Valued to be $108.2 Billion by 2026, Consumer Camera Drones Slated for Robust Growth Worldwide

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Sep 03, 2021, 11:25 ET

SAN FRANCISCO, Sept. 3, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Consumer Camera Drones - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 362
Companies: 12 - Players covered include 3D Robotics Inc.; Autel Robotics; BNN TECHNOLOGY; DJI; EHang Inc.; Guangdong Cheerson Hobby Technology Co. Ltd.; Guangzhou Walkera Technology; Hobbico Inc.; Horizon Hobby; Mota Group Inc.; Parrot S.A.; SkyTech Drones; SZ DJI Technology Co.; Yuneec International Co. Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Consumer Camera Drones)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Consumer Camera Drones Market to Reach $108.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Consumer Camera Drones estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$108.2 Billion by 2026, growing at a CAGR of 76.3% over the analysis period.

The U.S. Market is Estimated at $2 Billion in 2021, While China is Forecast to Reach $17 Billion by 2026
The Consumer Camera Drones market in the U.S. is estimated at US$2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$17 Billion by the year 2026 trailing a CAGR of 72.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 68.5% and 65% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 51.8% CAGR.
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CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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