Consumer Drones Global Market Report 2023| Market Analysis, Forecast, Opportunities, and Growth

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the global consumer drones market report by The Business Research Company, the rising popularity of aerial photography is driving the consumer (recreational) drone market. Photography enthusiasts are increasingly using drones to capture photographs and videos from a birds-eye view, which would otherwise require high-end video cranes. This increase in popularity has led consumers to purchase hobbyist drones and use them for photography purposes, driving the market growth. According to the United States Federal Aviation Administration, there will be 3.5 million small hobbyist drones in 2021.

The global consumer drones market size will grow from $4.85 billion in 2022 to $5.72 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global consumer drones market size is expected to grow from $8.74 billion in 2027 at a CAGR of 11.2%.

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Major competitors in the global consumer drones market include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The global consumer drones market is segmented -
• By Type: Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone
• By Technology: Remotely Operated Drone, Semi-Autonomous Drone, Autonomous Drone
• By Application: Hobbyist & Gaming, Aerial Photography, Others

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The consumer (recreational) drone refers to unmanned aerial vehicles used for purposes of entertainment and have simple-to-use controls targeted at general public use rather than for commercial purposes.

The Table Of Content For The Global Consumer Drones Market Include:
1. Executive Summary
2. Consumer (Recreational) Drones Market Characteristics
3. consumer (Recreational) Drones Market Trends And Strategies
4. Consumer (Recreational) Drones Market - Macro Economic Scenario
5. Consumer (Recreational) Drones Market Size And Growth
……
26. Africa Consumer (Recreational) Drones Market
27. Consumer (Recreational) Drones Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Consumer (Recreational) Drones Market
29. Consumer (Recreational) Drones Market Future Outlook and Potential Analysis
30. Appendix

The "Global Consumer Drones Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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