Houston, TX -- (SBWIRE) -- 04/26/2018 -- This market research report provides a comprehensive analysis of key drivers, challenges and future trends that impact the global VTOL UAV market. It also breaks down the global VTOL UAV market by geography (US, APAC, and EMEA). Key vendors analyzed in this market research are AeroVironment, Israel Aerospace, Lockheed Martin, Northrop Grumman and SAAB.

Market analysts predict that worldwide vertical takeoff and landing (VTOL) unmanned aerial vehicle (UAV) markets will grow by about 11% by 2020. The high suitability of VTOL UAV for urban applications is a driver for this market. VTOL UAV is well suited for work in urban areas because it can take off and land without a runway. VTOL UAV's ease of operation in an urban environment is expected to increase during the forecast period, especially when compared to other stationary wing UAVs.

Demand for VTOL UAV for private and commercial applications is increasing. The ability to support such UAV surveying, scanning, aerial photography, 3D mapping, oil and gas pipeline monitoring, wind turbine blade inspection and real estate research will lead to market growth for the expected period. The VTOL UAV has been adopted by the military to support the army in defensive and military operations because of its ability to perform a variety of ISR and Spy missions.

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Geographic segmentation of VTOL UAV market: Americas, APAC, EMEA
On the geographical side, the world VTOL UAV market is dominated by the majority of Americas. In the Americas, the United States is a major revenue contributor because most VTOL UAVs are used in military and defense. In addition, a number of VTOL UAV designs have been developed in collaboration with DARPA and UAV manufacturers, which facilitates adoption during the forecast period.

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Competitive Landscape and Key Vendors

The global VTOL UAV market is highly competitive as many famous players compete for maximum market share during the forecast period. In the military and defense sectors, however, only a certain number of suppliers dominate the market. Therefore, vendors that can win major military projects can conclude that the market will thrive by the end of 2023.

Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Vertical Take-off and Landing UAV market analysis is provided for the international market including development history, competitive landscape analysis, and major regions development status.

Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (United States, EU, China and Japan), and other regions can be added.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. Whats more, the Vertical Take-off and Landing UAV industry development trends and marketing channels are analyzed.

Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.