Shanghai (November, 28, 2017) — China’s manufacturing sector is predicted to return to another double-digit growth cycle for the next two years, according to a new report from Interact Analysis. Following a two-year slump in the sector where manufacturing output dipped below 3 percent, growth is predicted to reach 15 percent in 2017 and settle at a double-digit pace until the end of the decade.
The detailed research report found that commercial drone shipments are growing by 68 percent this year. Media and entertainment applications still hold the lion’s share and will consume 85 percent of this shipments; however, other industries including construction, building inspection and public safety are growing much quicker.
London (Aug, 22, 2017) — Global commercial unmanned aerial vehicle (UAV) revenues will reach $15bn in 2022, according to a new report from Interact Analysis.
UAVs or drones, which are currently best known for their use by the military are finding their way into countless commercial applications the research found. The industry is predicted to grow on average by 50% per year over the next five years, reaching $15bn in 2022, up from just $1.3bn in 2016.