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Global Consumer Drones Market to Witness 28.1% CAGR During 2016 - 2022: P&S Market Research


News provided by

P&S Market Research

03 Oct, 2016, 13:30 GMT

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NEW YORK, October 3, 2016 /PRNewswire/ --

According to market research "Global Consumer Drones Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Product (Multi-Rotor Drones, Nano Drones, Others), by End-User (Prosumer, Hobbyist, Photogrammetry Professionals)" by P&S Market Research, the global consumer drones market is expected to grow at a CAGR of 28.1% during 2016 - 2022. Among the various types, the multi-rotor segment held the largest share in the global consumer drones market in 2015.

The global consumer drones market is being driven by the increasing consumer interest in drone technology and its surging applications. The other factors driving the growth of the market include increasing demand for compact drones and increasing utility of drones embedded with augmented and virtual reality tools. The key opportunities witnessed in the global consumer drones market include growing demand for compact drones, increasing demand for consumer drones with virtual and augmented reality and growing eminence of racing drones.

Access Report Description with Detailed TOC on "Global Consumer Drones Market" at: https://www.psmarketresearch.com/market-analysis/consumer-drones-market

The demand for compact drones has been observed to increase in the recent past. The pocket drones and three-rotor aerial vehicle folds up to fit in a backpack. Despite being small in size, its three independent propeller motors are powerful enough to carry a GoPro camera. These small easily portable flying robot goes everywhere with the pilot to capture overhead imagery on demand.

AirDroids have been emerging, as one of the prominent vendors for compact consumer drones. The compact drone manufactured by the company is known as Pocket Drone, which an inexpensive flying machine meant to give people of all stripes a different perspective. Pocket Drone is also the world's first multicopter. This drone is powerful and carries a high quality action camera and folds up smaller than a tablet.

The demand for virtual reality (VR) and augmented reality (AR) is expected to increase at the consumer and organizational levels respectively. The consumer drones offer virtual reality applications embedded within them and provide advanced features with the help of that application.

Generally, all the major companies are embedding their drones with the HD cameras. Recently, the drones with virtual reality having 360-degree cameras are emerging into the market; and steadily virtual reality is expected to become the norm for drones.

The applications that run under augmented reality are likely to reduce worker's reliance on laptops and tablets, where they are cumbersome to use. AR glasses enable field service technicians with a hands-free solution that provides access to visualizations of job-critical information and expert knowledge. AR glasses add imagery to the existing environment that is not otherwise present. SAP has already led the field here. For instance, Parrot SA and its technological partners offer AR.Drone2.0 users with a wide-range of compatibility for its piloting application with new peripherals and connected systems. With the use of such technologies, the consumer experience in the industry is expected to enhance.

Explore Related Research: https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics

The key companies operating in the global consumer drones market include DJI Innovations, Parrot SA, 3D Robotics, Shenzhen Hubsan Intelligent Co. Ltd., Blade LLC, JJRC Toy Co. Ltd., Syma Toys Industrial Co. Ltd., Walkera Technology Co. Ltd, Guangdong Cheerson, Hobby Technology Company Limited, and Hobbico Inc.

Global Consumer Drones Market Segmentation 

By Product 

  • Multi-Rotor Drones
  • Nano Drones
  • Others

By End-User 

  • Prosumer
  • Hobbyist
  • Photogrammetry Professionals

GEOGRAPHICAL SEGMENTATION 

By Region 

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Poland
    • Sweden
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Brazil
    • Mexico
    • Rest of RoW

Browse Other Published Report by P&S Market Research 

Global Industrial Refrigeration Market - https://www.psmarketresearch.com/market-analysis/industrial-refrigeration-equipment-market

Global Cold Chain RFID Market - https://www.psmarketresearch.com/market-analysis/rfid-in-cold-chain-market

Global Stepper Motor Market - https://www.psmarketresearch.com/market-analysis/stepper-motor-market

About P&S Market Research 

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.


Contact:
Deep
Assistant - Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-Free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com

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