Semiconductor & Electronics
Global Consumer Drones Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Consumer Drones Market, By Product (Multi-rotor, Nano, Fixed-wing, Hybrid, and Others), Application (Prosumer, Toy/Hobbyist, and Photogrammetry), Technology (Autonomous Drone, Semi-Autonomous Drone, and Remotely Operated Drone), Distribution Channel (Online and Offline), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global consumer drones market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
Unmanned aerial vehicles (UAVs) intended for personal and recreational usage by individuals are known as consumer drones. The general population can use these drones since they are generally more compact and less expensive than professional or military-grade UAVs. Consumer drones can be used to take airborne pictures and movies for a variety of uses, including entertainment, photography, and filmmaking. These drones frequently have cameras or other sensors installed.
An operator can use a dedicated controller, a smartphone app, or a combination of the two to remotely control these drones. In addition, a lot of consumer drones come equipped with GPS, obstacle avoidance sensors, and other cutting-edge features that improve their usability and security.
Due to their accessibility and adaptability, consumer drones have become increasingly popular. They may be used for a variety of tasks, such as aerial photography, leisure flying, racing, and even teaching. To guarantee safety and responsible operation, aviation authorities have established rules and standards that must be followed when using them.
Market Dynamics
DRIVERS
- Technological advancements
- Surging demand for user-friendly drone systems
RESTRAINTS
- Lack of standardization
- Rising Security concerns
OPPORTUNITIES
- Innovation in accessories
- Advancements in tourism and travel industry
CHALLENGES
- Limited payload capacity
- Regulatory challenges
SEGMENTATION
MARKET SEGMENTATION
- Product
- Multi-rotor
- Nano
- Fixed-wing
- Hybrid
- Others
- Application
- Prosumer
- Toy/Hobbyist
- Photogrammetry
- Technology
- Autonomous Drone
- Semi-Autonomous Drone
- Remotely Operated Drone
- Distribution Channel
- Online
- Offline
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- 3D Robotics, Inc. (Kitty Hawk)
- SZ DJI Technology Co., Ltd.
- Eachine
- Guangdong Cheerson Hobby Technology Co., Ltd.
- Guangdong Syma Model Aircraft Industrial Co., Ltd (Syma)
- Guangzhou Walkera Technology Co., Ltd. (Walker)
- Yuneec International Co., Ltd.
- SkyTech Drone Sp. z o. o
- Horizon Hobby, LLC
- Parrot Drone SAS
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Consumer Drones Market, by Product
- 3.2 Global Consumer Drones Market, by Application
- 3.3 Global Consumer Drones Market, by Technology
- 3.4 Global Consumer Drones Market, by Distribution Channel
- 3.5 Global Consumer Drones Market, by Geography
- 3.6 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Trend 1
- 5.1.2 Trend 2
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Technological advancements
- 5.2.2 Surging demand for user-friendly drone systems
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Lack of standardization
- 5.3.2 Rising Security concerns
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Innovation in accessories
- 5.4.2 Advancements in tourism and travel industry
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Limited payload capacity
- 5.5.2 Regulatory challenges
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL CONSUMER DRONES MARKET, BY PRODUCT
- 6.1 Product Summary
- 6.2 Market Attractive Index
- 6.3 Global Consumer Drones Market, by Product (2019-2032)
- SECTION 7 - GLOBAL CONSUMER DRONES MARKET, BY APPLICATION
- 7.1 Application Summary
- 7.2 Market Attractive Index
- 7.3 Global Consumer Drones Market, by Application (2019-2032)
- SECTION 8 - GLOBAL CONSUMER DRONES MARKET, BY TECHNOLOGY
- 8.1 Technology Summary
- 8.2 Market Attractive Index
- 8.3 Global Consumer Drones Market, by Technology (2019-2032)
- SECTION 9 - GLOBAL CONSUMER DRONES MARKET, BY DISTRIBUTION CHANNEL
- 9.1 Distribution Channel Summary
- 9.2 Market Attractive Index
- 9.3 Global Consumer Drones Market, by Distribution Channel (2019-2032)
- SECTION 10 - GLOBAL CONSUMER DRONES MARKET, BY GEOGRAPHY
- 10.1 Regional Summary
- 10.2 Market Attractive Index
- 10.3 Global Consumer Drones Market, by Geography (2019-2032)
- SECTION 11 - NORTH AMERICA CONSUMER DRONES MARKET
- 11.1 North America Summary
- 11.2 Market Attractive Index
- 11.3 North America Consumer Drones Market, by Product (2019-2032)
- 11.4 North America Consumer Drones Market, by Application (2019-2032)
- 11.5 North America Consumer Drones Market, by Technology (2019-2032)
- 11.6 North America Consumer Drones Market, by Distribution Channel (2019-2032)
- 11.7 North America Consumer Drones Market, by Country (2019-2032)
- 11.7.1 U.S.
- 11.7.2 Canada
- 11.7.3 Mexico
- 11.7.4 Rest of North America
- SECTION 12 - EUROPE CONSUMER DRONES MARKET
- 12.1 Europe Summary
- 12.2 Market Attractive Index
- 12.3 Europe Consumer Drones Market, by Product (2019-2032)
- 12.4 Europe Consumer Drones Market, by Application (2019-2032)
- 12.5 Europe Consumer Drones Market, by Technology (2019-2032)
- 12.6 Europe Consumer Drones Market, by Distribution Channel (2019-2032)
- 12.7 Europe Consumer Drones Market, by Country (2019-2032)
- 12.7.1 Germany
- 12.7.2 U.K.
