The global VTOL UAV market was valued at 142.43 Million USD in 2020 and will grow with a CAGR of 8.88% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
An unmanned aerial vehicle (UAV), commonly known as a drone, as an unmanned aircraft system (UAS), or by several other names, is an aircraft without a human pilot aboard. The flight of UAVs may operate with various degrees of autonomy: either under remote control by a human operator, or fully or intermittently autonomously, by onboard computers. Compared to manned aircraft, UAVs are often preferred for missions that are too "dull, dirty or dangerous" for humans. They originated mostly in military applications, although their use is expanding in commercial, scientific, recreational, agricultural, and other applications, such as policing and surveillance, aerial photography, agriculture and drone racing.As for the global VTOL UAV industry, the top three manufacturers have 82.79% revenue market share in 2015. The Chinese giant DJI, which has 62.03% market share in 2015, is the leader in the VTOL UAV industry. The manufacturers following are Parrot SA, 3D Robotics and AscTec, which respectively has 14.66%, 2.10% and 0.68% market share globally. The revenue of global VTOL UAV sales market has a rising from 709.31 m dollars in 2014 to 1235.00 m dollars in 2015, and it`s respected to reach 2049.42 m dollars in 2021. The high suitability of VTOL UAVs for civil applications is one of the key drivers for this market. The downstream industries of VTOL UAV products are Military, Homeland Security and Civil & Commercial. In the recent years, the demand of for VTOL UAVs for civil and commercial applications is growing, and the ability of VTOL UAVs to aid in these industries, will certainly result in market growth during the predicted period too. Although sales of VTOL UAV products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the VTOL UAV field hastily.
By Market Verdors:
DJI
PARROT
3D Robotics
AscTec
Yamaha
XAIRCRAFT
ZERO TECH
Ehang
IAI
CybAero
Alpha Unmanned Systems
Microdrones
Ewatt
Hanhe
GoPro
LONCIN MOTOR
By Types:
Small Sized VTOL UAV (<150 Kg)
Large Sized VTOL UAV (≥150 Kg)
By Applications:
Military
Homeland Security
Civil & Commercial
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global VTOL UAV Market Size Analysis from 2022 to 2027
1.5.1 Global VTOL UAV Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global VTOL UAV Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global VTOL UAV Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: VTOL UAV Industry Impact
Chapter 2 Global VTOL UAV Competition by Types, Applications, and Top Regions and Countries
2.1 Global VTOL UAV (Volume and Value) by Type
2.1.1 Global VTOL UAV Consumption and Market Share by Type (2016-2021)
2.1.2 Global VTOL UAV Revenue and Market Share by Type (2016-2021)
2.2 Global VTOL UAV (Volume and Value) by Application
2.2.1 Global VTOL UAV Consumption and Market Share by Application (2016-2021)
2.2.2 Global VTOL UAV Revenue and Market Share by Application (2016-2021)
2.3 Global VTOL UAV (Volume and Value) by Regions
2.3.1 Global VTOL UAV Consumption and Market Share by Regions (2016-2021)
2.3.2 Global VTOL UAV Revenue and Market Share by Regions (2016-2021)
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
3.1.2 2016-2021 Major Manufacturers Performance and Market Share
3.2 Regional Production Market Analysis
3.2.1 2016-2021 Regional Market Performance and Market Share
3.2.2 North America Market
3.2.3 East Asia Market
3.2.4 Europe Market
3.2.5 South Asia Market
3.2.6 Southeast Asia Market
3.2.7 Middle East Market
3.2.8 Africa Market
3.2.9 Oceania Market
