Uploaded on Mar 5, 2020
Drone Phones Market
Drone Phones Market Production, Sales
Volume And Consumption Volume Market
Comparison 2026
Quadcopters are being integrated with sophisticated technologies such as gyroscopes, GPS, and
high resolution cameras to execute complex tasks such as aerial mapping, aerial photography,
monitoring, search & rescue operations, and entertainment tool among many others. In the recent
past, a new concept of drone phones has been introduced, which harnesses the power of the
smartphone for all additional features such as camera, gyroscope and GPS for its functioning, while
the drone itself would be just a housing assembly for the phone and have the mechanical
components essential for flight. In 2015, Xcraft Inc., a company based in the U.S., introduced the
first concept of drone phones through broadcast on a television show in order to raise investments.
The drone allowed for the smartphone to be housed in the body of the drone and use the on-board
GPS, camera and other features of the smartphone to navigate and control its flight.
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Low manufacturing costs and ease of access to market is expected to fuel demand for drone
phones through the forecast period
These phone drones are cost effective and offer a rich suite of programmability features such as
return to home, follow-me, and mission modes, which has seen these gain major traction in the
recent past. Overall cost of the available drones is well under US$ 300. These devices can even
utilize the old model mobiles or phones that have broken screens and cannot be used be used for
general purposes. These factors are expected to generate major potential for growth of the drone
phones market over the next few years.
Compact design, portability and interoperability are among some of the major benefits of
these devices
Chief participants offering smartphone support have extended the applications to almost all the
major device platforms such as Android, iOS, and Apple Watch. Compact design, in built battery,
portability, and extreme ease of use are among the chief factors that continue to drive demand for
drone phones.
Growing interests of established players in the drones market due to its major potential to
cannibalize the entertainment quadcopter platform businesses will influence significant R&D
investments in the drone phones market
Flone - The Flying Phone is yet another company that has participated in the competition through
the introduction of its do it yourself (DIY) model of quadcopter. In January 2017, Selfly.Camera
introduced an autonomous flying camera featuring a compact drone body that can be used as mobile
cover and can be used for aerial photography. One of the major developments in the industry
segment is the growing interests of the smartphone brands to introduce accessories or product in the
domain. In November 2017, LG announced its plans to introduce first drone phone in the market,
which instead of an accessory will be incorporated into the phone (as by the viral video on YouTube
under the tagline).
Short flight time and consumer fear of loss of the costly smartphones in the event of an
incidence is among the major factors that can hamper the drone phones market growth over
the forecast period
Significantly small size designs currently limits the manufacturer’s scope to integrate safety features
and enhance battery back-up. Moreover, powering the drone for all operations drastically reduces
the life cycle. These factors are expected to be major restraints for the market in the near future.
Moreover, stringent regulations regarding the utilization of these systems near the no-fly zones and
commercial applications specifically in the U,S, and Europe will negatively impact the overall
industry growth.
North America is expected to be the highest growing regional segment, followed by Europe
and Asia Pacific
According to Coherent Market Insights analysis, U.S. accounts for approximately 35% of the global
drones market share, followed by Europe (~30%) and China (~15%). Moreover, according to FAA’s
estimates, hobbyists are expected to account for around 4.3 million drone shipments by 2020, with
its significant share based in the U.S. Thus, U.S. will account for the largest market for compact
quadcopters. Moreover, if the product development plans of LG go as planned, U.S., South Korea
and Europe are among its major consumer segments, which would in turn witness substantial
growth. Long flight hours and enhancement in the overall safety of both the smartphones and
quadcopters are among the major factors that will influence the future growth of the market.
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