Commercial Drone Tech

Taking commercial activities to new heights

Overview

Commercial Drone Tech refers to the use of drones also referred to as an unmanned aircraft system (UAS) in a variety of commercial applications. Drones are used for a variety of use cases including 1) mapping and surveying, 2) inspection and maintenance, 3) monitoring and surveillance, and 4) data collection and analytics, across a wide range of industries including agriculture, construction, and real estate, public safety and security, oil and gas, and power and energy. 

Drones’ key value proposition for commercial users is that they handle a task previously carried out through conventional methods at only a fraction of the cost of their traditional alternatives. Additionally, drones also provide viable solutions to tasks that are at times dangerous for humans.

The use of drones across a variety of applications and industries has spawned an entire ecosystem of hardware, software, and support services, with several startups either specializing in niche functions or offering end-to-end solutions. 

Note: Additional sections (such as market sizing, and incumbents) can be provided on request.

Use cases


The technological developments of commercial drones, which have made them smaller, lighter, fly for longer, and cover greater distances, have led to increased adoption across a range of industries such as energy, industrials, financial services, real estate, consumer discretionary, and utilities.

Drones serve various purposes such as monitoring and surveillance for asset management and threat detection, data collection and analysis, and inspection and maintenance including for remote assets. Several organizations have experienced the advantages of drone use including improved insights and cost and time efficiencies. 

We have identified key commercial drone tech use cases below:

The Disruptors


Funding History

Notable Investors


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Overview

Lifting off toward new heights

Humankind has been fascinated with the idea of unmanned flying machines since aviation’s early days in the late 19th century. This flight of fancy was finally made real with the advent of powered aircraft, which heralded the arrival of the unmanned aerial vehicle (UAV). More commonly referred to as a drone, the UAV was subsequently adopted for military (aerial reconnaissance and targeted attacks) and recreational (for children and hobbyists) applications.      
However, from around the mid-2010s, people started using drones for commercial purposes encompassing mapping and surveying, data collection and analysis, and payload delivery. 

What are commercial drones?  

Commercial Drone Tech refers to the use of drones also referred to as an unmanned aircraft systems (UAS) in a variety of commercial applications. This is distinct from drones used by children and hobbyists as entertainment (recreational drones) and those used by the military for surveillance and military use (military drones).  
Drones come in various shapes and sizes. Technological advancements, such as miniaturization and improved battery life, have led to smaller and lighter drones that can fly for longer and cover greater distances. Drones are classified by their design, which offers diverse capabilities and applications. 
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