Autonomous Aircraft Market Overview: 2024-2030

Base Year: 2023

Historical Years: 2019-22

Forecast Years: 2024-30

The 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. The competitive advantages of autonomous technologies aerial vehicles, such as lower human intervention & operational errors and reduced operation costs, are expected to surge the demand for autonomous aircraft systems during the forecast period. The development of artificial intelligence and smart technologies, along with the increasing adoption of auto-functioning in the aviation sector, are key factors boosting the overall market growth. 

Markntel Advisor’s Autonomous Aircraft Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Autonomous Aircraft Market drivers, barriers, Autonomous Aircraft Market Trends, and Key Players in Autonomous Aircraft Market.

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Autonomous Aircraft Market Dynamics: 2024-2030

Autonomous Aircraft Market Driver:

Rising Demand for Improved Surveillance Leading to Development in the Autonomous Aircraft Market –  The rise in terrorism threats and heightened security issues worldwide have caused governments to allocate more funds towards autonomous aircraft systems, or drones, for better surveillance capabilities. Additionally, these autonomous aircraft are capable of executing covert operations and night-time monitoring across multiple locations with payloads consisting of top-quality visual cameras, such as DJI Technology’s Zenmuse Series, Autel Robotics’ DG series, and Aeryon Labs Inc.’s HDZoom30. For instance:

In 2023, Airbus launched an autonomous aircraft division in the United States in 2023 to assist the armed forces of the country

Moreover, the market growth is driven by both the development of advanced surveillance payloads and an increase in demand for improved monitoring. This has resulted in increased innovation with cost-effective solutions being introduced to meet this growing need and are expected to drive the Autonomous Aircraft Market.

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Autonomous Aircraft Market (2024-30): Segmentation Outlook

The market report has segmented the market into the following categories:

• 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)
• 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

Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Autonomous Aircraft Market:

• 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

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