3.2.10 South America Market
3.2.11 Rest of the World Market
Chapter 4 Global VTOL UAV Sales, Consumption, Export, Import by Regions (2016-2021)
4.1 Global VTOL UAV Consumption by Regions (2016-2021)
4.2 North America VTOL UAV Sales, Consumption, Export, Import (2016-2021)
4.3 East Asia VTOL UAV Sales, Consumption, Export, Import (2016-2021)
4.4 Europe VTOL UAV Sales, Consumption, Export, Import (2016-2021)
4.5 South Asia VTOL UAV Sales, Consumption, Export, Import (2016-2021)
4.6 Southeast Asia VTOL UAV Sales, Consumption, Export, Import (2016-2021)
4.7 Middle East VTOL UAV Sales, Consumption, Export, Import (2016-2021)
4.8 Africa VTOL UAV Sales, Consumption, Export, Import (2016-2021)
4.9 Oceania VTOL UAV Sales, Consumption, Export, Import (2016-2021)
4.10 South America VTOL UAV Sales, Consumption, Export, Import (2016-2021)
Chapter 5 North America VTOL UAV Market Analysis
5.1 North America VTOL UAV Consumption and Value Analysis
5.1.1 North America VTOL UAV Market Under COVID-19
5.2 North America VTOL UAV Consumption Volume by Types
5.3 North America VTOL UAV Consumption Structure by Application
5.4 North America VTOL UAV Consumption by Top Countries
5.4.1 United States VTOL UAV Consumption Volume from 2016 to 2021
5.4.2 Canada VTOL UAV Consumption Volume from 2016 to 2021
5.4.3 Mexico VTOL UAV Consumption Volume from 2016 to 2021
Chapter 6 East Asia VTOL UAV Market Analysis
6.1 East Asia VTOL UAV Consumption and Value Analysis
6.1.1 East Asia VTOL UAV Market Under COVID-19
6.2 East Asia VTOL UAV Consumption Volume by Types
6.3 East Asia VTOL UAV Consumption Structure by Application
6.4 East Asia VTOL UAV Consumption by Top Countries
6.4.1 China VTOL UAV Consumption Volume from 2016 to 2021
6.4.2 Japan VTOL UAV Consumption Volume from 2016 to 2021
6.4.3 South Korea VTOL UAV Consumption Volume from 2016 to 2021
Chapter 7 Europe VTOL UAV Market Analysis
7.1 Europe VTOL UAV Consumption and Value Analysis
7.1.1 Europe VTOL UAV Market Under COVID-19
7.2 Europe VTOL UAV Consumption Volume by Types
7.3 Europe VTOL UAV Consumption Structure by Application
7.4 Europe VTOL UAV Consumption by Top Countries
7.4.1 Germany VTOL UAV Consumption Volume from 2016 to 2021
7.4.2 UK VTOL UAV Consumption Volume from 2016 to 2021
7.4.3 France VTOL UAV Consumption Volume from 2016 to 2021
7.4.4 Italy VTOL UAV Consumption Volume from 2016 to 2021
7.4.5 Russia VTOL UAV Consumption Volume from 2016 to 2021
7.4.6 Spain VTOL UAV Consumption Volume from 2016 to 2021
7.4.7 Netherlands VTOL UAV Consumption Volume from 2016 to 2021
7.4.8 Switzerland VTOL UAV Consumption Volume from 2016 to 2021
7.4.9 Poland VTOL UAV Consumption Volume from 2016 to 2021
Chapter 8 South Asia VTOL UAV Market Analysis
8.1 South Asia VTOL UAV Consumption and Value Analysis
8.1.1 South Asia VTOL UAV Market Under COVID-19
8.2 South Asia VTOL UAV Consumption Volume by Types
8.3 South Asia VTOL UAV Consumption Structure by Application
8.4 South Asia VTOL UAV Consumption by Top Countries
8.4.1 India VTOL UAV Consumption Volume from 2016 to 2021
8.4.2 Pakistan VTOL UAV Consumption Volume from 2016 to 2021
8.4.3 Bangladesh VTOL UAV Consumption Volume from 2016 to 2021
Chapter 9 Southeast Asia VTOL UAV Market Analysis
9.1 Southeast Asia VTOL UAV Consumption and Value Analysis
9.1.1 Southeast Asia VTOL UAV Market Under COVID-19
9.2 Southeast Asia VTOL UAV Consumption Volume by Types
9.3 Southeast Asia VTOL UAV Consumption Structure by Application
9.4 Southeast Asia VTOL UAV Consumption by Top Countries
9.4.1 Indonesia VTOL UAV Consumption Volume from 2016 to 2021
9.4.2 Thailand VTOL UAV Consumption Volume from 2016 to 2021
9.4.3 Singapore VTOL UAV Consumption Volume from 2016 to 2021
