Drone Accessories Market

Drone Accessories Market Outlook (2024 to 2034)

Worldwide revenue from the sales of drone accessories is evaluated at US$ 25.2 billion for 2024 and is projected to rise at a CAGR of 20% to reach US$ 156 billion by the end of 2034.

Drone accessories work to serve several purposes, such as improving flight performance, capturing enhanced aerial footage, ensuring device safety, and even customizing the drone for specific tasks.

Some of the most common drone accessories include additional batteries, propellers, camera mounts, GPS modules, landing gear, carrying cases, and specialized sensors. The rapidly evolving drone market is driving the need for diverse and advanced accessories to cater to different end-user needs and applications.

Looking at the beneficial uses of drones has compelled countries across the world to formulate favorable regulations for drone equipment. The industry is gaining pace across the world, leading to an increase in the sales of drone accessories and kits as well.

Accelerating the use of drones is projected to provide a thrust to drone accessories market growth, especially in East Asia.

• The East Asia drone accessories market size is forecasted to reach US$ 40.6 billion by 2034.

North America has seen widespread adoption of drone technology across various industries, including agriculture, construction, photography, and surveillance. As more drones are utilized for different purposes, the demand for compatible accessories is expected to boost in the North American region.

• Fact.MR, a market research and competitive intelligence provider estimates that North America is estimated to hold 33% of the global drone accessories market share in 2024.

Report Attributes	Details
Drone Accessories Market Size (2024E)	US$ 25.2 Billion
Forecasted Market Value (2034F)	US$ 156 Billion
Global Market Growth Rate (2024 to 2034)	20% CAGR
South Korea Market Value (2024E)	US$ 1.3 Billion
Military Drone Accessory Demand Growth (2024 to 2034)	23% CAGR
Key Companies Profiled	Eagle Pro Anbee DEERC Homga Arzroic Autel Robotics Fat Shark TransDigm Group. Lekufee Lowepro Hoodman Roadstar Trendy Apparel Shop Pelco Skydio Top Race United Technologies Venom Power Hooshion InvenSense Inc. IXYS Corp.

How is the Market for Drone Accessories Shaping Up?

“Surging Drone Industry Driving Need for Smart Drone Accessories”

Government agencies are the early customers of drones, and this is paving the way for the drone accessories sales growth, such as drone motors, drone batteries, etc. The enterprise drone is the fastest-growing segment of the overall drone industry. The segment comprises drone software, hardware, services, and accessories for industrial and commercial applications.

Agriculture, building inspection, construction, and security & law enforcement are the top areas where drones are widely used. Thus, these segments are significantly contributing to the sales of drone accessories. However, the use of drones in the delivery and logistics sectors is expected to increase significantly over the next 10 years, simultaneously increasing sales of drone accessories. Technological advancements and government-funded R&D are likely to spawn more capable commercial drone technologies that will accelerate adoption in other sectors as well.

“Growing Demand for Drones in Professional Photography, Cinematography, and Surveying Driving Need for Advanced Imaging Accessories”

Growing demand for high-quality sky imaging is fueling the development of advanced camera accessories. As drones are becoming increasingly integrated into various sectors, ranging from entertainment to industrial applications, the need for sophisticated imaging capabilities is increasing. This trend is particularly evident in the areas of professional photography, cinematography, and surveying, where the quality and precision of aerial imagery are of paramount importance.

Filmmakers and content creators are leveraging drone technology to capture breath-taking aerial shots that were previously challenging or impossible to achieve. As a result, the market is witnessing a surge in the development of specialized camera accessories such as gimbals, which play a crucial role in stabilizing the camera and ensuring smooth, jitter-free footage even in challenging flying conditions.

“Increasing Demand for Advanced Drone Accessories to Enhance Flight Duration and Overall Performance”

Rising demand for accessories that enhance drone flight duration and overall performance are significant drone accessories market trends. As drones continue to find applications across various sectors, from recreational use to professional endeavors, users are seeking ways to optimize their drone's capabilities for longer flight times and improved performance. This trend is driving the sales of accessories that are designed to address these specific needs, such as more efficient batteries, advanced power management systems, and materials that are light weight.

Longer flight durations lead to more extensive coverage of areas, higher amounts of data collection, and improved operational efficiency. To meet this demand, manufacturers are developing high-capacity drone batteries that can facilitate extended flight durations without compromising on safety or performance aspects.

What Issues are Plaguing Manufacturers of Drone Accessories?

“Challenges Stemming from Stringent Regulations in Certain Regions”

Despite the overall regulatory support for the drone industry, stringent regulations in certain regions present challenges to the drone accessories market growth. The regulatory landscape governing drones varies globally, and while many countries have recognized the potential benefits of drone technology, concerns related to safety, security, and privacy are leading to the implementation of strict rules and regulations.

Different countries and regions have distinct sets of rules governing drone operations, airspace restrictions, and safety standards. For manufacturers of accessories such as batteries, gimbals, and other components, ensuring compliance with these regulations is essential to bringing their products to market. Navigating these regulatory frameworks are posing challenges for manufacturers of drone accessories.

