List of Figures

FIGURE 1 MARKET SCOPE: VTOL UAV MARKET 17
FIGURE 2 STUDY LIMITATIONS 18
FIGURE 3 RESEARCH DESIGN 19
FIGURE 4 BREAK DOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION 22
FIGURE 5 VTOL UAV DEMAND FOR NON-MILITARY APPLICATION, BY INCIDENCE 23
FIGURE 6 SUPPLIER PRODUCT COVERAGE 24
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 25
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 25
FIGURE 9 DATA TRIANGULATION METHODOLOGY 26
FIGURE 10 RESEARCH ASSUMPTIONS 27
FIGURE 11 EVOLUTION OF VTOL UAVS 28
FIGURE 12 VTOL UAV MARKET SNAPSHOT (2015 VS. 2020): CIVIL AND COMMERCIAL APPLICATION TO WITNESS THE HIGHEST GROWTH IN NEXT FIVE YEARS 29
FIGURE 13 SMALL SIZE SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 30
FIGURE 14 ASIA-PACIFIC TO WITNESS CONSIDERABLE GROWTH IN VTOL UAV MARKET
BY 2020 31
FIGURE 15 U.S. : HIGHLY PROSPECTIVE MARKET WITH HUGE INVESTMENTS 31
FIGURE 16 NEW PRODUCT LAUNCHES HAVE FUELED THE GROWTH OF VTOL UAV MARKET IN LAST FOUR YEARS 32
FIGURE 17 ATTRACTIVE OPPORTUNITIES IN VTOL UAV MARKET, 2015-2020 33
FIGURE 18 COMMERCIAL APPLICATION SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR, 2015-2020 33
FIGURE 19 MILITARY APPLICATION SEGMENT EXPECTED TO CAPTURE THE HIGHEST MARKET SHARE WITHIN APAC REGION IN 2015 34
FIGURE 20 INDIA IS PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2015 TO 2020 34
FIGURE 21 MULTICOPTERS ARE EXPECTED TO EXHIBIT POSITIVE GROWTH BY 2020 35
FIGURE 22 THE SMALL SIZE SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 35
FIGURE 23 THERMAL SYSTEM IS EXPECTED TO CAPTURE THE HIGHEST MARKET SHARE
BY 2020 36
FIGURE 24 ASIA-PACIFIC MARKET TO SOON ENTER RAPID GROWTH PHASE 36
FIGURE 25 EVOLUTION OF VTOL UAV 38
FIGURE 26 GLOBAL VTOL UAV MARKET, BY APPLICATION 39
FIGURE 27 GLOBAL VTOL UAV, BY TYPE 39
FIGURE 28 GLOBAL VTOL UAV MARKET, BY SIZE 40
FIGURE 29 GLOBAL VTOL UAV MARKET, BY PROPULSION SYSTEM 40
FIGURE 30 GLOBAL VTOL UAV MARKET, BY PAYLOAD 41
FIGURE 31 GLOBAL VTOL UAV MARKET, BY GEOGRAPHY 41
FIGURE 32 DEMAND FOR VTOL UAV IN CIVIL & COMMERCIAL SECTOR IS PROJECTED TO DRIVE VTOL UAV MARKET 42
FIGURE 33 VALUE CHAIN ANALYSIS: VTOL UAV MARKET 50
FIGURE 34 SUPPLY CHAIN ANALYSIS: VTOL UAV MARKET 51
FIGURE 35 VTOL UAV: ENHANCED NEW TECHNOLOGIES, SETS A LEADING TREND IN THE MARKET 52
FIGURE 36 PORTER’S FIVE FORCES ANALYSIS 53
FIGURE 37 PORTER’S FIVE FORCES ANALYSIS: FACTORS DEGREE SUMMARY 55
FIGURE 38 GROWTH IN COMMERCIAL APPLICATION TO PUSH THE DEMAND OF VTOL UAVS FROM 2015 TO 2020 57
FIGURE 39 HIGH GROWTH RATE IS EXPECTED IN VTOL UAV APPLICATION MARKET BY 2020 58
FIGURE 40 VTOL UAV MARKET, BY ISR APPLICATION, 2015 VS. 2020 60
FIGURE 41 VTOL UAV MARKET, BY COMMUNICATION RELAY APPLICATION, 2015 VS. 2020 61
