How many drones are there in the USA? This webpage reports +2M for the first time ever in 2019, up from c. 750M in 2016. They estimate +$80B in revenue for “drones” by 2025. Read more in the report published March 12, 2019.
This is one of several fast-growing markets that use permanent magnets.
Read the article to learn more interesting information like, “90% of Commercial Mapping Still Occurs on Drone Models that Cost $1500 or Less – Drone Deploy Report”. How much of that $1,500 price tag includes cost of neodymium magnets used in the motor? What is the useful life of these drones and what do recycling efforts look like?