Navigant Research Finds Pilot Projects Are Helping to Establish Safety and Reliability for Unmanned Vehicles Industry

Market players demonstrating safe, effective applications will be
key to the evolution of unmanned vehicle regulation and market growth

BOULDER, Colo.–(BUSINESS WIRE)–#Agriculture–A new report from Navigant
Research examines unmanned vehicle (UV) technology in the areas of
agriculture, logistics, asset inspection, emergency management, and
insurance, providing insight on the current and future regulatory
environment.

More industries are looking to UVs to collect visual information and
carry out complex tasks as a safer, cheaper, and more reliable
alternative to incumbent solutions. Although the majority of todayÔÇÖs UV
use cases are for asset inspection, aerial imaging, and agricultural
operations, improving technologies will be revolutionary for newer
applications that take advantage of beyond visual line of sight and
autonomous operations. Click
to tweet: According to a new report from @NavigantRSRCH,
current regulatory structures limit the ability to test and deploy
innovative UV services, but as UV pilot programs establish the safety
and reliability of the technology, regulations will likely adapt.

ÔÇ£Regulation has an important role in ensuring safety and protection of
the public good as these new technology solutions are trialed and rolled
out commercially,ÔÇØ says William Drier, research associate with Navigant
Research. ÔÇ£However, varying regulatory structures can also limit what
kinds of applications can be deployed, particularly for unmanned aerial
vehicles (UAVs).ÔÇØ

To succeed in this market, Navigant Research recommends companies
identify a true value proposition over current solutions. Developers
should prioritize specialized solutions for automating tasks, and be
conscious that demonstrating safety and reliability will be key to the
evolution of regulation and market growth, according to the report.

The report, Capturing
New Commercial Opportunities with Unmanned Vehicles, analyzes
the increasing prevalence and advancement of UV technology in
agriculture, logistics, asset inspection, emergency management, and
insurance, as well as how upcoming changes will affect the growth of the
market. The study provides commentary on the current regulatory
environment and how Navigant Research envisions the future of these
regulations and their impact on the UV market. It also identifies
opportunities for stakeholders to focus on and what lies ahead to both
be better adapted in the current market environment and facilitate the
adoption of commercial UV operations. An Executive Summary of the report
is available for free download on the Navigant
Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The teamÔÇÖs research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. NavigantÔÇÖs
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, NavigantÔÇÖs
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report, Capturing New Commercial Opportunities with Unmanned
Vehicles, is a summary and reflects Navigant ResearchÔÇÖs current
expectations based on market data and trend analysis. Market predictions
and expectations are inherently uncertain and actual results may differ
materially from those contained in this press release or the report.
Please refer to the full report for a complete understanding of the
assumptions underlying the reportÔÇÖs conclusions and the methodologies
used to create the report. Neither Navigant Research nor Navigant
undertakes any obligation to update any of the information contained in
this press release or the report.

Contacts

Navigant Research
Stefanie Bradtner, +49-221-270-70-142
[email protected]