6 Companies That Will Control The Drone Market


BANGALORE:  In this highly advanced global village, unmanned systems are changing modern warfare and making many other tasks easier and safer. As such, it is most commonly associated with security and public safety missions and is also helping with everything from distance learning to scientific research.

Today, there are many companies that are mainly into developing and building drones to help reduce risk to both national security and human lives.

Here are 6 such companies that will conquer the Drone Market in the coming years as compiled by Christopher Harress for International Business Times.

The Boeing Company:

The world's largest aerospace company led by W. James McNerney, Jr., Boeing is a market leader in commercial jetliners as well as military aircraft. Over the years, the company's commercial sales have grown rapidly but military sales have not kept pace.

However, there's one massive growth market ahead for Boeing that is combat drones. Despite its leading position in the aerospace and defense markets, Boeing has only a small presence in the combat drone market.

Off late, the company has tested the hydrogen-powered Phantom Eye drone, which Boeing revealed that it can stay at 65,000 feet for up to four days without refueling.

It is also important to note that Boeing is in the drone market for quite a number of years and is all set to conquer the said market in the coming years too.

Also Read:
6 Most Terrible Big Data Practices To Avoid