What Are The 5 Takeaways From The Drone Camera Market Overview 2024
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The drone camera market has witnessed exponential growth, soaring from $8.67 billion in 2023 to $11.31 billion in 2024, boasting a remarkable compound annual growth rate (CAGR) of 30.5%. This expansion can be attributed to various factors including the proliferation of consumer drones, a surge in aerial photography and videography, professional applications in filmmaking, and widespread use in agriculture, surveying, as well as government and defense sectors. Looking ahead, the market is poised for further exponential growth, projected to reach $32.85 billion by 2028, with a consistent CAGR of 30.5%. Anticipated drivers for this growth include integration into commercial and industrial sectors, expansion of drone-based services, emergence of autonomous drones, and continued momentum in consumer applications. Notable trends in the forecast period encompass enhancements in autonomous flight modes, expansion of professional and industrial use cases, integration of thermal and multispectral imaging, and a focus on user-friendly interfaces, regulatory compliance, and safety features.
The drone camera market is expanding rapidly as drones find increasing utility across various industries. With approximately 1.37 million new drone operators registered with the FAA by the end of 2021, there is a rising demand for high-quality drone cameras to improve accuracy and efficiency in applications ranging from agriculture to infrastructure inspection. This growth reflects the integration of advanced imaging technologies into drone systems, enhancing their capabilities and contributing to enhanced operational outcomes across diverse sectors.
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What Are The Key Trends That Influence Drone Camera Market Share Analysis?
Major companies in this market are focused on developing innovative products to strengthen their market position. For instance, in April 2023, DJI, a China-based company specializing in drones and uncrewed aerial vehicles, launched the DJI Matrice 350 RTK (M350 RTK). This updated flagship drone system is more versatile, safer, and efficient for various airborne activities, including public safety, energy, mapping, infrastructure, and forestry. It features a payload capacity of 2.7 kg and a maximum flight time of 55 minutes, along with triple-channel 1080p HD streams and a maximum transmission distance of 20 kilometers, enhancing flying safety, efficiency, and reducing flight costs.
Which Market Players Are Driving Growth In The Drone Camera Market?
Major companies operating in the drone camera market report are Sony Corporation, Panasonic Corporation, DJI, GoPro Inc., Yuneec International, AeroVironment Inc, Yuneec, Teledyne FLIR LLC, Parrot Drone SAS, Wingtra, Flyability, AEE Technology, Skydio Inc., Autel Robotics, CONTROP Precision Technologies Ltd., Wingcopter, Quantum-Systems GmbH, Auterion, PrecisionHawk, Freefly Systems, Delair, Aerialtronics, AiDrones GmbH, Ehang, UVify, Walkera
How Is The Global Drone Camera Market Segmented?
The drone camera market covered in this report is segmented –
1) By Type: SD Camera, HD Camera
2) By Resolution: 12 MP, 12 to 20 MP, 20 to 32 MP, 32 MP, and above
3) By Application: Photography And Videography, Thermal Imaging, Surveillance
4) By End User: Commercial, Military, Homeland security
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The Drone Camera Global Market Report 2024 provides an overview of the drone cameramarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The drone camera market forecast analyzes drone camera market size, drone camera market share, leading competitor and their market positions.
The Table Of Content For The Drone Camera Market Include
1. Drone Camera Market Executive Summary
2. Drone Camera Market Segments
3. Drone Camera Market Size And Template Market Growth Rate
4. Key Drone Camera Market Trends
5. Major Drone Camera Market Drivers
……
25. Key Mergers And Acquisitions In The Drone Camera Market
26. Top Drone Camera Companies
27. Drone Camera Market Opportunities And Strategies
28. Drone Camera Market, Conclusions And Recommendations
29. Appendix
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