Disaster Risk & Assessment Operations Creating Huge Opportunity for Drone Industry

If it seems that drones are being used in more public, private and military uses… its because they are! Disaster risk and assessment markets are growing rapidly across the globe. Safety drones present a significant market opportunity in search and rescue operations. These drones can be deployed quickly to locate missing persons in various terrains, including remote wilderness areas and disaster-stricken regions. The ability of safety drones to cover large areas rapidly and provide real-time video feeds enhances the chances of locating and rescuing individuals in distress. With the increasing demand for efficient search and rescue capabilities, safety drones offer a valuable solution to save lives and mitigate risks.

According to a report from Coherent Market Insights the Global Safety and Security Drones Market was valued at US$ 1,570 Mn in 2022 and is forecast to reach a value of US$ 5,886.4 Mn by 2030, exhibiting CAGR of 18.1% between 2023 and 2030.

The report said: "Safety and security drones are unmanned aerial vehicles (UAVs) or unmanned aircraft systems (UAS) that are designed and utilized for applications focused on enhancing safety measures and protecting assets and individuals. These drones are equipped with advanced sensors, cameras, and technology to support tasks related to public safety, emergency response, surveillance, and threat detection. The primary objective of safety and security drones is to provide situational awareness, aid in critical decision-making, and proactively address potential risks and security threats in various settings, including disaster management, infrastructure inspection, law enforcement, and industrial security. The safety and security drones market encompasses the manufacturing, distribution, and deployment of these specialized UAVs, catering to the needs of government agencies, private enterprises, and organizations seeking efficient and innovative solutions to bolster safety and security measures." Active companies in the markets this week include: Draganfly Inc., NVIDIA, Palantir Technologies Inc., KLA Corporation, Booz Allen Hamilton.

The report continued: "The primary driver for safety drones is the increasing focus on public safety. Safety drones play a crucial role in various applications, including search and rescue operations, firefighting, disaster response, and accident investigation. Their ability to access hard-to-reach or hazardous areas and provide real-time situational awareness makes them invaluable tools for first responders and emergency services. Global safety and security drones market is expected to witness significant growth during the forecast period (2023–2030). The market growth is majorly attributed to increasing adoption of drones in different applications such as defense, government, and land in the industrial sector. Moreover, favorable rules regulations for safety and security drones are expected to propel demand for safety and security drones across the globe."

Draganfly Inc. ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions, and systems developer, is pleased to announce that its president and CEO, Cameron Chell, will be presenting at an upcoming Webinar on "Disaster Risk Reduction in the Digital Transformation Age: Leveraging emerging technologies" on October 13, 2023, coinciding with the International Day for Disaster Risk Reduction.

This event is jointly organized by the World Meteorological Organization (WMO), the International Telecommunication Union (ITU), and the United Nations Convention to Combat Desertification (UNCCD) as part of ITU's webinar series on digital transformation. It focuses on the transformative ability of cutting-edge technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), Unmanned Aerial Vehicles (UAVs), digital twin, and the metaverse and their use in disaster management. This event will explore how these technological innovations can be used to mitigate and respond to natural hazards and disasters effectively.

Cameron Chell, CEO of Draganfly, will share expertise and insights on how Draganfly's drone technology has played a role in improving disaster management efforts, particularly in response to floods and wildfires. Draganfly's UAV platforms have bolstered disaster risk reduction by swiftly conducting aerial assessments, aiding in survivor search and rescue operations, mapping, and surveying tasks, and offering wildfire services, especially during hot and dry seasons.

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