8 Best Drone Business Opportunities

best drone business opportunity

Having a drone means that you have a business opportunity that there are still not many competitors at this time, want to know what are the best drone business opportunities? Read this article to the end.

Drones, also known as unmanned aerial vehicles (UAV), are quickly becoming an indispensable tool in various industries. Although the drone industry in the US has been somewhat constrained by the Federal Aviation Administration’s slow pace of updating regulations, commercial growth of the industry grew from an estimated $40 million in 2012 to more than $1 billion in 2022. December 2022 McKinsey & Co. study. estimates the UAV market will “have an annual impact … on the country’s gross domestic product” of up to $46 billion.

As with most other technological devices, competition in the market continues to drive down drone prices and advance technology rapidly.

Affordable drones now exist that include features such as:

  • A 4K camera that can take high-resolution pictures and videos
  • Built-in GPS and autopilot, allows the drone to fly pre-programmed routes
  • Bluetooth capability
  • Avoid collision
  • Terrain follow (ability to maintain a consistent altitude when flying over uneven terrain)
  • Tracking on (automatically follows selected subject)
  • Ability to fly at 50 mph (80 km/h) or more
  • Safety, reliability, control distance and battery life features are also constantly improving.

If you are technically inclined and want to start a new business or have an existing business that could benefit from new technology, consider taking advantage of one of the latest trends and becoming a drone expert. Offering drone services on a contract basis can also be an ideal part time or home based business.

1. Photography

Before the development of drones, taking photos or videos from the air required very expensive aircraft or helicopter rentals.

With the advent of low-cost drones equipped with high-resolution cameras, aerial shooting is now easily affordable for photographers. Images and video taken from the air offer an unmatched perspective from the ground, and drones can operate safely at much lower altitudes and in more confined spaces than airplanes.

Photographers and filmmakers are now using drones to take high-quality pictures and videos from the air, such as:

  • Landscape
  • Sports events
  • Housing area
  • Weddings and other special events
  • Wildlife
  • Movie and TV subject
  • Security Surveillance

Home and commercial security is another area full of opportunities for the drone business. Drones can capture live video footage of home intrusions and transmit them to smartphones, as well as notify police if needed.

Drones can also help detect other threats to property such as fires and water leaks. Live video feeds from drones can be sent to a home or business owner’s mobile device, to a central monitoring facility, or directly to emergency responders.

2. Search and Rescue

Drones are becoming an indispensable tool in search and rescue organizations. In addition to the greatly reduced cost of drones than helicopters for aerial searches, drones can fly at night and reach areas where helicopters cannot travel.

Equipping the drone with infrared and/or night vision sensors allows search and rescue teams to detect missing persons by heat emission as well as visually, and the drone can deliver emergency supplies as needed.

Becoming a search and rescue drone operator or selling, renting, or equipping search and rescue drones has the potential to be very profitable while doing good deeds at the same time.

3. Building Inspection: Roof, Gutter, Chimney

Roof inspection by hand can be an involved, expensive and dangerous process, especially on multi-storey structures. However, with drone technology, building inspections can be carried out safely and inexpensively, making this a great drone business idea.

Drones can conduct close-up surveys of the exterior of buildings and provide high-resolution video of roofs, gutters, chimneys, and allow building owners to detect trouble spots in advance.

If you have a background in construction or building inspection, drone inspection services can be an ideal business or addition to your existing inspection services.

4. Agricultural Survey

Drones are revolutionizing agriculture. The ability to survey crops from the air with an inexpensive unmanned aerial vehicle equipped with multiple sensors allows farmers to collect an unprecedented amount of useful data, including information on:

  • Soil hydration
  • Variations in soil composition
  • Pest/fungus infestation

In addition, drone crop surveys can be carried out weekly, daily, or even hourly as needed. Accurate information enables optimal crop irrigation, fertilization and pest control. Reduce water and pesticide use and maximize crop yields.

5. Underwater Inspection

Drone technology is by no means limited to unmanned aerial vehicles. Submersible drones have been available for decades, but until recently were only affordable by large businesses or research institutes. Now underwater drones are available for less than $1,000, can be controlled remotely using a laptop or smartphone, and submerged to depths of up to 100 meters.

Submersible drones can be equipped with lighting and take high-resolution underwater images or videos for a small fee on a contract with a professional diver.

In addition to photography, underwater drones have many other commercial applications, including:

  • Environmental assessment
  • Search and recovery
  • Aquaculture
  • Underwater inspection (including tanks, pipes, hulls and propellers)
  • Marine research

6. Mapping and Surveying

Ground surveyors are increasingly turning to drones to obtain highly accurate digital survey data from the air at a fraction of the time (and cost) required by ground surveying teams.

Using base station reference data and GPS, specially equipped drones can collect three-dimensional cartographic information with accuracy within 1 to 2 centimeters after processing. Cartographic surveys are used in many industries, including:

  • Archeology
  • Construction
  • Flood and pollution monitoring
  • forest management
  • Mining and oil and gas
  • City planning

If you want to start a business in land surveying or cartography, drone services can be an ideal way to get a jump on the competition.

7. Drone Sales, Repair, Training and Customization

Drones are fragile devices that are prone to failure and damage, especially if misused. And even though prices have dropped significantly, most drones are still too expensive to just throw away.

If you are a drone expert and mechanically inclined to have knowledge of electronics, drone sales, repair, and customization can be a lucrative business for you.

In addition, drones require knowledge and skills to operate them safely, creating a demand for experienced drone instructors. If you have the skills, experience, why not offer your services as a coach?

8. Commercial, Industrial and Insurance Inspections

As with roof and building inspections, drones are increasingly being used in other industries to carry out inspections that are expensive or dangerous if performed by humans. This includes large and difficult-to-access structures such as:

  • Bridge
  • Cell towers and TV
  • Pipeline
  • power line
  • solar panels
  • wind turbine

Drones can also be used to survey damaged areas for insurance claims.

The more time spent on due diligence and initial preparation, the better your chances of starting a successful business — and that’s true for starting a drone business.

Do some initial market research: survey potential businesses and clients in your premises who might benefit from drone services. Find out if there are competitors. Is the market saturated?

If there seems to be a demand for drone services, write a business plan, even if you don’t need debt financing for start-up capital to run your business.