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Consumer Drones Market size is set to grow by USD 8.25 billion from 2024-2028, Advancements in sensors and the emergence of low-cost drones boost the market, Technavio

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NEW YORK, Aug. 5, 2024 /PRNewswire/ — The global consumer drones market size is estimated to grow by USD 8.25 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 18.52% during the forecast period. Advancements in sensors and the emergence of low-cost drones is driving market growth, with a trend towards availability of affordable consumer drones. However, stringent government regulations regarding the use of consumer drones poses a challenge. Key market players include AeroVironment Inc., Autel Robotics Co. Ltd., Eachine, EHang Holdings Ltd., GoPro Inc., Guangdong Aircraft Industrial Co. Ltd., Horizon Hobby LLC, Jianjian Technology Co. Ltd., Parrot Drones SAS, PrecisionHawk Inc., Shenzhen Hubsan Technology Co. Ltd., Shenzhen Zero UAV Tech. Co. Ltd., Skydio Inc., Skytech Drone sp zoo, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Walkera, and Yuneec International Co. Ltd.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Consumer Drones Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 18.52%

Market growth 2024-2028

USD 8259.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

15.18

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 36%

Key countries

US, China, France, UK, and Switzerland

Key companies profiled

AeroVironment Inc., Autel Robotics Co. Ltd., Eachine, EHang Holdings Ltd., GoPro Inc., Guangdong Aircraft Industrial Co. Ltd., Horizon Hobby LLC, Jianjian Technology Co. Ltd., Parrot Drones SAS, PrecisionHawk Inc., Shenzhen Hubsan Technology Co. Ltd., Shenzhen Zero UAV Tech. Co. Ltd., Skydio Inc., Skytech Drone sp zoo, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Walkera, and Yuneec International Co. Ltd.

Market Driver

The global consumer drones market is experiencing significant growth due to increasing demand and new entrants. DJI, a major player, is focusing on advanced, inexpensive drones with technologies like object sensing and path detection. The declining price of electronic components, primarily in China, enables DJI to reduce drone prices, sparking competition. This price war, coupled with rising per capita income, recreational trends, and business opportunities, fuels market growth during the forecast period. 

The consumer drone market is experiencing significant trends, with technological modifications and navigation technologies leading the way. Hobbyists and enthusiasts continue to drive demand for recreational drones, while aerial photography and production patterns shape consumption patterns. The adjacent market, including law enforcement and novel electronics technology, presents revenue growth opportunities. However, the industry faces challenges such as safety concerns, limited battery life, and high initial costs. Regulatory environment plays a crucial role in shaping the market landscape. Innovative features like integrated gas systems and technological breakthroughs in fixed wing drones and hybrid type drones are transforming the industry. Camera drones, selfie drones, toy drones, entry level drones, mid-range drones, and high-end drones cater to various consumer segments. Start-up businesses and drone racing add excitement to the market. However, privacy concerns remain a significant challenge. The market comprises various segments, including toy/hobbyist drones, nano drones, and consumer drone applications. The regulatory environment, safety concerns, and technological advancements require scenario-based analysis and industry interviews to gain a comprehensive understanding of the market. 

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Market Challenges

The consumer drones market faces regulatory challenges due to the various guidelines set by aviation authorities worldwide. For instance, in the US, the Federal Aviation Administration (FAA) requires users to obtain permission before flying near airports and prohibits drones from flying above 400 feet or in clouds. In Hong Kong, the Civil Aviation Department (CAD) mandates keeping drones at least 30 meters from the public and certain structures if they weigh between 250g and 1kg. Similar rules apply in other countries, such as Transport Canada, the Federal Ministry of Transport and Digital Infrastructure in Germany, the Civil Aviation Authority in the UK, the Civil Aviation Safety Authority in Australia, and the DGCA in France. These regulations may limit consumer drone adoption due to the need for specific certifications, qualifications, or modifications, potentially impacting vendors’ financial performance and market positions negatively.The consumer drone market is experiencing significant growth, driven by hobbyists and enthusiasts seeking innovative features for aerial photography and recreational purposes. However, challenges persist, including the risk of mishaps and safety concerns. Technological modifications, such as navigation technologies and advanced speed systems, aim to address these issues. Regulatory environment and limited battery life are other challenges. The market includes various segments, including camera drones, toy drones, recreational drones, selfie drones, entry-level drones, mid-range drones, high-end drones, law enforcement drones, fixed-wing drones, hybrid type drones, nano drones, and drone racing. Start-up businesses and novel electronics technology continue to shape the industry. Scenario-based analysis, industry interviews, and technological breakthroughs provide insights into future trends. Privacy concerns remain a significant issue. The market includes various players, including Technology Hardware and Integrated gas systems, offering innovative solutions. Safety concerns and high initial costs are major challenges for the market.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This consumer drones market report extensively covers market segmentation by  

