The Federal Aviation Administration (FAA) recently released its two-decade Aerospace Forecast for fiscal years 2019-2039. While they've successfully predicted steady growth in the drone industry over the past five years, this latest annual update reveals that they've underestimated the phenomenal rate of adoption for unmanned aerial vehicles. 'A comparison of last year's data with this year's (2018) shows that the annual growth rate to be around 13 percent,' reads the report. 'This continues to ...
The FAA predicts the commercial drone market could triple in size by 2023
DP Review - 7 May 2019 20:09
The Federal Aviation Administration (FAA) recently released its two-decade Aerospace Forecast for fiscal years 2019-2039. While they've successfully predicted steady growth in the drone industry over the past five years, this latest annual update reveals that they've underestimated the phenomenal rate of adoption for unmanned aerial vehicles. 'A comparison of last year's data with this year's (2018) shows that the annual growth rate to be around 13 percent,' reads the report. 'This continues to ...
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