Autonomous Aircraft – Global Market Outlook (2019 -2027)

  • Global Autonomous Aircraft Market is expected to reach $17.22 billion by 2027 growing at a CAGR of 19.0% during 2019 to 2027.

     

    Some of the key players profiled in the Autonomous Aircraft Market include Boeing, Airbus, Lockheed Martin, Northrop Grumman, Elbit Systems, Raytheon Company, AeroVironment, Inc., Saab AB, BAE Systems, Aeronautics Ltd., General Atomics, Airobotics, Aston Martin, Aurora Flight Sciences Corporation, Bell Helicopter, and Embraer.

    While the factors like reduced human errors, increasing operating efficiency and cost savings, and advancements in AI are propelling market growth. However, safety during emergencies is hampering the market growth.

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    Autonomous aircraft is an aircraft powered with propellers, with the human pilot onboard. It can be separated into two categories that are fully autonomous and increasingly autonomous. Autonomous aircrafts are designed according to their application sectors such as commercial and defence. Autonomous aircraft is likely to raise focus on managing the mission than flying the machine.

    Based on the technology, the fully autonomous segment is going to have a lucrative growth during the forecast period due to the rising autonomy in aircraft and the move towards aircraft being fully autonomous in the future. Current commercial aircrafts are flattering increasingly autonomous due to the installation of autonomous components which have eased the workload of pilots.

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    By geography, North America is estimated to have a lucrative growth due to it is attributable to the growing number of companies, which are spending extra for research and improvement activities. These activities may impel the vigorous development in the technologies and expected to result in the development of the autonomous aircraft market.

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    Aircraft Types Covered:
    • Rotary-Wing
    • Fixed-Wing

    Components Covered:
    • Actuation Systems
    • Air Data Inertial Reference Units (ADIRU)
    • Cameras
    • Flight Management Computers
    • Intelligent Servos
    • Propulsion Systems
    • Radars & Transponders
    • Sensors
    • Software
    • Hardware
    • Building and Construction

    Technologies Covered:
    • Fully Autonomous
    • Increasingly Autonomous

    End Users Covered:
    • Passenger Air Vehicle
    • Cargo & Delivery Aircraft
    • Commercial Aircraft
    • Personal Air Vehicle
    • Air Medical Services
    • Defense/ Combat & ISR
    • Science & Research
    • Mapping
    • Other End User

    Regions Covered:

    • North America
    o US
    o Canada
    o Mexico
    • Europe
    o Germany
    o France
    o Italy
    o UK
    o Spain
    o Rest of Europe
    • Asia Pacific
    o Japan
    o China
    o India
    o Australia
    o New Zealand
    o South Korea
    o Rest of Asia Pacific
    • South America
    o Argentina
    o Brazil
    o Chile
    o Rest of South America
    • Middle East & Africa
    o Saudi Arabia
    o UAE
    o Qatar
    o South Africa
    o Rest of Middle East & Africa

    What our report offers:
    – Market share assessments for the regional and country level segments
    – Market share analysis of the top industry players
    – Strategic recommendations for the new entrants
    – Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
    – Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
    – Strategic recommendations in key business segments based on the market estimations
    – Competitive landscaping mapping the key common trends
    – Company profiling with detailed strategies, financials, and recent developments
    – Supply chain trends mapping the latest technological advancements

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