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Consumer Drone Market by Product and Application- Global Industry Analysis and Forecast to 2023
Published On : February 2018 Pages : 110 Category: Next Generation Technology Report Code : IC03641
SEGMENTS & REGIONS:
- Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa
Industry Outlook and Trend Analysis
The Consumer Drone Market was worth USD billion in 2017 and is expected to reach approximately USD billion by 2023, while registering itself at a compound annual growth rate (CAGR) of % during the forecast period. The advent of new inventive technologies, for example, crash evasion and geo-fencing that make flying automatons more secure have prompted expanded adoption of consumer drones over the worldwide industry. The development in worldwide interest for drones and expanding adoption of consumer drones have prompted the making of new government controls, with a specific end goal to adjust safety and innovation. Worldwide populace is progressively accepting the emerging pattern of the automaton as a far and wide acknowledged leisure activity. Easy-going aficionados and early adopters contain a huge part of the business. However, support and repair complexities, and additionally security concerns and danger of mishaps related with drones are anticipated to challenge the market development throughout the following years.
Product Outlook and Trend Analysis
On the basis of products the market is segmented into nano, multi-rotor, and different automatons. Multi-rotor drones ruled the share of the market in 2017 and are foreseen to hold their predominance over the gauge time frame. Their development can be credited to expanded usage of multi-rotor drones in aerial photography and FPV dashing application. Nano drones are foreseen to witness significant development throughout the following couple of years inferable from their cost-effective activity. Their relative operational cost effectiveness is foreseen to expand the usage of such automatons for different purposes.
Application Outlook and Trend Analysis
Prosumer application portion is imagined to remain the overwhelming fragment throughout the following years and represented around % of the general share of the market in 2017. In different geographies, drone racing as a recreational hobby is being adopted at a high scale which has prompted expanded selection of automatons for prosumer applications. Toy/hobbyist applications fragment is anticipated to witness significant development in the upcoming years. The introduction of innovation in electronics has pulled in gaming portion enthusiasts to acknowledge drones as their freshly source of entertainment.
Regional Outlook and Trend Analysis
North America market was esteemed at near USD million in 2017 and is foreseen to develop significantly over the gauge time frame. The emergence of supportive activities by the Federal Aviation Authority (FAA) and an expanded legislative spending on such advanced drones are foreseen to drive the business development in the district. Europe represented more than % of the general business share in 2017 and is imagined to rise as an overwhelming area over the conjecture time frame.
Competitive Insights
The leading players in the market are DJI, WL Toys, 3D Robotics, Cheerson, Eachine, SkyTECH Solutions LLC, Yuneec Electric and Hubsan. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Consumer Drones Market is segmented as follows-
By Product:
- Nano
- Multi-rotor
- Others
By Application:
- Photogrammetry
- Prosumer
- Toy/hobbyist
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Consumer Drones Market, By Product , Estimates and Forecast, 2014-2023 ($Million)
· Nano
· Multi-rotor
· Others
· Consumer Drones Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
· Photogrammetry
· Prosumer
· Toy/hobbyist
· Consumer Drones Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Consumer Drones Market, By Country
§ North America Consumer Drones Market, By Product
§ North America Consumer Drones Market, By Application
o U.S. Consumer Drones Market, By Product
o U.S. Consumer Drones Market, By Application
o Canada Consumer Drones Market, By Product
o Canada Consumer Drones Market, By Application
o Mexico Consumer Drones Market, By Product
o Mexico Consumer Drones Market, By Application
· Europe
§ Europe Consumer Drones Market, By Country
§ Europe Consumer Drones Market, By Product
§ Europe Consumer Drones Market, By Application
o Germany Consumer Drones Market, By Product
o Germany Consumer Drones Market, By Application
o France Consumer Drones Market, By Product
o France Consumer Drones Market, By Application
o UK Consumer Drones Market, By Product
o UK Consumer Drones Market, By Application
o Italy Consumer Drones Market, By Product
o Italy Consumer Drones Market, By Application
o Spain Consumer Drones Market, By Product
o Spain Consumer Drones Market, By Application
o Rest of Europe Consumer Drones Market, By Product
o Rest of Europe Consumer Drones Market, By Application
· Asia-Pacific
§ Asia-Pacific Consumer Drones Market, By Country
§ Asia-Pacific Consumer Drones Market, By Product
§ Asia-Pacific Consumer Drones Market, By Application
o Japan Consumer Drones Market, By Product
o Japan Consumer Drones Market, By Application
o Australia Consumer Drones Market, By Product
o Australia Consumer Drones Market, By Application
o India Consumer Drones Market, By Product
o India Consumer Drones Market, By Application
o South Korea Consumer Drones Market, By Product
o South Korea Consumer Drones Market, By Application
o Rest of Asia-Pacific Consumer Drones Market, By Product
o Rest of Asia-Pacific Consumer Drones Market, By Application
· Rest of the World
§ Rest of the World Consumer Drones Market, By Country
§ Rest of the World Consumer Drones Market, By Product
§ Rest of the World Consumer Drones Market, By Application
o Brazil Consumer Drones Market, By Product
o Brazil Consumer Drones Market, By Application
o South Africa Consumer Drones Market, By Product
