Press release
Top Racing Drones Companies 2018 - DJI, Parrot, Yuneec, Walkera, Air Jugar, MJX, EXDRONES, Chengji, Global Drone, Flytec, Binshang Creative Technology Co. Ltd., JYU, Sky Viper, Eachine, and RotorX Racing.
Racing Drones Market
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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.
Various factors affecting the forecasted trend in the Racing Drones market are discussed in detail with analysis of the same. The global market report covers all the drivers, trends, and challenges in the market within the analysis and for the elucidation of the forecast statistics. Furthermore, the global market report is dissected and analysed across its various segments such as by product type, by application, by end users, and by region.
Top 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
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In terms of product type, the global Racing Drones market is segmented into the following:
• RTF/RTR
• ARF
Product X is currently leading in terms of value and volume owing to high demand from across all regions. Product Y is expected to gain traction since new technology and changing customers trends is expected to push the demand for it. Product Y is hence is expected to record the highest growth rate for the forecast period.
In terms of application, the global Racing Drones market is segmented as follows:
• Rotorcross
• Drag Racing
• Time Trial
Application X holds the highest share in the global Racing Drones market. Application Y is expected to record the highest growth rate and can even surpass the market share of Application X by the end of the forecast period.
By end users, the global Racing Drones market is segmented into:
• Parrot
• Yuneec
• Walkera
• Air Jugar
• MJX
• EXDRONES
• Chengji
• Flytec
• Binshang Creative Technology Co. Ltd.
• JYU
• Sky Viper
• Eachine
• RotorX Racing
End user X is the highest shareholder in terms of value and volume and End user Y is expected to record a high growth rate for the forecast period based on the data of the changing market trends.
The global Racing Drones market report provides a detailed analysis of the regional segmentation. The Racing Drones market is segmented into the following regions:
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
Region X is a more matured market and is the highest with US$ XX million in value at the end of 2018. Region Y is showcasing high growth rate as the overall income of the population is on the rise and people have a higher amount of disposable income available.
The global Racing Drones market includes a detailed SWOT analysis and competitive landscape analysis as well that provides customers with key insights into what the top companies are working on. Every top player and their respective company profiles are covered in detail including the latest news and updates of acquisitions and mergers. For more details on the Racing Drones market, visit our website here.
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