Filed Under:Claims, Investigative & Forensics

U.S. says 7 million drones will take to skies annually by 2020

Annual sales of drones in the U.S. will hit 2.5 million this year. (Photo: Bloomberg)
Annual sales of drones in the U.S. will hit 2.5 million this year. (Photo: Bloomberg)

(Bloomberg) -- Annual sales of drones in the U.S. will hit 2.5 million this year and swell to 7 million by 2020, according to a projection from the Federal Aviation Administration.

Unmanned aircraft purchases are growing both for hobbyists and for commercial ventures that perform inspections, assist farmers, and survey construction sites, according to the agency’s annual forecast of aviation activity, released on Thursday.

While the FAA isn’t expected to issue regulations allowing commercial uses of drones until later this year, it’s granted more than 4,100 exemptions for businesses flying unmanned craft. The initial regulations would allow limited flights during the day and within sight of an operator on the ground, according to the agency. The agency expects to later issue regulations allowing flights over longer distances and for purposes such as delivering products to people’s homes.

Related: Drones are proving to be a valuable tool for adjusters

Are you following us on Facebook?

Copyright 2017 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Featured Video

Most Recent Videos

Video Library ››

Top Story

U.S. cyber insurance continues to grow, according to Fitch Ratings

The top 15 writers of cyber held approximately 83% of the market in 2016.

Top Story

Top 10 states for boat and other watercraft accidents & thefts

Make sure your insurance clients are covered for all their recreational boating adventures.

More Resources

Comments

eNewsletter Sign Up

Claims Connection eNewsletter

Breaking news on disasters, fraud, legal trends, technology, and CE initiatives for the P&C claim professional – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.