Racing Drones Market Analysis and Scope (2021 to 2022)
Racing Drones Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 353.01 Million |
| Market Size by 2030 | US$ 1,333.19 Million |
| Global CAGR (2022 - 2030) | 18.1% |
| Historical Data | 2020-2022 |
| Forecast period | 2022-2030 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Key Player Analysis:
The racing drones market analysis consists of the players such as DJI, Eachine, Walkera Technology, ImmersionRC Limited, Uvify Inc, SWAGTRON, EMAX, iFlight Innovation Technology, GEPRC, ARRISHOBBY. Among the players in the racing drones DJI, iFlight Innovation Technology Ltd, and ImmersionRC Limited are among the top three racing drone market players owing to the diversified product portfolio offered.
Recent Developments:
Inorganic and organic strategies such as product launches, mergers, and acquisitions are highly adopted by companies in the racing drones market. For instance, in March 2021, DJI launched its first racing drone product named DJI FPV along with FPV Remote Controller 2, and FPV Goggles V2, and a motion controller. Similarly in February 2023, DJI launched its new DJI Action 2 FPV drone that also supports GyroFlow movements. Such factors are also driving the racing drones market growth from the suppliers perspective.
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