DJI, a Chinese company founded in 2006, is the market leader in
recreational drones and is set to hit $1 billion in revenue next year. With a
product range that includes the Phantom 3 and the Inspire 1, their products are
widely used around the world in a number of different industries including
farming and policing. DJI’s devices have also been associated with the solution
to many natural disasters as drones can be used to hunt for hurricanes or
search for the cause of a forest fire and help to keep the fire under control.
Their products now offer customers high quality photo and video recording
abilities, efficient GPS systems and application support. An app provided by
DJI allows its customers to change settings on the drone to ensure the highest
possible picture quality, stream 4k (60fps) video straight to an iOS or android
device and access inflight telemetry.
It is believed that by the year 2025, commercial drones
could be
responsible for billions of dollars in the economy. Over 100,000 jobs will be
attributed to the drone market which in turn creates a significant amount of
money in tax and there are no signs of this slowing down anytime soon. The
industry is booming and that is exactly what a high-investment market needs.
The fact that these companies are doing so well means that they are able to
reinvest in bigger and better products with even more features which will, in
turn, help the market to grow even more. It is a never-ending positive cycle
that will not be broken while people have a healthy amount of disposable income.
Could it be long before these drones are being used without any human
involvement at all? The US Federal Aviation Administration (FAA) has predicted
that in just three years, these drones or quadrotors will be able to complete
jobs such as delivering parcels without any human oversight whatsoever. The
drone market is constantly changing and the rules and regulations are always
changing as a result. For now, drones can only be flown in a position where
they can be seen by the user but many industries want this law changed so that
they can use the quadcopters more efficiently. For example, a train company
wants to know exactly where the rail is broken which can be a tricky procedure
if the drone has to be in sight at all times. This is something that the FAA is
likely to consider as it can also help to save lives by preventing workers from
entering potentially dangerous situations.