Published Year: 2021
Urban Air Mobility (UAM) Market – A Global and Regional Analysis: Focus on Range, Application, Eco
The urban air mobility industry analysis by BIS Research projects the market to have a...
Market Research Report
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Table of Contents
1.1 Industry Outlook
1.1.1 Global Tilt Rotor Aircraft Market: Overview
1.2 Leading Manufacturers, Products, and Technical Specifications
1.3 Current and Emerging Technological Trends
1.3.1 Single Engine Operative Mode
1.3.2 Civil Rotor Concept
1.3.3 Development Towards Advanced Flight Control Technologies
1.3.4 Ducted Fans
1.4 Investment Scenario: Start-ups and Stakeholders in the Tilt Rotor Aircraft Market
1.5 Legal and Regulatory Framework
1.5.1 Noise Certification Standards for Tilt Rotors
1.5.2 Civil Tilt Rotor Development Advisory Committee
1.5.3 Country-Wise Regulations
1.6 Supply Chain Analysis
1.7 Business Dynamics
1.7.1 Business Drivers
1.7.1.1 Rising Demand for Tilt Rotor Aircraft in Defense Applications
1.7.1.2 Increased Performance Compared to Conventional Aircraft
1.7.2 Business Challenges
1.7.2.1 High Costs Associated in Development Phase
1.7.2.2 Complex Structure of the Tilt Rotor Aircraft
1.7.3 Business Opportunities
1.7.3.1 Increasing Importance of Tilt Rotor Aircraft in Cargo Transportation
1.7.3.2 Heavy Investment by Governments in Urban Air Mobility
1.8 Business Strategies
1.8.1 Partnerships, Collaborations, Agreements, and Contracts
1.8.2 Product Development and Innovation
1.8.2.1 Mergers and Acquisitions
1.8.2.2 Others
2.1 Global Tilt Rotor Aircraft Market (by Application)
2.1.1 Market Overview
2.1.2 Global Tilt Rotor Aircraft Market (by End User)
2.1.2.1 Commercial
2.1.2.2 Government and Military
2.1.3 Global Tilt Rotor Aircraft Market (by Application)
2.1.3.1 Air Taxi
2.1.3.2 Air Ambulance
2.1.3.3 Cargo Air Vehicle
2.1.3.4 Combat
2.1.3.5 Personal Aerial Vehicle (VIP Transportation)
2.1.3.6 Search and Rescue
2.1.3.6.1 Demand Analysis of Global Tilt Rotor Aircraft Market, by Application
3.1 Global Tilt Rotor Aircraft Market (by Product)
3.1.1 Overview
3.1.2 Demand Analysis of Global Tilt Rotor Aircraft Market (by Technology)
3.1.2.1 Manned
3.1.2.2 Unmanned
3.1.3 Demand Analysis of Global Tilt Rotor Aircraft Market – By Rotor Type
3.1.3.1 Twin Rotors
3.1.3.2 Quad Rotors
3.1.3.3 Others
3.1.3.3.1 Demand Analysis for Global Tilt Rotor Aircraft Market (by Rotor Type)
4.1 Global Tilt Rotor Aircraft Market (by Region)
4.2 North America
4.2.1 Market
4.2.1.1 Key Manufacturers and Suppliers in North America
4.2.1.2 Business Drivers
4.2.1.3 Business Challenges
4.2.2 Product
4.2.2.1 North America Tilt Rotor Aircraft Market
4.2.3 North America (by Country)
4.2.3.1 U.S.
4.2.3.1.1 Market
4.2.3.1.1.1 Key Manufacturers in the U.S.
4.2.3.1.1.2 Business Drivers
4.2.3.1.1.3 Business Challenges
4.2.3.1.2 Product
4.2.3.1.2.1 U.S. Tilt Rotor Aircraft Market
4.2.3.2 Canada
4.2.3.2.1 Market
4.2.3.2.1.1 Business Drivers
4.2.3.2.1.2 Business Challenges
4.2.3.2.2 Product
4.2.3.2.2.1 Canada Tilt Rotor Aircraft Market
4.3 Europe
4.3.1 Market
4.3.1.1 Key Manufacturers and Suppliers in Europe
4.3.1.2 Business Drivers
4.3.1.3 Business Challenges
4.3.2 Product
4.3.2.1 Europe Tilt Rotor Aircraft Market
4.3.3 Europe (by Country)
4.3.3.1 France
4.3.3.1.1 Market
4.3.3.1.1.1 Key Manufacturers in France
4.3.3.1.1.2 Business Drivers
4.3.3.1.1.3 Business Challenges
4.3.3.1.2 Product
4.3.3.1.2.1 France Tilt Rotor Aircraft Market
4.3.3.2 Germany
4.3.3.2.1 Market
4.3.3.2.1.1 Key Manufacturers in Germany
4.3.3.2.1.2 Business Drivers
4.3.3.2.1.3 Business Challenges
4.3.3.2.2 Product
4.3.3.2.2.1 Germany Tilt Rotor Aircraft Market
4.3.3.3 Russia
4.3.3.3.1 Market
4.3.3.3.1.1 Business Drivers
4.3.3.3.1.2 Business Challenges
4.3.3.3.2 Product
4.3.3.3.2.1 Russia Tilt Rotor Aircraft Market
4.3.3.4 U.K.
4.3.3.4.1 Market
4.3.3.4.1.1 Key Manufacturers in the U.K.
4.3.3.4.1.2 Business Drivers
4.3.3.4.1.3 Business Challenges
4.3.3.4.2 Product
4.3.3.4.2.1 U.K. Tilt Rotor Aircraft Market
4.3.3.5 Rest-of-Europe
4.3.3.5.1 Market
4.3.3.5.1.1 Key Manufacturers in the Rest-of-Europe
4.3.3.5.1.2 Business Drivers
4.3.3.5.1.3 Business Challenges
4.3.3.5.2 Product
4.3.3.5.2.1 Rest-of-Europe Tilt Rotor Aircraft Market
4.4 Asia-Pacific
4.4.1 Markets
4.4.1.1 Key Manufacturers and Suppliers in Asia-Pacific
4.4.1.2 Business Drivers
4.4.1.3 Business Challenges
4.4.2 Product
4.4.2.1 Asia-Pacific Tilt Rotor Aircraft Market
4.4.3 Asia-Pacific (by Country)
4.4.3.1 China
4.4.3.1.1 Markets
4.4.3.1.1.1 Key Manufacturers in China
4.4.3.1.1.2 Business Drivers
4.4.3.1.1.3 Business Challenges
4.4.3.1.2 Product
4.4.3.1.2.1 China Tilt Rotor Aircraft Market
4.4.3.2 Japan
4.4.3.2.1 Market
4.4.3.2.1.1 Key Manufacturers in Japan
4.4.3.2.1.2 Business Drivers
4.4.3.2.1.3 Business Challenges
4.4.3.2.2 Product
4.4.3.2.2.1 Japan Tilt Rotor Aircraft Market
4.4.3.3 Singapore
4.4.3.3.1 Markets
4.4.3.3.1.1 Business Drivers
4.4.3.3.1.2 Business Challenges
4.4.3.3.2 Product
4.4.3.3.2.1 Singapore Tilt Rotor Aircraft Market
4.4.3.4 South Korea
4.4.3.4.1 Markets
4.4.3.4.1.1 Key Manufacturers in South Korea
4.4.3.4.1.2 Business Drivers
4.4.3.4.1.3 Business Challenges
4.4.3.4.2 Product
4.4.3.4.2.1 South Korea Tilt Rotor Aircraft Market
4.4.3.5 Rest-of-Asia-Pacific
4.4.3.5.1 Markets
4.4.3.5.1.1 Business Drivers
4.4.3.5.1.2 Business Challenges
4.4.3.5.2 Product
4.4.3.5.2.1 Rest-of-Asia-Pacific Tilt Rotor Aircraft Market
4.5 Rest-of-the-World
4.5.1 Market
4.5.1.1 Business Drivers
4.5.1.2 Business Challenges
4.5.2 Products
4.5.2.1 Rest-of-the-World Tilt Rotor Aircraft Market
5.1 Competitive Benchmarking
5.2 Acubed by Airbus
5.2.1 Company Overview
5.2.1.1 Role of Acubed by Airbus in Global Tilt Rotor Aircraft Market
5.2.1.2 Product Portfolio
5.2.2 Business Strategies
5.2.2.1 Product Developments and Demonstrations
5.2.3 Strengths and Weaknesses of Acubed-Airbus
5.3 BAE Systems
5.3.1 Company Overview
5.3.1.1 Role of BAE Systems in Global Tilt Rotor Aircraft Market
5.3.1.2 Product Portfolio
5.3.2 Corporate Strategies
5.3.2.1 Contracts
5.3.3 Strengths and Weakness of BAE Systems
5.4 Bell Textron Inc.
5.4.1 Company Overview
5.4.1.1 Role of Bell Textron Inc in Global Tilt Rotor Aircraft Market
5.4.1.2 Product Portfolio
5.4.2 Business Strategies
5.4.2.1 Product Upgradations and Launches
5.4.2.2 Business Expansion
5.4.3 Corporate Strategies
5.4.3.1 Partnerships, Collaborations, Contracts, and Memorandum of Understandings
5.4.4 Strengths and Weaknesses of Bell Textron Inc
5.4.5 R&D Analysis
5.5 Boeing
5.5.1 Company Overview
5.5.1.1 Role of Boeing in Global Tilt Rotor Aircraft Market
5.5.1.2 Product Portfolio
5.5.2 Strengths and Weaknesses of Boeing
5.5.3 R&D Analysis
5.6 GE Aviation
5.6.1 Company Overview
5.6.1.1 Role of GE Aviation in Tilt Rotor Aircraft Market
5.6.1.2 Product Portfolio
5.6.2 Corporate Strategies
5.6.2.1 Partnerships
5.6.3 Strengths and Weaknesses of GE Aviation
5.6.4 R&D Analysis
5.7 General Dynamics Corporation
5.7.1 Company Overview
5.7.1.1 Role of General Dynamics Corporation in Global Tilt Rotor Aircraft Market
5.7.2 Strengths and Weaknesses of General Dynamics Corporation
5.8 Honeywell International Inc.
5.8.1 Company Overview
