Get more information on Consumer Drones Market - Request Sample Report
The Consumer Drones Market size was valued at USD 5.20 Billion in 2023. It is estimated to reach USD 15.78 Billion by 2032, growing at a CAGR of 13.15% during 2024-2032.
Advancements in technology, affordability, and a growing number of uses have fueled significant growth in the consumer drones market in recent years. As drone technology has advanced, these devices have changed from being specialized tools for hobbyists and experts to convenient gadgets for the general public. The increasing demand for aerial photography and videography is a major driver behind the growth of the consumer drones industry. The field of photography is set to experience substantial expansion, with an estimated 17% rise in photography-related job opportunities expected by 2023. Every year, around 12,700 job opportunities are expected, indicating a high need for experts in this industry. In the year 2023, approximately 110,500 professional photographers were working in the United States, with 68% of them working for themselves. In 2023, the United States held a majority share of approximately 56% in the worldwide photography market, showcasing its leadership in this industry. Enthusiasts and hobbyist photographers have welcomed drones as a way to capture amazing aerial shots that were once hard or impossible to get. Due to the arrival of small, easy-to-use drones that come with top-notch cameras, people can effortlessly produce professional-level content for personal enjoyment or sharing on social media.
Farmers and agricultural experts are relying more on drones for precision farming techniques. In 2023, around 20% of American farmers have started using drone technology for tasks such as crop monitoring, soil analysis, and precision agriculture. Studies have shown that roughly 70% of these farmers have mentioned increased efficiency and cost savings as a result of using drones. Additionally, more than 1,800 agricultural drone operators have been approved by the FAA, indicating an increasing acknowledgment of their importance in improving efficiency and sustainability in agriculture. Farmers can utilize drones with multispectral cameras to take precise crop images for evaluating plant health, tracking irrigation requirements, and enhancing fertilizer usage. This method based on data allows for more effective agriculture, resulting in higher outputs and decreased expenses. Drones are crucial in modernizing agriculture and boosting productivity by giving immediate updates on crop conditions.
Drivers
The rise of consumer drones fueled by aerial photography trends.
The prime driver of the consumer drones market is the growing popularity of aerial photography and videography. Affordable drones with high-resolution cameras have become increasingly widespread, and many people use them to explore the possibilities for creating unique types of footage. Arguably, the primary factor explaining such developments is the influence of social media platforms, notably Instagram and YouTube. Many amateur photographers and videographers seek to emulate the stunning visuals they encounter online, and drones have enabled them to take the kinds of shots that used to require professionals and highly expensive equipment. In that way, the products of the consumer drones market were relatively novel. Notably, many other features have also contributed to the popularity of drones, such as the advancement of camera technology that enables higher resolution, gimbal stabilization, and HDR capabilities. As more people begin appreciating how drones can be used to create unique types of content, this trend will also likely drive market growth.
E-commerce expansion fuels growth in the consumer drones market.
The expansion of the e-commerce industry and the rising demand for delivery services are driving the growth of the consumer drone market. At the same time, many companies are experimenting with drones as an optimal solution for Autonomous last-mile delivery, as the shipping time can be shortened considerably. Currently, Amazon and Google are actively developing drone delivery systems and improving their logistics with the appropriate tools. Overall, drones offer an opportunity to send cargo by aerial routes, and their delivery duration can be as little as 30 minutes, which would directly contribute to higher customer satisfaction and enable companies to increase their revenue. In the context of increased urbanization and demand for fast delivery, it becomes clear that the logistics and e-commerce sectors will largely benefit from such technologies, and drones’ application values broaden. Thus, the growing application of drones for delivery calls for the growth of the consumer drone market.
Restraints
The challenge of limited flight time in consumer drones.
Consumer drones are faced with many constraints, some of which pertain directly to their limited flight time/battery life. Unfortunately, flight duration on the average consumer drone is usually limited to about 20 to 30 minutes – something that can be disadvantageous to the user desiring extended drone capabilities. It is a mere inconvenience, but after about 30 minutes of flight, the designed average batteries come to a stop. As users, a limited battery life is likely to have a whole lot of people becoming frustrated by the setback of not being able to run applications that require longer drone operational periods. The inconveniences of charging them or even replacing the battery costs time and money. Advanced features and increased flight duration, therefore, reduce efficiency and denigrate the effectiveness of drones on serious users. This case causes a significant challenge to manufacturers and limits the extent of drones’ adoption. Notably, increased flight time and battery power are becoming consumer demands and thus a feature that suppliers must include in their products. The effect of current batteries not sustaining the two core aspects of their operation is, therefore, acting as a limiter to their adoption, and customers are likely to seek alternatives to primary and non-performing drones.
by Product
Multi-rotor drones dominated the consumer drone market in 2023 with a 70% market share because of their versatility and ease of use. These drones usually have four or more rotors, which help with stability and control, making them perfect for a range of uses such as aerial photography, videography, and leisurely flying. The increasing use of social media has also driven up the need for multi-rotor drones, as people want top-notch pictures to post online. DJI, a top player in the drone sector, provides drone models such as the DJI Phantom and Mavic series that are suitable for both beginners and experienced users.
Nano drones are supposed to have a faster CAGR during 2024-2032, due to their compact size and growing accessibility. These miniature drones are made for indoor flying and often come with simple functionalities, which make them attractive to beginners and kids. Their lightweight design permits easy transportability, allowing users to fly them in tight spaces without needing advanced piloting abilities. Parrot and Ryze Tech have released drones like the Parrot MiniDrone and Tello, great for education, beginners, and enjoyment.
To Get Customized Report as Per Your Business Requirement - Request For Customized Report
by Application
The Toy/Hobbyist sector led the market in 2023 with a 42% market share. Known for inexpensive and user-friendly drones, this sector appeals to a wide range of people, such as kids, parents, and amateur enthusiasts. These drones are commonly equipped with simple cameras or are made for racing and fun activities, making them suitable for users without prior drone experience. Brands like Holy Stone and Potensic are well-known in this category, providing affordable models that are created for enjoyment, like the Holy Stone HS210 Mini Drone with headless mode and altitude hold.
The prosumer segment is accounted to experience the fastest CAGR during 2024-2032, as it is fueled by the increasing desire for top-notch aerial photography and videography among enthusiasts and semi-professionals. Prosumer drones come equipped with features like 4K cameras, GPS capabilities, and automated flight modes, perfect for users who want top-notch quality and user-friendly functions. Companies such as DJI have taken advantage of this trend by offering products like the Mavic Air 2, which blends easy-to-use controls with high-quality camera features, making it popular among prosumers.
North America dominated the market with a 37.18% market share due to advanced technology usage and strong regulations. The area is home to important companies like DJI, Parrot, and Yuneec, leading the way in innovation and developing new products. The rise in consumer drone usage for photography, videography, and leisure activities has driven market expansion. Furthermore, improvements in drone technology, like better battery longevity and upgraded camera functions, are still appealing to customers.
The APAC region is to become the fastest-growing region during the forecast period 2024-2032, due to fast urbanization and rising disposable income among consumers. Nations such as China and Japan are at the forefront, with DJI being a frontrunner in both innovation and large-scale manufacturing. The rise of social media and the increasing popularity of creating content have led to a higher demand for drones, especially among millennials and younger age groups. Possible uses of drones are personal photography, recreational flying, and delivery services, particularly in urban locations where conventional delivery methods might not be as effective.
Key Players
The key players in the Consumer Drones market are:
Walkera (F210 Racing Drone, Vitus 320)
Potensic (D80, Drones for Kids with Camera)
Sky Viper (Sky Viper V2450, Sky Viper 2400)
3D Robotics (Solo Drone, Iris+)
Cheerson (Cheerson CX-10, Cheerson CX-20)
Parrot S.A (Parrot Anafi, Parrot Bebop 2)
DJI (DJI Mavic Air 2, DJI Phantom 4 Pro)
Yuneec (Yuneec Typhoon H, Yuneec Breeze)
EHang (EHang 184, EHang Falcon)
Airdog (Airdog ADII, Airdog AD1)
GoPro (GoPro HERO10 Black, GoPro MAX)
Guangdong Cheerson Hobby Technology (Cheerson CX-30, Cheerson CX-33)
Hobbico (Hobbico NexSTAR EP RTF, Hobbico Mini Super Cub)
Shenzhen Hubsan Technology (Hubsan H501S X4, Hubsan H107D)
Horizon Hobby (Horizon Hobby E-flite Timber X, Horizon Hobby Blade 230 S)
Guangdong Syma Model Aircraft Industrial (Syma X5C, Syma X8G)
Walkera (Walkera Voyager 4, Walkera QR X350 Pro)
ZEROTECH (ZEROTECH Dobby, ZEROTECH ZERODRONE)
Recent Development
February 2024: Autel Robotics launched EVO Lite+. The compact aircraft boasts 6K video resolution and a bonus of an extended flight time of maximum up to 40 minutes. It is tailored to cater to both hobbyists and professionals, offering features, which allow for customizable shooting settings.
January 2024: Skydio launched the X2, an all-purpose drone designed with the needs of both the commercial and consumer markets in mind. The drone’s distinctive feature is that it is built on an AI platform, which allows it to be free of no-fly zones and suited for even the most dynamic environments.
