The United States racing drones market has witness a surge in demand in recent years owing to increasing popularity of drone racing as an adventurous recreational and competitive sport among American teenagers and young adults. Racing drones, also known asfpv (first-person view) drones, are competitively-built mini drones equipped with powerful motors and li-po batteries for maneuvering at high speeds. Their compact size ranging from 80mm to 350mm makes them extremely agile to perform stunts like flips and tricks in outdoor drone races organized across the country. The drones are fitted with FPV cameras and video transmitters that allow pilots wearing VR or LCD goggles to view what the drone's camera sees while flying.
The Global United States racing drones market is estimated to be valued at US$ 353.01 Mn in 2024 and is expected to exhibit a CAGR of 18.% over the forecast period 2024-2031.
Key Takeaways
Key players: Key players operating in the United States racing drones market are Armattan Productions, Rotor Riot, GEPRC, Holybro, TBS (Team BlackSheep), iFlight, BetaFPV, CadX Racing, Emrax (Manufacture Motors), and Brotherhobby (Manufacture Motors). Racing drones from these manufacturers are preferred by expert and beginner pilots alike due to their optimized designs and components.
Growing demand: The demand for racing drones in the country has witnessed substantial growth over the past few years owing to rising interest of generation Z in drone racing as an extreme sport. Manufacturers are coming up with innovative designs and features to attract amateur drone pilots and maintain their competitive edge in the market.
Technological advancement: Continuous technological advancements are taking place in racing drone components like cameras, video transmission systems, flight controllers and brushless motors to enhance durability, flight speeds and pilot experience. Adoption of LiPo battery technology has enabled drones to achieve higher thrust-to-weight ratio and cruise faster.
Market Trends
Miniaturization of racing drones - Manufacturers are designing and developing competitively-built mini racing drones ranging from 80 to 350mm frame size for indoor as well as outdoor drone races. Their compact dimensions make them highly agile and maneuverable to undertake tricks and stunts.
Adoption of digital FPV systems - The integration of digital video transmission technology in FPV systems has enhanced video quality and range experienced by drone pilots. Features like multiple frequency bands, auto-switching and extended transmission range are enhancing pilot ease and experience.
Market Opportunities
Rising number of organized drone racing competitions - Event companies are organizing local, regional and national drone racing leagues and tournaments across America to promote drone racing as an extreme sport. This presents an opportunity for increased sales of racing drones among competitive pilots.
Growth of drone racing simulator games - Availability of realistic drone racing simulator games for mobile platforms is helping amateur pilots to develop piloting skills without investing in an actual racing drone. This presents an opportunity for manufacturers to develop compatible drones for beginners.
Impact Of COVID-19 On United States Racing Drones Market Growth
The COVID-19 pandemic has significantly impacted the growth of the United States racing drones market. During the initial months of the pandemic in 2020, strict lockdowns and travel restrictions enforced across different states caused major disruptions in the supply chain and logistics. This led to delays and postponements in racing drone events and competitions. The sales of racing drones also declined sharply as consumers were cautious about discretionary purchases. However, with lockdowns being gradually lifted from mid-2020, the market saw signs of recovery. Many companies pivoted to online sales channels and live streaming of drone races to continue engaging with customers and enthusiasts. Some individuals also took to racing drones as a new indoor hobby during lockdowns and work-from-home routines, providing a boost to sales. Going forward, as restrictions ease further with vaccinations, the market is expected to pick up pace, backed by rising participation in drone racing leagues and competitions. Companies are also innovating with new racing drone models and accessories.
Geographical Regions With Highest Value Concentration In United States Racing Drones Market
In terms of value, the North-eastern region of the United States accounts for the largest share in the racing drones market. States like New York and Pennsylvania have a high density of drone racing leagues and enthusiast communities. Many national and regional drone racing championships are also regularly organized in cities like New York, Philadelphia and Boston, driving sales. The Western region, led by states like California, Washington and Colorado is another major hotspot. The growing popularity of FPV (First Person View) drone racing coupled with presence of major drone manufacturers has supported market growth here. Annual drone superbowl and championship events held in California especially attract participation of top pilots from across the nation.
Fastest Growing Region In United States Racing Drones Market
The Southern region of the United States is poised to witness the fastest growth in the racing drones market over the forecast period. States like Florida, Texas and North Carolina are emerging as new drone racing hubs. The number of drone clubs and racing leagues organizing events in cities like Miami, Houston, Dallas and Raleigh has surged in recent years. Rising interest among the youth along with support from local government authorities in developing drone sports infrastructure will aid market expansion. Manufacturers are also strengthening distribution networks and retail points in key cities to tap into opportunities. The mild weather conditions allow for year-long racing activities. All these factors are driving double digit growth rates in the Southern region.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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What Are The Key Data Covered In This United States Racing Drones Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the United States Racing Drones's growth between 2024 and 2031.
:- Accurate calculation of the size of the United States Racing Drones and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- United States Racing Drones Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of United States Racing Drones vendors
FAQ’s
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