UAS Market to Reach $2.3 Billion by 2017
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Homeland security and commercial unmanned aircraft system (UAS) are used by countries to protect their borders and get aerial views of commercial projects. Complex systems include ground stations and other elements in addition to the aircraft.
Homeland security unmanned aircraft systems (UAS) markets grow as the governments worldwide realize these affordable airplanes provide a less expensive way to provide defense of a nation’s borders and deterrent to intruders. These markets are poised to grow based on the creation of new services efficiencies that accrue from improved technologies.
But military and Homeland Security aren’t the only uses for these systems. Military UAS technology is migrating to new markets; commercial drone technology is increasingly available beyond military circles. Commercial applications are spreading fast. An unmanned aircraft that can fly a predetermined route costs a few hundred dollars to build and can be operated by Smartphones.
Commercial UAS may include air cargo planes flown from a remote location using a video controller. This significantly reduces the cost of logistics for moving anything. The ability to reduce the cost of transport of goods, by reducing the labor component is a significant advance in commercial activity.
Unmanned aerial systems (UAS) markets at $84 million in 2010 are forecast to reach $2.3 billion dollars, worldwide by 2017. US UAS aircraft have flown one million miles over the last four years and are set to fly one million more in the next year.
According to Susan Eustis, researcher and primary author of the 2011 study on the UAS market growth, “growth is spurred by increasing interest from homeland security planning departments. The governments worldwide are moving toward embracing unmanned aircraft systems (UAS) because of the increased intelligence capability and deterrent efficiency combined. The versatility of single aircraft, and the ability to use multiple inexpensive aircraft for different purposes is a formidable and compelling market driver.”
Market growth of unmanned aircraft systems (UAS) markets is a result of the ability to fly longer, see better, provide more useful imaging, put better sensor packages in place, achieve better maneuverability, and implement new technology.
