Racing Drones Market Size, Share, Trends, Regional Analysis & Forecast 2027 | Players Parrot, Yuneec, Walkera, Air Jugar, MJX, EXDRONES, Chengji, Flytec, Binshang Creative Technology Co. Ltd., JYU, Sky Viper, Eachine, RotorX Racing

Stratagem Market Insights has announced the addition of the "Racing Drones Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Racing Drones Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

Racing drones are used in first-person view (FPV) drone racing competitions. Drone racing is one of the fastest growing sports in the world. Several competitions such as FAI Drone Racing World Cup are held annually, which is expected aid in growth of the global racing drones market over the forecast period.

Rising number of streaming and broadcast viewer-base is expected to propel growth of the global racing drones market. For instance, over 6 million fans live-streamed the 2019 DRL Allianz World Championship Season Premiere on Twitter. Increasing number of sponsorships on funding for drone racing events is expected to offer lucrative growth opportunities for players in the global racing drones market. For instance, in January 2020, The College of Science and Engineering received a US$ 25,000 award from NASA through the Arkansas Science Space Grant Consortium to develop and host a drone-racing competition and a high-powered rocket workshop during July 20-24, 2020 at the SAU campus.

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.

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The Key Manufacturers covered in this Report:-

• Parrot
• Yuneec
• Walkera
• Air Jugar
• MJX
• EXDRONES
• Chengji
• Flytec
• Binshang Creative Technology Co. Ltd.
• JYU
• Sky Viper
• Eachine
• RotorX Racing

Market Segmentation:

By Product
• RTF/RTR
• ARF

By Application
• Rotorcross
• Drag Racing
• Time Trial

Racing Drones Market: Regional Analysis:

o North America: USA, Canada, and Mexico, etc.
o Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
o The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
o Europe: Germany, France, the UK, Russia, and Italy
o South America: Brazil, Argentina, Columbia, etc.

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Market Dynamics:

The global racing drones market growth is attributed to rising adoption of drones in the sporting & gaming applications and increasing demand of high-speed drones for FPV racing in extreme sports, which are gaining popularity across various countries, globally. For instance, in 2015, the Australian Broadcasting Company (ABC) produced a feature called Game of Drones. In addition to this, some of the other racing leagues such as Aerial Action Sports League, Aerial Grand Prix, Flight Club, MultiGP, Open Pilot, RacingFPV, NorCalFPV, SoCalRotorRacing, and TeamRaceKraft, requires high-speed lightweight drones with high power and good electric motors for the tournaments. Moreover, increasing applications of high-speed drones in different end-use industries such as aerospace and defense, construction, and rescue/inspection & security are further driving demand for drones with high power electric motors and battery for longer aerial flight time.

Global Racing Drones Market Report includes Detailed TOC points:
1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Racing Drones Market

2 Market Segmentation
3 Market Overview

3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players

4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Racing Drones Market, By Type
8 Global Racing Drones Market, by Application
9 Global Racing Drones Market, By Deployment
10 Global Racing Drones Market, By End User
11 Global Racing Drones Market, By Distribution Channel
12 Global Racing Drones Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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