Drone cameras are the most essential component required for the efficient operations of the drones. The manifested technological up-gradation in the drone camera technology and the increasing trend for aerial photography and videography are expected to bring favorable outcomes for the overall growth of the Global Drone Camera market. Additionally, the commercialization of drones has been escalating the demand for drones that can largely influence the drone camera market growth in the coming years.
According to MarkNtel Advisors’ research report titled “Global Drone Camera Market Analysis, 2020”, the Global Drone Camera market is anticipated to grow at a considerable rate during 2020-25 due to the rising need for military surveillance and stricter law enforcement. Moreover, the steady decline in the prices of the drone cameras is leading to an emerging trend of “Do-It-Yourself” drones.
Drone Cameras for Thermal Imaging are Expected to Witness Substantial Demand
Application of drone cameras for thermal imaging purposes is expected to grow at the highest CAGR till 2025, owing to the increasing demand for night-time surveillance and the rapidly increasing degree of investment by the manufacturers toward the development of thermal imaging sensor technology.
Commercial Segment is Expected to Emerge as an Attractive Market in the Upcoming Years
Based on application, the commercial segment is projected to remain prominent during the forecast period, on an account of the increasing application areas of drones across industries such oil and gas, mining, transportation and logistics, land surveying, and construction, among others, as stated in the MarkNtel Advisors’ research report “Global Drone Camera Market Analysis, 2020”. However, the market share held by the military segment is expected to remain stable all through 2025.
According to MarkNtel Advisors, some the of key competitors operating in the global drone camera market include Sony Corporation, Aeryon Labs Inc., Canon Inc., FLIR Systems Inc., Garmin Ltd., GoPro, Inc., CONTROP Precision Technologies Lt., and DJI Innovations.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Global Drone Camera Market during 2020-25?
A. The market size of Global Drone Camera Market during 2020-25 is forecast to be around XX%.
Q. Which application of Drone Camera would grab the highest market share during 2020-25?
A. It is forecast that thermal imaging segment will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Drone Camera Market?
A. Sony Corporation, Aeryon Labs Inc., Canon Inc., FLIR Systems Inc., Garmin Ltd., GoPro, Inc., CONTROP Precision Technologies Lt., DJI Innovations are few of the leading players in the Global Drone Camera Market.
Q. Does the report scope cover Global Drone camera type and region wise market statistics also?
A. Yes, the scope of the report encompass detailed Drone camera type and region wise statistics such as market size, market segmentation based on various subcategories.
Q. Which end user segment would emerge as an opportunity area for players in Drone Camera Market?
A. Commercial segments will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Drone Camera Market.
