AUVSI Forecasts Economic Impact of UAS Industry

Ninety percent of the potential UAS market would be for “precision agriculture” and public safety.
A study commissioned by the trade group representing the unmanned systems and robotics industry forecasts that unmanned aircraft systems (UAS) will generate $13.6 billion in economic impact in the first three years after they are cleared to operate in the U.S. National Airspace System. It contends that the U.S. will lose $10 billion in potential economic impact every year that UAS integration in the airspace is delayed.

The Association of Unmanned Vehicle Systems International (AUVSI) released the study, “The Economic Impact of Unmanned Aircraft Systems Integration in the United States,” on March 12. The study authors are aviation industry consultant Darryl Jenkins and Embry-Riddle Aeronautical University professor Bijan Vasigh.

The study assumes that UAS will begin entering unrestricted airspace in September 2015, as specified by Congress in the 2012 FAA reauthorization act. “With that integration date on the horizon, we wanted to qualify the economic benefits to the unmanned aircraft industry of the United States in terms of job creation and economic impact as it results in expanded use of unmanned aircraft,” AUVSI president and CEO Michael Toscano said during a webcast to announce the findings.

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