The drone market displays signs of future potential. We can say it is in a nascent phase now. The growth in the drone industry took place when drones were permitted to operate in the USA Federal Aviation Administration (FAA).

The new exemptions include its utilization in various industries including agriculture, construction, and insurance. Without any doubt, we can say there is a tremendous surge in the drone industry. In 2016 approx. 2.4 million commercial drones were sold for personal use. BI Intelligence estimate the sale of these aerial acrobats to be around $12 billion in 2021. Well, according to CAGR, the compound annual growth rate is $8.5 billion in 2016. The growth in the drone market has increased basically for Enterprise Drones, Consumer Drones and Government Drones. 80% of drones in the market are exported worldwide by Israel and the U.S for military purposes.

Moreover, with the advent of new upgraded drone models, the drone market is expanding. Now you can find a number of advanced models in the drone market. Some popular models of 2017 in the drone market are:

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PHANTOM 4

If you are looking for the best in the drone market it is Phantom 4. This amazing model was launched in March 2017 which is devoid of glitches and any obstacles. It has a 4K camera with which one can shoot high-quality photos and videos. This model is available in for $1,746.

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GoPro KARMA DRONE

It is another advanced aerial acrobat model yet to be launched in the drone market. It will without a doubt become one of the best drones in the market featuring a 4K camera and loads of advanced features.

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PHANTOM 3 4K

This drone is none other than the updated version of a quite popular drone Phantom 3. Most customers require a good camera to take high-quality shots. Keeping the users needs in mind the upgraded version has better cameras and more advanced modifications. The starting price of this stupendous drone is around $650.

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PARROT DISCO

This is one of the much awaited model which will be launched by the end of 2017. It can fly for 45 minutes with a top speed of 50 mph. They will come with an internal storage of 32 GB having a 14 MP camera. The price of this drone is yet to be disclosed. But it is revealed that it can be easily controlled using smartphones.

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AIR DOG AUTO-FOLLOW DRONE

It is another advanced aerial acrobat model yet to be launched in the drone market. It will without a doubt become one of the best drones in the market featuring a 4K camera and loads of advanced features.

Upcoming Upgrades of Drones

 

Amazon is one of the famous e-commerce websites and is working on a project of using drones named Amazon Prime Air. They want to make the things reach to people within minutes instead of waiting for days. 87% orders have weight less than 5 pounds. These drones will be capable to carry the order in the fastest way to the customers. However, it is not available now but will be available in the upcoming years in the drone market.

 

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Similar to Amazon, an Australia a textbook company called Zookal is working on a similar concept. They want to deliver the textbooks to their customers via drones. However, for this advanced service the drones won’t have to land. In order to navigate the drone, one should have a smartphone.

The upcoming models in the drone market will also play a supreme role in the military. With the concept of reducing the loss of innocent lives; the future models in the drone market will replace combat aircraft and will have small powerful weapons for conflicts.