Drone makers see soaring growth but dark clouds circle industry
Updated: 2016-01-26 11:23
By Zhou Mo(China Daily)
The Ehang 184 autonomous aerial vehicle is unveiled at the Ehang booth at CES International on Jan 7, 2016 in Las Vegas. [Photo/Agencies]
A June 2015 report by big data analysis and ratings firm Analysys International shows the civil drone market in China is expected to grow 181 percent from 3.95 billion yuan ($600.4 million) this year to 11.09 billion yuan by 2018.
"The expected explosion of the civil drone market would be mainly due to demand for consumer-level drones," said Jean Xiao, a research manager at market intelligence firm IDC.