In the US, the Federal Aviation Administration (FAA), the regulatory agency governing US airspace, allows the use of drones in the energy sector since this sector involves fewer safety issues as energy devices are located especially in low population areas. FAA rules are designed to exploit the economic potential of drones without jeopardizing aviation safety since all operations conducted in civil airspace must meet minimum levels of safety. From a legal point of view, there are two possible approaches regarding the regulation of drones: the federal government can be responsible to regulate drones, or states can be responsible to regulate with the federal government being responsible to give general rules and uniformity to states’ regulations. According to FAA rules, public UAS operators can selfcertify, whereas, civil operators are certified by the FAA
The article cited AMA's "Global Public Safety Drones Market Study" explored CAGR of %. According to the report, Integration of Artificial Intelligence (AI) & Deep Learning with Drone to Automate Inspection Processes by the Use of Small Drone Software’s is one of the primary growth factors for the market. High Demand for Drones for Surveillance, Intelligence Gathering, Early Warning, Artillery & Gunship Guidance, and etc.
is also expected to contribute significantly to the Public Safety Drones market. Overall, Defense & Security
applications of Public Safety Drones, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User, such as Residential, is boosting the Public Safety Drones market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Public Safety Drones market identified that the demand is rising in many different parts of the world as "Increasing Number of Government Interests in Drone Adoption across Multiple Countries
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Public Safety Drones market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Public Safety Drones market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Public Safety Drones market size is calculated using market estimation process, the Public Safety Drones market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Public Safety Drones market size has been validated using both top-down and bottom-up approaches.