The Fixed-Wing VTOL UAV Market is projected to reach a CAGR of 18.4% from 2021 to 2028.
Fixed-wing VTOL UAV refers to the fixed-wing vertical take-off and landing (VTOL) unmanned air vehicle (UAV). They are commonly known as drone and are capable of being operated autonomously with any human pilot. A fixed-wing VTOL UAV can hover, take-off, and land vertically like a helicopter with help of rotors. The vehicle is primarily designed for high aerodynamic performance and low take-off weight. Aerodynamics design steps and sizing of both wing and static stability is fulfilled by evaluating the centre of gravity location with respect to the neutral point
The increasing adoption of fixed-wing VTOL UAVs in various commercial applications, such as monitoring, surveying & mapping, agriculture, aerial remote sensing, product delivery and rise in the adoption of technologically advanced runway less unmanned aerial military platforms by defence forces are some of the factors that have supported long-term expansion for Fixed-wing VTOL UAV Market.
North America is estimated to be the largest market for fixed-wing VTOL UAVs in 2019, followed by Asia Pacific and Europe. This is attributed to the high demand for fixed-wing VTOL UAVs from the US, for applications such as firefighting & disaster management, maritime security, agriculture, product delivery, and inspection & monitoring, among others.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 18.4% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
vertical, application, mode of operation, range, MTOW, propulsion, endurance and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Alti UAS, Arcturus UAV, Inc., Bluebird Aero Systems LTD, Elroy Air Inc., Lockheed Martin Corporation, Quantum-Systems GmbH, Textron Inc., Ukrspecsystems, ULC Robotics Inc. and Vertical Technologies Ltd. |
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Available Customization |
In addition to the market data for Fixed-wing VTOL UAV Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Fixed-wing VTOL UAV Market is segmented into vertical, application, mode of operation, range, MTOW, propulsion, endurance and region.
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