Visit our new website:

Game of Drones: Which industry will claim the throne?

  • Thu, 12 Oct 2017 17:30

You don’t have to be interested in drones to know that they are big business. Over the last few years the likes of Google, Apple and Walmart have all invested in Unmanned Aerial Vehicle (UAV) technology. In fact, just last week retail giant Amazon submitted patent plans for a drone that can recharge electric cars inflight, and earlier this year their plans for a ‘Drone Delivery Tower’ grabbed headlines. However, if you think the future of drones is just package delivery and hobbyist fun think again! UAV technology is making waves in almost every industry from transport and healthcare to security and entertainment.

Get The Timeless Reading eBook in PDF

Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.

A new graphic from RS Components offers a peek into the future by revealing some of the most exciting UAV technology currently being developed in key sectors.

According to the graphic we can expect to be travelling in autonomous taxi drones, be rescued by drone lifeguards and have homes built by concrete excreting UAVs all in the near future. If these examples are anything to go by then it’s no surprise that the drone industry is predicted to boom into a $ 100bn market within the next few years. Although it won’t just be drone manufacturers financially benefitting from the technology. It’s predicted that the use of UAVs in Construction, Agriculture and Transport alone will be worth a combined $ 56.5 billion as drones streamline workforces and day-to-day activities.

Despite the corporate appeal of drones there’s far more to their future than making big bucks for business. In recent years UAV technology has proved to be a great tool for life-saving services and have been embraced by search & rescue organisations, fire services and police units around the world. To date drones have saved at least 59 people from life-threatening situations, a number that’s sure to rise as their use increases.

As well as saving lives and providing key services, drones of the future will also play a big role in entertainment. They’re already creeping onto our TV screens with racing events growing all over the world, and now gaming companies like Edgybees and tech giants like Epson are getting in on the action with augmented reality.  

Whether you like it or not  UAV technology seem set to become part of our daily lives, with one billion drones predicted to fill our skies by 2030. So if the thought of drone postmen and UAV taxis fill you with dread be warned, the drones are coming and there’s nowhere to hide!


All sources can be found here.

UAV technology

The post Game of Drones: Which industry will claim the throne? appeared first on ValueWalk.



Daily Deal

Related Stories

Mobile phone and broadband services need 'radical improvement'
  • Mon, 18 Dec 2017 15:28

The head of the UK's Infrastructure Commission says mobile phone and broadband coverage is deplorable. BBC News - Business

U.S. taxpayers rush to claim deductions under threat from tax bill
  • Mon, 18 Dec 2017 13:33

NEW YORK (Reuters) - Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes befor...

Maverick Vinales Makes First Kilometres at the Kyalami International Race Track (Industry Press Releases)
  • Mon, 18 Dec 2017 12:42

Cape Town (South Africa), 14th December 2017 – Though the Movistar Yamaha MotoGP Team is still enjoying the off-season, Maverick Viñales couldn...

IPPR proposes creation of ‘shared market’ for UK and EU
  • Mon, 18 Dec 2017 12:27

The IPPR proposes a post-Brexit trade deal based on the UK and the EU sharing each other's markets. BBC News - Business

Sohn Brazil Conference: Ackman, Verde, Farallon And More – FULL NOTES
  • Mon, 18 Dec 2017 10:28

We continue our Sohn Brazil Conference coverage – Below is our full 42 pages of notes in PDF format. As a reminder, the following speakers pitched a...

Ray Dalio Transcendental Meditation has been “the single biggest influence”
  • Mon, 18 Dec 2017 07:30

Ray Dalio, one of the most successful hedge fund managers of all time, says that Transcendental Meditation has been “the single biggest influence”...

Zelda expansion, Death Stranding and other titles hyped at The Game Awards
  • Mon, 18 Dec 2017 06:41

 The Game Awards, an event that’s exactly what it sounds like, took place shortly ago and, like any gaming event, it was shot through with ...

How I Save Money on Kids’ Christmas Gifts Without Feeling Like the Grinch
  • Mon, 18 Dec 2017 06:28

I have three younger siblings, twelve cousins, and several assorted small children in my life whom I love, and we usually celebrate a big Christmas to...

'Game of Thrones' final season is 'bigger than it's ever been' - CNET
  • Mon, 18 Dec 2017 02:32

Take it from the King in the North: The HBO hit is coming back with a vengeance, though we still don't know when. CNET News

Cash controversy: The High Streets with too many ATMs
  • Mon, 18 Dec 2017 00:27

The cash machine industry and the network are at loggerheads over closure plans. BBC News - Business

ISIS claim Pakistan suicide blast that authorities say killed 7 church worshipers
  • Mon, 18 Dec 2017 00:08

A suicide bomber attacked a church packed with worshippers during Sunday service in Pakistan, leaving seven people dead and more than 20 others injure...

In Which I Run Several Possible Financial Scenarios, Including One Where I Qualify for a Health Insurance Subsidy
  • Sun, 17 Dec 2017 20:28

Photo by Roman Mager on Unsplash. Yesterday, my Do 1 Thing was to see if there was any possible way I could qualify for a health insurance subsidy....

News Categories