Consumer Drone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Consumer Drone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global consumer drone market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.8 Billion by 2028, exhibiting a growth rate (CAGR) of 13.8% during 2023-2028.

Consumer drones are unmanned aerial vehicles (UAVs) equipped with receivers, global positioning systems (GPS), controlling computers, thermal cameras, ultrasonic and collision avoidance sensors, and remote ground control systems (GSC). They are commonly available in fixed-wing, rotary blade, and hybrid variants. They are manufactured using carbon fiber composites that assist in minimizing weight and increasing maneuverability. Consumer drones are widely used for traffic and weather monitoring, geographical mapping, firefighting, surveillance, photography, and irrigation management. They help improve productivity, efficiency, research, security, mapping areas, collecting real-time data, and performing high-quality aerial filming. Currently, consumer drones are available in remote-operated, semi-autonomous, and autonomous types.

Consumer Drone Market Trends:
The growing popularity of aerial photography across the globe is creating a positive outlook for the market. Consumer drones are widely used by photography enthusiasts to capture videos and photographs from a birds-eye view. Additionally, the widespread product adoption in the agriculture sector to monitor crops and livestock, gather information, and analyze soil is favoring the market growth. Apart from this, the introduction of advanced consumer drones that can be linked to users’ devices to offer enhanced control and speed while being reliable, safe, and efficient is providing an impetus to the market growth. In line with this, the integration of artificial intelligence (AI) and machine learning (ML) with consumer drones to produce high-resolution images is positively influencing the market growth. Moreover, the increasing product utilization in construction sites to prevent hazardous situations, survey lands, and provide constant and reliable topographic updates is propelling the market growth. Furthermore, the increasing demand for multi-rotor consumer drones with a higher payload capacity, making them suitable for different end-use applications requiring vertical take-off and landing, are acting as other growth-inducing factor. Besides this, extensive research and development (R&D) activities, rising awareness about the availability of drones, and the development of customized and technologically advanced variants are supporting the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global consumer drone market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, technology, distribution channel and application.

Breakup by Product:

Multi-rotor
Nano
Others

Breakup by Technology:

Autonomous Drone
Semi-Autonomous Drone
Remotely Operated Drone

Breakup by Distribution Channel:

Online
Offline

Breakup by Application:

Toy/Hobbyist
Prosumer
Photogrammetry

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Autel Robotics, Guangdong Syma Model Aircraft Industrial Co. Ltd., Guangzhou Walkera Technology Co. Ltd., Horizon Hobby LLC, Hubsan, Jianjian Technology Co. Ltd., Parrot SA, Skydio Inc., SZ DJI Technology Co. Ltd. and Yuneec International.

Key Questions Answered in This Report

1. What was the size of the global consumer drone market in 2022?
2. What is the expected growth rate of the global consumer drone market during 2023-2028?
3. What are the key factors driving the global consumer drone market?
4. What has been the impact of COVID-19 on the global consumer drone market?
5. What is the breakup of the global consumer drone market based on the product?
6. What is the breakup of the global consumer drone market based on the application?
7. What are the key regions in the global consumer drone market?
8. Who are the key players/companies in the global consumer drone market?