Product 1.1 Multirotor1.2 Fixed wing1.3 Single rotorDistribution Channel2.1 Offline2.2 OnlineGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Multirotor-  The consumer drones market, specifically multirotor drones, has experienced significant growth due to increasing demand for aerial photography and non-military applications. These drones, which include tricopters, quadcopters, hexacopters, and octocopters, are popular among hobbyists and professionals for tasks such as aerial photography, video surveillance, and surveying. Quadcopters, with their four rotors, are the most widely used multirotor drones, offering more control for users. However, they have limited flying time and are not ideal for long-distance surveying or inspection. Technological advancements have enabled multirotor drones to carry bigger payloads, including cameras, electro-optics, autopilot, GPS/INS, and sense and avoid systems. With the expanding possibilities in consumer and industrial markets, the global consumer drones market is expected to grow steadily during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The consumer drone market is experiencing significant growth, driven by the increasing popularity of these unmanned aerial vehicles (UAVs) for various applications. Fixed wing drones and hybrid type drones are gaining traction in the market due to their longer flight times and increased payload capacity. Toy/hobbyist drones and nano drones continue to dominate the market in terms of sales volume, catering to the needs of hobbyists and enthusiasts. Start-up businesses are also leveraging novel electronics technology to introduce innovative consumer drone products. Consumer drone applications include aerial photography, recreational purposes, and law enforcement. Photogrammetry is another application gaining popularity, particularly in the construction and agriculture industries. However, privacy concerns and the risk of mishaps remain challenges for the market. Technological modifications, such as improved battery life and collision avoidance systems, are being introduced to address these concerns. The market is also witnessing revenue growth through adjacent markets, such as drone racing and production patterns and consumption patterns continue to evolve. Scenario-based analysis suggests that the market will continue to grow, with hybrid drones expected to gain significant market share in the coming years.

Market Research Overview

The consumer drone market is experiencing significant growth, driven by the increasing popularity of these devices for various applications. Fixed wing drones and hybrid type drones are gaining traction in law enforcement and industrial inspections, while toy/hobbyist drones, nano drones, and drone racing continue to dominate the recreational sector. Start-up businesses are leveraging novel electronics technology and innovative features to bring new consumer drone products to market. Photogrammetry and aerial photography are key applications, with revenue growth expected in the adjacent market. However, privacy concerns and the risk of mishaps remain challenges. Technological modifications, including navigation technologies and advanced speed technologies, are addressing safety concerns. Limited battery life and high initial costs are barriers to entry for some consumers. Camera drones, toy drones, recreational drones, selfie drones, entry-level drones, mid-range drones, and high-end drones cater to different segments. Regulatory environment and technological breakthroughs are shaping the industry landscape. Safety concerns and privacy issues are under scrutiny, with safety features and privacy policies becoming essential selling points.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductMultirotorFixed WingSingle RotorDistribution ChannelOfflineOnlineGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Meridian Singapore Immigration Launches New Website to Simplify the PR Application Journey for Foreigners in Singapore

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New online platform provides clear, structured guidance for Employment Pass and S Pass holders navigating Singapore’s residency and Permanent Residency pathways

SINGAPORE, April 30, 2026 /PRNewswire/ — Meridian Singapore Immigration Pte. Ltd. has officially launched its new website at meridianimmigration.sg, a resource built specifically for foreigners living and working in Singapore who are exploring Permanent Residency or long-term residency options.

The platform arrives at a time when Singapore’s expatriate and foreign professional community is growing rapidly, yet many EP and S Pass holders report struggling to find clear, reliable information on the PR application process. Singapore’s immigration framework is among the most structured in Southeast Asia, with eligibility criteria, documentation requirements, and submission windows that change frequently. For individuals navigating this process without professional guidance, the stakes are high and the margin for error is narrow.

