Autonomous Aircraft Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Autonomous Aircraft Market is projected to grow at a CAGR of 17% from 2022 to 2028. The autonomous aircraft market is experiencing significant growth due to the increasing purchase of autonomous drones worldwide. Autonomous aircraft are fully automated manned or unmanned aerial vehicles that require minimal or no human intervention in their operations. Autonomous aircraft can be identified by their ability to perform complex maneuvers over long distances. Installing autonomous systems on aircraft reduces the pilot’s workload. However, installing such a system on an airliner can create safety concerns due to the risk of system failure. Meanwhile, cargo and utility aircraft were the first to adopt this autonomous flight technology after undergoing continuous and rigorous testing.

Company Profile

Key players in the autonomous aircraft market include Boeing (US), Airbus (France), Lockheed Martin (US), Northrop Grumman (US), and Elbit Systems (Israel), among others.

Market Segmentation

By Technology

• Increasingly Autonomous
• Fully Autonomous

By Component

• Flight Management Computers
• Air Data Inertial Reference Units
• Sensors
• Actuation Systems
• Software
• Intelligent Servos
• Cameras
• Radars & Transponders
• Propulsion Systems

By End-Use

• Commercial Aircraft
• Combat & ISR
• Cargo & Delivery Aircraft

Scope of the Report

The research study analyzes the Autonomous Aircraft Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Autonomous Aircraft Market Report

1. What was the Autonomous Aircraft Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Autonomous Aircraft Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Autonomous Aircraft Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.