Pocket Drone Trends and Forecast
The future of the global pocket drone market looks promising with opportunities in the civil and commercial markets. The global pocket drone market is expected to reach an estimated $5 billion by 2030 with a CAGR of 17.3% from 2024 to 2030. The major drivers for this market are increasing demand for compact & portable drone solutions, rising interest in drones for personal & recreational use, and growth in aerial photography & video content creation.
• Lucintel forecasts that with camera is expected to witness the higher growth over the forecast period.
• Within this market, civil is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States: DJI introduced a new pocket drone model with advanced camera features, targeting consumers interested in portable aerial photography. The company aims to capture a significant market share in the compact drone segment by 2023.
China: EHang collaborated with the Chinese government to promote pocket drone usage for personal transportation and urban mobility. The initiative includes regulatory support and infrastructure development for safe drone commuting in urban areas.
Germany: Parrot launched a series of compact pocket drones with enhanced flight stability and obstacle avoidance technology, targeting outdoor enthusiasts and travelers. The company aims to expand its presence in the European pocket drone market by 20% in the next year.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pocket Drone by Segment
The study includes a forecast for the global pocket drone by type, application, and region.
Pocket Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• With Camera
• Without Camera
Pocket Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Civil
• Commercial
• Others
Pocket Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Pocket 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 pocket drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pocket drone companies profiled in this report include-
• ZEROTECH
• YUNEEC
• DJI
• AirSelfie
• GoPro
Recent Development in the Pocket Drone Market
DJI: Introduced a new pocket drone model with advanced camera features, targeting consumers interested in portable aerial photography. This initiative aims to capture a significant market share in the compact drone segment by 2023.
EHang: Collaborated with the Chinese government to promote pocket drone usage for personal transportation and urban mobility. The initiative includes regulatory support and infrastructure development for safe drone commuting in urban areas.
Parrot: Launched a series of compact pocket drones with enhanced flight stability and obstacle avoidance technology, catering to outdoor enthusiasts and travelers. The company aims to expand its presence in the European pocket drone market by 20% in the next year.
Autel Robotics: Developed a pocket-sized drone with intelligent flight modes and compact design, targeting consumers looking for portable and easy-to-use aerial photography solutions. This initiative aligns with the growing demand for compact drones among photography enthusiasts and hobbyists.
Hubsan: Released an affordable pocket drone with HD camera capabilities, focusing on providing entry-level users with a compact and budget-friendly option for aerial photography and recreational flying. This initiative aims to democratize drone technology and attract new consumers to the pocket drone market.
Features of the Global Pocket Drone Market
Market Size Estimates: Pocket 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: Pocket drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Pocket 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 pocket drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pocket drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the pocket drone market size?
Answer: The global pocket drone market is expected to reach an estimated $5 billion by 2030.
Q2. What is the growth forecast for pocket drone market?
Answer: The global pocket drone market is expected to grow with a CAGR of 17.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the pocket drone market?
Answer: The major drivers for this market are increasing demand for compact & portable drone solutions, rising interest in drones for personal & recreational use, and growth in aerial photography & video content creation.
Q4. What are the major segments for pocket drone market?
Answer: The future of the pocket drone market looks promising with opportunities in the civil and commercial markets.
Q5. Who are the key pocket drone market companies?
Answer: Some of the key pocket drone companies are as follows:
• ZEROTECH
• YUNEEC
• DJI
• AirSelfie
• GoPro
Q6. Which pocket drone market segment will be the largest in future?
Answer: Lucintel forecasts that with camera is expected to witness the higher growth over the forecast period.
Q7. In pocket 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.
Q8. 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 pocket drone market by type (with camera and without camera), application (civil, commercial, 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 Pocket Drone Market, Pocket Drone Market Size, Pocket Drone Market Growth, Pocket Drone Market Analysis, Pocket Drone Market Report, Pocket Drone Market Share, Pocket Drone Market Trends, Pocket Drone Market Forecast, Pocket Drone Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.