Global Fixed Wing VTOL UAV Market to reach USD 2.09 billion by 2027. Global Fixed Wing VTOL UAV Market is valued approximately at USD 0.59 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 19.7% over the forecast period 2021-2027. The fixed-wing vertical take-off and landing (VTOL) unmanned air vehicle is referred to as a fixed-wing VTOL UAV (UAV). They are generally referred to as drones and are capable of operating independently without the need for a human operator. With the aid of rotors, a fixed-wing VTOL UAV can hover, take-off, and land vertically like a helicopter. The vehicle is primarily built for low take-off weight and great aerodynamic performance. The center of gravity placement in relation to the neutral point is used to determine aerodynamic design stages and wing and static stability sizes. Increasing use of advanced patrolling of marine borders and growing use of Fixed-Wing VTOL UAVs to counter terrorism are factors driving the market demand for Fixed wing VTOL UAV. Furthermore, the growing usage of fixed-wing VTOL UAVs to counter psychological oppression is driving market growth. Future technical developments will lead to eVTOLs, which will boost market expansion in the forecast future. Increased demand for VTOL UAVs has led to the key companies focusing their efforts on the VTOL UAV market. For instance, Larsen & Toubro (L&T) and ideaForge signed a deal in 2020 to provide allied systems and drones for defence purposes. Both firms joined their resources to develop high-tech drone systems for surveillance and security. However, possible threats to safety and violation of privacy may impede market growth over the forecast period of 2021-2027.

Geographically, North America is expected to dominate the market, followed by Asia Pacific and Europe. This is due to the increasing demand for fixed-wing VTOL UAVs in the United States, which are used for various applications including firefighting and disaster management, marine security, agricultural, product delivery, inspection and monitoring, and more.

Major market player included in this report are:


ULC Robotics
Wingtra
A-Techsyn
Autel Robotics
Lockheed Martin Corporation
Textron Inc.
Threod Systems
Height Technologies
Sunbirds
Latitude Engineering



The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vertical:
Military
Commercial
Government and Law enforcement
By Propulsion:
Electric
Hybrid
Gasoline
By Mode of operation:
Remotely Piloted
Optionally Piloted
Fully Autonomous
By Range:
Visual Line of Sight (VLOS)
Extended Visual Line of Sight (EVLOS)
Beyond Line of Sight (BLOS)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Fixed Wing VTOL UAV Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors