DUBLIN, January 17, 2022 /PRNewswire/ — The report “Military Vertical Take-off and Landing Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” has been added to from ResearchAndMarkets.com offer.

The global vertical take-off and landing military aircraft market grew at a CAGR of approximately 4% during the period 2015-2020.

Vertical take-off and landing (VTOL) military aircraft operate, take off and land from the same location, small platform or unprepared site without the need for a long runway. It contains light and efficient turbojet engines and can perform more maneuvers than conventional aircraft. It is widely used to transport troops quickly, easily and safely from base or aircraft carriers to battle fronts. It is also used to provide essential supplies to victims of natural disasters during rescue missions. Currently, VTOL Unmanned Aerial Vehicles (UAVs) such as drones that use electric motors are gaining adoption in defense and military sectors around the world because they are more energy efficient. energy than jet engines.

With increasing international border disputes, government agencies in several counties are purchasing and replacing existing aircraft with next-generation military equipment and weapons. This represents one of the major factors propelling the growth of the market. Moreover, since VTOL drones can land in difficult and compact areas, they are used in counter-terrorism to provide surveillance and monitoring of terrorist activities in remote areas.

Apart from this, the growing demand for military aircraft that can operate from austere bases and in the front line combat area is positively influencing the growth of the market. Their demand is also increasing in areas vulnerable to natural disasters to mitigate damage. Additionally, due to growing environmental concerns, manufacturers are using different technologies and production strategies to develop hybrid-electric VTOL aircraft with efficient aerodynamic forces and lower operating costs. Looking ahead, the publisher expects the global vertical take-off and landing military aircraft market to show moderate growth over the next five years.

The publisher provides an analysis of the main trends in each sub-segment of the global vertical take-off and landing military aircraft market report, as well as growth forecasts at the global, regional and country levels from 2021 to 2026. The report has classified the market based on region, aircraft type, application and end user.

Breakdown by aircraft type:

Breakdown by application:

• combat operations
• Agriculture and mining
• Border management
• Combat damage management
• Others

Breakdown by end user:

• Military
• Civil and Commercial
• homeland security

Breakdown by region:

• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of major players i.e. AeroVironment Inc., Airbus SE (Airbus Group), BAE Systems Plc, Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Neva Aerospace Ltd. ., Northrop Grumman Corporation, Saab AB, Textron Inc. and The Boeing Company.

Answers to key questions in this report:

• How has the global vertical take-off and landing military aircraft market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global vertical take-off and landing military aircraft market?
• What are the main regional markets?
• What is the breakdown of the market by aircraft type?
• What is the market breakdown by application?
• What are the different stages of the industry value chain?
• What are the key drivers and challenges in the industry?
• What is the structure of the global vertical take-off and landing military aircraft market and who are the key players?
• How competitive is the industry?

Companies cited

• AeroVironment Inc.
• Airbus SE (Airbus Group)
• BAE Systems Plc
• Israel Aerospace Industries Ltd.
• Lockheed Martin Company
• Neva Aerospace Ltd.
• Northrop Grumman Company
• Saab AB
• textron inc.
• The Boeing Company

For more information about this report visit https://www.researchandmarkets.com/r/pv3pcf

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SOURCE Research and Markets