Industry Background:
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.
Market Drivers
- 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
Market Trend
- Increase Demand of Ready-To-Fly Segment
Restraints
- 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
Opportunities
Strong Market Growth Potential in US Region Due To Popularity of Drone Racing As a Passionate Sport in the US
AMA Research 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 in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Racing Drones Study Sheds Light on
— The Racing Drones Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Racing Drones industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Racing Drones industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.