The Latest Released VTOL UAV market study has evaluated the future growth potential of VTOL UAV market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the VTOL UAV market. The study includes market share analysis and profiles of players such as DJI (China), Boeing (United States), Airbus (France), Textron (United States), Lockheed Martin (United States), Northrop Grumman (United States), Ehang (China), Bell Flight (United States), Aurora Flight Sciences (United States), Vertical Aerospace (United Kingdom), AeroVironment (United States), General Atomics (United States), Yuneec International (China), Elistair (France).
If you are a VTOL UAV manufacturer and would like to check or understand the policy and regulatory proposals, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends.
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According to HTF Market Intelligence, the Global VTOL UAV market to witness a CAGR of % during forecast period of 2023-2029. The market is segmented by Application (Aerial Photography and Videography, Search and Rescue, Agriculture, Others) by Type (Multirotor, Fixed-Wing, Tiltrotor, Others) by End-User (Military and Defence, Farmers, Oil and Gas Industry, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The VTOL UAV market size is estimated to increase by USD at a CAGR of % from 2023 to 2029. The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD
Definition:
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. presently, key market players are focusing on the development of electrically powered vertical takeoff and landing (EVTOL) drone for collecting surveillance data about critical infrastructure. This, in turn, the growth in the demand of VTOL UAV globally in the upcoming years.
Market Trends:
- Increasing Need for Enhanced Surveillance
Market Drivers:
- Increasing Preference for Modern Warfare Techniques By Defense Forces
- Rise in Demand for Drones in Surveillance of Agriculture Products
Market Opportunities:
- Growing Demand of Drones for Non-Military Application Developing Economies
- Modernization of Military with Respect to Advanced Technology
Revenue and Sales Estimation — Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.
SWOT Analysis on VTOL UAV Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.
Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.
Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of VTOL UAV
• Regulation and its Implications
• Other Compliances
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: DJI (China), Boeing (United States), Airbus (France), Textron (United States), Lockheed Martin (United States), Northrop Grumman (United States), Ehang (China), Bell Flight (United States), Aurora Flight Sciences (United States), Vertical Aerospace (United Kingdom), AeroVironment (United States), General Atomics (United States), Yuneec International (China), Elistair (France).
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Some Extracts from VTOL UAV Market Study Table of Content
VTOL UAV Market Size (Sales) Market Share by Type (Product Category) [Multirotor, Fixed-Wing, Tiltrotor, Others] in 2023
VTOL UAV Market by Application/End Users [Aerial Photography and Videography, Search and Rescue, Agriculture, Others]
Global VTOL UAV Sales and Growth Rate (2019-2029)
VTOL UAV Competition by Players/Suppliers, Region, Type, and Application
VTOL UAV (Volume, Value, and Sales Price) table defined for each geographic region defined.
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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