Racing Drones Market Trends, and Forecast, 2019 - 2027

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Tech Innovation to Boost Growth in the Global Racing Drones Market Through 2027 By ajinkya

January 18, 2022

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Racing Drones Market: Introduction Transparency Market Research delivers key insights on the global racing drones market. In terms of revenue, the racing drones market is estimated to expand at a CAGR of ~19% during the forecast period, owing to numerous factors, regarding which TMR

offers thorough insights and forecasts in its report on the racing drones market.

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. RTF racing drones are primarily for beginners who want to learn the method to handle racing drones and participate in events. On the other hand, DIY racing drones are designed for experts who want to build their own customized racing drones. A racing drone has multiple components, such as an FPV camera, remote controller, flight controller, video transmitter and receiver, drone frame, battery, propellers, and FPV goggles. A DIY racing drone can be built from these components.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/samp le.php?flag=S&rep_id=58644 Racing Drones Market: Dynamics 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.

Ready-to-fly racing drones do not require any additional assembly and they can directly enter any racing event. Multiple types of ready-to-fly racing drones are available in the marketplace, including Walkera Furious 215, ARRIS X-Speed 250B, and Walkera Runner 250 Pro. Use of ready-to-fly racing drones is growing, owing to zero setup cost and no requirement for assembly. Moreover, ready-to-fly racing drones are highly useful for beginners. They can learn to fly racing drones with

highly useful for beginners. They can learn to fly racing drones with ease and without any requirement for building their own racing drones.

Moreover, 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.

Racing Drones Market: Prominent Regions Asia Pacific is expected to dominate the racing drones market during the forecast period, owing to early adoption of technologies, presence of a large number of well-established players providing racing drones, and increasing popularity of drone racing across the region, especially in countries such as China, Japan, Australia, India, and South Korea.

Furthermore, professional pilots are emerging from Asia Pacific, especially China, which holds a significant share of the market in the region. The market in North America is projected to expand at a significant rate during the forecast period, due to growing popularity of FPV drone racing tournaments, such as MultiGP Canada Drone Racing League and the U.S. National Drone Racing Championship, in the region. Popularity of drone racing is high especially among professional racers, as the winning price of these competitions is very high.

Racing Drones Market: Key Players The global racing drones market witnesses presence of a large number of well-established as well as emerging players. A few of the key players operating in the global racing drones market are YINYAN Model Tech MFT., Tian Yu Hi-tech Co. Ltd, Eachine, and Hubsan.

These players strive to gain a competitive edge by developing innovative products that cater to multiple applications. For instance, in 2019, YINYAN Model Tech MFT announced the launch of a new racing drone called ‘Babyhawk R Pro 4’. Size of this drone is small i.e.

4 inches and it can fly at a high speed without creating much noise.

4 inches and it can fly at a high speed without creating much noise.

The new product would help the company in catering to micro and mini racing drone product segments.

Global Racing Drones Market: Segmentation Racing Drones Market, by Type Ready-to-fly (RTF) Bind-and-fly (BNF) Plug-and-play (PNP)/Plug-and-fly (PNF) Racing Drones Market, by Component FPV Goggles FPV Remote Controllers Cameras Batteries Motors ECSs Flight Controllers Others Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php ?rep_id=58644&ltype=S Racing Drones Market, by Size ≤ 100 mm 100–200 mm 200–300 mm ≥ 300 mm

About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information.

With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Transparency Market Research Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com

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