The global market for Consumer Drones is estimated at US$5.2 Billion in 2023 and is projected to reach US$14.3 Billion by 2030, growing at a CAGR of 15.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the consumer drone market is driven by several factors. Firstly, technological advancements that improve functionality and reduce costs are making drones more accessible to a wider range of consumers and hobbyists. The increasing quality of onboard cameras and enhancements in stability and ease of control are particularly appealing for photography and videography enthusiasts. Secondly, the expansion of applications for drones, such as in event filming, agricultural monitoring, and even delivery services, is broadening the consumer base. Additionally, social media influence and the desire for unique content creation continue to push demand upwards as users seek new ways to capture and share experiences.
Finally, improvements in consumer awareness about drone capabilities and the clarification of legal frameworks around drone usage reassure consumers, making them more willing to invest in drone technology. Together, these drivers are catalyzing the rapid expansion of the consumer drone market, marking it as a key area of growth in consumer electronics.
The growth in the consumer drone market is driven by several factors. Firstly, technological advancements that improve functionality and reduce costs are making drones more accessible to a wider range of consumers and hobbyists. The increasing quality of onboard cameras and enhancements in stability and ease of control are particularly appealing for photography and videography enthusiasts. Secondly, the expansion of applications for drones, such as in event filming, agricultural monitoring, and even delivery services, is broadening the consumer base. Additionally, social media influence and the desire for unique content creation continue to push demand upwards as users seek new ways to capture and share experiences.
Finally, improvements in consumer awareness about drone capabilities and the clarification of legal frameworks around drone usage reassure consumers, making them more willing to invest in drone technology. Together, these drivers are catalyzing the rapid expansion of the consumer drone market, marking it as a key area of growth in consumer electronics.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Rotary Wing Drone segment, which is expected to reach US$12.4 Billion by 2030 with a CAGR of a 15.9%. The Fixed Wing Drone segment is also set to grow at 13.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2023, and China, forecasted to grow at an impressive 14.2% CAGR to reach $2.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Consumer Drones Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Consumer Drones Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Consumer Drones Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3D Robotics, Inc. (3DR), Autel Robotics, Guangdong Cheerson Hobby Technology Co., Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 47 Featured):
- 3D Robotics, Inc. (3DR)
- Autel Robotics
- Guangdong Cheerson Hobby Technology Co., Ltd.
- Guangzhou EHang Intelligent Technology Co. Ltd.
- Horizon Hobby LLC
- Mota Group, Inc.
- Parrot SA
- SkyTech Drones Sp. z o. o.
- SZ DJI Technology Co., Ltd.
- Yuneec International Company Limited
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- 3D Robotics, Inc. (3DR)
- Autel Robotics
- Guangdong Cheerson Hobby Technology Co., Ltd.
- Guangzhou EHang Intelligent Technology Co. Ltd.
- Horizon Hobby LLC
- Mota Group, Inc.
- Parrot SA
- SkyTech Drones Sp. z o. o.
- SZ DJI Technology Co., Ltd.
- Yuneec International Company Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 197 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 5.2 Billion |
| Forecasted Market Value ( USD | $ 14.3 Billion |
| Compound Annual Growth Rate | 15.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
