Global Consumer Drone Market is estimated to grow significantly in the forecast period owing to the increasing number of consumers encompassing the defense and entertainment sector. Consumer drones or UAVs are effectively navigated without a pilot on board the vehicle. They come in wide range of sizes and are extensively used for defense and entertainment purposes. Usually covering large areas like geographical surveys or wildlife poaching, consumer drones are paving the way for market growth.
Consumer drones market is majorly driven by integration of artificial intelligence and advanced machine learning algorithm. Moreover, increase in demand for UAVs stimulates the existing market players to use technologies such as geo-fencing and collision detection technology. These modernizations improve security, which makes the systems ideal for recreational and non-recreational uses. They also comply with the aviation authorities coupled with government initiatives and growing awareness are driving the consumer drone industry.
As compared to the military drones that are powered by solar energy, consumer drones run on batteries, which are expensive and need to be charged from time to time. This is expected to hamper the growth of consumer drone market. Additionally, strict regulations and security issues associated with drones are again obstructing the market growth. Gimbal, a payload holder attached to the drone, carries and stabilizes camera’s rotation and positioning to record smooth images and films. The growing efficiency of camera gimbals is a rising trend in the consumer drones industry.
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The market of consumer drone is categorized on the basis of product type, technology, application, and geography. On the basis of product type, the market is divided into rotary blade drone, fixed wing drone, and hybrid drone. The rotary blade drones leads the consumer drones market in the past and is expected to continue its dominance in future as well due to its characteristics like robustness, durability, and wide applications. Hybrid drones are also expected to gain popularity in the forecast period owing to its growing application in photogrammetry and features like long endurance flight, higher payloads and durability.
Based on technology, consumer drone industry is separated into semi-autonomous drone, autonomous drone, and remote-operated drone. Remote-operated drones are predicted to dominate the market of consumer drone owing to the stringent regulations imposed by aviation authorities for using drones for entertainment purposes. Autonomous drones are anticipated to grow progressively in the coming years owing to the advent of artificial intelligence in the UAVs.
On the basis of application, consumer drone market is split into defense purposes, aerial photography, and gaming and hobbyist purposes. Despite several applications in military and defense sector, drones are extensively used by hobbyists and gaming professionals. This can be attributed to the technological modernizations in the systems and growing number of photography and videography artists.
Geographically, consumer drone industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Owing to the growing adoption of drones for entertainment purposes, increasing investments, and government support, North America is expected to lead the market of consumer drone in the near future.
The major players in consumer drones industry include Autel Robotics, EHang Inc., Guangdong Cheerson Hobby Technology Co. Ltd, Parrot Drones SAS, 3D Robotics, Inc., Hobbico, Inc., Horizon Hobby, LLC,SZ DJI Technology Co., Ltd., Mota Group, Inc., and Yuneec International Co. Ltd.
Market Segment:
Consumer Drone Product Outlook (Volume, Thousand Units; Revenue, USD Billion 2013 - 2024)
• Multi-rotor
• Nano
• Others (Fixed-wing, hybrid)
Consumer Drone Application Outlook (Volume, Thousand Units; Revenue, USD Billion 2013 - 2024)
• Prosumer
• Toy/Hobbyist
• Photogrammetry
Consumer Drone Regional Outlook (Volume, Thousand Units; Revenue, USD Billion 2013 - 2024)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• MEA
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope and assumptions
1.3. List of data sources
Chapter 2. Executive Summary
2.1. Consumer drone - Industry snapshot and key buying criteria, 2013 - 2024
Chapter 3. Consumer Drone Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. Consumer drone value chain analysis
3.4. Consumer drone market dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.5. Key opportunities prioritized
3.6. Industry analysis - Porter's
3.7. Consumer drone key competitor analysis
3.7.1. Company strategy overview
3.8. Consumer drone market PESTEL analysis
3.9. Legal implications in consumer drone technology
3.10. Consumer drone- Role in the Internet of Things (IoT)
Continued…
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Global Consumer Drone Market is estimated to grow significantly in the forecast period owing to the increasing number of consumers encompassing the defense and entertainment sector.
They come in wide range of sizes and are extensively used for defense and entertainment purposes.
Usually covering large areas like geographical surveys or wildlife poaching, consumer drones are paving the way for market growth.Consumer drones market is majorly driven by integration of artificial intelligence and advanced machine learning algorithm.
These modernizations improve security, which makes the systems ideal for recreational and non-recreational uses.
They also comply with the aviation authorities coupled with government initiatives and growing awareness are driving the consumer drone industry.As compared to the military drones that are powered by solar energy, consumer drones run on batteries, which are expensive and need to be charged from time to time.
Additionally, strict regulations and security issues associated with drones are again obstructing the market growth.
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TheBusinessResearchCompany published its Consumer (Recreational) Drones Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global consumer (recreational) drones market.
The report covers the consumer (recreational) drones market’s segments- fixed wing drone, rotary blade drone, hybrid drone, hobbyist & gaming, aerial photography, remotely operated drone, semi-autonomous drone, and autonomous drone.Explore Complete Report https://www.thebusinessresearchcompany.com/report/consumer-recreational-drones-global-market-reportConsumer (Recreational) Drones Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=2500=smpDrone manufacturers are increasingly using artificial intelligence to enable automation of consumer drones.
Consumer drones that fly beyond the controller's range and line-of-sight are being equipped with self-navigating technology through the integration of deep-learning algorithms and other machine learning methods.
