According to a market research report recently published by Innova Research, the dominance of the top three drone suppliers, namely, DJI, Parrot, and 3D Robots, will face strong challenge from hundreds of new entrants, including big names such as Google, Amazon, and Alibaba, as well as a large number of smaller drone technology developers.
The global commercial UAV market revenues will grow at a 32.5% CAGR from 2014 to 2020, mainly attributing to the rapid adoption of the UAVs in various commercial applications. Among these application sectors, agriculture & forestry, mapping & GIS, power grid inspection, and oil & gas inspection are the fastest growing UAV applications in the next five years.
Innova Research published a new report, in which alternative solar technologies are analyzed and ranked based on a matrix analysis of key technologies indexes, patent publications, and M&A activities. The result shows that the winners among the emerging PV technologies are CIGS and HCPV, both are benefiting from their outstanding cost reduction potentials and the feasibility for massive adoptions.