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The advancements in sensors and the emergence of low-cost drones is one of the major factors driving the consumer camera drones market. Vendors in the drone market are capitalizing on the availability of mobile, intelligent, and connected sensors to enhance the capabilities of their offerings. Consumer drones are majorly equipped with GPS, inertial image, and ultrasound-based range sensors. With improvements in technological functionalities and features, consumer drones are being equipped with thermal, hyperspectral, and multispectral sensors. Additionally, with the reduction in the price of sensors, the demand for consumer drones will increase in the forthcoming years, which will result in the growth of the consumer camera drones market.
The growing adoption of delivery drones is one of the key consumer camera drone market trends. A delivery drone functions with an anchor or basket-like feature on the bottom part to transport materials. For instance, delivery drones are being developed by e-commerce players to fly individual packages to customers within 30 minutes of ordering. Fixed wing hybrid drones, which can take off and land vertically are also being developed. These drones can also be used as aid drones. They can deliver first-aid materials and other items to a person who needs medical attention instead of waiting for proper authorities to reach a certain spot. Thus, the growing interest in delivery drones is leading to complete development and progress in this sector, resulting in a boom in the consumer camera drones market. Researchers project the consumer camera drones market to grow at a CAGR of over 15% during the forecast period.
The consumer camera drones market is moderately fragmented and in the growth phase. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this consumer camera drones industry analysis report is designed to aid clients identify and build new growth strategies.
The report offers a complete analysis of various companies including:
According to the global consumer camera drones market analysis, the Americas will lead the consumer camera drones market share during the projected years. Whereas, the APAC region will account for the highest consumer camera drones market growth throughout the forecast period.
The multirotor consumer camera drones will continue to dominate the consumer camera drones market share during the forecast period. Whereas, single rotor consumer camera drones will account for the highest consumer camera drones market growth. Additionally, the report will also provide an accurate prediction of the contribution of the various product segments to the growth of the consumer camera drones market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
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
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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