openPR Logo
Press release

Consumer Drone Market Share ,Size ,Trends & Analysis, 2017

Consumer Drone Market size is anticipated to witness growth during the forecast timeframe, owing to growing importance of drones-as-a-service and increasing use of unmanned aerial vehicles (UAV) to execute high-risk tasks. Technological advancements, such as geo-fencing and collision avoidance, that make drones flying safer, is expected to fuel consumer drone market growth.

The UAVs are of prime importance in military applications and battlefields. UAVs have gradually transitioned from being expensive technology and solely used in military applications to an easily accessible commodity, with variety of applications in commercial space. Reduced capital costs and improved maneuverability make drones an ideal alternative to legacy manned aircraft and humans. Low cost and wide range of applications such as aerial surveying, film/video making, mapping, surveillance, and environmental monitoring are anticipated to drive consumer drone market growth.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1590

Rising eminence of drone flying as hobby such as UAV racing and photography is expected to fuel consumer drone market growth over the future. New technology in electronics has attracted gaming enthusiasts to accept drones as new-found entertainment source along with organizing competitions. In addition, administrative support to permit drone flying for non-commercial purposes is expected to stimulate consumer drone market size.

Consumer UAVs are expected to gain prominence, owing to their ability for dynamic design concept and high-resolution video & image capturing. Midair photography aficionados are increasingly accepting drones in complimenting their hobby of capturing dynamic videos and images. Introduction of advanced gimbal systems and high-resolution HD 4K cameras are predicted to boost consumer drone market adoption in nature exploration and photography.

Surge in consumer drone market demand has resulted in creation of new government regulations to balance safety and innovation. Increasing government spending on advanced UAVs and upcoming favorable initiatives by European Aviation Safety Agency (EASA) and Federal Aviation Administration (FAA) is expected to drive consumer drone market growth.
Development of drones with hydrogen fuel cells, that conserve energy is an emerging trend in the market. This is expected to ensure longer flight hours. Enhanced flight capabilities and dynamic concept design of UAVs is expected to revolutionize electronics and gaming markets.

Factors such as smaller flight time due to short battery life and registration obligations, to regulate official drone registration certificate issuance are anticipated to restrain consumer drone market growth during the forecast period. Commercial and civilian drone face risk of liabilities regarding drone use in crowded spaces. Skilled drone operator shortage, privacy & safety concerns, and lack of adequate evidence supporting capabilities of drones is expected to restrain consumer drone market growth during forecast period. Maintenance and repair complexities and privacy concerns are expected to challenge market growth.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1590

Consumer drone market is segmented on the basis of type of products and applications. Based on type of product, consumer drones are classified as nano, multi-rotor, hybrid, and fixed-wing. Multi-rotor drones are expected to dominate market during forecast period, due to increasing use in FPV racing and aerial photography. Nano drones are anticipated to witness significant growth, owing to their cost-effective operations. Fixed-wing type is increasingly used in FPV racing. Their simple design with fixed wing across the top improves flight and speed distance. These are being deployed for coverage of large areas, such as mapping and aerial surveillance. Hybrid drones operating on solar power are used in various applications such as surveillance and mapping.

Based on applications, consumer drone market is segmented as toy/hobbyist, prosumer, and photogrammetry. Prosumer is expected to dominate the applications segment during period under study. Demand for drones in photogrammetry application segment is projected to increase significantly. Small low elevation drones offer advantage over aerial technology for photogrammetry. The consumer drone market is expected to gain momentum in hobby applications, particularly sports. DR1 Racing and Mountain Dew organized drone race in August 2016. The event used 12 of the world's top drone-racing pilots.

Asia Pacific consumer drone market is anticipated to witness substantial growth, owing to investment initiatives in China drone companies by U.S. investors. Additionally, strategies to build UAV production base in China to tap into developing industry is expected to surge industry growth
Some of the key consumer drone market players include Parrot, Yuneec Electric Aviation, DJI Innovations, 3D Robotics, Cheerson, Walkera, SkyTech, Boeing / Insitu, Hubsan, Northrop Grumman AeroVironment, Syms Toys, WL Toys, and Blade/Horizon Hobby. These players focus on new product development to integrate with technologies such as artificial intelligence and advanced positioning systems to make drones more powerful. For instance, renovation of consumer UAVs into flying smart devices platforms. These developments in the market are expected to increase product value, retain consumers' interest longer, and expand product lifespan.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Connect with us: Facebook | Google+ | LinkedIn | Twitter

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Consumer Drone Market Share ,Size ,Trends & Analysis, 2017 here

News-ID: 567506 • Views: 490

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases


More Releases for UAV

Global UAV Jammer Market Research Report 2025
This report studies the global UAV Jammer market status and forecast, categorizes the global UAV Jammer market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. sample copy of report : https://www.marketdensity.com/contact?ref=Sample&reportid=123825 Table of Contents 1 UAV Jammer Market Overview 1.1 Product Overview and Scope of UAV Jammer
Global Unmanned Aerial Vehicle Market (UAV)
Global Unmanned Aerial Vehicle Market (UAV) – Industry Analysis and Forecast (2018-2026) – By UAV Type, Application, Class, System, MTOW, Mode of Operation, Range, Point of Sale and Region. Global Unmanned Aerial Vehicle Market (UAV) was valued at US$ 20.68 Bn in 2017 and is expected to reach US$ 59.82 Bn by 2026, at a CAGR of 14.20 % during a forecast period. Global Unmanned Aerial Vehicle Market (UAV) The objective of the
Nano UAV Global Information 2019
Press Release – 29 Jan 2019 Research and Development News -- . . Latest Update "Global Nano UAV Market Research Report 2019" with Industries Survey | Global Current Growth and Future. ' ' The global Nano UAV market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Nano UAV volume and value at global level,
UAV Drones Market Report 2018
Global UAV Drones market intervention conducted by the research team to access information through various techniques. The UAV Drones data gathered here are being authenticated until the research is at the final point. Through this, the superiority and quality of the content provided in the UAV Drones report are being labeled as well data and UAV Drones statistics are made available are up to the mark and accurate. The
Solar-Powered UAV
Unmanned Aerial Vehicles (UAV) are aircrafts or drones that are remotely piloted from over a certain distance. Solar-powered UAV makes use of solar energy that is transformed into electrical energy with the help of photovoltaic cells. The electrical energy is then converted into kinetic energy which facilitates the movement of UAV. Solar-powered UAV are used in civil as well as military applications. Civil applications of solar-powered UAV are professional aerial
Unmanned Aerial Vehicle System Global Market For 2017: By Types - Fixed-wing UAV …
Researchmoz added Most up-to-date research on "Unmanned Aerial Vehicle System Global Market For 2017: By Types - Fixed-wing UAV, Rotary wing UAV, Flapping-wing UAV & Airship UAV" to its huge collection of research reports. This report studies Unmanned Aerial Vehicle System in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast