Consumer Drones Market

The surge in demand for aerial imaging is driving the consumer drone market’s growth.

The consumer drone market was worth $2,062.0 million in 2017 and is expected to grow at a CAGR of 20.9% from 2018 to 2026, reaching $11,290.6 million in 2026. In recent years, there has been 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 and flight hobbyists, but with technological advancements, their adoption has witnessed 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 have been launched in recent years. Moreover, technological advancements have facilitated the development and prototyping of high-end hardware and software at a lower cost. Therefore, lower prices have enabled its adoption on a large scale. In addition, technological advancements are also directed toward increasing the speed, durability, maneuverability, and quality of images and videos. These factors are expected to positively influence the consumer drone market’s growth.

Market Synopsis

Increased weight-carrying capacity and better control are 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 2017. The segment is 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 kinds of drones are capable of carrying more weight and are easier to control as compared to the fixed-wing variants. As a result, these factors are expected to drive the growth of the rotary blade drone segment during the forecast period.

On the other hand, growth in the Hybrid Consumer Drones segment is expected to be substantial during the forecast period. These types of drones have both fixed wings and rotary blades. One of the factors contributing to this high growth can be attributed to its high adoption for photogrammetry purposes. With increasing consumer drone demand and ease of operation, it is finding increased applications for mapping work. Moreover, these drones are capable of taking off vertically and starting a flight from any spot similar to that of a helicopter, a factor further aiding the segment’s growth. Other benefits of hybrid consumer drones include higher payloads, long endurance flights, and durability.

Favorable Government Initiatives Supporting the Growth of the Consumer Drones Market in North America

In 2017, North America dominated the global consumer drone market, accounting for roughly 40% of the total market value. Factors such as the increasing adoption of drones for aerial imaging and the covering of events through filming and video have contributed to the consumer drone market’s growth. Moreover, favorable government initiatives have further supported market growth in the region. For example, the FAA’s (Federal Aviation Administration) relaxation of restrictions on the use of drones for recreational and non-recreational purposes in the United States has been a welcome development for the market’s growth. Furthermore, the fact that a large number of consumer drone manufacturers, such as Horizon Hobby, 3D Robotics, and UDI RC, among others, have their headquarters in the region has supported the market growth.

R&D activities will continue to take center stage in the coming years.

One of the most common strategies adopted by players in the consumer drone market is research and development, which is directed toward improving 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 lightweight drone. One of the features of the new drone is that users can launch it right from their palms due to its small size. Similarly, in 2018, Skydio launched the R1 drone, which features a self-positioning action camera. The drone was designed with the purpose of recording the person it is following.

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. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The report elucidates the detailed outline of the global consumer drone 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.

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 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
4.4 Hybrid

Chapter 5 Global Consumer Drones (CD) 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 (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
7.1 Overview
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
7.5.1 U.S.
7.5.2 Canada

Chapter 8 Europe Consumer Drones (CD) Market Analysis, 2016 – 2026
8.1 Overview
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
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe

Chapter 9 Asia Pacific Consumer Drones (CD) Market Analysis, 2016 – 2026
9.1 Overview
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
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Rest of Asia Pacific

Chapter 10 Rest of the World Consumer Drones (CD) Market Analysis, 2016 – 2026
10.1 Overview
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.

List of Figures

FIG. 1 Global Consumer Drones (CD): Market Segmentation
FIG. 2 Global CD Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global CD Market, By Product Type, 2017 (US$ Mn)
FIG. 5 Global CD Market, By Technology, 2017 (US$ Mn)
FIG. 6 Global CD Market, By Application, 2017 (US$ Mn)
FIG. 7 Global CD Market, By Geography, 2017 (US$ Mn)
FIG. 8 Global CD 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 CD Market Value Contribution, By Product Type, 2017 & 2026 (%)
FIG. 12 Global Rotary Wing CD 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 CD Market Value Contribution, By Technology, 2017 & 2026 (%)
FIG. 16 Global CD Market Value from Remotely Operated Drone, 2016 – 2026, (US$ Mn)
FIG. 17 Global CD Market Value from Semi-autonomous Drone, 2016 – 2026, (US$ Mn)
FIG. 18 Global CD Market Value from Autonomous Drone, 2016 – 2026, (US$ Mn)
FIG. 19 Global CD Market Value Contribution, By Application, 2017 & 2026 (%)
FIG. 20 Global CD Market Value from Hobbyist and Gaming, 2016 – 2026, (US$ Mn)
FIG. 21 Global CD Market Value from Aerial Photography, 2016 – 2026, (US$ Mn)
FIG. 22 North America CD Market Value, 2016 – 2026, (US$ Mn)
FIG. 23 Europe CD Market Value, 2016 – 2026, (US$ Mn)
FIG. 24 Asia Pacific CD Market Value, 2016 – 2026, (US$ Mn)
FIG. 25 RoW CD Market Value, 2016 – 2026, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Consumer Drones (CD) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America CD Market Value, By Product Type, 2016 – 2026 (US$ Mn)
TABLE 5 North America CD Market Value, By Technology, 2016 – 2026 (US$ Mn)
TABLE 6 North America CD Market Value, By Application, 2016 – 2026 (US$ Mn)
TABLE 7 North America CD Market Value, By Country, 2016 – 2026 (US$ Mn)
TABLE 8 Europe CD Market Value, By Product Type, 2016 – 2026 (US$ Mn)
TABLE 9 Europe CD Market Value, By Technology, 2016 – 2026 (US$ Mn)
TABLE 10 Europe CD Market Value, By Application, 2016 – 2026 (US$ Mn)
TABLE 11 Europe CD Market Value, By Region/Country, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific CD Market Value, By Product Type, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific CD Market Value, By Technology, 2016 – 2026 (US$ Mn)
TABLE 14 Asia Pacific CD Market Value, By Application, 2016 – 2026 (US$ Mn)
TABLE 15 Asia Pacific CD Market Value, By Region/Country, 2016 – 2026 (US$ Mn)
TABLE 16 RoW CD Market Value, By Product Type, 2016 – 2026 (US$ Mn)
TABLE 17 RoW CD Market Value, By Technology, 2016 – 2026 (US$ Mn)
TABLE 18 RoW CD Market Value, By Application, 2016 – 2026 (US$ Mn)
TABLE 19 RoW CD 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)