China’s civil drone market is expected to be worth more than USD14.8 billion in 2022

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According to the China Daily news service, China’s drone industry’s output value of the domestic drone market is expected to exceed 100 billion yuan (USD14.8 billion) this year.

“China, a key civil drones industrial base in the world, witnessed rapid growth last year, financial media outlet Yicai reported,” said the report. “Data showed there were more than 12,000 drone enterprises, with a total output value topping 87 billion yuan. In Shenzhen alone, there are over 1,500 drone makers, and the output value reached nearly 60 billion yuan. Consumption-type drones accounted for 70 per cent of the global total, while industrial-type drones grasped a 50 per cent market share.”

Data from the Civil Aviation Administration of China showed that by the end of 2021, there are 781,000 registered drone users, and the number of registered drones totalled 832,000. The world congress predicted that by 2024 domestic drone market is expected to be worth 160 billion yuan, including 45 billion yuan in geographical mapping, 36 billion yuan in agriculture, forestry and plant protection, 30 billion yuan in logistics and express delivery services, 26 billion yuan in powerline inspection and 23 billion yuan in security guard.

The government is putting more efforts to support a batch of leading companies to develop drone logistics, and release more low-attitude airspace resources.

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