FPV Racing Drone Trends and Forecast
The future of the global FPV racing drone market looks promising with opportunities in the professional and amateur markets. The global FPV racing drone market is expected to grow with a CAGR of 17.5% from 2024 to 2030. The major drivers for this market are continuous advancements in drone technology, rise in popularity of drone racing, and increasing accessibility and affordability of FPV racing drones.
• Lucintel forecasts that RTF is expected to witness the highest growth over the forecast period.
• Within this market, professional is expected to witness the higher growth.
• North America is expected to witness highest growth over the forecast period.
United States:
DJI announced new FPV drone models aimed at racing enthusiasts, enhancing speed and maneuverability. The government launched grants to support drone innovation and safety research, fostering competitive racing.
China:
Shenzhen-based Walkera Technology unveiled high-performance racing drones with advanced FPV systems. The government invested in drone tech parks to boost domestic drone sports and manufacturing capabilities.
Germany:
ImmersionRC introduced a new line of FPV racing drones with improved battery life and camera quality. The German Aerospace Center (DLR) supported projects integrating racing drones into educational programs to advance technical skills.
Australia:
Xiaomi expanded its FPV drone lineup to cater to the growing local drone racing community. The Australian government announced incentives for drone racing events, promoting tourism and technology development.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
FPV Racing Drone by Segment
The study includes a forecast for the global FPV racing drone by type, application, and region.
FPV Racing Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• RTF
• BNF
• PNP
• ARF
FPV Racing Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Professional
• Amateur
FPV Racing 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 Racing 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 racing drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the FPV racing drone companies profiled in this report include-
• Arris
• iFlight
• Skyzone
• Ruko
• Eachine
Recent Development in the FPV Racing Drone Market
DJI: Expansion into Racing Drone Market
DJI, a leading drone manufacturer, has announced its entry into the FPV racing drone market with the launch of the DJI FPV Combo. This move aims to leverage their expertise in drone technology to provide a high-quality, ready-to-fly racing drone solution, integrating advanced features like low-latency HD video transmission and intuitive flight controls.
Fat Shark: New Dominator HD Goggles Release
Fat Shark, a prominent player in FPV equipment, has released its latest Dominator HD goggles. These goggles feature enhanced resolution and a wider field of view, catering to the needs of competitive drone racers who require superior visual clarity and immersive experiences during races.
ImmersionRC: RapidFIRE Receiver Module Launch
ImmersionRC has introduced the RapidFIRE receiver module, designed to improve signal stability and reduce video dropouts during races. This innovative technology combines signals from multiple antennas to deliver a seamless video feed, enhancing the performance and reliability for FPV racers.
Rotor Riot: Community and Training Programs
Rotor Riot, known for its FPV drone products and media content, has expanded its offerings to include community-driven training programs. These initiatives aim to grow the FPV racing community by providing resources, tutorials, and hands-on training sessions to both novice and experienced pilots.
TBS (Team BlackSheep): Crossfire Nano RX Integration
TBS has integrated its Crossfire Nano RX into various FPV racing drones, providing pilots with ultra-low latency and long-range control capabilities. This integration ensures that racers benefit from superior control responsiveness and reliability, crucial for competitive racing environments.
Features of the Global FPV Racing Drone Market
Market Size Estimates: FPV racing drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: FPV racing drone market size by type, application, and region in terms of value ($B).
Regional Analysis: FPV racing 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 racing drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the FPV racing 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 racing drone market?
Answer: The global FPV racing drone market is expected to grow with a CAGR of 17.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the FPV racing drone market?
Answer: The major drivers for this market are continuous advancements in drone technology, rise in popularity of drone racing, and increasing accessibility and affordability of FPV racing drones.
Q3. What are the major segments for FPV racing drone market?
Answer: The future of the global FPV racing drone market looks promising with opportunities in the professional and amateur markets.
Q4. Who are the key FPV racing drone market companies?
Answer: Some of the key FPV racing drone companies are as follows:
• Arris
• iFlight
• Skyzone
• Ruko
• Eachine
Q5. Which FPV racing drone market segment will be the largest in future?
Answer: Lucintel forecasts that RTF is expected to witness the highest growth over the forecast period.
Q6. In FPV racing drone market, which region is expected to be the largest in next 5 years?
Answer: North America 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 racing drone market by type (RTF, BNF, PNP, and ARF), 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?
For any questions related to FPV Racing Drone Market, FPV Racing Drone Market Size, FPV Racing Drone Market Growth, FPV Racing Drone Market Analysis, FPV Racing Drone Market Report, FPV Racing Drone Market Share, FPV Racing Drone Market Trends, FPV Racing Drone Market Forecast, FPV Racing Drone Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.