Market Overview
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.
Get Free Sample Copy of “Toy Drones Market ” @
https://www.marketresearchfuture.com/sample_request/7646
Competitive Landscape
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)
Market Segmentation
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.
Access Full Report Details and Order this Premium Report @
https://www.marketresearchfuture.com/reports/toy-drones-market-7646
Regional Analysis
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.
Related Report Link:
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
