Global Drone Camera Market Size Worth US$ 25.39 Trillion by 2027

According to the latest report by IMARC Group, titled Telehandler Market “Drone Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The global drone camera market size reached a value of US$ 5.03 Billion in 2021 Looking forward, IMARC Group expects the market to reach US$ 25.39 Billion by 2027, exhibiting at a CAGR of 32% during 2022-2027.

Drone Camera Industry Definition and Application:

Drone cameras are autonomous unmanned aerial vehicles (UAVs) with cameras that are used in surveillance, photography, and videography. They comprehend electronic sped controllers (ESCs), circuit to control the speed and movement of the motor, global positioning system (GPS) module, antennas, cameras, flight controllers, receivers, batteries, ultrasonic sensors, accelerometers, altimeters, and collision avoidance sensors . They rely on a vital power source containing fuel or batteries, propellers, frames, and rotors that are used to attain flight. They are manufactured from lightweight materials to decrease the weight of the system and increase maneuverability throughout the flight. They can be managed remotely via an operator for launching, navigating, and landing.

They are operated through an inbuilt embedded system software or application that functions in combination with GPS and onboard sensors. They allow users to get a clear aerial view of surfaces or regions that are inaccessible or dangerous to reach. They assist in monitoring lands with chemical and biological hazards and tracking the spread of diseases over specific areas. Drone cameras provide clear footage of crime incidents to police authorities as proof to file or solve a case. They are also used for personal photography and recording videos from wide angles. In addition, they are utilized in the agriculture industry for monitoring crop production on long stretches of fields and spraying chemicals on plants across the globe.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Drone Camera Market Trends:

The increasing use of drone cameras for surveillance over specified areas represents one of the primary factors influencing the market positively. Besides this, agencies governing of various countries are undertaking initiatives and increasing defense budgets to strengthen the border security system, which, in turn, is contributing to the growth of the market. In addition, the rising utilization of drone cameras by professional photographers, videographers, and travel bloggers to capture photographs and video footage from wide angles is supporting the growth of the market. Apart from this, the growing integration of high-resolution cameras in drones to take efficient-quality pictures is offering a favorable market outlook.

Additionally, there is an increase in the employment of drone cameras in traffic monitoring due to the rising number of road accidents, drunk driving cases, and other crimes. This, coupled with the growing usage of drone cameras to monitor traffic congestion on highways and roads, is positively influencing the market. Moreover, the increasing demand for drone cameras with various advanced features, such as thermal imaging, sophisticated sensors, voice control, and advanced video stabilization features, among the masses is bolstering the growth of the market.

Drone Camera Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

AiDrones GmbH, Canon Inc., Gopro Inc., Guangzhou EHang Intelligent Technology Co.Ltd., Kespry Inc., Panasonic Corporation, Parrot SA, Quantum-Systems GmbH, Shenzhen Dajiang Lingmou Technology Co.Ltd. (iFlight Technology Company Limited), Skydio Inc., Sony Group Corporation and Yuneec International.

The report has segmented the market on the basis on type, resolution, application and end user.

Breakup by Type:

HD camera

Breakup by Resolution:

12 to 20 MP
20 to 32 MP
32 MP and above

Breakup by Application:

Photography and Videography
Thermal Imaging

Breakup by End User:

Homeland Security

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.