The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global consumer drones market is on an upward trajectory, set to grow from $4.85 billion in 2022 to $5.72 billion in 2023, showcasing an impressive Compound Annual Growth Rate (CAGR) of 18.1%. Looking ahead, the market is projected to expand further, reaching $8.74 billion in 2027 at a continued CAGR of 11.2%.

Capturing Moments from Above: The Driving Force

The surge in the popularity of aerial photography takes the center stage as the driving force behind the growth of the consumer (recreational) drone market. Photography enthusiasts are increasingly turning to drones to capture stunning photographs and videos from a birds-eye view, eliminating the need for high-end video cranes. This growing popularity has led to a surge in consumer purchases of hobbyist drones specifically for photography purposes, propelling market growth. According to the United States Federal Aviation Administration, a staggering 3.5 million small hobbyist drones were anticipated in the skies in 2021.

Industry Giants: Leaders Shaping the Landscape

Major players in the consumer drones market play a pivotal role in shaping the industry landscape. Key contributors include 3D Robotics, Cheerson, Parrot S.A, DJI, Yuneec, EHang, Airdog, GoPro, and Guangdong Cheerson Hobby Technology. Together, these industry leaders are at the forefront of innovation and progress in the consumer drones market.

AI Takes Flight: Automation in Consumer Drones

Drone manufacturers are embracing the power of artificial intelligence to automate consumer drones, ushering in a new era of technological advancement. Consumer drones are now equipped with self-navigating technology, utilizing deep-learning algorithms and other machine learning methods. Unlike traditional drones controlled by remote controllers, these AI-enabled drones can operate beyond the controller’s range and line-of-sight. Flight instructions are programmed directly within the drone, allowing it to learn how to fly autonomously. An exemplary model is Skydio’s R1, a drone that leverages machine learning to navigate mid-air, following a designated target with remarkable precision.

Global Dynamics: Market Segmentation and Regional Growth

The consumer drones market unfolds its diversity through meticulous segmentation based on various parameters.

1) By Type: Tailoring Drones for Different Needs

• Fixed Wing Drone:Offering stability and efficiency in flight.
• Rotary Blade Drone:Renowned for agility and versatility.
• Hybrid Drone:Combining features of fixed-wing and rotary-blade drones.

2) By Technology: Advancing Automation

• Remotely Operated Drone:Controlled via a wireless remote.
• Semi-Autonomous Drone:Incorporating automated features.
• Autonomous Drone:Exhibiting full self-navigation capabilities.

3) By Application: From Hobbyists to Professionals

• Hobbyist & Gaming:Catering to recreational drone enthusiasts.
• Aerial Photography:Meeting the demands of photography enthusiasts.
• Others:Addressing diverse applications beyond recreation and photography.

4) Regional Dynamics: North America Takes the Lead

In 2022, North America emerged as the largest region in the consumer drones market, underscoring the region’s prominence in the industry. Looking forward, North America is anticipated to maintain its leadership position, poised to be the fastest-growing region in the global consumer drones market during the forecast period.

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The Consumer Drones Global Market Report 2023  provides comprehensive insights on the consumer drones market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the consumer drones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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