Smart Commercial Photography Drones Market By Product (Rotary Blade, Fixed Wing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global smart commercial photography drones market is expected to reach around USD 10.6 billion by 2025, growing at a CAGR of 40% between 2019 and 2025. The ability of smart drones to reach and capture the view of a place, which is not accessible for a normal human, are the main driving factors of the smart commercial photography drones market globally.

06-Sep-2019 | Number of pages: 120 | Report Code: ZMR-4710 | Report Format : | Status : Published

Analysis

Drone photography has several applications across various industries, such as oil and gas, construction, agriculture, and logistics. Smart drones are capable of autonomous driving along with the ability to recognize nature of a wide range of objects. When compiled with machine learning, smart drones can improve work efficiency and ensure safety. These drones when coupled with artificial intelligence are easier to operate than conventional cameras that are generally used for monitoring.

The ability of smart drones to reach and capture the view of a place, which is not accessible for a normal human, are the main driving factors of the smart commercial photography drones market globally. The use of commercial drones for civilian applications, such as wedding photography, agricultural inspection, etc., has increased in recent years. Furthermore, various industries, such as military, media, and journalism, etc., are using drone photography to gain information; this is likely to create more growth opportunities for the smart commercial photography drones market in the upcoming years. Moreover, smart drones are capable of computer vision, facial recognition, object recognition, and tracking; these advantages of smart drones will create further growth opportunities for the smart commercial photography drones market. However, the increasing number of government restrictions on drone usage and high initial cost of drones may limit this global market.

Global Smart Commercial Photography Drones Market

The smart commercial photography drones market is fragmented based on product and region. The product segment includes fixed wing, rotary blade, and others.

North America had the largest share in the smart commercial photography drones market globally in 2018, as the region has recorded increased use of drones by its logistic industry. This regional market is likely to grow in the future, owing to the growing adoption of smart drones for delivery by e-commerce market players. Europe held a significant share in the global market for smart commercial photography drones in 2018, due to the increasing use of smart drones for public safety, agricultural automation, and energy sector. The Asia Pacific is likely to record the highest CAGR for smart commercial photography drones market globally. China has been the key country involved in technological developments of smart drones, due to the cheap availability of drone parts in the region.

Some key players in the smart commercial photography drones market across the globe are SZ DJI Technology, 3D Robotics, Parrot Drones, Israel Aerospace Industries, Elbit Systems, HUVRData, XAIRCRAFT Technology, Ascending Technologies, Zero-tech UAV, and AeroVironment.


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