Market Overview:
The global consumer grade drone market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for drones for recreational purposes, rising adoption of drones in commercial applications and technological advancements in drone technology. Based on type, the quadrotor segment is expected to account for a major share of the global consumer grade drone market during the forecast period. This can be attributed to their growing popularity among consumers due to their ease of use and low cost. Based on application, aerial photography is expected to account for a major share of the global consumer grade drone market during the forecast period owing to its growing demand from hobbyists and businesses alike.
Product Definition:
A consumer grade drone is a type of unmanned aerial vehicle (UAV) that is designed for recreational or commercial use by consumers. Consumer grade drones typically have more limited capabilities than those intended for military or commercial applications.
Quadrotor:
Quadrotor is a four-winged device that has four main rotor blades and one or more sets of propellers. It can be used for aerial photography and surveillance, mapping, monitoring, inspection & testing applications. The global quadrotor market size was valued at USD 685 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Multi-rotor:
Multi-rotor is a type of drone that has more than two rotor blades. It is also known as hybrid multi-rotor or compound helicopter. The multi-rotors can be of various types such as fixed wing, ducted fan, and jet engine based among others. The drones in this category are primarily used for aerial photography and videography but have other applications too including inspection, monitoring and mapping among others.
Application Insights:
The aerial application segment dominated the global consumer grade drone market in 2017. Aerial filming and photography is one of the major applications for drones. The others segment includes emergency services, mapping, inspection, and surveillance among others. Drones equipped with high-definition cameras are extensively used by several companies for their business activities as well as personal use cases such as photography and filmmaking. For instance, DJI offers a professional camera drone named Mavic Pro which has features such as 4K video recording capability along with obstacle avoidance technology that helps in capturing smooth videos even at high altitudes.
Drones have numerous uses in play applications also known as recreational flying or hobbyist flying where individuals fly drones recreationally without any intention of making money from their flights like commercial users do but purely for fun or interest purposes only (hobbyists).
Regional Analysis:
North America dominated the global market in 2017 owing to the rise in popularity of drones for recreational and leisure purposes. The U.S. is considered as one of the most lucrative markets for these devices, due to increased adoption by businesses for professional uses such as real estate inspection, oil exploration, pipeline monitoring, agricultural activities among others.
The European region accounted for a significant share of revenue in 2017 owing to increasing use by businesses over there.
Asia Pacific is expected to grow at an exponential rate throughout the forecast period with China being its key contributor.
Growth Factors:
- Increasing demand for drones from the commercial sector for purposes such as infrastructure inspection, mapping, and surveying.
- The increasing popularity of drone racing as a sport.
- The increasing use of drones by the military for reconnaissance and other strategic purposes.
- Advances in drone technology that make them more user-friendly and easier to operate, thus expanding their appeal to a wider audience.
- Decreasing prices of drones due to advancements in manufacturing processes and increased competition among manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Consumer Grade Drone Market Research Report
By Type
Quadrotor, Multi-rotor
By Application
Aerial, Play, Others
By Companies
GDU, DJI, XAG, ChinaRSGeoinformaticsCo.,Ltd, PowerVision, Parrot, AscTec(Intel), Microdrones, EHANG, GDU
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Consumer Grade Drone Market Report Segments:
The global Consumer Grade Drone market is segmented on the basis of:
Types
Quadrotor, Multi-rotor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerial, Play, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GDU
- DJI
- XAG
- ChinaRSGeoinformaticsCo.,Ltd
- PowerVision
- Parrot
- AscTec(Intel)
- Microdrones
- EHANG
- GDU
Highlights of The Consumer Grade Drone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Quadrotor
- Multi-rotor
- By Application:
- Aerial
- Play
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Consumer Grade Drone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Consumer grade drones are typically smaller and less expensive than professional grade drones. They may not have the same features or capabilities as more expensive models, but they are still capable of providing a lot of fun and entertainment.
Some of the key players operating in the consumer grade drone market are GDU, DJI, XAG, ChinaRSGeoinformaticsCo.,Ltd, PowerVision, Parrot, AscTec(Intel), Microdrones, EHANG, GDU.
The consumer grade¢‚¬€šdrone market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Consumer Grade Drone Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Consumer Grade Drone Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Consumer Grade Drone Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Consumer Grade Drone Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Consumer Grade Drone Market Size & Forecast, 2018-2028
4.5.1 Consumer Grade Drone Market Size and Y-o-Y Growth
4.5.2 Consumer Grade Drone Market Absolute $ Opportunity
Chapter 5 Global Consumer Grade Drone Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Consumer Grade Drone Market Size Forecast by Type
5.2.1 Quadrotor
5.2.2 Multi-rotor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Consumer Grade Drone Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Consumer Grade Drone Market Size Forecast by Applications
6.2.1 Aerial
6.2.2 Play
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Consumer Grade Drone Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Consumer Grade Drone Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Consumer Grade Drone Analysis and Forecast
9.1 Introduction
9.2 North America Consumer Grade Drone Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Consumer Grade Drone Market Size Forecast by Type
9.6.1 Quadrotor
9.6.2 Multi-rotor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Consumer Grade Drone Market Size Forecast by Applications
9.10.1 Aerial
9.10.2 Play
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Consumer Grade Drone Analysis and Forecast
10.1 Introduction
10.2 Europe Consumer Grade Drone Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Consumer Grade Drone Market Size Forecast by Type
10.6.1 Quadrotor
10.6.2 Multi-rotor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Consumer Grade Drone Market Size Forecast by Applications
10.10.1 Aerial
10.10.2 Play
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Consumer Grade Drone Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Consumer Grade Drone Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Consumer Grade Drone Market Size Forecast by Type
11.6.1 Quadrotor
11.6.2 Multi-rotor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Consumer Grade Drone Market Size Forecast by Applications
11.10.1 Aerial
11.10.2 Play
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Consumer Grade Drone Analysis and Forecast
12.1 Introduction
12.2 Latin America Consumer Grade Drone Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Consumer Grade Drone Market Size Forecast by Type
12.6.1 Quadrotor
12.6.2 Multi-rotor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Consumer Grade Drone Market Size Forecast by Applications
12.10.1 Aerial
12.10.2 Play
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Consumer Grade Drone Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Consumer Grade Drone Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Consumer Grade Drone Market Size Forecast by Type
13.6.1 Quadrotor
13.6.2 Multi-rotor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Consumer Grade Drone Market Size Forecast by Applications
13.10.1 Aerial
13.10.2 Play
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Consumer Grade Drone Market: Competitive Dashboard
14.2 Global Consumer Grade Drone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GDU
14.3.2 DJI
14.3.3 XAG
14.3.4 ChinaRSGeoinformaticsCo.,Ltd
14.3.5 PowerVision
14.3.6 Parrot
14.3.7 AscTec(Intel)
14.3.8 Microdrones
14.3.9 EHANG
14.3.10 GDU
