Global UAV camera gimbal market was valued at 715 Million US$ in 2018 and is projected to reach 1388 Million US$ by 2024
Tuesday, 09 Aug, 2022
UAV camera gimbal is a kind of device used for drone camera. It revolves the camera when it works, it is an installation platform consisting of two AC or DC motors that can move horizontally and vertically.

Global UAV camera gimbal market was valued at 715 Million US$ in 2018 and is projected to reach 1388 Million US$ by 2024, at a CAGR of 11.7% during the forecast period, UAV camera gimbals industry downstream industry is commercial & military drone industry. So, the macro-economy of the commercial & military drone industry is important.

The UAV market has entered the growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 16.53 billion in 2022, at a CAGR of 12% between 2019 and 2022. The global commercial drone market is set to reach $5.2 billion by 2022. The main restraint for this market is social issues such as privacy and nuisance concerns. The drivers for this market are rapid technological advancements in drones and the growing demand for drone-generated data in commercial applications. The main restraint for this market is social issues such as privacy and nuisance concerns. Camera systems are used in UAVs for round-the-clock video monitoring, investigation, remote surveillance, border security, protection of critical infrastructure, thermo graphic inspection of inaccessible buildings, and firefighting & law enforcement jobs. With the expanding downstream industries, the UAV camera gimbals industry can get a brighter future.

Key players in global UAV camera gimbal market include: UAV Vision, DJI, ZEROTECH, Yuneec, WEWOW, Hawkvine, Ukrspecsystems, EHang, Wuhan JOHO Technology etc.