Categories: Drones

The Global Consumer Drones Market is Poised to Grow by $22.26 Bn During 2022-2026 at a CAGR of 28.66% – ResearchAndMarkets.com

Consumer Drone Market

DUBLIN March 16, 2022 – The publisher has been monitoring the consumer drones market and it is poised to grow by $ 22.26 bn during 2022-2026, progressing at a CAGR of 28.66% during the forecast period. This report on the consumer drones market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the advancement in sensors and the emergence of low-cost drones, a growing number of acquisitions and partnerships, and the rise in the popularity of drone racing.

The consumer drones market analysis includes distribution channel and product segments and geographic landscape.

The consumer drones market is segmented as below:

By Distribution Channel

Offline
Online

By Product

Multirotor
Fixed wing
Single rotor

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

DJI-Mavic

This study identifies the availability of affordable consumer drones as one of the prime reasons driving the consumer drones market growth during the next few years. Also, the adoption of delivery drones and virtual reality experience through drones will lead to sizable demand in the market.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

This report on the consumer drones market covers the following areas:

Consumer drones market sizing
Consumer drones market forecast
Consumer drones market industry analysis

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Commenting on the report, an analyst from the publisher said: ‘The latest trend gaining momentum in the market is the availability of affordable consumer drones.’

According to the report, one of the major drivers for this market is the advancement in sensors and the emergence of low-cost drones.

Companies Mentioned