Meridian’s website was built to address that gap directly. The platform offers detailed explanations of available immigration pathways, structured consultation options, and educational resources developed by the firm’s team of immigration specialists. Rather than presenting a services catalogue, the site walks users through the considerations relevant to their specific situation, whether they hold an Employment Pass, S Pass, or are planning for their family’s long-term residency in Singapore.

“We built this platform because we saw how overwhelming and confusing the immigration process can be for people who genuinely want to build their lives here,” said a spokesperson for Meridian Singapore Immigration. “Our goal is to be the trusted partner that walks them through every step with clarity and integrity.”

Singapore’s continued attractiveness as a regional hub for multinational corporations, financial institutions, and technology firms means the pipeline of foreigners seeking long-term residency options remains substantial. At the same time, the ICA’s PR application framework has grown more nuanced, with factors such as economic contributions, family ties, and community integration weighed during assessment. Applicants who proceed without a clear understanding of these criteria often submit applications that are either premature or structurally incomplete.

Meridian’s approach centres on preparation and transparency, helping applicants understand where they stand before they apply and what supporting documentation strengthens their case.

Meridian Singapore Immigration Pte. Ltd. is a professional immigration consultancy dedicated to guiding individuals and families through Singapore’s immigration process. Specialising in Permanent Residency (PR) applications, residency pathways, and compliance support, Meridian offers clear, structured solutions tailored to each client’s unique circumstances. Founded on the values of Guidance, Integrity, and Success, Meridian is committed to making immigration simple, transparent, and accessible for everyone. For more information, visit meridianimmigration.sg or contact info@meridianimmigration.sg / +65 8873 1113.

 

View original content:https://www.prnewswire.com/apac/news-releases/meridian-singapore-immigration-launches-new-website-to-simplify-the-pr-application-journey-for-foreigners-in-singapore-302757392.html

SOURCE Meridian Singapore Immigration Pte. Ltd.

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Socomec, Daitron team up to meet Japan’s growing power demands

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TOKYO, April 30, 2026 /PRNewswire/ — Socomec, a century-old electrical group specialising in mission-critical energy, and Japan’s Daitron, an electronics components distributor, have signed a partnership to deliver power conversion solutions and service backup power and electrical-switching systems across Japan.

The deal combines Socomec’s equipment with Daitron’s on-the-ground engineering team, which has more than 74 years of experience in the Japanese market. The two companies will handle everything from project delivery to ongoing maintenance and spare parts.

The partnership covers three product areas: uninterruptible power supplies (UPS), which keep facilities running during outages; power conversion systems, which ensure the availability and continuity of high-quality energy; and static transfer switches, which automatically reroute power loads between sources without interruption.

Beyond equipment sales, the agreement includes training, spare parts, long-term service contracts and a full range of expert services covering prevention, measurement and analysis, consultancy, deployment and optimisation. Socomec will provide product and technical training to Daitron’s team, while Daitron handles installation, servicing and day-to-day client support in Japan.

The target market spans data centres, semiconductor plants, industrial facilities, hospitals and green buildings, all areas where even brief power interruptions can prove costly. Data center demand in particular is surging, driven by the rapid expansion of artificial intelligence infrastructure, with colocation and enterprise facilities among the primary targets.

“Daitron knows the Japanese market inside and out. They have the people, the relationships, and the hands-on experience, and we bring the technology to match,” said Socomec Asia-Pacific CEO O’Niel Dissanayake. “It’s a natural fit, and together we can offer something neither company could deliver alone.”

“Japan’s data centres, chip factories and industrial plants all require power systems they can count on,” said Masaharu Kato, corporate officer of Daitron. “Socomec’s technology is exactly what these customers need, and our job is to make sure it’s installed, maintained and supported properly. That’s what we do best.”

The partnership comes as Japan faces a step change in power demand. Electricity consumption is expected to grow 5.3% over the next decade, driven by data centres and semiconductor factories, according to the country’s grid operator. Industrial energy demand alone is forecast to rise 18.3% over the same period.

That growth is creating strong demand for reliable power infrastructure. Data centres, for example, run around the clock and cannot afford downtime, making backup power and efficient energy management essential. Socomec’s systems are designed to reduce power consumption without sacrificing reliability, a balance that is becoming increasingly important as operators look to manage both costs and environmental commitments.

