Surge in Demand for Aerial Imaging, Driving the Consumer Drones Market Growth
Consumer Drones market was valued at US$ 2,062.0 Mn in 2017 and expected to grow at a CAGR of 20.9% from 2018 to 2026 and reach US$ 11,290.6 Mn in 2026. In recent years, there has been a significant growth in the number of consumer drones across the world. Though widely used for military purposes, drones are becoming increasingly popular among gaming and aerial photography enthusiasts and hobbyists. Drones have not just attracted the interest of airplane hobbyists and flight hobbyists, but with technological advancements, its adoption has witnessed a rapid growth among photographers and videographers. The growth in the popularity of consumer drones can also be attributed to the large number of drone companies that were launched in recent years. Moreover, technological advancements have facilitated high-end hardware and software to be developed and prototyped at a lower cost. Therefore, lower prices have enabled its adoption on a large scale. In addition, technological advancements are also directed towards increasing the speed, durability, maneuverability and quality of images and videos. These factors are expected to positively influence the consumer drones market growth.
Market Synopsis
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. Rotary blade drones are extensively used and preferred for aerial photography as they facilitate better control. Moreover, another prominent factor aiding the rotary blade drone segment’s growth is the fact that these kind of drones are capable of carrying more weight and are easier to control as compared to the fixed wing variants. Therefore, these factors in combination expected to drive the rotary blade drones segment growth during the forecast period.
On the other hand, the Hybrid consumer drones segment growth expected to be substantial during the forecast period. These kind of drones comprises features of both fixed wing and rotary blade. One of the factors complimenting this high growth can be attributed to its high adoption for photogrammetry purposes. With growing consumer drone demand coupled with ease in its operability it is finding increased application for mapping work. Moreover, these drones are capable of taking off vertically and start flight from any spot similar to that of a helicopter, a factor further aiding the segment growth. Other benefits of hybrid consumer drones include higher payloads, long endurance flight and durability.
Favorable Government Initiatives Supporting the Consumer Drones Market Growth in North America
The global consumer drones market was dominated by North America accounting for around 40% of the overall market value in 2017. Factors such as increasing adoption of drones for aerial imaging and covering of events through filming and video has complimented the consumer drones market growth. Moreover, favorable government initiatives have further supported the market growth in the region. For instance, the Federal Aviation Administration’s (FAA) relaxation on the use of drones for recreational and non-recreational purposes in the U.S. has been a welcome move for the market growth. Furthermore, the fact that a large number of consumer drone manufacturers such as Horizon Hobby, 3D Robotics and UDI RC among others headquartered in the region has supported market growth.
R&D activities to Remain in the Centre Stage in Coming Years
One of the most common strategies adopted by players in the consumer drones market is research and development, which is directed towards improving the existing products and developing new drones with better functionalities. For instance, recently, DJI launched a new drone called the Spark, which is a palm sized and very light weight drone. One of the features of the new drone is that users can launch it right from their palm due to its small size. Similarly, in 2018, Skydio launched the R1 drone that features a self-positioning action camera. The drone was designed with the purpose to record the person it is following.
Historical & Forecast Period
2016 – Historical Year
2017 – Base Year
2018-2026 – 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.
Report Scope by Segments
The report elucidates the detailed outline of global consumer drones market by categorizing the market in terms of product type, technology, application and geography.
Key players profiled in the report 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.
Key questions answered in this report
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
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Consumer Drones Market
2.2 Global Consumer Drones Market, By Product Type, 2017
2.3 Global Consumer Drones Market, By Technology, 2017
2.4 Global Consumer Drones Market, By Application, 2017
2.5 Global Consumer Drones Market, By Geography, 2017
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Consumer Drones 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 Market Analysis, By Product Type, 2016 – 2026
