Consumer Drones Market To Perceive Substantial Growth At High CAGR By 2025

(IT-NEWSWIRE.COM, February 15, 2019 ) A Consumer Drone is also known as a hobby or personal drone. It is a type of Unmanned Aerial Vehicle (UAV) which is either remotely controlled or can be operated autonomously from the ground. Earlier the use of drones was only limited to its traditional application area which included military, where the consumer drones were used initially for anti-aircraft target practice and then as weapons platforms. Nowadays, consumer drones are also used in a wide array of activities including search and rescue, surveillance, weather monitoring, traffic monitoring, geographical mapping, firefighting, agriculture along with delivery services.

The improvement in the drone technology, increasing adoption of drones for aerial imaging and introduction of drones at a lower price are some of the key factors aiding the growth of the global consumer drones market. However, the major factors which are hindering the growth of the global consumer drone market are government rules and regulations such as height limit and restrictions over flying near airports, defense sector etc.

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The "Global Consumer Drones Market Analysis to 2025" is a specialized and in-depth study of the consumer drones industry with a focus on the global market trend. The report aims to provide an overview of global consumer drones market with detailed market segmentation by product type, technology, application, and geography. The global consumer drones market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the consumer drones market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global consumer drones market based on by-product technology and application. It also provides market size and forecast till 2025 for overall consumer drones market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

Besides this, the report on consumer drones market analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the market in these regions.

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Also, key consumer drones market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, a key development in the past five years. Some of the key players influencing the market are 3D Robotics, Guangzhou Walkera Technology CO., LTD, Hobbico, Inc., YUNEEC, Horizon Hobby, Parrot Drones SAS., EHang, Inc., and Delair Tech among others.

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Sameer Joshi

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Source: EmailWire.Com

Source: EmailWire.com

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Consumer Drones Market To Perceive Substantial Growth At High CAGR By 2025