Consumer Drones Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022

Pages: 161

SKU: IRTNTR72731

Snapshot

Consumer Drones Market Forecast 2023-2027

The consumer drones market is estimated to increase by USD 5,362.6 million and the size of the market is forecasted to grow at a CAGR of 14.76% between 2022 and 2027. The growth of the market depends on several factors, including the advancements in sensors and the emergence of low-cost devices, the growing number of acquisitions and partnerships, and the rise in the popularity of drone racing.

What will be the size of the Consumer Drones Market During the Forecast Period?

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In 2017, in terms of market size, North America dominated the market with a share of USD 1,413.64 million. Additionally, US was the largest contributor of market share USD 1,194.04 million. The market segment multirotor recorded the largest contribution in market share of USD 2,518.41 million and continues to grow.

Key Drivers, Trends, Challenges, and Customer Landscape

The growing number of acquisitions and partnerships are notably driving the market growth, although factors such as limitations associated with consumer camera devices may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The growing number of acquisitions and partnerships are notably driving the market growth. Competition is intense among existing companies in the global market. Therefore, companies enter into strategic partnerships and acquisitions with market players such as software companies, technology companies, hardware companies, product designers, and platform companies. Strategic alliances and acquisitions help companies develop improved products, expand geographic reach, and gain technical expertise.

For example, in September 2020, Skydio Inc. and EagleView announced a unique property inspection partnership for automated residential roof inspections using the devices. Such strategic partnerships and acquisitions between suppliers will have a positive impact on the growth of the global drone market during the forecast period.

Significant Trend

The adoption of delivery drones is an emerging trend in the market. Delivery drones are designed to transport materials. A delivery drone will work with an anchor or basket-like feature on the bottom part. For instance, Amazon has been working on a drone-based delivery system for its packages. The goal of this system, which is called Amazon Prime Air, is to fly individual packages out to customers within 30 minutes of ordering. This system will also increase the overall safety and efficiency of the transportation system. Amazon Prime Air drones will be connected to the internet to allow flight control management and communication between the devices.

The use of these devices can effectively deliver goods in a shorter time than that road transport. An increase in traffic congestion has reduced the degree of vehicle maneuverability and poses several limitations to the delivery of goods by roads. The use of the devices for delivery will help in overcoming such limitations during the forecast period.

Major Challenge

Limitations associated with consumer camera drones are a major challenge impeding the market growth. Despite saving work and time, there are a few limitations of these products that are negatively affecting market growth. For example, an intruder has the ability to shoot down, capture, and disable unmanned aircraft vehicle system, and the high cost of consumer camera devices makes the purchase very expensive.

Although they are convenient to use, they have short battery life. The average lifespan of the battery is 10-15 minutes. Larger variants can fly up to 25 minutes and take around 3 hours to charge the batteries completely. The devices can be shot down, captured, and disabled by an intruder.Consumer camera devices are expensive. Permits and logistics may be costly or time-consuming depending upon the guidelines that will be put forth by the FAA and the Federal Government. Thus, the limitations associated with consumer camera devices will hamper the focused market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Consumer Drones Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Skytech Drone sp zoo - The company offers autonomous functions of drone professional applications in industries. The company's key offerings include consumer drones for agriculture, security, and sports.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

Based on product, the market is segmented into multirotor, fixed wing, and single rotor. The market share growth by the multirotor segment will be significant during the forecast period. Multirotor unmanned aircraft vehicle system are the most popular type of devices that are used by hobbyists and professionals. Aerial photography, video surveillance, and surveying are some of the applications of this segment.

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The ideal option for sending small cameras in the air for a relatively short period of time is fulfilled by Multirotor unmanned aircraft vehicle system. The user is provided with more control over positioning and framing to get a perfect aerial photo shot. Multirotor devices are the easiest to manufacture and the most economical to fly. However, these devices have limited flying time, less endurance, and less speed. They are not suited for long-distance surveying applications, mapping, or inspection. Due to rising demand in consumer and civic applications, the multi-rotor drone market segment has been growing rapidly in recent years. One of the main reasons for its increased acceptance is technological advancements. Thus, with the increasing demand for multi-rotor, the global market will grow during the forecast period.

Which are the Key Regions for the Market?