FIGURE 42 VTOL UAV MARKET, BY BORDER SECURITY & MONITORING APPLICATION 2015 VS. 2020 62
FIGURE 43 VTOL UAV MARKET, BY COMBAT OPERATIONS APPLICATION, 2015 VS. 2020 63
FIGURE 44 VTOL UAV MARKET, BY AGRICULTURE APPLICATION, 2015 VS. 2020 65
FIGURE 45 VTOL UAV MARKET, BY MAPPING & SURVEYING APPLICATION, 2015 VS. 2020 66
FIGURE 46 VTOL UAV MARKET, BY OIL & GAS APPLICATION, 2015 VS. 2020 67
FIGURE 47 VTOL UAV MARKET, BY WILDLIFE RESEARCH & SURVEY APPLICATION 2015 VS. 2020 68
FIGURE 48 VTOL UAV MARKET, BY FILM & TELEVISION INDUSTRY APPLICATION 2015 VS. 2020 69
FIGURE 49 VTOL UAV MARKET, BY PHOTOGRAPHY APPLICATION, 2015 VS. 2020 70
FIGURE 50 VTOL UAV MARKET, BY SEARCH, RESCUE & DISASTER MANAGEMENT APPLICATION, 2015 VS. 2020 72
FIGURE 51 VTOL UAV MARKET, BY POLICE OPERATIONS APPLICATION, 2015 VS. 2020 73
FIGURE 52 VTOL UAV MARKET, BY FIRE FIGHTING APPLICATION, 2015 VS. 2020 74
FIGURE 53 VTOL UAV MARKET, HIGH TRAFFIC MONITORING APPLICATION, 2015 VS. 2020 74
FIGURE 54 MULTICOPTER VTOL UAV MARKET 2015 VS 2020 (USD MILLION) 77
FIGURE 55 HELICOPTER VTOL UAV MARKET 2015 VS 2020 (USD MILLION) 78
FIGURE 56 HYBRID VTOL UAV MARKET 2015 VS 2020 (USD MILLION) 79
FIGURE 57 DEMAND FOR THE MICRO SIZED DRONE TO PUSH THE VTOL UAV MARKET FROM 2015 TO 2020 82
FIGURE 58 VTOL UAVS ARE EXPECTED TO SEE STEADY GROWTH UNTIL 2020 84
FIGURE 59 LARGE SIZE VTOL UAV MARKET, VALUE VS. VOLUME, 2015 TO 2020 85
FIGURE 60 SMALL SIZE VTOL UAV MARKET, VALUE VS. VOLUME, 2015 TO 2020 86
FIGURE 61 MEDIUM SIZE VTOL UAV MARKET, VALUE VS. VOLUME, 2015 TO 2020 87
FIGURE 62 MICRO SIZE VTOL UAV MARKET, VALUE VS. VOLUME, 2015 TO 2020 88
FIGURE 63 HYBRID PROPULSION SYSTEM BASED VTOL UAV MARKET PROJECTED TO WITNESS PROMISING DEMAND IN THE NEAR FUTURE 90
FIGURE 64 VTOL UAV MARKET, BY PROPULSION SYSTEM, 2015 VS 2020 91
FIGURE 65 VTOL UAV MARKET, BY THERMAL PROPULSION SYSTEM 2013-2020 (USD MILLION) 92
FIGURE 66 VTOL UAV MARKET, BY ELECTRICAL PROPULSION SYSTEM 2013-2020 (USD MILLION) 93
FIGURE 67 VTOL UAV MARKET, BY HYBRID PROPULSION SYSTEM, 2013-2020 (USD MILLION) 94
FIGURE 68 VTOL UAV MARKET, BY SOLAR PROPULSION SYSTEM, 2013-2020 (USD MILLION) 95
FIGURE 69 ISR PAYLOAD SEGMENT OF VTOL UAV MARKET IS PROJECTED TO BE THE POTENTIAL GROWTH POCKET BY 2020 97
FIGURE 70 VTOL UAV MARKET BY SENSORS PAYLOAD, 2015 VS 2020 (USD MILLION) 98
FIGURE 71 NORTH AMERICA IS ESTIMATED TO ACCOUNT FOR THE LARGEST MARKET SHARE IN THE VTOL UAV MARKET IN 2015 101
FIGURE 72 APAC COUNTRIES ARE PROJECTED TO WITNESS GROWTH IN THE VTOL UAV MARKET, BY APPLICATION TYPE, 2015-2020 102
FIGURE 73 NORTH AMERICA SNAPSHOT: THE U.S. IS EXPECTED TO LEAD THE VTOL UAV MARKET, IN TERMS OF MARKET SHARE FROM 2015 TO 2020 103
FIGURE 74 EUROPE SNAPSHOT: RUSSIA VTOL UAV MARKET IS PROJECTED TO WITNESS THE FASTEST GROWTH FROM 2015 TO 2020 108
