Drone racing is a process focus on racing small or large FPV drones. The basic focus here is to create fast and very powerful multi-rotors that can deliver incredible speed. Drone racing is popular at this time that there are many tournaments all over the globe. Through this sports demand for racing drones increases and also increase in competition in various technology up-gradation.This growth is primarily driven by Increasing Use of Drones in Various Sports Events, Increasing Tournaments Such As Pilots, Trick Wiki, and Multigp, Rise in Sales of Different Configuration of Drones with Various Specifications and Increase in Demand for Reducing Human Intervention.
Globally, a noticeable market trend is evident Increase Demand of Ready-To-Fly Segment. Major Players, such as DJI (China), Parrot (France), Yuneec (China), Walkera (China), Air Jugar (China), MJX (China), Horizon Hobby LLC (United States), B&H Photo Video (United States), Binshang Creative Technology Co. Ltd. (China) and Proflight drones (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Dec 2018, Archangel FPV LLC Introduced The Archangel Drone During The Airing Of Season 2 Of The DR1 DHL Champions Series With A One Minute Commercial.
- Increasing Use of Drones in Various Sports Events
- Increasing Tournaments Such As Pilots, Trick Wiki, and Multigp
- Rise in Sales of Different Configuration of Drones with Various Specifications
- Increase in Demand for Reducing Human Intervention
- Increase Demand of Ready-To-Fly Segment
- Increasing Challenge From The Theft Of Secure Data And Regulatory Hurdles Faced By The Operators During Non-Official Events Can Hamper The Growth Of The Market
Strong Market Growth Potential in US Region Due To Popularity of Drone Racing As a Passionate Sport in the US
AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization of the Report:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase