Drone makers see soaring growth but dark clouds circle industry

2016-01-26 11:23

By (China Daily)

Drone makers see soaring growth but dark clouds circle industry

Photo taken on Sept 9, 2015 shows a Gimball, a drone that has the function of crash-proof, at the 2015 New Leaders Meeting of the World Economic Forum in Dalian, Northeast China's Liaoning province. [Photo/Xinhua]

Market analysts, however, are not that concerned. "The Chinese civil drone industry is still in its early stage of development. The number of civil drone makers is still very small. It is too early to talk about industry adjustment now," Xiao said.

Wu Xiuqian, a researcher from the Qianzhan Industry Research Institute, agrees. "I don't believe a period of adjustment will come in the short term.

"Big differentiation in consumption characteristics has not emerged yet. There will be huge market potential for both industry- and consumer-level drones."