VTOL UAV: Global Strategic Business Report

Global VTOL UAV Market to Reach $27.5 Billion by 2030

The global market for VTOL UAV estimated at US$6.4 Billion in the year 2022, is projected to reach a revised size of US$27.5 Billion by 2030, growing at a CAGR of 19.9% over the analysis period 2022-2030. Military, one of the segments analyzed in the report, is projected to record 21.5% CAGR and reach US$16.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Civil & Commercial segment is readjusted to a revised 20.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 18.8% CAGR

The VTOL UAV market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 18.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.6% and 16.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR.

Select Competitors (Total 47 Featured) -

• AeroVironment, Inc.
• DJI
• Israel Aerospace Industries (IAI)
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• SAAB AB
• Schiebel Elektronische Gerate GmbH
• Textron Inc.
• The Boeing Company
• Turkish Aerospace Industries, Inc. (TAI)

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year