Dublin, May 16, 2024 (GLOBE NEWSWIRE) -- The "Fixed-Wing VTOL UAV Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global fixed-wing VTOL UAV market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 22.3% from 2024 to 2030.
The future of the market looks promising with opportunities in the military, government & law enforcement, and commercial markets. The major drivers for this market are growing demand from military applications, increasing adoption of technologically advanced runway less unmanned aerial military platforms by defense sectors, and rising environmental benefits.
Fixed-Wing VTOL UAV by Segment
The study includes a forecast for the global fixed-wing VTOL UAV by propulsion type, mode of operation, range, application, and region.
Fixed-Wing VTOL UAV Market by Propulsion Type [Shipment Analysis by Value from 2018 to 2030]:
- Electric
- Gasoline
- Hybrid
Fixed-Wing VTOL UAV Market by Mode of Operation [Shipment Analysis by Value from 2018 to 2030]:
- Remotely Piloted
- Optionally Piloted
- Fully Autonomous
Fixed-Wing VTOL UAV Market by Range [Shipment Analysis by Value from 2018 to 2030]:
- Beyond Line of Sight
- Extended Visual Line of Sight
- Visual Line of Sight
Fixed-Wing VTOL UAV Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Military
- Government & Law Enforcement
- Commercial
- Others
Fixed-Wing VTOL UAV Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Fixed-Wing VTOL UAV Market Insights
- Hybrid is expected to witness the highest growth over the forecast period as it ensures longer flight times and larger payload capacities.
- Military will remain the largest segment due to the growing use of these UAVs for border monitoring, thermal imaging, aerial remote sensing, and surveillance.
- North America will remain the largest region over the forecast period due to strong demand for fixed-wing VTOL UAVs for use in a variety of industries, including product delivery, agriculture, maritime security, firefighting and disaster management.
List of Fixed-Wing VTOL UAV Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fixed-wing VTOL UAV companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fixed-wing VTOL UAV companies profiled in this report include:
- ALTI
- Ukrspecsystems
- Threod Systems
- Quantum Systems
- Vertical Technologies
- AeroVironment
- Textron
Features of the Report
- Market Size Estimates: Fixed-wing VTOL UAV market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Fixed-wing VTOL UAV market size by various segments, such as by propulsion type, mode of operation, range, application, and region in terms of value ($B).
- Regional Analysis: Fixed-wing VTOL UAV market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different propulsion types, mode of operation, ranges, applications, and regions for the fixed-wing VTOL UAV market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fixed-wing VTOL UAV market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
For more information about this report visit https://www.researchandmarkets.com/r/e5jlca
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