With 28.4% CAGR, Drone Camera Market Size worth USD 32.07 Billion in 2028
Increasing number of surveillance and imaging applications globally and high demand from military and commercial sectors
VANCOUVER, BRITISH COLUMBIA, CANADA, April 19, 2022 /EINPresswire.com/ -- The global drone camera market size is expected to reach USD 32.07 Billion in 2028 and register a revenue CAGR of 28.4% over the forecast period, according to a latest report by Emergen Research. Technological enhancements in different industries and increased applications of drone camera in various sectors such as agriculture, defense, and media and entertainment are among some of the key factors driving market revenue growth.
Drone camera is used in Unmanned Aerial Vehicles (UAVs), which are equipped with various technologies such as GPS system infrared cameras, and lasers. Drones are quite efficient in capturing aerial images and high quality videos from a different vantage points and altitudes. They are easily deployable and cost effective, which is resulting in steady adoption across various sectors.
More advanced drone camera technologies and applications are continuously being further developed. Drone cameras can be controlled remotely using a smartphone or tablet device, which makes it easier and more convenient to operate from anywhere, anytime. These devices can be used for a wide range of purposes such as for surveillance over a specific area, geographical imaging, weather forecasting, aerial photography, and increasing advocacy of drone cameras across the media and entertainment industry is driving market revenue growth. Drone cameras are also widely used in chemical and agriculture sectors for disaster management and crop monitoring and management respectively, or for both in each sector.
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The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Drone Camera market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Drone Camera market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are:
DJI Innovations, Canon Inc., Aeryon labs Inc., Precision Technologies Ltd., Garmin Ltd., GoPro, Inc., Aerialtronics DV B.V, Aerobros, AiDrones, and DST Control.
Furthermore, the report provides a comprehensive overview of the Drone Camera market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Drone Camera market expected to boost the growth of the industry in the coming years.
Emergen Research has segmented the global drone camera market on the basis of type, application, type, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
HD Cameras
SD Cameras
Application (Revenue, USD Billion; 2018-2028)
Photography and videography
Thermal imaging
Surveillance
Resolution Outlook (Revenue, USD Billion; 2018–2028)
12MP
12MP – 20MP
20MP – 32MP
32MP and Above
End-use Outlook (Revenue, USD Billion; 2018–2028)
Commercial
Military
Homeland Security
Others
Key Questions Answered in the Report:
What is the growth rate of the Drone Camera market? What is the anticipated market valuation of Drone Camera industry by 2027?
What are the key growth driving and restraining factors of the Drone Camera market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Drone Camera industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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Emergen Research
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