Improvement in Power Systems Will Significantly Propel the Global VTOL UAV Market Until 2020, Says Technavio

This report titled ‘Global VTOL UAV Market 2016-2020‘, provides an in-depth analysis of the market in terms of revenue and emerging trends. The report provides a breakdown of market shares for the leading geographies, including Americas, EMEA, and APAC.

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“The global coated abrasives market is highly competitive. Therefore, manufacturers are focusing on the development of innovative products to gain a competitive edge in the market and to increase their profit margins. Manufacturers have undertaken many strategic initiatives to survive in this intensely competitive market. For instance, manufacturers are pursuing forward integration strategies in the abrasives value chain,” said Abhay Singh, one of Technavio’s lead industry analysts for defense.

“Over the past few years, fuel cells have undergone ceaseless modifications. A fuel cell hosts the chemical reaction that converts the chemical energy of fuels into electrical energy. Fuel cells differ from batteries in the requirement of a continuous source of fuel and air to sustain chemical reactions. However, in a cell, the chemical present inside the battery reacts with each other to generate electricity,” added Abhay.

Some of the other driving forces behind the growth of the global VTOL UAV market are as follows:

  • Increased demand for civil-commercial applications
  • Suitability of VTOL UAVs for urban applications
  • Utilization of VTOL UAVs for military applications

Increased demand for civil-commercial applications

Improvements in technology and economical acquisition and operations have led to the rapid demand for commercial UAVs. Commercial UAVs are used for surveying, scanning, aerial photography, 3D mapping, oil and gas pipeline monitoring, wind turbine blade inspection, real estate survey, and many other similar applications.

Until 2015, most of the commercial UAVs in use were small multirotor UAVs or single-rotor helicopter-configured UAVs. They are highly beneficial for monitoring oil and gas pipelines, aerial photography, and wind farm monitoring owing to their high stability and hover capabilities.

Suitability of VTOL UAVs for urban applications

VTOL UAVs can take off and land without a runway. The ability of these UAVs, compared to other fixed-wing UAVs, makes it suitable for operation even in urban areas. Fixed-wing UAVs need a track or certain length of open space. Therefore, in most of the cases, these fixed-wing UAVs cannot be launched from a rooftop or constrained areas. Whereas VTOL UAVs can be launched from a roof, vehicle or even hand launched. Since police, firefighters, and other civil and commercial agencies are extensively using UAVs, the need for urban operations of VTOL UAVs has also widely increased.

Utilization of VTOL UAVs for military applications

In recent years, advancement in technology has allowed UAVs to overcome critical deficiencies (such as navigational issues and automated operation) and become an integral part of the mainstream military applications. For example, UAVs that are used for military operations feature small warheads, communication link over vast distances, and multiple sensors including an infrared camera and jammer payloads. UAVs used for 3D photogrammetric missions (such as on Interspect UAS B 3.1 Flying Lab) have a remote sensing platform equipped with a DSLR camera, humidity meter, and many more additional features.

The primary uses of UAVs in the military are ISR and spy missions, communications applications, search and rescue, security, disaster management, and monitoring. They also find their applications in the field of war field management, aerial reconnaissance, and for alerting against chemical, biological, and nuclear threats.

In most of these applications, UAVs have to be deployed at a short notice, from any location, as and when required. Conventional fixed-wing UAVs (that need runways) are not of great use in difficult terrains or remote areas. Therefore, the use of VTOL UAVs for military applications has largely increased because of its easy deployment from any terrain or mission areas.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

From: http://www.businesswire.com/news/home/20160422005029/en/Improvement-Power-Systems-Significantly-Propel-Global-VTOL