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Drone Camera Market market is expected to grow at a CAGR of 30.1% during the forecasted period | Evolve Business Intelligence
As per the study initiated by Evolve Business Intelligence, the global Drone Camera Market size accounted for USD 10.1 Billion in 2023, growing at a CAGR of 30.1% from 2023 to 2033. A drone camera refers to the camera mounted on an unmanned aerial vehicle (UAV), commonly known as a drone. Drones equipped with cameras have gained widespread popularity for various applications, both recreational and professional.Request/Download PDF Sample: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021556
The increasing popularity of aerial photography and videography for personal and professional purposes has driven the demand for high-quality drone cameras. Ongoing technological advancements, such as improved camera sensors, better image processing, and enhanced stabilization techniques, contribute to the continuous improvement of drone camera capabilities. Drones are finding applications in diverse fields such as agriculture, construction, surveillance, and environmental monitoring. This broadening range of applications increases the demand for specialized drone cameras tailored to specific needs. As technology matures and becomes more widespread, the cost of manufacturing drone cameras tends to decrease. This affordability makes drone cameras more accessible to a larger consumer base.
Key Players
Some of the major Drone Camera Market players holding high market shares include GoPro, Inc., Canon Inc., Controp Precision Technologies Ltd., and Aerialtronics DV B.V. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include DJI, Panasonic Corporation, Sony Corporation, DST CONTROL, FLIR Systems, Inc., and Garmin Ltd.
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Segmental Analysis
Based on type, the Drone Camera market is segmented into SD Camera and HD Camera. SD Cameras are the most common type of drone camera. They are typically used for hobbyists and recreational users who are looking for an affordable option. SD Cameras offer lower-resolution images, but they are still sufficient for basic photography and videography.
Based on application, the Drone Camera market is Photography and videography, Thermal Imaging, and Surveillance. Drone cameras are becoming increasingly popular for photography and videography. They offer a unique perspective that is not possible with traditional cameras. Photographers and videographers use drones to capture stunning images and videos of landscapes, architecture, and events
Based on resolutions, the Drone Camera market is 12 MP, 12 to 20 MP, 20 to 32 MP, and 32 MP and above. 12 MP cameras are the most common type of drone camera. They offer a good balance of quality and affordability.
Based on End Use, the Drone Camera market is Commercial, Military, and Homeland security. The commercial segment is the largest segment of the drone camera market. The growth of the commercial segment is being driven by the increasing adoption of drones for a variety of applications, including photography, videography, inspection, and delivery.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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