Global Personal Drones Market to Reach $19.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Personal Drones estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$19.1 Billion by 2027, growing at a CAGR of 25.4% over the period 2020-2027.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 24.8% CAGR
The Personal Drones market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2027 trailing a CAGR of 24.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.8% and 21.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.8% CAGR.
Select Competitors (Total 35 Featured):
Amid the COVID-19 crisis, the global market for Personal Drones estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$19.1 Billion by 2027, growing at a CAGR of 25.4% over the period 2020-2027.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 24.8% CAGR
The Personal Drones market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2027 trailing a CAGR of 24.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.8% and 21.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.8% CAGR.
Select Competitors (Total 35 Featured):
- 3D Robotics
- Blade / Horizon Hobby
- DJI Innovations
- Eachine
- Hubsan
- JJRC
- Parrot
- SkyTech
- Syma Toys
- Walkera
Frequently Asked Questions about the Global Market for Personal Drones
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Report Attribute | Details |
---|---|
Published | April 2021 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 3.9 Billion |
Forecasted Market Value ( USD | $ 19.1 Billion |
Compound Annual Growth Rate | 25.5% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3D Robotics
- Blade / Horizon Hobby
- DJI Innovations
- Eachine
- Hubsan
- JJRC
- Parrot
- SkyTech
- Syma Toys
- Walkera