Consumer Drones Market Size, Share, Industry Trends and Forecast to 2030

Consumer Drones Market Size & CAGR in 2021

The global consumer drones market witnessed significant growth in 2021, with a compound annual growth rate (CAGR) of 15.4%. The market size in 2021 reached USD 6.8 billion, driven by the increasing demand for drones for recreational and photography purposes.

COVID-19 Impact on the Consumer Drones Market

The COVID-19 pandemic had a mixed impact on the consumer drones market. While the initial lockdowns and restrictions led to a decrease in sales due to supply chain disruptions, the market witnessed a surge in demand from consumers looking for new forms of entertainment and exploration during the pandemic.

Consumer Drones Dynamics

The consumer drones market is driven by advancements in technology, increasing affordability of drones, and growing interest in aerial photography and videography. Additionally, the integration of features such as GPS navigation, obstacle avoidance, and longer battery life has made consumer drones more user-friendly and versatile.

Segments and Related Analysis

The consumer drones market can be segmented based on type, price range, and application. The segments include recreational drones, prosumer drones, and commercial drones. Recreational drones are typically used for hobbyist purposes, while prosumer drones cater to enthusiasts and professional photographers. Commercial drones are used for various industries such as agriculture, construction, and cinematography.

By Region Analysis

The consumer drones market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America holds the largest market share due to the presence of key players and early adoption of drone technology. Asia Pacific is expected to witness significant growth due to increasing disposable income and interest in aerial photography.

Key Market Players and Competitive Landscape

Some of the key players in the consumer drones market include DJI, Parrot, Autel Robotics, Yuneec International, and Holy Stone. These companies are focusing on product innovation, strategic partnerships, and acquisitions to maintain their competitive edge in the market.

Recent Happenings in the Consumer Drones Market

In recent developments, DJI launched its latest consumer drone model with improved camera capabilities and flight performance. Parrot announced a collaboration with a leading software company to enhance its drone software capabilities for better user experience. Autel Robotics introduced a new line of consumer drones with extended battery life and enhanced safety features.