How Has the Consumer Drones Market Evolved Historically and What is its Current Size?
The consumer drones market has seen considerable growth due to a variety of factors.
• In recent times, the consumer drones market has seen fast-paced expansion. Its size is expected to swell from $6.64 billion in 2024 to $7.84 billion in 2025, marking a compound annual growth rate (CAGR) of 18.1%.
Factors contributing to the surge during the historical period include the enlargement of the user community, diversification of use cases, contribution of remote sensing and surveillance, and the adoption of autonomous and AI functionalities.
What Does Future Hold for The Consumer Drones Market By 2029?
The consumer drones market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of consumer drones is anticipated to experience a consistent increase in the coming years, reaching $9.32 billion by 2029 with a compound annual growth rate (CAGR) of 4.4%.
This predicted expansion in the forecast period can be related to various factors such as e-commerce and delivery applications, environmental and agrarian uses, drone swarms, as well as connectivity and data sharing. Key trends to look for during this forecast period include enhancements in battery technology, noise suppression, sophisticated camera technology, and technological advancements.
What Are The Primary Growth Drivers In The Consumer Drones Market?
The rise in demand in the farming sector is predicted to fuel the advancement of the consumer drone market. Aspects of agriculture, such as soil cultivation, crop production, and livestock management, have all been positively affected by consumer drones. These drones give a detailed overview of crops and livestock, allowing farmers to make better decisions and optimize their farming processes. For instance, data from the Department for Environment Food and Rural Affairs, a department in the UK government, reveals that in 2022, agriculture provided £13.9 billion (approximately $17.4 billion USD) toward the UK economy's Gross Value Added (GVA) at basic prices, which accounts for 0.6% of the nation's GDP. This represents a significant increase of £1.8 billion (around $2.25 billion USD), equivalent to an increase of 15%, compared to 2021. As a result, the rising demand in the agricultural sector is facilitating the expansion of the consumer drone market.
What Is The Segmentation Of The Global Consumer Drones Market?
The consumer drones market covered in this report is segmented –
1) By Type: Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone
2) By Technology: Remotely Operated Drone, Semi-Autonomous Drone, Autonomous Drone
3) By Application: Hobbyist And Gaming, Aerial Photography, Others
Subsegments:
1) By Fixed Wing Drone: Small Fixed Wing Drones, Medium Fixed Wing Drones, Large Fixed Wing Drones, Other Fixed Wing Drones
2) By Rotary Blade Drone: Single Rotor Drones, Multi-Rotor Drones (Quadcopters, Hexacopters, Octocopters), Other Rotary Blade Drones
3) By Hybrid Drone: Vertical Take-Off And Landing (VTOL) Drones, Fixed Wing And Rotary Blade Hybrid Drones, Other Hybrid Drones
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How Are New Trends Impacting The Size Of The Consumer Drones Market?
Leading entities in the consumer drone market, such as Mini 4 Pro, are introducing inventive products to enhance customer interaction. The Mini 4 Pro is a user-friendly, lightweight drone equipped with the integrated DJI Fly app, which removes the need for smartphone operation during flight. In September 2023, SZ DJI Technology Co. Ltd., a tech firm based in China, unveiled their Mini 4 Pro, a compact camera drone. With features such as Large-Angle Tilt, True Vertical Shooting, Digital Zoom, DJI O4 FHD digital video transmission system, omnidirectional obstacle sensing, upgraded ActiveTrack 360°, an advanced camera sensor, and Intelligent Flight Battery, the DJI Mini 4 Pro distinguishes itself as a multi-functional, potent drone, ideal for adventure lovers.
Who Are the Key Players In The Consumer Drones Market?
Major companies operating in the consumer drones market include:
• 3D Robotics Inc.
• Guangdong Cheerson Hobby Technology Co. Ltd.
• Parrot S.A.
• SZ DJI Technology Co. Ltd.
• Yuneec International Co. Ltd.
• EHang Holdings Limited
• Airdog Ltd.
• GoPro Inc.
• Hobbico Inc.
• Shenzhen Hubsan Technology Co. Ltd.
• Horizon Hobby LLC
• Guangdong Syma Model Aircraft Industrial Co. Ltd.
• Walkera Technology Co. Ltd.
• ZEROTECH Intelligence Technology Co. Ltd.
• Autel Robotics USA LLC
• Syma Toys Industrial Co. Ltd.
• Blade Helis
• Holy Stone Enterprise Co. Ltd.
• JJRC Toy Factory
• Potensic Technology Co. Ltd.
• Ryze Tech (Shenzhen) Co. Ltd.
• Snaptain
• Altair Aerial LLC
• Contixo Inc.
• Force1 RC LLC
• GoolRC
• Ruko Smart Co. Ltd.
• ScharkSpark
• SGOTA
• SIMREX Corporation
• Tello
• UDI RC
• Shantou City Chenghai District Wisha Electronic Toys Factory (Visuo)
What Are The Regional Insights Into The Consumer Drones Market?
North America was the largest region in consumer drones market in 2023. North America is expected to be the fastest growing region in the global consumer drones market during the forecast period. The regions covered in the consumer drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
