The global racing drones market was valued at US$ 414.5 million in 2017 and is projected to reach US$ 2,143.9 million by 2026, exhibiting a CAGR of 20.0% over the forecast period, according to Global Racing Drones Market Report, by Drone Type (RTF/RTR and ARF), by Application (Rotorcross, Drag Racing, and Time Trial), by Region (North America, Europe, Asia Pacific, Latin America, The Middle East, and Africa) published by Coherent Market Insights.
Racing drones are designed to focus all of their power in moving forward, however a photography/video drone is more focused on hovering while taking pictures and videos. Racing drones can accelerate and maneuver with great speed and agility due to their lightweight and high-power electric motors, which provide large torque to propellers of the wing. Introduction of drone racing leagues & tournaments all over the world, increasing demand for high-speed drones with better stability and controlling, and rising demand for reducing human intervention while driving is driving the racing drones market growth. Moreover, rising demand for drones/UAVs for different applications in various end-use industries are also likely to drive demand for drones. Low quality drones cannot be used for racing purposes as they do not meet the required configurations. These drones can be modified with specific design components, specific electric motors, and additional features according to the requirement of the pilot.
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