May 8, 2021   SOURCE: BusinessWire

Worldwide Tilt Rotor Aircraft Industry to 2031 - Heavy Investment by Governments in Urban Air Mobility Presents Opportunities - ResearchAndMarkets.com

The "Global Tilt Rotor Aircraft Market with Regional Analysis 2021-2031: Focus on End-user, Application, Technology, Rotor Type and Country" report has been added to ResearchAndMarkets.com's offering.

This global tilt rotor aircraft market analysis report projects the market to have significant growth of CAGR 13.47% during the forecast period 2021-2031. North America is expected to dominate the global tilt-rotor aircraft market, with an estimated share of 47.95% in 2031. North America, including the major countries such as the U.S., is the most prominent region for the global tilt rotor aircraft market. The presence of major players and intense competition among them makes North America the most technologically advanced region.

The global tilt rotor aircraft market is gaining widespread importance owing to the rising demand for vertical take-off and landing capabilities and increase performance compared to conventional aircraft. Moreover, the increased investments by governments in urban air mobility and the increasing importance of tilt rotor aircraft in cargo transportation are some of the key factors that may propel the market growth in the coming years.

Scope of the Report

The purpose of the market analysis is to examine the global tilt rotor aircraft market outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others. The report further takes into consideration the market dynamics and the competitive landscape of the key players operating in the market.

The comprehensive research study of the global tilt rotor aircraft market covers:

  • Elaborated classification of the aircraft based on end-user, technology, application, and type
  • A detailed regional market share analysis, including the scrutiny of more than ten countries
  • An extensive analysis of competitive benchmarking of 16 key players in the industry
  • A detailed analysis of the eVTOL aircraft and drone market

Key Questions Answered

  • What are the major drivers, challenges, and opportunities for the global tilt rotor aircraft market during the forecast period 2021-2031?
  • Who are the key players in the global tilt rotor aircraft market, and what is their competitive benchmarking?
  • Which end-user (commercial, government & military) is expected to generate the most revenue in the near term?
  • What are the recent trends in the global tilt rotor aircraft technology?
  • What is the expected revenue generated by the global tilt rotor aircraft market during the forecast period 2021-2031?
  • What are the strategies adopted by the key players in the market to increase their market presence in the industry?
  • Which technology (manned, unmanned) in the tilt rotor aircraft is expected to dominate the market in 2031?
  • What is the revenue generated by the global tilt rotor aircraft market, by technology, by type, by application, and by end-user in 2021, and what are the estimates till 2031?
  • What are the competitive strengths of the key players in the global tilt rotor aircraft market?
  • What would be the aggravated revenue generated by the global tilt rotor aircraft market segmented by region (North America, Europe, Asia-Pacific, and Rest-of-the-World) till 2031?
  • Which region would dominate the global tilt rotor aircraft market during the forecast period?

Market Dynamics

Drivers

  • Rising Demand for Tilt Rotor Aircraft in Defense Applications
  • Increased Performance Compared to Conventional Aircraft

Challenges

  • High Costs Associated in Development Phase
  • Complex Structure of the Tilt Rotor Aircraft

Opportunities

  • Increasing Importance of Tilt Rotor Aircraft in Cargo Transportation
  • Heavy Investment by Governments in Urban Air Mobility

Companies Mentioned

  • Acubed by Airbus
  • BAE Systems
  • Bell Textron Inc.
  • Boeing
  • GE Aviation
  • General Dynamics Corporation
  • Honeywell International Inc.
  • IAI
  • Joby Aviation
  • Kitty Hawk
  • Leonardo S.p.A., Inc.
  • Lilium GmbH
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Overair, Inc.
  • Raytheon Technologies Corporation

For more information about this report visit https://www.researchandmarkets.com/r/4wwk2a