FPV Drone Trends and Forecast
The future of the global FPV drone market looks promising with opportunities in the professional and amateur markets. The global FPV drone market is expected to grow with a CAGR of 16.7% from 2024 to 2030. The major drivers for this market are growing popularity of drone racing as a recreational sport, ongoing advancements in drone technology, particularly in camera stabilization, transmission systems, and flight control software, and community engagement and DIY culture.
• Lucintel forecasts that 4K is expected to witness the higher growth over the forecast period.
• Within this market, professional is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States – Companies like Fat Shark and BetaFPV are enhancing FPV drone technology for racing and freestyle enthusiasts, aiming to capture a larger market share. The government is working on regulations to ensure safe integration of FPV drones into airspace while supporting innovation and growth in the industry.
China – Chinese FPV drone manufacturers such as DJI and Emax are expanding their product offerings and targeting international markets, especially in racing and aerial cinematography. The government is promoting the development of FPV drone technology through investments and supportive policies to boost domestic industry competitiveness.
Australia – Australian companies like Team BlackSheep are focusing on developing long-range FPV drones for agricultural and environmental monitoring applications, aligning with government targets for precision agriculture and conservation efforts. Regulatory reforms are underway to facilitate commercial FPV drone operations while ensuring safety and privacy compliance.
Germany – German FPV drone companies like ImmersionRC and TBS are innovating in the field of drone racing and aerial cinematography, aiming to establish Germany as a hub for FPV technology development. The government is supporting research and development initiatives to advance FPV drone capabilities and promote sustainable drone solutions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
FPV Drone by Segment
The study includes a forecast for the global FPV drone by type, application, and region.
FPV Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• 1080P
• 4K
FPV Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Professional
• Amateur
FPV Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of FPV Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies FPV drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the FPV drone companies profiled in this report include-
• Horizon Hobby
• Parrot
• Holy Stone
• Lumenier
• Syma
• iFlight
• GEPRC
• Vannystyle
• Skyzone
• Ruko
Recent Development in the FPV Drone Market
Fat Shark: Fat Shark introduced the Attitude V6 FPV goggles with improved resolution and features for immersive drone racing experiences.
Emax: Emax launched the Tinyhawk III FPV drone, featuring upgraded components and performance enhancements for micro FPV racing enthusiasts.
Team BlackSheep: Team BlackSheep unveiled the TBS Mambo FPV drone, designed for long-range exploration and aerial photography applications, incorporating advanced flight control systems.
ImmersionRC: ImmersionRC announced the release of the Ghost Hybrid FPV racing drone platform, integrating hybrid digital-analog transmission technology for enhanced video quality and reliability in racing environments.
Features of the Global FPV Drone Market
Market Size Estimates: Fpv drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fpv drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Fpv drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the FPV drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the FPV drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for FPV drone market?
Answer: The global FPV drone market is expected to grow with a CAGR of 16.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the FPV drone market?
Answer: The major drivers for this market are growing popularity of drone racing as a recreational sport, ongoing advancements in drone technology, particularly in camera stabilization, transmission systems, and flight control software, and community engagement and DIY culture.
Q3. What are the major segments for FPV drone market?
Answer: The future of the global FPV drone market looks promising with opportunities in the professional and amateur markets.
Q4. Who are the key FPV drone market companies?
Answer: Some of the key FPV drone companies are as follows:
• Horizon Hobby
• Parrot
• Holy Stone
• Lumenier
• Syma
• iFlight
• GEPRC
• Vannystyle
• Skyzone
• Ruko
Q5. Which FPV drone market segment will be the largest in future?
Answer: Lucintel forecasts that 4K is expected to witness the higher growth over the forecast period.
Q6. In FPV drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the FPV drone market by type (1080p and 4K), application (professional and amateur), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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