The drone sector is growing fast. By 2030, PwC estimates that drones will have contributed to a £42bn increase in UK GDP, £16bn in annual cost savings to the UK economy. There will be over 600,000 jobs in the drone economy.
Drones are already touching sectors of the economy far beyond aerospace and engineering. PwC estimates that seven sectors will see positive impacts of over 1% in sector GDP from drones – ranging from agriculture to retail.
Analysis carried out as part of the Flying High Challenge by Nesta, PwC and Glass2 has identified over 650 firms in the UK drone industry, including both technology and service firms operating in a range of sectors.
We have also identified over 400 public grants that have been awarded by Innovate UK, the Research Councils and Horizon 2020 to develop drone or drone-related technologies.
Since 2010, when there were only five operators licensed in the UK, the number of CAA approved drone operators has increased exponentially to 4,411 licensed operators as of 3 July 2018.