Europe Consumer Drone Market Size & Outlook, 2023-2030
Europe consumer drone market, 2018-2030 (US$M)
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Europe consumer drone market highlights
- The Europe consumer drone market generated a revenue of USD 1,196.6 million in 2023.
- The market is expected to grow at a CAGR of 13.6% 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.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,196.6 million |
| Market revenue in 2030 | USD 2,919.3 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Multi-rotor |
| Fastest growing segment | Others (Fixed-wing, hybrid) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 24.8% of the global consumer drone market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 445.0 million by 2030.
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Consumer Drone Market Scope
Consumer Drone Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 71.6% in 2023. Horizon Databook has segmented the Europe consumer drone market based on multi-rotor, nano, others (fixed-wing, hybrid) covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is anticipated to have recorded a significant market share of 24.7% in 2022. The market’s strong presence in the region is a result of the trend of technology enthusiasts purchasing multi-rotor consumer drones.
Additionally, multi-rotor drones are popular among consumers as they are efficient in photography, videography, racing, among other applications. The countries in the European Union (EU) follow a standardized regulation regarding drone tourist drones, purchase of new drones and their operation, which attract more customers and drive the growth of the market.
For instance, according to the European Union Aviation Safety Agency, it is legal to fly drones in member EU regions which include Germany, France, Italy, Spain, among others.
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Our clientele includes a mix of consumer drone market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe consumer drone market , including forecasts for subscribers. This continent databook contains high-level insights into Europe consumer drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe consumer drone market size, by country, 2018-2030 (US$M)
Europe Consumer Drone Market Outlook Share, 2023 & 2030 (US$M)
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