Report Description
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:
Ø
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
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
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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
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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
Ø
Leading
market players covered this report comprise names such as AeroVironment, Israel
Aerospace, Lockheed Martin, Northrop Grumman, SAAB and many more.
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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
Ø
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
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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
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
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Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the VTOL UAV Market
v
Identification
of key factors driving investment opportunities in the VTOL UAV Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants