Consumer Drones Global Market Report 2023

Description

“Consumer Drones Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on consumer drones market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for consumer drones ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The consumer drones market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Fixed Wing Drone; Rotary Blade Drone; Hybrid Drone

2) By Technology: Remotely Operated Drone; Semi-Autonomous Drone; Autonomous Drone

3) By Application: Hobbyist & Gaming; Aerial Photography; Others

Companies Mentioned: 3D Robotics; Cheerson; Parrot S.A; DJI; Yuneec

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the consumer drones market are: 3D Robotics, Cheerson, Parrot S.A, DJI, Yuneec, EHang, Airdog, GoPro, Guangdong Cheerson Hobby Technology.

The global consumer drones market will grow from $4.85 billion in 2022 to $5.72 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The consumer drones market is expected to grow from $8.74 billion in 2027 at a CAGR of 11.2%.

The consumer (recreational) drone market consists of sales of remotely piloted and unpiloted aerial vehicles for general purposes such as recreation, fun, and entertainment by mass users. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The consumer (recreational) drone refers to unmanned aerial vehicles used for purposes of entertainment and have simple-to-use controls targeted at general public use rather than for commercial purposes.

North America was the largest region in consumer drones market in 2022. North America is expected to be the fastest growing region in the forecast period. The regions covered in the consumer drones market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The main types of consumer drones are fixed-wing drones, rotary-blade drones, and hybrid drones. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or autonomously by onboard systems. The different technologies include remotely operated drones, semi-autonomous drones, autonomous drones, and drones that are used in hobbies and gaming, aerial photography, and others.

The rising popularity of aerial photography is driving the consumer (recreational) drone market. Photography enthusiasts are increasingly using drones to capture photographs and videos from a birds-eye view, which would otherwise require high-end video cranes. This increase in popularity has led consumers to purchase hobbyist drones and use them for photography purposes, driving the market growth. According to the United States Federal Aviation Administration, there will be 3.5 million small hobbyist drones in 2021.

The slowdown in the use of commercial drones for outdoor activities and the unavailability of the workforce to carry out necessary operations owing to the COVID-19 outbreak are projected to limit the growth of the consumer drone industry. According to the World Health Organization, coronavirus is spread in 214 countries worldwide, disrupting manufacturing and logistics across various industries. Various e-commerce companies have discontinued the supply of non-essential items, affecting the consumer drone industry along with other electronic supplies. Many countries have announced lockdowns, prohibiting the inessential movement of their citizens out of their houses. Moreover, the shutdowns of major brand stores, hypermarkets, and supermarkets have resulted in a decline in sales through offline channels. According to Bisinfotech magazine, published in March 2020, the COVID-19 outbreak has affected bilateral trade worth $87 billion, with 163 Fortune 1000 companies around the globe having one or more direct (tier-1) suppliers impacted and at least five million companies having one or more tier-2 suppliers affected by the outbreak. Therefore, the slowdown in the use of commercial drones for outdoor activities alongside the negative impact on production activities, logistics, and unavailability of the workforce during coronavirus outbreaks is expected to act as a major restraint for the growth of the consumer drone market in the near future.

Drone manufacturers are increasingly using artificial intelligence to enable the automation of consumer drones. Consumer drones that fly beyond the controller's range and line-of-sight are being equipped with self-navigating technology through the integration of deep-learning algorithms and other machine learning methods. Drones are usually controlled using a wireless remote controller. However, with artificial intelligence, flight instructions can be programmed within the drone itself. Using variables such as target location, engine rotor speed, height, air-speed velocity, and other environmental factors, the drone can learn how to fly by itself and make self-corrections whenever necessary. For example, Skydio has created a drone called the R1, which uses machine learning to maneuver itself in mid-air and follow a person (target) wherever they go.

In January 2020, Red Cat Holdings Inc. announced the acquisition of Rotor Riot for an undisclosed amount. This acquisition is expected to combine resources and expertise to facilitate growth for both companies in order to expand the consumer base for FPV drones. The companies also aim at developing and providing new and exciting technologies for drones for the hobby, lifestyle, and commercial industries. Rotor Riot is a provider of FPV freestyle drone content and products for sports and hobbies.

The countries covered in the consumer drones market are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The consumer drones market research report is one of a series of new reports from The Business Research Company that provides consumer drones market statistics, including consumer drones industry global market size, regional shares, competitors with a consumer drones market share, detailed consumer drones market segments, market trends and opportunities, and any further data you may need to thrive in the consumer drones industry. This consumer drone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r1772

1. Executive Summary

2. Consumer (Recreational) Drones Market Characteristics

3. Consumer (Recreational) Drones Market Trends And Strategies

4. Consumer (Recreational) Drones Market - Macro Economic Scenario

4.1 COVID-19 Impact On Consumer (Recreational) Drones Market

4.2 Ukraine-Russia War Impact On Consumer (Recreational) Drones Market

4.3 Impact Of High Inflation On Consumer (Recreational) Drones Market

5. Consumer (Recreational) Drones Market Size And Growth

5.1. Global Consumer (Recreational) Drones Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Consumer (Recreational) Drones Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Consumer (Recreational) Drones Market Segmentation

6.1. Global Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Fixed Wing Drone
Rotary Blade Drone
Hybrid Drone
6.2. Global Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Remotely Operated Drone
Semi-Autonomous Drone
Autonomous Drone
6.3. Global Consumer (Recreational) Drones Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Hobbyist & Gaming
Aerial Photography
Others

7. Consumer (Recreational) Drones Market Regional And Country Analysis

7.1. Global Consumer (Recreational) Drones Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Consumer (Recreational) Drones Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Consumer (Recreational) Drones Market

8.1. Asia-Pacific Consumer (Recreational) Drones Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Consumer (Recreational) Drones Market

9.1. China Consumer (Recreational) Drones Market Overview
9.2. China Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Consumer (Recreational) Drones Market

10.1. India Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Consumer (Recreational) Drones Market

11.1. Japan Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Consumer (Recreational) Drones Market

12.1. Australia Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Consumer (Recreational) Drones Market

13.1. Indonesia Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Consumer (Recreational) Drones Market

14.1. South Korea Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Consumer (Recreational) Drones Market

15.1. Western Europe Consumer (Recreational) Drones Market Overview
15.2. Western Europe Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Consumer (Recreational) Drones Market

16.1. UK Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Consumer (Recreational) Drones Market

17.1. Germany Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Consumer (Recreational) Drones Market

18.1. France Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Consumer (Recreational) Drones Market

19.1. Eastern Europe Consumer (Recreational) Drones Market Overview
19.2. Eastern Europe Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Consumer (Recreational) Drones Market

20.1. Russia Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Consumer (Recreational) Drones Market

21.1. North America Consumer (Recreational) Drones Market Overview
21.2. North America Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Consumer (Recreational) Drones Market

22.1. USA Consumer (Recreational) Drones Market Overview
22.2. USA Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Consumer (Recreational) Drones Market

23.1. South America Consumer (Recreational) Drones Market Overview
23.2. South America Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Consumer (Recreational) Drones Market

24.1. Brazil Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Consumer (Recreational) Drones Market

25.1. Middle East Consumer (Recreational) Drones Market Overview
25.2. Middle East Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Consumer (Recreational) Drones Market

26.1. Africa Consumer (Recreational) Drones Market Overview
26.2. Africa Consumer (Recreational) Drones Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Consumer (Recreational) Drones Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Consumer (Recreational) Drones Market Competitive Landscape And Company Profiles

27.1. Consumer (Recreational) Drones Market Competitive Landscape
27.2. Consumer (Recreational) Drones Market Company Profiles
- 27.2.1. 3D Robotics
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. Cheerson
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. Parrot S.A
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. DJI
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. Yuneec
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Consumer (Recreational) Drones Market

29. Consumer (Recreational) Drones Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer