India Consumer Drone Market Size & Outlook, 2023-2030
India consumer drone market, 2018-2030 (US$M)
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India consumer drone market highlights
- The India consumer drone market generated a revenue of USD 126.1 million in 2023 and is expected to reach USD 392.1 million by 2030.
- The India market is expected to grow at a CAGR of 17.6% 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.
Consumer drone market data book summary
| Market revenue in 2023 | USD 126.1 million |
| Market revenue in 2030 | USD 392.1 million |
| Growth rate | 17.6% (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, India accounted for 2.6% 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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India 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 66.77% in 2023. Horizon Databook has segmented the India 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 India is expected to grow at the highest CAGR of 17.6% over the forecast period. The region has a large young population base who are technology enthusiasts. The trend of hobbyist drone flying in India is expected to drive the market growth.
Moreover, companies are signing celebrities and sports stars to advertise their drone products to attract new young customers based on the celebrity attraction factor.
For instance, in October 2022, MS Dhoni, a popular Indian sports player, was hired by Garuda Aerospace to launch its DRONI drone as has a large following and is immensely trusted among people in India.
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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 country-level data and insights on the India consumer drone market , including forecasts for subscribers. This country databook contains high-level insights into India consumer drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India consumer drone market size, by product, 2018-2030 (US$M)
India Consumer Drone Market Outlook Share, 2023 & 2030 (US$M)
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