Market revenue in 2023 | USD 1,487.2 million |
Market revenue in 2030 | USD 3,008.5 million |
Growth rate | 10.6% (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 |
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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 70.18% in 2023. Horizon Databook has segmented the U.S. 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 U.S. was anticipated to record the highest market share of 87.2% in 2022. The U.S. is one of the biggest markets in North America due to the presence of legacy companies which already have a large established customer base.
The trend of toy/hobbyist consumer drone users in the region is expected to drive the market growth due to the ease of use and registration of the drone.
For instance, in January 2022, according to the Federal Aviation Administration, there were more than 500,000 registered drones for recreation and hobbyist purposes. Similarly, there is a high demand for multi-rotor drones in U.S. as they are capable to land and take off easily in difficult terrains.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. consumer drone market , including forecasts for subscribers. This country databook contains high-level insights into U.S. consumer drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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