FIGURE 75 ASIA-PACIFIC SNAPSHOT: CHINA IS PROJECTED TO ACCOUNT FOR THE LARGEST SHARE IN THE FASTEST GROWING ASIA-PACIFIC VTOL UAV MARKET 115
FIGURE 76 MIDDLE EAST SNAPSHOT: ISRAEL WILL BE A POTENTIAL VTOL UAV MARKET IN THE REGION FROM 2015 TO 2020 122
FIGURE 77 LATIN AMERICA SNAPSHOT: BRAZIL IS PROJECTED TO HOLD A MAJOR MARKET SHARE IN THE VTOL UAV IN THE REGION FROM 2015 TO 2020 127
FIGURE 78 AFRICA SNAPSHOT: MILITARY APPLICATION IS THE LEADING SEGMENT FOR THE VTOL UAV MARKET IN THE REGION FROM 2015 TO 2020 132
FIGURE 79 COMPANIES ADOPTED NEW PRODUCT LAUNCHES AS THE KEY GROWTH STRATEGY BETWEEN 2011 AND 2015 136
FIGURE 80 ISRAEL AEROSPACE INDUSTRIES LIMITED WAS THE ONLY COMPANY WHICH SHOWED POSITIVE GROWTH BETWEEN 2012 AND 2014 137
FIGURE 81 VTOL UAV MARKET SHARE ANALYSIS, BY KEY PLAYER, 2014 138
FIGURE 82 VTOL UAV MARKET SHARE ANALYSIS, BY REGION, 2014 139
FIGURE 83 VTOL UAV MARKET HAS WITNESSED SIGNIFICANT GROWTH BETWEEN
2012 AND 2014 140
FIGURE 84 NEW PRODUCT LAUNCHES ARE AMONG THE KEY GROWTH STRATEGIES ADOPTED BETWEEN 2011 TO 2015 140
FIGURE 85 GEOGRAPHIC REVENUE MIX OF TOP THREE MARKET PLAYERS, 2014 144
FIGURE 86 NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW 145
FIGURE 87 SWOT ANALYSIS: NORTHROP GRUMMAN CORPORATION 147
FIGURE 88 LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW 150
FIGURE 89 LOCKHEED MARTIN CORPORATION: SWOT ANALYSIS 152
FIGURE 90 ISRAEL AEROSPACE INDUSTRIES LTD.: BUSINESS OVERVIEW 153
FIGURE 91 ISRAEL AEROSPACE INDUSTRIES LTD.: SWOT ANALYSIS 155
FIGURE 92 AEROVIRONMENT, INC.: BUSINESS OVERVIEW 157
FIGURE 93 AEROVIRONMENT, INC.: SWOT ANALYSIS 159
FIGURE 94 SAAB AB: BUSINESS OVERVIEW 160
FIGURE 95 SAAB AB: SWOT ANALYSIS 162
FIGURE 96 TEXTRON INC.: BUSINESS OVERVIEW 163
FIGURE 97 TEXTRON, INC.: SWOT ANALYSIS 164
FIGURE 98 THE BOEING CO. : BUSINESS OVERVIEW 165
FIGURE 99 THE BOEING COMPANY: SWOT ANALYSIS 166

 

List of Tables

TABLE 1 INCREASING PRODUCTION OF VTOL UAV FOR NON-MILITARY APPLICATIONS IS DRIVING GROWTH OF THE VTOL UAV MARKET 43
TABLE 2 STRICT AIRSPACE REGULATION AND LACK OF SKILLED AND TRAINED PILOTS ARE LIMITING MARKET PROGRESS 45
TABLE 3 INCREASING DEMAND OF UAV IN EMERGING ECONOMIES FOR SEVERAL COMMERCIAL APPLICATIONS 46
TABLE 4 PRIVACY AND NUISANCE CONCERNS AND REGULATORY POLICIES AND PROCEDURAL ISSUES POSE CHALLENGES TO THE MARKET 47
TABLE 5 VTOL UAV MARKET, BY APPLICATION, 2013-2020 (USD MILLION) 58
TABLE 6 VTOL UAV MARKET, BY MILITARY APPLICATION, 2013-2020 (USD MILLION) 59
TABLE 7 VTOL UAV MARKET, BY CIVIL & COMMERCIAL APPLICATION,
2013-2020 (USD MILLIO) 64
TABLE 8 VTOL UAV MARKET, BY HOMELAND SECURITY APPLICATION 2013-2020 (USD MILLION) 71
TABLE 9 VTOL UAV MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 77
