Selfie Drone Trends and Forecast
The future of the global selfie drone market looks promising with opportunities in the adventure sport and daily entertainment markets. The global selfie drone market is expected to grow with a CAGR of 10.7% from 2024 to 2030. The major drivers for this market are rising popularity of these drones in social media platforms, growth in use of this technology in travel & adventure, and increasing demand for creative selfies.
• Lucintel forecasts that foldable is expected to witness the higher growth over the forecast period.
• Within this market, adventure sport is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States: DJI, a major drone manufacturer, announced the release of their new Mini 3 Pro selfie drone in May 2024. This drone boasts an extended flight time, catering to users who desire more capture time during their aerial photography adventures.
Japan: A Japanese company unveiled a new selfie drone in January 2024, equipped with integrated wind gust resistance technology. This advancement allows for steadier aerial footage, even in challenging weather conditions.
China: Xiaomi, a prominent Chinese tech company, launched a foldable selfie drone in March 2024. This innovative drone incorporates AI-powered obstacle avoidance technology, making it easier and safer to navigate for users of all skill levels.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Selfie Drone by Segment
The study includes a forecast for the global selfie drone by type, application, and region.
Selfie Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Foldable
• Non-Foldable
Selfie Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Adventure Sports
• Daily Entertainment
• Others
Selfie Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Selfie 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 selfie drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the selfie drone companies profiled in this report include-
• DJI
• Zerotech
• Yuneec
• Wingsland
• Kizmo
• Holy Stone
• Eachine
• JJRC
• Snaptain
• AirSelfie
Recent Development in the Selfie Drone Market
DJI: Recognizing the desire for longer capture sessions, DJI released their new Mini 3 Pro selfie drone in May 2024. This drone boasts an extended flight time, allowing content creators to capture more expansive aerial footage during their adventures. This extended range caters to the growing demand for high-quality drone cinematography.
Xiaomi: In March 2024, Xiaomi entered the selfie drone market with a splash. Their innovative drone folds for easy transport, making it ideal for travel enthusiasts. Furthermore, Xiaomi incorporated AI-powered obstacle avoidance technology, making it user-friendly and promoting safe flight for both beginners and experienced flyers.
PowerVision: PowerVision unveiled the PowerEgg X in April 2024. This unique selfie drone integrates a 360° camera, allowing users to capture stunning panoramic selfies with a single click. This innovation caters to the growing trend of immersive social media content and highlights PowerVisionÄX%$%Xs focus on pushing the boundaries of selfie drone capabilities.
Autel Robotics: Looking beyond the hardware, Autel Robotics announced a strategic partnership with Microsoft in February 2024. This collaboration focuses on developing cloud-based solutions for managing and editing selfie drone data. This initiative signifies a move towards a more integrated drone ecosystem, streamlining the workflow for content creators who rely heavily on post-production processes.
Features of the Global Selfie Drone Market
Market Size Estimates: Selfie drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Selfie drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Selfie 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 selfie drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the selfie drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for selfie drone market?
Answer: The global selfie drone market is expected to grow with a CAGR of 10.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the selfie drone market?
Answer: The major drivers for this market are rising popularity of these drones in social media platforms, growth in use of this technology in travel & adventure, and increasing demand for creative selfies.
Q3. What are the major segments for selfie drone market?
Answer: The future of the selfie drone market looks promising with opportunities in the adventure sport and daily entertainment markets.
Q4. Who are the key selfie drone market companies?
Answer: Some of the key selfie drone companies are as follows:
• DJI
• Zerotech
• Yuneec
• Wingsland
• Kizmo
• Holy Stone
• Eachine
• JJRC
• Snaptain
• AirSelfie
Q5. Which selfie drone market segment will be the largest in future?
Answer: Lucintel forecasts that foldable is expected to witness the higher growth over the forecast period.
Q6. In selfie 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 selfie drone market by type (foldable and non-foldable), application (adventure sports, daily entertainment, 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?
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