Thursday, 7 April 2022

Drone Camera Market Share, Trends, Size, Growth, Opportunities, and Market Forecast to 2030

Overview

The global Drone Camera market is expected to register a CAGR of ~29.08% during the forecast period, 2021–2030. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the Drone Camera market to offer a better glimpse into the coming years.   

The major factors driving the growth of the Drone Camera Market are the introduction of technologically advanced products and promising growth rate of the drone market. However, privacy & security concerns is hindering the market growth. Although, rising demand of drones across emerging countries is creating an opportunity in the market.

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Segmental Analysis

The global drone camera market has been segmented based on type, application, resolution end user and region.

Based on type, the global drone camera market has been segmented into SD camera and HD camera. The SD Camera- Standard Definition Cameras offers huge dynamic range as well as best sensitivity of technology. This provides optimum balance between dynamic range, sensitivity and resolution. The HD camera- High Definition Cameras offers detailed images that allow the users to better distinguish small features or individuals.

Based on application, the global Drone Camera Market Share has been segmented into photography & videography, thermal imaging and surveillance. The photography & videography relates to capturing images and videos using a camera and drone. The thermal imaging is the process of transforming infrared radiation (IR) heat into visible images and is mainly used by the law enforcement community for rescue, forensic and surveillance operations. The surveillance cameras are used for security purpose and are the video cameras for observing an area.

Based on resolution, the global drone camera market has been segmented into 12 MP, 12 to 20 MP, 20 to 32 MP and 32 MP & above. The drone cameras has different resolution starting from 12MP to 32MP and above where it differs in describing the size of digital image that the camera produces.

Based on end user, the global drone camera market has been segmented into commercial, military and homeland security.  The drone cameras are used by commercial, military and home security for different purposes. For commercial purpose it is used for helping the industries more efficient, safer, secure and productive. For military, the drone cameras are used for ensuring anti-terror, crime control and border security.

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Competitive Analysis

The global Drone Camera market is characterized by the presence of several regional and local providers. Some of the key players in the market are Aerialtronics DV B.V (Netherlands), Canon Inc. (Japan), Controp Precision Technologies Ltd. (Israel), DJI (China), DST Control (US), FLIR Systems, Inc. (US), Garmin Ltd.(US), GoPro, Inc. (US), Panasonic Corporation (Japan) and Sony Corporation (Japan).

Regional Analysis

The regional analysis for the global Drone Camera market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2020, and it is expected to register strong growth during the forecast period. The major factors behind the growth of the drone cameras market in North American are the rising adoption of the drone cameras in the commercial and military sector. However, the Asia Pacific area is experiencing tremendous growth due to the growing government initiatives for regulating the commercial use and enhance the safety with the drone cameras.

 

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