Davydova Valeria, Faculty of International Economic Relations,

2nd –year Student, Financial University, Moscow, Russia

Abstract: Unmanned aerial vehicles (UAVs) is the systems without crew on board, flying either autonomously, or relying on teams from the ground have been becoming a new top of the world. The flow of these technologies into the civilian sector began in 2010. World sales of non-military drones have dramatically increased over the past seven years. According to PwC, the use of drones will continue to expand in a wide variety of areas, especially in agriculture, construction, transportation, security and entertainment. There are a lot of predictions about the future of kinds of drones, their using. Also, there are discussions about real necessity of using these robots.

Keywords: drone, drone market, market, innovations, statistics, economy, expectations, forecast, future.

As world is developing, so the diversity of using drones becomes broader. There machines were used for shooting weddings and Hollywood movies at first. And now the manufacturers of these devices bring their products beyond the limits of use by a narrow range of fans or for military purposes. In a booming sector cardinal changes are possible. New ways of using unmanned aerial vehicles appear almost every day: their use to deliver parcels, pizza and blood for transfusion, to search for mines, to fight fires and even to collect mucus tests in whales needed to protect this species of mammals.
The number of start-ups in the sector is growing day by day. Last year, a record number of deals was made, and the first quarter of 2017 continues this trend: 32 transactions with investors for a total of $ 113 million, calculated at CBInsights. The world drone market was worth of $10.2bn in 2015. The market is expected to grow to US$127bn by 2020. We can see that there are large expectations about «Drone market». This is connected with new inventions and with robotization of all branches of human life.
A lot of investments are going into the drone market because it is a very perspective branch. Some of the top investment were of Mavrx ($11.9 mn), Sky Futures ($ 11.8mn) and followed by others.
The top companies of drone are Parrot and DJI. The drone market is still evolving and will see a lot of technological advancement which will grow the market at a rapid pace. The size of the market and opening up of new industries for drone use will depend on how the government reaction and setting frame the regulation for drone use.
Nevertheless, analysts have already started talking about the fact that the consumer drones market has reached its peak, and few expect that this business will continue to grow at such a rapid pace. So, in California in January, Lily Robotics closed, and 3D Robotics switched to software, the French Parrot reduces staff.
On the other side, new companies appear and sellers of drones for personal use are aggressively fighting for a place in the market of commercial drones, says Gerald Van Hoy, Gartner senior analyst. According to forecasts of Gartner, this year 3 million drones will be sold and most of them - just in the consumer market. This is 39% more than in 2016, and revenue from sales could reach $ 6 billion.
The largest share of drone market for the end-use is in the infrastructure industry (figure 1). The drone demand for infrastructure industry was worth $45.2bn in 2015. The other major end-use market was agriculture worth of US$32.4bn followed by transport (US$13bn), Security (US$ 10.5bn), Entertainment (US$ 8.8bn), Insurance (US$ 6.8bn), telecommunication (US$ 6.3bn) & mining at US$ 4.3bn. The use of the drone in infrastructure occupies 36% of entire drone market while agriculture occupies 26%.

The main attention of drones manufacturers is going to be focuced on agriculture. Farmers use drones to spray pesticides, analyze soil composition and search for pests and diseased plants, and to assess moisture.
Agricultural drones have become so widespread, says senior analyst, that one of the startups announced: "We do not even look in the direction of agriculture - it's too crowded." Uerqvitz believes that every farmer must have his own drones. But there can be a market for drones as a service. And the market is likely to start grow startups, which will offer farmers services for the use of drones for different purposes.
Meanwhile, the future of the sector remains dependent on regulators. So, the US rule that your drone can only fly within your line of sight makes it impossible to use drones to check, for example, kilometers of power lines and immediately unload the collected data into cloud storage, explains Uerqvitz. "The problem is that today this can not be done. Today we need a guy with a van that will launch a drone within sight, then return it, sit in his van, drive forward, again launch a drone, etc., "he says. And this, in his opinion, creates a barrier for business growth in this area and the opening of new start-ups.
The prospect that the sky will become more open can change the outlook for the development of the entire industry as a whole and attract new players into it, the analyst points out: "If regulation changes and there is a real opportunity, companies will be able to easily develop their own production and compete with any supplier, and software ".
On the basis of the foregoing, there are statistics. The growth rate of use of drone will see a positive trend in Americas and APAC region from 2015 -2020.
The future of Drone Market is depend on the Government and its actions about regulating this part of the market. Nowadays, it is difficult to imagine our world without gadgets in the sky. Despite the fact that any application in the civil sphere (for personal or commercial purposes) has to overcome various legislative prohibitions, the popularity of drones in these markets has not diminished. The market as a whole will show significant growth, but the dynamics of personal and commercial use of drones will be significantly different.


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2) WHAT IS A DRONE: MAIN FEATURES & APPLICATIONS OF TODAY’S DRONES [electronic resource] - http://mydronelab.com/blog/what-is-a-drone.html
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