TABLE 10 MULTICOPTER VTOL UAV MARKET SIZE, 2013-2020 (UNITS) 78
TABLE 11 HELICOPTER VTOL UAV MARKET SIZE 2013-2020 (UNITS) 79
TABLE 12 HYBRID VTOL UAV MARKET SIZE, 2013-2020 (UNITS) 80
TABLE 13 VTOL UAV MARKET SIZE, BY SIZE, 2013-2020 (USD MILLION) 83
TABLE 14 VTOL UAV MARKET VOLUME, BY SIZE, 2013-2020 (UNITS) 83
TABLE 15 LARGE SIZE VTOL UAV MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 85
TABLE 16 SMALL SIZE VTOL UAV MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 86
TABLE 17 MEDIUM SIZE VTOL UAV MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 87
TABLE 18 MICRO SIZE VTOL UAV MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 88
TABLE 19 VTOL UAV MARKET, BY PROPULSION SYSTEM, 2013-2020 (USD MILLION) 91
TABLE 20 VTOL UAV MARKET, BY PAYLOAD, 2013-2020 (USD MILLION) 97
TABLE 21 VTOL UAV MARKET, BY SENSORS PAYLOAD, 2013-2020 (USD MILLION) 99
TABLE 22 VTOL UAV MARKET, BY REGION, 2013-2020 (USD MILLION) 101
TABLE 23 NORTH AMERICA: VTOL UAV MARKET, BY COUNTRY, 2013-2020 (USD MILLION) 103
TABLE 24 NORTH AMERICA: VTOL UAV MARKET, BY APPLICATION TYPE 2013-2020 (USD MILLION) 104
TABLE 25 NORTH AMERICA: VTOL UAV MARKET, BY MILITARY APPLICATION 2013-2020 (USD MILLION) 104
TABLE 26 NORTH AMERICA: VTOL UAV MARKET, BY CIVIL AND COMMERCIAL APPLICATION, 2013-2020 (USD MILLION) 105
TABLE 27 NORTH AMERICA: VTOL UAV MARKET, BY HOMELAND SECURITY APPLICATION, 2013-2020 (USD MILLION) 105
TABLE 28 U.S.: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 106
TABLE 29 CANADA: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 107
TABLE 30 EUROPE: VTOL UAV MARKET, BY COUNTRY, 2013-2020 (USD MILLION) 109
TABLE 31 EUROPE: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 109
TABLE 32 EUROPE: VTOL UAV MARKET, BY MILITARY APPLICATION 2013-2020 (USD MILLION) 110
TABLE 33 EUROPE: VTOL UAV MARKET, BY CIVIL AND COMMERCIAL APPLICATION 2013-2020 (USD MILLION) 110
TABLE 34 EUROPE: VTOL UAV MARKET, BY HOMELAND SECURITY APPLICATION 2013-2020 (USD MILLION) 111
TABLE 35 RUSSIA: VTOL UAV MARKET, BY APPLICATION, 2013-2020 (USD MILLION) 112
TABLE 36 U.K: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 112
TABLE 37 GERMANY: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 113
TABLE 38 FRANCE: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 114
TABLE 39 AUSTRIA: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 114
TABLE 40 ASIA-PACIFIC: VTOL UAV MARKET, BY COUNTRY, 2013-2020 (USD MILLION) 116
TABLE 41 ASIA-PACIFIC: VTOL UAV MARKET, BY APPLICATION TYPE 2013-2020 (USD MILLION) 116
TABLE 42 ASIA-PACIFIC: VTOL UAV MARKET, BY MILITARY APPLICATION 2013-2020 (USD MILLION) 117
TABLE 43 ASIA-PACIFIC: VTOL UAV MARKET, BY CIVIL AND COMMERCIAL APPLICATION, 2013-2020 (USD MILLION) 117
