According to a new market research report published by Acute Market Reports “Consumer Drones Market (Product Type – Fixed Wing Drone, Rotary Blade Drone and Hybrid Drone; Technology – Remotely Operated Drone, Semi-autonomous Drone and Autonomous Drone; Application – Hobbyist & Gaming and Aerial Photography) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global consumer drones market is estimated to reach US$ 11,290.6 Mn in 2026 growing at a CAGR of 20.9% during the forecast period from 2018 to 2026.
“Increased Weight-Carrying Capacity and Better Control Driving Demand for Rotary Blade Consumer Drones”
In 2017, the rotary blade drones segment led the overall consumer drones market worldwide, contributing to nearly 85% of the overall market value in 2017. The segment expected to continue its dominance throughout the forecast period owing to factors such as high durability and robustness coupled with its wide application for photography and drone racing.
The use of drones has moved beyond its traditional application area which was earlier limited to the defense sector. The consumer drones market in this regards was among the first non-defense application area to have developed. The demand for consumer drones has taken off in the last couple of years and hobbyist drones have become a common sight. However, still there is plenty of room for the market growth.
One of the most prominent factors aiding the consumer drones market growth is the fact that these drones are widely adopted by photography enthusiasts. The application of drones for the purpose of photography has been one of the most exciting developments in the area of photography in the last two years. Moreover, the fact that the cost of drones has reduced significantly has further helped the market to flourish. However, the flying characteristics and the quality of camera on-board greatly depends on the price tag associated with the drone.
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In addition, ease of operation is another prominent factor aiding the consumer drones market growth. For instance, “Fly Straight Out of the Box” is a popular term in use in the world of drones which highlights the ease with which a drone can be flown. These factors in combination are expected to drive the consumer drones market growth in the years to come.
However, the existence of certain rules and regulations associated with flying a drone acts as a restraining factor for the market growth. Some of the common rules and regulations include limiting the maximum height, not flying over groups of people and restrictions over flying near airports, etc. Lack of proper training to fly a drone is another factor impacting the market growth negatively. As drones are often expensive, therefore proper training is required to fly a drone.
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With technological advancements, manufacturers of consumer drones are developing drones with increased weight carrying capacity and with enhanced controls. Some other technological developments witnessed in the consumer drones market include; developing drones with extensive camera controls in order to facilitate RAW capture, auto or full manual control and time-lapse, drone hovering in one spot with incredible stability and with RTH mode (automatic return-to-home) among others.
Some of the major players operating in the market include 3D Robotics, Inc., SZ DJI Technology Co., Ltd., Autel Robotics, EHang, Inc., Parrot Drones SAS, Yuneec International Co. Ltd., Hobbico, Inc., Guangdong Cheerson Hobby Technology Co.,Ltd, Horizon Hobby, LLC and Mota Group, Inc. among others.
Browse the full report “Consumer Drones Market By Product Type (Fixed Wing Drone, Rotary Blade Drone and Hybrid Drone), By Technology (Remotely Operated Drone, Semi-autonomous Drone and Autonomous Drone), By Application (Hobbyist & Gaming and Aerial Photography) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026” at https://www.acutemarketreports.com/report/consumer-drones-market
Historical & Forecast Period
This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.
The Global Consumer Drones Market is Segmented into:
|Segmentation||By Product Type (2016–2026; US$ Mn)|
|By Technology (2016–2026; US$ Mn)|
|By Application (2016–2026; US$ Mn)|
|By Geography Segment (2016–2026; US$ Mn)|
*Complete segmentation list is on report page
Key questions answered in this report
- What was the global consumer drones market size in 2017 and forecast for 2026?
- What are the current market trends in the consumer drones market?
- What are the various valuable opportunities for the players?
- Which are the bestselling consumer drone brands in the market?
- Which is the largest regional market for consumer drones?
- Which region expected to be the fastest growing and why?
- What are new products launched by the leading consumer drone manufacturers?
- What are the key strategies adopted by the leading players in market?
- What are the technological trends existing in the market?
Table Of Contents
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global CD Market
2.2 Global CD Market, By Product Type, 2017
2.3 Global CD Market, By Technology, 2017
2.4 Global CD Market, By Application, 2017
2.5 Global CD Market, By Geography, 2017
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global CD Market Value, 2016 – 2026, (US$ Mn)
3.2 Market Drivers
3.3 Market Restraints
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, By Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Consumer Drones (CD) Market Analysis, By Product Type, 2016 – 2026
4.1 Market Analysis
4.2 Rotary Wing
4.3 Fixed Wing
Chapter 5 Global Consumer Drones (CD) Market Analysis, By Technology, 2016 – 2026
5.1 Market Analysis
5.2 Remotely Operated
Chapter 6 Global Consumer Drones (CD) Market Analysis, By Application, 2016 – 2026
6.1 Market Analysis
6.2 Hobbyist & Gaming
6.3 Aerial Photography
Chapter 7 North America Consumer Drones (CD) Market Analysis, 2016 – 2026
7.2 North America CD Market Analysis, By Product Type, 2016 – 2026
7.2.1 Market Analysis
7.3 North America CD Market Analysis, By Technology, 2016 – 2026
7.3.1 Market Analysis
7.4 North America CD Market Analysis, By Applicatiom, 2016 – 2026
7.4.1 Market Analysis
7.5 North America CD Market Analysis, By Country, 2016 – 2026
Chapter 8 Europe Consumer Drones (CD) Market Analysis, 2016 – 2026
8.2 Europe CD Market Analysis, By Product Type, 2016 – 2026
8.2.1 Market Analysis
8.3 Europe CD Market Analysis, By Technology, 2016 – 2026
8.3.1 Market Analysis
8.4 Europe CD Market Analysis, By Applicatiom, 2016 – 2026
8.4.1 Market Analysis
8.5 Europe CD Market Analysis, By Country/Region, 2016 – 2026
8.5.4 Rest of Europe
Chapter 9 Asia Pacific Consumer Drones (CD) Market Analysis, 2016 – 2026
9.2 Asia Pacific CD Market Analysis, By Product Type, 2016 – 2026
9.2.1 Market Analysis
9.3 Asia Pacific CD Market Analysis, By Technology, 2016 – 2026
9.3.1 Market Analysis
9.4 Asia Pacific CD Market Analysis, By Applicatiom, 2016 – 2026
9.4.1 Market Analysis
9.5 Asia Pacific CD Market Analysis, By Country/Region, 2016 – 2026
9.5.4 Rest of Asia Pacific
Chapter 10 Rest of the World Consumer Drones (CD) Market Analysis, 2016 – 2026
10.2 Rest of the World CD Market Analysis, By Product Type, 2016 – 2026
10.2.1 Market Analysis
10.3 Rest of the World CD Market Analysis, By Technology, 2016 – 2026
10.3.1 Market Analysis
10.4 Rest of the World CD Market Analysis, By Applicatiom, 2016 – 2026
10.4.1 Market Analysis
10.5 Rest of the World CD Market Analysis, By Region, 2016 – 2026
10.5.1 Middle East and Africa (MEA)
10.5.2 Latin America
Chapter 11 Company Profiles
11.1 3D Robotics, Inc.
11.2 Guangdong Cheerson Hobby Technology Co., Ltd.
11.3 Parrot S.A.
11.4 SZ DJI Technology Co.
11.5 Yuneec International Co. Ltd.
11.6 Autel Robotics
11.7 SkyTech Drones
11.8 Hobbico, Inc.
11.9 Horizon Hobby
11.10 Mota Group, Inc.
11.11 EHang, Inc.
* CD – Consumer Drones
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