- 12.7.3 France
- 12.7.4 Italy
- 12.7.5 Spain
- 12.7.6 Russia
- 12.7.7 The Netherlands
- 12.7.8 Belgium
- 12.7.9 Turkey
- 12.7.10 Rest of Europe
- SECTION 13 - ASIA-PACIFIC CONSUMER DRONES MARKET
- 13.1 Asia-Pacific Summary
- 13.2 Market Attractive Index
- 13.3 Asia-Pacific Consumer Drones Market, by Product (2019-2032)
- 13.4 Asia-Pacific Consumer Drones Market, by Application (2019-2032)
- 13.5 Asia-Pacific Consumer Drones Market, by Technology (2019-2032)
- 13.6 Asia-Pacific Consumer Drones Market, by Distribution Channel (2019-2032)
- 13.7 Asia-Pacific Consumer Drones Market, by Country (2019-2032)
- 13.7.1 China
- 13.7.2 India
- 13.7.3 Japan
- 13.7.4 South Korea
- 13.7.5 Singapore
- 13.7.6 Malaysia
- 13.7.7 Australia
- 13.7.8 Thailand
- 13.7.9 Philippines
- 13.7.10 Rest of Asia-Pacific
- SECTION 14 - SOUTH AMERICA CONSUMER DRONES MARKET
- 14.1 South America Summary
- 14.2 Market Attractive Index
- 14.3 South America Consumer Drones Market, by Product (2019-2032)
- 14.4 South America Consumer Drones Market, by Application (2019-2032)
- 14.5 South America Consumer Drones Market, by Technology (2019-2032)
- 14.6 South America Consumer Drones Market, by Distribution Channel (2019-2032)
- 14.7 South America Consumer Drones Market, by Country (2019-2032)
- 14.7.1 Brazil
- 14.7.2 Argentina
- 14.7.3 Chile
- 14.7.4 Colombia
- 14.7.5 Rest of South America
- SECTION 15 - MIDDLE EAST AND AFRICA CONSUMER DRONES MARKET
- 15.1 Middle East and Africa Summary
- 15.2 Market Attractive Index
- 15.3 Middle East and Africa Consumer Drones Market, by Product (2019-2032)
- 15.4 Middle East and Africa Consumer Drones Market, by Application (2019-2032)
- 15.5 Middle East and Africa Consumer Drones Market, by Technology (2019-2032)
- 15.6 Middle East and Africa Consumer Drones Market, by Distribution Channel (2019-2032)
- 15.7 Middle East and Africa Consumer Drones Market, by Country (2019-2032)
- 15.7.1 Kingdom of Saudi Arabia
- 15.7.2 South Africa
- 15.7.3 U.A.E.
- 15.7.4 Egypt
- 15.7.5 Rest of Middle East and Africa
- SECTION 16 - COMPANY SHARE ANALYSIS
- 16.1 Global Consumer Drones Market, Company Share Analysis
- 16.2 North America Consumer Drones Market, Company Share Analysis
- 16.3 Europe Consumer Drones Market, Company Share Analysis
- 16.4 Asia-Pacific Consumer Drones Market, Company Share Analysis
- SECTION 17 - COMPANY PROFILES
- 17.1 3D Robotics, Inc. (Kitty Hawk)
- 17.1.1 Company Snapshot
- 17.1.2 Financial Overview
- 17.1.3 Product Portfolio
- 17.1.4 Recent Developments
- 17.2 SZ DJI Technology Co., Ltd.
- 17.2.1 Company Snapshot
- 17.2.2 Financial Overview
- 17.2.3 Product Portfolio
- 17.2.4 Recent Developments
- 17.3 Eachine
- 17.3.1 Company Snapshot
- 17.3.2 Financial Overview
- 17.3.3 Product Portfolio
- 17.3.4 Recent Developments
- 17.4 Guangdong Cheerson Hobby Technology Co., Ltd.
- 17.4.1 Company Snapshot
- 17.4.2 Financial Overview
- 17.4.3 Product Portfolio
- 17.4.4 Recent Developments
- 17.5 Guangdong Syma Model Aircraft Industrial Co., Ltd (Syma)
- 17.5.1 Company Snapshot
- 17.5.2 Financial Overview
- 17.5.3 Product Portfolio
- 17.5.4 Recent Developments
- 17.6 Guangzhou Walkera Technology Co., Ltd. (Walker)
- 17.6.1 Company Snapshot
- 17.6.2 Financial Overview
- 17.6.3 Product Portfolio
- 17.6.4 Recent Developments
- 17.7 Yuneec International Co., Ltd.
- 17.7.1 Company Snapshot
- 17.7.2 Financial Overview
- 17.7.3 Product Portfolio
- 17.7.4 Recent Developments
- 17.8 SkyTech Drone Sp. z o. o
- 17.8.1 Company Snapshot
- 17.8.2 Financial Overview
- 17.8.3 Product Portfolio
- 17.8.4 Recent Developments
- 17.9 Horizon Hobby, LLC
- 17.9.1 Company Snapshot
- 17.9.2 Financial Overview
- 17.9.3 Product Portfolio
- 17.9.4 Recent Developments
- 17.10 Parrot Drone SAS
- 17.10.1 Company Snapshot
- 17.10.2 Financial Overview
- 17.10.3 Product Portfolio
- 17.10.4 Recent Developments
- SECTION 18 - RELATED REPORTS
- SECTION 19 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.