Racing drone market

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Racing Drone Market Set to Exceed USD 2,060.7
Million By 2026 CAGR 22.1

• Racing Drones Market Share, Size, Trends,
  Industry Analysis Report By Drone Type (RTF,
  ARF), By Application (Rotorcross, Drag Racing,
  Time Trial), By Component Type (Airframe, Motors,
  Camera/Sensors, Propellers, Others), By Regions,
  Segments Forecast, 2019 2026

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Racing Drone Market Estimate Forecast to 2026
The global racing drones market size is expected
to reach USD 2,060.7 million by 2026 according to
a new study by Polaris Market Research.   Racing
drones also called FPV (First Person View) refers
to high speed small sized drone with specific
configurations required to participate into
racing sport events worldwide. Drone racing is a
sport event which was initiated in Australia
(2013) wherein many drone pilots met together to
participate in a championship. The participating
machine must have to fulfill the specific
requirements of organizing leagues wherein
factors such as weight, speed, motors, and
propellers plays very important role. Racing
drones are basically high-speed machines along
with FPV camera and controller which is operated
by a high skilled pilot in such sports
championships.   Increasing production propelled
by adoption across the world, introduction of
high-speed drones, rising expenditure in RD,
increasing racing sports tournaments across
different countries in the world, and increasing
adoption of such racing trends by different
countries are some of the major factors aiding in
the growth of this market. In addition, factors
such as requirement of highly skilled pilots to
operate these machines in the racing tournaments
and complexity in assembly of parts for beginners
are some of the major restraining factors
impacting negatively.  
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Racing Drone Market Scope
Drone Type Application Type Component Type By Region Report Attributes
RTF ARF Rotorcross Drag Racing Time Trial Airframe Motors Camera/Sensors Propellers Others North America (U.S., Canada) Europe (Germany, France, UK, Russia) Asia Pacific (China, Japan, South Korea) Latin America (Brazil, Mexico) MEA (UAE, Saudi Arabia, South Africa) Historic year 2015-2018 Base year 2019 Forecast Year 2020-26 Revenue (USD Million)
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Racing Drone Market Estimate Forecast to 2026
Among region, North America was estimated to be
the largest region in 2019 and is also expected
to be remain the largest during the forecast
period as well. The U.S. is one of the major
regions and accounted for more than 70 of share
in North America. Moreover, increasing awareness
for drone racing sports across the region among
the audience and growing adoption across
different end-use sectors are some of the major
factors aiding the growth of the market in the
region. Furthermore, Asia Pacific was expected to
be the fastest growing region during the forecast
period of 2020-2026 propelled by the countries
such as China, Japan, and South Korea. Access
Research Report On Racing Drone Market   The
global market is moderately consolidated and the
top five players of this market accounted for
more than a share of 45 in 2019, according to
Polaris Market Research. These companies are
continuously investing in RD activities in order
to fulfil the continuous demands for better
technologically advanced products. Some of the
major companies in this market include Airjugar
Technology Co. Ltd., Autel Robotics, DJI,
eachine, Guangzhou Walkera Technology CO. LTD,
Hubsan, ImmersionRC Limited, mjxrc.net, Parrot
Drones SAS, RotorX, Spin Master (Air Hogs),
Skyrocket LLC (Sky Viper), UVify Inc., and YUNEEC
are some of the major players in this market.
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Racing Drone Market Size
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About Us
Polaris Market Research is a global market
research and consulting company. The company
specializes in providing exceptional market
intelligence and in-depth business research
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