Consumer Drone Aerial Vehicle Market, By Type (Fixed Wing Drone, Rotary Wing Drone, and Hybrid Drone), By Application (Prosumer, Hobbyist/Toys, and Photogrammetry), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI322019 | Publish Date: April 2024 | No. of Pages: 180

Global Consumer Drone Aerial Vehicle Overview

Consumer Drone Aerial Vehicle Market was valued at US$ 5.3 billion in 2024 and is projected to grow at a CAGR of 13.5% to reach US$ 16.8 billion by 2034.

A consumer drone is an uncrewed aerial vehicle (UAV) made primarily for mass-market use in amusement flying, photography, and filmmaking. Compared to industrial or commercial drones, these drones are usually easier to control, cheaper, and smaller. With consumer drones, experts and enthusiasts can now explore new areas and get a bird's-eye view of the world that was previously only possible with the most advanced technology. Consumer drones have been prevalent in recent years, providing photographers and explorers with unmatched vistas.

The future of consumer drones aerial vehicle is bright, with the promise of even more compact designs, longer flying periods, and improved imaging capabilities. The possibilities for aerial exploration and creativity could be further expanded with the development of autonomous drones capable of complicated movements and operations through the integration of AI and machine learning.

The growing popularity of steady aerial photography, videography, and capture will likely drive demand for consumer drones. New manufacturing advances have led to a spike in the consumer drone market. The newest drone models come with a great range, navigation systems connected to the user's device, and control systems that are dependable, secure, effective, and have improved speed. Nonetheless, the main challenges impeding the target market's growth during the projection period are the related safety rules and privacy concerns.

Introduction - Consumer Drone Aerial Vehicle Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Consumer Drone Aerial Vehicle Dynamics

Consumer Drone Aerial Vehicle Market Key Drivers:

Expanding use of drones in the field of agriculture  

  • The target market is being supported by the increasing use of consumer drones in agriculture. Drones provide invaluable tools for precision farming and effective land management to farmers and other agricultural professionals. Drones with sensors and cameras can map fields in great detail, identify illnesses in crops, determine when irrigation is necessary, and monitor crop health. This data-driven strategy minimizes environmental effects, increases yield, and optimizes resource allocation.
  • For instance, in December 2022, according to a report published by the Press Information Bureau (PIB) of India for the Ministry of Agriculture & Farmers Welfare, data supporting the drone application were generated, and scientific research was conducted. The Department of Agriculture & Farmers Welfare (DA&FW), which is investigating the benefits of drone technologies in agriculture, has published Standard Operating Procedures (SOPs), which offer clear guidelines for the safe and efficient use of drones to apply fertilizer and pesticides. Specific arrangements have been developed within the Sub-Mission on Agricultural Mechanization (SMAM) rules, which DA&FW is implementing to encourage drone technology in agriculture. For example, State Agriculture Universities (SAUs), State and other Central Government Agricultural Institutions/Departments, Krishi Vigyan Kendras (KVKs), institutes under the Indian Council of Agricultural Research, and Public Sector Undertakings (PSUs) of the Government of India engaged in agricultural activities offer financial help @ 100% of the cost of agriculture drones, up to a maximum of Rs. 10 lakhs per drone. Grants up to 75% of the cost of an agricultural drone are given to Farmers Producers Organizations (FPOs) so they can use it in their fields for demonstration purposes.

Developing interest in aerial imagery  

  • Aerial photography's growing popularity is stimulating market growth. Enthusiasts and specialists in the field aim to capture striking landscapes and distinctive viewpoints that are unattainable with conventional techniques. Stunning aerial photography can be effortlessly captured with consumer drones outfitted with cutting-edge cameras and stabilization technologies.

Consumer Drone Aerial Vehicle Market Restrains:

 Concerns about privacy when using drones

  • Drones' capacity to take pictures and videos while in the air raises privacy concerns. Regulations and proper use are essential to solving these issues. Drone use negatively affects privacy since data obtained for one purpose can later be used for another. There is also a lack of transparency because people are unaware that they are being watched and don't understand what purpose the data will serve.

Global Consumer Drone Aerial Vehicle Segmentation

Consumer Drone Aerial Vehicle Market is segmented based on type, application, and region.

Type Insights

  • Fixed-wing Drone: A fixed-wing drone uses one solid wing rather than vertical lift rotors to provide lift. It is meant to look and function like an airplane. As a result, this kind of drone just requires energy to propel itself forward, not to maintain its altitude. It is, therefore, energy-efficient.
  • Rotary Wing Drone: In rotary-wing drones, the vertical lift needed to propel the aircraft into the air is produced by the rotor blades rotating around a central mast. This includes all helicopters and multicopters, both small and big helicopters capable of vertical take-off and landing (VTOL). The number of rotors that may produce thrust on a rotary-wing drone can range from one to more than sixteen.
  • Hybrid Drone: A hybrid drone combines elements from the two types of drone forms. It features a fixed wing for cruising and quad rotors for Vertical Take-Off Landing (VTOL). Computational Fluid Dynamics (CFD) is a technology used for aerodynamic analysis on a hybrid drone.

