liabilities regarding drone use in crowded spaces . Skilled drone operator shortage , privacy & safety concerns , and lack of adequate evidence supporting capabilities of drones is expected to restrain consumer drone market growth during forecast period . Maintenance and repair complexities and privacy concerns are expected to challenge market growth .
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Consumer drone market is segmented on the basis of type of products and applications . Based on type of product , consumer drones are classified as nano , multi-rotor , hybrid , and fixed-wing . Multi-rotor drones are expected to dominate market during forecast period , due to increasing use in FPV racing and aerial photography . Nano drones are anticipated to witness significant growth , owing to their cost-effective operations . Fixed-wing type is increasingly used in FPV racing . Their simple design with fixed wing across the top improves flight and speed distance . These are being deployed for coverage of large areas , such as mapping and aerial surveillance . Hybrid drones operating on solar power are used in various applications such as surveillance and mapping .
Based on applications , consumer drone market is segmented as toy / hobbyist , prosumer , and photogrammetry . Prosumer is expected to dominate the applications segment during period under study . Demand for drones in photogrammetry application segment is projected to increase significantly . Small low elevation drones offer advantage over aerial technology for photogrammetry . The consumer drone market is expected to gain momentum in hobby applications , particularly sports . DR1 Racing and Mountain Dew organized drone race in August 2016 . The event used 12 of the world ' s top drone-racing pilots .
Asia Pacific consumer drone market is anticipated to witness substantial growth , owing to investment initiatives in China drone companies by U . S . investors . Additionally , strategies to build UAV production base in China to tap into developing industry is expected to surge industry growth
Some of the key consumer drone market players include Parrot , Yuneec Electric Aviation , DJI Innovations , 3D Robotics , Cheerson , Walkera , SkyTech , Boeing / Insitu , Hubsan , Northrop Grumman AeroVironment , Syms Toys , WL Toys , and Blade / Horizon Hobby . These players focus on new product development to integrate with technologies such as artificial intelligence and advanced positioning systems to make drones more powerful . For instance , renovation of consumer UAVs into flying smart devices platforms . These developments in the market are expected to increase product value , retain consumers ' interest longer , and expand product lifespan .
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