Racing Drones Market Growth Opportunities, Driving Factors by Manufacturers, Regions, Type and Application, Forecast Analysis to 2026

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.

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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.

Introduction of high-speed lightweight drones is expected to aid in growth of the market

There are numerous types of drones which are used for various applications such as surveillance, reconnaissance, security, and search & rescue operations in different end-use industries such as aerospace & defense, construction, oil and gas, and commercial operational applications as well. The drones which are used for racing are different from the drones used in the above mentioned applications. These are required to have high precision controlling with high-speed and better stability. The new generation drones with high powered motor and high power supply with lightweight components are used for racing. The introduction of these types of drones in the Unmanned Aerial Vehicle (UAV) or drone industry is expected to drive the market growth during the forecast period.

Increasing demand for reducing human intervention in driving along with time & costs in the racing tournaments are driving the market growth

Demand for reducing human intervention in driving in racing tournaments, which could reduce time required for driving and costs has become a major factor to drive growth of the drones industry and for racing drones as well. There is no need to design and operate any safety structure with this factor. The pilot with the controller in his hand gives all the commands to drones and operates it with the controller, which reduces the chances of accidents and loss of human lives which acts as major a driver for drones/UAV industry and for racing drones as well.

Global Key Players:

Some of the key players operating in the global racing drones market include DJI, Parrot, Yuneec, Walkera, Air Jugar, MJX, EXDRONES, Chengji, Flytec, Binshang Creative Technology Co. Ltd., JYU, Sky Viper, Eachine, ad RotorX Racing.

Detailed Segmentation:

Global Racing Drones Market, By Drone Type:
◦ RTF/RTR
◦ ARF

Global Racing Drones Market, By Application:
◦ Rotorcross
◦ Drag Racing
◦ Time Trial

Table of Contents
1. Research Objective and Assumption
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Racing Drones Market, By Drone Type, 2018-2026  (US$ Million)
5. Global Racing Drones Market, By Application, 2018-2026  (US$ Million)
6. Global Racing Drones Market, By Regions, 2018-2026 (US$ Million)
7. Competitive Landscape

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