5.8.1.1 Role of Honeywell International Inc. in Global Tilt Rotor Aircraft Market
5.8.2 Strengths and Weaknesses of Honeywell
5.8.3 R&D Analysis
5.9 IAI
5.9.1 Company Overview
5.9.1.1 Role of IAI in Global Tilt Rotor Aircraft Market
5.9.1.2 Product Portfolio
5.9.2 Strengths and Weaknesses of IAI.
5.9.3 R&D Analysis
5.10 Joby Aviation
5.10.1 Company Overview
5.10.1.1 Role of Joby Aviation in Global Tilt Rotor Aircraft Market
5.10.1.2 Product Portfolio
5.10.2 Corporate Strategies
5.10.2.1 Mergers, Agreements, and Acquisitions
5.10.3 Strengths and Weaknesses of Joby Aviation
5.11 Kitty Hawk
5.11.1 Company Overview
5.11.1.1 Role of Kitty Hawk in Global Tilt Rotor Aircraft Market
5.11.1.2 Product Portfolio
5.11.2 Corporate Strategies
5.11.2.1 Partnerships
5.11.3 Strengths and Weaknesses of Kitty Hawk
5.12 Leonardo S.p.A., Inc.
5.12.1 Company Overview
5.12.1.1 Role of Leonardo S.p.A. in Global Tilt Rotor Aircraft Market
5.12.1.2 Product Portfolio
5.12.2 Corporate Strategies
5.12.2.1 Partnerships
5.12.3 Strengths and Weaknesses of Leonardo S.p.A., Inc.
5.13 Lilium GmbH
5.13.1 Company Overview
5.13.1.1 Role of Lilium GmbH in Global Tilt Rotor Aircraft Market
5.13.1.2 Product Portfolio
5.13.2 Corporate Strategies
5.13.2.1 Partnerships and Collaborations
5.13.3 Strengths and Weaknesses of Lilium GmbH
5.14 Lockheed Martin Corporation
5.14.1 Company Overview
5.14.1.1 Role of Lockheed Martin Corporation in Global Tilt Rotor Aircraft Market
5.14.1.2 Product Portfolio
5.14.2 Business Strategies
5.14.2.1 Product Developments
5.14.3 Strengths and Weaknesses of Lockheed Martin Corporation
5.14.4 R&D Analysis
5.15 Northrop Grumman Corporation
5.15.1 Company Overview
5.15.1.1 Role of Northrop Grumman Corporation in Global Tilt Rotor Aircraft Market
5.15.1.2 Product Portfolio
5.15.2 Corporate Strategies
5.15.2.1 Contracts
5.15.3 Strengths and Weaknesses of Northrop Grumman Corporation
5.15.4 R&D Analysis
5.16 Overair, Inc.
5.16.1 Role of Overair, Inc in Global Tilt Rotor Aircraft Market
5.16.2 Product Portfolio
5.16.3 Strengths and Weaknesses of Overair, Inc
5.17 Raytheon Technologies Corporation
5.17.1 Company Overview
5.17.1.1 Role of Raytheon Technologies Corporation in Global Tilt Rotor Aircraft Market
5.17.1.2 Product Portfolio
5.17.2 Strengths and Weaknesses of Raytheon Technologies Corporation
5.18 Other Key Players
5.18.1 Collins Aerospace
5.18.1.1 Company Overview
5.18.2 Quantum Systems
5.18.2.1 Company Overview
5.18.3 Wingcopter
5.18.3.1 Company Overview
Research Methodology
Table 1: Technical Data of Key Aircraft in the Global Tilt Rotor Aircraft Market
Table 2: Start-ups Funding Scenario, January 2017 – January 2021
Table 3: Other Stakeholders in the Tilt Rotor Aircraft Market
Table 4: Drone Regulatory Authorities (by Key Countries and Regions)
Table 5: Country-Wise Regulations
Table 6: Partnerships, Collaborations, Agreements, and Contracts, January 2018- February 2021
Table 7: Product Development and Innovation, January 2018- February 2021
Table 8: Mergers and Acquisitions, January 2018- February 2021
Table 9: Others, 2018-2021
Table 10: Global Tilt Rotor Aircraft Market (by Commercial End User), Value ($Million), Volume (Units), 2020-2031
Table 11: Global Tilt Rotor Aircraft Market (by Government and Military End User), Value ($Million), Volume (Units), 2020-2031
Table 12: Global Tilt Rotor Aircraft Market, by Application, $Million, 2020-2031
Table 13: Global Tilt Rotor Aircraft Market (by Manned Technology), Value ($Million), Volume (Units), 2020-2031
Table 14: Global Tilt Rotor Aircraft Market (by Unmanned Technology), Value ($Million), Volume (Units), 2020-2031
