Market Overview:
The global racing drone market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing popularity of drones, rising awareness about drone racing, and technological advancements in drones. The global racing drone market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into ARF (almost-ready-to-fly) and RTF (ready-to-fly) racing drones. The ARF category is further subsegmented into kit and prebuilt drones. On the basis of application,the market is divided into rotorcross, drag race, time trial/speed challenge), and others (freestyle flying).
Product Definition:
A Racing Drone is a type of unmanned aerial vehicle specifically designed for competitive racing events. They are typically small, fast, and agile aircraft with high-performance motors and propellers. Racing drones can reach speeds of up to 100 mph (160 km/h), making them some of the fastest unmanned vehicles in the world.
ARF Racing Drone:
The ARF ( Almost Ready-to-Fly) Racing Drone is a category of racing drones that require minimal assembly and can be used immediately after charging its battery. The main components required to assemble the drone include motors, propellers, batteries, flight control system and Radio Frequency (RF) module. These are mostly used in aerial photography and videography activities as they offer better performance than their counterpart RC models owing to high-quality camera equipment installed on them.
RTF Racing Drone:
RTF stands for Racing Truck Frame. It is a ready to fly out of the box drone that is specially designed for racing purposes. The RTF drones are made with lightweight materials and have advanced safety features including return-to-home and auto landing, which makes it suitable for racing as well as flying outdoor recreational activities like aerial photography or videos.
Application Insights:
Rotorcross held the largest share of the global racing drone market in 2017. This is attributed to its growing popularity among amateurs and professionals as a fun and thrilling activity. Moreover, government-level regulations that support the use of drones for aerial filming for sports events are expected to boost its adoption further. For instance, according to an article by The Telegraph, UK¢â‚¬â„¢s Civil Aviation Authority (CAA) has approved over 200 applications from media organizations for using drones in 2017 alone.
The drag race segment is expected to witness considerable growth over the forecast period owing to increasing participation levels across all age groups and genders within several countries such as U.S.
Regional Analysis:
North America dominated the global market in 2017. The U.S. is one of the most prominent markets for drones, owing to its flexible regulations and a well-established drone racing community that has been pushing the limits of innovation in aerial racing technology over the past few years.
Growth Factors:
- Increasing demand for Racing Drone from the entertainment industry as it provides an adrenaline rush and is a new experience for the audience.
- Growing popularity of drone racing as a sport which is attracting more people to participate and watch races.
- Proliferation of affordable drones and development of advanced features in Racing Drones that are making them more accessible to consumers.
- Rising investment by manufacturers in research and development to create better drones with enhanced capabilities.
- Increasing awareness about the benefits of using Racing Drones for recreational purposes, such as aerial photography and videography
Scope Of The Report
Report Attributes
Report Details
Report Title
Racing Drone Market Research Report
By Type
ARF Racing Drone, RTF Racing Drone
By Application
Rotorcross, Drag Race, Time-Trial
By Companies
DJI, Hubsan, Parrot, D Robotics, SkyTech, Yuneec, Eachine, ImmersionRC, Lumenier, RotorXracing, DJI, Storm, Gemo Copter, TBS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Racing Drone Market Report Segments:
The global Racing Drone market is segmented on the basis of:
Types
ARF Racing Drone, RTF Racing Drone
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rotorcross, Drag Race, Time-Trial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DJI
- Hubsan
- Parrot
- D Robotics
- SkyTech
- Yuneec
- Eachine
- ImmersionRC
- Lumenier
- RotorXracing
- DJI
- Storm
- Gemo Copter
- TBS
Highlights of The Racing Drone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ARF Racing Drone
- RTF Racing Drone
- By Application:
- Rotorcross
- Drag Race
- Time-Trial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Racing Drone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A racing drone is a small, lightweight aircraft that is used for aerial races or competitions. Racing drones are typically made of plastic and aluminum and have propellers that allow them to fly quickly and smoothly.
Some of the major companies in the racing drone market are DJI, Hubsan, Parrot, D Robotics, SkyTech, Yuneec, Eachine, ImmersionRC, Lumenier, RotorXracing, DJI, Storm, Gemo Copter, TBS.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Racing Drone Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Racing Drone Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Racing Drone Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Racing Drone Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Racing Drone Market Size & Forecast, 2020-2028
4.5.1 Racing Drone Market Size and Y-o-Y Growth
4.5.2 Racing Drone Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ARF Racing Drone
5.2.2 RTF Racing Drone
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Rotorcross
6.2.2 Drag Race
6.2.3 Time-Trial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Racing Drone Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Racing Drone Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ARF Racing Drone
9.6.2 RTF Racing Drone
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Rotorcross
9.10.2 Drag Race
9.10.3 Time-Trial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ARF Racing Drone
10.6.2 RTF Racing Drone
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Rotorcross
10.10.2 Drag Race
10.10.3 Time-Trial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ARF Racing Drone
11.6.2 RTF Racing Drone
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Rotorcross
11.10.2 Drag Race
11.10.3 Time-Trial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ARF Racing Drone
12.6.2 RTF Racing Drone
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Rotorcross
12.10.2 Drag Race
12.10.3 Time-Trial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ARF Racing Drone
13.6.2 RTF Racing Drone
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Rotorcross
13.10.2 Drag Race
13.10.3 Time-Trial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Racing Drone Market: Competitive Dashboard
14.2 Global Racing Drone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DJI
14.3.2 Hubsan
14.3.3 Parrot
14.3.4 D Robotics
14.3.5 SkyTech
14.3.6 Yuneec
14.3.7 Eachine
14.3.8 ImmersionRC
14.3.9 Lumenier
14.3.10 RotorXracing
14.3.11 DJI
14.3.12 Storm
14.3.13 Gemo Copter
14.3.14 TBS
