Drone Camera Market Size, Share, Opportunities, And Trends By Application (Photography And Videography, Thermal Imaging, Surveillance), By Resolution (4K Resolution, Others), By End-User (Commercial, Defense, Others), And By Geography - Forecasts From 2023 To 2028

The drone camera market is predicted to grow at a CAGR of 14.47% from US$6,205.325 million in 2021 to US$15,979.942 million by 2028.

Market Overview:

A drone camera is a device that is mounted inside a drone and is used to record videos or take images while the drone is in flight. Drone cameras are employed for a variety of activities, including product and food delivery, area surveillance, and thermal imaging. Because of the rising usage of drones in various industries, there is a greater demand for high-resolution cameras capable of collecting high-quality photographs from a wider angle and mounted on drones. Furthermore, an increase in the defense budget has allowed governments from numerous countries to enter into agreements with drone and component makers.

Demand for high-resolution 4k cameras leading to new product developments in the drone camera market

The drone market has grown significantly in recent years as a result of the adoption of high-resolution 4k cameras and advanced sensor systems. As a result, industry leaders have expanded their product portfolios even further. For example, the DJI Mini 3 Pro was announced in May 2022 as the latest addition to DJI's Mini Drones collection. The new camera drone is lightweight and compact, weighing less than 249 grams. The video recording capabilities of the DJI Mini 3 Pro have been enhanced to up to 60 frames per second with 4K HD recordings. The drone includes a 1/1.3-inch CMOS camera sensor with an aperture of f/1.7 and can capture photographs of up to 48 megapixels. For improved vertical shooting, the camera may be rotated 90 degrees. As a result, continual innovation and the availability of technologically advanced items with 4K resolution are expected to drive market growth.

Surveillance segment to hold a significant market share

The surveillance segment will have the fastest revenue growth rate. The use of drone cameras for surveillance and mapping benefits from the high-resolution aerial images such cameras can offer. Geographic Information Systems (GIS) professionals can develop maps, charts, and visualizations that can be used to investigate spatial linkages and learn how to best solve local concerns. For instance, Phase One, a leading developer of digital imaging technology, announced a commercial relationship with Remote Vision GmbH, a Herisau, Switzerland-based producer of bespoke unmanned aerial vehicle (UAV) systems in January 2022. The dynamic range of the Phase One iXM 100MP and 50MP cameras ensures clear image gathering in high-contrast or low-light conditions. The range of lens options means that even at safe distances from the object, enormous surface areas can be photographed with millimetre-level detail. The redesigned gimbal with integrated laser rangefinder guarantees precise and rapid focusing on every shot, eliminating fuzzy and out-of-focus photographs, and allowing for greater coverage of major objects in fewer images and shorter missions.

By end-user, the defense segment is about to experience a higher cash inflow due to investments in the market.

During the forecast period, the defense sector is likely to have the greatest share of the drone camera market. A military drone is a specialized unmanned drone that is used for defense. These drones are designed to fly beyond the range of human visibility to perform thermal scanning over a certain area. Military drone cameras are becoming more popular as a result of increased defense budgets in various countries. For example, more than 250 "portable" and "packable" micro drones will be deployed to the Armed Forces following the award of a £129 million contract to Lockheed Martin UK in December 2022. Drones will have high-resolution imaging capabilities that will allow them to find and identify prospective targets.

Key Developments:  

• August 2022: DJI, the prominent drone manufacturer, has unveiled a new FPV aircraft called the DJI Avata. Professionals and fans alike can record high-quality motion footage with the new FPV drone. The FPV drone's lens has a field of vision of 155 degrees, an equivalent focal length of 12.7mm, and an aperture of f/2.8. The camera has a CMOS sensor and can capture videos in 4K resolution at 60 frames per second.
• April 2022: Snap CEO Evan Spiegel unveiled the Pixy flying camera at Snap's Partner Summit. Pixy has a front-facing camera for taking images and movies, as well as a bottom-facing camera for navigation. Pixy does not require a controller or any setup, instead operating autonomously, taking selfies for you before landing in your palm.

Based on geography, Asia Pacific, and Europe will see growth in the drone camera market.

Drone camera manufacturers in Europe provide a wide range of use cases, including mapping, aerial photography, surveillance, data collection, and video and photographic recording. Various companies in the region are working together to employ drones equipped with 3D image cameras for the aforementioned activities. For example, in April 2021, Ericsson teamed with Vodafone UK to speed network upgrades using drone inspections. Ericsson worked with Vodafone UK to test the use of drones and Lidar-based 3D technology to speed network design and site enhancements. In the experiments, drones equipped with a High Definition (HD) camera and Lidar technology were used to collect data from network locations, which was then used by network engineering teams to make site improvements.

Drones are widely used in emergency management circumstances around the Asia Pacific, such as planning rescue operations, documenting the status of the situation, and reaching critical locations. Countries in Asia Pacific have extensively adopted drone cameras for surveillance purposes, ensuring safety while facilitating lawful trade and transit along country borders and contentious areas. For instance, J&K Police announced in September 2022 that they deploy drones equipped with high-resolution cameras to maintain 24-hour monitoring across Srinagar city. Jammu Kashmir Police has begun utilizing these high-tech drones to keep a close eye on anti-social elements and terror operations in Srinagar. Furthermore, the expansion of the media and entertainment industries is expected to accelerate the expansion of the drone camera market in the future years.

Drone Camera Market Scope:

Segmentation:

• By application
  • Photography and Videography
  • Thermal Imaging
  • Surveillance
• By resolution
  • 4K resolution
  • Others
• By end-user
  • Commercial
  • Defense
  • Others
• By geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others