Press release
FPV Drone Market Set for Explosive Growth: From USD 219 Million in 2023 to USD 1.48 Billion by 2030
The ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ was valued at USD 219 million in 2023 and is projected to grow at a CAGR of 31.38% from 2024 to 2030, reaching nearly USD 1480 million by 2030. This remarkable growth is attributed to expanding applications in industries such as filmmaking, agriculture, and infrastructure inspection, coupled with advancements in FPV drone technologies.๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
FPV (First-Person View) drones are lightweight unmanned aerial vehicles equipped with high-resolution cameras and advanced video transmission systems that provide users with a real-time first-person perspective. These drones are increasingly used in various industries due to their ability to capture dynamic, high-quality visuals and navigate challenging environments. The market is driven by the integration of FPV drones into emerging technologies such as virtual reality (VR) and interactive storytelling, which enhance user experiences. However, the market faces challenges such as regulatory compliance, safety concerns, and mandatory certifications for operators.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/fpv-drone-market/2350
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
The FPV drone market is driven by its growing adoption in filmmaking, agriculture, and infrastructure inspection. In filmmaking, FPV drones enable cost-effective and innovative aerial shots, enhancing creative possibilities for cinematographers. In agriculture, they assist in precision farming, crop monitoring, and pesticide application, leading to higher yields and reduced costs. For infrastructure inspection, FPV drones provide detailed real-time visuals, improving safety and reducing the need for manual inspections. Technological advancements in FPV cameras, enabling better image quality and real-time video feeds, further contribute to market growth.
๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Key trends shaping the FPV drone market include the integration of drones with VR technology, enabling immersive storytelling and interactive experiences. The rise of drone racing and aerial photography is boosting demand for high-performance FPV cameras. Additionally, the adoption of drones in agriculture for sustainable practices and precision farming is expanding the market scope. The North American region, led by the U.S. and Canada, dominates the market due to a supportive regulatory environment and innovations from major players such as DJI and Skydio. This region's strong consumer base and advancements in autonomous drone technology are expected to continue driving market growth.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/fpv-drone-market/2350
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's FPV drone market is growing rapidly due to the increasing adoption of drones in agriculture and urban planning. In 2023, drone-related investments rose by 18%, with companies like DJI and Agras playing a pivotal role in introducing affordable and efficient FPV drones for local farmers. The government's push for precision agriculture is expected to further bolster market growth.
๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's thriving tourism industry is driving demand for FPV drones, particularly for capturing immersive videos of scenic locations. The market witnessed a 14% year-on-year growth in 2023, with rising interest in drone racing and recreational activities. Companies such as Parrot SA and Walkera are expanding their presence in Thailand through collaborations with local retailers and drone enthusiasts.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Japan continues to lead in drone innovation, with FPV drones gaining traction in disaster management, infrastructure inspection, and entertainment. In 2023, the market grew by 16.5%, driven by advancements in AI-powered drones developed by companies like Sony and Skydio. The government's support for drone regulations has paved the way for wider adoption in industrial applications.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
South Korea's FPV drone market is bolstered by the country's leadership in technology and innovation. The government allocated USD 50 million in 2023 to promote drone technology in defense and logistics. Companies such as Hanwha Aerospace and Korea Aerospace Industries (KAI) are developing advanced FPV drones for both commercial and military applications.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Singapore's position as a smart city hub has accelerated the adoption of FPV drones for urban planning, security, and delivery services. The country's imports of high-performance drones increased by 20% in 2023, with significant contributions from companies like Autel Robotics and DJI Enterprise. Collaborative projects between local startups and international drone manufacturers are driving innovation.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
The United States is the largest market for FPV drones, accounting for over 35% of global revenue in 2023. The increasing use of drones in sectors like real estate, media, and defense has spurred demand. Major players such as Skydio, Teal Drones, and GoPro are leading the market with innovative features, including enhanced battery life and real-time video transmission.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Europe is witnessing significant growth in FPV drones, driven by the region's focus on sustainability and advanced logistics solutions. Countries like Germany, France, and the UK are investing heavily in drone technology. Companies such as Parrot SA and Volocopter are introducing eco-friendly FPV drones to cater to the growing demand for sustainable solutions in the logistics and agriculture sectors.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/fpv-drone-market/2350
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
By Components
FPV Goggles
FPV Cameras
Drone Kit
Flight Controller and accessories
Drone Transmitter and receiver
Drone Motor
GPS Modules
By End- User
Commercial businesses
Aerospace and Defense
Healthcare
others
By Application
Rotor Cross
Drag Racing
Time Trial
Others
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/fpv-drone-market/2350
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐ ๐๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
DJI
Autel Robotics
Eachine
Hubsan
Skydio
ImmersionRC
Parrot Drones SAS
Yuneec
iFlight
Diatone
GEPRC
Vannystyle
Skyzone
Ruko
Walkera Technology
InsideFPV
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
โฆDigital Agriculture Market https://www.stellarmr.com/report/Digital-Agriculture-Market/194
โฆMental Health Apps Market https://www.stellarmr.com/report/Mental-Health-Apps-Market/199
โฆSpeed Sensor Market https://www.stellarmr.com/report/Speed-Sensor-Market/200
โฆMachine Tools Market https://www.stellarmr.com/report/Machine-Tools-Market/204
โฆVibrating Screen Market https://www.stellarmr.com/report/Vibrating-Screen-Market/214
โฆIndustrial Automation Services Market https://www.stellarmr.com/report/Industrial-Automation-Services-Market/217
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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