Are You Ready to Develop a Drones Strategy?

Drone technology and its use is one of the fastest growing sectors in the global economy. Sales of recreational and commercial drones are expected to grow from a base of $8.5 billion in 2016 to $12 billion by 2021 (41%). Drone-related industries are also expected to grow at similar rates.

AEC, and our project partner Aviation Projects, recently worked with a Queensland local government client that sees the development of a Drones Strategy as a key economic driver for its region. The aim is to be at the forefront of developing a vision and objectives to maximise economic and social benefits.

When considering your own situation and whether you can build a case to attract investment related to the drone industry there are lots of issues that need consideration.

For example:

  • Does your region offer any competitive advantages to attract drone-related business including political and organisational commitment?

  • Is your location and terrain suitable, offering differing natural environments and urban areas?

  • Drones and airports are not compatible so need to be effectively separated, so is there greenfield/ brownfield space available for drone-related uses?

  • Is there an available, trained and motivated workforce with supporting services to accommodate expansion and growth in drone-related activity?

A detailed and pragmatic investment attraction and sector development program will deliver real and tangible outcomes for the local area.

Key focus areas to consider include:

  • Having consistent and constructive policies supporting recreational and commercial drone operations.

  • Increasing community awareness about the benefits and use of drones including regulations and privacy rules.

  • Having the infrastructure needed to drive and support industry growth.

  • Having appropriate incentivisation, grants and promotion programs in place.

  • Making sure there is an effective collaboration and advocacy strategy in place to garner broader support.