Skip to main content

Report forecasts rapidly changing market for drones

A new IDTechEx report, Electric Drones: Unmanned Aerial Vehicles UAVs 2015-2025, examines the market for drones or unmanned aerial vehicles (UAVs), saying that most of the market value today lies in military applications, both for electric and - the big money - non-electric versions. Nonetheless, small UAVs are increasing in sales fastest and that is primarily down to non-military applications. From 2026, civil uses will greatly exceed military in market value. The report forecasts it all but concentrates o
February 19, 2015 Read time: 3 mins
RSSA new 6582 IDTechEx report, Electric Drones: Unmanned Aerial Vehicles UAVs 2015-2025, examines the market for drones or unmanned aerial vehicles (UAVs), saying that most of the market value today lies in military applications, both for electric and - the big money - non-electric versions. Nonetheless, small UAVs are increasing in sales fastest and that is primarily down to non-military applications. From 2026, civil uses will greatly exceed military in market value.

The report forecasts it all but concentrates on hybrid and pure electric versions because these are taking over.
 
Dr Harrop, chairman of IDTechEx says, "The biggest market sub-sector will be small UAVs that are not toys or personal, with US$2 billion in sales in 2025 generating over US$20 billion in benefits in agriculture, border protection, parcel delivery, logistics such as warehousing, coastguard, customs, search and rescue, medical emergency, malaria research, mine detection, protection of rare species, movie production and so on."
 
For example, Amazon recently reiterated that they are committed to delivering packages to customers via drones when they get the regulatory support needed. China's biggest internet retailer Alibaba trialled drone deliveries in the country at the beginning of February. 1691 Google has also been testing drone deliveries in Australia, and DHL carried out deliveries by unmanned aircraft in Germany.
 
According to the report, new applications appear every month and it particularly concentrates on what has happened in 2014-15 and what comes next in this changing market.  That includes technological change, with bodywork becoming electric and electronics to save cost, volume and weight while increasing reliability and life.
 
This 200 page report has over 120 figures and tables distilling the markets and technology into roadmaps and forecasts by number, unit value and market value 2015-2025. The rapidly changing powertrains, the uses, participants and benefits are discussed.
 
Adoption of cameras, cost reduction, types, alternatives, legal issues, latest news, new inventions from drones that walk or swim to ones proposed for garnering power - it is all here. Autonomy is addressed and the hype curve in the context of other relevant electric vehicles. Components and systems manufacturers will see the big picture with the full opportunity drone makers and users can benchmark.
 
Beyond the UAV powertrain, with its radically changing motors and so on, there are the telematics, sensor platforms and optics all changing rapidly to become far more functional and lighter in weight.
 
The report also explains laser powered drones and ones that are planned to do more than just regenerative soaring but even export electricity to earth. Of course, there can be no one size fits all for all this. Fixed wing, multi-copter and other configurations will all have a place.

Related Content

  • March 20, 2015
    Autonomous vehicles are everywhere says report
    A new IDTechEx report, Autonomous Vehicles: Land, Water, Air 2015-2035 claims autonomous vehicles are successful here and now but you are unlikely to meet one because the successes are in the upper atmosphere, open cast mines, nuclear power stations, underwater and in other relatively inaccessible places. It goes on to explains that the primary technology of an autonomous vehicle is that which confers autonomy and the powertrain, which is usually electric. The powertrain and navigation and control technolo
  • July 10, 2014
    US$144 billion market forecast for multi-motor electric vehicles
    The latest Electric Motors for Hybrid and Pure Electric Vehicles 2015-2025: Land, Water, Air report from IDTechEX finds that a US$144 billion market awaits in 2025, boosted by 8.9 million extra motors for multi-motor vehicles, most of them land vehicles - particularly cars - with industrial-commercial vehicles following close behind. Primary author Dr Peter Harrop notes, "Nevertheless, largest profit may be made in military and other segments. In some segments you are likely to be competing with your cus
  • April 24, 2015
    Report: Invest now in fuel cell vehicles?
    According to IDTechEx, there is divided opinion on future of traction fuel cells in electric vehicles, though few argue any more that they will power the majority of electric vehicles (EVs). Nonetheless some manufacturers are very enthusiastic and now could be the beginning of the end of the trough of disillusionment, indeed the time to invest, as analysed in the IDTechEx report Fuel Cell Electric Vehicles 2015-2030: Land, Water, Air. A comparison of views by IDTechEx) found that Toyota, Nissan, Honda,
  • December 18, 2015
    Profitable niches in the electric vehicles market
    Vehicles are electrifying at a breakneck speed and they are being completely reinvented with developments in many components and systems, according to a report by IDTechEx Research. Disruptive change and significant technological innovation is now being seen across all forms of electric vehicles for land, water and air. The fruits of all this are spectacular – from the vehicles themselves to over US$500 billion market opportunity that will be created by 2026. IDTechEx Research analyses and forecasts eve