Consumer Drones : Small Unmanned Aerial Vehicles for Aerial Imaging, Recreation, and Aerial Games: Global Market Analysis and Forecasts

LONDON, June 28, 2016 /PRNewswire/ -- Rapid advances in technology and economies of scale have enabled consumer unmanned aerial vehicles (UAVs), commonly known as drones, to be prototyped and commercially launched at an affordable price. Consumer drones are not only
attracting the usual flight hobbyists and enthusiasts, but also getting into the hands of many who are willing to pay for the fun experience, experimenting with taking breathtaking aerial shots, or generating a side income. Due to emerging cloudbased
applications and data services, the consumer drone industry is enjoying a period of rapid growth.

The consumer drone market is off to a very strong start, with many prominent companies and investors showing confidence in drone technology. Worldwide sales of consumer drones reached $1.9 billion in 2015 and Tractica expects that
the market will continue to grow rapidly over the next few years, while providing significant opportunities to various industry participants, reaching a market value of $5.0 billion by the end of 2021. Tractica forecasts that worldwide consumer drone
unit shipments will increase from 6.4 million units in 2015 to 67.7 million units annually by 2021.

This report examines the global market trends for consumer drones and provides 7-year market sizing and forecasts for consumer drone shipments and revenue during the period from 2015 through 2021. The report focuses on crucial market
drivers and challenges, in addition to assessing the most important technology issues that will influence market develoment.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/consumer-drones--small-unmanned-aerial-vehicles-for-aerial-imaging-recreation-and-aerial-games-global-market-analysis-and-forecasts-300291554.html

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