Racing Drones Market, By Drone Type (RTF, BNF, and ATF), By Application (Rotor Cross, Drag Racing, and Time Trial), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Racing Drones Market, By Drone Type (RTF, BNF, and ATF), By Application (Rotor Cross, Drag Racing, and Time Trial), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Racing drones, also known as racing quadcopters, are unmanned aerial vehicles designed specifically for competitive first-person view (FPV) racing. They are characterized by their lightweight yet durable carbon fiber frames, powerful brushless motors, and ability to achieve high speeds up to 150 km/h. Growing popularity of drone racing as an extreme sport and availability of advanced racing drones with FPV capabilities at affordable prices are some of the key factors propelling the market growth. Furthermore, drone manufacturers are focusing on developing racing drones with features like HD cameras, adjustable camera tilts, intelligent battery systems, and app-based controls and configurations, which is also augmenting their adoption rates.
Market Dynamic:
The major growth drivers for the global racing drones market include rapid growth of drone racing as an extreme adventure sport, technological advancements in drone hardware, and declining average selling prices of drones. According to FAA, over 100,000 drones have been registered in the U.S. for racing alone. Continuous innovations and inclusion of advanced features like stronger flight controllers, HD cameras, and app-based controls in racing drones by manufacturers are also fueling their sales. However, strict regulatory policies mandating the registration of drones and safety compliances in different countries can hamper the market growth. On the other hand, rising popularity of drone racing competitions and events organized by the International Drone Racing Association (IDRA) and Drone Racing League (DRL) is generating new opportunities for both manufacturers and sports enthusiasts.
Key Features of the Study:
This report provides in-depth analysis of the global racing drones market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global racing drones market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Airjugar Technology Co. Ltd, Armattan Quads, Autel Robotics, BetaFPV, Caddx, DJI, Diatone, EMAX, eachine, Fat Shark, GEPRC, Guangzhou Walkera Technology CO. LTD, Holybro, Hubsan, and iFlight
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global racing drones market report caters to various stakeholders in this industry including investors, suppliers, product 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:
By Drone Type
RTF
BNF
ATF
By Application
Rotor Cross
Drag Racing
Time Trial
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players Insights
Airjugar Technology Co. Ltd
Armattan Quads
Autel Robotics
BetaFPV
Caddx
DJI
Diatone
EMAX
eachine
Fat Shark
GEPRC
Guangzhou Walkera Technology CO. LTD
Holybro
Hubsan
iFlight
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Drone Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Racing Drones Market, By Drone Type, 2019-2031 (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
RTF
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
BNF
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
ATF
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
5. Global Racing Drones Market, By Application, 2019-2031 (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
Rotor Cross
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Drag Racing
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Time Trial
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
6. Global Racing Drones Market, By Region, 2019-2031 (US$ Mn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
North America
Regional Trends
Market Size and Forecast, By Drone Type, 2019–2031 (US$ Mn)
Market Size and Forecast, By Application, 2019–2031 (US$ Mn)
Market Share Analysis, By Country, 2024 and 2031 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Drone Type, 2019–2031 (US$ Mn)
Market Size and Forecast, By Application, 2019–2031 (US$ Mn)
Market Share Analysis, By Country, 2024 and 2031 (%)
U.K.
Germany
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Drone Type, 2019–2031 (US$ Mn)
Market Size and Forecast, By Application, 2019–2031 (US$ Mn)
Market Share Analysis, By Country, 2024 and 2031 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Drone Type, 2019–2031 (US$ Mn)
Market Size and Forecast, By Application, 2019–2031 (US$ Mn)
Market Share Analysis, By Country, 2024 and 2031 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Drone Type, 2019–2031 (US$ Mn)
Market Size and Forecast, By Application, 2019–2031 (US$ Mn)
Market Share Analysis, By Country, 2024 and 2031 (%)
South Africa
GCC Countries
Rest of the Middle East & Africa
7. Competitive Landscape
Company Profiles
Airjugar Technology Co. Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Armattan Quads
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Autel Robotics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
BetaFPV
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Caddx
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
DJI
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Diatone
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
EMAX
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Eachine
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Fat Shark
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
GEPRC
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Guangzhou Walkera Technology CO. LTD
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Holybro
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hubsan
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
iFlight
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
8. Wheel of Fortune
Wheel of Fortune
Analyst View
Coherent Opportunity Map
9. Reference and Research Methodology
References
Research Methodology
About us and Sales Contact
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