May 2023: DJI launched the DJI Mini 3 Pro, a compact drone, which has been enhanced and powered with a 48MP camera and 4K video recording features. The device is marketed as being perfect both for beginners and gurus, offering the most advanced camera capabilities.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 5.20 Billion |
| Market Size by 2032 | USD 15.78 Billion |
| CAGR | CAGR of 13.15% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Multi-rotor, Nano, Others (Fixed-wing, Hybrid)) • By Application (Prosumer, Toy/Hobbyist, Photogrammetry) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Walkera, Potensic, Sky Viper, 3D Robotics, Cheerson, Parrot S.A, DJI, Yuneec, EHang, Airdog, GoPro, Guangdong Cheerson Hobby Technology, Hobbico, Shenzhen Hubsan Technology, Horizon Hobby, Guangdong Syma Model Aircraft Industrial, Walkera, ZEROTECH |
| Key Drivers | • The rise of consumer drones fueled by aerial photography trends. • E-commerce expansion fuels growth in the consumer drones market. |
| RESTRAINTS | • The challenge of limited flight time in consumer drones. |
Ans: The Consumer Drone Market is expected to grow at a CAGR of 13.15%.
Ans: Consumer Drone Market size was USD 5.20 Billion in 2023 and is expected to Reach USD 15.78 Billion by 2032.
Ans: Affordable drones with advanced sensors like thermal and multi-spectral imaging are fueling the consumer drone market
Ans: Consumer drone flights are limited by strict government rules about privacy, safety and airspace
Ans: The North America holds the dominant position with the market share of 38%.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Consumer Drones Production Volumes, by Region (2023)
5.2 Consumer Drones Chip Design Trends (Historic and Future)
5.3 Consumer Drones Capacity Utilization (2023)
5.4 Supply Chain Metrics
6. Competitive Landscape
6.1 List of Major Companies, by Region
6.2 Market Share Analysis, by Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Consumer Drones Market Segmentation, by Product
7.1 Chapter Overview
7.2 Multi-rotor
7.2.1 Multi-rotor Market Trends Analysis (2020-2032)
7.2.2 Multi-rotor Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Nano
7.3.1 Nano Market Trends Analysis (2020-2032)
7.3.2 Nano Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Others (Fixed-wing, Hybrid)
7.4.1 Others (Fixed-wing, Hybrid) Market Trends Analysis (2020-2032)
7.4.2 Others (Fixed-wing, Hybrid) Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Consumer Drones Market Segmentation, by Application
8.1 Chapter Overview
8.2 Prosumer
8.2.1 Prosumer Market Trends Analysis (2020-2032)
8.2.2 Prosumer Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Toy/Hobbyist
8.3.1 Toy/Hobbyist Market Trends Analysis (2020-2032)
8.3.2 Toy/Hobbyist Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Photogrammetry
8.4.1 Photogrammetry Market Trends Analysis (2020-2032)
8.4.2 Photogrammetry Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Consumer Drones Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.4 North America Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.5.2 USA Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.6.2 Canada Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.7.2 Mexico Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Consumer Drones Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.5.2 Poland Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.6.2 Romania Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Consumer Drones Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.4 Western Europe Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.5.2 Germany Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.6.2 France Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.7.2 UK Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.8.2 Italy Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.9.2 Spain Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.12.2 Austria Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4 Asia-Pacific
9.4.1 Trends Analysis
9.4.2 Asia-Pacific Consumer Drones Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia-Pacific Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.4 Asia-Pacific Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.5.2 China Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.5.2 India Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.5.2 Japan Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.6.2 South Korea Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.7.2 Vietnam Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.8.2 Singapore Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.9.2 Australia Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.10 Rest of Asia-Pacific
9.4.10.1 Rest of Asia-Pacific Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia-Pacific Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Consumer Drones Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.4 Middle East Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.5.2 UAE Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Consumer Drones Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.2.4 Africa Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Consumer Drones Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.4 Latin America Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.5.2 Brazil Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.6.2 Argentina Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.7.2 Colombia Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Consumer Drones Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Consumer Drones Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10. Company Profiles
10.1 Walkera
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 Potensic
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Sky Viper
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 3D Robotics
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Cheerson
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Parrot S.A.
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 DJI
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 Yuneec
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 EHang
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Airdog
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Product
By Application
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Horticulture Lighting Market Size was valued at USD 3.76 billion in 2023, and is expected to reach USD 23.08 billion by 2032, and grow at a CAGR of 22.34% over the forecast period 2024-2032.
The MEMS Gyroscopes Market Size was valued at USD 2.11 Billion in 2023 and is expected to grow at a CAGR of 6.58% to reach USD 3.72 Billion by 2032.
The Surface Mount Technology (SMT) Market size was valued at USD 6.36 billion in 2023 and is expected to grow to USD 12.60 billion by 2032 and grow at a CAGR of 7.9 % over the forecast period of 2024-2032.
The Servo Motors and Drives Market Size was valued at USD 16.85 billion in 2023, and is expected to reach USD 29.22 billion by 2032, and grow at a CAGR of 6.42% over the forecast period 2024-2032.
The 5G mm-Wave Technology Market Size was USD 3.04 billion in 2023 and will reach USD 10.49 Billion by 2032, growing at a CAGR of 14.77% from 2024-2032.
The Livestock Monitoring Market Size was valued at USD 1.85 billion in 2023 and is expected to reach USD 4.570 billion by 2032 and grow at a CAGR of 10.57 % over the forecast period 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
