The GITEX Tech Week Drone Industry Update31-May-2016
With the worldwide drone industry set to soar to US $8.4 billion by 2019, an expanding range of key industries are now looking for drone based hardware and software solutions to transform their business operations.
This demand was clearly evident at GITEX Tech Week 2015, when 72% of CXOs from a range of key industries all rated drones as an area of investment in 2016. Having hosted more than 22,000 successful meetings in 2015, drone technology became a major part of the US $64,000,000 procurement budget that was spent at GITEX in 2015.
So ahead of what’s set to become one of the largest gatherings of drone technology buyers at GITEX Technology Week 2016, below you’ll find a rundown of some of the latest industry news and developments across worldwide drone technology:
Image: Prime Air
Image courtesy of Amazon.
A recent survey has revealed that 33% of online shoppers would be willing to opt for delivery by drone if it could ensure they received their products more quickly, while 68% feel that faster delivery is the main benefit to drone technology in the retail industry. This consumer demand comes as Amazon, one of the world’s largest online retailers, unveiled details for its Amazon Prime Air drone delivery system. Amazon’s new system is designed to safely get packages to customers within 30 minutes, as well as increasing the overall safety and efficiency of the transportation system.
Image: BP Drones
Image courtesy of BP.
Studies have shown that commercial drones are capable of checking three-kilometres of gas and oil pipelines in only 30-minutes, compared to the seven days it would a human. This is why British oil and gas company BP recently received approval to deploy drones to monitor its Alaskan pipelines, where it hopes the technology will offer a number of potential benefits including monitoring pipelines, power lines and infrastructure while also responding to potential oil spills and environmental hazards.
Image: Delft University
Image courtesy of The Delft University of Technology.
Imagine if when you need it the most, a drone was able to deliver life-saving medical equipment which could increase your chances of surviving a cardiac arrest from 8% to 80%. Well that’s the plan of a team of researchers at The Delft University of Technology in the Netherlands, where they are developing an unmanned, autonomously navigating mini aeroplane that can quickly deliver a defibrillator to wherever it is needed. The team is hoping that a network of such drones could vastly increase the chances of survival following a cardiac arrest.
Image: Easyjet Drone
Image courtesy of EasyJet
The airline industry is betting that drone technology can offset an estimated US $2 billion annual costs from lightning strikes due to operating costs and passenger delays. European based budget airline EasyJet recently announced that it has successfully tested drones to inspect its aircraft for possible lightning strike damage. Using electro-optical, light detection and ranging sensors, the drones are able to correctly locate damage caused by lightning strikes, a process that is currently carried out manually by staff. The airline is hoping that the use of drones will reduce maintenance times and increase fleet efficiency.
Drone technology is helping government agencies to make easier informed decisions by limiting risks, reducing costs, enabling quick-response times and ensure accuracy. This is the view of the Dubai Electricity and Water Authority (DEWA) which has announced the expansion of its fleet of drone technology as part of its Sirb (Arabic for fleet) initiative. This new drone technology will be used to cover various domains including topographic surveys, improved operational efficiency, thermal inspection, photovoltaic panel maintenance and the early detection of overhead power lines.
Demonstrate how your drone technology could transform key industries at the GITEX Technology Week Drone Zone where the 50 of the best drone solution providers will have an exclusive audience with global industry leaders.
Claim your position as a thought leader on drone use with the GITEX Technology Week Tech Talks where 60 + sessions will be delivered across 5 days to a specially invited target audience.
Schedule one-on-one meetings with companies looking to adopt drone technology at the GITEX Technology Week Connexions Network with 150 + government buyers and 22,000+ meetings delivered in 2015.
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