Racing Drones Market - Size, Share, Trends, and Forecast, 2022 - 2028

Racing Drones Market - Size, Share, Trends, and Forecast, 2022 - 2028

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 (2022-2028), considering 2021 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:
RTF/RTR
ARF
Global Racing Drones Market, By Application:
Rotorcross
Drag Racing
Time Trial
Global Racing Drones Market, By Geography:
North America
By Drone Type:
RTF/RTR
ARF
By Application:
Rotorcross
Drag Racing
Time Trial
By Country:
U.S.
Canada
Europe
By Drone Type:
RTF/RTR
ARF
By Application:
Rotorcross
Drag Racing
Time Trial
By Country:
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Drone Type:
RTF/RTR
ARF
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:
RTF/RTR
ARF
By Application:
Rotorcross
Drag Racing
Time Trial
By Country:
Brazil
Mexico
Rest of Latin America
Middle East
By Drone Type:
RTF/RTR
ARF
By Application:
Rotorcross
Drag Racing
Time Trial
By Country:
GCC Countries
Israel
Rest of Middle East
Africa
By Drone Type:
RTF/RTR
ARF
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.