Fixed-wing VTOL UAV Market Worth $3,583 Million by 2030 - Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 9, 2019 /PRNewswire/ -- According to the new market research report "Fixed-wing VTOL UAV Market by Vertical (Military, Government & Law Enforcement, Commercial), Propulsion (Electric, Hybrid, Gasoline), Mode of operation (VLOS, EVLOS, BVLOS), Endurance, Range, MTOW, and Region - Global Forecast to 2030", published by MarketsandMarkets™, the Fixed-wing VTOL UAV Market is estimated at USD 498 million in 2019 and is projected to reach USD 3,583 million by 2030, at a CAGR of 19.7% from 2019 to 2030. The increasing adoption of fixed-wing VTOL UAVs in commercial and military applications is one of the most significant factors expected to drive the growth of the market due to improved design capabilities of fixed-wing VTOL UAV platforms.

Ask for PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173456250

The military vertical segment of the fixed-wing VTOL UAV market is projected to grow at the highest CAGR during the forecast period.

Based on vertical, the military segment of the fixed-wing VTOL UAV market is projected to grow at the highest CAGR from 2019 to 2030. This growth can be attributed to the increased adoption of fixed-wing VTOL UAVs in military applications. Technological advancements in this platform would be a major driver for the greater adoption of fixed-wing VTOL platforms in intelligence, surveillance, and reconnaissance (ISR), combat operations, and battle damage management.

The >100-kilogram segment of the fixed-wing VTOL UAV market is projected to grow at the highest CAGR during the forecast period.

Based on MTOW, the fixed-wing VTOL UAV market has been segmented into <25 kilograms, 25-100 kilograms, and >100 kilograms. The >100 kilograms segment is projected to grow at the highest CAGR from 2019 to 2030. This growth can be attributed to the increasing demand for high load payload carrying fixed-wing VTOL UAVs and technological advancements.

North America is projected to be the fastest-growing market for fixed-wing VTOL UAVs during the forecast period.

The fixed-wing VTOL UAV market in North America is expected to grow at the highest CAGR during the forecast period. This growth is primarily driven by the increasing demand for these UAVs from the US, for applications such as firefighting & disaster management, maritime security, agriculture, product delivery, and inspection & monitoring, among others.         

Browse in-depth TOC on "Fixed-wing VTOL UAV Market"
120 – Tables
41 – Figures
189 – Pages

Enquiry Before Buying:

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=173456250

Key players operating in the fixed-wing VTOL UAV market include ALTI UAS (South Africa), UKRSPECSystems (Ukraine), Threod Systems (Estonia), Quantum Systems (Germany), Vertical Technologies (Netherlands), Arcturus UAV (US), Textron (US), Lockheed Martin (US), and Latitude Engineering (US).

Please Explore Relevant Reports:

Unmanned Aerial Vehicle (UAV) Market by Vertical, Class, System, Industry (Defense & Security, Agriculture, Construction & Mining, Media & Entertainment), Type, Mode of Operation, Range, Point of Sale, MTOW and Region - Global Forecast to 2025

Military Drones Market by Type, Application (ISRT, Delivery and Transportation, Combat Operations, Battle Damage Management), Range (VLOS, EVLOS, BLOS), Propulsion Type, Launching Mode, Endurance, MTOW, Region - Global Forecast to 2025 

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/fixed-wing-vtol-uav-market.asp

Visit Our Web Site: https://www.marketsandmarkets.com

Content Source : https://www.marketsandmarkets.com/PressReleases/fixed-wing-vtol-uav.asp