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The global VTOL UAV market is estimated to be valued at USD 2,235.40 Million in 2015 and is projected to reach USD 5,500 Million by 2020, at a CAGR of 19.73% from 2015 to 2020.
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VTOL UAV Market projected to reach $5,500 Million by 2020, at a CAGR of 19.73% from 2015 to 2020 – Global Forecast by MarketsandMarkets The report "VTOL UAV Market by Application (Military, Civil & Commercial, Homeland Security), Type (Multicopter, Helicopter, Hybrid), Size (Large, Medium, Small, Micro), Propulsion, Payloads, Geography - Global Forecast to 2020" ,analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia- Pacific, Latin America, and Africa. Browse 78 tables and 99 figures spread through 178 Pages and in-depth TOC on "VTOL UAV Market - Global Forecast to 2020" Early buyers will receive 10% customization on this report. The global VTOL UAV market is estimated to be valued at USD 2,235.40 Million in 2015 and is projected to reach USD 5,500 Million by 2020, at a CAGR of 19.73% from 2015 to 2020. Download PDF brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192738850 The report discusses about the market opportunities that exist in the VTOL UAV over the forecast period, 2015-2020. We have segmented the VTOL UAV market based on application, by type, by size, by payloads and by region. The report identifies the market opportunities for the above VTOL UAV across the five geographic sectors namely North America (NA), Latin America (LA), European Union (EU), Asia-Pacific (APAC), and Africa. Also, we have identified the major applications of VTOL UAV as military, Homeland Security, and Civil & Commercial. The demand for VTOL UAVs has been increasing rapidly; however, certain restrictions are still imposed by governments and civil authorities. They are used in various commercial and civil applications such as surveillance, reconnaissance, exploration, and mapping, among others. The UAV’s fly at a low level, and therefore masses could be at risk. To avoid people from this danger, in January 2010, U.K’s Civil Aviation Authority (CAA) introduced new regulations that require operators of VTOL UAV to obtain permission from the CAA before commencing a flight within a congested area or in proximity to people or property. The global VTOL UAV market by application type is the fastest-growing countries in the Asia-Pacific region. The VTOL UAV market in the countries, such as Japan and India of
the Asia-Pacific region, is projected to grow at a faster pace from 2015 to 2020. The VTOL UAV market in these countries is expected grow for military and commercial applications in the next five years. Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=192738850 Key Market Players The VTOL UAV market is dominated by key global players such as Northrop Grumman Corporation (U.S.), DJI (China), Lockheed Martin Corporation (U.S.), Israel Aerospace Industries Limited (Israel), Schiebel Corporation (Austria), AeroVironment, Inc. (U.S.), Turkish Aerospace Industries, Inc. (Turkey), Saab AB (Sweden), The Boeing Company (U.S.), Textron, Inc. (U.S.), Parrot SA (France), 3D Robotics, Inc. (U.S.), and Xaircraft Technology Co. Ltd (China). Don’t miss out on business opportunities in VTOL UAV Market. Speak to our analyst and gain crucial industry insights that will help your business grow. 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 5000 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. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" 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: Newsletter@marketsandmarkets.com