Racing Drones Market Key vendors, Quality, Reliability & Insights for next 5 years

1. Racing Drones MarketInception of Drone Racing League to Accelerate Market Growth Witnessing the growing interest in drone racing, the first-of-its-kind Drone Racing League was founded in 2015. The inception of the league is expected to play a critical role in the development of the drone racing market in the coming years. The Drone Racing League, which is currently in its fourth season, is held across multiple locations around the world, including Germany, France, and the U.S. With significant improvements in the FPV technology, availability of a plethora of FPV goggles, and consistent developments to widen the field of view (FOV), the racing drones market has witnessed significant growth. ©2019 Transparency Market Research, All Rights Reserved

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3. Key Players in the Report: The Racing Drones Market is concentrated in nature with leading players such as • YINYAN Model Tech MFT. • Tian Yu Hi-tech Co. Ltd • Eachine • Hubsan

4. Report Highlights • A racing drone is a small quadcopter unmanned aerial vehicle i.e. UAV, which is designed for FPV i.e. (first person view) racing events. Racing drones come in different types, primarily the following: ready-to-fly (RTF), bind-and-fly (BNF), do-it-yourself (DIY), plug-and-play (PNP), and plug–and-fly (PNF) drones.  • Racing drone manufacturers are expected to focus on the aerodynamics of racing drones to optimize the power required during flights by minimizing drag force.  • The meteoric rise in the number of casual drone users, along with notable advancements in the drone technology has led to significant demand for racing drones in the past few years - a trend that is expected to continue during the forecast period.  Request Sample of Report

5. The racing drones market, which is expected to reach a market value of ~US$237 Mn in 2020 is projected to witness three-fold growth during the forecast period to reach a market value of ~US$ 786 Mn by 2027.  • Ready-to-fly racing drones are inexpensive compared to other types of drones. Increasing use of ready-to-fly racing drones is projected to have a medium impact on the racing drones market from 2019 to 2027, owing to their numerous advantages. • Popularity of drone racing as a competitive sport is growing all over the world. The sport is being rapidly commercialized by racing organizations, including International Drone Racing Association, Inc. and the U.S. Drone Racing Association.

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