Market Overview:
The global professional and consumer drones market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for drones for commercial and civil applications, and defense applications. The North America region is expected to dominate the global professional and consumer drones market during the forecast period, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
A professional drone is a multi-rotor aircraft that is designed for commercial use. These drones are used in a variety of industries, including agriculture, cinematography, and construction. Consumer drones are typically smaller quadcopters that are designed for recreational use. While they may have some commercial applications, their primary purpose is to provide enjoyment to the user. The importance of professional and consumer drones lies in their ability to perform different tasks.
Professional Drones:
Professional drones are those used by media and entertainment industry, such as aerial photography and video recording. They are also used for professional surveyors to capture accurate measurements of large areas. The increasing demand for real estate across the globe is expected to be a major factor driving the growth of this market over the forecast period.
Consumer Drones:
Consumer drones are small Unmanned Aerial Vehicle (UAV) that is operated by a remote control. They are used for recreational and professional purposes such as aerial photography, videography, and others. The increasing popularity of these devices among the common mass owing to their low cost has been one of the major factors driving market growth over the past few years. Additionally, technological advancements in this field have also led to increased adoption rate among consumers which further propels industry growth over the forecast period.
Application Insights:
The commercial and civil segment dominated the global professional and consumer drones market, accounting for more than 60.0% share of the total revenue in 2017. This is attributed to increasing adoption of UAVs for aerial filming/photography, data collection, mapping, agriculture/forestry monitoring and other applications such as real estate development inspection. Furthermore, growing demand from media & entertainment companies for aerial photography is also expected to contribute significantly towards segment growth over the forecast period.
UAVs have numerous uses in defense applications including target acquisition & surveillance; battlefield awareness; logistics & transportation; intelligence gathering; and anti-armour warfare which are yet to be fully realized owing to high costs associated with them compared with conventional aircraft fleets.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. The U.S. is considered to be the hub of drones and is home to several key drone manufacturers including DJI, Yuneec International BV, Parrot SA, and 3D Robotics LLC among others. North America has also been a witness to several high-profile accidents involving commercial drones over populated areas resulting in injuries or deaths due to falls of the aircraft or collision with buildings/trees etc.
Asia Pacific on account of being home to some emerging economies such as China.
Growth Factors:
- Increasing demand for drones in commercial and military applications
- Rising popularity of drone racing as a sport
- Proliferation of drone-based photography and videography services
- Development of advanced features and capabilities in drones
- Growing number of online stores selling drones and related accessories
Scope Of The Report
Report Attributes
Report Details
Report Title
Professional and Consumer Drones Market Research Report
By Type
Professional Drones, Consumer Drones
By Application
Commercial and Civil, Defense
By Companies
DJI, AeroVironment, Parrot, Lockheed Martin, Applied Aeronautics, Textron, FLIR Systems, IAI, Elbit Systems, Zero Tech
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Professional and Consumer Drones Market Report Segments:
The global Professional and Consumer Drones market is segmented on the basis of:
Types
Professional Drones, Consumer Drones
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
Commercial and Civil, Defense
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:
- DJI
- AeroVironment
- Parrot
- Lockheed Martin
- Applied Aeronautics
- Textron
- FLIR Systems
- IAI
- Elbit Systems
- Zero Tech
Highlights of The Professional and Consumer Drones 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:
- Professional Drones
- Consumer Drones
- By Application:
- Commercial and Civil
- Defense
- 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 Professional and Consumer Drones 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?
Professional drones are those used by professionals in the drone industry, such as photographers and filmmakers. Consumer drones are those that are meant for recreational use, such as flying around your house or taking pictures of your friends.
Some of the major players in the professional and consumer drones market are DJI, AeroVironment, Parrot, Lockheed Martin, Applied Aeronautics, Textron, FLIR Systems, IAI, Elbit Systems, Zero Tech.
The professional and consumer drones 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 Professional and Consumer Drones 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 Professional and Consumer Drones Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Professional and Consumer Drones 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 Professional and Consumer Drones 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 Professional and Consumer Drones Market Size & Forecast, 2020-2028
4.5.1 Professional and Consumer Drones Market Size and Y-o-Y Growth
4.5.2 Professional and Consumer Drones Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Professional Drones
5.2.2 Consumer Drones
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial and Civil
6.2.2 Defense
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Professional and Consumer Drones 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 Professional and Consumer Drones 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Professional Drones
9.6.2 Consumer Drones
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 Market Size Forecast by Applications
9.10.1 Commercial and Civil
9.10.2 Defense
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Professional Drones
10.6.2 Consumer Drones
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 Market Size Forecast by Applications
10.10.1 Commercial and Civil
10.10.2 Defense
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Professional Drones
11.6.2 Consumer Drones
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 Market Size Forecast by Applications
11.10.1 Commercial and Civil
11.10.2 Defense
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Professional Drones
12.6.2 Consumer Drones
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 Market Size Forecast by Applications
12.10.1 Commercial and Civil
12.10.2 Defense
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Professional Drones
13.6.2 Consumer Drones
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) Market Size Forecast by Applications
13.10.1 Commercial and Civil
13.10.2 Defense
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 Professional and Consumer Drones Market: Competitive Dashboard
14.2 Global Professional and Consumer Drones Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DJI
14.3.2 AeroVironment
14.3.3 Parrot
14.3.4 Lockheed Martin
14.3.5 Applied Aeronautics
14.3.6 Textron
14.3.7 FLIR Systems
14.3.8 IAI
14.3.9 Elbit Systems
14.3.10 Zero Tech
