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Consumer Drones Global Market Size is Expected to Grow $9.25 Billion at a CAGR of 8.1% By 2028 | Key Players: 3D Robotics Inc., Parrot S.A., Airdog Ltd., GoPro Inc., Hobbico Inc.
Consumer Drones Market
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.
The consumer drones market size has grown rapidly in recent years. It will grow from $5.72 billion in 2023 to $6.77 billion in 2024 at a compound annual growth rate (CAGR) of 18.2%. The growth in the historic period can be attributed to growing community, use cases diversification, remote sensing and surveillance, autonomous and ai features. The consumer drones market size is expected to see strong growth in the next few years. It will grow to $9.25 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.
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Major companies operating in the consumer drones market include 3D Robotics Inc., Guangdong Cheerson Hobby Technology Co. Ltd., Parrot S.A., SZ DJI Technology Co. Ltd., Yuneec International Co. Ltd., EHang Holdings Limited, Airdog Ltd., GoPro Inc., Hobbico Inc., Shenzhen Hubsan Technology Co. Ltd., Horizon Hobby LLC, Guangdong Syma Model Aircraft Industrial Co. Ltd., Walkera Technology Co. Ltd., ZEROTECH Intelligence Technology Co. Ltd., Autel Robotics USA LLC, Syma Toys Industrial Co. Ltd., Blade Helis, Holy Stone Enterprise Co. Ltd., JJRC Toy Factory, Potensic Technology Co. Ltd., Ryze Tech (Shenzhen) Co. Ltd., Snaptain, Altair Aerial LLC, Contixo Inc., Force1 RC LLC, GoolRC, Ruko Smart Co. Ltd., ScharkSpark, SGOTA, SIMREX Corporation, Tello, UDI RC, Shantou City Chenghai District Wisha Electronic Toys Factory (Visuo).
The slowdown in the use of commercial drones for outdoor activities and the unavailability of the workforce to carry out necessary operations owing to the COVID-19 outbreak are projected to limit the growth of the consumer drone industry.
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https://www.thebusinessresearchcompany.com/report/consumer-drones-global-market-report
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 Product/Service Analysis -Product/Service Examples
4. Consumer Drones Market Trends And Strategies
5. Consumer Drones Market - Macro Economic Scenario
……
68. Global Consumer Drones Market Competitive Benchmarking
69. Global Consumer Drones Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Consumer Drones Market
71. Consumer Drones Market Future Outlook and Potential Analysis
72. Appendix
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