VTOL UAV Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030
The report offers detailed coverage of VTOL UAV industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading VTOL UAV by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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 2022. 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.
The report forecast global VTOL UAV market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global VTOL UAV market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
At the same time, we classify VTOL UAV according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Small Sized VTOL UAV (Market by ApplicationBy Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the VTOL UAV market for the forecast period 2023 - 2030?
• What are the driving forces in the VTOL UAV market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the VTOL UAV industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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