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UAV Industry In The Eyes Of Venture Capital: Little Opportunity For Consumer Market

Posted :2020/6/3 15:14:23      Tags:Agriculture UAV Droneplant protection droneUAV Drone

From the end of 2016 to now, the agriculture uav drone industry has frequently heard the news of enterprise layoffs or closures, and the whole industry is filled with a pessimistic atmosphere of "life is not easy".

On April 10, when attending a media conference, reporters learned that after the second half of last year, the financing amount of agriculture uav drone began to plummet. Partners told reporters that at present, there is no opportunity for the market of consumer UAVs, and industrial UAVs are the next blue ocean. Taking plant protection UAV as an example, the market penetration rate of domestic agricultural plant protection UAV is less than 1%, and the market potential is huge.

In an interview with reporters, the founding partner also said that his company had invested in industrial UAV projects in the past few years, "at that time, it felt that there was no opportunity in the consumer market. It's hard to say whether the industrial UAV field can reach a "big area", because there are still many technical problems to be solved in the practical application of industrial UAV in the vertical field. "

Consumer UAV capital "fever down"
At the end of 2016, the UAV industry entered a painful period of "bubble squeeze". First of all, 3drobotics, a U.S. UAV company, has made layoffs, and has exited the consumer UAV market to transform into an enterprise market. In mid January, the Guardian reported that Lily robotics, a U.S. drone manufacturing company, was closed.

The reporter learned from the venture capital circle that after the second half of last year, the domestic UAV industry's UAV venture capital enthusiasm plummeted. According to the venture capital report, in the third quarter of 2016, the global UAV industry only received 13 investments totaling US $55 million, a decrease of nearly half compared with 13 financing totaling US $106 million in the second quarter, and a significant decrease compared with 12 financing totaling US $134 million in the third quarter of 2015.

Consumer UAV capital "fever abatement" started in the second half of 2016. Compared with 2014 and 2015, the amount of venture capital decreased by at least 70%. My observation is that, in fact, it may be worse. Because a series of failures are too many, the new consumer UAV projects have received investment almost unheard of.

It is understood that the consumer agriculture uav drone refers to the UAV for personal or family use, generally with shooting function; the industrial UAV refers to the UAV for public service of enterprises and governments, with different functions according to the needs of the industry. From a start-up point of view, there is little opportunity for the consumer UAV market.

Can industrial level create a "big area"?
The reporter learned that at present, industrial UAVs are attracting the attention of various capitals.
Miley also told reporters that his company started investing in industrial UAVs a few years ago. "Now, it's developing fairly well." He told reporters that the industrial UAV produced by the UAV company he invested has applications in the vertical industries such as traffic illegal grabbing on high-speed roads, oil pipeline patrol, electric power patrol and so on. Canon, the camera giant, recently announced that it would enter the UAV industry and launch an all-weather disaster prevention industrial UAV.

The reporter learned that agricultural plant protection UAV is an important vertical application industry of industrial UAV. Lai told reporters that compared with western countries with high degree of agricultural automation, China's market penetration rate of plant protection UAVs is still less than 1%, "there have been plant protection UAVs before, but due to many technical problems, such as the limitations of endurance, load and other technologies, the market penetration rate of UAV agricultural plant protection is still very small."

Miley told reporters that the technical threshold of industrial agriculture uav drone is high, which requires higher range, load and stability of UAV. He said it's hard to say if industrial UAVs can make another "big frontier" because there are still many practical technical problems to be solved when they are actually used in industry.

Lai also said that investment in industrial UAVs mainly depends on whether there are technical barriers. "The market of consumer UAVs is already the largest in Xinjiang. In the field of agriculture, the industrial UAV is still a "blue ocean". Everyone is in the stage of experiment. Who can run out depends on whose technology is strong enough. "

However, Miley also mentioned that investment in agriculture uav drone is now slightly overheated. "Everyone seems to be rushing in.

UAV Industry In The Eyes Of Venture Capital: Little Opportunity For Consumer Market

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