Racing drones are small, lightweight drones designed for high-speed manoeuvrability and racing. They feature carbon-fibre frames for strength and light weight, powerful brushless motors and lithium polymer batteries for superior performance. Their compact size and maneuverability make them popular for indoor and outdoor races.
The global Racing Drones Market is estimated to be valued at Us$ 0.90 Bn in 2023 and is expected to exhibit a CAGR Of 22% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Racing drones market is witnessing robust growth owing to rising popularity of drone racing as a competitive sport. Drone racing involves pilots manoeuvring their drones through an obstacle course at highest speeds. Several drone racing leagues and competitions are organizing nationwide, intensifying interest of young pilots towards high-performance racing drones. Development of miniature cameras, batteries and controllers is allowing incorporation of FPV (first-person view) racing enabling pilots to view exactly what their drone sees. Adoption of digital video transmission systems for longer range is further accelerating market growth. Growing accessibility of advanced racing drones at affordable prices will continue to boost market expansion over the coming years.
Segment Analysis
The racing drones market is segmented by type into nano drones, micro drones, and mini drones. Within this segmentation, micro drones dominate the market as they offer the perfect balance between durability, maneuverability and performance for racing. Their compact size makes them highly maneuverable at high speeds, yet robust enough to withstand crashes.
Key Takeaways
The Global Racing Drones Market Size is expected to witness high growth, exhibiting a CAGR of 22% over the forecast period, due to increasing popularity of aerial sports and drone racing among enthusiasts.
Regional analysis:
North America currently dominates the racing drones market, owing to increased participation in competitive drone racing leagues across the US. However, Asia Pacific is expected to emerge as the fastest growing regional market with rising drone adoption in countries like China and Japan.
Key players:
Key players operating in the racing drones market are YINYAN Model Tech MFT., Tian Yu Hi-tech Co. Ltd, Eachine, Hubsan, MJX. Companies are investing in R&D to develop more durable and customizable drones targeted towards the growing racing drone community. Drone manufacturers are also partnering with drone racing leagues to promote their products.
Explorer more information on this topic, Please visit @
Comments
0 comment