Market Overview:
The global fixed-wing VTOL aircraft market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of XX% during the forecast period. The growth of the market can be attributed to the increasing demand for unmanned aerial vehicles (UAVs) for commercial and military applications. Based on type, the global fixed-wing VTOL aircraft market has been segmented into fixed-wing VTOL manned aircraft and fixed-wing VTOL hybrid UAV. The manned aircraft segment is expected to account for a major share of the global market during the forecast period. This can be attributed to their ability to carry heavy payloads and cover long distances without refuelling. Based on application, the commercial segment is expected to dominate the global market during 2018–2030 owing to rising demand for UAVs from various industries such as agriculture, media & entertainment, logistics & transportation, etc., For law enforcement applications; it will continue being used extensively across different parts of world due stringent security norms globally .
Product Definition:
Fixed-wing VTOL aircraft are planes that can take off and land vertically, without the need for a runway. This makes them ideal for use in cramped or inaccessible locations, such as cities or battlefields. They are also often used for cargo transport and search-and-rescue missions.
Fixed-Wing VTOL Manned Aircraft:
Fixed-wing VTOL (Manned) Aircraft is a type of aircraft that uses both fixed and rotary wings at the same time, which is operated by a single pilot using flight controls. The Fixed-wing VTOL market has been growing rapidly over the past few years owing to increasing demand for Personal Air Transportation (PAT) with improved efficiency as compared to helicopters.
Fixed-Wing VTOL Hybrid UAV:
The Fixed-wing VTOL Hybrid UAV is a type of Unmanned Aerial Vehicle (UAV) that combines fixed wing andVTOL capabilities. It has been designed primarily for commercial applications, such as security, law enforcement and surveillance. The FHVTH can be used in various vertical take-off and landing modes to suit the application requirements. It offers benefits such as short field operations, fuel economy, reduced noise levels during flight etc.
Application Insights:
Commercial application segment dominated the global fixed-wing VTOL aircraft market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth over the forecast period owing to increasing demand from various commercial applications such as air taxi services, medical transport services, and aerial photography and mapping services among others.
The military application segment is projected to witness considerable growth during the forecast period on account of growing defense expenditure by major countries including U.S., China, Russia and India among others which are focusing on developing advanced weapons systems for their armed forces thereby promoting adoption of fixed-winged vertical takeoff aircraft across military bases worldwide which would boost product demand in near future.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing demand for military and law enforcement aircraft. Moreover, rising demand for commercial fixed-wing vertical take-off and landing aircraft is also likely to drive regional growth over the next eight years.
Asia Pacific is anticipated to be one of the fastest growing regions due to increasing adoption by countries such as China, India, Japan, South Korea among others.
Europe has been witnessing increased adoption rates by various countries across all application areas since past few years which has resulted into an increase in sales volumes especially within European Union (EU).
Growth Factors:
- Increasing demand for air travel: The global air travel market is expected to grow at a CAGR of 5.8% from 2016 to 2021, reaching a value of US$ 762.8 billion by 2021. This growth can be attributed to the increasing number of passengers travelling by air, rising disposable incomes and the development of new airports and aviation infrastructure in emerging markets.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) is contributing significantly to the increase in air traffic across the globe. LCCs account for around one-third of total global passenger traffic and are growing at a faster pace than full-service airlines (FSAs). This is primarily due to their lower fares and increased focus on customer satisfaction.
- Development of next-generation aircraft technologies: Aircraft manufacturers are investing heavily in developing next-generation aircraft technologies such as hybrid or electric propulsion systems, advanced materials and autonomous flying capabilities that will help reduce fuel consumption and emissions, improve safety and reduce pilot workloads..
Scope Of The Report
Report Attributes
Report Details
Report Title
Fixed-Wing VTOL Aircraft Market Research Report
By Type
Fixed-Wing VTOL Manned Aircraft, Fixed-Wing VTOL Hybrid UAV
By Application
Commercial, Law Enforcement, Military
By Companies
AeroVironment, Textron Systems, Bell, Boeing, Arcturus UAV, leonardo Company, Aurora Flight Sciences, Airbus Group, Lockheed Martin, AeroVironment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Fixed-Wing VTOL Aircraft Market Report Segments:
The global Fixed-Wing VTOL Aircraft market is segmented on the basis of:
Types
Fixed-Wing VTOL Manned Aircraft, Fixed-Wing VTOL Hybrid UAV
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Law Enforcement, Military
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AeroVironment
- Textron Systems
- Bell
- Boeing
- Arcturus UAV
- leonardo Company
- Aurora Flight Sciences
- Airbus Group
- Lockheed Martin
- AeroVironment
Highlights of The Fixed-Wing VTOL Aircraft Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed-Wing VTOL Manned Aircraft
- Fixed-Wing VTOL Hybrid UAV
- By Application:
- Commercial
- Law Enforcement
- Military
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fixed-Wing VTOL Aircraft Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fixed-wing VTOL aircraft is a type of aircraft that uses both lift and thrust from its wings to stay in the air. This type of aircraft is different from traditional helicopters, which use only lift to stay in the air.
Some of the major players in the fixed-wing vtol aircraft market are AeroVironment, Textron Systems, Bell, Boeing, Arcturus UAV, leonardo Company, Aurora Flight Sciences, Airbus Group, Lockheed Martin, AeroVironment.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fixed-Wing VTOL Aircraft Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fixed-Wing VTOL Aircraft Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fixed-Wing VTOL Aircraft Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fixed-Wing VTOL Aircraft Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fixed-Wing VTOL Aircraft Market Size & Forecast, 2020-2028
4.5.1 Fixed-Wing VTOL Aircraft Market Size and Y-o-Y Growth
4.5.2 Fixed-Wing VTOL Aircraft Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fixed-Wing VTOL Manned Aircraft
5.2.2 Fixed-Wing VTOL Hybrid UAV
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Law Enforcement
6.2.3 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fixed-Wing VTOL Aircraft Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fixed-Wing VTOL Aircraft Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fixed-Wing VTOL Manned Aircraft
9.6.2 Fixed-Wing VTOL Hybrid UAV
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Law Enforcement
9.10.3 Military
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fixed-Wing VTOL Manned Aircraft
10.6.2 Fixed-Wing VTOL Hybrid UAV
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Law Enforcement
10.10.3 Military
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fixed-Wing VTOL Manned Aircraft
11.6.2 Fixed-Wing VTOL Hybrid UAV
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Law Enforcement
11.10.3 Military
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fixed-Wing VTOL Manned Aircraft
12.6.2 Fixed-Wing VTOL Hybrid UAV
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Law Enforcement
12.10.3 Military
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fixed-Wing VTOL Manned Aircraft
13.6.2 Fixed-Wing VTOL Hybrid UAV
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Law Enforcement
13.10.3 Military
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fixed-Wing VTOL Aircraft Market: Competitive Dashboard
14.2 Global Fixed-Wing VTOL Aircraft Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AeroVironment
14.3.2 Textron Systems
14.3.3 Bell
14.3.4 Boeing
14.3.5 Arcturus UAV
14.3.6 leonardo Company
14.3.7 Aurora Flight Sciences
14.3.8 Airbus Group
14.3.9 Lockheed Martin
14.3.10 AeroVironment
