In numerous civil and commercial uses, including photography, product delivery, monitoring greenhouse gas emissions, and wildlife research and preservation, fixed-wing VTOL UAVs are widely utilised. They are also employed in the oil gas, mining, real estate, agricultural, and industries. Precision farming, which enables farmers to monitor the health of crops, maintain track of irrigation equipment, and identify various types of weeds, among other things, has developed as a result of the employment of UAVs in the agricultural sector.
Like a helicopter, a UAV can hover, take off, and land vertically. The vehicle's low take-off weight and excellent aerodynamic performance are its main design goals. Some of the major factors propelling the expansion of the global fixed-wing VOTL aircraft market are the increased need for UAVs in the agriculture sector, faster travel and runway-less platforms, and growing demand for fixed-wing VTOL aircraft in military applications.
The fixed-wing VTOL UAV Market is valued at USD 842 million in 2022 and is projected to reach a value of USD 4627 million in 2030 expanding at a CAGR of 23.7% over the forecast period of 2022-2030.
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Fixed-Wing VTOL UAV Market: Segmental Analysis
Based On Application:
- Military
- Government and law enforcement
- Commercial
The military application has dominated the market growth over the forecast period because of rising adoption of these UAVs in this segment.
Based On Propulsion:
- Electric
- Gasoline
- Hybrid
Based On Mode Of Operation:
- Remotely piloted
- Optionally piloted
- Fully autonomous
Based On Endurance:
- 5 hours
- 5-10 hours
- 10 hours
Based On Range:
- Beyond light of sight
- Extended visual line of sight
- Visual lines of sight
Major market player:
- Alti UAS
- Arcturus UAV, Inc.
- A-Techsyn
- Autel Robotics
- Bluebird Aero Systems LTD
- Elroy Air Inc.
- Height Technologies
- Latitude Engineering
- Lockheed Martin Corporation
- Quantum-Systems GmbH
- Sunbirds
- Textron Inc.
- Threod Systems
- Ukrspecsystems
- ULC Robotics
- Vertical Technologies Ltd.
- Wingtra
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Frequently Asked Questions:
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