Global RC Drones Market Overview:
An RC drones or remote controlled drone are used for various applications such as photography, field inspection, survey and mapping as well as academic research activities. As the name implies such drones are managed and controlled by remote. With advent of highly advanced cameras, drones commercial applications are expected to be skyrocketed. Infrastructural and agricultural uses of RC drones are dominating currently, however, RC drones for security applications are getting traction.
Growth Drivers
- Growing Deployment of RC Drones in Defense Applications
- Rising Use of RC Drones for Photography and Motion Pictures Capturing
Market Trends
- Advent of High Resolution Cameras in RC Drones
- Growing Demand for Low Weight RC Drones
Roadblocks
- Stringent Regulatory Frameworks Regarding RC Drones Led to Prohibition from Flying in Sensitive Areas
Opportunities
- Introduction of Technically Advanced Smart RC Drones
- Relaxation in Regulatory Norms and Introduction of Delivery by Drones
Challenges
- Security and Privacy Concerned Related to RC Drones
- Need for a Trained personnel to Operate RC Drones
Competitive Landscape:
Some of the key players profiled in the report are DJI (China), Parrot Drones SAS (France), Walkera (China), 3D Robotics (United States), Helipal.com Corporation (Hong Kong), GetFPV (United States), Syma (China) and Horizon Hobby (United States). Additionally, following companies can also be profiled that are part of our coverage like Blade, Quanum, Udirc, Andersen, Menards and MMI Door. Analyst at AMA Research see American Players to retain maximum share of Global RC Drones market by 2025. Considering Market by End-users, the sub-segment i.e. Infrastructure will boost the RC Drones market. Considering Market by Material, the sub-segment i.e. Steel will boost the RC Drones market.
Regulations regarding drones’ operation vary across different countries, however, certain restrictions such as flying distance, prohibition places, certification requirement are more and less same. Though, many restrictions are being challenged owing to growing commercial use of RC drones, however, privacy and security still becomes the utmost priorities for regulatory bodies.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global RC Drones market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in RC Drones market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes RC Drones Manufacturers, Components Suppliers/Distributors, Potential Technology Investors, Market Research and Consulting Firms, End-use industries, Government Agencies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.