China Consumer Drone Market Size & Outlook, 2023-2030
China consumer drone market, 2018-2030 (US$M)
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China consumer drone market highlights
- The China consumer drone market generated a revenue of USD 532.1 million in 2023 and is expected to reach USD 1,254.7 million by 2030.
- The China market is expected to grow at a CAGR of 13% from 2024 to 2030.
- In terms of segment, multi-rotor was the largest revenue generating product in 2023.
- Others (Fixed-wing, hybrid) is the most lucrative product segment registering the fastest growth during the forecast period.
Consumer drone market data book summary
| Market revenue in 2023 | USD 532.1 million |
| Market revenue in 2030 | USD 1,254.7 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Multi-rotor |
| Fastest growing segment | Others (Fixed-wing, hybrid) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Multi-rotor, Nano, Others (Fixed-wing, hybrid) |
| Key market players worldwide | Guangdong Cheerson Hobby Technology, Horizon Hobby, Parrot SA, Kitty Hawk, DJI, Makerfire, Syma, WALKERA, Yuneec, Skytech, Jianjian, Hubsan |
Other key industry trends
- In terms of revenue, China accounted for 11.0% of the global consumer drone market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China consumer drone market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 392.1 million by 2030.
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Consumer Drone Market Scope
Consumer Drone Market Companies
| Name | Profile | # Employees | HQ | Website |
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China consumer drone market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to consumer drone market will help companies and investors design strategic landscapes.
Multi-rotor was the largest segment with a revenue share of 65.87% in 2023. Horizon Databook has segmented the China consumer drone market based on multi-rotor, nano, others (fixed-wing, hybrid) covering the revenue growth of each sub-segment from 2018 to 2030.
The consumer drone market in China was projected to record the highest market share of 34.7% in 2022. This growth can be attributed to the China’s vibrant drone industry, established consumer electronics market, and increasing demand for drones.
Moreover, the market growth is attributed to the Chinese government offering various subsidy programs and other advantageous domestic policies for drone purchases to encourage the development of industrial sectors' technical capabilities.
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Target buyers of China consumer drone market databook
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Our clientele includes a mix of consumer drone market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China consumer drone market , including forecasts for subscribers. This country databook contains high-level insights into China consumer drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China consumer drone market size, by product, 2018-2030 (US$M)
China Consumer Drone Market Outlook Share, 2023 & 2030 (US$M)
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