Global Flying Ball Toy Market Overview:
A flying ball toy is a drone with a globe-like form that has a variety of flight modes, talents, and boomerang effects. It consists of a brushless motor, battery, LED, and infrared sensor. Its motion is controlled by an infrared sensor. It moves in the opposite direction whenever its sensor detects an object (such as a hand) near it. The Flying ball toy is catching great attention from parents who want their kids to stay active instead of playing games on mobile/PC. Technological advancements such as the integration of AI in toys, and growing interest in flying toys are the factors contributing to the growth of the market.
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|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Changing Customer Perspective towards Toys for Children
- Usage of Toys to Keep Kids Busy and Engaged
- Growing Awareness about New Technology-Based Toys to Stimulate Children to Stay Active
- Usage of Toys for Educational Purpose
- Availability of Fake Substitutes
Global flying ball toy is a fragmented market due to the presence of various small players in different regions. The players are focusing on investing more in launching new toys. These will enhance their market presence. The companies are also planning strategic activities like a new product launch, new product development, and partnerships, which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Jalaram Enterprise (India), Amerfist, KidsJoy, Betheaces, Flynova Pro, Air-Hogs, Kizmyee, Dlloasut, Junywell, Hatchimals and DC Provide. Considering Market by Components, the sub-segment i.e. Motor will boost the Flying Ball Toy market. Considering Market by Price Range (USD), the sub-segment i.e. <12 will boost the Flying Ball Toy market. Considering Market by Distribution Channels, the sub-segment i.e. Flying Ball Manufacturers will boost the Flying Ball Toy market. Considering Market by Age, the sub-segment i.e. 2-4 years will boost the Flying Ball Toy market.
In October 2021, According to officials, a shipment of toys that were created in China and are very well-liked by youngsters in India was detained in the US when it was discovered that they were coated with hazardous chemicals. Following the recent seizure of toys that were coated with unsafe levels of lead, cadmium, and barium, the US Customs and Border Protection (CBP) cautioned shoppers to be particularly vigilant while purchasing online children's toys during the holiday shopping season.
What Can be Explored with the Flying Ball Toy Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Flying Ball Toy Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Flying Ball Toy
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Flying Ball Toy market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Flying Ball Toy market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Small Toy Manufacturers, Small Toy Suppliers, E-Commerce/Retailers, Offline Retailers, Toy store, Potential Investors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.