Global Racing Drones Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Setup;

Ready-to-fly (RTF), Bind-and-fly (BNF), and Plug-and-play (PNP)/Plug-and-fly (PNF).

By Component;

FPV Goggles, FPV Remote Controllers, Cameras, Batteries, Motors, ECSs, Flight Controllers, and Others.

By Size;

100 mm, 100–200 mm, 200–300 mm, and 300 mm.

By Motor Type;

Brushed Motors, and Brushless Motors.

By Application;

Sport Racing, Freestyle Racing, Drone Cinematography, and Drone Surveillance.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn198748042 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Racing Drones Market (USD Million), 2021 - 2031

In the year 2024, the Global Racing Drones Market was valued at USD 1,138.70 million. The size of this market is expected to increase to USD 4,450.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 21.5%.

The global racing drones market is experiencing dynamic growth and innovation, fueled by a surge in interest among enthusiasts, technological advancements, and the growing popularity of drone racing as a competitive sport. Racing drones, also known as FPV (First Person View) drones, are specialized unmanned aerial vehicles (UAVs) designed for high-speed racing and aerial maneuvers. These drones are equipped with advanced cameras, real-time video transmission systems, and precision control mechanisms, enabling pilots to navigate through challenging courses at exhilarating speeds.

One of the key drivers of growth in the racing drones market is the expanding community of drone racing enthusiasts worldwide. Amateur and professional drone pilots alike are drawn to the adrenaline-fueled excitement of FPV racing, which combines the thrill of flying with the competitive spirit of motorsport. The rise of online platforms, social media, and dedicated drone racing leagues has further fueled interest in the sport, fostering a vibrant ecosystem of pilots, teams, and events.

Technological innovation is also driving the evolution of the racing drones market, with manufacturers continually pushing the boundaries of performance, agility, and aerodynamics. Advances in drone hardware, such as lightweight materials, powerful motors, and efficient battery technologies, are enabling drones to achieve faster speeds and greater maneuverability. Additionally, developments in flight control systems, firmware, and FPV goggles are enhancing the immersive racing experience for pilots, providing real-time feedback and telemetry data to optimize performance.

The global racing drones market is benefiting from increased investment and sponsorship from both traditional sports organizations and technology companies. Major events such as the Drone Racing League (DRL) and the World Drone Prix have attracted significant media attention and corporate sponsorship, elevating the profile of drone racing as a mainstream sport. As the industry continues to mature and infrastructure for organized competitions expands, the racing drones market is poised for continued growth, offering new opportunities for innovation, excitement, and entertainment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Setup
    2. Market Snapshot, By Component
    3. Market Snapshot, By Size
    4. Market Snapshot, By Motor Type
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. Global Racing Drones Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Enthusiast Community
        2. Technological Advancements
        3. Rise of Competitive Drone Racing Leagues
        4. Corporate Sponsorship and Investment
      2. Restraints
        1. Regulatory Challenges
        2. High Cost of Entry
        3. Limited Public Awareness
        4. Safety Concerns and Risk Management
      3. Opportunities
        1. Expansion of International Events
        2. Development of New Racing Formats
        3. Integration with Emerging Technologies
        4. Diversification of Product Offerings
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Racing Drones Market, By Setup, 2021 - 2031 (USD Million)
      1. Ready-to-fly (RTF)
      2. Bind-and-fly (BNF)
      3. Plug-and-play (PNP)/Plug-and-fly (PNF)
    2. Global Racing Drones Market, By Component, 2021 - 2031 (USD Million)
      1. FPV Goggles
      2. FPV Remote Controllers
      3. Cameras
      4. Batteries
      5. Motors
      6. ECSs
      7. Flight Controllers
      8. Others
    3. Global Racing Drones Market, By Size, 2021 - 2031 (USD Million)
      1. 100 mm
      2. 100–200 mm
      3. 200–300 mm
      4. 300 mm
    4. Global Racing Drones Market, By Motor Type, 2021 - 2031 (USD Million)
      1. Brushed Motors
      2. Brushless Motors
    5. Global Racing Drones Market, By Application, 2021 - 2031 (USD Million)
      1. Sport Racing
      2. Freestyle Racing
      3. Drone Cinematography
      4. Drone Surveillance
    6. Global Racing Drones Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DJI
      2. Yuneec International Co. Ltd.
      3. UVify Inc.
      4. Hubsan
      5. Spin Master Ltd.
      6. Guangzhou Walkera Technology CO., LTD
      7. Odyssey Toys, LLC
      8. Eachine
      9. Parrot Drones SAS
      10. ImmersionRC Limited
      11. YINYAN Model Tech MFT
      12. Tian Yu Hi-tech Co. Ltd
  7. Analyst Views
  8. Future Outlook of the Market