Table 15: Global Tilt Rotor Aircraft Market (by Rotor Type), $Million, 2020-2031
Table 16: Global Tilt Rotor Aircraft Market (by Region), $Million, 2020-2031
Table 17: North America Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 18: U.S. Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 19: Canada Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 20: Europe Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 21: France Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 22: Germany Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 23: Russia Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 24: U.K. Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 25: Rest-of-Europe Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 26: Asia-Pacific Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 27: China Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 28: Japan Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 29: Singapore Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 30: South Korea Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 31: Rest-of-Asia-Pacific Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 32: Rest-of-the-World Tilt Rotor Aircraft Market, Value ($Million), Volume (Units), 2020-2031
Table 33: Table: Benchmarking and Weightage Parameters
Table 34: Acubed by Airbus: Product Portfolio
Table 35: Acubed-Airbus Product Developments
Table 36: BAE Systems: Product Portfolio
Table 37: BAE Systems Contracts
Table 38: Bell Textron Inc: Product Portfolio
Table 39: Bell Textron Inc Product Upgradations and Launches
Table 40: Bell Textron Inc Business Expansion
Table 41: Bell Textron Inc Partnerships, Collaborations, Contracts, and Memorandum of Understandings
Table 42: Boeing Product Portfolio
Table 43: GE Aviation: Product Portfolio
Table 44: GE Aviation Partnerships
Table 45: IAI Product Portfolio
Table 46: Joby Aviation Product Portfolio
Table 47: Joby Aviation Mergers, Agreements, and Acquisitions
Table 48: Kitty Hawk: Product Portfolio
Table 49: Kitty Hawk Partnerships
Table 50: Leonardo S.p.A. Product Portfolio
Table 51: Leonardo S.p.A. Partnerships
Table 52: Lilium GmbH: Product Portfolio
Table 53: Lilium GmbH Partnerships and Collaborations
Table 54: Lockheed Martin Corporation Product Portfolio
Table 55: Lockheed Martin Corporation Product Developments
Table 56: Northrop Grumman Contracts
Table 57: Overair, Inc Product Portfolio
Figure 1: Global Tilt Rotor Aircraft Market, $Million, 2020-2031
Figure 2: Global Tilt Rotor Aircraft Market, Volume (Units), 2020-2031
Figure 3: Global Tilt Rotor Aircraft Market (by End User), $Million, 2020 and 2031
Figure 4: Global Tilt Rotor Aircraft Market (by Technology), $Million, 2020 and 2031
Figure 5: Global Tilt Rotor Aircraft Market (by Application) , $Million, 2020 and 2031
Figure 6: Global Tilt Rotor Aircraft Market (by Region), $Million, 2031
Figure 7: Tilt Rotor Aircraft Market Coverage
Figure 8: Significant Product Demonstrations of Tilt Rotor Aircraft Technology
Figure 9: Civil Rotor Concept Features
Figure 10: Funding Scenario: Start-ups in Tilt Rotor Aircraft Market: 2017- 2020
Figure 11: Supply Chain Analysis of Global Tilt Rotor Aircraft Market
Figure 12: Global Tilt Rotor Aircraft Market, Business Dynamics
Figure 13: Flight Envelope Comparison of Tilt Rotor with Other Aircraft
Figure 14: Share of Key Business Strategies and Developments, January 2018- February 2021
Figure 15: Global Tilt Rotor Aircraft Market (By Application)
Figure 16: Classification of Global Tilt Rotor Aircraft Market (by Application)
Figure 17: Global Tilt Rotor Aircraft Market, by Product
