FREMONT, California,
June 21, 2018 /PRNewswire/ --
According to a new market intelligence report by BIS Research
titled "Fixed-Wing VTOL Aircraft Market, Analysis and Forecast,
2018 - 2028", the global fixed-wing VTOL aircraft market was
estimated to be approximately $2
billion in 2017 and is expected to reach $13.6 billion by 2028. The aviation industry
mainly offers two types of aircraft such as fixed-wing and
rotorcraft, which can be used for military as well as commercial
applications. Fixed-wing aircraft are majorly used for commercial
air passenger transport to cover longer distances. These can be
used for military applications in transporting the troops from
place to place. A fixed-wing aircraft requires proper runways for
its takeoff and landing. Rotorcraft are another category which is
majorly utilized for defense applications including intelligence,
surveillance, and reconnaissance, among others. Rotorcraft are
best-suited for such applications as they can hover in the air and
have vertical takeoff and landing (VTOL) capability. However,
rotorcraft are not as fast as compared to the fixed-wing aircraft.
Therefore, the combination of both the technologies gives rise to
the development of a hybrid aircraft which is named as fixed-wing
VTOL aircraft.
(Logo:
http://mma.prnewswire.com/media/495163/BIS_Research_Logo.jpg )
Browse 17 market Data Tables and
114 Figures spread through 231
Pages, and in-depth TOC on "Global
Fixed-Wing VTOL Aircraft Market"
Fixed-wing VTOL aircraft are capable of vertical takeoff and
landing along with the higher endurance and speed due to their
aerodynamic structure. After the vertical takeoff, these aircraft
transit into a horizontal flight to attain the desired speed and
altitude. Fixed-wing VTOL aircraft are more beneficial than the
other traditional aircraft as they are not dependent on any runway
infrastructure. Furthermore, the manufacturers and research
organizations are focused on developing electric fixed-wing VTOL
aircraft which is more cost-effective and is commercialized for
various industries. This will also help in enhancing the endurance
for the requirement of longer flights.
The global fixed-wing VTOL aircraft market is categorized on the
basis of types that include fixed-wing VTOL manned aircraft and
fixed-wing hybrid VTOL UAVs. The global fixed-wing VTOL manned
aircraft market is estimated to grow at a CAGR of 19.5% during the
forecast period 2018-2028. Currently, the primary demand for
fixed-wing VTOL manned aircraft is from the military application.
However, it is expected that ongoing technical advancements will
also drive commercial as well as law-enforcement end-users to use
fixed-wing VTOL manned aircraft across various other applications.
Further, the demand for the global fixed-wing hybrid VTOL UAV
market is mainly generated from the commercial end-users. The other
industries such as law enforcement and military have also impacted
the demand. The market for fixed-wing hybrid VTOL UAVs is estimated
to grow at a CAGR of 27.8% by 2028.
Furthermore, the fixed-wing VTOL aircraft have been deployed by
various end-users into multiple industries including military,
commercial, and law enforcement. The fixed-wing VTOL manned
aircraft is currently used for military applications only. The
commercial market for fixed-wing hybrid VTOL UAVs is estimated to
grow at the highest CAGR of 28.4% during 2018-2028. The major
commercial industries that have influenced the demand for
fixed-wing hybrid VTOL UAVs include oil and gas, agriculture,
infrastructure, and cargo delivery, among others.
According to Sneha Rawal, analyst
at BIS Research, "North America
is one of the most prominent regions for the growth of the global
fixed-wing VTOL aircraft market. In 2017, North America dominated the global fixed-wing
VTOL aircraft market with the U.S. acquiring the maximum market
share, globally. However, the geographical analysis of this market
unveils an immense potential for its growth in the Asia-Pacific region. China is estimated to acquire the largest
market share and is expected to witness the highest growth rate in
this region during the period 2018-2028. The need for urban
mobility is likely to propel the growth of the global fixed-wing
VTOL aircraft market in the future."
