Consumer Drone Market by Product, Application, Technology, Region 2017-2024

1
Consumer Drone Market Overview and Analysis
2024 Global Market Insights, Inc.
2
Consumer Drone Market overview

• Asia Pacific consumer drone market is set to
  witness an extensive growth during the forecast
  period in the light of the growing investments in
  the drone technology in China and other
  developing economies such as India. The growth of
  the region is attributed to the rapid increase in
  the awareness among the population about drones
  and governments relaxation toward the
  regulations for recreational purposes.
  Furthermore, the presence of market leaders in
  the consumer drone space, such as DJI, Yuneec,
  and Walkera, will also augment the market growth.
• Consumer Drone Market is set to generate revenue
  of more than USD 9 billion and exceed 15 million
  units by 2024 according to a new research report
  by Global Market Insights, Inc. The consumer
  drone market is driven by the increasing
  awareness and understanding of the drone
  technology. This has enabled the government to
  take a proactive measure to ensure safety,
  reliability, and convenience for recreational
  purposes. The relaxation by the government
  authorities on the use of drones for recreational
  and non-recreational purposes is also augmenting
  the market growth. Furthermore, increasing
  investment initiatives and supportive government
  policies will also foster the market growth.

3
Continue

• The advancements in the drone technology aid the
  consumer drone market growth. The drone industry
  is exploring various UAV applications with
  emphasis on developing fully-autonomous consumer
  drones. The integration of AI and advanced
  machine learning algorithms enable independent
  operation of drones, which is estimated to
  develop myriad opportunities for the growth of
  the market.
• For instance, in 2018, Skydio, an autonomous UAV
  manufacturer launched consumer drone R1, powered
  by AI and advanced machine learning algorithms.
  It is one of the first professional grade drones,
  which can be flown without any expertise or
  interference from a human operator.

4

Browse Full Market Research Report Of Consumer
Drone Market _at_ https//www.gminsights.com/industr
y-analysis/consumer-drone-market Request
for a Sample of this Research report _at_
https//www.gminsights.com/request-sample/detail/
1590
5
U.S. Consumer Drone Market Volume Share, By
Product, 2016

6
Consumer Drone Industry Background

7
Continue

• The Hobbyist/Toy market is estimated to gain a
  substantial growth during the forecast period
  owing to the technological advancements in the
  UAV. The population of the countries is widely
  adopting the looming trend of drones for aerial
  photography. The advent of high-definition
  cameras and gimble systems in the drones fuel the
  demand for the UAVs for photography purposes.
  Furthermore, advancements in the drone technology
  have also attracted the attention of gaming
  enthusiasts. The population is increasingly
  adopting drones for playing Augmented Reality
  (AR) games, to get a real-life experience of
  gaming.
• The major players in the consumer drone market
  are 3D Robotics, Cheerson Hobby, DJI, Hobbico,
  Inc., Horizon Hobby, Jianjian Technology, Parrot,
  Meijiaxin Innovative Technology, Mota Group,
  Shenzhen Hubsan Technology, SkyTech, SYMA, UDI
  RC, Walkera Technologies, and Yuneec.

8
Methodology
Market research reports Key analytical
components

9
Market Insight Coverage

10
Stay In Touch Website www.gminsights.com Soci
al Media