— This is the script of CNBC's news report for China's CCTV on January 5, Monday.
The drone industry is getting ready for take-off.
Unmanned aerial vehicles or U-A-Vs are expected to create an 82 billion dollar business by 2025... according to the Association for Unmanned Vehicle Systems International.
But as commercial and even personal opportunities increase... so have the challenges. CNBC's Adam Bakhtiar reports.
From recreation to serious business, drones are moving from its military use... into the fields of farming, search and rescue, construction and real estate, and safety inspections. And the tech bigwigs all want to get in on the action.
Amazon's futuristic plan includes drone deliveries... in a service called Prime Air... And in July, it made a formal request to U-S aviation authorities to get testing underway.
While in August, Google unveiled its secret "Project Wing".
Not to be left out, Facebook has a team working on a wi-fi drone.
The massive solar-paneled craft... that's about the size of a 747... is intended to beam the internet down towards us earthlings.
The personal use of drones is increasing rapidly as UAV enthusiasts pick up these piece of hardware for recreational use.
[CHRISTOPHER ARMSTRONG, ARMSTRONG SKYVIEW] "For a lot of people it comes down to the initial interest which is the cool factor for a lot of people, you can have anything from your high sch kid which just think it's like the new phone app, filming of friends so now you can do that from another perspective, to someone who is a bit geeky and loves the idea of flight."
The rules for UAVs around the world however, appear to be a work in progress.
In the U.S., the Federal Aviation Administration continues to tweak rules on unmanned aircraft while slowly issuing licenses for commercial drones. Recreational flying is limited to aircraft weighing 55 pounds and they must remain in line of sight. While in the UK, permission is required for commercial purposes. Aircraft should also not be flown within 30 metres of any other person. And in Singapore's case, regulators have a 7 kilogram cap on its weight, and do not allow UAVs to fly higher than 200 feet.
Drone enthusiasts are yearning for regulators to 'get with the program'...
[CHRISTOPHER ARMSTRONG, ARMSTRONG SKYVIEW] "The understanding is one thing that needs to grow within hobbyists. And within the commercial side, I think the regulations need to be sort of very clear for different circumstances and different situations."
For now though, it seems the drone industry is set to soar.
Adam Bakhtiar, CNBC.