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The Global Market for Toy Drones & Quadcopters (2018-2022): Leading Players are DJI, Parrot Drones, Shenzhen Hubsan Technology, UVify, and Syma - ResearchAndMarkets.com

December 6, 2018

DUBLIN--(BUSINESS WIRE)--Dec 6, 2018--The “Global Toy Drones and Quadcopters Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The toy drones and quadcopters market will grow at a CAGR of almost 17% by 2022.

Drones combined with VR goggles and headsets has become one of the fastest growing trends in the consumer drone industry. While the VR Goggles has become common for its usage in the consumer drone market, VR headsets to control drone is gaining immense popularity. VR goggles and headsets are usually connected via Wireless Fidelity (Wi-Fi) or sensors to control drones.

With the help of VR, users can completely control a drone and fly it to desired locations. Hence. the advent of VR combination in flying drones is estimated to drive the current market during the forecast period.

Toy drones are commonly used by the affluent class and fewer number of middle-class population, as most of the toy drones are expensive. However, vendors in the toy drones and quadcopters market have come up with low-cost and affordable toy drones in order to improve penetration, accessibility, and to simulate the adoption of toy drones among all income groups. Hence, the emergence of low-cost toy drones is expected to foster the current market during the forecast period.

There are various safety issues associated with the usage of drones. Flying of drones in public air/in enclosed environments/indoor, by amateur/beginners or children would be threatful, as drones can cause severe injuries in case of technical failure and accidents. Also. technical issues like battery failure and sensor malfunctioning would pose a significant safety issue for users.

Market Trends

Increasing Adoption of 3D Printing on Drone Parts Growing Penetration of Virtual Reality The Surge in the Usage of Advanced Drone Cameras

Key Players

DJI Parrot Drones Shenzhen Hubsan Technology UVify Syma

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Technology

8. Market Segmentation by Product

9. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/lkp6mt/the_global_market?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181206005788/en/

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Related Topics:Toys ,Unmanned Aerial Vehicles (UAVs) - Drones,Military Unmanned Systems

KEYWORD:

INDUSTRY KEYWORD: RETAIL SPECIALTY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/06/2018 01:23 PM/DISC: 12/06/2018 01:22 PM

http://www.businesswire.com/news/home/20181206005788/en

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