Research Nester has released a report titled “Selfie Drones Market – Global Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the global selfie drones market in terms of market segmentation by size, by wing type, by camera resolution, by hovering time, by hovering range and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global selfie drones market is segmented by wing type into fixed and foldable, out of which, foldable segment is anticipated to hold the largest market share owing to rising need for selfie drones that provides greater portability as well as lowers the concern of damage of the drones while in transit.
The global selfie drones market is anticipated to record a modest CAGR during the forecast period, i.e. 2020-2028. Growing trend for clicking pictures of oneself, also known as a selfie, along with the advancement in accessories that helps to click selfies, coupled with the dynamic change amongst photographers to develop their photography skills and infuse creativity via aerial photography are some of the factors anticipated to contribute towards the growth of the global selfie drones market.
Regionally, the global selfie drones market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America is anticipated to hold the largest market share owing to abundant awareness about the product amongst consumers, presence of several key players in the region, and law and regulations that favor flying drones in the region. Additionally, support by several independent associations and agencies for flying drones by providing tutorials and drone licenses, are some of the factors predicted to contribute towards the growth of the global selfie drones market in the region in the upcoming years.
Growing Trend For Aerial Photography in Travel and Tourism Industry
In the statistics by the Federal Aviation Administration (FAA) operating under the United states Department of Transportation, total number of drone registrations in United States constituted to around 1,533,596 number of drones during the year 2019, out of which, 428,245 numbers were commercial drones and 1,101,564 numbers were recreational drones.
Selfie drones are small UAVs and are designed for greater portability as well as for its use in recreational activities. With increasing number of social video bloggers, and the internet filled with vlogging videos, the demand for aerial photography has grown manifold amongst the vloggers. Vloggers use selfie drones to capture aerial photographs for greater cinematic effect in their content. Advanced features in selfie drones, such as follow me function, high resolution cameras attached to multi-axis rotating gimbals, image stabilization and others help vloggers provide great content at the end of the day. Moreover, most of these videos are made when an individual is travelling, which in turn is helping towards the growth of the travel and tourism industry. Additionally, travel agencies are increasingly supporting such videos as these informative videos attract attention of numerous travelers from around the globe. Such factors are thereby anticipated to drive the growth of the global selfie drones market.
However, concerns regarding high end product cost, that might impact the sales of the product, is anticipated to limit the growth of the global selfie drones market.
This report also provides the existing competitive scenario of some of the key players of the global selfie drones market, which includes company profiling of SZ DJI Technologies Co., Ltd., ZEROTECH Intelligence Technology Co. Ltd., Yuneec International, Wingsland Technology USA, Potensic Innovations Limited, Autel Robotics, Parrot Drones SAS, Eachine, Holy Stone, Contixo. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global selfie drones market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.