Pre IPO Offshore Follows DJI Drone Maker Eying Japan's Massive Photography Sector Closely
Pre IPO Offshore Closely Follows DJI Drone Maker Who Are Eying Japan's Massive Photography Sector
New York, March 29, 2016 (Newswire.com) - Major Chinese consumer-drone maker DJI has its eyes on the potentially lucrative Japanese market after regulations on drones were relaxed three months ago. In a demonstration, the machine, which has propellers, cameras, sensors and automatic tracking technology, zipped around and followed a stunt bicycle-rider, successfully dodging a signboard.
Shenzen-based DJI says it controls 70 percent of the world consumer-drone market. The niche market has great potential to grow, especially in Japan, a nation of avid photographers and videographers, some of whom are already using drones.
DJI, founded 10 years ago, has become a dominant player in a product that delivers excitingly visceral video taken from levels far lower than the usual aerial shots from a helicopter.
DJI is the first Chinese company to be the industry leader in an emerging technology. It could take Japan by storm because of the lack of major local competition.
With no major local competition the marketplace for drones is wide open which will allow DJI to completely dominate the market with their products. Stated Technology Analyst Emily Schulz.
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Tags: DJI, Japan, Pre IPO Offshore