Will Dajiang be listed in Hong Kong next year? Can UAV industry grow rapidly

 Will Dajiang be listed in Hong Kong next year? Can UAV industry grow rapidly

According to the official website of Dajiang, Shenzhen Dajiang Innovation Technology Co., Ltd. (hereinafter referred to as Dajiang UAV) was founded in 2006 by Wang Tao. The main business is consumer UAV system, handheld video system and robot education. The products are suitable for film and television, agriculture, real estate, news, fire fighting, rescue, energy, remote sensing surveying and mapping, wildlife protection and other fields.

The main product lines include: aceone series industrial unmanned helicopter flight control system and ground station control system, wookong-m series, Zen series, somersault cloud series, phantom series integrated multi rotor aircraft, etc.

During the financing process, Tianyan data shows that in January 2013, Dajiang obtained tens of millions of US dollars of Sequoia Capitals round a financing, and in April 2018, it obtained a strategic financing of US $1 billion. After the financing, the latest valuation of Dajiang is 16 billion US dollars.

Dajiang has become the leading enterprise in the field of consumer UAV.

According to Frost & Sullivan, Dajiang took 70% of the market share of consumer grade UAVs in 2015. According to public data, the revenue of Dajiang from 2015 to 2017 was 5.98 billion yuan, 9.78 billion yuan and 17.57 billion yuan respectively. According to the prediction of the board of directors of Dajiang, the revenue of Dajiang will reach 170 billion yuan in 2022.

In terms of growth rate, Dajiang said that the compound growth rate of 2012-2021 will reach more than 70%.

Data source: Dajiang financing materials

Dajiangs UAV industry is still in the stage of rapid expansion.

According to the data released by Gartner recently, the output value of UAV industry will exceed $400 billion in the next 10 years, according to Dongxing securities research paper. 5g application will further stimulate the growth of UAV demand. According to the data of CIC Research Institute, the compound annual growth rate of global industrial UAV market is expected to be 25% in the next five years.

However, there are also doubts about the development of Xinjiang. Dajiang has publicly said that after 2020, the consumer UAV market will reach saturation, with a growth rate of less than 10%.

All day science and technology once reported that an investor thought: Dajiang has always been relying on capital, is a down-to-earth technology and product company, can become the leader of the consumer market is commendable. However, we should also see the crisis behind this trend, and more importantly, how to break through the ceiling of growth after reaching the limit of share.

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