Consumer Drones Market Expansion Outlook: $9.7 Billion in 2029

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What Is the Projected CAGR for the Consumer Drones Market from 2024 to 2025?
In recent years, the size of the consumer drones market has seen swift expansion. It is anticipated to swell from $6.77 billion in 2024 to $7.96 billion in 2025, yielding a compound annual growth rate (CAGR) of 17.7%. This substantial expansion during the historic period is primarily ascribed to the burgeoning community, greater diversification in its use cases, remote sensing and surveillance, as well as autonomous and AI features.

What are the Expected Market Size and CAGR for Consumer Drones by 2029?
The market size of consumer drones is predicted to witness substantial growth in the coming years. It is projected to rise to $9.7 billion in 2029, with a compound annual growth rate (CAGR) of 5.1%. The increase during the forecast period can be credited to factors like e-commerce and delivery, environmental and agricultural use, drone swarms, connectivity, and data sharing. Key trends during this forecast period will be enhanced battery technology, noise reduction, advanced camera technology, and technological progress.

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Which Factors Are Driving the Global Consumer Drones Market Expansion?
The growth of the consumer drone market is anticipated to be driven by expanding demand in the agricultural sector. Farming involves soil cultivation, crop growing, and animal husbandry, all of which can greatly benefit from the detailed data obtained through the use of consumer drones. By offering in-depth details about crops and livestock, drones help farmers make better decisions and enhance their farming processes. For example, the Department for Environment Food and Rural Affairs, a government department in the UK, reported that in 2022, agriculture added a whopping £13.9 billion (or about $17.4 billion USD) to the UK economy in terms of Gross Value Added (GVA) at the basic price. This was 0.6% of the country's GDP and represented a £1.8 billion (approximately $2.25 billion USD), or a 15% jump from 2021. This increasing reliance on agrarian income signifies the growing demand in the agriculture sector, which in turn, propels the consumer drone market's expansion.

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Which Segment Currently Holds the Largest Share of the Consumer Drones Market?
The consumer drones market covered in this report 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 And Gaming, Aerial Photography, Others

Subsegments:
1) By Fixed Wing Drone: Small Fixed Wing Drones, Medium Fixed Wing Drones, Large Fixed Wing Drones, Other Fixed Wing Drones
2) By Rotary Blade Drone: Single Rotor Drones, Multi-Rotor Drones (Quadcopters, Hexacopters, Octocopters), Other Rotary Blade Drones
3) By Hybrid Drone: Vertical Take-Off And Landing (VTOL) Drones, Fixed Wing And Rotary Blade Hybrid Drones, Other Hybrid Drones

Which Major Trends Are Shaping the Future of the Consumer Drones Industry?
Leading firms in the consumer drone market, such as SZ DJI Technology Co. Ltd, are introducing inventive devices like Mini 4 Pro to enhance customer experience. A user-friendly drone, the Mini 4 Pro, which comes with an integrated DJI Fly app, frees users from the need to use their smartphones during flight. This mini-camera drone, which was introduced by the China-based tech firm in September 2023, possess unique capabilities such as Large-Angle Tilt, True Vertical Shooting, Digital Zoom, DJI O4 FHD digital video transmission system, omnidirectional obstacle sensing, upgraded ActiveTrack 360°, an enhanced camera sensor, and Intelligent Flight Battery. These features make it a flexible and powerful tool for adventure enthusiasts.

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Which Key Players Dominate the Consumer Drones Industry Globally?
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)

What Are the Fastest-Growing Regions in the Consumer Drones Market?
North America was the largest region in consumer drones market in 2024. North America is expected to be the fastest growing region in the global consumer drones market during the forecast period. The regions covered in the consumer drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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