Vertical Take-off and Landing (VTOL) UAV Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Platform (Commercial and Military), Type (Fixed-Wing and Multi-rotor), Propulsion System (Electric, Solar, Hybrid, and Others) and Region– Forecast till 2023
Pune , India - April 25, 2019 /MarketersMedia/ —
Vertical Take-off and Landing UAV Market – Overview
The rapid application of drones by the end users has increased the pace of innovation in the vertical take-off and landing UAV market. Market reports linked to the aerospace technology industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The market is perceived to achieve a CAGR of 15% in the duration of the forecast period.
The need to reduce human presence in the aviation sector, especially for the non-crucial applications is fuelling the development of the vertical take-off and landing UAVs. The increasing demand from the military sector is expected to be the key influencer for demand in the market for vertical take-off and landing UAV. Moreover, the increasing investments by government authorities is anticipated to boost the market for vertical take-off and landing UAV in the duration of the forecast period.
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Competitive Analysis
The competitive outlook for the market is expected to diversify significantly in the coming period. The developments in the market are expected to be fuelled by the rise in investments and product innovations. The competitors are proactively addressing the challenges to growth and are crafting strategies that can have the best overall effect on the market's progress. The market leaders are taking an interest in the creation of strong value chains that can yield increased profits. The opportunities for growth in the market have ample scope for development in the forecast period. The market challengers find themselves in a promising position with the capacity to handle the pace of change. The perceived tendency for the market’s growth has increased following the availability of positive factors in the market.
The central companies in the vertical take-off and landing UAV market globally are-
• DJI Innovations (China)
• Lockheed Martin Corporation (U.S.)
• Saab Group (Sweden)
• The Boeing Company (U.S.)
• Schiebel Elektronische Gerate GmbH (Austria)
• AeroVironment Inc. (U.S.)
• Northrop Grumman Corporation (U.S.)
• Textron Inc. (U.S.)
• Israel Aerospace Industries Ltd. (Israel)
• Turkish Aerospace Industries Inc. (Turkey)
Industry Updates:
A startup, Sabrewing Aircraft Company, Inc., that has created and is assembling an unmanned Vertical Take Off and Landing (VTOL) Group 5 regional cargo carrier drone, has recently announced that it has invited substantial investment from the Drone Fund, Idaten Ventures, and quite a few other investors. The Drone Fund was the principal investor, offering $1.8M in funding; with Idaten Fund and other backers each financing in the round as well.
Segmental Analysis
The segmental analysis of the vertical take-off and landing UAV market is conducted on the basis of platform, type, propulsion system, and region. On the basis of platform, the vertical take-off and landing UAV market is segmented into military and commercial. The type-based segmentation of the vertical take-off and landing UAV market consists of multi-rotor and fixed-wing. Based on propulsion system, the vertical take-off and landing UAV market consists of electric, solar, hybrid, and others. The regions counted in the vertical take-off and landing UAV market are Latin America, Europe, Asia Pacific, North America and the Middle East and Africa.
Detailed Regional Analysis
The regional analysis of the vertical take-off and landing UAV market includes regions such as Latin America, Europe, Asia Pacific, North America and the Middle East and Africa. The North American region is accountable for the major share of the global market in the year 2017 as the U. S. Navy is involved in the expansion of VTOL UAVs, which can be combined with the naval fleet for sea-based surveillance. Also, the region is participating in the expansion of multipurpose VTOL UAVs for many land-based military operations, to deliver robust support to the armed forces. It directs the global market in terms of spending and technological developments and also has employed several drones. The U.S. creates a very high demand for drones applied for surveillance purposes.
Table of Content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Bargaining Power of Suppliers
3.1.4 Threat of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/supply Chain Analysis
Continued........
List of Tables
Table 1 Global Vertical Take-off and Landing Uav Market: by Region, 2018-2023
Table 2 North America Vertical Take-off and Landing Uav Market: by Country, 2018-2023
Table 3 Europe Vertical Take-off and Landing Uav Market: by Country, 2018-2023
Table 4 Asia Pacific Vertical Take-off and Landing Uav Market: by Country, 2018-2023
Table 5 Row Vertical Take-off and Landing Uav Market: by Country, 2018-2023
Table 6 Global Vertical Take-off and Landing Uav Market by Platform by Regions, 2018-2023
Table 7 North America Vertical Take-off and Landing Uav Market by Platform: by Country, 2018-2023
Table 8 Europe Vertical Take-off and Landing Uav Market by Platform: by Country, 2018-2023
Continued.......
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continued......
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