9.4.4 Malaysia VTOL UAV Consumption Volume from 2016 to 2021
9.4.5 Philippines VTOL UAV Consumption Volume from 2016 to 2021
9.4.6 Vietnam VTOL UAV Consumption Volume from 2016 to 2021
9.4.7 Myanmar VTOL UAV Consumption Volume from 2016 to 2021
Chapter 10 Middle East VTOL UAV Market Analysis
10.1 Middle East VTOL UAV Consumption and Value Analysis
10.1.1 Middle East VTOL UAV Market Under COVID-19
10.2 Middle East VTOL UAV Consumption Volume by Types
10.3 Middle East VTOL UAV Consumption Structure by Application
10.4 Middle East VTOL UAV Consumption by Top Countries
10.4.1 Turkey VTOL UAV Consumption Volume from 2016 to 2021
10.4.2 Saudi Arabia VTOL UAV Consumption Volume from 2016 to 2021
10.4.3 Iran VTOL UAV Consumption Volume from 2016 to 2021
10.4.4 United Arab Emirates VTOL UAV Consumption Volume from 2016 to 2021
10.4.5 Israel VTOL UAV Consumption Volume from 2016 to 2021
10.4.6 Iraq VTOL UAV Consumption Volume from 2016 to 2021
10.4.7 Qatar VTOL UAV Consumption Volume from 2016 to 2021
10.4.8 Kuwait VTOL UAV Consumption Volume from 2016 to 2021
10.4.9 Oman VTOL UAV Consumption Volume from 2016 to 2021
Chapter 11 Africa VTOL UAV Market Analysis
11.1 Africa VTOL UAV Consumption and Value Analysis
11.1.1 Africa VTOL UAV Market Under COVID-19
11.2 Africa VTOL UAV Consumption Volume by Types
11.3 Africa VTOL UAV Consumption Structure by Application
11.4 Africa VTOL UAV Consumption by Top Countries
11.4.1 Nigeria VTOL UAV Consumption Volume from 2016 to 2021
11.4.2 South Africa VTOL UAV Consumption Volume from 2016 to 2021
11.4.3 Egypt VTOL UAV Consumption Volume from 2016 to 2021
11.4.4 Algeria VTOL UAV Consumption Volume from 2016 to 2021
11.4.5 Morocco VTOL UAV Consumption Volume from 2016 to 2021
Chapter 12 Oceania VTOL UAV Market Analysis
12.1 Oceania VTOL UAV Consumption and Value Analysis
12.2 Oceania VTOL UAV Consumption Volume by Types
12.3 Oceania VTOL UAV Consumption Structure by Application
12.4 Oceania VTOL UAV Consumption by Top Countries
12.4.1 Australia VTOL UAV Consumption Volume from 2016 to 2021
12.4.2 New Zealand VTOL UAV Consumption Volume from 2016 to 2021
Chapter 13 South America VTOL UAV Market Analysis
13.1 South America VTOL UAV Consumption and Value Analysis
13.1.1 South America VTOL UAV Market Under COVID-19
13.2 South America VTOL UAV Consumption Volume by Types
13.3 South America VTOL UAV Consumption Structure by Application
13.4 South America VTOL UAV Consumption Volume by Major Countries
13.4.1 Brazil VTOL UAV Consumption Volume from 2016 to 2021
13.4.2 Argentina VTOL UAV Consumption Volume from 2016 to 2021
13.4.3 Columbia VTOL UAV Consumption Volume from 2016 to 2021
13.4.4 Chile VTOL UAV Consumption Volume from 2016 to 2021
13.4.5 Venezuela VTOL UAV Consumption Volume from 2016 to 2021
13.4.6 Peru VTOL UAV Consumption Volume from 2016 to 2021
13.4.7 Puerto Rico VTOL UAV Consumption Volume from 2016 to 2021
13.4.8 Ecuador VTOL UAV Consumption Volume from 2016 to 2021
Chapter 14 Company Profiles and Key Figures in VTOL UAV Business
14.1 DJI
14.1.1 DJI Company Profile
14.1.2 DJI VTOL UAV Product Specification
14.1.3 DJI VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.2 PARROT
14.2.1 PARROT Company Profile
14.2.2 PARROT VTOL UAV Product Specification
14.2.3 PARROT VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.3 3D Robotics
14.3.1 3D Robotics Company Profile
14.3.2 3D Robotics VTOL UAV Product Specification
14.3.3 3D Robotics VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.4 AscTec
14.4.1 AscTec Company Profile
14.4.2 AscTec VTOL UAV Product Specification
14.4.3 AscTec VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.5 Yamaha