Application Insights

  • Prosumer: Prosumer is expected to showcase tremendous growth over the projected timeframe, which may be ascribed to the advancements in electronics technology, which have led gamers to embrace drones as their new leisure activity. Much effort is being made to promote leisure activities like racing drones across different regions, increasing the use of drones for prosumer applications.
  • Hobbyist/Toys: Hobbyist/Toys application type is a dominating segment of this sector for the target market. This category serves recreational drone pilots who use the aircraft for fun and to hone their skills. As autonomous flying technology spreads, some toy drones can fly without operator guidance.
  • Photogrammetry: The photogrammetry application uses drones to photograph a subject or location from various viewpoints. Drone photogrammetry is a technique that collects many two-dimensional photographs over a given region using a drone. The images are combined with specialized photogrammetry software to create precise three-dimensional terrain models and orthomosaic maps.

Regional Insights:

Regional Insights - Consumer Drone Aerial Vehicle Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Consumer Drone Aerial Vehicle Market Regional Insights

  • North America market is estimated to witness a significantly high revenue share over the forecast period, owing to increasing usage of consumer gadgets that are emerging quickly, also servers that are becoming less expensive, bandwidth is being used, cloud technologies are becoming more prevalent, hardware component price-to-performance ratios are improving, and demand for "bird's-eye" views of the world is rising drastically. Entertainment, agriculture, and surveillance are just a few of the region's varied businesses that drive the need for drones with numerous applications.
  • The Asia Pacific market is estimated to witness the fastest revenue share due to the growing desire for drones in developing nations like India and Southeast Asia. The established consumer electronics sector in Japan is also contributing to the popularity of drones in this region.
  • The European market is expanding steadily and is a well-established market with an increasing emphasis on drone applications for business use. In certain areas, strict privacy restrictions influence the use of drones.
  • The Latin American market is an emerging region and a burgeoning industry with an expanding demand for consumer drones. Development in infrastructure and regulations can further improve the market.
  • The Middle East and African markets are in their developmental stages, and there are many possibilities for growth. This growth can be propelled further by the expansion of infrastructure and the solution of security worries.

Report Scope:

Attribute

Details

Market Size 2024

US$ 5.3 billion

Projected Market Size 2034

US$ 16.8 billion

CAGR Growth Rate

13.5%

Base year for estimation

2023

Forecast period        

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Fixed Wing Drone, Rotary Wing Drone, and Hybrid Drone

By Application - Prosumer, Hobbyist/Toys, and Photogrammetry

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the Consumer Drone Aerial Vehicle Market report based on type, application and region:

Consumer Drone Aerial Vehicle Market, By Type:

  • Fixed Wing Drone
  • Rotary Wing Drone
  • Hybrid Drone

Consumer Drone Aerial Vehicle Market, By Application:

  • Prosumer
  • Hobbyist/Toys
  • Photogrammetry

Consumer Drone Aerial Vehicle Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Consumer Drone Aerial Vehicle Key Players

The key players operating the Consumer Drone Aerial Vehicle Market include 3D Robotics, Autel Robotics, Delair Tech, DJI, Eachine, Ehang Inc., Guangdong Cheerson Hobby Technology, Hobbico Inc., Horizon Hobby, JIANJIAN TECHNOLOGY CO.Ltd.

Global Consumer Drone Aerial Vehicle Key Issues Addressed

  • In January 2023, Autel Robotics will present the EVO Max 4T drone along with several additional accessories at CES 2023 in Las Vegas. The EVO Max 4T is an inventive and clever flight platform for both prosumer and enterprise applications. Its sophisticated AI features and autonomous flight technology provide it with strong self-reliance and maritime capabilities. In high-interference conditions, such as metropolitan areas, the EVO Max 4T is equipped with omnidirectional obstacle avoidance and tri-anti interference capability (RFI/EMI/GPS) to guarantee flight safety and stability.
  • In June 2022, DJI released the DJI RS 3 and DJI RS 3 Pro. These models come with several additional features. Now that the axes-locking mechanism has been improved, the procedure is automated. The operator can quickly start by activating the gimbal, which releases and unfolds because of the automated axis locks.

Global Consumer Drone Aerial Vehicle Company Profile

  • 3D Robotics *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Autel Robotics
  • Delair Tech
  • DJI
  • Eachine
  • Ehang Inc.
  • Guangdong Cheerson Hobby Technology
  • Hobbico Inc.
  • Horizon Hobby
  • JIANJIAN TECHNOLOGY CO.Ltd.

"*" marked represents similar segmentation in other categories in the respective section.

Global Consumer Drone Aerial Vehicle Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sales Channels
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sales Channels
      • Secondary Sales Channels
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for CBD Nutraceuticals Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By Sales Channel
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Product Type, 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • CBD Tinctures
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Capsules & Softgels
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • CBD Gummies
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Other
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By Sales Channel, 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Retail Stores
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Online
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Pharmacies
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Market, By Region, 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
      • Market Size  and Forecast (US$ Bn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
    •  
      • Charlotte's Web
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Elixinol, Medical Marijuana, Inc.
      • CV Sciences, Inc.
      • Irwin Naturals
      • Diamond CBD
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Consumer Drone Aerial Vehicle Market is segmented into Type, Application, and Region.

Key drivers include increasing consumer interest in drones, advancements in drone technology, and the growing popularity of aerial photography and recreational drone use.

Restraints may include regulatory challenges, concerns about privacy and safety, and limitations on drone usage in certain areas.

Global regions considered are North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate, driven by high consumer adoption, favorable regulations, and a strong presence of drone manufacturers in countries like the United States.

The key players operating the target market includes, 3D Robotics,Autel Robotics,Delair Tech,DJI,Eachine,Ehang Inc.,Guangdong Cheerson Hobby Technology,Hobbico Inc.,Horizon Hobby,JIANJIAN TECHNOLOGY CO.Ltd.