VTOL UAV Market

The global VTOL UAV market was valued at 138.58 Million USD in 2021 and will grow with a CAGR of 8.68% from 2021 to 2027, based on Research newly published report.

The prime objective of VTOL UAV Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, VTOL UAV Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

An unmanned aerial vehicle (UAV), commonly known as a drone, as an unmanned aircraft system (UAS), or by several other names, is an aircraft without a human pilot aboard. The flight of UAVs may operate with various degrees of autonomy: either under remote control by a human operator, or fully or intermittently autonomously, by onboard computers. Compared to manned aircraft, UAVs are often preferred for missions that are too "dull, dirty or dangerous" for humans. They originated mostly in military applications, although their use is expanding in commercial, scientific, recreational, agricultural, and other applications, such as policing and surveillance, aerial photography, agriculture and drone racing.As for the global VTOL UAV industry, the top three manufacturers have 82.79% revenue market share in 2015. The Chinese giant DJI, which has 62.03% market share in 2015, is the leader in the VTOL UAV industry. The manufacturers following are Parrot SA, 3D Robotics and AscTec, which respectively has 14.66%, 2.10% and 0.68% market share globally. The revenue of global VTOL UAV sales market has a rising from 709.31 m dollars in 2014 to 1235.00 m dollars in 2015, and it`s respected to reach 2049.42 m dollars in 2021. The high suitability of VTOL UAVs for civil applications is one of the key drivers for this market. The downstream industries of VTOL UAV products are Military, Homeland Security and Civil & Commercial. In the recent years, the demand of for VTOL UAVs for civil and commercial applications is growing, and the ability of VTOL UAVs to aid in these industries, will certainly result in market growth during the predicted period too. Although sales of VTOL UAV products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the VTOL UAV field hastily.

By Market Verdors:

• DJI
• PARROT
• 3D Robotics
• AscTec
• Yamaha
• XAIRCRAFT
• ZERO TECH
• Ehang
• IAI
• CybAero
• Alpha Unmanned Systems
• Microdrones
• Ewatt
• Hanhe
• GoPro
• LONCIN MOTOR

By Types:

• Small Sized VTOL UAV (<150 Kg)
• Large Sized VTOL UAV (?150 Kg)

By Applications:

• Military
• Homeland Security
• Civil & Commercial

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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