In a recent published report, Kenneth Research has updated the North America DIY Consumer Drones Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for North America DIY Consumer Drones Market products.
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According to the statistics by the Bureau of Economic Analysis (BEA) of the U.S. Dept. of Commerce, the gross output registered from the data processing, internet publishing and other information services industry grew from USD 162.5 Billions in 2010 to USD 530.4 Billion in 2020.
North America Do-It-Yourself (DIY) consumer drones market is poised to grow at a 2016-2025 CAGR of XX% by shipment and XX% by revenue. Hence, GMD predicts the market will expand to a cumulative total of 5.2 million units of shipment during 2017-2025 with $XXX million by sales revenue, which will remain the largest regional market in the global DIY consumer drones industry. USA dominates the drones market in North America during 2014-2025 with an accelerating demand and investment for drones, while Canada accounts for a small share in North America sector although the growth rates in these two nations are close to each other.
North America DIY Consumer Drones Market 2016-2025: Analysis, Outlook and Strategy is based on a comprehensive research of consumer DIY drones market by analyzing the entire North American market and all its segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
In-depth qualitative analyses include identification and investigation of the following aspects:
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The report also quantifies North America consumer DIY drones market in every aspect of the classification from perspectives of subsystem, application and country.
Based on subsystem, the North America market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
• Hardware
• Software
• Service
Based on application, the North America market is analyzed on the following segments with annual revenue and unit shipment in 2014-2025 provided for each segment.
• Prosumer Drones
• Toy/Hobby Drones
• Other Consumer Drones
On basis of national market, detailed analysis and data for annual revenue & unit shipment are available for 2014-2025 in U.S. and Canada. The further breakdown of national markets by states/cities in U.S. or provinces in Canada is included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles global consumer drone vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in North America consumer DIY drones market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
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Key Players:
3D Robotics Inc
Dajiang Innovation Technology Inc. (DJI)
Hubsan Technology Co., Ltd. (China)
senseFly
Tai Shih Hobby Corporation (TSHobby GAUI)
Walkera Technology Co., Ltd.
Yuneec International
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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