The drone industry is sweeping across the globe, including China's global civilian market. Before 2019, the domestic and international drone industry had been expanding for several consecutive years, with a growth rate of over 50% in output value. By 2018, the global production of unmanned aerial vehicles reached 4.61 million, with an output value of 8.17 billion US dollars; The production of civilian drones has reached 3.088 million units, with a market size exceeding 40 billion yuan.
Chinese drones have developed into a globally advantageous industry, especially in the field of civilian consumer drones, occupying an absolute dominant position in the world, exceeding 70%.
A large number of new enterprises have emerged, and technology has settled in one after another. In the civilian field, new enterprises specializing in the field of unmanned aerial vehicles have emerged, such as DJI, Yihang, Yiwu, Jifei, Zero Degrees, 3D Robotics, Microdrones, Flytrex Sky, AscTec, Parrot, etc; At the same time, listed companies such as Tongyu Heavy Industry, Leibo Technology, Tongyu Heavy Industry, Leibo Technology, Longxin General Motors, Zongshen Power, AVIC Electromechanical, and AVIC Electronics have cooperated through independent research and development, mergers and acquisitions, production, education and research, and industrial chain extension to deploy civilian drones.
Due to trade frictions, production has suddenly declined, and the capital is very interested in industry level Chinese drone companies. In 2019, due to the impact of the China US trade friction, Guangdong, which accounted for over 95% of China's drone production, produced 2.0132 million civilian drones throughout the year, a year-on-year decrease of 34.5%. After becoming a machine, the main industrial categories in Guangdong have declined; But the global total production is still close to 4 million units.
In 2018, 30 drone companies in China alone received financing of over 8 billion yuan; However, the financing amount of drone companies has significantly decreased in 2019. The highest financing amount was raised by Yihang Intelligence, which went public in the United States on December 12, 2019, with a total financing of $46.4 million. Only a few companies, such as DroneDeploy, Zongheng Dapeng, Maifei Technology, Yunsheng Intelligence, can reach the billion yuan level. To a certain extent, it continues the recovery trend of 2018, but the number and amount of financing enterprises have significantly decreased. Compared with the past, most of the drone companies that received financing in 2019 were professional industry drones or Chinese companies with big data platforms and services, showing a trend of paying more attention to segmented fields.