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Consumer drone market estimated to reach $1 billion by 2018

The consumer drone market is estimated to be worth $1 billion by 2018, as more first-time operators take to the skies
By: Michael Hatamoto | Drones News | Posted: Jan 6, 2015 4:58 am

The consumer drone market is increasing in popularity, and is forecasted to reach $130 million in 2015 - and could surpass $1 billion by 2018, according to the Consumer Electronics Association (CEA).




There are regulatory and environmental concerns related to commercial drones, with more focus on possible safety problems related to consumer use. Prices continue to fall at a fast pace, and interested buyers have a growing selection of possible products to purchase.


The Federal Aviation Administration (FAA) is still trying to sort out consumer and commercial drone use, a growing necessity with so many private operators and corporations embracing drone use.


Consumer drones are expected to have a major presence during CES 2015, which begins later today from Las Vegas, Nevada. There could be upwards of 100 different consumer drones unveiled and launched during CES.


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