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North America is estimated to account for 36% of the global market share growth during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America is the largest operator of unmanned aircraft vehicle system around the globe. The drone market in the US majorly witnesses revenue contributions from military, defense, and commercial segments. However, the adoption in aerial photography has witnessed growth over the years. In North America, the US, Canada, and Mexico are the key leading countries for the market. Many companies in the region are also launching the devices with advanced technologies which will drive the market during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Product Outlook (USD Million, 2017 - 2027)
- Multirotor
- Fixed wing
- Single rotor

Distribution Channel Outlook (USD Million, 2017 - 2027)
- Offline
- Online

Region Outlook (USD Million, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Chile
  - Brazil
  - Argentina

Market Analyst Overview

The Market is at the intersection of technology, innovation, and user experience, reflecting advancements in precision agriculture, filmmaking, and environmental monitoring. These drones, equipped with cutting-edge algorithms and sensors, offer real-time data acquisition and analysis. From aiding farmers in crop monitoring and irrigation to providing filmmakers with dynamic shots, consumer drones have diverse applications. The market has seen substantial growth, driven by the increasing popularity of online marketplaces and the demand for personalized, creative content creation. The COVID-19 pandemic has accelerated drone adoption in areas like search and rescue, illustrating their role in emergency management. With continuous technological convergence, consumer drones are evolving as versatile tools with a significant impact on industries ranging from real estate and tourism to environmental monitoring and storytelling.

The market is evolving rapidly, offering innovative solutions for various applications ranging from personal recreation to professional use. Drones have gained attention due to their potential to address challenges like malnutrition and occupational safety and health through efficient observation and obstacle avoidance capabilities. As part of the market economy, consumer drones offer personalized services while adhering to regulations and ensuring occupational safety. Porter's Five Forces Analysis plays a crucial role in understanding the competitive landscape and procurement strategies in the market. With advancements in technology, unmanned aircraft vehicle system now feature real-time computing, object recognition, and technical support, enhancing their usability and utility across diverse sectors.These drones leverage cutting-edge technologies like thermographic cameras and ultrasonic transducers to improve functionality and sustainability. Retailers recognize the synergy between drones and productivity, facilitating resource allocation for weather-resistant unmanned aircraft vehicle system that can withstand various conditions. As consumer drones continue to gain traction, their lightweight design and skillful maneuverability redefine the boundaries of aerial exploration, making them indispensable tools for a wide range of applications in today's dynamic market landscape.

Consumer Drones Market Scope
Report Coverage	Details
Page number	161
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 14.76%
Market growth 2023-2027	USD 5,362.6 million
Market structure	Concentrated
YoY growth 2022-2023 (%)	13.89
Regional analysis	North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution	North America at 36%
Key countries	US, China, France, UK, and Switzerland
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	AeroVironment Inc., Autel Robotics Co. Ltd., Eachine, EHang Holdings Ltd., GoPro Inc., Guangdong Aircraft Industrial Co. Ltd., Guangzhou Walkera Technology Co. Ltd., Horizon Hobby LLC, Jianjian Technology Co. Ltd., Parrot Drones SAS, PrecisionHawk Inc., Shenzhen Hubsan Technology Co. Ltd., Shenzhen Zero UAV Tech. Co. Ltd., Skydio Inc., Skytech Drone sp zoo, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., and Yuneec International Co. Ltd.
Market dynamics	Parent market analysis, market growth and trends, market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our market research report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global consumer drones market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global consumer drones market 2017 - 2021 ($ million)

4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.3 Distribution Channel Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 Multirotor - Market size and forecast 2022-2027
- Exhibit 34: Chart on Multirotor - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Multirotor - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Multirotor - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Multirotor - Year-over-year growth 2022-2027 (%)

6.4 Fixed wing - Market size and forecast 2022-2027
- Exhibit 38: Chart on Fixed wing - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Fixed wing - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Fixed wing - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Fixed wing - Year-over-year growth 2022-2027 (%)

6.5 Single rotor - Market size and forecast 2022-2027
- Exhibit 42: Chart on Single rotor - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Single rotor - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Single rotor - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Single rotor - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Product
- Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
- Exhibit 47: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Distribution Channel - Market share 2022-2027 (%)

7.2 Comparison by Distribution Channel
- Exhibit 49: Chart on Comparison by Distribution Channel
- Exhibit 50: Data Table on Comparison by Distribution Channel

7.3 Offline - Market size and forecast 2022-2027
- Exhibit 51: Chart on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)

7.4 Online - Market size and forecast 2022-2027
- Exhibit 55: Chart on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Online - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Distribution Channel
- Exhibit 59: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 APAC - Market size and forecast 2022-2027
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 France - Market size and forecast 2022-2027
- Exhibit 93: Chart on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on France - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Switzerland - Market size and forecast 2022-2027
- Exhibit 101: Chart on Switzerland - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Switzerland - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Switzerland - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Switzerland - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption

11.4 Industry risks
- Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 110: Vendors covered

12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification

12.3 Autel Robotics Co. Ltd.
- Exhibit 112: Autel Robotics Co. Ltd. - Overview
- Exhibit 113: Autel Robotics Co. Ltd. - Product / Service
- Exhibit 114: Autel Robotics Co. Ltd. - Key offerings

12.4 Eachine
- Exhibit 115: Eachine - Overview
- Exhibit 116: Eachine - Product / Service
- Exhibit 117: Eachine - Key offerings

