Press release
Racing Drone Market Profiling Players (DJI, Hubsan, Parrot, 3D Robotics, SkyTech, Yuneec) with In-Depth Analysis on Recent Trends and Growth Opportunities During 2020-2025
Racing Drone Market
The growing demand for Racing Drone has provided a major boost to the Global Racing Drone Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024.
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Racing drones (often called high-speed or FPV drones) are used by pilots of drone racing events wherein several participants compete in a racing sport match. It is rapidly becoming a popular sport throughout the world. This is a sport wherein human pilots fly and control their drones with high speed in an arena filled with obstacles under complex environment. Government of many countries are allowing them flying for sport events is one of the factors generating the demand & awareness for such racing events across different regions
The global Racing Drone Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.
Based on Product Type, the market is divided into:
1 ARF Racing Drone
2 RTF Racing Drone
On the basis of End Use Industry, the market is split into:
1 Rotorcross
2 Drag Race
3 Time-Trial
Objectives of the Study
To describe and forecast the global Racing Drone Market on the basis of Product Type, industry verticals, Channel and regions.
To forecast the Racing Drone Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.
To strategically analyzesubsegments with respect to individual growth trends, future prospects, and contribution to the total market.
To provide detailed information regarding the major factors influencing the growth of the Racing Drone Market (drivers, restraints, opportunities, and challenges).
To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.
To strategically profile key players and comprehensively analyze their core competencies and positioning.
To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the Racing Drone Market.
Some of the Racing Drone Market manufacturers involved in the market are DJI, Hubsan, Parrot, 3D Robotics, SkyTech, Yuneec, Eachine, ImmersionRC, Lumenier, RotorXracing, GoPro, Storm, Gemo Copter, TBS, Acquisitions and effective mergers are some of the strategies adopted by the Racing Drone Market manufacturers. New product launches and continuous technological innovations are the Racing Drone Market strategies adopted by the major players.
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Asia Pacific was a prominent market for Racing Drones in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Racing Drone market in Asia Pacific.
There are several manufacturers of Racing Drones in Europe and North America. In North America, the demand for Racing Drones is primarily driven by the residential sector. Improved standards of living and rising usage of Racing Drones for flooring purpose are anticipated to drive the market in North America.
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Table of Contents:
Global Racing Drone Market Report 2020
1 Racing Drone Definition
2 Global Racing Drone Market Major Player Share and Market Overview
3 Major Player Racing Drone Business Introduction
4 Global Racing Drone Market Segmentation (Region Level)
5 Global Racing Drone Market Segmentation (Product Type Level)
6 Global Racing Drone Market Segmentation (Industry Level)
7 Global Racing Drone Market Segmentation (Channel Level)
8 Racing Drone Market Forecast 2020-2024
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