DRONE MARKET SHARE ANALYSIS & PREDICTIONS FOR 2018 – DJI DOMINATES, PARROT AND YUNEEC SLOWLY CATCHING UP http://www.dronesglobe.com/news/drone-market-share-analysis-predictions-2018/ Drone market today is largely dominated by one manufacturer, DJI. Drones from DJI are so popular that it isn’t so uncommon for production lines to fail to keep up with demand when a new drone is released, like it was the case with Mavic Pro. Months after Mavics’ release many enthusiasts were still waiting to get their hands on one. For this reason, when talking about market shares you’re going to have to mention DJI a lot. They hold a good chunk of the market in the mid to high end drone segment, and manufactures like Parrot and Yuneec have only just now started making dents in DJIs market share. TOTAL GLOBAL DRONE SHIPMENTS – FUTURE GROWTH OF THE DRONE INDUSTRY AND PREVIOUS YEARS COMPARISON To find out about the growth of the drone industry over the last few years the best statistic to look at are drone shipments, year-to-year. Chart above, courtesy of Business Insider, does exactly that. Note that these numbers include both hobbyist (like toy and photography) and professional grade drones (used in military, industries, etc). Biggest jump in drone shipments in the recent years happened in 2014, going on 2015. Number of drone shipments doubled, and things have sort of died down since then. In 2016 there was 7 million drone shipments, only 1 million more than in 2015. Production has ramped up this year and there’s going to be an expected 10 million new drones shipped in 2017, about 40% increase compared to previous year. Predictions for the future in the chart above show that things are looking very bright for the drone industry. By 2021 the number of drone shipments is set to quadruple, to 29 million drones shipped globally. Smaller drone manufacturers might sell more drones, but these include toy drones sales that cost less than $100. Profit margins on that are peanuts compared to making a sale of a $4000 professional drone. Even though DJI has around 1500 people employed in the research and development, having just one manufacturer hold that much market is never good for the consumers. We need more drone manufacturers to be competition to keep DJI in check. Without competition they will stale progress and keep prices high making high quality drones a thing that only enthusiasts can afford. They for example already became sloppy when it comes to user data security. I personally plan on supporting Parrot with my next drone purchase. Bebop 2 looks awesome, although camera could be better. What do you think, do we need more competition in the drone industry? Leave a comment down below and let us know what your opinion is. ---------------------------------------- DJI is really an amazing company, never seen such Chinese company would dominate one hi tech field with such advantage. Mostly, it benefits the strong supply chain in Shenzhen and Canton province, plus the real power of China's manufacture.