Drone Analyst provides comprehensive look at UAS industry

Drone Analyst, a research and consulting firm, released a report titled “Commercial Drones: Current State of the U.S. Industry” which outlines research innovations, business applications, key ecosystem companies and market forecasts. The report also details the business impact and market opportunities that the proposed U.S. Federal Aviation Administration rules have on the unmanned industry.

The report answers questions industry leaders are curious about including: In what applications and markets are UAS a potential economic game changer? What are the proposed FAA rules and what do they mean for businesses? Where are the biggest opportunities and challenges for commercial drones? And, what can we expect in the future?

“This report is a great primer for those who want to take advantage of the coming boom in this extremely lucrative industry,” said Colin Snow, CEO and founder of Drone Analyst. “The report provides fresh information for industry veterans, entrepreneurs and investors, career changers and advancers and corporate personnel in all industries.” 

In the report, Snow presents a list of several firms in Silicon Valley and across the U.S. that either have, are currently incubating or are working on innovations that will solve the complex problems of unmanned aircraft systems (UAS) integration into the national airspace.

In May, Drone Analyst released a report detailing the findings of the impact of FAA rules on small unmanned aircraft system (sUAS) business, which examined the economic impact of current FAA policies for sUAS operating in Class G uncontrolled airspace and evaluates how commercial service providers and operators perceive those rules and assess their importance.

The research investigates the potential economic impact of both favorable and unfavorable future regulations, including revenue growth forecasts and hiring plans. Participants surveyed identified five types of FAA regulations that would be unfavorable for their businesses, with 61 percent indicating they would simply not start or shutter their existing business operations if those unfavorable FAA regulations were in place.

“In light of our findings, we concluded the overall market for sUAS in the U.S. would disintegrate if unfavorable regulations come into being,” said Snow. “All the positive economic impacts like revenue, job creation—not to mention the practical benefits of U.S.-based drone business services—would not be realized.”

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