New York, U.S., Jan. 11, 2022 (GLOBE NEWSWIRE) — Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “drone camera market information by type, by resolution, by application and by region – forecasts until 2030” the market size to reach USD 66.6 billion, growing at a compound annual growth rate of 29.8% by 2030.

Market scope:
The growing application areas of drone cameras such as mapping services, LiDAR and GPS will provide strong opportunities for the drone camera market during the forecast period.

Furthermore, the huge increase in the need for videography and aerial photography among the masses will also boost the market growth as these cameras offer high quality images from a wide angle. Also, increasing need for drones for imaging applications, increasing need for low cost DIY drones, high demand for camera drones for surveillance applications, increasing applications in the defense sector and increasing applications of drone technology in various industrial sectors like construction, mining, and agriculture are also fueling the growth of the market.

The Dominant Key Players in Drone Camera Market Covered Are:

  • Aerialtronics DV BV (Netherlands)
  • Canon Inc. (Japan)
  • Controp Precision Technologies Ltd. (Israel)
  • DJI (China)
  • DST control (USA)
  • FLIR Systems Inc. (USA)
  • Garmin Ltd. (United States)
  • GoPro Inc. (USA)
  • Panasonic Corporation (Japan)
  • Sony Corporation (Japan)

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Exclusively encompassed USP market:
Drone Camera Market Drivers
The growing need for land appraisal in agricultural fields will drive the growth of the market over the forecast period. Firefighters use thermal imaging to see through smoke and also for power line inspections. Growing investments by manufacturers to develop more advanced thermal imaging technologies as well as sensors are also fueling the growth of the market.

Privacy and security concerns will remain a market restriction
Privacy and security issues may remain a market constraint during the forecast period. Using drones to collect data and images without attracting attention can lead to increased privacy concerns among the public. To prevent the issues related to national security and protection of public space, governments in various countries are developing laws for the use of drone cameras, thus restraining the growth of the market.

Availability of high resolution satellite imagery to meet the market challenge
The availability of high resolution satellite images may pose a challenge for the market during the forecast period. Additionally, government regulations, lack of protocols and standards, lack of trained and qualified personnel for operating drones, and issues related to safety and security of drones may also hinder the growth of the market.

Browse the In-Depth Market Research Report (141 Pages) on Drone Camera Market:

Market Segmentation Covered by Research:
The global drone camera market has been segmented based on end-user, resolution, application, and type.

By Type, the global drone camera market is segmented into HD camera and SD camera.

By application, the photography and videography segment will lead the market during the forecast period.

By resolution, the global drone camera market is segmented into 12 MP, 12 – 20 MP, 20 -32 MP, and 32 MP and above.

By end user, the commercial segment will dominate the market during the forecast period.

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Regional analysis
North America spearheads the drone camera market
North America will spearhead the drone camera market during the forecast period. Growing adoption of drone cameras in the military and commercial sector in Mexico, Canada and the United States, advancements in drone technologies, growing adoption in the United States for the presence of several non-commercial and commercial drone camera manufacturers, Growing Business Need for Drones-Acquired data and ongoing projects along with strong and supportive government initiatives regarding the advancements in drone technology are contributing to the growth of the global drone camera market in the region.

APAC to See Admirable Growth in Drone Camera Market
APAC region will witness admirable growth in the drone camera market over the forecast period. Growing government initiatives to regulate the commercial use and also improve security with drone cameras which is adding to the growth of the global drone camera market in the region. China and Japan are the biggest producers.

Impact of COVID-19 on the global drone camera market
The COVID-19 outbreak has had a negative effect on the global economy as it has had a significant impact on different sectors like IT & Telecom, and BFSI. The outbreak has led to the implementation of lockdown restrictions as well as travel limitations in different countries around the world, which has driven the supply chain of materials and goods as well as market demand. In addition, the closure of manufacturing sites, trade limitations, lower production rates, unavailability of workers and cash constraints have led to lower cash margins for global market players. This deadly virus has mainly affected small and medium-sized businesses, but large organizations have had huge impacts as well. However, the pandemic has had a positive effect on the drone camera market. There have been reported attempts by various health care users to deliver and transport the medical supplies, as well as lab sample collection which has helped them reduce exposure to infection also for aerial spraying of public spaces to disinfect potentially contaminated places as well as for monitoring and orientation of public space during the confinement period. With the increase in active cases in various locations, containment zones were created where infected people were isolated. Camera-equipped drones have been used to keep tabs on patients and confined spaces. Local authorities and governments have chosen to use drones for surveillance to prevent people from gathering. Also, governments have entered into various agreements with various companies for the provision of drones capable of monitoring a wider location. To deal with the COVID situation, drones have been used by law enforcement authorities such as municipal authorities or local police to monitor people’s movements and interrupt social gatherings that may pose a risk to health. company. Along with street surveillance, authorities have used drones to deliver messages and information about containment measures, especially in rural areas that lack open communication channels for health information.

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