The global Consumer Drone Market size is projected to be
valued at USD 11.56 billion by 2030, with an estimated CAGR of 13.3% from 2023
to 2030, according to the latest report by Grand View Research, Inc. The market
is expected to expand significantly due to its widespread commercial and leisure
applications. Companies are using drone-acquired data to speed up service
delivery in their business operations. Evolution in in-flight controls and
technology, as well as advancements in portable video and camera technology,
have increased demand for consumer drones such as tiltrotors, multi-copters,
and helicopters. The development of cutting-edge technology that makes drones
safer, such as geo-fencing and collision avoidance, has led to a rise in the
use of consumer drones.
New developments in the manufacturing of
consumer drones have raised the demand for the product. The latest drone model
specifications include a higher range, faster speeds, navigation systems that
can be connected to the user's phone, and efficient, safe, and effective control
systems. Consumer drones are provided with all the components for the best
control systems and power efficiency by motor drivers, angle, position, charger
sensors, chargers, and regulators. These properties of consumer drone parts are
superior in performance and consume little power, positively influencing
consumer purchasing decisions.
The increasing popularity of drone racing and
drone photography competitions, as well as other initiatives that promote drone
flying as leisure, is also attributed to the market's expansion. Additionally,
the administrative authority which allows drones to fly for non-commercial
purposes in specific locations also promotes the expansion of the consumer
drone market. Consumer drone sales are expected to increase in regions like
North America and Europe due to the DIY developer drone, which includes
customized drone fabrication. In the upcoming years, factors including the
growing number of startup companies entering the UAV market in developing
nations like China are anticipated to fuel regional market expansion.
List of Key Players in the Consumer Drone
Market
- 3D
Robotics, Inc. (Kitty Hawk)
- SZ
DJI Technology Co., Ltd.
- Eachine
- Guangdong
Cheerson Hobby Technology Co., Ltd.
- Guangdong
Syma Model Aircraft Industrial Co., Ltd (Syma)
- Guangzhou
Walkera Technology Co., Ltd. (Walker)
- Yuneec
International Co., Ltd.
- SkyTech
Drone Sp. z o. o
- Horizon
Hobby, LLC
- Parrot
Drone SAS
- Shantou
Chenghai Weili Toys Industrial Co., Ltd. (WL Toys)
- JIANJIAN
TECHNOLOGY CO., LTD.
- Hubsan
Related
Press Release@ Consumer Drone Market Report
Consumer Drone Market Report Highlights
- Based
on product, the multi-rotor segment accounted for the majority market
share of over 69% in 2022. Multi-rotor drones are being utilized more
frequently in photography and racing. The main aspects of the rising
popularity of multi-rotor drones are their capacity to operate in
challenging environments and the development and integration of several
cutting-edge applications in these types of drones.
- Based
on application, the prosumer segment is expected to witness the highest
CAGR of 14.6%, owing to their increased application in gaming enthusiasts
to accept drones as their newfound source of entertainment
- Asia
Pacific accounted for over 31% of the overall industry share in 2022 and
is expected to emerge as a predominant region over the forecast period.
Increasing investment by Japan and China in producing multi-functional
drones for various applications is expected to drive regional industry
growth over the forecast period
Consumer Drone Market Report Scope
|
Report Attribute |
Details |
|
Market size value in 2023 |
USD 4,833.6 million |
|
Revenue forecast in 2030 |
USD 11.56 billion |
|
Growth rate |
CAGR of 13.3% from 2023 to 2030 |
|
Base year for estimation |
2022 |
|
Historical data |
2018 - 2021 |
|
Forecast period |
2023 - 2030 |
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Consumer Drone Market Segmentation
Grand View Research has segmented the global
consumer drone market report based on product, application, and region:
Consumer Drone Product Outlook (Volume, Thousand
Units, Revenue, USD Million, 2018 - 2030)
- Multi-rotor
- Nano
- Others
(Fixed-wing, Hybrid)
Consumer Drone Application Outlook (Volume,
Thousand Units, Revenue, USD Million, 2018 - 2030)
- Prosumer
- Toy/Hobbyist
- Photogrammetry
Consumer Drone Regional Outlook (Volume,
Thousand Units, Revenue, USD Million, 2018 - 2030)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia
Pacific
- China
- Japan
- India
- Australia
- Latin
America
- Brazil
- Middle
East & Africa
About
Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
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