Global Fixed-Wing UAVs Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Fixed-Wing UAVs Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Fixed-Wing UAVs market finds that the global Fixed-Wing UAVs market reached a value of USD 701.22 million in 2022. It’s expected that the market will achieve USD 1053.0 million by 2028, exhibiting a CAGR of 7.01% during the forecast period.

Fixed-wing UAVs are long-lived UAVs. Compared with multi-rotor UAVs, they cover a large area. They are faster, but require larger take-off and landing areas. Flying and landing these drones requires more learning.

During the COVID-19 epidemic, drones play an important role in disinfection operations. Compared with traditional methods, they can cover a larger area and at the same time reduce the risk for workers, who would otherwise spend more time exposed to viruses and disinfectants. The application of disinfection comes from the application of agricultural drones. In the agricultural field, compared with manual or traditional machinery, drones have obvious advantages in crop planting (pollination), spraying pesticides, fertilizing, and monitoring growth, pests and diseases. This application can better promote the development of smart agriculture and improve agricultural production efficiency. The drone can also transport COVID-19 test samples for medical institutions and conduct tests.

Strength

The adoption rate of fixed-wing drones in the military industry continues to increase
The increase in the adoption rate of fixed-wing UAVs in the military industry and the increasing demand for counter-terrorism have promoted the prosperity of the fixed-wing UAV market. The increased adoption of unmanned and technologically advanced products in the defense industry is driving the growth of the fixed-wing UAV market.
The adoption rate of fixed-wing drones in the commercial industry continues to increase
The adoption of fixed-wing UAVs in various commercial applications such as surveillance, mapping, agriculture, aerial remote sensing, and product delivery is also increasing.

Weakness

Take-off and landing are restricted by the site, unable to hover, and have high requirements on the control system

Opportunities

The United States, the Asia-Pacific region and Europe have new demands in the fixed-wing UAV market for applications such as firefighting, disaster management, maritime safety, agriculture, product delivery, and inspection and surveillance.

Threat

The availability of alternatives to fixed-wing drones hinders market growth. For example, multi-rotor drones, helicopter drones, and other drones.

Region Overview:

In 2022, the share of the Fixed-Wing UAVs market in North America stood at 43.34%.

Company Overview:

AeroVironment is one of the major players operating in the Fixed-Wing UAVs market, holding a share of 22.67% in 2023.

AeroVironment

AeroVironment, Inc. designs, develops, and produces small unmanned aircraft and fast charge systems for electric industrial vehicle batteries. The Company offers long range tracking antenna, sensors, and missile systems.

Lockheed Martin

Lockheed Martin Corporation is a global security company that primarily researches, designs, develops, manufactures, and integrates advanced technology products and services. The Company businesses span space, telecommunications, electronics, information and services, aeronautics, energy, and systems integration. Lockheed Martin operates worldwide.`

Segmentation Overview:

Among different product types, 15-50 lbs segment is anticipated to contribute the largest market share in 2028.

Application Overview:

In the Fixed-Wing UAVs market, 41.82% of the total value was generated through the Military segment by application in 2022.

Key Companies in the global Fixed-Wing UAVs market covered in Chapter 3:

Textron
UKRSPECSystems
Quantum Systems
Delair-Tech
CAT UAV
Hitec Commercial Solutions
Applied Aeronautics
ZALA AERO
Parrot SA
AeroVironment
Unmanned Integrated Systems
C-Astral
Lockheed Martin
JOUAV
Threod Systems

In Chapter 4 and Chapter 14.2, on the basis of types, the Fixed-Wing UAVs market from 2018 to 2029 is primarily split into:
<5 lbs
5-15 lbs
15-50 lbs
>50 lbs

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fixed-Wing UAVs market from 2018 to 2029 covers:

Agriculture
Construction & Engineering
Environment
Express Delivery Industry
Military

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)