The Rise of China’s Drone Industry

The Rise of China’s Drone IndustryHow big is China’s drone industry? With an expected CAGR of 40.67% between 2017 to 2024, China’s drone industry is thriving. The country is the second largest drone market in the world and is expected to close the gap with the leading market USA in 2024. As the predicted total market value of the Chinese drone industry is over 180 billion yuan in 2025, the sector has turned into a profitable business. According to Drone Industry Insights, the Shenzhen-based company DJI is the top manufacturer of commercial drones, leading far ahead with an estimated market …