
Drone firms fly higher with versatile models
The IndependentStakes 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

Low-Cost Drone Add-Ons From China Let Anyone With a Credit Card Turn Toys Into Weapons of War
Wired
Drone makers eye lion's share of global market
China Daily
Drones transforming farming in India, market to reach $631 million by 2030: Garuda Aerospace CEO
The Hindu
Sky’s the limit for Marut Drones
New Indian Express
China's real-name registered drones around 1.88m by June
China Daily
China's real-name registered drones around 1.88m by June
China Daily
Large cargo drone makes maiden flight
China Daily
China test-flies biggest cargo drone as low-altitude economy takes off
The Hindu
Measures expected to help civilian drones expand global outreach
China Daily
Drones soar into wider application in China
China Daily
Drones soar into wider application in China
China Daily
China's drone industry reports rapid growth in H1
China Daily
Chengdu goes extra mile in UAV sector
China Daily
Drone deliveries begin to take off in Shenzhen
China Daily
Drone deliveries begin to take off in Shenzhen
China Daily
China's low-altitude economy sees robust growth: report
China Daily
Chengdu emerges as drone hub in western China
China Daily
Chengdu emerges as drone hub in western China
China Daily
There is no dependency on China in UAVs manufacturing, Optiemus Chairman says
The Hindu
China cuts drone exports to US market, citing 'national security and interests' amid tech dispute
ABC
Making of India's drone economy
Business Standard
For makers of farm drones, the horizons are boundless
The Independent
Larger drones take skies by storm
China Daily
'We're Not Being Paranoid': U.S. Warns Of Spy Dangers Of Chinese-Made Drones
NPR![Drones drive intelligent agriculture[1]- Chinadaily.com.cn](/static/images/error.jpg)
Drones drive intelligent agriculture[1]- Chinadaily.com.cn
China Daily
Drones drive intelligent agriculture
China Daily![Drones drive intelligent agriculture[1]- Chinadaily.com.cn](/static/images/error.jpg)
Drones drive intelligent agriculture[1]- Chinadaily.com.cn
China Daily
Drones drive intelligent agriculture
China Daily
China e-commerce giant to build world's first drone delivery network
China Daily
Soaring industry needs some new ideas
China Daily
DJI takes on US drone giant with latest airborne offering
China Daily
Shenzhen to become global driver of civilian drones
China Daily
Shenzhen to become global driver of civilian drones
China Daily
China's drone market value to exceed $11b by 2025
China Daily
Drone maker says industry should not let one chip company dominate
China Daily
Drone maker says industry should not let one chip company dominate
China Daily
Drone maker DJI to launch nationwide farm services
China Daily
Sky is the limit for drone manufacturers
China Daily![China's risk-takers who rule the world[1]- Chinadaily.com.cn](/static/images/error.jpg)
China's risk-takers who rule the world[1]- Chinadaily.com.cn
China Daily
Chinese drone makers turning to farmland
China Daily
Drone maker DJI plans retail outlet in Shenzhen
China Daily
Drone maker DJI plans retail outlet in Shenzhen
China Daily
Intel Corp invests in drone maker
China Daily![Consumer drones are creating a buzz[1]- Chinadaily.com.cn](/static/images/error.jpg)
Consumer drones are creating a buzz[1]- Chinadaily.com.cn
China Daily
Chinese drone maker spreads wings in Latin America
China Daily
Chinese drone maker spreads wings in Latin America
China Daily![Fledgling UAV sector helps Chinese companies take off[1]- Chinadaily.com.cn](/static/images/error.jpg)
Fledgling UAV sector helps Chinese companies take off[1]- Chinadaily.com.cn
China Daily![Fledgling UAV sector helps Chinese companies take off[1]- Chinadaily.com.cn](/static/images/error.jpg)
Fledgling UAV sector helps Chinese companies take off[1]- Chinadaily.com.cn
China Daily![Drone maker soars to greater heights[1]- Chinadaily.com.cn](/static/images/error.jpg)
Drone maker soars to greater heights[1]- Chinadaily.com.cn
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