What is VTOL Drones Market?
VTOL drones are vertical take-off and landing unmanned aircraft. These drones are powered by Lithium-Polymer and lithium-Ion batteries. The VTOL drones can be equipped with the devices such as cameras, and environmental monitoring sensors such as Co2 and radiation detectors. Moreover, it requires lesser space to takeoff and recover as the space for runway is eliminated. VTOL drones has various end uses such as in military, detecting forest fire, traffic conditions and others. These factors are increasing the demand of VTOL drones.
The market study is being classified by Type (Rotary Blade drones, Nano drones and Hybrid drones) and major geographies with country level break-up.
Microdrones (Germany), Parrot Drones SAS (France), 3D Robotics (United States), AscTec (United States), Yamaha (Japan), XAIRCRAFT (China), Zerotech (China), Ehang (China), CybAero (Sweden) and Alpha Unmanned Systems (Spain) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Ewatt (United States), GoPro (United States), Loncin Motor (China) and DJI (China).
Research Analyst at AMA predicts that Europe Players will contribute to the maximum growth of Global VTOL Drones market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global VTOL Drones market by Type, Application and Region.
On the basis of geography, the market of VTOL Drones has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Aerial Transportation and Drone Delivery System
Market Trend
- Increasing Importance of VTOL Aircraft in Cargo Transportation
Restraints
- Strict Regulations for Air Space and Less Velocities and Altitudes
Opportunities
- Growing demand of VTOL drones in defense and commercial application. There has been increasing concerns of safety and security as well as terrorism. Also, the military expenditure in increasing in developing economies. Further, the demand of VTOL drones are increasing for surveillance which is contributing toward the market growth
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations