The FAA says the commercial drone market could triple in size by 2023

The Federal Aviation Administration announced its forecasts over NextGov over the next 20 years (19459003), which predicts how it will affect the aviation industry between now and 2039. Particularly noteworthy is that commercial unmanned aerial vehicles are growing faster than anticipated, and will now triple in 2023 and the non-commercial aviation market is likely to slow down.

This report covers the entire aviation sector, including domestic and international aviation markets, cargo air traffic, space travel and unmanned aerial vehicles. Unmanned aerial vehicle systems have been experiencing healthy growth in the United States and around the world for the past five years, and the problem is that it involves all the problems from amateur pilots to professional equipment to share the same thing. It caused. Their big, crewed counterparts and airspace.

Since mandating online registrations for Drones in 2015, the FAA has "registered over 900,000 owners" on December 31 with approximately 1.2 million unmanned aerial vehicles (model non-commercial devices) (Individual model unmanned aircraft do not need to be registered). The market is expected to slow down due to price stabilization over the next five years.

This report reviews trends described as non-model UAVs (commercial equipment). . In this category, "the rate of monthly registration is almost 15,000 people," the administration says, "the speed of non-model aircraft owners registering their aircraft at the same time last year." In 2018, more than 27,000 non-model unmanned aerial vehicles were registered.

While the market for model drones seems to be slowing, the commercial aircraft market is accelerating and the FAA expects this growth to continue. The registration rate is expected to be 44% higher than last year's figure. In 2023, the market size is expected to triple, and 823,000 unmanned aircraft are flying at the time. The report notes that the number of commercial unmanned aerial vehicles flying until the end of the year (or early next year) will surpass government estimates for 2022 in the last report.

That growth will lead to new uses. Companies such as Amazon, Google, Walmart and even 7-Eleven have thought about or experimented with delivery via unmanned aerial vehicles, while Baltimore hospitals used unmanned aerial vehicles to deliver organs to patients last month. The report explains that when unmanned aerial vehicles operate more efficiently and safely, extend battery life, and continue integration, new business models such as new delivery or health care services, or operations such as search and rescue, will begin to be developed.

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