Nearly 20 Percent Annual Growth Anticipated Through The Period
According to the new market research report "Fixed-wing VTOL UAV Market by Vertical (Military, Government & Law Enforcement, Commercial), Propulsion (Electric, Hybrid, Gasoline), Mode of operation (VLOS, EVLOS, BVLOS), Endurance, Range, MTOW, and Region - Global Forecast to 2030", published by MarketsandMarkets, the Fixed-wing VTOL UAV Market is estimated at $498 million in 2019 and is projected to reach $3.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 19.7% from 2019 to 2030.