Both companies say project planning and bids are already underway, with a long-term goal of expanding the partnership’s reach across Japan as demand grows.

About Daitron

Daitron Co., Ltd. is a Japanese engineering and trading company founded in 1952 and headquartered in Osaka. Listed on the Tokyo Stock Exchange (TYO: 7609), Daitron sells and manufactures electronic components, semiconductor processing equipment and power supply systems. The company has more than seven decades of experience serving Japan’s electronics and manufacturing industries.

SOCOMEC: When energy matters

Founded in 1922, SOCOMEC is an independent industrial group of more than 4,800 experts spread across the world in 30 subsidiaries. Our vocation: design, manufacture and sale of electrical equipment, with a strong expertize in critical power applications. In 2025, SOCOMEC achieved a turnover of 997 million euros (not yet audited).

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/socomec-daitron-team-up-to-meet-japans-growing-power-demands-302755570.html

SOURCE Socomec

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Multi-Destination Travel Surges Across Asia-Pacific This Labour Day, Trip.com Group Data Shows

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Multi-city travel across Asia-Pacific grew 35% year-on-yearMulti-city travel outpaces single-destination growth by more than 2xSoutheast Asia sees strong double-digit growth, with Thailand up to 52% YoY

SINGAPORE, April 29, 2026 /CNW/ — Multi-city travel across Asia-Pacific grew 35% year-on-year this Labour Day period, according to data from Trip.com Group. Several Asia-Pacific markets including Japan, South Korea, parts of Southeast Asia and Mainland China celebrate Labour Day, driving strong cross-border and domestic travel flows across the region.

Over 30% of international trips now span multiple destinations, highlighting a continued shift towards more complex, itinerary-led travel. This shift reflects a growing preference to maximise time and value with multiple destinations within a single trip rather than a single location.

Multi-destination trips become a defining travel pattern

While single-destination travel continues to account for most bookings, growth is increasingly driven by more complex itineraries. Multi-destination bookings are growing at more than twice the pace of single-destination travel, reflecting stronger demand for flexibility and deeper exploration.

Travellers are increasingly structuring trips across multiple cities to maximise both time and value, with popular combinations including:

Tokyo – Osaka – Kyoto (Japan)Seoul – Busan (South Korea)Bangkok – Phuket (Thailand)

These itineraries reflect a growing preference for multi-stop journeys that blend urban experiences with leisure destinations.

Southeast Asia sees fast growth in multi-destination travel 

Across Southeast Asia, demand for multi-destination travel is rising steadily, with strong growth across key markets of Thailand: 52%, Malaysia: 40%, and Singapore: 17%, according to Trip.com Group data.

Top outbound destinations across Southeast Asian markets include Japan (Tokyo, Osaka), South Korea (Seoul), China (Shanghai, Beijing), Thailand (Bangkok), Indonesia (Bali).

In other parts of Asia such as Hong Kong SAR, multi-destination travel also grew by over 50% year-on-year, highlighting growing preference for more complex itineraries over traditional single-destination trips, particularly in well-connected urban markets.

In Mainland China, domestic travel remains a strong base, while overseas journeys are increasingly shaped by multi-destination itineraries, with over 40% of outbound trips spanning multiple destinations and continuing to grow.

This suggests that travellers in this region are increasingly combining multiple cities within a single trip, supported by strong regional connectivity.

Japan’s domestic travel momentum on the rise

Japan is also seeing shifts in domestic travel behaviour, even as outbound demand continues to grow.

In Japan, domestic travel is growing rapidly, indicating rising interest in travelling within the country, accounting for one-quarter of all flight bookings, and to cities such as Tokyo, Sapporo and Okinawa.

Intra-Asia travel dominates Labour Day demand

The Labour Day holiday period continues to be driven by regional travel within Asia-Pacific, with travellers favouring destinations that offer ease of access, diverse experiences, and flexible itineraries.

The Group’s data highlights the continued strength of short-haul travel, supported by strong connectivity and shorter flight durations.

More broadly, the way people travel across Asia-Pacific is evolving. Travellers taking a more deliberate approach to how they plan their trips. While cross-border journeys are increasingly shaped by multi-city itineraries, domestic travel remains a strong and steady part of the landscape. Together, these patterns point to a more flexible and value-conscious mindset, as travellers look to make the most of both time and budget.

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.

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SOURCE Trip.com Group

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