Case Study of Drone Training and Education Services Market Forecast, 2020-2027

Drones are the unmanned aerial flying vehicles that can work autonomously or can be operated remotely by using software-controlled flight plans embedded in their system. Drones are small in size and able to fly in remote locations, which can be hazardous to human life. Earlier, drones use was limited to military purposes; however, further developments in drones have evolved its use in commercial platforms such as surveying construction, professional videography, traffic management, and more. Drones provide safe & low-cost alternative to manned aircrafts. Therefore, drones are providing solutions in various industrial sectors in terms of applications, sensors, and software. At present, drone service providers are focusing on customizing or building drones in large range which can fulfilled customer's requirements. For instance, drones can be equipped with range of cameras & sensors as per their specific use.

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Major Market Players:
Edall Systems, PrecisionHawk, CYBERHAWK, Sky Futures, senseFly, Terra Drone Corp., Phoenix Drone Services LLC, DroneDeploy, AERODYNE GROUP, and Unmanned Experts Inc.

Increasing adoption of drones for its applications in training & education, development of industry specific solutions, and technological advancements in drones are some of the major factors that drive the growth of the drone training & education services market. However, lack of skilled & trained operators and safety concerns during drones' operations are restraining the growth of the drone service market. On the contrary, growing use of Internet of Things (IoT) applications in drones can further contribute in the growth of the global drone training & education services market.

Drones are impacting society, especially schools and modern educational system. Teachers are using drones to teach STEM (science, technology, engineering, and math) concepts to students. Numerous educators are using drones to engage students into writing programs which allow drones to conduct autonomous flights. Such use of drones is proving to be useful to teach computational thinking, and helping younger students in development of core skills such as fine & gross motor skills. In addition, usage of drone in education has giving positive signs as its improving retainability of knowledge in the students. Hence, adoption of drones in training & education service is driving the growth of the drone training & education services market.

Application
• Aerial Photography & Remote Sensing
• Data Acquisition & Analytics
• Mapping & Surveying
• Modelling
• Disaster Risk Management & Mitigation
• Inspection & Environmental Monitoring
• Others

Industry
• Infrastructure
• Agriculture
• Logistics
• Media & Entertainment
• Oil & Gas
• Utility & Power
• Security, Search & Rescue
• Mining
• Scientific Research
• Insurance

COVID-19 Scenario analysis:
• Due to COVID-19 situation, the research & development in drones' companies across the globe has been hampered due to the declared lockdowns and government restrictions on public gatherings.
• Production rate of industry specific drones making companies have been affected adversely due to COVID-19 situation.
• Demand of drones in training & education services has went down due to the restrictions imposed on education platforms such as schools & colleges, which has also affected drone training & education services market.
• Supply chain of drone spare parts has also been negatively impacted as travel restrictions were imposed in order to curb the transmission of virus.
• Post COVID-19, drone training & education services market can witness a significant growth as imposed restrictions have started loosening up.

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