Overview and Scope
A drone camera is a device fitted in a drone that is used to record videos or take images while flying. The objective of drone cameras is to provide a viewpoint that is impossible to see from the ground, occasionally in inaccessible or dangerous settings for humans. It also provides the user with an aerial view of various surfaces.
Sizing and Forecast
The drone camera market size has grown exponentially in recent years. It will grow from $8.67 billion in 2023 to $11.31 billion in 2024 at a compound annual growth rate (CAGR) of 30.5%. The growth in the historic period can be attributed to rise of consumer drones, surge in aerial photography and videography, professional applications in filmmaking, applications in agriculture and surveying, government and defense usage..
The drone camera market size is expected to see exponential growth in the next few years. It will grow to $32.85 billion in 2028 at a compound annual growth rate (CAGR) of 30.5%. The growth in the forecast period can be attributed to integration into commercial and industrial sectors, expansion of drone-based services, emergence of autonomous drones, continued growth in consumer applications.. Major trends in the forecast period include enhancements in autonomous flight modes, expansion of professional and industrial use cases, integration of thermal and multispectral imaging, focus on user-friendly interfaces and apps, regulatory compliance and safety features..
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The drone camera market covered in this report is segmented –
1) By Type: SD Camera, HD Camera
2) By Resolution: 12 MP, 12 to 20 MP, 20 to 32 MP, 32 MP, and above
3) By Application: Photography And Videography, Thermal Imaging, Surveillance
4) By End User: Commercial, Military, Homeland security
North America was the largest region in the drone camera market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the drone camera market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increase in the use of drones in several industries is expected to propel the growth of the drone camera market in the coming future. Drones are any automated aerial aircraft that accept small orders from their pilots or depend on technology for autonomous flying. The increase in the use of drones in several industries like agriculture, construction, and the military is expanding the drone camera market as they increase accuracy, give safer alternatives for workers, and promote efficiency. For instance, in December 2021, according to the Federal Aviation Administration, a US-based transportation agency, by the end of 2021, approximately 1.37 million new drone operators had registered with the FAA. Further, between January and December 2021, the average number of new owner registrations was roughly 10,300. Therefore, the increase in the use of drones in several industries is driving the drone camera market.
Key Industry Players
Major companies operating in the drone camera market report are Sony Corporation, Panasonic Corporation, DJI, GoPro Inc., Yuneec International, AeroVironment Inc, Yuneec, Teledyne FLIR LLC, Parrot Drone SAS, Wingtra, Flyability, AEE Technology, Skydio Inc., Autel Robotics, CONTROP Precision Technologies Ltd., Wingcopter, Quantum-Systems GmbH, Auterion, PrecisionHawk, Freefly Systems, Delair, Aerialtronics, AiDrones GmbH, Ehang, UVify, Walkera
The drone camera market report table of contents includes:
1. Executive Summary
2. Drone Camera Market Characteristics
3. Drone Camera Market Trends And Strategies
4. Drone Camera Market – Macro Economic Scenario
5. Global Drone Camera Market Size and Growth
………
32. Global Drone Camera Market Competitive Benchmarking
33. Global Drone Camera Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Drone Camera Market
35. Drone Camera Market Future Outlook and Potential Analysis
36. Appendix
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