Racing Drones Market

By Type;

RTF & RTR, BNF and ARF

By Component;

FPV Goggles, FPV Remote Controllers, Cameras, Battery, Flight Controller, Airframe, Motor, Processor and Others

By Size;

300 mm

By Application;

Rotor Cross, Drag Racing, Time Trial and Others

By Industry Vertical;

Commercial, Aerospace & Defense, Consumer Electronics, Healthcare and Others

By Geography;

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

Racing Drones Market Overview

Racing Drones Market (USD Million)

Racing Drones Market was valued at USD 1,138.70 million in the year 2024. 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%.


Racing Drones Market

*Market size in USD million

CAGR 21.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)21.5 %
Market Size (2024)USD 1,138.70 Million
Market Size (2031)USD 4,450.86 Million
Market ConcentrationLow
Report Pages315
1,138.70
2024
4,450.86
2031

Major Players

  • DJI
  • Yuneec International Co. Ltd.
  • UVify Inc.
  • Hubsan
  • Spin Master Ltd.
  • Guangzhou Walkera Technology CO., LTD
  • Odyssey Toys, LLC
  • Eachine
  • Parrot Drones SAS
  • ImmersionRC Limited
  • YINYAN Model Tech MFT
  • Tian Yu Hi-tech Co. Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Racing Drones Market

Fragmented - Highly competitive market without dominant players


The Racing Drones Market is rapidly evolving with rising demand for high-performance drones built for speed and agility. Growing interest in drone competitions and technological improvements in design have led nearly 30% of drone users to choose racing-specific models. This momentum is expanding the market’s visibility among both enthusiasts and professionals.

Key Drivers of Growth
A major driver of this growth is the increasing popularity of organized drone racing tournaments and recreational leagues. Surveys reveal that around 40% of drone hobbyists actively participate in racing events, highlighting a vibrant community. Sponsorship deals and the presence of professional leagues are further strengthening the industry’s foundation.

Advancements in Technology
Technological advancements are another core factor fueling adoption. The integration of AI-powered navigation and immersive FPV systems has made racing drones more user-friendly and engaging. Approximately 45% of recently launched models feature enhanced imaging and navigation tools, providing racers with better control and real-time performance improvements.

Opportunities and Collaborations
Industry players are increasingly focusing on collaborations, partnerships, and innovation. Nearly 35% of drone makers are entering alliances with leagues or tech firms to create specialized racing products. These strategic moves not only enhance competitiveness but also broaden the appeal of racing drones across different consumer groups.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Component
    3. Market Snapshot, By Size
    4. Market Snapshot, By Application
    5. Market Snapshot, By Industry Vertical
    6. Market Snapshot, By Region
  4. 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. Racing Drones Market, By Type, 2021 - 2031 (USD Million)
      1. RTF & RTR
      2. BNF
      3. ARF
    2. Racing Drones Market, By Component, 2021 - 2031 (USD Million)
      1. FPV Goggles
      2. FPV Remote Controllers
      3. Cameras
      4. Battery
      5. Flight Controller
      6. Airframe
      7. Motor
      8. Processor
      9. Others
    3. Racing Drones Market, By Size, 2021 - 2031 (USD Million)
      1. 300 mm
    4. Racing Drones Market, By Application, 2021 - 2031 (USD Million)
      1. Rotor Cross
      2. Drag Racing
      3. Time Trial
      4. Others
    5. Racing Drones Market, By Industry Vertical, 2021 - 2031 (USD Million)
      1. Commercial
      2. Aerospace & Defense
      3. Consumer Electronics
      4. Healthcare
      5. Others
    6. 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