| Product Code: ETC4563026 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend for the VTOL UAV market showed significant fluctuations. From 2023 to 2024, there was a notable growth rate of 87.92%, contrasting with a negative compound annual growth rate (CAGR) of -35.66% from 2020 to 2024. This shift could be attributed to changes in demand dynamics or evolving trade policies impacting market stability.
The Thailand Vertical Takeoff and Landing (VTOL) Unmanned Aerial Vehicle (UAV) market has been experiencing significant growth in recent years. VTOL UAVs offer versatility and maneuverability, making them suitable for various applications, including surveillance, agriculture, and disaster management. The market is driven by increasing demand for aerial data collection and monitoring capabilities in both the public and private sectors.
The Thailand Vertical Takeoff and Landing (VTOL) UAV Market is experiencing significant growth as the country adopts versatile UAV platforms capable of taking off and landing vertically. VTOL UAVs offer advantages in terms of flexibility, accessibility, and ease of deployment, making them suitable for various applications, including surveillance and mapping. The market expansion is driven by Thailand commitment to deploying advanced UAV technologies for diverse purposes, fostering innovation and economic development.
In the Thailand VTOL UAV Market, challenges include optimizing the design and performance of vertical takeoff and landing (VTOL) UAVs for various applications. Overcoming technical barriers related to energy efficiency, payload capacity, and noise reduction is crucial. Additionally, establishing comprehensive regulations for the operation of VTOL UAVs in diverse environments poses a significant challenge that requires close collaboration between industry stakeholders and regulatory bodies.
The Thailand VTOL UAV Market faced challenges during the COVID-19 pandemic as disruptions in supply chains and changes in military priorities impacted the production and deployment of VTOL UAVs. The restrictions on movement and reduced defense budgets led to delays in procurement programs. Despite these challenges, the market exhibited recovery post-pandemic as defense forces recognized the versatility and operational benefits of VTOL UAVs for surveillance, reconnaissance, and intelligence-gathering missions.
The Thailand Vertical Take-Off and Landing (VTOL) UAV Market is witnessing growth, with key players such as Vertical Aerospace Ltd., Wingtra AG, and Quantum Systems GmbH actively contributing. Vertical Aerospace Ltd., a major player, focuses on developing electric VTOL UAVs for various applications, including surveying and mapping. Their innovative VTOL technologies position Vertical Aerospace as a key contributor to the VTOL UAV market in Thailand, addressing the demand for versatile and efficient aerial platforms.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand VTOL UAV Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand VTOL UAV Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand VTOL UAV Market - Industry Life Cycle |
3.4 Thailand VTOL UAV Market - Porter's Five Forces |
3.5 Thailand VTOL UAV Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Thailand VTOL UAV Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Thailand VTOL UAV Market Revenues & Volume Share, By Size, 2021 & 2031F |
4 Thailand VTOL UAV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for unmanned aerial vehicles (UAVs) for surveillance and reconnaissance purposes in Thailand |
4.2.2 Technological advancements in vertical take-off and landing (VTOL) UAVs leading to improved capabilities and performance |
4.2.3 Growing investments in defense and security sector in Thailand |
4.3 Market Restraints |
4.3.1 Regulatory challenges and restrictions related to UAV operations in Thailand |
4.3.2 High initial investment costs associated with VTOL UAVs |
4.3.3 Limited awareness and understanding of VTOL UAV technology among potential users in Thailand |
5 Thailand VTOL UAV Market Trends |
6 Thailand VTOL UAV Market, By Types |
6.1 Thailand VTOL UAV Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand VTOL UAV Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand VTOL UAV Market Revenues & Volume, By Military, 2021-2031F |
6.1.4 Thailand VTOL UAV Market Revenues & Volume, By Civil & Commercial, 2021-2031F |
6.1.5 Thailand VTOL UAV Market Revenues & Volume, By Homel, 2021-2031F |
6.1.6 Thailand VTOL UAV Market Revenues & Volume, By Security, 2021-2031F |
6.2 Thailand VTOL UAV Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand VTOL UAV Market Revenues & Volume, By Multicopter, 2021-2031F |
6.2.3 Thailand VTOL UAV Market Revenues & Volume, By Helicopter, 2021-2031F |
6.2.4 Thailand VTOL UAV Market Revenues & Volume, By Hybrid, 2021-2031F |
6.3 Thailand VTOL UAV Market, By Size |
6.3.1 Overview and Analysis |
6.3.2 Thailand VTOL UAV Market Revenues & Volume, By Large, 2021-2031F |
6.3.3 Thailand VTOL UAV Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4 Thailand VTOL UAV Market Revenues & Volume, By Small, 2021-2031F |
6.3.5 Thailand VTOL UAV Market Revenues & Volume, By Micro, 2021-2031F |
7 Thailand VTOL UAV Market Import-Export Trade Statistics |
7.1 Thailand VTOL UAV Market Export to Major Countries |
7.2 Thailand VTOL UAV Market Imports from Major Countries |
8 Thailand VTOL UAV Market Key Performance Indicators |
8.1 Research and development (RD) investment in VTOL UAV technology |
8.2 Number of government contracts awarded for VTOL UAV projects |
8.3 Adoption rate of VTOL UAVs in various industries in Thailand |
9 Thailand VTOL UAV Market - Opportunity Assessment |
9.1 Thailand VTOL UAV Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Thailand VTOL UAV Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Thailand VTOL UAV Market Opportunity Assessment, By Size, 2021 & 2031F |
10 Thailand VTOL UAV Market - Competitive Landscape |
10.1 Thailand VTOL UAV Market Revenue Share, By Companies, 2024 |
10.2 Thailand VTOL UAV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |