Fixed-Wing VTOL UAS Market Size is Estimated to grow at a CAGR of 24.2% during the forecast period

• At a CAGR of 24.2% over the course of the forecast period, the Fixed-Wing VTOL UAS market is expected to grow from USD 347.3 million in 2022 to USD 1,960.3 million by 2030.
• The primary drivers of the market's growth include the expansion of military and defense applications worldwide, enhanced surveillance and reconnaissance capabilities in comparison to conventional manned aircraft, and the rising demand for data collecting and remote sensing. ?

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Market Segmentation

• The fixed-wing VTOL UAS market is segmented into three segments based on MTOW: 100-200 Kg, 200-300 Kg, and 300-600 Kg. Among these, the 100-200 Kg segment is expected to dominate the market in terms of market share during the forecast period, while the 300-600 Kg segment is forecasted to grow at the highest rate in terms of CAGR during the forecast period.
• On the basis of range, the market is segmented into visual line of sight (VLOS), extended visual line of sight (EVLOS), and beyond visual line of sight (BVLOS).
• Based on end users, the market is segmented into military & defense, oil & gas, construction & mining, agriculture & environmental, delivery & logistics, and other end user.
• Among these military & defense segments is expected to dominate the market in terms of market share, while the agriculture & environmental segment is also forecasted to grow at the highest rate in terms of CAGR during the forecast period.

Key Manufacturers

·?????????Israel Aerospace Industries (IAI)

·?????????AeroVironment Inc.

·?????????Lockheed Martin Corporation

·?????????Textron, Inc

·?????????ALTI UAS

·?????????Bluebird Aero Systems Ltd.

·?????????Quantum Systems GmbH

·?????????Threod Systems

·?????????UKRSPECSYSTEMS

·?????????Tekever

·?????????Other Players

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