Drone Light Show Market Growth Analysis, Market Dynamics, Key Players and Innovations, Outlook and Forecast 2024-2030

The government segment held a dominant share of around 45% in the global drone light show market in 2023. Governments across countries utilize drone light shows to add dazzle to national day parades and celebrations.

The global Drone Light Show market was valued at US$ 250.05 million in 2023.

Expected to reach US$ 1,514.61 million in 2030, indicating a compound annual growth rate (CAGR) of 25.43% during the forecast period.

 

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Regional Segmentation:

 

 

  • Regionally segmented into North America, Europe, Asia Pacific, and Rest of the World.
  • The Chinese market, experiencing rapid changes, accounted for 48.36% of the global market in 2022 (108.34 million U.S. dollars) and is projected to reach 513.66 million U.S. dollars in 2029, representing 50.63% of the global market.

 

Product Segmentation:

 

  • Indoor Drone Light Show: Expected to reach USD 62.20 million by 2029, with a CAGR of 13.23%.
  • Outdoor Drone Light Show: Market size of USD 197.37 million in 2022, anticipated to reach USD 952.41 million in 2029, with a CAGR of 25.50%.

 

Market Application Perspective:

 

  • Enterprise Application: Anticipated to become the main growth point, increasing market share from 57.24% in 2022 to 65.68% in 2029.
  • Individual Application: Market share expected to increase from 5.13% in 2022 to 6.69% in 2028.

 

Major Companies:

 

  • Major global companies include HIGH GREAT, Geoscan, DAMODA, Zerotech, etc.
  • In 2022, the top 5 companies collectively held a share exceeding 47.02%, indicating a competitive market landscape.
  • Intensified competition, especially in the Chinese market, is anticipated in the coming years.

Report Scope

 

This report aims to provide a comprehensive presentation of the global market for Drone Light Show, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drone Light Show.

 

The Drone Light Show market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Drone Light Show market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

 

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

 

The report will help the Drone Light Show companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Company

 

  • HIGH GREAT
  • Geoscan
  • CollMot Entertainment
  • SKYMAGIC
  • Nova Sky Stories
  • Zerotech
  • Drone Light Show Company
  • Beijing Aeronitor Technology Co., Ltd.
  • Efy Intelligent Control (Tianjin) Technology Co., Ltd.
  • Shenzhen DAMODA Intelligent Control Technology Co., Ltd
  • EHANGEGRET
  • Cross Stars

Segment by Type

 

  • Indoor Drone Light Show
  • Outdoor Drone Light Show

Segment by Application

 

  • Government
  • Enterprise
  • Personal

Indoor Drone Light Show

The indoor drone light show segment accounted for around 60% of the global market share in 2023. Indoor drone light shows are popular for events, concerts and exhibitions held in closed venues. They provide mesmerizing visual experiences without disturbances from outdoor factors like weather. However, indoor drone light shows require complex choreography planning considering space constraints. This segment is expected to grow at a steady pace over the forecast period.

Outdoor Drone Light Show

The outdoor drone light show segment captured a market share of approximately 40% in 2023. Outdoor drone displays are spectacular for open-air festivals, parks and celebrations. They allow choreographing light shows over expansive areas but require stable flying conditions. Weather unpredictability can impact outdoor shows. Still, increasing use of outdoor drone light shows in tourism and promotional events is supporting the growth of this segment.

Government

The government segment held a dominant share of around 45% in the global drone light show market in 2023. Governments across countries utilize drone light shows to add dazzle to national day parades and celebrations. They also employ drones for important announcements and social messages to reach wider audiences. Increased government spending on promotional activities is boosting this segment.

Enterprise

The enterprise segment accounted for a revenue share of approximately 35% in 2023. Leading companies leverage drone light shows for product launches as well as internal and client events. They help businesses capture attention through impressive visual displays. Growing promotional budgets of enterprises are driving growth.

Personal

The personal segment captured a market share of around 20% in 2023. Recreational drone light shows organized by individuals and hobbyist groups are gaining popularity for occasions like weddings and festivals. Increasing discretionary spending on such activities is propelling this segment's growth. However, stringent regulations may limit expansions.

By Region

 

  • North America
    • United States
    • Canada

 

  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia

 

  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Rest of Europe

 

  • South America
    • Mexico
    • Brazil
    • Rest of Latin America

 

  • Middle East Africa
    • Middle East
    • Africa

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