29.9% CAGR Drone Camera Market : Type, Application, Resolution and End User | DJI, GoPro, Aerialtronics DV B.V

Drone Camera Market by Type, Application, Resolution, and End User : Global Opportunity Analysis and Industry Forecast, 2020-2027

PORTLAND, OR, UNITED STATES, October 12, 2023 /EINPresswire.com/ -- According to the report published by Allied Market Research, the drone camera market garnered $3.33 billion in 2019, and is expected to reach $25.39 billion by 2027, witnessing a CAGR of 29.9% from 2020 to 2027. The report offers a detailed analysis of changing market dynamics, competitive scenario, top segments, key investment pockets, value chain, and regional landscape.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/11464

Promising growth rate of the drone market and introduction of technologically advanced products drive the growth of the global drone camera market. However, privacy & security concerns and high-resolution satellite imagery hinder the market growth. On the other hand, surge in demand for drones across emerging nations and rise in application areas for GPS, LiDAR, mapping services, and others create new opportunities in the coming years.

Covid-19 Scenario:

Governments & local authorities determined the use of drones for surveillance during lockdown to prevent people from gathering.
The outbreak of the pandemic also led the governments to opt forumerous agreements with different companies for the supply of drones, for surveillance purposes.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.alliedmarketresearch.com/drone-camera-market/purchase-options

The global drone camera market is segmented on the basis of type, application, resolution, end user, and region. Based on end-user, the military segment contributed to the highest market share in 2019, accounting for nearly two-fifths of the total market share, and is projected to maintain its lead position during the forecast period. In addition, the segment is also expected to grow at the highest CAGR of 31.4% from 2020 to 2027.

Based on application, the photography and videography segment accounted for the highest share in 2019, holding nearly two-fifths of the drone camera market, and is expected to continue its leadership status throughout the forecast period. However, the surveillance segment is projected to witness the highest CAGR of 31.6% from 2020 to 2027. The research also analyzes thermal imaging segment.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/11464

Based on region, the market across North America region accounted for the highest market share in terms of revenue, contributing to more than one-third of the total share in 2019, and is expected to maintain its dominance in terms of revenue by 2027. However, the Asia-Pacific region is projected to witness the fastest CAGR of 31.3% during the forecast period. The report also studies regions include LAMEA and Europe.

Leading players of the drone camera market share analyzed in the research include FLIR Systems, Inc., Garmin Ltd., GoPro, Inc., Panasonic Corporation, Aerialtronics DV B.V, Canon Inc., Controp Precision Technologies Ltd., DJI, DST Control, and Sony Corporation.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐎𝐧 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

Aerospace Cyber Security Market : https://www.alliedmarketresearch.com/aerospace-cyber-security-market-A09068

Aerospace Artificial Intelligence Market : https://www.alliedmarketresearch.com/aerospace-artificial-intelligence-market-A11337

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David Correa
Allied Market Research
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