Market Overview

Global Consumer Drones Market 2018-2026: CAGR is Projected to Grow at 20.9% - ResearchAndMarkets.com

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The "Global
Consumer Drones Market Size, Market Share, Application Analysis,
Regional Outlook, Growth Trends, Key Players, Competitive Strategies and
Forecasts, 2018 To 2026"
report has been added to ResearchAndMarkets.com's
offering.

The global consumer drones market is estimated to reach US$ 11,290.6 Mn
in 2026 growing at a CAGR of 20.9% during the forecast period from 2018
to 2026.

The demand for consumer drones has taken off in the last couple of years
and hobbyist drones have become a common sight. However, still there is
plenty of room for the market growth.

One of the most prominent factors aiding the consumer drones market
growth is the fact that these drones are widely adopted by photography
enthusiasts. The application of drones for the purpose of photography
has been one of the most exciting developments in the area of
photography in the last two years.

Moreover, the fact that the cost of drones has reduced significantly has
further helped the market to flourish. However, the flying
characteristics and the quality of camera on-board greatly depends on
the price tag associated with the drone.

In addition, ease of operation is another prominent factor aiding the
consumer drones market growth. For instance, Fly Straight Out of the Box
is a popular term in use in the world of drones which highlights the
ease with which a drone can be flown. These factors in combination are
expected to drive the consumer drones market growth in the years to come.

However, the existence of certain rules and regulations associated with
flying a drone acts as a restraining factor for the market growth. Lack
of proper training to fly a drone is another factor impacting the market
growth negatively. As drones are often expensive, therefore proper
training is required to fly a drone.

With technological advancements, manufacturers of consumer drones are
developing drones with increased weight carrying capacity and with
enhanced controls.

Companies Profiled

  • 3D Robotics
  • Guangdong Cheerson Hobby Technology
  • Parrot
  • SZ DJI Technology
  • Yuneec International
  • Autel Robotics
  • SkyTech Drones
  • Hobbico
  • Horizon Hobby
  • Mota Group
  • EHang

For more information about this report visit https://www.researchandmarkets.com/research/gq85cw/global_consumer?w=4

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