How are Startups Expected to Fare in This Market?

“Focus on Identifying Niche Opportunities and Production of Advanced Accessories”

New companies should focus on identifying niche market opportunities or specific industry needs that are not adequately addressed by existing accessories. By developing innovative solutions that cater to these niches, new companies can differentiate themselves from the competition and gain a foothold in the market.

Developing cutting-edge technologies and focusing on innovation is crucial. New manufacturers need to invest in research and development activities to produce accessories with advanced features, such as AI-powered capabilities, improved sensors, and autonomous functionalities.

Country-wise Analysis

What’s Driving Sales of Drone Accessories in the United States?

“Rising Commercial Applications of Drones Boosting Need for Advanced Drone Accessories”

Attribute	United States
Market Value (2024E)	US$ 3.7 Billion
Growth Rate (2024 to 2034)	19.7% CAGR
Projected Value (2034F)	US$ 22.4 Billion

The United States has been seeing a significant increase in the use of commercial drones across sectors, such as agriculture, construction, and infrastructure inspection. This surge in commercial applications is driving demand for specialized accessories such as advanced imaging systems, surveying tools, and precision navigation systems in the country.

What is the Sales Outlook for Drone Accessories in Germany?

“Increasing Use of Industrial Drones Fuelling Demand for Specialized Drone Accessories”

Germany's strong industrial base and focus on manufacturing are contributing to a growing demand for drones in industrial applications. Accessories catering to sectors such as manufacturing, logistics, and inspection, such as robust payload systems, efficient batteries, and precision sensors, are exhibiting increasing demand.

How Fast are Sales of Drone Accessories Projected to Rise in Japan?

“Japan Being Early Adopter Witnessing Increasing Use of Technologically Advanced Drone Accessories”

Attribute	Japan
Market Value (2024E)	US$ 1.7 Billion
Growth Rate (2024 to 2034)	21.4% CAGR
Projected Value (2034F)	US$ 11.9 Billion

Japan has a history of embracing technological advancements, and drones are no exception. The rapid adoption of advanced drones in various industries, including agriculture, disaster response, and logistics, is boosting the demand for accessories that enhance drone capabilities, such as efficient batteries, payload systems, and navigation tools.

Category-wise Analysis

Why are Commercial Drone Accessories Most Widely Demanded?

“Specialized Applications of Commercial Drones Increasing Demand for Advanced Accessories”

Attribute	Commercial Drone Accessories
Segment Value (2024E)	US$ 13.1 Billion
Growth Rate (2024 to 2034)	18.3% CAGR
Projected Value (2034F)	US$ 70.2 Billion

Sales of commercial drone accessories are uplifting for several reasons, reflecting the growing adoption and integration of drones into various industries. The demand for these accessories is driven by the unique requirements and challenges faced by businesses and professionals utilizing drones for commercial purposes.

Commercial drones are employed in a wide range of specialized applications, including surveying, mapping, agriculture, construction, infrastructure inspection, and filmmaking. Each application demands specific accessories tailored to enhance drone capabilities for optimal performance in diverse operational environments.

High-quality cameras, sensors, gimbals, and navigation systems enable professionals to capture precise data, conduct detailed inspections, and produce accurate results, contributing to the increasing adoption of these accessories.

Why is Need for Drone Accessories High in the Delivery and Logistics Industry?

“Growing Need for Advanced Drone Accessories to Enhance Efficiency of Delivery Management”

Attribute	Delivery and Logistics
Segment Value (2024E)	US$ 4.5 Billion
Growth Rate (2024 to 2034)	22.4% CAGR
Projected Value (2034F)	US$ 34.3 Billion

Accessories such as payload systems and cargo mounts allow the drones to carry and deliver packages efficiently. These accessories are designed to securely transport various types of cargo, contributing to faster and more reliable last-mile delivery solutions.

The delivery and logistics industry also benefits from drone accessories that have better battery technology and power management systems. Efficient batteries and power systems allow for extended flight durations, thereby facilitating the drones to cover longer distances and finish more deliveries on a single charge.

Competitive Landscape

Key players in the drone accessories industry are focusing on consistent innovation of product designs to meet various needs and challenges across the world. Top manufacturers are following a competitive pricing strategy in the drone accessories industry. Leading companies are also entering into partnerships and collaborations with respective governments as well as end-use industries to drive profits.

Owing to the high demand for modern drone accessories, market players are expanding their product offerings. They are also focusing on R&D and channeling their resources while trying to expand their regional bases.

• In the year 2021, KULR revealed its latest product line featuring high-capacity lithium battery packs designed for use in the development of commercial drones.

Key Segments of Drone Accessories Market Research

• By Accessory Type :

  • Commercial Drones
  • Consumer Drones
  • Military Drones

• By Application :

  • Agriculture & Forestry
  • Delivery & Logistics
  • Media & Entertainment
  • Construction & Mining
  • Oil and Gas
  • Security & Law Enforcement
  • Recreational Activities
  • Others

• By Sales Channel :

  • OEMs
  • Aftermarket

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa