Seattle, WA -- (SBWIRE) -- 10/16/2019 -- Quadcopters are advanced devices integrated with classy technologies such as GPS, gyroscopes, and high-resolution cameras to perform difficult task such as monitoring, search & rescue operation, aerial mapping, and photography and others. Recently, a new concept of drone phones have been developed which harness the power of the smartphone for all traditional features such as gyroscope, camera, 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. Thus, drone for smartphone to be housed in the body of the drone and the application of on-board GPS, camera and other features of the smartphone to navigate and manage its flight.

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Easy utilization and Low manufacturing cost associated with a drone is projected to propel the demand for drone phones over the forecast period
The phone drones are inexpensive and provide a rich suite of programmability features such as follow me, return to home, and mission mode is expected to raise their demand over the forecast timeline. The overall cost of the available drones is under US$ 300. Moreover, these devices can also use the old model mobiles or phones that have damaged screens and cannot be used for general purpose are assumed to foster the market growth over the forecast timeline.
Interoperability, portability, and compact design are some of the other advantages of these devices
A major manufacturer of smartphone support has expanded the application to almost all the major devices such as Android, iOS, and Apple Watch. In-built battery, compact design, and easy to handle and use are some of the major factors that will continue to fuel the market growth of drone phones.

Rising interest of strong players in the drones market owing to its major potential to utilize the entertainment quadcopter platform business is also expected to promote significant R&D investment in the drone phone 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 the 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).

Consumer fear of loss of the costly smartphones and short flight time is the prime factors that can restraint the drone phones market growth over the forecast period

Rising production of small size design restricts the manufacturer's scope to integrate safety feature and better battery back-up. Moreover, powering the drone for all operations tremendously reduces the life-cycle of battery. These factors are presumed to limit the market growth of the phone drone. Moreover, strict rules and regulations regarding the utilization of these systems across the no-fly zones and commercial applications specifically in the U, S, and Europe are expected to impact the market growth negatively.

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North America held the largest share in the global phone drone market, followed by Europe and the Asia Pacific

According to Coherent Market Insights analysis, U.S. accounts for approximately 35% of the global drone's 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, the 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. Moreover, long flight hours and improvement in the overall safety of both the smartphones and quadcopters is anticipated to offer immense growth opportunity in the near future.

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