Rotary Vertical Take Off and Landing (VTOL) UAV Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Aerospace and Defence | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC803

Introduction

Rotary Vertical Take Off and Landing (VTOL) Unmanned Aerial Vehicle (UAV) is made of carbon fiber, which makes it light, robust and resistant to poor weather. These systems are mostly designed with ingress protection level IP54 to assure processes and performance in harsh environments. Various components used in UAV are camera, battery, propulsion system, controller, sensor and navigation system others. New developmental approaches with services as well as developing market are expected to propel the growth of this market in coming years.

Market Dynamics

Increased aerial transportation and drone delivery systems are driving the expansion of the market. In addition, reduction in carbon footprint, emerging technological innovation, cost effective and access to remote areas further drive the market penetration. However, new technology without adequate testing may increase failure rate eventually could sluggish market growth. New UAV services for developmental approaches as well dynamic nature of emerging market for UAV software are expected to propel the market growth in the forecast period.

Market Classification

The market can be bifurcated on the basis of types, payload, component and geography. By types, rotary VTOL UAV market can be segmented into commercial drones and military drones. Furthermore, commercial drones are sub-segmented into fixed-wing drones and VTOL drones. Also, VTOL drones are further bifurcated into nano drones, hybrid drones and rotary blade drones. Military drones are further sub-segmented into medium-altitude long-endurance (MALE) UAVs, unmanned combat air systems (UCAS), small tactical unmanned aircraft systems (STUAS), and high-altitude long-endurance (HALE) UAVs. By component, rotary VTOL UAV market can be segmented into camera, battery, propulsion system, controller, sensor, navigation system and others such as range extender and frame. By payload, rotary VTOL UAV market can be segmented into commercial drones (up to 25 kg) and military drones. Military drones are further sub segmented on the basis of size such as up to 150 kg, up to 600 kg and more than 600 kg. On the basis of geography, the rotary VTOL UAV market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Rotary VTOL UAV Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Types, Payload, Component, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis,

Competitive Analysis, Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players involved in rotary VTOL UAV market include Da-Jiang Innovations, AeroVironment, Inc., Science and Technology Co., Ltd., Parrot SA, Lockheed Martin Corporation and SenseFly SA among others.

Market Segmentation

Market By Types

  • Commercial Drones
    • Fixed-Wing Drones
    • VTOL Drones
      • Rotary Blade Drones
      • Nano Drones
      • Hybrid Drones
  • Military Drones
    • Small Tactical Unmanned Aircraft Systems (STUAS)
    • Medium-Altitude Long-Endurance (MALE) UAVs
    • High-Altitude Long-Endurance (HALE) UAVs
    • Unmanned Combat Air Systems (UCAS)

Market By Payload

  • Commercial Drones (Up to 25 kg)
  • Military Drones
    • Up to 150 kg
    • Up to 600 kg
    • More than 600 kg

Market By Component

  • Camera
  • Battery
  • Propulsion System
  • Controller
  • Sensor
  • Navigation System
  • Others (Range Extender, Frame)

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of LATAM
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

 


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