o South Africa Consumer Drones Market, By Application
o Saudi Arabia Consumer Drones Market, By Product
o Saudi Arabia Consumer Drones Market, By Application
o Turkey Consumer Drones Market, By Product
o Turkey Consumer Drones Market, By Application
o United Arab Emirates Consumer Drones Market, By Product
o United Arab Emirates Consumer Drones Market, By Application
o Others Consumer Drones Market, By Product
o Others Consumer Drones Market, By Application
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. The development in global interest for drones
3.2.2. Restraints
3.2.2.1. High Maintenance Cost
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Consumer Drones Market, By Product
4.1. Introduction
4.2. Global Consumer Drones Sales, Revenue and Market Share By Product (2017-2017)
4.2.1. Global Consumer Drones Sales and Sales Share By Product (2017-2017)
4.2.2. Global Consumer Drones Revenue and Revenue Share By Product (2017-2017)
4.3. Consumer Drones Market Assessment and Forecast, By Product , 2017-2023
4.4. Nano
4.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.5. Multi-rotor
4.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.6. Others
4.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5. Consumer Drones Market, By Application
5.1. Introduction
5.2. Global Consumer Drones Sales, Revenue and Market Share by Application (2017-2017)
5.2.1. Global Consumer Drones Sales and Sales Share by Application (2017-2017)
5.2.2. Global Consumer Drones Revenue and Revenue Share by Application (2017-2017)
5.3. The Consumer Drones Market Assessment and Forecast, By Application, 2017-2023
5.4. Photogrammetry
5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.5. Prosumer
5.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.6. Toy/hobbyist
5.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
6. Consumer Drones Market, By Region
6.1. Introduction
6.2. Consumer Drones Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6.3. Global Consumer Drones Sales, Revenue and Market Share by Regions
6.3.1. Global Consumer Drones Sales by Regions (2017-2017)
6.3.2. Global Consumer Drones Revenue by Regions (2017-2017)
6.4. North America
6.4.1. North America Consumer Drones Sales and Growth Rate (2017-2017)
6.4.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.4.3. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.4.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.5. U.S.
6.4.5.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.4.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.6. Canada
6.4.6.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.7. Mexico
6.4.7.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.4.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5. Europe
6.5.1. Europe Consumer Drones Sales and Growth Rate (2017-2017)
6.5.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.5.3. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.5. Germany
6.5.5.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.6. France
6.5.6.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.7. UK
6.5.7.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.8. Italy
6.5.8.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.9. Spain
6.5.9.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.10. Rest of Europe
6.5.10.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6. Asia-Pacific
6.6.1. Asia-Pacific Consumer Drones Sales and Growth Rate (2017-2017)
6.6.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.6.3. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.5. Japan
6.6.5.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.6. China
6.6.6.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.7. Australia
6.6.7.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.8. India
6.6.8.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.9. South Korea
6.6.9.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.10. Rest of Asia-Pacific
6.6.10.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7. Rest of the World
6.7.1. Rest of the World Consumer Drones Sales and Growth Rate (2017-2017)
6.7.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.7.3. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.5. Brazil
6.7.5.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.6. Turkey
6.7.6.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.7. Saudi Arabia
6.7.7.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.8. South Africa
6.7.8.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.9. United Arab Emirates
6.7.9.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.10. Others
6.7.10.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
7. Company Profiles
7.1. DJI
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Consumer Drones Sales, Revenue and Market Share
7.2. WL Toys
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Consumer Drones Sales, Revenue and Market Share
7.3. 3D Robotics
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Consumer Drones Sales, Revenue and Market Share
7.4. Cheerson
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Consumer Drones Sales, Revenue and Market Share
7.5. Eachine
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Consumer Drones Sales, Revenue and Market Share
7.6. SkyTECH Solutions LLC
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Consumer Drones Sales, Revenue and Market Share
7.7. Yuneec Electric
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Consumer Drones Sales, Revenue and Market Share
7.8. Hubsan
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Consumer Drones Sales, Revenue and Market Share
8. Global Consumer Drones Market Competition, by Manufacturer
8.1. Global Consumer Drones Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Consumer Drones Revenue and Market Share by Manufacturer (2017-2017)
8.3. Top 5 Consumer Drones Manufacturer Market Share
8.4. Market Competition Trend
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of Consumer Drones Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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