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According to a new market research report published by Credence Research "Consumer Drones Market – Growth, Future Prospects, and Competitive Analysis, 2018 – 2026," the global consumer drone market is estimated to grow to US$ 11,290.6 million in 2026 at a CAGR of 20.9 percent over the forecast period from 2018 to 2026.**Product Type – Fixed Wing Drone, Rotary Blade Drone, and Hybrid Drone
**Technology – Remotely Operated Drone, Semi-autonomous Drone, and Autonomous Drone
**Application – Hobbyist & Gaming and Aerial Photography
Market Insights:
The use of drones has moved beyond its traditional area of application, previously limited to the defense sector. In this regard, the consumer drones market was among the first non-defense application area to have developed. Consumer drone demand has gone up in the last couple of years and hobby drones have become a common sight. However, there is still plenty of room for market growth.
Browse the full report at https://www.credenceresearch.com/report/consumer-drones-market
One of the most prominent factors that help the market growth of consumer drones is the fact that these drones are widely adopted by photography enthusiasts. The use of drones for photography purposes has been one of the most exciting developments in the field of photography over the past two years. Moreover, the fact that drone costs have dropped significantly has further helped the market to flourish. However, the flying characteristics and the quality of camera on-board greatly depends on the price tag associated with the drone. Furthermore, ease of operation is another prominent factor that helps the growth of the market for consumer drones. For example, "Fly Straight Out of the Box" is a popular term used in the drone world that highlights the ease with which a drone can be flown. These factors in combination are expected to drive the growth of the consumer drones market in the years to come.
However, the existence of certain rules and regulations associated with flying a drone acts as a restraining factor for the market growth. Some of the common rules and regulations include limiting the maximum height, not flying over groups of people and restrictions over flying near airports, etc. Lack of proper training to fly a drone is another factor impacting the market growth negatively. As drones are often expensive, therefore proper training is required to fly a drone.
With technological advancements, consumer drone manufacturers are developing drones with increased weight carrying capacity and enhanced controls. Some other technological developments witnessed in the consumer drone market include the development of drones with extensive camera controls to facilitate RAW capture, auto or full manual control and time-lapse, drone hovering in one spot with incredible stability with RTH mode (automatic return-to-home) among others.
Some of the major players operating in the market 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.
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ToC:
Chapter 1 Preface
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Chapter 2 Executive Summary
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Chapter 3 Market Dynamics
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Chapter 4 Global Consumer Drones 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 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 Market Analysis, By Application, 2016 – 2026
6.1 Market Analysis
6.2 Hobbyist & Gaming
6.3 Aerial Photography
Chapter 7 North America Consumer Drones Market Analysis, 2016 – 2026
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Chapter 8 Europe Consumer Drones Market Analysis, 2016 – 2026
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Chapter 9 Asia Pacific Consumer Drones Market Analysis, 2016 – 2026
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Chapter 10 Rest of the World Consumer Drones Market Analysis, 2016 – 2026
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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.
Browse the full report at https://www.credenceresearch.com/report/consumer-drones-market
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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