Market Overview:
The global VTOL drones market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for unmanned aerial vehicles for military and commercial applications, and technological advancements in VTOL drone technology. The global VTOL drones market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into small sized VTOL UAVs and large sized VTOL UAVs. Small sized VTOL UAVs are further sub-segmented into miniaturized UAVs (150 kg) and super heavy lift (>500 kg). On the basis of application, the market is segmented into military applications, homeland security applications, civil & commercial applications, and others (research & development purposes). Military applications are further sub-segmented into land based military operations and airborne military operations. Homeland security applications are further sub-segmented into border surveillance & control systems; law enforcement; critical infrastructure protection; search & rescue missions; disaster management; maritime security; airspace security ;and others (emergency services).
Product Definition:
VTOL drones are drones that can fly in all directions, including vertically. This is done by having small rotors mounted on the drone that can swivel to provide lift in any direction. VTOL drones are important because they allow for more flexibility in how a drone can be used. For example, a VTOL drone could be used to land and take off from a small space, such as on the roof of a building.
Small Sized VTOL UAV:
Small Sized VTOL UAV is Vertical Take-Off and Landing Unmanned Aerial Vehicle, which means it combines both vertical and horizontal flight characteristics. It has advantages over conventional drones in terms of its size, speed, agility & range. Small sized UAVs are expected to witness significant growth as compared to their larger counterparts due to increasing demand for aerial photography and surveillance activities along with the need for faster target detection & tracking.
Large Sized VTOL UAV:
Large Sized VTOL UAV is Vertical Take-Off and Landing Unmanned Aerial Vehicle which can be used for various applications such as security, surveillance, law enforcement and others. It has been designed to meet a wide range of customer requirements with its size ranging from 5 kg to 20 kg. The market for large sized vertical take-off and landing unmanned aerial vehicle drones is in its emerging stage; therefore it holds huge potential for the manufacturers as well as the end users.
Application Insights:
Based on application, the market is segmented into military, homeland security, and civil & commercial. The military segment dominated the overall industry in terms of revenue in 2017. Growing demand for VTOL drones from various end-use markets such as defense and intelligence agencies is expected to drive growth over the forecast period.
The UAVs are used for surveillance and reconnaissance missions by armed forces worldwide due to their ability to operate at high altitude with enhanced vision capabilities. Rising adoption of these aircraft owing to features such as vertical take-off and landing capability that eliminates the need for a runway enables them perform mission critical tasks efficiently saving costs associated with infrastructure development along with reducing human casualties during ground operations resulting in increased adoption rate among militaries worldwide thereby driving industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing use of drones for commercial applications, coupled with a rise in military operations across national borders. Europe is expected to witness significant growth over the forecast period owing to increased spending on defense and security sector by several countries including U.K., France, Germany, Italy and Russia among others. Moreover, growing demand for small sized VTOL drones is anticipated to fuel regional growth over the next eight years.
The Federal Aviation Administration (FAA) has released new regulations regarding commercial use of drones which are now permitted only under specific circumstances such as within eyesight or beyond visual line of sight (BVLOS).
Growth Factors:
- Increasing demand for drones in commercial and military applications
- Rising popularity of drone racing as a sport
- Proliferation of drone-based photography and videography services
- Development of advanced features and capabilities in VTOL drones
- Growing number of startups focused on developing innovative VTOL drone technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
VTOL Drones Market Research Report
By Type
Small Sized VTOL UAV, Large Sized VTOL UAV
By Application
Military, Homeland Security, Civil & Commercial
By Companies
DJI, PARROT, 3D Robotics, AscTec, Yamaha, XAIRCRAFT, ZERO TECH, Ehang, IAI, CybAero, Alpha Unmanned Systems, Microdrones, Ewatt, Hanhe, GoPro, LONCIN MOTOR
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global VTOL Drones Market Report Segments:
The global VTOL Drones market is segmented on the basis of:
Types
Small Sized VTOL UAV, Large Sized VTOL 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
Military, Homeland Security, Civil & Commercial
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:
- DJI
- PARROT
- 3D Robotics
- AscTec
- Yamaha
- XAIRCRAFT
- ZERO TECH
- Ehang
- IAI
- CybAero
- Alpha Unmanned Systems
- Microdrones
- Ewatt
- Hanhe
- GoPro
- LONCIN MOTOR
Highlights of The VTOL Drones 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:
- Small Sized VTOL UAV
- Large Sized VTOL UAV
- By Application:
- Military
- Homeland Security
- Civil & Commercial
- 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 VTOL Drones 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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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?
