Drone Camera Market Share

On the basis of geographical analysis, the global market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Asia Pacific industry is estimated to dominate majority revenue share by 2036, due to escalating safety and security concerns across emerging nations, and largescale production and consumption of surveillance cameras in the region. In addition, availability of lower price products with advanced technologies is also projected to bolster the region’s market growth in the coming years. Moreover, the market in North America is expected to grab the most significant share during the forecast period ascribing to the high military spending, and frequent updating of old UAV fleets with new ones for effective operations and results. As per the data provided by the World Bank, in 2020, the military spending of the United States was 3.7 percent of the total GDP share, and the same value for Canada grew up to 1.4 percent of GDP.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of drone camera is estimated at USD 16.68 billion.

Drone Camera Market size was over USD 13.49 billion in 2023 and is anticipated to reach USD 392.53 billion by 2036, growing at around 29.6% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing adoption of drone-based applications across the globe, and rising government spending capacity over public facilities and spaces.

Asia Pacific industry is estimated to dominate majority revenue share by 2036, due to escalating safety and security concerns across emerging nations, and largescale production and consumption of surveillance cameras in the region.

The major players in the market are Go Pro Inc., FLIR Systems, Inc., Elbit Systems Ltd., Israel Aerospace Industries Ltd., Elbit Systems Ltd., and others.

Drone Camera Market Share