4.1 Market Analysis
4.2 Rotary Wing
4.3 Fixed Wing
4.4 Hybrid
Chapter 5 Global Consumer Drones Market Analysis, By Technology, 2016 – 2026
5.1 Market Analysis
5.2 Remotely Operated
5.3 Semi-autonomous
5.4 Autonomous
Chapter 6 Global Consumer Drones Market Analysis, By Application, 2016 – 2026
6.1 Market Analysis
6.2 Hobbyist & Gaming
6.3 Aerial Photography
Chapter 7 North America Consumer Drones Market Analysis, 2016 – 2026
7.1 Overview
7.2 North America Consumer Drones Market Analysis, By Product Type, 2016 – 2026
7.2.1 Market Analysis
7.3 North America Consumer Drones Market Analysis, By Technology, 2016 – 2026
7.3.1 Market Analysis
7.4 North America Consumer Drones Market Analysis, By Applicatiom, 2016 – 2026
7.4.1 Market Analysis
7.5 North America Consumer Drones Market Analysis, By Country, 2016 – 2026
7.5.1 U.S.
7.5.2 Canada
Chapter 8 Europe Consumer Drones Market Analysis, 2016 – 2026
8.1 Overview
8.2 Europe Consumer Drones Market Analysis, By Product Type, 2016 – 2026
8.2.1 Market Analysis
8.3 Europe Consumer Drones Market Analysis, By Technology, 2016 – 2026
8.3.1 Market Analysis
8.4 Europe Consumer Drones Market Analysis, By Applicatiom, 2016 – 2026
8.4.1 Market Analysis
8.5 Europe Consumer Drones Market Analysis, By Country/Region, 2016 – 2026
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe
Chapter 9 Asia Pacific Consumer Drones Market Analysis, 2016 – 2026
9.1 Overview
9.2 Asia Pacific Consumer Drones Market Analysis, By Product Type, 2016 – 2026
9.2.1 Market Analysis
9.3 Asia Pacific Consumer Drones Market Analysis, By Technology, 2016 – 2026
9.3.1 Market Analysis
9.4 Asia Pacific Consumer Drones Market Analysis, By Applicatiom, 2016 – 2026
9.4.1 Market Analysis
9.5 Asia Pacific Consumer Drones Market Analysis, By Country/Region, 2016 – 2026
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Rest of Asia Pacific
Chapter 10 Rest of the World Consumer Drones Market Analysis, 2016 – 2026
10.1 Overview
10.2 Rest of the World Consumer Drones Market Analysis, By Product Type, 2016 – 2026
10.2.1 Market Analysis
10.3 Rest of the World Consumer Drones Market Analysis, By Technology, 2016 – 2026
10.3.1 Market Analysis
10.4 Rest of the World Consumer Drones Market Analysis, By Applicatiom, 2016 – 2026
10.4.1 Market Analysis
10.5 Rest of the World Consumer Drones 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.
FIG. 1 Global Consumer Drones: Market Segmentation
FIG. 2 Global Consumer Drones Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Consumer Drones Market, By Product Type, 2017 (US$ Mn)
FIG. 5 Global Consumer Drones Market, By Technology, 2017 (US$ Mn)
FIG. 6 Global Consumer Drones Market, By Application, 2017 (US$ Mn)
FIG. 7 Global Consumer Drones Market, By Geography, 2017 (US$ Mn)
FIG. 8 Global Consumer Drones Market Value, 2016 – 2026, (US$ Mn)
FIG. 9 Attractive Investment Proposition, by Geography
FIG. 10 Market Positioning of Key Consumer Drone Manufacturers, 2017
FIG. 11 Global Consumer Drones Market Value Contribution, By Product Type, 2017 & 2026 (%)
FIG. 12 Global Rotary Wing Consumer Drones Market Value, 2016 – 2026, (US$ Mn)
FIG. 13 Global Fixed Wing Drones Market Value, 2016 – 2026, (US$ Mn)
FIG. 14 Global Hybrid Drone Market Value, 2016 – 2026, (US$ Mn)
FIG. 15 Global Consumer Drones Market Value Contribution, By Technology, 2017 & 2026 (%)
FIG. 16 Global Consumer Drones Market Value from Remotely Operated Drone, 2016 – 2026, (US$ Mn)
FIG. 17 Global Consumer Drones Market Value from Semi-autonomous Drone, 2016 – 2026, (US$ Mn)
FIG. 18 Global Consumer Drones Market Value from Autonomous Drone, 2016 – 2026, (US$ Mn)
FIG. 19 Global Consumer Drones Market Value Contribution, By Application, 2017 & 2026 (%)
FIG. 20 Global Consumer Drones Market Value from Hobbyist and Gaming, 2016 – 2026, (US$ Mn)
FIG. 21 Global Consumer Drones Market Value from Aerial Photography, 2016 – 2026, (US$ Mn)
FIG. 22 North America Consumer Drones Market Value, 2016 – 2026, (US$ Mn)
FIG. 23 Europe Consumer Drones Market Value, 2016 – 2026, (US$ Mn)
FIG. 24 Asia Pacific Consumer Drones Market Value, 2016 – 2026, (US$ Mn)
FIG. 25 RoW Consumer Drones Market Value, 2016 – 2026, (US$ Mn)
TABLE 1 Market Snapshot: Global Consumer Drones Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Consumer Drones Market Value, By Product Type, 2016 – 2026 (US$ Mn)
TABLE 5 North America Consumer Drones Market Value, By Technology, 2016 – 2026 (US$ Mn)
TABLE 6 North America Consumer Drones Market Value, By Application, 2016 – 2026 (US$ Mn)
TABLE 7 North America Consumer Drones Market Value, By Country, 2016 – 2026 (US$ Mn)
TABLE 8 Europe Consumer Drones Market Value, By Product Type, 2016 – 2026 (US$ Mn)
TABLE 9 Europe Consumer Drones Market Value, By Technology, 2016 – 2026 (US$ Mn)
TABLE 10 Europe Consumer Drones Market Value, By Application, 2016 – 2026 (US$ Mn)
TABLE 11 Europe Consumer Drones Market Value, By Region/Country, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific Consumer Drones Market Value, By Product Type, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific Consumer Drones Market Value, By Technology, 2016 – 2026 (US$ Mn)
TABLE 14 Asia Pacific Consumer Drones Market Value, By Application, 2016 – 2026 (US$ Mn)
TABLE 15 Asia Pacific Consumer Drones Market Value, By Region/Country, 2016 – 2026 (US$ Mn)
TABLE 16 RoW Consumer Drones Market Value, By Product Type, 2016 – 2026 (US$ Mn)
TABLE 17 RoW Consumer Drones Market Value, By Technology, 2016 – 2026 (US$ Mn)
TABLE 18 RoW Consumer Drones Market Value, By Application, 2016 – 2026 (US$ Mn)
TABLE 19 RoW Consumer Drones Market Value, By Region, 2016 – 2026 (US$ Mn)
TABLE 20 3D Robotics, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 21 Guangdong Cheerson Hobby Technology Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 22 Parrot Drones SAS: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 23 SZ DJI Technology Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 24 Yuneec International Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 25 Autel Robotics: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 26 SkyTech Drones: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 27 Hobbico, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 28 Horizon Hobby: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 29 Mota Group, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 30 EHang, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
