Pocket Drones Market

Pocket Drones Market Outlook (2023-2033)

The global pocket drone market will reach a valuation of US$ 1,795.4 million in 2023 and expected to progress at a CAGR of 18.6% to reach US$ 9,885.6 million by the end of 2033.

In 2023, the global drone market is estimated to be valued around US$ 33,900 million, while the drone market is projected to grow at 17.6% CAGR. Small drone market was valued around US$ 4,348.7 million in 2022, capturing 15.3% market share of overall drone market. Sales of pocket drone accounted for nearly 34% share of the global small drones market at the end of 2022.

Report Attributes	Details
Market Size (2022A)	US$ 1,461.1 million
Estimated Market Value (2023E)	US$ 1,795.4 million
Forecasted Market Value (2033F)	US$ 9,885.6 million
Global Market Growth Rate (2023-2033)	18.6% CAGR
North America Market Share (2023)	30.1%
North America Market Value (2023)	US$ 540.6 million
Europe Market Share (2023)	35.4%
Europe Market Value (2023)	US$ 635.7 million
China Market Share (2023)	11.8%
China Market Value (2023)	US$ 212.4 million
Market Share of Top 3 Countries	41.4%
Key Companies Profiled	Odyssey Toys Eachine DJI Holy Stone Potensic Drocon Neheme JJRC 4DRC EXO

Sales Analysis of Pocket Drone (2018-2022) Vs. Market Outlook (2023-2033)

The other name for pocket drones are mini or nano drones, except from recreational purpose the pocket drone or mini drone have been created for civil security, mapping, civil reconnaissance, survey and monitoring, photography etc.

The worldwide UAV drone market is being driven by the continuously rising demand for commercial applications. Additionally, it is anticipated that the ability to do dangerous tasks such as inspecting utility pipelines more accurately and effectively than with conventional techniques will increase demand in the commercial sectors and promote market growth.

As a result of a significant rise in air traffic over the assessment period, there has been a steadily growing demand for pocket drones and autonomous aerial vehicles in relation to a number of applications across numerous sectors. There will be more conventional aircraft available as a result of changing customer preferences and rising disposable money, which is projected to fuel the growth of the pocket drone market over the course of the research period.

Drones' ability to fly, carry an object, and be programmed to perform a wide range of functions has made this technology extremely beneficial in many different ways. Drones are beneficial to people, corporations, and government agencies.

• Short Term (2023 to 2026): The pocket drone industry is expected to grow as a result of technological developments. The pocket drone market is seen as the key investment area due to the rising recreational activities.
• Medium Term (2026-2029): Uncountable technological advancements are being backed by both developed and developing countries, United States and Israel being under spotlight as the countries are leading players in production of drone.
• Long Term (2029-2033): In developing countries the demand for pocket drone camera is expected to grow due to the rising disposable income.

From 2018 to 2022, the global market for pocket drone registered a CAGR of 12.6% Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 18.6% CAGR between 2023 and 2033.

Market share analysis of pocket drone based on gyro stabilization and region is provided in the above image. Under the gyro stabilization segment, the 3-axis sub-segment dominates with 38.7% market share in 2023.

What’s Driving High Demand for Pocket Drone across Regions?

“The Increasing Media and Entertainment Industry Will Surge the Demand for Pocket Drones”

Entertainment & media industry continues to have significant growth in the forecast period. As criteria move from subscriber counts to lifetime customer value and existing business models are expanded to discover greater profitability in the face of international competition, we will see the streaming video industry mature.

Drones have repeatedly demonstrated their value to the photography sector by providing fresh viewpoints and technological advancements when documenting the world. Aerial photography and data collection have grown more dependable and simple as a result of advancements in drone technology. Photographers all around the world are using drones more and more to snap stunning aerial photos as well as difficult-to-take pictures.

Data collection is made easier with the use of drone technology. Drones have become more common because they free data collection from the limitations of physical capabilities. Drones are now even connected to cloud computing for the purpose of data collection and processing. The expanding digital transformation has also increased the demand for drones.

“Lightweight and Small Drone Accessories the Way Ahead”

The most vital features of a drone are its size, weight, and attachments. There are differences between small and large, or light and heavy, drones in different countries. For instance, the Dutch Human Transport and Environment Inspectorate makes the distinction between heavy and light drones. Large drones weigh more than 150 kg, while light drones are lighter than 150 kg.

