Gyro Cameras Market to Grow at 31.35% CAGR to 2021: Analysis of Key Players, Trends, Drivers, & Challenges

Market Research Report on Global Gyro Cameras Market is a professional and in-depth research report. The Report include basic information like definitions, classifications, applications and industry chain overview, industry policies and plans, product specifications, manufacturing processes, cost structures and so on. The Report Spread Across 70 Pages with Tables and Figures in It.

The Report Announces the Publication of its Research Report – Global Gyro Cameras Market 2017-2021

Marketsizeforecasters.com adds new global gyro cameras market report that lists top active companies as Cheerson Hobby, DJI, GoPro, Gyro-Stabilized Systems, and Parrot.

Other Prominent Vendors in the market are: Walkera, Yuneec International, Leptron, PrecisionHawk, Trimble, Airdog, Delair-Tech, Hexo+, Hobbico, SYMA Toys, and UDIRC.

The Report analysts forecast the global gyro cameras market to grow at a CAGR of 31.35% during the period 2017-2021.

Commenting on the report, an analyst team said: One trend in market is use of drone gyro cameras for sports. The use of consumer drones with gyro cameras for sports is increasing with its growing popularity. Mountain Dew, a carbonated soft drink brand produced and owned by PepsiCo, and DR1 Racing organized a drone race in August 2016.

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The event used 12 of the world’s top drone-racing pilots. The pilots controlled the drones from the top of the dam and maneuvered them around a large number of obstacles while flying them at speeds of more than 75 miles per hour. The race consisted of various heats, qualifiers, and finals over the course of two days. The race was sponsored by Mountain Dew and was broadcasted globally through international sports networks like ESPN and the International Drone Racing Association. They broadcasted the event live on cable TV. A one-hour broadcast aired on Discovery Communication's Discovery and Science channels. With broadcast deals signed with renowned sports networks and cup competitions, drone racing has become one of the primary factors driving the demand for consumer drones with gyro cameras.

According to the report, one driver in market is popularity of social networking sites. The increase in social media activities is one of the major drivers for the sales of gyro cameras. In 2016, Facebook had 1.8 billion monthly active users, and Twitter had 350 million monthly active users. Over a billion unique users visit YouTube every month. Google Plus has around 150 million active users monthly, and there are more than 350 million people on Instagram. The demand for gyro cameras is increasing as people are keen to share photos and videos with their friends through social networking sites. With the growing number of options available for social networking, the demand for these cameras is expected to further increase during the forecast period.

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Further, the report states that one challenge in market is stringent government regulations. Considering that 68.72% of the gyro camera market revenue is generated from drones, the stringent regulations imposed by governments regarding the use of drone’s act as a major challenge for the gyro camera market. The use of drone services involves security risks, as they can be used in terror attacks, lead to aerial collisions, and be used to enter restricted areas. Thus, the governments of countries are formulating stringent regulations to secure airspaces.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Browse full table of contents and data tables for Global Gyro Cameras Market Report @ https://marketsizeforecasters.com/global-gyro-cameras-market

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