Autonomous Aircraft Market is projected to grow at a significant CAGR during the forecast period from 2021 to 2027. The rising advancements in AI and ML technologies, reduction in human errors due to increasing autonomy, and the increasing applications of autonomous drones are the major factors driving the growth of the autonomous aircraft market during the forecast period. The global 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. The rising urban mobility in various developed countries along with the usage of autonomous aircrafts for delivering medicines and other things are further driving the growth of the market during the forecast period. Key players in the autonomous aircraft market include Boeing (US), Airbus (France), Lockheed Martin (US), Northrop Grumman (US), and Elbit Systems (Israel), among others.
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A full report of Global Autonomous Aircraft Market is available at: https://www.orionmarketreports.com/autonomous-aircraft-market/57806/
The following Segmentation are covered in this report:
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
- Passenger Air Vehicle
- Personal Air Vehicle
- Air Medical Services
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Autonomous Aircraft Market.
- The market share of the global Autonomous Aircraft Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Autonomous Aircraft Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Autonomous Aircraft Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
