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Smartphone Controlled Drone Market – OverviewThe popularity of drones has escalated rapidly around the world, which has given an impetus to the growth of the smartphone controlled drone market. Reports that gauge the aerospace and defense industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is projected to achieve an 18% CAGR in the forecast period.
The availability of advanced drones has increased the use of smartphones to operate drones considerably. The increased production of drones for commercial and personal uses is projected to bolster further the development of the smartphone controlled drone market. Moreover, the availability of apps for Android and iOS users to control drones is expected to stimulate the smartphone controlled drone market in the upcoming period.
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Competitive Analysis
The expansion of the market is reliant on the cutbacks achieved in profile-raising and miscellaneous overhead. The client base in the market is diversifying rapidly to display a broad range of demands that have to be dealt with precision so as to create a loyal user base. An unequivocal lead in the market place is expected to be created due to amended strategies in specific areas. The creation of new competencies and resources in the market is expected to further fuel the development of the market. The restrictions in the market are dealt with effectively so that they don’t impact the growth of the market. The creation of favorable competitive advantage is expected to further expedite the development of the market in the forthcoming period. The experimentation in the basic strategies to help leadership to attain successful results in the market space is bolstering the growth in the market.
The fundamental contenders in the smartphone controlled drone market globally are Parrot Drones SAS (France), CONTIXO (U.S.), DBPOWER (China), 3DR (U.S.), Kidcia (China), DJI (China), Guangdong Cheerson Hobby Technology Company Limited (China), GoPro, Inc. (U.S.), and Draganfly Innovations Inc. (Canada).
Industry Updates:
Mar 2019 EEGSmart, a Chinese firm that emphasizes the enhancement of brain-machine interface (BMI) technology has recently launched a drone that can be operated with mind control. The mind-controlled drone which is the side of an individual’s palm can be bought at about $150 and be operated with smartphones and also has a USD 282 on a package that consists of the drone and a UMind Lite headset that permits hands-free control of the device.
Segmental Analysis
The segments in the smartphone controlled drone market are done on the basis of component, application, range, and region. On the basis of component, the smartphone controlled drone market is segmented into controller & navigation system, propulsion system, airframe, and others. The segmentation of the smartphone controlled drone market based on application comprises of commercial and personal. By range, the smartphone controlled drone market is segmented into More than 150 meters and Less than 150 meters. By region, the smartphone controlled drone market is segmented into Latin America, Europe, Asia Pacific, North America, the Middle East, and Africa.
Detailed Regional Analysis
The regional evaluation of the smartphone controlled drone market consists of regions such as Latin America, Europe, Asia Pacific, North America, the Middle East, and Africa. The North American region had dominated the smartphone controlled drones’ market in 2017, owing to the amplified application of drones in homeland security, military, and commercial operations. The region controls the global market in terms of spending and technological progress and also has various smartphone controlled drones. Though Canada has made some extensive investments in the development of drones, the U.S. produces a very prominent demand for the drones used for surveillance uses. The market is chiefly governed by the U.S., which is also the key manufacturer of unmanned systems, globally. The European region is one of the leading players in the smartphone controlled drones’ market. Furthermore, the Asia Pacific region is anticipated to appear as the fastest rising region throughout the forecast period. The relatively high demand for consumer electronic products is inspiring manufacturers to implement cost-effective technology in the smartphone controlled drones manufacturing process.
Scope of Report
The report for Global Smartphone Controlled Drone Market by Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
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Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Type
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/producers
4.1.3 Distributors
4.1.4 End-users
Continued.......
List of Tables
Table 1 Smartphone Controlled Drone Market, by Region, 2018–2023
Table 2 North America: Smartphone Controlled Drone Market, by Country, 2018–2023
Table 3 Europe: Smartphone Controlled Drone Market, by Country, 2018–2023
Table 4 Asia-pacific: Smartphone Controlled Drone Market, by Country, 2018–2023
Table 5 Middle East & Africa: Smartphone Controlled Drone Market, by Country, 2018–2023
Table 6 Latin America: Smartphone Controlled Drone Market, by Country, 2018–2023
Table 7 Smartphone Controlled Drone Component Market, by Region, 2018–2023
Continued......
List of Figures
Figure 1 Smartphone Controlled Drone Market Segmentation
Figure 2 Forecast Research Methodology
Figure 3 Five Forces Analysis of Smartphone Controlled Drone Market
Figure 4 Value Chain of Smartphone Controlled Drone Market
Figure 5 Share of Smartphone Controlled Drone Market in 2018, by Country (%)
Figure 6 Smartphone Controlled Drone Market, 2018–2023,
Figure 7 Smartphone Controlled Drone Market Size by Components, 2018
Continued.......
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