Racing drones have witnessed significant adoption in the sports and gaming applications during the forecast period, owing to introduction of high-speed lightweight drones, and rising demand for reducing human intervention for driving. Furthermore, high power consumption by drones has led to a short fly time and this is a major factor restraining growth of the racing drones market.
Market Dynamics
The global racing drones market growth is attributed to rising adoption of drones in the sporting & gaming applications and increasing demand of high-speed drones for FPV racing in extreme sports, which are gaining popularity across various countries, globally. For instance, in 2015, the Australian Broadcasting Company (ABC) produced a feature called Game of Drones. In addition to this, some of the other racing leagues such as Aerial Action Sports League, Aerial Grand Prix, Flight Club, MultiGP, Open Pilot, RacingFPV, NorCalFPV, SoCalRotorRacing, and TeamRaceKraft, requires high-speed lightweight drones with high power and good electric motors for the tournaments. Moreover, increasing applications of high-speed drones in different end-use industries such as aerospace and defense, construction, and rescue/inspection & security are further driving demand for drones with high power electric motors and battery for longer aerial flight time.
Key features of the study:
- This report provides in-depth analysis of racing drones market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2018– 2026), considering 2017 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global racing drones market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, racing drones market capital, key developments, strategies, and future plans
- Companies covered as part of this study include DJI, Parrot, Yuneec, Walkera, Air Jugar, MJX, EXDRONES, Chengji, Global Drone, Flytec, Binshang Creative Technology Co. Ltd., JYU, Sky Viper, Eachine, and RotorX Racing.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
- The global racing drones market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global racing drones market.
Detailed Segmentation:
- Global Racing Drones Market, By Drone Type:
- Global Racing Drones Market, By Application:
- Rotorcross
- Drag Racing
- Time Trial
- Global Racing Drones Market, By Geography:
- North America
- By Drone Type:
- By Application:
- Rotorcross
- Drag Racing
- Time Trial
- By Country:
- Europe
- By Drone Type:
- By Application:
- Rotorcross
- Drag Racing
- Time Trial
- By Country:
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Drone Type:
- By Application:
- Rotorcross
- Drag Racing
- Time Trial
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- By Drone Type:
- By Application:
- Rotorcross
- Drag Racing
- Time Trial
- By Country:
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- By Drone Type:
- By Application:
- Rotorcross
- Drag Racing
- Time Trial
- By Country:
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- By Drone Type:
- By Application:
- Rotorcross
- Drag Racing
- Time Trial
- By Country:
- Northern Africa
- Central Africa
- South Africa
- Company Profiles
- DJI
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Parrot
- Yuneec
- Walkera
- Air Jugar
- MJX
- EXDRONES
- Chengji
- Flytec
- Binshang Creative Technology Co. Ltd.
- JYU
- Sky Viper
- Eachine
- RotorX Racing
“*” marked represents similar segmentation in other categories in the respective section.
