Consumer Drones Market Share Analysis & Global Report 2030

Consumer Drones Market Scope and Growth Factors -

The SNS Insider report indicates that the Consumer Drones Market was valued at USD 4.34 billion in 2022, and it is projected to achieve a market size of USD 19.71billion by 2030, with a compound annual growth rate (CAGR) of 20.8% expected over the forecast period from 2023 to 2030.

The drones are employed in public service projects, aerial photography and videography, internet access in remote areas, and the surveying and recording of animals. A few businesses mainly sell small drones for data collection, aerial photography, and agriculture.

Get Free Sample Report of Consumer Drones Market @ https://www.snsinsider.com/sample-request/1301

Key Players Covered in Consumer Drones market report are:

3D Robotics, Cheerson, Parrot S.A, DJI, Yuneec, EHang, Airdog, GoPro, Guangdong Cheerson Hobby Technology, Hobbico, Shenzhen Hubsan Technology, Horizon Hobby, Guangdong Syma Model Aircraft Industrial, Walkera, ZEROTECH, and others.

The multi-rotor drone has a greater payload capacity and can be utilized for a multitude of tasks. In many different areas, law enforcement also makes extensive use of multirotor drones. These have been viewed as an excellent replacement for payload carrier and inspection applications, which necessitate longer operation times, more accurate maneuvering, and the capacity to fly over challenging terrain.

Segmentation Analysis -

In 2022, the hobbyist/toy drone segment held the largest market share, approximately 65%. Of all the modern technological developments, drones are undergoing the most advancements. With the growing popularity of autonomous flying technology, some toy drones can now fly without operator guidance. With a market share of more than 69%, multi-rotor consumer drones are expected to have significant growth during the forecast period.

Consumer Drones Market Segmentation as Follows:

By Type
Rotary Blade Drone
Fixed Wing Drone
Multi Rotor Drones
Single Rotor Helicopter
Fixed Wing Hybrid VTOL

By Product
Multi-Rotor
Nano
Other Product

By Application
Aerial Photography
Hobbyist & Gaming
Construction
Agriculture
Other Applications

By Technology
Autonomous Drone
Semi-Autonomous Drone
Remotely Operated Drone

By Capability
passenger Drones
Cargo Drones

By Capacity
Up To 100 Kg
Over 100 Kg

Segmented by Region/Country:
North America
Europe
China
Japan
Asia Other

Get Free Quarterly Updates. Click on the link to enquire more @ https://www.snsinsider.com/enquiry/1301

Key Regional Development -

The majority of drone operators worldwide are located in North America. The US drone market receives the majority of its revenue from the military, defense, and commercial sectors. On the other hand, over time, consumer drone usage for aerial photography has increased. Additionally, a number of local vendors are introducing drones with cutting-edge technologies that will the market over the course of the projection. The growing is to blame for this. Recent changes to the region's drone laws are expected to encourage market growth.

Key Takeaway-

Due to its larger payload capacity, the multi-rotor drone can be used for a variety of purposes. Multi-rotor drones are also widely used in law enforcement across different regions. These have been seen as a superior substitute for payload carrier and inspection applications, which call for more precise maneuvering, the ability to fly over difficult terrain, and prolonged operation.

Recent Developments -

- In August 2023, India's first Unmanned Aerial Systems (Drone) Common Testing Center will be established under the Defense Testing Infrastructure Scheme (DTIS) by the Tamil Nadu Industrial Development Corporation, the nodal agency for the Tamil Nadu Defense Industrial Corridor implementation. According to a recently released official press release, the test center would enable the State to significantly contribute to the nation's self-reliance in the aerospace and defense sector. It would be built on a plot of land measuring approximately 2.3 acres at the SIPCOT Industrial Park, Vallam Vadagal near Sriperumbudur.

- In August 2023, the Indian Air Force unveiled its newest Heron Mark 2 drones, which are capable of conducting border surveillance along China's and Pakistan's borders in a single sortie and are equipped with attack capabilities. The four brand-new Heron Mark-2 drones, which can carry long-range missiles and other military systems, are based at a forward air base in the northern sector. The arrival of the Heron Mark-2 significantly improves the IAF's surveillance capabilities.

Table of Content - Analysis of Key Points

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 forces model
7. PEST Analysis
8. Consumer Drones Market Segmentation, By Type
9. Consumer Drones Market Segmentation, By Application
10. Consumer Drones Market Segmentation, By Technology
11. Consumer Drones Market Segmentation, By Capabilities
12. Consumer Drones Market Segmentation, By Capacity
13. Regional Analysis
14. Company Profiles
15. Competitive Landscape
16. Conclusion

Buy this Report @ https://www.snsinsider.com/checkout/1301

Contact Us:
Akash Anand - Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

About Us:
SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.

This release was published on openPR.