12.5 EHang Holdings Ltd.
- Exhibit 118: EHang Holdings Ltd. - Overview
- Exhibit 119: EHang Holdings Ltd. - Product / Service
- Exhibit 120: EHang Holdings Ltd. - Key news
- Exhibit 121: EHang Holdings Ltd. - Key offerings

12.6 GoPro Inc.
- Exhibit 122: GoPro Inc. - Overview
- Exhibit 123: GoPro Inc. - Product / Service
- Exhibit 124: GoPro Inc. - Key offerings

12.7 Guangdong Aircraft Industrial Co. Ltd.
- Exhibit 125: Guangdong Aircraft Industrial Co. Ltd. - Overview
- Exhibit 126: Guangdong Aircraft Industrial Co. Ltd. - Product / Service
- Exhibit 127: Guangdong Aircraft Industrial Co. Ltd. - Key offerings

12.8 Guangzhou Walkera Technology Co. Ltd.
- Exhibit 128: Guangzhou Walkera Technology Co. Ltd. - Overview
- Exhibit 129: Guangzhou Walkera Technology Co. Ltd. - Product / Service
- Exhibit 130: Guangzhou Walkera Technology Co. Ltd. - Key offerings

12.9 Horizon Hobby LLC
- Exhibit 131: Horizon Hobby LLC - Overview
- Exhibit 132: Horizon Hobby LLC - Product / Service
- Exhibit 133: Horizon Hobby LLC - Key offerings

12.10 Jianjian Technology Co. Ltd.
- Exhibit 134: Jianjian Technology Co. Ltd. - Overview
- Exhibit 135: Jianjian Technology Co. Ltd. - Product / Service
- Exhibit 136: Jianjian Technology Co. Ltd. - Key offerings

12.11 Parrot Drones SAS
- Exhibit 137: Parrot Drones SAS - Overview
- Exhibit 138: Parrot Drones SAS - Product / Service
- Exhibit 139: Parrot Drones SAS - Key offerings

12.12 PrecisionHawk Inc.
- Exhibit 140: PrecisionHawk Inc. - Overview
- Exhibit 141: PrecisionHawk Inc. - Product / Service
- Exhibit 142: PrecisionHawk Inc. - Key offerings

12.13 Shenzhen Hubsan Technology Co. Ltd.
- Exhibit 143: Shenzhen Hubsan Technology Co. Ltd. - Overview
- Exhibit 144: Shenzhen Hubsan Technology Co. Ltd. - Product / Service
- Exhibit 145: Shenzhen Hubsan Technology Co. Ltd. - Key offerings

12.14 Skydio Inc.
- Exhibit 146: Skydio Inc. - Overview
- Exhibit 147: Skydio Inc. - Product / Service
- Exhibit 148: Skydio Inc. - Key offerings

12.15 Skytech Drone sp zoo
- Exhibit 149: Skytech Drone sp zoo - Overview
- Exhibit 150: Skytech Drone sp zoo - Product / Service
- Exhibit 151: Skytech Drone sp zoo - Key offerings

12.16 SZ DJI Technology Co. Ltd.
- Exhibit 152: SZ DJI Technology Co. Ltd. - Overview
- Exhibit 153: SZ DJI Technology Co. Ltd. - Product / Service
- Exhibit 154: SZ DJI Technology Co. Ltd. - Key offerings

12.17 Yuneec International Co. Ltd.
- Exhibit 155: Yuneec International Co. Ltd. - Overview
- Exhibit 156: Yuneec International Co. Ltd. - Product / Service
- Exhibit 157: Yuneec International Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 158: Inclusions checklist
- Exhibit 159: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 160: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 161: Research methodology
- Exhibit 162: Validation techniques employed for market sizing
- Exhibit 163: Information sources

13.5 List of abbreviations
- Exhibit 164: List of abbreviations

in manufacturing industry: Market dynamics in some major processes and discrete industries are changing drastically, and manufacturers are gradually feeling the brunt of excessive demand fluctuations. The fluctuating prices of oil and gas and metals in the global market and the shortage of a skilled workforce worldwide have directly affected the profitability of manufacturing companies. A sudden and unexpected shift in market dynamics can drastically impact manufacturing processes and investments in capital goods.

slowdown in the automotive industry: High motorization rates in North America and Europe, the increase in tariffs on imported vehicles in the US and China, and the global economic slowdown are likely to reduce vehicle sales in the coming years. Anticipating a decline in vehicle sales, several vehicle manufacturers are halting their vehicle production. For instance, in March 2019, Ford announced the shutdown of its three vehicle-manufacturing sites in Russia. Similarly, in August 2019, Mahindra and Mahindra Ltd. stopped vehicle production at its manufacturing units in India for 8-14 days. During the same month, Maruti Suzuki announced that it had cut its vehicle production for the sixth consecutive month in 2019. In August 2019, Honda announced a halt in car production at its Argentina-based manufacturing plants. Such a slowdown in the automotive industry is expected to hamper the growth of the market during the forecast period.

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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