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Consumer drones market is projected to grow at a CAGR of 6.09% during the forecast period, reaching a total market size of US$4.278 billion in 2024 from US$3.000 billion in 2018. These are widely adopted by the photography enthusiasts that is driving the consumer drones market growth.
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Consumer Drones Market Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, Consumer drones market is projected to grow at a CAGR of 6.09% during the forecast period, reaching a total market size of US$4.278 billion in 2024 from US$3.000 billion in 2018. Drones are the aerial vehicles or aircraft systems working in conjunction with onboard sensors and GPS systems that can be controlled remotely or through the use of the software. Drones are normally used for defense, military, and warfare, but in recent times its use in various fields such as photography, agriculture, and farming, construction, sports and racing, surveying, medical emergency, aerial delivery, mining, etc have opened up the drones market. With the use of drones in a vast majority of fields, the market seems to be very lucrative in the future.
Key Questions Answered By The Report • What will be Consumer Drones Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Consumer Drones Market? • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Consumer Drones Market are : • By Product Type • Fixed Wing Drone • Rotary Blade Drone • Hybrid Drone • By Application • Hobbyist & Gaming • Aerial Photography
Geography • North America • USA • Canada • Mexico • South America • Brazil • Argentina • Others • Europe • Germany • France • United Kingdom • Others
Geography • Middle East and Africa • Israel • South Africa • Others • Asia Pacific • China • Japan • South Korea • India • Others
COMPANY PROFILES • 3D Robotics Inc. • SZ DJI technology Co. • Autel Robotics • Parrot Drones SAS • Yuneec International Co. Ltd. • Horizon Hobby LLC • Shenzhen Hubsan Technology Co., Ltd. • Jianjian Technology Co. Ltd. • Guangzhou Walkera Technology Co. Ltd. • Ehang Inc.
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