Lewes, DE -- (SBWire) -- 03/13/2017 --Report forecast the global consumer drones market to grow at a CAGR of 15.92% during the period 2017-2021.
UAVs, commonly referred as drones, are flights without a human pilot aboard. These flights are controlled either autonomously, by an onboard computer, or by remote control from the ground or another vehicle. UAVs range from large to small size. Large-sized UAVs are used for tactical missions that are powered by the internal combustion engine, and electric motors drive small electric-powered UAVs.
The report covers the present scenario and the growth prospects of the global consumer drones market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of consumer drones.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, vendors in the drones market are capitalizing on the availability of mobile, intelligent, and connected sensors to improve the capabilities of their offerings. Consumer drones are majorly equipped with GPS, inertial, image, and ultrasound-based range sensors. With improvements in functionalities and features, consumer drones are increasingly being equipped with thermal, hyperspectral, and multispectral sensors.
Further, the report states that companies in the global consumer drones market have been facing regulatory hurdles since their introduction in the market. With awareness and adoption of consumer drones, governments are updating their regulations in terms of the use of UAVs. This is expected to be a major challenge for vendors that might experience less adoption of consumer drones in countries with more stringent laws. The laws relate to the requirement of specific certifications, qualifications, or modifications in design, which are expected to have an unfavorable impact on the financial performance and market positions of companies.
Global Consumer Drones Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global consumer drones market: 3D Robotics, DJI, EHang, Parrot, and Yuneec
Other Prominent Vendors in the market are: Airdog, GoPro, Guangdong Cheerson Hobby Technology, Hobbico, Horizon Hobby, Shenzhen Hubsan Technology, Guangdong Syma Model Aircraft Industrial, Walkera, and ZEROTECH
Market driver
- Developments in sensor market
- For a full, detailed list, view our report
Market challenge
- Regulatory hurdles
- For a full, detailed list, view our report
Market trend
- Improvement in distribution channels
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 70 pages and 52 Exhibits "Global Consumer Drones Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, An overview of pathophysiology and key disease applications, Key clinical trials, Market segmentation by technology, Market segmentation by product type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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