Global Fixed-wing VTOL UAV Market, By Range (Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS), Beyond Line of Sight (BLOS)), MTOW (<25 Kilograms, 25-170 Kilograms, >170 Kilograms), Propulsion (Electric, Hybrid, Gasoline), Endurance (<5 hours, 5 – 10 hours, > 10 hours), Mode of Operation (Remotely Piloted, Optionally Piloted, Fully Autonomous), Application (Border Management, Traffic Monitoring, Firefighting & Disaster Management, Search & Rescue, Police Operations & Investigations, Maritime Security), Vertical (Military, Commercial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Fixed-wing VTOL UAV Market
The fixed-wing VTOL UAV market is expected to witness market growth at a rate of 19.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on fixed-wing VTOL UAV market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of the automotive sector globally is escalating the growth of fixed-wing VTOL UAV market.
A fixed-wing VTOL (Vertical Take-off and Landing) UAV (Unmanned Aerial Vehicle) refers to a fixed wing drone that is capable of taking off, flying and landing vertically as well as hover in place. These drones can independently and safely take off and land vertically with highly sensitive sensors on a small area. They are known to perform effectively in the most difficult terrain with minimal noise.
The increase in use of fixed-wing VTOL UAVs in military applications acts as one of the major factor driving the growth of the fixed-wing VTOL UAV market. The rise in deployment of fixed-wing VTOL UAVs to carry out aerial remote sensing, and increase in popularity of fixed-wing VTOL UAVs in military applications accelerate the market growth. The rise in the popularity of fixed-wing VTOL UAVs in life-threatening military missions, and use of fixed-wing VTOL UAVs in advanced patrolling of marine borders further influence the market. Additionally, growth of the heavy engineering industry, use of fixed-wing VTOL UAVs in life-threatening military missions, rapid urbanization and use of modern warfare techniques positively affect the fixed-wing VTOL UAV market. Furthermore, use of fixed-wing VTOL UAVs for cargo delivery in military and commercial applications, and technological developments in the field of drone payloads extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, restrictions imposed on the commercial use of UAVs in various countries and threats to safety and violation of privacy are expected to obstruct the market growth. Lack of skilled & trained personnel to operate fixed-wing VTOL UAVs and lack of proper air traffic management for UAVs are projected to challenge the fixed-wing VTOL UAV market in the forecast period of 2021-2028.
This fixed-wing VTOL UAV market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fixed-wing VTOL UAV market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fixed-wing VTOL UAV Market Scope and Market Size
The fixed-wing VTOL UAV market is segmented on the basis of range, MTOW, propulsion, endurance, mode of operation, application and vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of pillar type, the fixed-wing VTOL UAV market is segmented into visual line of sight (VLOS), extended visual line of sight (EVLOS), and beyond line of sight (BLOS).
- On the basis of MTOW, the fixed-wing VTOL UAV market is segmented into <25 kilograms, 25-170 kilograms, and >170 kilograms.
- On the basis of propulsion, the fixed-wing VTOL UAV market is segmented into electric, hybrid and gasoline.
- On the basis of endurance, the fixed-wing VTOL UAV market is segmented into <5 hours, 5 – 10 hours, and > 10 hours.
- On the basis of mode of operation, the fixed-wing VTOL UAV market is segmented into remotely piloted, optionally piloted and fully autonomous.
- On the basis of application, the fixed-wing VTOL UAV market is segmented into border management, traffic monitoring, firefighting & disaster management, search & rescue, police operations & investigations, and maritime security.
- On the basis of vertical, the fixed-wing VTOL UAV market is segmented into military and commercial. Military is further segmented into intelligence, surveillance, and reconnaissance (ISR), combat operations and battle damage management. Commercial is further segmented into inspection & monitoring, remote sensing, surveying & mapping, product delivery, agriculture, aerial imaging and others.
Fixed-wing VTOL UAV Market Country Level Analysis
The fixed-wing VTOL UAV market is analyzed and market size, volume information is provided by country, range, MTOW, propulsion, endurance, mode of operation, application and vertical as referenced above.
The countries covered in the fixed-wing VTOL UAV market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the fixed-wing VTOL UAV market due to the high demand for fixed-wing VTOL UAVs for traffic monitoring, disaster management, and law enforcement operations within the region. Europe is expected to witness high growth during the forecast period of 2021 to 2028 because of the increased utilization of VTOL UAVs in intelligence, surveillance, and reconnaissance (ISR) applications.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fixed-wing VTOL UAV Market Share Analysis
The fixed-wing VTOL UAV market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fixed-wing VTOL UAV market.
The major players covered in the fixed-wing VTOL UAV market report are General Atomics, Northrop Grumman Corporation, Israel Aerospace Industries Ltd., AeroVironment, Inc, Lockheed Martin Corporation., Boeing., AERONAUTICS, Saab AB, Thales Group, DJI, Parrot Drone SAS., 3DR., Textron Systems., BAE Systems., Raytheon Company, EHang, ECA GROUP, YUNEEC, MICRODRONES, and Elbit Systems Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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