The Worldwide Consumer Drone Industry is Expected to Reach $11.5 Billion by 2030
Dublin, Nov. 01, 2022 (GLOBE NEWSWIRE) — The “Consumer Drone Market Size, Share & Trends Analysis Report by Product (Multi-rotor, Nano), by Application (Prosumer, Toy/Hobbyist, Photogrammetry), by Region (APAC, North America), and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering.
The global consumer drone market size is projected to reach USD 11.56 billion by 2030, registering a CAGR of 13.8% from 2022 to 2030.
The industry is projected to expand significantly due to its widespread commercial and leisure applications. Companies are using drone-acquired data to speed up service delivery in their business operations.
Evolution in in-flight controls and technology, as well as advancements in portable video and camera technology, have boosted the demand for consumer drones, such as tiltrotors, multi-copters, and helicopters. The development of cutting-edge technology that makes drones safer, such as geo-fencing and collision avoidance,…