32 MP is Expected to Dominate the Global Drone Camera Market
Increase
in the defense budget has allowed governments from different nations to partner
with drone and component makers to deliver better and more sophisticated
products to support the market drivers of the drone camera industry.
According to TechSci
Research report, “Global Drone Camera Market - Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”. The Global Drone
Camera is anticipated to project robust growth in the forecast period with a
CAGR of 26.6% through 2028. Increasing
demand for aerial photography and videography, along with reduced drone costs,
is a major factor driving the market growth. Drone cameras are less expensive
compared to traditional camera equipment for collecting high-quality footage.
Aerial surveillance is required in situations such as crowded gatherings, large
sports competitions, and summer festivals. Moreover, the growing use of drone
cameras for real estate photography, mapping and surveying, agriculture,
emergency response, search and rescue operations, maritime rescue, meteorology,
and delivery, among other things, is driving the drone camera market. The
surveillance segment of the drone camera market is expected to dominate the
market share while also exhibiting the highest growth rate during the forecast
period. Drones monitor potential suspects or areas to keep track of their
movements. Drones with cameras have several advantages, including outstanding
picture quality and ease of use for security. Also, they can offer thorough
information on locations, provided they work well on hard-to-reach spots. For
instance, in November 2021, the drone-in-a-box solutions provider Percepto
announced the launch of a new drone called Air Mobile. The Air Mobile is
claimed to be ideal for linear inspections and can monitor short-term projects
across multiple sites in sectors like construction. The Air Mobile drones can
be stored permanently on-site within their respective Percepto Bases. The
encasements are designed for infrequent maintenance and protection against
extreme environmental phenomena, such as hurricanes. Such innovative products
are expected to gain customer preference during the forecast period.
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The Asia-Pacific region is
expected to witness rapid growth during the forecast period as drones are
envisioned to be adopted in large numbers by end-users based in the region.
Furthermore, an increase in research and development (R&D) initiatives for
cutting-edge drones for military applications such as border security and
surveillance, as well as rapid digitalization, especially in rural regions are
also anticipated to drive the demand for drones and associated accessories such
as drone cameras. On this note.
Asia-Pacific is rapidly adopting technology for agriculture driven by the
rising labor costs which makes technology-driven agriculture much cheaper and
more reliable than traditional methods. For instance, Kisan drones, or farmer
drones, are more frequently used in India to assess crop damage and digitize
land records. Moreover, the expanding use of drones for various industries such
as tourism, real estate, insurance, construction, meteorology, etc. is also
expected to drive the demand for the drone camera market in this region.
Recent Development:-
- In December 2022, SZ DJI
Technology Co., Ltd. (DJI) developed a compact, ultra-lightweight camera drone,
DJI Mini 3, which weighs less than 249 grams.
- In June 2022, DJI launched
DJI RS 3 and DJI RS 3 Pro, incorporating a range of new features, including a
redesigned axes-locking system making the process of recording videos and
capturing high-resolution images automated. By turning on the gimbal, the automated
axis locks release and unfold the gimbal, allowing the operator to get started
in seconds.
- In December 2021, DJI
introduced its latest agriculture drone in its crop protection series, named
the DJI AGRAS T20. The DJI AGRAS T20 can carry a maximum payload of 20kg and is
equipped with eight nozzles and high-volume pumps that can spray at a rate of
up to six liters per minute.
Key market players in the
Global Drone Camera Market are following:-
- Garmin
Ltd.
- Canon
Inc
- Aerialtronics
DV B.V.
- GoPro,
Inc.
- Sony
Corporation
- DST
CONTROL
- DJI
- Controp
Precision Technologies Ltd
- FLIR
Systems, Inc.
- Panasonic
Corporation
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“.The drone camera market
has been rapidly growing in recent years due to the increasing demand for
drones in various industries such as agriculture, construction, film and
entertainment, and security and surveillance.
Furthermore, the use of
drone cameras is expected to increase in various applications such as precision
agriculture, mapping and surveying, aerial photography and videography, and
inspection and monitoring. With the growing demand for drone cameras, new players
are also entering the market, leading to increased competition and innovation.
Overall, the drone camera
market is expected to continue its growth trajectory in the coming years,
driven by advancements in drone technology and increasing demand from various
industries”
said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management consulting firm.
Drone Camera Market – Global
Industry Size, Share, Trends, Opportunity, and Forecast Segmented, By Type (SD
Camera and HD Camera), By Application (Photography & Videography, Thermal
Imaging, and Surveillance), By Resolution (12 MP, 12 to 20 MP, 20 to 32 MP, and
32 MP & Above), By End User (Commercial, Military, and Homeland security), By
Region, Competition 2018-2028. has evaluated the future growth
potential of Global Drone Camera Market and
provides statistics and information on market structure, size, share, and
future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities present in the Global Drone
Camera Market.
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