Fixed-wing VTOL UAV Market Worth $3,583 Million by 2030 - Exclusive Report by MarketsandMarkets™

1. Fixed-wing VTOL UAV Market Worth $3,583 Million by 2030 - Exclusive Report by MarketsandMarkets™ New York, NY, Jan-08, 2020 / (Aerospace NEWS)-- According to the new market research report "Fixed-wing VTOL UAV Market by Vertical (Military, Government & Law Enforcement, Commercial), Propulsion (Electric, Hybrid, Gasoline), Mode of operation (VLOS, EVLOS, BVLOS), Endurance, Range, MTOW, and Region - Global Forecast to 2030", published by MarketsandMarkets™, the Fixed-wing VTOL UAV Market is estimated at USD 498 million in 2019 and is projected to reach USD 3,583 million by 2030, at a CAGR of 19.7% from 2019 to 2030. The increasing adoption of fixed-wing VTOL UAVs in commercial and military applications is one of the most significant factors expected to drive the growth of the market due to improved design capabilities of fixed-wing VTOL UAV platforms. Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173456250 The military vertical segment of the fixed-wing VTOL UAV market is projected to grow at the highest CAGR during the forecast period. Based on vertical, the military segment of the fixed-wing VTOL UAV market is projected to grow at the highest CAGR from 2019 to 2030. This growth can be attributed to the increased adoption of fixed-wing VTOL UAVs in military applications. Technological advancements in this platform would be a major driver for the greater adoption of fixed-wing VTOL platforms in intelligence, surveillance, and reconnaissance (ISR), combat operations, and battle damage management. The >100-kilogram segment of the fixed-wing VTOL UAV market is projected to grow at the highest CAGR during the forecast period. Based on MTOW, the fixed-wing VTOL UAV market has been segmented into <25 kilograms, 25-100 kilograms, and >100 kilograms. The >100 kilograms segment is projected to grow at the highest CAGR from 2019 to 2030. This growth can be 1

2. attributed to the increasing demand for high load payload carrying fixed-wing VTOL UAVs and technological advancements. North America is projected to be the fastest-growing market for fixed-wing VTOL UAVs during the forecast period. The fixed-wing VTOL UAV market in North America is expected to grow at the highest CAGR during the forecast period. This growth is primarily driven by the increasing demand for these UAVs from the US, for applications such as firefighting & disaster management, maritime security, agriculture, product delivery, and inspection & monitoring, among others. Browse in-depth TOC on "Fixed-wing VTOL UAV Market" 120 – Tables 41 – Figures 189 – Pages Enquiry before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=173456250 Key players operating in the fixed-wing VTOL UAV market include ALTI UAS (South Africa), UKRSPECSystems (Ukraine), Threod Systems (Estonia), Quantum Systems (Germany), Vertical Technologies (Netherlands), Arcturus UAV (US), Textron (US), Lockheed Martin (US), and Latitude Engineering (US). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight/fixed-wing-vtol-uav-market.asp 2