Military VTOL UAV Market to grow over 400% in the next 5 years

Amsterdam, NL - April 05, 2017 -

The new market study on military UAVs by Market Forecast indicates a growth of the Military VTOL UAV market from 81 million in 2016 to 392.8 million in 2022, so over 400%.

UAVs operated in Afghanistan and Iraq have demonstrated their usefulness in Counter-Improvised Explosive Device (C-IED) tasks. Vertical Take-Off and Landing UAVs (VTOL UAVs) are particularly seen as suitable for C-IED with the air vehicle capable of hovering at a distance to find and locate Improvised Explosive Devices (IEDs). VTOL UAVs are additionally seen as useful in urban environments, for maritime ISR tasks from naval vessels and in areas where normal fixed-wing UAV operations might be difficult due to terrain, threats or insufficient support personnel deployed at forward bases to recover the UAV. Major companies offering VTOL UAVS include Northrop Grumman with the MQ-8B/C Fire Scout, Austria’s Schiebel with the Camcopter S-100 and UMS Skeldar, a joint venture formed between Sweden’s Saab (47 per cent) and Switzerland’s UMS Aero Group (53 per cent), with the Skeldar series.

VTOL UAV Roles:

• Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR)
• Intelligence, Surveillance and Reconnaissance (ISR)
• Signals intelligence (SIGINT)

Multiple countries have bought or intend to buy VTOL UAVs like: USMC (USA), ONR (USA), Bulgaria, Germany, Greece, United Kingdom, Portugal, Norway, Korea, The Philippines and the UAE.

For everybody involved in the military VTOL UAV market and the Military UAV market in general the new market study gives deep insight in the future of military UAVs globally.

About
Market Forecast provides syndicated intelligence studies for the Aerospace and Defense market for private and public sector organizations.

Our studies display opportunities for our customers to expand in existing markets or to develop new markets and supports them in developing market strategies. All stakeholders, available products, market requirements and new technologies considered.

Market Forecast is a brand of the private owned company ASD Media BV and is located in Amsterdam, The Netherlands, Europe. The company exists for over ten years and has a long experience with market research, computer models, and online products.

In our philosophy the quality of the analyst is key for our product. Besides the unquestionable required market and analytical skills of our analysts we invest in the development of new data collection and analysis technology to offer market research that is cost-effective, of high quality, up to date and instantly available.

New technology in combination with solid analysts expertise forms market intelligence that creates your competitive advantage.
 
 
Contact:
Mr. J. Hoeve
jh@marketforecast.com
Veemkade 356
1019 HD Amsterdam
(+31) 20 486 7590

Camcopter S-100 - Image Source: Schiebel Corporation