United States Racing Drones Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

United States Racing Drones Market is Segmented By Type (Ready-to-Fly (RTF), Bind-and-Fly (BNF), Plug-and-Play (PNP)/Plug-and-Fly (PNF), By Size ( ≤ 1....

United States Racing Drones Market Size

Market Size in USD

CAGR18.1%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR18.1%
Market ConcentrationHigh
Major PlayersArmattan Productions, Rotor Riot, GEPRC, Holybro, TBS (Team BlackSheep)
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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United States Racing Drones Market Analysis

The United States Racing Drones Market is estimated to be valued at USD 353.01 Mn in 2024 and is expected to reach USD 1,333.19 Mn by 2031, growing at a CAGR of 18.1% from 2024 to 2031.

Factors such as increasing popularity of drone racing as a sport, enhanced drone features with advanced technologies, and rising discretionary spending on hobbyist drones have been driving the market.