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Unmanned Aerial Vehicles (UAVs) already play an important role across a diverse range of commercial applications, from logistics to surveying and service monitoring. That role is set to grow as UAV technology develops. 

Drones play an increasingly important role in our lives. Whether it is delivering vital medical supplies to hard-to-reach areas, or providing a stunning aerial tracking shot in the latest movie blockbuster, Advanced and Urban Air Mobility (AAM and UAM) technology is here to stay. A May 2022 report forecasts the commercial drone market will increase in size from $8.15 billion in 2022 to $47.38 billion by 2029.   

UAM is set to be the next growth area for drone technology, providing safe, sustainable, automated airborne transportation systems for urban areas. Forecasters predict the UAM market will reach over $28 billion by 2030

This growth in AAM and UAM creates a wealth of opportunities and challenges for drone design, production, operation, and maintenance. Power sources alone offer a rich area for continual innovation and improvement.