The dynamics around and within the Consumer Drone industry are quite interesting. The growth
in the consumer drone sector will remain strong, spurred by the creation of new
use cases and the adoption of the technological advancements generated by
well-funded market leaders such as DJI, 3DR, Parrot, and Yuneec; according to
many experts of the industry.
This also means that, the future challenge will lie in finding ways
to keep the products interesting.
‘’By transforming consumer UAVs into flying smartphone-like platforms,
product vendors will be able to add innovative technological functionality into
the devices with an eye on more open application development to enable
innovative use cases’’ says Phil Solis, Research Director at ABI Research.
ABI Research
Forecasts
Continued, Steady Growth for Both the Toy/Hobbyist and Prosumer UAV Sectors
ABI Research predicts more than 90 million consumer UAVs will ship
during 2025, up from 4.9 million in 2014 with a CAGR of 30.4% over the same
period. Consumer drone revenues in 2025 are forecast to reach $4.6 billion.
Toy/hobbyist drone shipments accounted for 30% of consumer UAV revenue in
2014, while the prosumer segment captured 69%.
ABI Research anticipates that toy/hobbyist UAV revenue will surpass
prosumer UAV revenue beginning in 2017, and will account for more than
two-thirds of the $4.6 billion consumer drone market in 2025.
It is exciting to discover that, UAVs with at least one camera can expect
higher shipments than those without any cameras. It will be quite awesome to
see that, these cameras will not be limited to taking pictures and video, but
will also be utilized for machine-vision applications, such as motion tracking,
obstacle avoidance and other advanced functionalities.