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Written by stanley huds » Updated on: November 25th, 2024
IMARC Group’s report titled “Consumer Drone Market Report by Product (Multi-rotor, Nano, and Others), Technology (Autonomous Drone, Semi-Autonomous Drone, Remotely Operated Drone), Distribution Channel (Online, Offline), Application (Toy/Hobbyist, Prosumer, Photogrammetry), and Region 2024-2032”. The global consumer drone market size reached US$ 4.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.2 Billion by 2032, exhibiting a growth rate (CAGR) of 10.86% during 2024-2032.
Grab a sample PDF of this report: https://www.imarcgroup.com/consumer-drone-market/requestsample
The growing adoption of consumer drones due to their decreasing prices is offering a positive market outlook. In line with this, key manufacturers are introducing a range of drone models at various price points, allowing people to choose that aligns with their budget and requirements. Besides this, the wide availability of second-hand or refurbished drones provides a cost-effective option for individuals. Furthermore, cost reduction assists in attracting a larger consumer base across the globe, which is impelling the market growth.
Technological advancements, such as the integration of high-resolution cameras and advanced image stabilization technologies, in consumer drones make them ideal for photography and videography enthusiasts. Besides this, advancements in battery technology assist in providing longer flight times. They also allow drones to perform activities, such as aerial exploration and monitoring tasks, for extended hours. In line with this, consumer drones are equipped with features, such as obstacle avoidance, global positioning system (GPS) navigation, and autonomous flight modes, which is strengthening the growth of the market.
The growing demand for consumer drones on account of the rising trend of aerial photography and videography among the masses across the globe is positively influencing the market. People are increasingly using drones to capture stunning aerial imagery and videos for both personal and professional purposes. In addition, the rising utilization of consumer drones in weddings and events to capture shots and record videos from different angles with high quality is propelling the growth of the market. Drones are also used in real estate applications to showcase properties and scenic destinations to individuals.
Explore full report with table of contents: https://www.imarcgroup.com/consumer-drone-market
Leading Companies Operating in the Global consumer drone Industry:
Consumer Drone Market Report Segmentation:
By Product:
Multi-rotor represented the largest segment as it can hover, take off, and land drones vertically.
On the basis of technology, the market has been divided into autonomous drone, semi-autonomous drone, and remotely operated drone.
By Distribution Channel:
Based on the distribution channel, the market has been bifurcated into online and offline.
By Application:
Toy or hobbyist hold the biggest market share due to their user-friendly feature and affordable price range.
Regional Insights:
North America dominates the consumer drone market on account of the presence of numerous key manufacturers.
Global Consumer Drone Market Trends:
Key manufacturers are investing in research and development (R&D) activities to make consumer drones user-friendly. They are also introducing features like one-touch take-off and landing, intuitive smartphone apps for control, and beginner-friendly flight modes. This accessibility features encourages individuals to purchase drones, which is bolstering the market growth.
Consumer drones are perceived as an eco-friendly mode of transportation compared to traditional vehicles. The electric propulsion systems used in many consumer drones produce fewer emissions and have a smaller carbon footprint that assists in attracting eco-conscious people.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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