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Global VTOL UAV Market 2016-2020

About VTOL UAV

VTOL UAVs are are capable of performing vertical take-off and landing and do not require a runway. VTOL UAVs can be further classified into multi-rotors (quadcopters, hexacopters, and octocopters), helicopter-configured UAVs, and tiltrotor VTOL UAVs. These UAVs are mostly used for applications where stability and hover capability is crucial.

Technavio’s analysts forecast the global VTOL UAV market to grow at a CAGR of 10.83% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global VTOL UAV market for 2016-2020.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global VTOL UAV Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AeroVironment
  • Israel Aerospace Industries
  • Lockheed Martin
  • SAAB
  • Northrop Grumman
Other prominent vendors
  • Aeronautics
  • Aeyron Labs
  • Aibotrix
  • American Dynamics
  • BAE Systems
  • DJI
  • Prox Dynamics
Market driver
  • Increased demand for civil-commercial applications
  • For a full, detailed list, view our report
Market challenge
  • Defense budget cut
  • For a full, detailed list, view our report
Market trend
  • Development of high-performance VTOL UAVs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global VTOL UAV Market 2016-2020

Technavio recognizes the following companies as the key players in the Global VTOL UAV Market: AeroVironment, Israel Aerospace Industries, Lockheed Martin, SAAB, and Northrop Grumman.

Other Prominent Vendors in the market are: Aeronautics, Aeyron Labs, Aibotrix, American Dynamics, BAE Systems, DJI, and Prox Dynamics.

Commenting on the report, an analyst from Technavio’s team said: “. One of the major trends has been the rapid development of high-performance VTOL UAVs. For example, the Northrop Grumman MQ-8 Fire Scout is a helicopter-configured UAV, which is primarily used by the US Navy. This UAV can be utilized for observation and monitoring; situational awareness; and precision targeting support for ground, air, and sea forces.”

According to the report, one of the drivers of the global VTOL UAV market is its suitability for urban applications. Unlike fixed-wing UAVs, VTOL UAVs can take-off and land without a runway. As a result, there has been an increased demand for these UAVs for civil-commercial applications. Commercial VTOL UAVs are used for surveying, scanning, aerial photography, 3D mapping, oil and gas pipeline monitoring, wind turbine blade inspection, real estate survey, and many other similar applications.

Further, the report states that defense budget cut is one of the major challenges faced by vendors.

Companies Mentioned

AeroVironment, Israel Aerospace Industries, Lockheed Martin, SAAB, Northrop Grumman, Aeronautics, Aeyron Labs, Aibotrix, American Dynamics, BAE Systems, DJI, Prox Dynamics.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market size and forecast
      • Table Global VTOL UAV market ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Aerospace and defense supply chain system
    • Table Global aerospace and defense supply chain system
  • Aerospace and defense value chain system
    • Table Global aerospace and defense value chain system
  • Market segmentation by application
    • Global VTOL UAV market by application
      • Table Global VTOL UAV market by application 2015
      • Table Global VTOL UAV market by application 2020
    • Global civil-commercial VTOL UAV market
      • Table Global civil-commercial VTOL UAV market 2015-2020 ($ billions)
    • Global military-defense VTOL UAV market
      • Table Global military-defense VTOL UAV market 2015-2020 ($ billions)
      • Table Global VTOL UAV market by application 2015-2020 ($ billions)
      • Table Global small UAV market by application 2015-2020 (market share)
  • Geographical segmentation
    • Global VTOL UAV market by geography
      • Table Global VTOL UAV market by geography 2015
      • Table Global VTOL UAV market by geography 2020
      • Table Global VTOL UAV market by geography 2015-2020 ($ millions)
      • Table Global VTOL UAV market by geography 2015-2020 (% share)
    • VTOL UAV market in Americas
      • Table VTOL UAV market in Americas 2015-2020 ($ millions)
    • VTOL UAV market in EMEA
      • Table VTOL UAV market in EMEA 2015-2020 ($ millions)
    • VTOL UAV market in APAC
      • Table VTOL UAV market in APAC 2015-2020 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • List of vendors in global VTOL UAV market
      • Table Global VTOL UAV market: Vendors
    • AeroVironment
      • Table AeroVironment: Business segmentation by revenue 2015
      • Table AeroVironment: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table AeroVironment: Geographical segmentation by revenue 2015
      • Table AeroVironment: Order backlog in 2014 and 2015 ($ millions)
    • Israel Aerospace Industries (IAI)
      • Table Israel Aerospace Industries: Key capabilities
    • Lockheed Martin
      • Table Lockheed Martin: Business segmentation by revenue 2014
      • Table Lockheed Martin: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Lockheed Martin: Geographical segmentation by revenue 2014
      • Table Lockheed Martin: Consolidated order backlog 2013 and 2014 ($ billions)
    • Northrop Grumman
      • Table Northrop Grumman: Business segmentation 2014
      • Table Northrop Grumman: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Northrop Grumman consolidated order backlog in 2013 and 2014 ($ billions)
      • Table Northrop Grumman: Geographical segmentation by revenue 2014
    • SAAB
      • Table SAAB: Business segmentation by revenue 2014
      • Table SAAB: Business segmentation by revenue 2013 and 2014 ($ millions)
      • Table SAAB: Geographical segmentation by revenue 2014
      • Table SAAB: Consolidated order backlog in 2013 and 2014 ($ billions)
    • Key vendors' recent development
  • Appendix
    • List of abbreviation
  • Explore Technavio

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