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Consumer (Recreational) Drones Global
Market Report 2020 is the most comprehensive report available on this market
and will help gain a truly global perspective as it covers 60 geographies. The
chapter on the impact of COVID-19 gives valuable insights on supply chain
disruptions, logistical challenges, and other economic implications of the
virus on the market. The chapter also covers markets which have been positively
affected by the pandemic.
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The global consumer drones’ market is
expected to decline from $2.47 billion in 2019 to $2.33 billion in 2020 at a
compound annual growth rate (CAGR) of -5.60%. The decline is mainly due to the
COVID-19 outbreak that has led to restrictive containment measures involving
social distancing, remote working, and the closure of industries and other
commercial activities. The entire supply chain has been disrupted, impacting
the market negatively. The market is then expected to recover and reach $3.27
billion in 2023 at CAGR of 12.00%.
The report covers the Consumer
(Recreational) Drones market’s segments-
1) By Type: Fixed Wing Drone, Rotary Blade
Drone, Hybrid Drone.
2) By Technology: Remotely Operated Drone,
Semi-Autonomous Drone, Autonomous Drone.
3) By Application: Hobbyist & Gaming,
Aerial Photography, Others.
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