The current focus of drone and accessory development is on producing lighter and more compact drone parts for the general public. Therefore, the compact size drones will have significant demand in the forecast year.

What Do Pocket Drone Manufacturer Need to Watch Out for?

“Due to Stringent Regulations of Government Is Restricting the New Entrants”

Regional governments have a range of regulations and licenses pertaining to pocket drones and flying vehicles. Governments all across the world have taken action to safeguard citizens' privacy, which may be a factor in the growth of the pocket drone market.

Global demand for pocket drones tends to decline as a result of increased regulation and stricter certification requirements. More infrastructure is required for this service because the pocket drone industry is pricey. To monitor and manage air traffic, sophisticated infrastructure such as radars and navigation systems are frequently utilized.

Country-wise Insights

How pocket drone market is skyrocketing in United States?

The market for drones in the United States is estimated to be worth US$1.22 billion at the end of 2022 and is projected to grow to US$1.40 billion by the end of 2027. In addition, the US produces the highest drone cameras. The registered number of drones in the United States is 865,505, according to the Federal Aviation Administration.

The North American region, particularly the United States, has the most potential for growth in the pocket drone market business due to the extensive use of drones and autonomous aerial vehicles. The usage of drones is being promoted by the US defense department, which has increased demand for drone systems in the coming years. Thus, United States pocket drone market is expected to reach US$ 478.9 million by 2023 and expected to reach CAGR 15.5% in the forecast years.

Why is the China Pocket Drone Market Expected to Be Highly Lucrative?

The drone market in China is expanding. The nation is the second-largest drone market in the world, and in 2024, it's anticipated that it will surpass the other market leader. The drone market in China is expected to be worth more than US$ 24 Billion in 2025, but it is no longer expected to be a lucrative industry.

Drones assist China's efforts to broaden automation across a variety of industries by significantly lowering resource and time consumption and raising production and efficiency. Due to its dense population, China in particular is adopting drones more and more to develop its next-generation logistics infrastructure.

However, the pocket drone market in East Asia is anticipated to expand with a CAGR of 19.7% throughout the anticipated time frame. Due to its advantage in terms of infrastructure development and technical improvement, China is most likely to drive the growth of the unmanned ariel vehicle market.

Category-wise Insights

Which battery is expected to surge the market?

Globally the demand for higher capacity battery pocket drones are increasing due to the longer performance. It will undoubtedly enable you to draw the same current for longer, which should extend the flying time proportionately. Some drones optimize the motor size and cooling around the battery life to reduce weight. You face the risk of overheating if you use them longer than planned.

Due to their high energy density relative to their size and weight and greater voltage per cell, lithium polymer (LiPo) batteries are among the most popular battery types used for drones. As a result, they can power the drone's on-board electronics with fewer cells than other rechargeable batteries.

Which sales channel is estimated to support market growth in the pocket drone market during the forecast period?

The offline sales channel sales channel of the pocket drone is expected to increase in the pocket drone market. Because the end users like to check the quality of the drone apart from the pocket drones are actually compact size or not, and is it easy to carry from one place to other place.

Therefore, the offline sales channel will be highly fragmented in the assessment years and contribute the market share of 76.9% in the end of 2023 and expected market value will US$ 1,379.9 million by the end of 2023.

Competitive Landscape

All the industry leader in automotive are making their own strategy to stand out from other competitors in the pocket drone market. The brands like Odyssey Toys, Eachine, DJI, Holy Stone, Potensic, Drocon, Neheme, JJRC, 4DRC, EXO and others other leading players have rolled up their sleeves to enter the market and make their brand presence in the segment.

The global pocket drone market is differentiated, with many large and small market players. Therefore, in order to survive and thrive in such a competitive environment, manufacturers must differentiate their products with technologically advanced and unique products. This competitive environment can also lead to lower product prices to maintain market positions, which can adversely affect manufacturers' profit margins.

Fact.MR has provided detailed information about the price points of key manufacturers of pocket drone positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Pocket Drone Industry Research

• By Battery :

  • 220 mAh
  • 350 mAh
  • 500 mAh

• By Gyro Stabilization :

  • 2-axis
  • 3-axis
  • 6 axis

• By Sales Channel :

  • Online Sales
    • Direct to customer
    • Third Party Online
  • Offline Sales
    • Modern Trade Channels
    • Electronic Stores
      • Franchised Store
      • Independent Stores
    • Others

• By Region :

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