Drones in the United Kingdom: A 10-Year UK Drone Industry Outlook
The year 2020 has been challenging, to say the least.
The human and economic toll of the global pandemic has had a lasting impact on us all. Hardly any industries in the UK have remained untouched by COVID-19. During lockdown, around 7.6 million jobs are at risk—a term used to encompass permanent layoffs, temporary furloughs, and reductions in hours and pay.
As a result, the UK’s GDP for 2020 is expected to shrink by 9 percent overall.
Is the Drone Industry a Saving Grace for the UK Economy?
As 2020 continues to wind down, a sense of relief can be felt as a challenging year is coming to a close.
While some industries — such as accommodations, food services, and retail — have significantly suffered, others have been more resilient. The UAV industry has fared relatively well in these trying times, and has a positive outlook for the coming decade.
Recent estimates project that, by 2030, drones will have a significant impact on the UK economy. The UAV industry is poised to increase the UK’s GDP by £42 billion and create a net cost savings for the economy of £16 billion.
Even more promising, given the furloughs caused by the pandemic, is the potential for job creation. By 2030, jobs within the UK drone industry should reach 628,000, with over 76,000 drones operating in British skies.
Why is the Drone Industry Growing So Much in the UK?
It is important to explore the reasons for this projected growth and positive economic contribution.
An understanding of the “why” will help you make the decision to investigate how you too can benefit from drones. The beneficial applications of drone technology produce cost-savings and improved efficiencies. The UK is taking advantage of several of these benefits to manage costs, lower risk, and improve safety.
The challenges of current conditions in the UK, and globally, will force many businesses and civic organizations to streamline budgets and innovate to stay alive.
Drones are one of the tools major industries are working with in the UK to do just that. Further expansion of their use is inevitable.
The UK’s oil and gas industry serves as an excellent example of why drones will continue to produce significant economic returns. Over the past 50 years, the industry has generated over 300,000 jobs, with around 60% of these staying within the United Kingdom.
The same period also accounts for an estimated £330 billion in production tax.
Cost management in the oil and gas industry is best illustrated through the reduction of downtime. Imagine the daily operations on an offshore oil rig.
These engineering marvels are capable of retrieving vast amounts of resources from the ocean floor. They require extensive preventative maintenance. Many of the areas that need to be inspected are very dangerous for people.
Flare stacks, which are used for burning off flammable gases released by safety valves, require frequent inspections. When humans inspect these structures, the system must be turned off.
Drones, on the other hand, can conduct these inspections while the stack is still live. In some cases, keeping the flare stacks live can save an estimated £4 million per day.
Detecting some issues before they become significant problems helps to lower risk. Drones are now being equipped with gas detection equipment to survey pipelines and other structures with pressurized gases.
Early detection saves lives, reduces repair costs, and prevents major environmental disasters.
Drones have a positive impact on safety by reducing human exposure to unsafe conditions. Working at heights is one of the most significant contributors to workplace death and injury in the UK. Drones can inspect equipment hundreds of meters high without any risk to people.
Bringing It All Together
Benefits such as those listed above are by no means unique to the oil and gas industry. Many of the UK’s largest industries, such as utilities, public defense, health, agriculture, and construction, benefit from UAV technology for similar reasons.
Additional positive benefits for the UK, which also translate into increased UAVs utilization, can be seen in applications that benefit British citizens. Drones are seeing use by law enforcement, emergency medicine, and research.
Drones that transport medical supplies during a pandemic, such as those on the Isle of Wight, serve the greater good. Additionally, they create jobs and increase productivity.
These examples illustrate why drones are projected to have such a lasting and significant impact on the UK’s economy. With a growing list of use cases and more businesses taking a look at how they too can benefit from UAV technology, drones in the UK have a bright future for the coming decade.
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