First Person View Drone Trends and Forecast
The future of the global first person view drone market looks promising with opportunities in the mapping, monitor, precision agriculture, and public safety markets. The global first person view drone market is expected to grow with a CAGR of 14.3% from 2024 to 2030. The major drivers for this market are rise in interest for drone racing and increase of aerial photography and videography.
• Lucintel forecasts that normal mode is expected to witness the highest growth over the forecast period.
• Within this market, mapping is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: DJI introduced the FPV Drone, targeting enthusiasts with immersive flight experiences. The FAA aims to regulate FPV drone operations for safety while promoting innovation in the recreational drone industry.
China: Eachine launched the Novice III FPV drone for beginners, aligning with ChinaÄX%$%Xs push to boost the FPV drone market domestically and internationally.
Australia: The Australian government supports FPV drone racing events, encouraging local companies like Team BlackSheep to innovate and compete in the global FPV market.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
First Person View Drone by Segment
The study includes a forecast for the global first person view drone by type, application, and region.
First Person View Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Normal Mode
• Sport Mode
• Advanced Manual Mode
First Person View Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Mapping
• Monitor
• Precision Agriculture
• Public Safety
• Others
First Person View Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of First Person View Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies first person view drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the first person view drone companies profiled in this report include-
• Performance Drone Works
• VOTIX
• Teledyne Geospatial
• FIXAR
• Iris Automation
• Aurora Flight Sciences
• Mobilicom
• L3 ASV
• Blue Marble Geographics
• CHC Navigation
Recent Development in the First Person View Drone Market
DJI: DJI, a leading drone manufacturer, launched the FPV Drone targeting enthusiasts. This drone offers immersive flight experiences with high-speed racing capabilities and advanced FPV technology.
Eachine: Eachine introduced the Novice III FPV drone designed for beginners. This initiative aims to expand the FPV drone market by offering accessible and user-friendly options for newcomers.
Team BlackSheep: Team BlackSheep, an FPV drone company, organizes and participates in FPV racing events globally. These events promote the sport and showcase technological advancements in FPV drone technology.
Fat Shark: Fat Shark, a renowned FPV goggle manufacturer, announced new innovations in FPV goggles. These advancements enhance the FPV experience for pilots, including better resolution, reduced latency, and improved comfort.
ImmersionRC: ImmersionRC specializes in FPV racing drones and recently launched new models with improved performance and durability. Their initiatives focus on catering to the needs of professional FPV racers and enthusiasts.
Features of the Global First Person View Drone Market
Market Size Estimates: First person view drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: First person view drone market size by type, application, and region in terms of value ($B).
Regional Analysis: First person view drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the first person view drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the first person view drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for first person view drone market?
Answer: The global first person view drone market is expected to grow with a CAGR of 14.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the first person view drone market?
Answer: The major drivers for this market are rise in interest for drone racing and increase of aerial photography and videography.
Q3. What are the major segments for first person view drone market?
Answer: The future of the first person view drone market looks promising with opportunities in the mapping, monitor, precision agriculture, and public safety markets.
Q4. Who are the key first person view drone market companies?
Answer: Some of the key first person view drone companies are as follows:
• Performance Drone Works
• VOTIX
• Teledyne Geospatial
• FIXAR
• Iris Automation
• Aurora Flight Sciences
• Mobilicom
• L3 ASV
• Blue Marble Geographics
• CHC Navigation
Q5. Which first person view drone market segment will be the largest in future?
Answer: Lucintel forecasts that normal mode is expected to witness the highest growth over the forecast period.
Q6. In first person view drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the first person view drone market by type (normal mode, sport mode, and advanced manual mode), application (mapping, monitor, precision agriculture, public safety, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to First Person View Drone Market, First Person View Drone Market Size, First Person View Drone Market Growth, First Person View Drone Market Analysis, First Person View Drone Market Report, First Person View Drone Market Share, First Person View Drone Market Trends, First Person View Drone Market Forecast, First Person View Drone Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.