The vertical take-off and landing fixed-wing UAV market will reach US$3.583 billion by 2030


The fixed-wing vertical take-off and landing drone market published by MarketsandMarkets™ is expected to reach US$3.583 billion by 2030, with a compound annual growth rate of 19.7% from 2019 to 2030. Due to the improvement of fixed-wing vertical take-off and landing UAV platform design capabilities, fixed-wing vertical take-off and landing UAVs are increasingly widely used in commercial and military fields, which is expected to be one of the most important driving factors of market growth. During the forecast period, the military vertical segment of the fixed-wing vertical take-off and landing UAV market is expected to grow at the highest compound annual growth rate. Based on the vertical direction, the military segment of the fixed-wing vertical take-off and landing UAV market is expected to grow at the highest compound annual growth rate between 2019 and 2030. This increase can be attributed to the increased use of fixed-wing VTOL UAVs in military applications. The technological advancement of the platform will be the main driving force for the increased use of fixed-wing vertical take-off and landing platforms in intelligence, surveillance and reconnaissance (ISR), combat operations, and combat damage management. During the forecast period, the portion of the fixed-wing vertical take-off and landing UAV market >100 kg is expected to grow at the highest compound annual growth rate. Based on MTOW, the fixed-wing VTOL UAV market is divided into <25kg, 25-100kg and >100kg. It is expected that from 2019 to 2030, the portion >100 kg will grow at the highest compound annual growth rate. This growth can be attributed to the demand for fixed-wing VTOL drones that carry high payloads and technological advancements. It is expected that during the forecast period, North America will be the fastest-growing market for fixed-wing VTOL drones. During the forecast period, the North American fixed-wing vertical take-off and landing UAV market is expected to grow at the highest compound annual growth rate. This increase is mainly due to the increasing demand for these drones in the United States. The application areas of these drones include fire and disaster management, maritime security, agriculture, product delivery, inspection, and monitoring, etc.

 

Source Global Drone Network