Market Study Report Has Announced The Launch Of VTOL UAV Market, A Comprehensive Study Enumerating The Latest Price Trends And Pivotal Drivers Rendering A Positive Impact On The Industry Landscape. Further, The Report Is Inclusive Of The Competitive Terrain Of This Vertical In Addition To The Market Share Analysis And The Contribution Of The Prominent Contenders Toward The Overall Industry.
Selbyville, DE -- (SBWIRE) -- 05/20/2019 -- According to this study, over the next five years the VTOL UAV market will register a 8.6% CAGR in terms of revenue, the global market size will reach US$ 2340 million by 2024, from US$ 1430 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in VTOL UAV business.
An unmanned aerial vehicle (UAV), commonly known as a drone, as an unmanned aircraft system (UAS), or by several other names, is an aircraft without a human pilot aboard. The flight of UAVs may operate with various degrees of autonomy: either under remote control by a human operator, or fully or intermittently autonomously, by onboard computers. Compared to manned aircraft, UAVs are often preferred for missions that are too "dull, dirty or dangerous" for humans. They originated mostly in military applications, although their use is expanding in commercial, scientific, recreational, agricultural, and other applications, such as policing and surveillance, aerial photography, agriculture and drone racing.
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As for the global VTOL UAV industry, the top three manufacturers have 82.79% revenue market share in 2015. The Chinese giant DJI, which has 62.03% market share in 2015, is the leader in the VTOL UAV industry. The manufacturers following are Parrot SA, 3D Robotics and AscTec, which respectively has 14.66%, 2.10% and 0.68% market share globally.
The revenue of global VTOL UAV sales market has a rising from 709.31 m dollars in 2014 to 1235.00 m dollars in 2015, and it?s respected to reach 2049.42 m dollars in 2021. The high suitability of VTOL UAVs for civil applications is one of the key drivers for this market.
The downstream industries of VTOL UAV products are Military, Homeland Security and
Civil & Commercial. In the recent years, the demand of for VTOL UAVs for civil and commercial applications is growing, and the ability of VTOL UAVs to aid in these industries, will certainly result in market growth during the predicted period too.
Although sales of VTOL UAV products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the VTOL UAV field hastily.
VTOL UAV Market Segment by Top Manufacturers Including:
DJI, PARROT, 3D Robotics, AscTec, Yamaha, XAIRCRAFT, ZERO TECH, Ehang, IAI, CybAero, Alpha Unmanned Systems, Microdrones, Ewatt, Hanhe, GoPro, LONCIN MOTOR.
Scope of the Report:
This report focuses on the VTOL UAV Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
VTOL UAV Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers:
Small Sized VTOL UAV (<150 Kg)
Large Sized VTOL UAV (150 Kg)
Market Segment by Applications, can be divided into:
Military
Homeland Security
Civil & Commercial
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There are 15 Chapters to deeply display the global VTOL UAV market.
Chapter 1, to describe VTOL UAV Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of VTOL UAV, with sales, revenue, and price of VTOL UAV, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of VTOL UAV, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, VTOL UAV market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe VTOL UAV sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Table of Contents:
1 VTOL UAV Market Overview
2 Manufacturers Profiles
3 Global VTOL UAV Market Competition, by Players
4 Global VTOL UAV Market Analysis by Regions
5 North America VTOL UAV Revenue by Countries
6 Europe VTOL UAV Revenue by Countries
7 Asia-Pacific VTOL UAV Revenue by Countries
8 South America VTOL UAV Revenue by Countries
9 Middle East and Africa Revenue VTOL UAV by Countries
10 Global VTOL UAV Market Segment by Type
11 Global VTOL UAV Market Segment by Application
12 Global VTOL UAV Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
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