Press Release Description

Proliferating Penetration of Commercial Drones Augmenting the Global Drone Camera Market

The global Drone Camera market is expected to exhibit a substantial market growth rate during the forecast period, owing to the increasing adoption of the cameras across military, homeland security and the surveillance sectors. Further, the declining prices of the camera, in addition to the technological advancement in the quality and features of the product has been gaining significant customer traction across the globe.

According to MarkNtel Advisors’ research report “Global Drone Camera Market Analysis, 2020”, the global  market is anticipated to grow at an exonential rate during 2020-25. The mounting adoption of drones for commercial as well as the non-commercial applications across defense, industrial, and commercial spaces for usage in land surveying, military targeting, surveillance, thermal imaging, aerial photography, and videography, etc., would uplift the overall market size of the global drone camera market during the forthcoming years. Furthermore, the intensifying market for the low-cost “Do-It-Yourself” drones and the intensifying application of drones for surveillance is expected to augment the global drone camera market.

Increasing Trend for Aerial Photography and Surveillance Surging the Segment Growth

The surveillance and, photography and videography application segments contributed to the most significant revenue share in the global drone camera market during 2015-19, as revealed by MarkNtel Advisors’, research report “Global Drone Camera Market Analysis, 2020”.  The snowballing trend for video photography and video shoots, due to boosting film market and improving overall industrial sector is leading to the growing penetration towards adoption of drones for improving performance, flexible operability.

Asia-Pacific Region Projected to Emerge as the Fastest Growing Region During 2020-25

North America grabbed the largest market share in the global drone camera market in 2019. However, the emerging countries of Middle-East and the Asia-Pacific region are offering lucrative growth opportunities to the players. Asia Pacific region is projected to witness the highest growth in years to come, favored by the countries like India and China.

According to MarkNtel Advisors’, some the of key competitors operating in the Global Drone Camera market includes Sony Corporation, Aeryon Labs Inc., Canon Inc., FLIR Systems Inc., Garmin Ltd., GoPro, Inc., CONTROP Precision Technologies Lt., DJI Innovations, etc.

“Global Drone Camera Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting sales and purchase decision, hotspots and opportunities available for Drone Camera providers across the globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.      
Market Segmentation:
1.    By Application (Photography & Videography, Thermal Imaging, Surveillance)
2.    By End User (Commercial, Military, Homeland Security)
3.    By Type (HD Camera, SD Camera)
4.    By Region (North America, South America, Europe, Middle East and Africa, Asia- Pacific)
5.    By Country (US, Canada, Brazil, UK, Germany, France, Russia, Saudi-Arabia, UAE, China, India, Japan, Australia)
6.    By Company (Sony Corporation, Aeryon Labs Inc., Canon Inc., FLIR Systems Inc., Garmin Ltd., GoPro, Inc., CONTROP Precision Technologies Lt., DJI Innovations, and Others)

Key questions answered in the study:
1.    What are the current and future trends of the Global Drone Camera market? 
2.    How the market has been evolving in terms of end-user demand and application areas?
3.    How the competition has been shaping across the countries followed by their comparative factorial indexing?
4.    What are the key growth drivers and challenges for the Global Drone Camera market?
5.    What are the customer orientation, purchase behavior, and expectations from the Drone Camera suppliers across various regions?