Figure 18: Global Tilt Rotor Aircraft Market Competitive Benchmarking, 2021
Figure 19: Bell Textron Inc R&D Analysis (2017-2019)
Figure 20: Boeing R&D Analysis (2018-2020)
Figure 21: GE Aviation R&D (2018-2020)
Figure 22: Honeywell R&D Analysis (2017-2019)
Figure 23: IAI R&D Analysis (2017-2019)
Figure 24: Lockheed Martin Corporation R&D (2018-2020)
Figure 25: Northrop Grumman Corporation: Product Portfolio
Figure 26: Northrop Grumman R&D (2017-2019)
Figure 27: Raytheon Technologies Corporation: Product Portfolio
Figure 28: Research Methodology
Figure 29: Top-Down and Bottom-Up Approach
Figure 30: Global Tilt Rotor Aircraft Supply Market Influencing Factors
Figure 31: Assumptions and Limitations
Report Description
Scope of the Global Tilt Rotor Aircraft Market
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.
Global Tilt Rotor Aircraft Market Segmentation
The report constitutes an extensive study of the tilt rotor aircraft industry. The report largely focuses on providing market information for tilt-rotor aircraft covering various segments and regions. The global tilt rotor aircraft market is segmented on the basis of end user, application, technology, type, and region. The report analyzes different end users such as commercial, government, and military. The applications include air taxi, air ambulance, cargo air vehicle, combat, personal aerial vehicle, search, and rescue. The technology classification includes manned and unmanned systems. The aircraft type includes twin rotors, quad rotors, and others.
The global tilt rotor aircraft market is segregated into four major regions, namely North America, Europe, Asia-Pacific, and Rest-of-the-World. Data for each of these regions, along with country-level analysis, is provided in the market study.
Key Companies in the Global Tilt Rotor Aircraft Industry
The key market players in the global tilt rotor aircraft market include Acubed, BAE Systems, Bell Textron Inc., Boeing, GE Aviation, General Dynamics, Honeywell Aerospace, Israel Aerospace Industries, Joby Aviation, Kitty Hawk, Leonardo SpA, Lilium GmbH, Lockheed Martin, Overair, among others.
Key Questions Answered in this Report:
• 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 Overview
Global Tilt Rotor Aircraft Market Forecast, 2021-2031
Figure: Global Tilt Rotor Aircraft Market, $Million, 2020-2031
The global tilt rotor aircraft market analysis by BIS Research 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.
Tilt Rotor Aircraft Market - A Global and Regional Analysis
Focus on End-User, Application, Technology, Rotor Type, and Country- Analysis and Forecast Analysis, 2021-2031
Some Faq's
Frequently Asked Questions
The global tilt rotor aircraft market is projected to have a significant CAGR of 13.47% during the forecast period 2021-2031.
The rising demand for tilt rotor aircraft in defense applications and increased performance compared to conventional aircraft, favor the growth of tilt rotor aircraft industry.
The major challenges that hinder the adoption of tilt rotor aircraft worldwide are high costs associated in development phase and complex structure of the tilt rotor aircraft.
North America, including the major countries such as the U.S., is the prominent region for the global tilt rotor aircraft market due to the presence of major players and intense competition.
The key market players in the global tilt rotor aircraft market include Honeywell Aerospace, Lockheed Martin, Leonardo SpA, BAE Systems, Acubed, GE Aviation, Boeing, and Overair, among others.
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