AIA/Avascent Report Projects $30 Billion Annual Large UAS Market By 2036 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Wed, Feb 28, 2018

AIA/Avascent Report Projects $30 Billion Annual Large UAS Market By 2036

Growth Seen As 'Explosive' Over The Next Two Decades

The Aerospace Industries Association, in partnership with Avascent, has released a study projecting explosive growth in the global market for large unmanned aerial systems (UAS) over the next two decades. The report, “Think Bigger: Large Unmanned Systems and the Next Major Shift in Aviation,” shows large UAS represent a cornerstone of future aviation, changing the nature of travel, technology and transport, and the economies surrounding those markets.

Specifically, spending on large UAS is expected to rise from the low hundreds of millions today to $30 billion annually by 2036, driven by manufacturing and services for long-haul cargo and passenger aircraft. The report also shows that spending will sustain up to 60,000 research, manufacturing and service jobs annually by the end of that timeframe.

“We have got to think bigger when it comes to the future of unmanned aviation,” said AIA President and CEO Eric Fanning. “The future unmanned systems market will change the way we travel and transport products. We could see entirely new economic centers where they don’t exist today. It’s an incredible opportunity, if government and industry start now on the regulations and technology to realize that potential.”

This new market requires U.S. regulators to adopt a posture that both ensures safety and fosters commercial innovation. Recommendations for maintaining U.S. leadership in this developing market include codifying near-term needs for detect-and-avoid operations, autonomous certification and spectrum allocation; international harmonization of regulations and performance-based consensus standards; and modifications of civilian UAS-related export and trade restrictions.

“The biggest barrier to growth is the regulatory framework,” Fanning said. “Global competitors are working to seize the market from the United States, the country that invented this technology. These are American jobs and American opportunities. But we must start now on certification standards, exports, and spectrum to ensure they stay American.”

(Source: AIA news release. Infographic provided)

FMI: www.aia-aerospace.org/uasreport2018

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC