Drone Demand

Drone Demand: The impact of COVID-19

Did the COVID-19 pandemic had a significant impact on drone demand? It depends on the people you are asking. COVID-19 pandemic is one of the greatest storylines in recent universal history, creating chaos for every industry in the world. The drone industry is no different.

Impact on Drone Demand

As per the statistics of 2020, around 15% of the worldwide drone companies saw an increase in drone demand. However, 43% of the companies saw a dramatic decline in this regard.  They feel that the lack of marketing work regarding their drone services was one of the reasons why they had to face a decline in this.

They do feel that the demands will rise again once they start working again consistently. There was a survey across 700 US-based drone companies comprising film-making, inspections, detections, and drone delivery. The majority of those companies stated that they were not satisfied with the demands of the drones.

The Hollywood was completely shut down since March. Therefore, there was a lack of drone usage in the camerawork and graphical montage. Furthermore, the federal government had imposed restriction on the real-estate facilities, which meant that the drone demand sank even further.

The wedding halls were getting close, which disabled the cameramen to use drones to cover the entire function. If we talk about the academic institutions, all the functions such as the convocation day, debating societies, sports days, etc. were all getting shut down, having an impact on the drone demand.

However, if there is one category that saw a significant rise in this regard, it was the drone delivery. All the drone delivery companies felt that the people were inclined to the social-distancing rules that the government had published. Therefore, they opted for drone deliveries to transfer their goods from one place to another.

As a result, there were many drone delivery companies that were working in full capacity. There were times in which the delivery was unable to take place as a result of a packed schedule that they had upfront.

Final Verdict

The COVID-19 pandemic has had a massive impact on the drone industry. The drone service providers feel that the drone demand has declined significantly in the past year as a result of the lack of planning and different priorities of the customers. However, they are optimistic that the fortunes can be changed in this regard once the world returns to normal.

Vaccine Awaits.

If your drone company has had a positive or a negative impact as a result of this pandemic, feel free to let us know in the comment section below.

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