Drone firms fly higher with versatile models
1 year, 4 months ago

Drone firms fly higher with versatile models

The Independent  

Stakes are high and Chinese manufacturers of unmanned aerial vehicles, commonly known as drones, are seeking to fly higher with their latest models that are multipurpose and smarter, promising to grab as much share as possible of what is estimated to be a double-digit multibillion-dollar market globally already and set to grow further rapidly. A report from market tracker Mordor Intelligence said revenue of the global delivery drones market is expected to grow from $1.97 billion in 2023 to $11.66 billion by 2028, at a compound annual growth rate of 42.65 per cent. Employees introduce drones to potential buyers at a DJI experience store in Yantai in July 2023 Chinese e-commerce company JD said it has used innovative drone technology to reach consumers in some of China’s hard-to-reach remote areas. The industrial drone market has huge growth potential, said Yang Jincai, director of the Shenzhen Unmanned Aerial Vehicle Industry Association in Guangdong province. Justin Gong, co-founder of XAG, said agricultural drones have been widely used for spraying pesticides, sprinkling fertilisers and sowing seeds to help farmers improve efficiency and reduce costs.

History of this topic

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7 months, 2 weeks ago
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7 months, 4 weeks ago
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8 months, 1 week ago
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8 months, 1 week ago
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8 months, 3 weeks ago
Chengdu goes extra mile in UAV sector
9 months, 2 weeks ago
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9 months, 4 weeks ago
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9 months, 4 weeks ago
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11 months, 4 weeks ago
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1 year ago
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1 year ago
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1 year, 5 months ago
China cuts drone exports to US market, citing 'national security and interests' amid tech dispute
1 year, 8 months ago
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3 years, 1 month ago
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3 years, 4 months ago
Larger drones take skies by storm
4 years, 5 months ago
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5 years, 10 months ago
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7 years, 10 months ago
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7 years, 10 months ago
Drones drive intelligent agriculture[1]- Chinadaily.com.cn
7 years, 10 months ago
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7 years, 10 months ago
China e-commerce giant to build world's first drone delivery network
8 years, 1 month ago
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8 years, 4 months ago
DJI takes on US drone giant with latest airborne offering
8 years, 6 months ago
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8 years, 9 months ago
Shenzhen to become global driver of civilian drones
8 years, 9 months ago
China's drone market value to exceed $11b by 2025
8 years, 9 months ago
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8 years, 11 months ago
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9 years ago
Sky is the limit for drone manufacturers
9 years ago
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Fledgling UAV sector helps Chinese companies take off[1]- Chinadaily.com.cn
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