Global Consumer Camera Drones Market 2018-2022
About Consumer Camera Drones
Consumer camera drones are unmanned aerial vehicles which are remotely controlled or fly autonomously with the help of software. They can sustain their flight and fly within the line of sight of the operator and are used to capture pictures and for making videos while it is flying. This market covers segmentations by product, distribution channel, and geography.
Technavio’s analysts forecast the global consumer camera drones market will post a revenue of close to USD 2220 million by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global consumer camera drones market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Consumer Camera Drones Market 2018-2022
Technavio recognizes the following companies as the key players in the global consumer camera drones market: BNN TECHNOLOGY, Guangzhou Walkera Technology, Hobbico, Parrot, and YUNEEC.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is adoption of delivery drones. The primary work of the delivery drones is to transport materials from one place to another. A delivery drone functions with an anchor or basket-like feature on the bottom part. For example, Amazon is working on a drone-based delivery system for its packages.”
According to the report, one driver in the market is advancements and emergence of low-cost drones. Vendors are focusing on enhancing the capabilities of their offerings in the drone market by capitalizing on the availability of mobile, intelligent, and connected sensors. Consumer drones consist of GPS, inertial image, and ultrasound-based range sensors.
Further, the report states that one challenge in the market is stringent government regulations regarding the use of consumer drones. The regulatory infrastructure surrounding the drone is posing a challenge for the global consumer camera drones market. For instance, if the drone is flying in the US, the users need to take heed of FAA (Federal Aviation Administration) guidelines, and violation of the guidelines could result in fines or imprisonment.
BNN TECHNOLOGY, Guangzhou Walkera Technology, Hobbico, Parrot, and YUNEEC.