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How Drones Score in the European Market
Drones are all set to disrupt various industry verticals across Europe with promising returns in the long run.
FREMONT, CA: The European business landscape is under constant transformation. Firms are using technology to modernise their legacy systems. Drone technology is being viewed positively in the corporate as well as the industrial sphere. The applications of drones in business operations have widened in the past few years due to their ability to enhance the efficiency and data analytics capability of the firms. Smartphone components are used in drones, leading to a significant reduction in engineering and application prices. Various sectors, such as Europe's aviation industry and regulators are eager to widen commercial drone operations in the near future. Telecom is another such industry that can benefit significantly from drones. Here are some of the future drone trends striding in the European market space.
Potential for Telecom
Analysts predict that the proliferation of drones might offer European companies a new source of revenue. The rise in drone devices will result in the subsequent growth of data generated by these devices as well. Moreover, Unmanned Traffic Management (UTM) systems will need consistent communication between air traffic or other UTM services and drones. The massive data generated by drones will need to be communicated, thereby offering huge potential for the telecoms.
Autonomous Detection of Issues in Energy Grids
Drones are increasingly being used to keep the grid operational, thereby moving from reactive maintenance to a preventive maintenance approach. LIDAR and photogrammetry can be used to create digital models of the grid. Further, drones equipped with AI-driven tools can be used to monitor vegetation growth and spot failure modes and even take preventive maintenance responses.
Drones in Mining
Drones have reduced the time needed to do an open mine survey from two weeks to two days. Thus, the European mining sector is eyeing the potential of technology to streamline their processes. Drones can easily trace the difficult terrains and conditions prevalent in the mining sector. Further, mining regulations require that mines need to be monitored even when they are no longer operational. Drones can be used for the above application, thereby making the entire process cost-effective.Drones are set to revolutionise the European industrial space in the near future, along with some significant business implications for the firms.
See Also :- Top Drone Technology Solution Companies
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