Is there still room for growth in the industrial application market?

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JIYI Robotics X650 Long Range Power Line Patrol Solution

It is reported that nearly three hundred thousand drones completed the online registration in accordance with the new requirements from Federal Aviation Administration. FAA has assumed that maybe more than seven hundred thousand drones are still unregistered.

DJI and their affordable consumer drones have done a large part in making the drone so popular and widespread. “Drones were usually for military use in the past,” co-founder John Chen from JIYI Robotics Co. said, “we should appreciate DJI’s efforts to make the public familiar with and interested in drones nowadays”.

The DJI Phantom 4
The DJI Phantom 4

DJI Innovations entered into consumer drone market several years ago. Last year, DJI’s turnover was estimated at one billion dollars, mainly exported to European and American markets, accounting for more than fifty percent of market share. The other two main competitors are France’s Parrot and America’s 3D Robotics, twenty percent and ten percent respectively.

The Parrot Bebop 2
The Parrot Bebop 2

 

3D Robotics Solo
3D Robotics Solo

However, some industry insiders say DJI is only a professional in consumer drone markets such as aerial photography. And there’re some other industries like crop spraying, survey and mapping, power line patrol, which have yet to make full use of drones to vastly improve operation efficiency.

There are currently many drone startups trying to enter into industry application markets. According to the report released by Goldman Sachs, the drone market will increase to five billion dollars through 2017, and industry application markets will account for fifty percent, which is a large market share, compared with the one third it comprised last year.

In addition, open platforms also be considered one of the potential business opportunities in the future. Open platform means a software system based on open standards to which a third party can integrate functionality without requiring modification of the source code. In this regard, DJI is extremely like APPLE Inc, a typical representative of a closed platform. The good news is that some companies are trying to provide an open platform.

JIYI Robotics X650 Long Range Power Line Patrol Solution
JIYI Robotics X650 Long Range Power Line Patrol Solution

JIYI Robotics is one example of a company engaged in providing a reliable open platform. They are also dedicated to providing industry application solutions. According to John Chen, co-founder of JIYI, they are confident of providing a total drone solution to clients on the basis of the open platform and core components like flight controller and 3-axis stabilization gimbal.

Elizabeth Ciobanu

I cover breaking news in the drone industry, interview experts in the field to learn from them for myself, and to help spread the love of drones.

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3 COMMENTS

  1. Because the US seems to have a suicidal love of primitives, our government is furiously trying to ban drone development and use.

    Any advancement in the industry is going to have to come from someplace else.

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