DRONELIFE Minute Survey: How Optimistic are Drone Companies Right Now?

In our most recent DRONELIFE Minute Survey, we asked some of our followers to share their outlook for business in the near future.

There are a lot of very significant drone business surveys, and a lot of very official forecasts for the drone industry.  The DRONELIFE Minute Survey makes no claim to be either – it’s a way for DRONELIFE to share some of the prevailing buzz that comes our way from readers on a variety of subjects, and for us to track changes over time on topics that we feel would be of interest to our readers and the industry. Recent surveys included pricing in the commercial drone space and the effect of the coronavirus on business at a point in time.

We asked the following question:  “As things open up after the coronavirus, how optimistic are you for your commercial drone business for this Summer?” 

Emotions like being optimistism or pessimism are affected by many things, a global pandemic among them: but the question also provides an insight into business inquiries or buzz that might turn into new contracts this summer – things that aren’t captured in reporting the numbers.

To keep it simple, we gave the following three responses:

Not at all. Tanking  🙁 About the same. Things are looking up 🙂

DroneLife Minute Survey: Near term outlook for the commercial drone space.

Here is what we found:

38.5%  Not at all. Tanking 🙁 26.9%  About the same. 34.6%  Things are opening up 🙂

It’s good news that the majority of people were either neutral or positive about the short term outlook.  But with slightly more than 1/3 of the total respondents pessimistic about the near term prospects for their own companies, it seems that the indutry still has some way to go for full recovery from the pandemic.

Drone companies have already demonstrated a willingness to step out into the unknown.  That nimbleness and flexibility may be just what it takes to survive after the pandemic.  “What’s needed is a return “muscle”: an enterprise-wide ability to absorb uncertainty and incorporate lessons into the operating model quickly,” says international business consulting company, McKinsey.  If anyone has the ability to absorb uncertainty, it’s our industry.

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