However, due to advancements in technology and decreases in drones’ production costs, there has been a lot of interest in developing drones for commercial applications. Since drones are a safer alternative to manned military aircraft, they have been widely used for defence. Drones are particularly beneficial since they can perform high-risk missions without endangering human lives. Moreover, Morgan Stanley’s base case forecasts indicate that the autonomous urban aircraft industry (including drone delivery, flying taxis, military drones, and industrial worker drones) will be worth USD 1.5 trillion by 2040. According to the Federal Aviation Administration, there will be 835,000 commercial drones registered in the United States of America by 2025, about twice the number of commercial drones registered in 2020. Unmanned aerial vehicles (UAV), commonly referred to as drones, are defined as aerial vehicles that operate without the need for an onboard human pilot.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |