Who owns the drone market?

Who owns the drone market?

As of 2020, DJI held 77 percent of the American hobby drone market, while a Bard College study showed that DJI drones accounted for about 90 percent of the drones in its database used by public safety agencies in the United States, including state and local police, as well as fire and emergency services.

What is the estimated market for drones in the next few years?

Global UAV Drones Market Report 2022: Market to Reach $58.5 Billion by 2026 – Drone-as-a-Service & Drone Rentals Presents New Verticals. Dublin, Jan. 21, 2022 (GLOBE NEWSWIRE) — The “UAV Drones – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

How many drones sold 2020?

The total number of consumer drone shipments worldwide was around 5 million units in 2020. The number is expected to increase over the next decade, reaching 9.6 million consumer drone unit shipments globally by 2030.

Is the drone market saturated?

The market is saturated with drone pilots who are now providing or capable of delivering aerial imagery as a service. Stock photography and video sites are filled with drone footage and aerial video available for sale or free use.

How much of drone market is DJI?

DJI’s share of the global commercial drone market dropped 15 percentage points this year to 54%, according to DroneAnalyst. But the company that benefited the most was another Chinese firm, Autel Robotics, which grew to a 7% share.

How many drones sold 2021?

There’s no arguing the spike in drone industry growth that has occurred in the last few years – the drone services market size is expected to grow to $63.6 billion by 2025, and Insider Intelligence predicts consumer drone shipments will hit 29 million by 2021.

Are drone businesses profitable?

Many people don’t want to burden themselves with the financial investment of buying, maintaining, and repairing a drone. Some only want to use drones for a certain project or event and then return it. You might find that simply owning and leasing drones can be a lucrative business opportunity.

How fast is the drone industry growing?

Insider Intelligence predicts total global shipments to reach 2.4 million in 2023 – increasing at a 66.8% compound annual growth rate (CAGR). Here are some pertinent drone industry applications and market statistics.

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