North America Consumer Drone Market Size & Outlook
North America consumer drone market, 2018-2030 (US$M)
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North America consumer drone market highlights
- The North America consumer drone market generated a revenue of USD 1,709.4 million in 2023.
- The market is expected to grow at a CAGR of 10.8% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,709.4 million |
| Market revenue in 2030 | USD 3,514.6 million |
| Growth rate | 10.8% (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, North America region accounted for 35.4% 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 |
|---|
North America 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 69.83% in 2023. Horizon Databook has segmented the North America consumer drone market based on multi-rotor, nano, others (fixed-wing, hybrid) covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the market and accounted for the largest market share of 36.1% in 2022. The market dominance can be attributed to the Federal Aviation Administration’s (FAA) positive initiatives and high government spending on such drones are likely to drive business growth in the region.
The trend of enthusiasts using drones for civilian both recreational and commercial purposes has steadily expanded in recent years as a result of the rapid introduction of consumer electronics.
Additionally, technological advancements has resulted in lighter drone body chassis, better cameras, and operating software which enhances the demand for consumer drones in the market.
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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 continent-level data and insights on the North America consumer drone market , including forecasts for subscribers. This continent databook contains high-level insights into North America consumer drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America consumer drone market size, by country, 2018-2030 (US$M)
North America Consumer Drone Market Outlook Share, 2023 & 2030 (US$M)
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