14.5.1 Yamaha Company Profile
14.5.2 Yamaha VTOL UAV Product Specification
14.5.3 Yamaha VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.6 XAIRCRAFT
14.6.1 XAIRCRAFT Company Profile
14.6.2 XAIRCRAFT VTOL UAV Product Specification
14.6.3 XAIRCRAFT VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.7 ZERO TECH
14.7.1 ZERO TECH Company Profile
14.7.2 ZERO TECH VTOL UAV Product Specification
14.7.3 ZERO TECH VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.8 Ehang
14.8.1 Ehang Company Profile
14.8.2 Ehang VTOL UAV Product Specification
14.8.3 Ehang VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.9 IAI
14.9.1 IAI Company Profile
14.9.2 IAI VTOL UAV Product Specification
14.9.3 IAI VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.10 CybAero
14.10.1 CybAero Company Profile
14.10.2 CybAero VTOL UAV Product Specification
14.10.3 CybAero VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.11 Alpha Unmanned Systems
14.11.1 Alpha Unmanned Systems Company Profile
14.11.2 Alpha Unmanned Systems VTOL UAV Product Specification
14.11.3 Alpha Unmanned Systems VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.12 Microdrones
14.12.1 Microdrones Company Profile
14.12.2 Microdrones VTOL UAV Product Specification
14.12.3 Microdrones VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.13 Ewatt
14.13.1 Ewatt Company Profile
14.13.2 Ewatt VTOL UAV Product Specification
14.13.3 Ewatt VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.14 Hanhe
14.14.1 Hanhe Company Profile
14.14.2 Hanhe VTOL UAV Product Specification
14.14.3 Hanhe VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.15 GoPro
14.15.1 GoPro Company Profile
14.15.2 GoPro VTOL UAV Product Specification
14.15.3 GoPro VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.16 LONCIN MOTOR
14.16.1 LONCIN MOTOR Company Profile
14.16.2 LONCIN MOTOR VTOL UAV Product Specification
14.16.3 LONCIN MOTOR VTOL UAV Production Capacity, Revenue, Price and Gross Margin (2016-2021)
Chapter 15 Global VTOL UAV Market Forecast (2022-2027)
15.1 Global VTOL UAV Consumption Volume, Revenue and Price Forecast (2022-2027)
15.1.1 Global VTOL UAV Consumption Volume and Growth Rate Forecast (2022-2027)
15.1.2 Global VTOL UAV Value and Growth Rate Forecast (2022-2027)
15.2 Global VTOL UAV Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027)
15.2.1 Global VTOL UAV Consumption Volume and Growth Rate Forecast by Regions (2022-2027)
15.2.2 Global VTOL UAV Value and Growth Rate Forecast by Regions (2022-2027)
15.2.3 North America VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.4 East Asia VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.5 Europe VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.6 South Asia VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.7 Southeast Asia VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.8 Middle East VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.9 Africa VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.10 Oceania VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.11 South America VTOL UAV Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.3 Global VTOL UAV Consumption Volume, Revenue and Price Forecast by Type (2022-2027)
15.3.1 Global VTOL UAV Consumption Forecast by Type (2022-2027)
15.3.2 Global VTOL UAV Revenue Forecast by Type (2022-2027)
15.3.3 Global VTOL UAV Price Forecast by Type (2022-2027)
15.4 Global VTOL UAV Consumption Volume Forecast by Application (2022-2027)
15.5 VTOL UAV Market Forecast Under COVID-19
Chapter 16 Conclusions
Research Methodology
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
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