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The Global drone market is estimated to be $14 billion over the next decade: study

WASHINGTON (Reuters) – The global civil drone market, which is dominated by manufacturers in China will triple in size from $14.3 billion in revenue over the next decade, a study released on Wednesday said, even as the U. s. officials warn of national security risks.

FILE PHOTO: a DJI Inspire drone hovers during a drone training for the Somali police force in Mogadishu, Somalia, May 25, 2017. REUTERS/Feisal Omar/File Photo

The market, which is estimated to be $4.9 billion this year, it will be to take advantage of the gradual opening up of U.S. airspace, the Federal Aviation Administration, as well as increased usage by commercial companies, according to the study of aerospace engineering analysis firm Teal Group.

The report comes in the midst of increased concerns about the safety and security of the United States of america, and private companies in the u.s. and that Beijing could access sensitive data and images, collected by the Chinese-made drones.

The Chinese manufacturers are supplying three-quarters of the commercial and consumer markets through unit, said Phil Finnegan, a Teal Group analyst, the author of the study.

In May, the us Department of Homeland Security warned U.S. companies of the risks to the company, the data from the Chinese-made drones, according to a notice reviewed by Reuters.

A Chinese drone manufacturer DJI, which is in the midst of the criticism, and called to the security concerns as “false” and “wrong.”

DJI customers will have “full” control of their data, according to the spokesman, Michael Oldenburg, germany, in a telephone interview.

To be the leading market for drones, according to the study, it has been in the industrial control, which includes industries such as construction, energy and mining industries. They will use the drones to survey the sites, and transmission lines, among other things. Used in agriculture to spray on crops, and in the analysis of each of the fields in the second place, he said.

The armed forces of the united states in 2017 to be stopped by the use of the DJI drones. The Senate version of the National Defense Authorization Act includes a provision blocking the Department of Defense, the use of Chinese drones.

The Cape, a California-based company that sells drone software to create a number of different agencies, the law enforcement officials said on Wednesday that it would cease to be, with all the inclusion with the DJI and is the Chinese drone makers.

Report by Bryan Pietsch; Editing by Dan Grebler and Richard Chang

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