May 18, 2020- A recent market intelligence report that is published by Data Insights Partner on the global VTOL UAV Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international VTOL UAV Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global VTOL UAV Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global VTOL UAV Market is offered. In accordance with the report, the global VTOL UAV Market is projected to expand at a CAGR of 8% over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
An unmanned aerial vehicle, is an aircraft without a human pilot aboard. The flights are controlled by either remote access by a human operator or through onboard computers. Vertical Take Off and Landing (VTOL UAVs) are UAVs that can take off, hover and land vertically and is usually used for military and civil-commercial applications.
VTOL UAVs are largely used in military service to perform various tasks such as surveillance, acquisition of target, investigation, resc ue operations, protection of ports and coastal areas, battlefield management etc. Due to this, military sector is dominating the vertical land off and landing market globally. VTOL UAVs are largely used in civil and commercial sectors which is the key factor for the growth of this market in the forecast period. With the rising need for oil & gas pipeline inspection, 3D Mapping, aerial photography and recreational activities, the growth in demand of VTOL UAV market is anticipated to increase further. Moreover, growing adoption of VTOL UAVs to carry heavy payload is another factor that drives growth this market globally. VTOL UAV have the ability to carry out various spy missions, due to which the defense forces are adopting this technology for search and rescue operations.
However, stringent government regulations to use VTOL UAVs for commercial applications in a major reason that can hamper the growth of this market. The defense budget by various countries is less, which is yet another restraint for the growth of VTOL UAV market.
The region of North America is expected to dominate the VTOL UAV market due to its major spending on military activities. North America is increasing its use of drones for monitoring the growing concerns of terrorism and security, thereby directly increasing its demand for VTOL UAV market. The rise in technological advancement to develop high performance VTOL UAVs and delivery and logistics can create high revenue opportunities for players in this market.
Segment Covered:
This market intelligence report on the global VTOL UAV Market encompasses market segments based on product type, application, size, payloads and country/regions.
In terms of type, the global VTOL UAV Market is segregated into :
- Helicopter
- Multicopter
- Hybrid
- Others
By application, the global VTOL UAV Market is also classified into :
- Military
- Homeland Security
- Civil
- Commercial
- Others
By size, the global VTOL UAV Market is also classified into :
- Large
- Medium
- Small
- Micro
By payloads, the global VTOL UAV Market is also classified into :
- ISR
- Cameras
- Telemetry
- Sensors
- Autopilot
By country/region, the global VTOL UAV Market has been divided into :
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- Aerovironment Inc.
- Israel Aerospace Industries
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Aeyron Labs
- Aibotrix GmBH
- American Dynamics
- BAE Systems
- DJI Technology Co. Ltd
- Prox Dynamics
- SAAB AB and many more
Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as VTOL UAV related investment & spending and developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Salient Features:
- This study offers comprehensive yet detailed analysis of the VTOL UAV Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
- It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
- This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
- Profiling of key market players in the world VTOL UAV Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
- Leading market players covered this report comprise names such as AeroVironment, Israel Aerospace, Lockheed Martin, Northrop Grumman, SAAB and many more.
- The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
- The world market for VTOL UAV Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for VTOL UAV Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
- Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
- Reports have been made based on the guidelines as mandated by General Data Protection Regulation
- Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the VTOL UAVMarket
- Identification of key factors driving investment opportunities in the VTOL UAV Market
- Facilitate decision-making based on strong historic and forecast data
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Develop strategies based on the latest regulatory events
- Identify key partners and business development avenues
- Respond to your competitors’ business structure, strategy and prospects
- Identify key strengths and weaknesses of important market participants
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