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Global Drone Accessories Market Is Top US$ 115 Billion By 2032

Drone Accessories Market Outlook (2022-2032)

Demand for drone accessories across the world stood at around US$ 15 billion in 2021, accounting for 53.2% share of the global drone market in terms of value.

The global drone accessories market is currently valued at US$ 17.5 billion and is set to top US$ 115 billion by 2032, expanding at an astonishing CAGR of around 20.7% from 2022 to 2032.

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Key Segments of Drone Accessories Industry Survey

Competitive Landscape

Top manufacturers of drone accessories are focusing on consistent innovation of product designs to meet various needs and challenges across the world.

Prominent market players are following a competitive pricing strategy in the drone accessories market. Companies are entering into partnerships and collaborations with governments as well as end-use industries to drive profits.

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

  • In Dec. 2021, DJI launched a new agriculture drone under its crop surveillance & protection series – DJI AGRAS T20. This drone is equipped with eight nozzles and high-volume pumps that can spray six l/min and can carry a payload of 20 kg.

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