Market Overview:
Smartphone controlled drone market size is estimated to register the highest CAGR of around 18% during the forecast period, 2020–2027.
A number of companies are currently exploring the usage of drones for various applications, such as surveillance, commercial, forest, agriculture, and construction. Drones with cameras are being deployed to inspect oil rigs, monitor agriculture fields and mines, and check on telecom towers. Of late, next-generation industrial drones are being dispatched to fly for hundreds of miles of area, deliver packages, or support search and rescue operations. A smartphone controlled drone has a capability to integrate gathered data and has suffient mobility which assist it to collect the required data in less time.
By application, the smartphone controlled drone market growth has been segmented by commercial and personal. The personal segment covers the market for smartphone controlled drones used by private individuals, for either recreational purposes or personal travel.
The advantage of smartphone-controlled drones over other drones is that these are extremely easy to use. They feature an HD camera that streams video to the user’s phone and is less expensive as compared to other drones. The restraints to this market are short per-battery flight time and difficulty in operating during poor weather conditions.
Key Players
The key players in smartphone controlled drone market size are DJI (China), Parrot Drones SAS (France), CONTIXO (U.S.), 3DR (U.S.), Kidcia (China), Guangdong Cheerson Hobby Technology Company Limited (China), GoPro, Inc. (U.S.), DBPOWER (China), and Draganfly Innovations Inc. (Canada).
Market Segmentation:
This study provides an overview of the global smartphone controlled drone market size, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific (APAC), the Middle East and Africa, Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the smartphone controlled drone market size by its component, application, range, and region.
By Component
Airframe
Controller &Navigation System
Propulsion System
Others
By Application
Commercial
Personal
By Range
Less than 150 meters
More than 150 meters
By Region
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
Regional Analysis:
Asia-Pacific is expected to develop as the fastest growing Smartphone controlled drone market size Size during the forecast period. Developments related to drones in Asian countries and relatively demand for consumer electronic products are encouraging manufacturers to adopt a cost-effective technology in the smartphone controlled drones manufacturing process. Europe is one of the dominating players in the market for smartphone controlled drones. Countries, such as the UK, Italy, and Germany are the major contributors to the market growth due to the presence of primary manufacturers in the industry.
The global smartphone controlled drone market industry size has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the market during the forecast period. The North American market comprises the US and Canada. North America dominated the smartphone-controlled drone market in 2017, due to the increased applications of drones. The region leads the global market in terms of technological advancements, purchasing power, and has a large number of applications of drones, such as recreational photography & videography and drone racing & sports. Europe accounted for the second-largest market share in 2018. The key drivers for the market in this region are the increasing joint ventures and partnerships and rapid technological advancements. Asia-Pacific was a prominent market for smartphone-controlled drones in 2018. A key factor driving the growth of the market is the availability of low-cost drones in the region. In China, there are several smartphone-controlled drone manufacturers who are focusing on reducing the drone weight by using lightweight fiber materials, focusing on the aesthetic features and ergonomics of drones, and designing user-friendly drones.
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