VTOL drones are unmanned aerial vehicles that can fly like a helicopter, but also have the ability to take off and land vertically like a plane. They're often used for surveillance or military purposes, and are becoming increasingly popular for commercial use as well.
Some of the major players in the vtol drones market are DJI, PARROT, 3D Robotics, AscTec, Yamaha, XAIRCRAFT, ZERO TECH, Ehang, IAI, CybAero, Alpha Unmanned Systems, Microdrones, Ewatt, Hanhe, GoPro, LONCIN MOTOR.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 VTOL Drones 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 VTOL Drones Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 VTOL Drones 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 VTOL Drones 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 VTOL Drones Market Size & Forecast, 2018-2028
4.5.1 VTOL Drones Market Size and Y-o-Y Growth
4.5.2 VTOL Drones Market Absolute $ Opportunity
Chapter 5 Global VTOL Drones 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 VTOL Drones Market Size Forecast by Type
5.2.1 Small Sized VTOL UAV
5.2.2 Large Sized VTOL UAV
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global VTOL Drones 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 VTOL Drones Market Size Forecast by Applications
6.2.1 Military
6.2.2 Homeland Security
6.2.3 Civil & Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global VTOL Drones 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 VTOL Drones 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 VTOL Drones Analysis and Forecast
9.1 Introduction
9.2 North America VTOL Drones 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 VTOL Drones Market Size Forecast by Type
9.6.1 Small Sized VTOL UAV
9.6.2 Large Sized VTOL 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 VTOL Drones Market Size Forecast by Applications
9.10.1 Military
9.10.2 Homeland Security
9.10.3 Civil & Commercial
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 VTOL Drones Analysis and Forecast
10.1 Introduction
10.2 Europe VTOL Drones 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 VTOL Drones Market Size Forecast by Type
10.6.1 Small Sized VTOL UAV
10.6.2 Large Sized VTOL 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 VTOL Drones Market Size Forecast by Applications
10.10.1 Military
10.10.2 Homeland Security
10.10.3 Civil & Commercial
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 VTOL Drones Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific VTOL Drones 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 VTOL Drones Market Size Forecast by Type
11.6.1 Small Sized VTOL UAV
11.6.2 Large Sized VTOL 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 VTOL Drones Market Size Forecast by Applications
11.10.1 Military
11.10.2 Homeland Security
11.10.3 Civil & Commercial
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 VTOL Drones Analysis and Forecast
12.1 Introduction
12.2 Latin America VTOL Drones 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 VTOL Drones Market Size Forecast by Type
12.6.1 Small Sized VTOL UAV
12.6.2 Large Sized VTOL 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 VTOL Drones Market Size Forecast by Applications
12.10.1 Military
12.10.2 Homeland Security
12.10.3 Civil & Commercial
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) VTOL Drones Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) VTOL Drones 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) VTOL Drones Market Size Forecast by Type
13.6.1 Small Sized VTOL UAV
13.6.2 Large Sized VTOL 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) VTOL Drones Market Size Forecast by Applications
13.10.1 Military
13.10.2 Homeland Security
13.10.3 Civil & Commercial
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 VTOL Drones Market: Competitive Dashboard
14.2 Global VTOL Drones Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DJI
14.3.2 PARROT
14.3.3 3D Robotics
14.3.4 AscTec
14.3.5 Yamaha
14.3.6 XAIRCRAFT
14.3.7 ZERO TECH
14.3.8 Ehang
14.3.9 IAI
14.3.10 CybAero
14.3.11 Alpha Unmanned Systems
14.3.12 Microdrones
14.3.13 Ewatt
14.3.14 Hanhe
14.3.15 GoPro
14.3.16 LONCIN MOTOR
