Therefore, without a doubt DJI has a monopoly in the drone industry. With all of these in mind DJI is considered to be the top dog of drones. Other drone manufacturers include Holy Stone and ZLRC. In return, it would force DJI to increase supply of the drone to meet demand.ĭJI is loved for the quality of its product and some could argue the substantial market share is very well justified. Not to take the attention away from DJI, these other drones that make up 23% and should not be dismissed. If there were other strong players in the industry, those competitors would have seized the opportunity to capitalise on this opportunity. DJIs share of commercial market has fallen after Donald Trump placed it on entities list. Shortage of supply for drone releases such as the DJI Mavic Mini and Mavic Air are some of the tactics that can help drive up demand. The global commercial drone market growth was valued at USD 8.77 billion in 2022 and is projected to grow from USD 10.98 billion in 2023 to USD 54.81 billion by 2030, exhibiting a CAGR of 25.82 during the forecast period. This is clearly evident with high prices for the DJI drones. Buy DJI Mini 2 Ultralight and Foldable Drone Quadcopter, 3-Axis Gimbal with 4K Camera, 12MP Photo, 31 Mins Flight Time, OcuSync 2. ![]() A monopolistic company can create problems such as a lack of choice and unfair prices to consumers. If you are still unsure whether DJI is a monopoly, you should definitely continue to read. Our Ronin camera stabilizers and Inspire drones are professional cinematography tools. Handheld products like DJI OM 5 and DJI Pocket 2 capture smooth photo and video. Learn about our consumer drones like DJI Mavic 3 Classic, DJI Mini 3 Pro, DJI Air 2S. In partnership with ChartIQ Data Disclaimer At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage. I want high quality yet affordable, fitting a price range between 800 - 1,300 USD. DJI technology empowers us to see the future of possible. In the UK, a company with over 25% of its industry's market share is considered a monopoly because of its influence on price, productive inefficiency and ability to manipulate the markets. I prefer to share content directly or use quick editing software/apps. ![]() Hobbyists, photographers and filmmakers adore DJI for providing easy to fly drones that can capture amazing footage. You do not have to break the bank to own a drone! There are other drone manufacturers that provide quality drones at cheap prices. DJI!!! The reason for this is because DJI has a monopoly with 77% of the US drone market share.ĭJI drones are not cheap, so there is a general misconception that your first drone has to be expensive. A quick Google search into drones will return one brand name that dominates the results. As drones continue to gain recognition and become a norm in our society, there is always a debate on how much you should spend on your first drone.
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