By Technology (Increasingly Autonomous, Fully Autonomous First), By Aircraft Type (Fixed Wing, Rotary Wing), By End Use (Commercial Aircraft, Cargo & Delivery Aircraft, Air Medical Services, Passenger Air Vehicles, Personal Air Vehicle, Combat & ISR, Others), By Component (Flight Management Computers, Air Data Inertial Reference Units, Sensors, Actuation System, Software, Intelligent Servos, Cameras, Radars & Transponders, Propulsion Systems), By Region (North America, Europe, , Asia- Pacific, Rest of the World), By Country (US, Canada, Germany, Sweden, France, UK, Rus
Aerospace & Defense
According to MarkNtel Advisors’ research report titled “Global Autonomous Aircraft Market Analysis, 2020”, the Global Autonomous Aircraft market is anticipated to grow at a CAGR of around 18% during 2020-25. The competitive advantages of the autonomous technologies aerial vehicles such as lower human intervention and operational errors and reducing operation costs, are expected to surge the demand for autonomous aircraft systems during the forecast period. Additionally, the development in artificial intelligence and smart technologies, along with increasing adoption of auto-functioning in the aviation sector are key factors boosting the overall growth of the market.
Global autonomous aircraft market segmentation on the basis of technology has been dominated by the increasingly autonomous segment in 2019. However, with increasing adoption of automation in the aircraft for commercial and civil, the fully autonomous market segment is expected to outpace the semi-automatic or increasingly-automatic segment.
North America Region is Leading the Global Autonomous Aircraft Market
The North America region contributed to the highest revenue generation for the autonomous aircraft market in 2019 and captured the lion’s share. The region is further expected to attain significant growth over the upcoming years, on an account of favorable government policies toward the development and deployment of advanced technologies such as unmanned aircraft. Moreover, the competitive advantage by the region due to the presence of a handful number of leading aircraft manufacturers such as Boeing, Bell Helicopter, and Lockheed Martin, among others in the US, is another leading factor for regional growth.
According to MarkNtel Advisors’, some the of key competitors operating in the Global Autonomous Aircraft market include Northrop Grumman, Elbit Systems, AeroVironment, Lockheed Martin, Boeing, Raytheon, BAE Systems, General Atomics Aeronautical Systems.
Key Questions Answered in the Market Research Report
What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Autonomous Aircraft Market?
What are the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Global Autonomous Aircraft Market?
Who are the key competitors or market players and how they perform in Global Autonomous Aircraft Market on the basis of competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Global Autonomous Aircraft Market study?
Market Outlook, Segmentation and Statistics
Market Size and Analysis
Market Share and Analysis
Fully Autonomous First
By Aircraft Type
By End Use
Cargo & Delivery Aircraft
Air Medical Services
Passenger Air Vehicles
Personal Air Vehicle
Combat & ISR
Flight Management Computers
Air Data Inertial Reference Units
Radars & Transponders
Rest of the world
Middle East and Africa
Strategic Factorial Indexing
Competitor Placement in Markntel Quadrant
Global Autonomous Aircraft Market Policies, Regulations, Technology Standards
Global Autonomous Aircraft Market Hotspot and Opportunities
Global Autonomous Aircraft Market Key Strategic Imperatives for Success and Growth
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Global Autonomous Aircraft Market during 2020-25?
A. The market size of Global Autonomous Aircraft Market during 2020-25 is forecast to be around 18%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that North America will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Autonomous Aircraft Market?
A. Northrop Grumman, Elbit Systems, AeroVironment, Lockheed Martin, Boeing, Raytheon, BAE Systems, General Atomics Aeronautical Systems are few of the leading players in the Global Autonomous Aircraft Market.
Q. Does the report scope cover Global Autonomous Aircraft type wise market statistics also?
A. Yes, the scope of the report encompass detailed aircraft type wise statistics based on various subcategories.
Q. Which technology segment would emerge as an opportunity area for players in Autonomous Aircraft Market?
A. Fully Autonomous will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Autonomous Aircraft Market.
1.1. Research Process
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Autonomous Aircraft Market Outlook, 2015-2025F
4.1. Market Size and Analysis
4.1.1. By Revenues
4.2. Market Share and Analysis
4.2.1. By Technology
126.96.36.199. Increasingly Autonomous
188.8.131.52. Fully Autonomous First
4.2.2. By Aircraft Type
184.108.40.206. Fixed Wing
220.127.116.11. Rotary Wing
4.2.3. By End Use
18.104.22.168. Commercial Aircraft
22.214.171.124. Cargo & Delivery Aircraft
126.96.36.199. Air Medical Services
188.8.131.52. Passenger Air Vehicles
184.108.40.206. Personal Air Vehicle
220.127.116.11. Combat & ISR
4.2.4. By Component
18.104.22.168. Flight Management Computers
22.214.171.124. Air Data Inertial Reference Units
126.96.36.199. Actuation System
188.8.131.52. Intelligent Servos
184.108.40.206. Radars & Transponders
220.127.116.11. Propulsion Systems
4.2.5. By Region
18.104.22.168. North America
22.214.171.124. South America
126.96.36.199. Middle East & Africa
4.2.6. By Company
188.8.131.52. Revenue Shares
184.108.40.206. Strategic Factorial Indexing
220.127.116.11. Competitor Placement in Markntel Quadrant
5. North America Autonomous Aircraft Market Outlook, 2015-2025F
5.1. Market Size and Analysis
5.1.1. By Revenues
5.2. Market Share and Analysis
5.2.1. By Technology
5.2.2. By Aircraft Type
5.2.3. By End User
5.2.4. By Component
5.2.5. By Country
5.3. The US Autonomous Aircraft Market Outlook, 2015-2025F