Request Sample Pages:
https://bisresearch.com/requestsample?id=527&type=download
The market report provides a detailed analysis of the recent
trends influencing the market, along with a comprehensive study of
the future trends and technological developments. It also includes
a competitive analysis of the leading players in the industry,
including corporate overview, financial summary, and SWOT analysis.
The overall market has been segmented by types and end-users.
Fixed-wing VTOL manned aircraft and fixed-wing hybrid VTOL UAVs are
the types of the fixed-wing VTOL aircraft. Moreover, end-users
include commercial, military, and law enforcement. The report also
includes a comprehensive section on the geographical analysis
including country analysis for more than 10 different
countries.
This report is a meticulous compilation of research on more than
50 players in the fixed-wing VTOL aircraft ecosystem and draws upon
the insights from in-depth interviews with the key opinion leaders
of the leading companies, market participants, and vendors. The
report has profiles of around 15 companies which are AeroVironment,
Airbus, Arcturus UAV, Aurora Flight Sciences, BAE Systems, Boeing,
Leonardo, Lockheed Martin, Israel Aerospace Industries, Textron
Inc., ALTI UAS, Autel Robotics, Lilium, XTI Aircraft, and
Kitty Hawk, among others.
Key questions answered in the report:
- What are the trends in the global fixed-wing VTOL aircraft
market across different regions?
- What are the major driving forces that tend to increase the
demand for the fixed-wing VTOL aircraft during the forecast period
2018-2028?
- What are the major challenges inhibiting the growth of the
global fixed-wing VTOL aircraft market?
- What was the estimated revenue generated by the global
fixed-wing VTOL aircraft market by type in 2017 and what will be
the estimates by 2028?
- Which type of the fixed-wing VTOL aircraft (fixed-wing VTOL
manned aircraft and fixed-wing hybrid VTOL UAVs) will dominate the
market in the coming years?
- Which end-user of the fixed-wing VTOL aircraft market
(commercial, military, and law enforcement) will dominate in the
coming years?
- What was the total estimated revenue generated by each end-user
for different regions in the global fixed-wing VTOL aircraft market
in 2017, and what will be the estimates by 2028?
- Who are the key players in the global fixed-wing VTOL aircraft
market?
- What are the new strategies adopted by the existing market
players to make a mark in the industry?
- What significant opportunities do the fixed-wing VTOL aircraft
companies foresee?
- What is the total market share of the leading players in the
fixed-wing VTOL aircraft market?
- What are the total estimated units of the global eVTOL aircraft
market in 2025, 2030, and 2035, respectively?
Related Reports:
Global Nano Drones Market -
Analysis and Forecast, 2017-2023
Global Multi-Rotor Drones Market - Analysis and Forecast,
2016-2022
Global Airborne LiDAR System Market: Analysis and Forecast
2017-2021
About BIS Research:
BIS Research (Business Intelligence and Strategy Research) is a
global B2B market intelligence and advisory firm focusing on those
emerging technological trends which are likely to disrupt the
dynamics of the market.
With over 150 market research reports published annually, BIS
Research focuses on high technology verticals such as 3D Printing,
Advanced Materials and Chemicals, Aerospace and Defense,
Automotive, Healthcare, Electronics and Semiconductors, Robotics
and UAV, and other emerging technologies.
Our in-depth market intelligence reports focus on the market
estimations, technology analysis, emerging high-growth
applications, deeply segmented granular country-level market data,
and other important market parameters useful in the strategic
decision-making for senior management.
What distinguishes BIS Research from the rest of the players is
that we don't simply provide data but also complement it with
valuable insights and actionable inputs for the success of our
clients.
Contact:
Bhavya Banga
Email: media@bisresearch.com
BIS Research Inc.
39111 PASEO PADRE PKWY STE 315,
FREMONT CA 94538-1686
Visit our Blog @ http://bisresearch.com/blog/
Connect with us on LinkedIn @
https://www.linkedin.com/company/3720474
Connect with us on Twitter @
https://twitter.com/BISResearch