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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