Global Autonomous Aircraft Market Size, Forecasts, And Opportunities
Learn about the global autonomous aircraft market through The Business Research Company, which provides information on autonomous aircraft market size, autonomous aircraft market drivers and restraints, autonomous aircraft market players, the COVID-19 impact on the autonomous aircraft market, and more.
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The global autonomous aircraft market is expected grow from $0.76 billion in 2020 to $0.85 billion in 2021 at a compound annual growth rate (CAGR) of 11.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The autonomous aircraft market is expected to reach $1.52 billion in 2025 at a CAGR of 16%.
The advancement in artificial intelligence is expected to drive innovation in autonomous aircraft manufacturing, thus driving the market during the forecast period.
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The autonomous aircraft market consists of sales of autonomous aircraft, and related services, which are used as personal air vehicle and passenger air vehicle. The autonomous aircraft is an unmanned aircraft that does not require pilot interference in flight management.
Global autonomous aircraft market segments include:
By Technology: Increasingly Autonomous, Fully Autonomous
By End Use: Passenger Air Vehicle, Personal Air Vehicle
By Aircraft Type: Fixed-Wing, Rotary-Wing
By Application: Cargo Aircraft, Passenger Aircraft
By End User: Commercial, Defence
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s autonomous aircraft market report covers:
Major Market Players: Boeing, Airbus, Lockheed Martin, Northrop Grumman, Elbit Systems, Raytheon Company, AeroVironment, Inc., Saab AB, BAE Systems, and Aeronautics Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Autonomous Aircraft Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides autonomous aircraft market overviews, analyzes and forecasts market size, share, autonomous aircraft market players, autonomous aircraft market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s autonomous aircraft market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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