From ‘DroneGate’ to air taxis and AI – the commercial drone industry is starting 2019 full of excitement. To help you navigate the drone markets this year, here are the trends, laws, tech and players to watch.
Drone service providers have been around for a while now – time to showcase the scale on which drones are being put to work today! The commercial drone market changed a lot over the last years – we saw how hardware lost its leading position and has been displaced by drone services and drone software solutions. This development can be seen in the evolutionary changes in the investment market and in the distribution of strategic partnerships.
Old and new leader of the drone company ranking is DJI (▷1). The Chinese platform manufacturer remains expanding both company portfolio and market presence. Toy manufacturer Parrot (▷2) defends rank two with solid distance to the newcomer Xiaomi on rank three.
There is a new leader of the TOP20 Drone Company Ranking – DJI (△+1) is in the lead with narrow margin to Parrot (▽-1). The eternal battle of the two giants for the first time turned towards the Chinese drone manufacturer.
Although the commercial unmanned aviation industry is still in its infant days, the market already presented a diverse range of fantastic hardware, software and operational products. These prerequisites connected, especially in the last two years’, many accelerator, early stage and also later stage investment companies with the market.
Besides several startups, a few operator firms came up with innovative concepts that seem to pay off. Between 2012 and 2014, $6.3 million were invested into professional operator companies. In 2015, the number increased by 700% to $44.3 million.
The race for the TOP20 is getting more and more exciting as the distance shortens between the competitors. As company activity and global reach increases (e.g. new products, funding, etc.), so does their overall score. Whenever new products are launched, funding rounds are completed or M&A’s successfully executed it has a measurable effect in terms of an increase or decrease in global company awareness.
Today, nobody doubts the monopoly position of the Chinese drone manufacturer DJI when it comes to the number of certified drones.
Besides the startups that we noted last week, there are of course many mature drone companies out there. About a year ago, some of them left the start-up phase to grow into a fast developing market. Undoubtedly, to be among the best you need a lot of money from people who believe in your vision.
Over the next three weeks, we will introduce you to the most successful hardware and software startups, mature drone companies and the latest market M&A activity.