Ultralight Camera Drone Trends and Forecast
The future of the global ultralight camera drone market looks promising with opportunities in the online sale and offline sale markets. The global ultralight camera drone market is expected to grow with a CAGR of 16.3% from 2024 to 2030. The major drivers for this market are growing demand for compact & lightweight drones and increasing interest in aerial photography & videography.
• Lucintel forecasts that foldable is expected to witness the higher growth over the forecast period.
• Within this market, online sale is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
China (Asia-Pacific): DJI (China) announced the launch of the Mini 3 Pro in June 2024, an ultra-lightweight camera drone with extended flight time, targeting hobbyists and content creators. This launch highlights the focus on innovation and features for recreational users.
South Korea (Asia-Pacific): The South Korean government announced a tax break initiative for domestic manufacturers of ultralight camera drones in April 2024. This policy aims to boost domestic production, making drones more affordable and accessible to consumers.
United States (North America): The Federal Aviation Administration (FAA) clarified regulations for recreational ultralight drone use in May 2024. This aims to encourage safe adoption by hobbyists, potentially leading to increased sales of ultralight camera drones.
Germany (Europe): The annual Drone Masters competition in Germany witnessed a record number of participants using ultralight camera drones for aerial videography in May 2024. This surge in competition participation reflects the growing popularity of ultralight camera drones for creative content creation in Europe.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ultralight Camera Drone by Segment
The study includes a forecast for the global ultralight camera drone by type, application, and region.
Ultralight Camera Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Foldable
• Not-Foldable
Ultralight Camera Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Online Sales
• Offline Sales
Ultralight Camera Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ultralight Camera 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 ultralight camera drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ultralight camera drone companies profiled in this report include-
• DJI
• Holy Stone
• Autel Robotics
• Potensic
• Odyssey Toys
• Happymodel
• Emax USA
Recent Development in the Ultralight Camera Drone Market
DJI: DJI launched the Mavic Mini 2, an ultralight camera drone with upgraded features like 4K video recording and longer flight time, targeting photography enthusiasts and content creators.
Parrot: Parrot introduced the Anafi ultralight camera drone, focusing on portability and high-resolution imaging capabilities for professionals and hobbyists.
Autel Robotics: Autel Robotics unveiled the EVO Lite+ ultralight camera drone, emphasizing its compact design and advanced camera system, catering to aerial photography and videography needs.
Skydio: Skydio launched the Skydio 2 ultralight camera drone, known for its autonomous flight capabilities and obstacle avoidance technology, appealing to users in various industries such as inspection and mapping.
Yuneec: Yuneec introduced the Mantis Q ultralight camera drone, featuring voice control and foldable design, targeting consumers seeking a user-friendly and portable drone for capturing aerial footage.
Features of the Global Ultralight Camera Drone Market
Market Size Estimates: Ultralight camera drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ultralight camera drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Ultralight camera 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 ultralight camera drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ultralight camera drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for ultralight camera drone market?
Answer: The global ultralight camera drone market is expected to grow with a CAGR of 16.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the ultralight camera drone market?
Answer: The major drivers for this market are growing demand for compact & lightweight drones and increasing interest in aerial photography & videography.
Q3. What are the major segments for ultralight camera drone market?
Answer: The future of the ultralight camera drone market looks promising with opportunities in the online sale and offline sale markets.
Q4. Who are the key ultralight camera drone market companies?
Answer: Some of the key ultralight camera drone companies are as follows:
• DJI
• Holy Stone
• Autel Robotics
• Potensic
• Odyssey Toys
• Happymodel
• Emax USA
Q5. Which ultralight camera 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 ultralight camera 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 ultralight camera drone market by type (foldable and not-foldable), application (online sales and offline sales), 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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