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Global Drone Camera Market 2023 - By Growth Factors, Applications, Regional Analysis, Key Players And Forecast 2032
Drone Camera Market
The Business Research Company's Drone Camera Global Market Report 2023 identifies increase in the use of drones in several industries as the major driver for the Drone Camera market's growth in the forecast period. Drones are any automated aerial aircraft that accept small orders from their pilots or depend on technology for autonomous flying. The increase in the use of drones in several industries like agriculture, construction, and the military is expanding the drone camera market as they increase accuracy, give safer alternatives for workers, and promote efficiency.
The global drone camera market size is expected to grow from $6.64 billion in 2022 to $8.67 billion in 2023 at a compound annual growth rate (CAGR) of 30.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 size of drone camera market is expected to reach $24.9 billion in 2027 at a CAGR of 30.2%.
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Major competitors in the Drone Camera market are Sony Corporation, Panasonic Corporation, DJI, GoPro Inc., Yuneec International, AeroVironment Inc, Yuneec, Teledyne FLIR LLC.
A key trend in the Drone Camera market includes product innovation. Major companies operating in the drone camera market are focused on developing innovative products to strengthen their position in the market. For instance, in April 2023, DJI, a China-based company that manufactures drones and uncrewed aerial vehicles, launched the DJI Matrice 350 RTK (M350 RTK). It is an updated flagship drone system that is more versatile, safer, and efficient for any airborne activity, including safety for the public, energy, mapping, infrastructure, and forestry, to mention a few. Other unique features include a payload capacity of 2.7kg and a maximum flying length of 55 minutes, giving operators a variety of payloads to accomplish their mission.
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The Drone Camera market is segmented -
• By Type: SD Camera, HD Camera
• By Resolution: 12 MP, 12 to 20 MP, 20 to 32 MP, 32 MP, and above
• By Application: Photography And Videography, Thermal Imaging, Surveillance
• By End User: Commercial, Military, Homeland security
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Drone Camera market.
The Business Research Company's "Global Drone Camera Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Drone Camera Market Include:
1. Executive Summary
2. Drone Camera Market Characteristics
3. Drone Camera Market Trends And Strategies
4. Drone Camera Market - Macro Economic Scenario
5. Global Drone Camera Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……………………………………
32. Global Drone Camera Market Competitive Benchmarking
33. Global Drone Camera Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Drone Camera Market
35. Drone Camera Market Future Outlook and Potential Analysis
36. Appendix
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