Market Overview: Autonomous Aircraft Market FY2024-2030

This reports provides an essential and dependable overview of the Autonomous Aircraft Market, serving as a guide for stakeholders navigating the industry’s future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.

Autonomous Aircraft Market Report Coverage Details:

Base Year: 2023
Historical Data: 2019-22
Forecast Period: 2024-2030
CAGR: 15.2% (2024-2030)

The Global Autonomous Aircraft Market size is valued at USD 7.5 Billion in 2024 and is expected to reach USD 16.6 Billion by 2030, exhibiting a growth rate (CAGR) of 15.2% during the forecast period, i.e., 2024-30.

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Autonomous Aircraft Market Opportunity:

Integration of Artificial Intelligence (AI) & IoT for Autonomous Aircraft to Augment Growth – The integration of advanced concepts, such as AI & the Internet of Things (IoT) in autonomous aircraft by several companies is a thriving opportunity in the autonomous market adopted across the globe. Airbus SAS, Boeing, Lockheed Martin Corporation, Northrop Grumman Corporation, and other companies are incorporating intelligent AI-powered solutions that leverage data from various sensors and advanced real-time systems to develop aircraft designs, thus providing lucrative opportunities to augment the Global Autonomous Aircraft Market.

The notion of utilizing AI and IoT in more electric aircraft is regarded as the basis for constructing future aircraft. Additionally, unmanned aerial vehicles (UAVs) are employed by the United States military in defense-related tasks, including reconnaissance and pinpointing hostile positions. These aircraft incorporate artificial intelligence to autonomously pilot them and execute necessary actions during strategic warfare planning. Such technological advancements will undoubtedly fuel market expansion.

Autonomous Aircraft Market Segmentation Analysis – FY2024-2030

Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Autonomous Aircraft Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry’s growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.

The Autonomous Aircraft Market segmentation is enlisted below:

By Aircraft Type

Fixed Wing- Market Size & Forecast 2019-2030, (USD Million)
Rotary Wing- Market Size & Forecast 2019-2030, (USD Million)

By Technology

Increasingly Autonomous- Market Size & Forecast 2019-2030, (USD Million)
Fully Autonomous- Market Size & Forecast 2019-2030, (USD Million)

By Component

Radars & Transponders- Market Size & Forecast 2019-2030, (USD Million)
Propulsion Systems- Market Size & Forecast 2019-2030, (USD Million)
Actuation System- Market Size & Forecast 2019-2030, (USD Million)
Air Data Inertial Reference Units- Market Size & Forecast 2019-2030, (USD Million)
Flight Management Computers- Market Size & Forecast 2019-2030, (USD Million)
Others- Market Size & Forecast 2019-2030, (USD Million)

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By End-User

Air Medical Service- Market Size & Forecast 2019-2030, (USD Million)
Commercial Aircraft- Market Size & Forecast 2019-2030, (USD Million)
Defense- Market Size & Forecast 2019-2030, (USD Million)
Cargo & Delivery Aircraft- Market Size & Forecast 2019-2030, (USD Million)
Others- Market Size & Forecast 2019-2030, (USD Million)

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Autonomous Aircraft Market Competitive Landscape

AeroVironment, Inc., Airbus S.A.S., BAE Systems, Boeing, Elbit Systems, Embraer, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies, Saab AB, General Atomics Aeronautical Systems, Textron Inc., RTX Corporation, Others.

Autonomous Aircraft Industry News:

2023: Northrop Grumman Corporation was awarded a contract by the US Defense Advanced Research Project Agency’s (DARPA) Tactical Technology Office to create an unmanned aircraft system capable of autonomously taking off and landing vertically (VTOL) from a Navy ship in motion.

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Key Report Highlights

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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