Covid-19 Impact On Toy Drone Market Forecast By Application, Trends With Global Analysis And Forecast Of 2019-2023

0
0

Market Highlights

The growth of the global Toy Drones market can be attributed to the increasing adoption of 3D printing for manufacturing drone parts and rising use of advanced drone cameras for various activities such as wildlife monitoring and hunting. However, stringent government regulations regarding drone use and the limited flight range and endurance of Toy Drones may hinder market growth. For example, in the US, a remote pilot license from the Federal Aviation Administration (FAA) is required to fly drones for recreational purposes.

The global Toy Drones market has been segmented based on type, application, sales channel, and region.

On the basis of type, the global Toy Drones market has been divided into quadcopters and others. The quadcopters segment is expected to account for the larger market share and register the higher CAGR during the forecast period of 2019 to 2028. A quadcopter is a type of rotary drone that is lifted and propelled by four rotors. Two propellers spin clockwise, while the other two spin counterclockwise, which helps the drone achieve flight. The four rotors of a quadcopter offer high lifting power and vertical take-off and landing.

Browse More Information On Report at: https://www.marketresearchfuture.com/reports/toy-drones-market-7646

Based on application, the global Toy Drones market has been classified as recreational photography and videography, drone racing and sports, and others. The recreational photography and videography segment dominated the market in 2018 and is expected to be the fastest-growing during the forecast period. Toy Droness offer capabilities such as real-time color or infrared imagery and external first-person view (FPV) cameras that enable users to receive real-time images and videos of enhanced quality. Additionally, these drones offer compatibility with smartphones, which enable users to receive and view the images on their phones.

On the basis of sales channel, the global Toy Drones market has been categorized as distribution channel and direct channel. The distribution channel segment dominated the market in 2018 and is expected to register the higher CAGR during the forecast period. Post-sale services such as repair and maintenance and customizations offered by distributors are boosting the growth of the segment.

Based on region, the global Toy Drones market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America accounted for the highest market share in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR during the forecast period. The presence of various Toy Drones manufacturers such as DJI, Syma, and Horizon Hobby LLC in China are propelling market growth in the region. Additionally, the rising adoption of drones by governments in countries such as India for military purposes is also boosting market growth.

Key Players

The key players in the global Toy Drones market are DJI (China), AeroVironment, Inc. (US), Parrot Drones SAS (France), Jianjian Technology Co., Ltd (China), Skyrocket LLC (US), Syma (China), Guangdong Cheerson Hobby Technology Co., Ltd (China), Horizon Hobby LLC (US), Udirc Technology Co., Ltd (China), Aerix Drones (US), TRNDlabs (China), Drona Aviation Pvt. Ltd (India), Shenzhen Hubsan Technology Company Limited (China), Extreme Fliers (UK), Weili Toys (China), and XK Industrial Co., Ltd (China).

 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.