Global drone market to reach $16.7 billion by 2022

Manufacturers of drones are increasingly focussing on making technological advancements to enhance the efficiency of drones.


The Association for Unmanned Vehicle Systems International and King Schools have announced an online course to ensure commercial UAS operators know the rules before taking flight. Aeryon Photo
A focus on technological advancements with drones is expected to drive the growth of the global UAV market. Aeryon Photo

Such advancements and developments are anticipated to fuel growth in the global drone market during the forecast period.

Anticipated growth in the global drone market can be attributed to the growing demand for military and commercial drones, coupled with proactive involvement of regulatory bodies like Federal Aviation Administration (FAA) in formulating laws and regulations that support use of drones and military UAVs.

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