The introduction of various racing drone leagues has contributed positively to the growth of the racing drone market. The competitive rivalry intensifies with SZ DJI Technology Co., Ltd., Parrot S.A., Guangzhou Walkera Technology Co., Ltd., Hubsan, Yuneec International Co. Ltd., And others operating in the market. Drone racing consists of custom-made quadcopters with high-resolution cameras used for racing purposes, with first-person view (FPV) facilities using head-mounted displays or goggles. Generally, pilots monitor the video feed from the cameras and control the motion of the drones accordingly in pre-defined race courses.
Download Free PDF Sample –https://www.datamintelligence.com/download-sample/racing-drones-market
Market Dynamics
The introduction of various racing drone leagues has contributed positively to the growth of the racing drone market, coupled with the meteoric rise in popularity of such sporting events on a global and regional scale.Several organizations and competitions are already involved in the industry, with the events being streamed on major television networks and sports channels. Multi GPU, Drone Racing League, US National Drone Racing Championships, and World Drone Prix are some of the drone racing leagues held on an annual basis, with world-class drone pilots competing in such events.The formation of racing commissions and associations, such as the USDA Association, Quadcopter Aerial Racing Organization and Promotion (QAROP), and the British FPV Racing Association, have provided the racing drones market with a form of legal authorization and framework to grow and evolve in an assuring manner.
To Know More Insights – https://www.datamintelligence.com/research-report/racing-drones-market
Segment Analysis
The global racing drone market is segmented into Ready-to-Fly/Ready-to-Run (RTF/RTR) and Almost-Ready-to-Fly (ARF) segments.The ready-to-fly/ready-to-run (RTF/RTR) segment is expected to grow at a robust rate owing to high customer interest, with most buyers opting to purchase the entire kit along with the drone and receiver.The companies are also thus more focused on the launch of new products in the ready-to-fly segment to strengthen their market position. For instance, in April 2017, Aerix Drones announced the start of the new Nano FPV Indoor Drone Racing Package, which includes a ready-to-race (RTR) drone, goggles, a 5-pack of 12-inch glowing neon racing hoops, and extra batteries and blades for replacement.
Competitive Landscape
The racing drone market is highly competitive owing to a rapid rate of market expansion, with companies focused on product innovation and technology development to maintain their competitive edge over others. The significant market players include SZ DJI Technology Co., Ltd., Parrot S.A., Guangzhou Walkera Technology Co., Ltd., Hubsan, and Yuneec International Co. Ltd.
About DataM Intelligence
DataM Intelligence 4Market Research is a Market Research firm that provides end-to-end business solutions to organizations from Research to Consulting. We at DataM Intelligence leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of Syndicate Reports & and; Customized Reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries, catering to the key business research needs that influence the growth trajectory of our vast clientele.
Media Contact
Company Name: DataM Intelligence
Contact Person: Sai.K
Email: info@datamintelligence.com
Phone: +1 877 441 4866
English
Arabic
Français
Español
Português
Deutsch
Türkçe
Italiano
Russian
Romaian