Evaluating the Impact of Drone Technology on Operational Efficiency and Cost Reduction in Coimbatore's Real Estate, Logistics, and Construction Sectors: Challenges, Innovations, and Future Directions

Abstract

The study examines the impact of drone technology on real estate, logistics, and construction sectors in Coimbatore. It finds that drones improve site surveys, logistics costs, and inventory management efficiency. However, regulatory and public perception challenges hinder their widespread adoption. The study reveals that 34.1% of respondents view the current regulatory environment as "Very Challenging" and 50.8% are "Very Concerned" about privacy issues related to drone operations. Technological advancements in drones significantly impact efficiency, particularly in aerial photography and project planning. The study identifies three main factors influencing stakeholder perceptions: Operational and Cost Efficiency, Regulatory and Public Perception Challenges, and Technological Advancements. Future research should focus on longitudinal studies, sectoral analyses, and the development of supportive regulatory frameworks. Enhancing public awareness and encouraging technological innovation is also crucial for maximizing drone technology's benefits and facilitating better integration into industry practices.