The global VTOL UAV market is projected to witness a high growth in the years to come. The growth of this market is foreseen to be driven by the rising demand of VTOL UAVs in civil & commercial sector coupled with the technological innovation. Additionally, the growing demand for 3D mapping, oil & gas pipeline inspection, recreational activities, safety, and surveillance is further adding impetus growth to the market.
The key players in the VTOL UAV market include DJI Company, Israel Aerospace Industries Limited, Lockheed Martin Corporation, and Northrop Grumman Corporation.
The broad VTOL UAV market has been sub-grouped into type, application, size, and payload. The report studies these subsets with respect to the geographical segmentation.
By Type
- Helicopter
- Multicopter
- Hybrid
By Applications
- Military
- Homeland Security
- Civil & Commercial
- By Size
- Large
- Medium
- Small
By Payload
- Intelligence, Surveillance and Reconnaissance (ISR)
- Cameras
- Telemetry
- Sensors
- Autopilot
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for VTOL UAV in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Read More @ https://www.valuemarketresearch.com/report/vtol-uav-market-report
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.