Consumer Drones Market 2023 : Trends, Business Growth And Major Driving Factors | 3D Robotics, Cheerson, Parrot S.A, DJI, Yuneec, EHang, Airdog, GoPro, Guangdong Cheerson Hobby Technology

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

The Business Research Company's Consumer Drones Global Market Report 2023 identifies 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 market size of the global consumer drones is expected to grow from $8.74 billion in 2027 at a CAGR of 11.2%.

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Major players in the consumer drones market are 3D Robotics, Cheerson, Parrot S.A, DJI, Yuneec, EHang, Airdog, GoPro, Guangdong Cheerson Hobby Technology.

A key trend in the Consumer Drones market includes the Drone manufacturers are increasingly using artificial intelligence to enable the automation of consumer drones. Consumer drones that fly beyond the controller's range and line-of-sight are being equipped with self-navigating technology through the integration of deep-learning algorithms and other machine learning methods. Drones are usually controlled using a wireless remote controller.

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The Consumer Drones market is segmented -
1) By Type: Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone
2) By Technology: Remotely Operated Drone, Semi-Autonomous Drone, Autonomous Drone
3) By Application: Hobbyist & Gaming, Aerial Photography, Others

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Consumer Drones market.

The Business Research Company's "Global Consumer Drones 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 Consumer Drones Market Include:
1. Executive Summary
2. Consumer Drones Market Characteristics
3. Consumer Drones Market Trends And Strategies
4. Consumer Drones Market - Macro Economic Scenario
5. Consumer Drones Market Size And Growth
……
27. Consumer Drones Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Consumer Drones Market
29. Consumer Drones Market Future Outlook and Potential Analysis
30. Appendix

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