Economic Sustainability

Economic Sustainability

The change in economics is constantly changing with the increasing advancement of technology. According to many agricultural specialists, 2015 is the start of something special for the Agriculture industry. 2015 is the start of the drone era for agriculture, and the projections on the agriculture economy look positive. Some analysts project a huge jump in the economy as well as an increase in jobs added. According to a recent survey by the AUVSI, the Agriculture sector is the largest market for the drone market accounting for 80% of all commercial use. The study also mentions that the total economic impact on agriculture spending on drones in Kansas, is projected to reach over $75 million with 772 job created in 2015. The same study by AUVSI also estimated that the economic effect of allowing agricultural drones into the national airspace would be above $2.3 billion dollars and would create 12,000 jobs in California. The AUVSI just recently published a report that estimates that drones could have a cumulative $82 billion economic impact on the USA between 2015 and 2025. There are conflicting reports that between 80% and 92% of the commercial drone economy are from agricultural use. This means that drone use could give the agricultural economy a boost from between $65.6 Billion to $75.44 Billion in the next ten years. The inclusion of drones for agricultural uses will help sustain and improve the agricultural economy for years to come.