Drone use is affected by seasonal changes in weather. Commercial users are most active in the spring and summer months when the weather is warm, and rain and snow are less common. July stood out as the most popular month for drone mapping.
  • Companies use drone technology to collect real-time data about projects, understand what’s happening on site, and identify potential issues before they become costly. Construction is currently the fastest growing sector—surging 239% in the last year — DroneDeploy
  • Hours of waiting for crop imagery are over. We can capture real-time data in seconds without an internet connection, and begin making smarter crop management decisions before the drone hits the ground. Justin Metz, Technology Integration Specialist Bowles Farming Company — DroneDeploy

GOVERNMENT & CITY

  • Businesses and civil governments spend $13 billion on drones between now and 2020 – Source: Goldman Sachs Research
  • Between now and 2020, Goldman Sach’s forecasts a $100 billion market opportunity for drones—helped by growing demand from the commercial and civil government sectors. – Source: Goldman Sachs Research

INSURANCE

  • Roof Report helps professionals in the roofing, solar, and insurance sectors generate accurate roof measurements with computer vision and machine learning. The number of roof reports generated doubles every month as drone adoption continues to rise. The number of Roof Reports double each month with the use of drones according to — DroneDeploy
  • A drone can get closer to damaged property and inspect it more thoroughly. It can also gather and relay images, audio, video, and other crucial data. — Source
  • Faster rebuilding after a devastating storm due to rapid assessment of the damage. Drones can cover larger areas in a shorter span than human claims adjusters. This leads to more accurate processing of claims, which also makes affected policyholders happy. — Source
  • Reduction in Loss Adjustment Expenses (LAE). These are costs associated with assessing and settling claims. Since drones work faster and can survey the most dangerous properties, the number of claims adjusters needed is reduced. — Source
  • Improved safety. Being a claims adjuster is one of the most dangerous jobs in America. Because they usually assess damage to unstable homes after dangerous storms, they’re more likely to be hurt in the process. Drones eliminate this problem because they can do a better analysis from various angles. — Source
  • More unbiased claims processing. Unlike human claims adjusters whose decisions may be influenced by emotional factors, drones can be trusted to be objective. They collect data and forward it for further analysis. — Source

DRONE INDUSTRY

  • There were around 1.1 million drones in the United States as of December 31, 2017. During 2019, that number will reach 2 million. Source: FAA
  • The number of drones is expected to more than double over the next year to more than 2.4 million units. – FAA
  • In 2016, there were 788,570 drones in the United States, increasing around 40% year-over-year. Globally by 2017 there were more than 3 million. This substantial growth rate is driven by the consumer market and stems from falling equipment prices, improved technology such as built-in cameras, and the relative ease of piloting. – FAA
  • The industry is expected to grow to more than $82.1 billion in annual revenue by 2025.
  • Commercial drones represent just 6% of all drone sales in the US, but make up 60% of the drone industry revenue due to their high price points relative to consumer models. – Economist
  • The fastest growing commercial adopters of aerial data come from the construction, agriculture, and mining industries. – Drone Deploy Report
  • The FAA announced that there were more than 122,000 commercial drone pilots in early 2018. Combined with the 878,000 hobbyists, there were more than 1 million total drone registrations.
  • Since the launch of online registration, more than 110,000 commercial operators had registered their equipment by the end of 2017 – FAA
  • For each week the registration has been available, over 1,000 aircraft have been registered – FAA
  • Top industries for drone job opportunities include Construction, Agriculture, Insurance, Oil/Gas, Police – Source: Goldman Sachs Research
  • “Tremendous opportunities for growth in employment associated with commercial activities of the UAS. ” – FAA
  • Consumer grade dominates the non-commercial, with a market share approaching 98% – FAA
  • The Low Altitude Authorization and Notification which is currently in testing, is designed to allow considerable flexibility in UAS operations and incorporate recreational hobbyists as well commercial usecases. – FAA
  • Applications requires waivers for night operations (86% of all waivers granted), operation of multiple unmanned aircraft by one pilot (1.5%), and operation above current altitude limits (1.3%) – FAA
  • Almost 13,000 airspace authorizations and waivers were approved for UAS operations in controlled airspaces by the end of December 2017 – FAA
  • Remote Pilot Certifications are issued in accordance with the FAA’s Part 107 and are used primarily to facilitate non-model sUAS flights for commercial activities. – FAA
  • As of December 2017, more than 73,000 Remote Pilot Certifications were issued. Over 90% of individuals who took the required aeronautical knowledge exam passed and obtained an RPC. – FAA
  • The FAA introduced rules requiring drone pilots to register to a national database.  The regulation was briefly paused when a judge shot down the rule, however it was reinstated in 2017 National Defence Authorization bill – TechCrunch
  • By the end of May 2017, more than 772,000 owners had already registered with the FAA.
  • Crash risks are acute. QBE claims data reveals that one in fifty drones will be involved in an accident, equivalent to a crash occurring approximately every 2,000 hours of operation.

DJI

  • DJI generated more than $2.83 billion in 2017 which represented an 80% increase from 2016. – TechNode
  • DJI remains the leader in the commercial drone market with an estimated market share of up to 85% – Drone Deploy Report
  • DJI is based in Shenzen, China, however 80% of their products are sold overseas. – Business Times