Global Consumer Drones Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Consumer Drones Market Report by The Business Research Company covers consumer drones market drivers and restraints, consumer drones market size, major players, and the impact of COVID-19 on the consumer drones market.
The consumer (recreational) drones market consists of sales of recreational consumer drones and related services. These drones are unmanned aerial vehicles used for purposes of entertainment and have simple-to-use controls targeted at general public use rather than for commercial purposes.
The rising popularity of aerial photography is driving the consumer drones market. The global consumer drones market is expected grow from $2.09 billion in 2020 to $2.34 billion in 2021 at a compound annual growth rate (CAGR) of 12%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.26 billion in 2025 at a CAGR of 9%.
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Some consumer drones market trends include drone manufacturers are increasingly using artificial intelligence to enable automation of consumer drones. Consumer drones that fly beyond the controller’s range and line-of-sight are being equipped with self-navigating technology through the integration of deep-learning algorithms and other machine learning methods.
Global consumer drones market segments include:
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 & Gaming, Aerial Photography, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Consumer Drones Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides consumer drones market overviews, analyzes and forecasts market size, share, consumer drones market players, consumer drones market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The consumer drones market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Consumer Drones Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: 3D Robotics, Cheerson, Parrot S.A, DJI, Yuneec, EHang, Airdog, GoPro, Guangdong Cheerson Hobby Technology, Hobbico, Shenzhen Hubsan Technology, Horizon Hobby, Guangdong Syma Model Aircraft Industrial, Walkera, ZEROTECH
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Consumer Drones Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Consumer Drones Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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