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FPV Drone Market Trends Highlight the Rise of Racing and Freestyle Drones

The Global FPV Drone Market size was valued at USD 117 Million in 2023 and the total FPV Drone Market revenue is expected to grow at a CAGR of 19.03% from 2024 to 2030, reaching nearly USD 396.10 Million.<br><br>Read More :https://www.maximizemarketresearch.com/market-report/fpv-drone-market/211053/

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FPV Drone Market Trends Highlight the Rise of Racing and Freestyle Drones

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  1. FPV Drone MarketGlobal Analysis Report 2024-2030 Published by: Rajnandini, Research Analyst

  2. Market Size & Overview: The global FPV (First-Person View) drone market was valued at approximately USD 117 million in 2023 and is projected to reach nearly USD 396.10 million by 2030, growing at a CAGR of 19.03% from 2024 to 2030. This growth is driven by the versatility and efficiency of drones across various applications, including climate change monitoring, goods transportation, search and rescue operations, and content creation.

  3. Market Growth & Opportunities Sample Request The FPV drone market is experiencing significant growth due to the rising popularity of drone racing and the integration of drones into diverse industries such as travel, real estate, automotive, retail, sports, and fine arts. The immersive experience provided by FPV technology enhances safety, reduces legal restrictions, and offers unique artistic perspectives, making it increasingly attractive for commercial and recreational use.

  4. Market Segmentation by Application • Rotor Cross • Drag Racing • Time Trail Others by End-User • Commercial • Aerospace & Defense • Consumer Electronics • Healthcare • Other by Component Type • FPV Goggles • FPV Remote Controllers • Cameras • Battery • Flight Controller • Airframe • Motor • Processors • Others

  5. Regional Analysis: • North America: This region leads the FPV drone market, attributed to technological advancements and the early adoption of drone technology across various sectors. The presence of major drone manufacturers and a robust regulatory framework support market growth. • Europe: Europe holds a significant share of the FPV drone market, driven by the increasing use of drones in industries such as agriculture, real estate, and media. The region's focus on innovation and supportive policies has facilitated the integration of FPV drones into commercial applications. • Asia-Pacific (APAC): APAC is expected to witness the highest growth rate in the FPV drone market during the forecast period. Factors such as the growing popularity of drone racing, advancements in drone technology, and supportive government initiatives contribute to this rapid expansion.

  6. Regional Analysis Customized Report Request

  7. Merges and Acquisition Buy This Report • Unusual Machines' Acquisition of Fat Shark Holdings and Rotor Riot LLC: In 2024, Unusual Machines, Inc. completed the acquisition of Fat Shark Holdings, Ltd., a leading manufacturer of FPV headsets, and Rotor Riot LLC, a prominent FPV drone company. • Airbus Helicopters' Acquisition of Aerovel: Earlier in 2024, Airbus Helicopters acquired Aerovel, securing access to the Flexrotor drone technology. This acquisition enhances Airbus's capabilities in the drone sector, particularly in FPV technology. • Infinite Reality's Acquisition of the Drone Racing League (DRL): In April 2024, Infinite Reality (iR) announced a $250 million acquisition of the Drone Racing League, aiming to combine DRL's high-tech, AI-powered sports ecosystem with iR’s expertise in virtual experiences.

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

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