This report studies the VTOL UAV market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
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.
The global VTOL UAV market was 1430 million US$ in 2017 and is expected to 2780 million US$ by the end of 2025, growing at a CAGR of 8.7% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of VTOL UAV in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Alpha Unmanned Systems
By the product type, the market is primarily split into
Small Sized VTOL UAV (<150 Kg)
Large Sized VTOL UAV (≥150 Kg)
By the end users/application, this report covers the following segments
Civil & Commercial
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global VTOL UAV market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of VTOL UAV market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global VTOL UAV manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the VTOL UAV with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of VTOL UAV submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of VTOL UAV are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of VTOL UAV market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of VTOL UAV market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.