New York, NY , Dec-09, 2019 /(Aerospace NEWS)-- 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.
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https://www.marketsandmarkets.com/requestsampleNew.asp?id=173456250
This
report provides a detailed analysis of the fixed-wing VTOL UAV market
from 2019 to 2030. It discusses the industry and technological trends
prevailing in the market and examines factors that are expected to drive
or challenge the growth of the fixed-wing VTOL UAV in the near future.
The fixed-wing VTOL UAV is projected to grow from USD 498 million in
2019 to USD 3,583 million by 2030, at a CAGR of 19.7% during the
forecast period. The increasing adoption of fixed-wing VTOL UAVs in
commercial and military verticals is projected to drive the growth of
the fixed-wing VTOL UAV market.
The
fixed-wing VTOL UAV market has been segmented on the basis of vertical,
mode of operation, range, endurance, propulsion, MTOW, and region.
Based on vertical, the market has been classified into military,
government & law enforcement, and commercial. The military segment
is expected to lead the market during the forecast period, which can be
attributed to the increasing adoption of these UAVs in the military
vertical.
Based
on range, the fixed-wings VTOL UAV market has been segmented in visual
line of sight (VLOS), extended visual line of sight (EVLOS), and beyond
visual line of sight (BVLOS). The beyond visual line of sight (BVLOS)
segment is projected to grow at the highest CAGR from 2019 to 2030. This
growth can be attributed to the increasing demand for high range
fixed-wing VTOL UAVs from the military and commercial verticals.
Based
on MTOW, the fixed-wings VTOL UAV market has been segmented in <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
payload carrying fixed-wing VTOL UAVs and technological advancements in
the near future.
Based
on endurance, the fixed-wings VTOL UAV market has been segmented in
<5 hours, 5-10 hours, and >10 hours. The >10 hours segment is
projected to grow at the highest CAGR from 2019 to 2030. This growth can
be attributed to the increasing demand for high-endurance fixed-wing
VTOL UAVs in the military and commercial verticals.
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https://www.marketsandmarkets.com/Market-Reports/fixed-wing-vtol-uav-market-173456250.html
The
fixed-wing VTOL UAV in the North America region is expected to grow at
the highest CAGR during the forecast period. This growth is primarily
driven by the increasing 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.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com
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