Global Consumer Camera Drones Market 2018-2022

The global consumer camera drones market size will grow by USD 1.12 billion during 2018-2022. This report offers an analysis of the market based on product (multirotor, fixed wing, and single rotor) and distribution channel (offline stores and online stores). The consumer camera drones market research report further presents an in-depth insight on the growth prospects of the market across the Americas, APAC, and EMEA. The report analyzes the market’s competitive landscape and offers information on several companies including BNN TECHNOLOGY, Guangzhou Walkera Technology, Hobbico, Parrot, and YUNEEC.

Below are some of the key findings from the consumer camera drones market research report

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Global consumer camera drones industry overview

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.

Top consumer camera drones companies covered in this market research report

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:

• BNN TECHNOLOGY
• Guangzhou Walkera Technology
• Hobbico
• Parrot
• YUNEEC

Consumer camera drones market segmentation based on geographic regions

• Americas
• APAC
• EMEA

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.

Consumer camera drones market segmentation based on products

• Multirotor
• Fixed wing
• Single rotor

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.

Key highlights of the global consumer camera drones market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the consumer camera drones market during the next five years
• Precise estimation of the global consumer camera drones market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the consumer camera drones industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the consumer camera drones companies

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