Drone Industry: One of the Fastest-Growing Industries in the World

Most dangerous and high-paying jobs within the commercial sector are ripe for displacement by drone technology

The drone industry is one of the fastest-growing industries in the world today. With technologies making strides with each passing day, it would be an impossible task to keep track of all upgrades available. Unless flying drones is your main occupation, it will be a challenge, to put it mildly. Unmanned aerial vehicle technology covers everything from the aerodynamics of the drone, and materials in the manufacture of the physical UAV, to the circuit boards, chipset, and software, which are the brains of the drone.

With the rising accessibility of drones, many of the most dangerous and high-paying jobs within the commercial sector are ripe for displacement by drone technology. The use cases for safe, cost-effective solutions range from data collection to delivery. And as autonomy and collision-avoidance technologies improve, so too will drones' ability to perform increasingly complex tasks.

The emerging global market for business services using drones is valued at over US$127 billion, according to PwC. And as more corporations look to capitalize on these commercial opportunities, investment in the drone space has grown.

Over the past few years, drones have become central to the functions of various businesses and governmental organizations and have managed to pierce through areas where certain industries were either stagnant or lagging. From quick deliveries at rush hour to scanning an unreachable military base, drones are proving to be extremely beneficial in places where a man cannot reach or is unable to perform in a timely and efficient manner.

Increasing work efficiency and productivity, decreasing workload and production costs, improving accuracy, refining service, and customer relations, and resolving security issues on a vast scale are a few of the top uses drones offer industries globally. The adoption of drone technology across industries leaped from the fad stage to the mega-trend stage fairly quickly as more and more businesses started to realize its potential, scope, and scale of global reach.

Major companies like Amazon, UPS, and DHL are in favor of drone delivery. Drones could save a lot of manpower and shift unnecessary road traffic to the sky. Besides, they can be used over smaller distances to deliver small packages, food, letters, medicines, beverages, and the like.

Drones provide quick means, after a natural or man-made disaster, to gather information and navigate debris and rubble to look for injured victims. Its high-definition cameras, sensors, and radars give rescue teams access to a higher field of view, saving the need to spend resources on manned helicopters.  Where larger aerial vehicles would prove perilous or inefficient; drones, thanks to their small size, can provide a close-up view of areas.

Today, drones are used in construction, photography, agriculture, defense, and other industries to protect the skies, repopulate forests and accomplish much more on a huge scale. Drone technology is only as powerful as the teams who create it, and with the innovation put on display by these drone companies, it's clear the future for drones is sky-high.