TABLE 44 ASIA-PACIFIC: VTOL UAV MARKET, BY HOMELAND SECURITY APPLICATION 2013-2020 (USD MILLION) 118
TABLE 45 CHINA: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 118
TABLE 46 AUSTRALIA: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 119
TABLE 47 JAPAN: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 119
TABLE 48 SOUTH KOREA: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 120
TABLE 49 INDIA: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 121
TABLE 50 MIDDLE EAST: VTOL UAV MARKET, BY COUNTRY, 2013-2020 (USD MILLION) 122
TABLE 51 MIDDLE EAST: VTOL UAV MARKET, BY APPLICATION TYPE 2013-2020 (USD MILLION) 123
TABLE 52 MIDDLE EAST: VTOL UAV MARKET, BY MILITARY APPLICATION 2013-2020 (USD MILLION) 123
TABLE 53 MIDDLE EAST: VTOL UAV MARKET, BY CIVIL AND COMMERCIAL APPLICATION, 2013-2020 (USD MILLION) 124
TABLE 54 MIDDLE EAST: VTOL UAV MARKET, BY HOMELAND SECURITY APPLICATION 2013-2020 (USD MILLION) 124
TABLE 55 ISRAEL: VTOL UAV MARKET, BY APPLICATION, 2013-2020 (USD MILLION) 125
TABLE 56 SAUDI ARABIA: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 125
TABLE 57 IRAN: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 126
TABLE 58 TURKEY: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 126
TABLE 59 LATIN AMERICA: VTOL UAV MARKET, BY COUNTRY, 2013-2020 (USD MILLION) 128
TABLE 60 LATIN AMERICA: VTOL UAV MARKET, BY APPLICATION TYPE 2013-2020 (USD MILLION) 128
TABLE 61 LATIN AMERICA: VTOL UAV MARKET, BY MILITARY APPLICATION 2013-2020 (USD MILLION) 128
TABLE 62 LATIN AMERICA: VTOL UAV MARKET, BY CIVIL AND COMMERCIAL APPLICATION, 2013-2020 (USD MILLION) 129
TABLE 63 LATIN AMERICA: VTOL UAV MARKET, BY HOMELAND SECURITY APPLICATION, 2013-2020 (USD MILLION) 129
TABLE 64 BRAZIL : VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 130
TABLE 65 MEXICO : VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 130
TABLE 66 ARGENTINA : VTOL UAV MARKET, BY APPLICATION TYPE 2013-2020 (USD MILLION) 131
TABLE 67 AFRICA: VTOL UAV MARKET, BY APPLICATION TYPE, 2013-2020 (USD MILLION) 132
TABLE 68 AFRICA: VTOL UAV MARKET, BY MILITARY APPLICATION, 2013-2020 (USD MILLION) 133
TABLE 69 AFRICA: VTOL UAV MARKET, BY CIVIL AND COMMERCIAL APPLICATION 2013-2020 (USD MILLION) 133
TABLE 70 AFRICA: VTOL UAV MARKET, BY HOMELAND SECURITY APPLICATION 2013-2020 (USD MILLION) 134
TABLE 71 NEW PRODUCT LAUNCHES, 2011-2015 141
TABLE 72 MERGERS & ACQUISITIONS, 2011-2015 141
TABLE 73 PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES, 2011–2015 142
TABLE 74 CONTRACTS, 2011-2015 142
TABLE 75 NEW PRODUCT LAUNCHES, 2011-2015 171
TABLE 76 MERGERS & ACQUISITIONS, 2011-2015 172
TABLE 77 PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES, 2011–2015 172
TABLE 78 CONTRACTS, 2011-2015 172