The Drone Camera Global Market Report 2023, provides comprehensive information on the drone camera market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global drone camera market size is expected to grow from $6.64 billion in 2022 to $8.67 billion in 2023 at a compound annual growth rate (CAGR) of 30.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of drone camera market is expected to reach $24.9 billion in 2027 at a CAGR of 30.2%.
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Product innovation is the key trend gaining popularity in the drone camera market. Major companies operating in the drone camera market are focused on developing innovative products to strengthen their position in the market. For instance, in April 2023, DJI, a China-based company that manufactures drones and uncrewed aerial vehicles, launched the DJI Matrice 350 RTK (M350 RTK). It is an updated flagship drone system that is more versatile, safer, and efficient for any airborne activity, including safety for the public, energy, mapping, infrastructure, and forestry, to mention a few. Other unique features include a payload capacity of 2.7kg and a maximum flying length of 55 minutes, giving operators a variety of payloads to accomplish their mission. Furthermore, with triple-channel 1080p HD streams and a maximum transmission distance of 20 kilometers, other perks include increased flying safety, increased efficiency, and lower flight costs.
The drone camera market 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 2022.
The table of contents in TBRC’s drone camera market report includes:
- Executive Summary
- Drone Camera Market Characteristics
- Drone Camera Market Trends And Strategies
- Drone Camera Market – Macro Economic Scenario
- Drone Camera Market Segmentation
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- Global Drone Camera Market Competitive Benchmarking
- Global Drone Camera Market Competitive Dashboard
- Key Mergers And Acquisitions In The Drone Camera Market
- Drone Camera Market Future Outlook and Potential Analysis
- Appendix
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