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.
Report Coverage | Details |
Study Period | Historical Data: 2015-19 |
Base Year: 2019 | |
Forecast Period: 2020-25 | |
Regions Covered | North America |
Europe | |
Asia-Pacific | |
South America | |
Middle East & Africa | |
Unit Denominations | USD Million/Billion |
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.
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
Market Outlook, Segmentation and Statistics
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. Introduction
1.1. Research Process
1.2. Assumption
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
4.2.1.1. Increasingly Autonomous
4.2.1.2. Fully Autonomous First
4.2.2. By Aircraft Type
4.2.2.1. Fixed Wing
4.2.2.2. Rotary Wing
4.2.3. By End Use
4.2.3.1. Commercial Aircraft
4.2.3.2. Cargo & Delivery Aircraft
4.2.3.3. Air Medical Services
4.2.3.4. Passenger Air Vehicles
4.2.3.5. Personal Air Vehicle
4.2.3.6. Combat & ISR
4.2.3.7. Others
4.2.4. By Component
4.2.4.1. Flight Management Computers
4.2.4.2. Air Data Inertial Reference Units
4.2.4.3. Sensors
4.2.4.4. Actuation System
4.2.4.5. Software
4.2.4.6. Intelligent Servos
4.2.4.7. Cameras
4.2.4.8. Radars & Transponders
4.2.4.9. Propulsion Systems
4.2.5. By Region
4.2.5.1. North America
4.2.5.2. South America
4.2.5.3. Europe
4.2.5.4. Middle East & Africa
4.2.5.5. Asia-Pacific
4.2.6. By Company
4.2.6.1. Revenue Shares
4.2.6.2. Strategic Factorial Indexing
4.2.6.3. 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
5.2.5.1. US
5.2.5.2. Canada
5.3. The US Autonomous Aircraft Market Outlook, 2015-2025F
5.3.1. Market Size and Analysis
5.3.1.1. By Revenues
5.3.2. Market Share and Analysis
5.3.2.1. By Technology
5.3.2.2. By Aircraft Type
5.3.2.3. By End User
5.3.2.4. By Component
5.4. Canada Autonomous Aircraft Market Outlook, 2015-2025F
5.4.1. Market Size and Analysis
5.4.1.1. By Revenues
5.4.2. Market Share and Analysis
5.4.2.1. By Technology
5.4.2.2. By Aircraft Type
5.4.2.3. By End User
5.4.2.4. By Component
6. South America Autonomous Aircraft Market Outlook, 2015-2025F
6.1. Market Size and Analysis
6.1.1. By Revenues
6.2. Market Share and Analysis
6.2.1. By Technology
6.2.2. By Aircraft Type
6.2.3. By End User
6.2.4. By Component
6.2.5. By Country
6.2.5.1. Brazil
6.3. Brazil Autonomous Aircraft Market Outlook, 2015-2025F
6.3.1. Market Size and Analysis
6.3.1.1. By Revenues
6.3.2. Market Share and Analysis
6.3.2.1. By Technology
6.3.2.2. By Aircraft Type
6.3.2.3. By End User
6.3.2.4. By Component
7. Europe Autonomous Aircraft Market Outlook, 2015-2025F
7.1. Market Size and Analysis
7.2. Market Size and Analysis
7.2.1. By Revenues
7.3. Market Share and Analysis
7.3.1. By Technology
7.3.2. By Aircraft Type
7.3.3. By End User
7.3.4. By Component
7.3.5. By Country
7.3.5.1. Germany
7.3.5.2. Sweden
7.3.5.3. Russia
7.3.5.4. France
7.3.5.5. UK
7.4. Germany Autonomous Aircraft Market Outlook, 2015-2025F
7.4.1. Market Size and Analysis
7.4.1.1. By Revenues
7.4.2. Market Share and Analysis
7.4.2.1. By Technology
7.4.2.2. By Aircraft Type
7.4.2.3. By End User
7.4.2.4. By Component
7.5. Sweden Autonomous Aircraft Market Outlook, 2015-2025F
7.5.1. Market Size and Analysis
7.5.1.1. By Revenues
7.5.2. Market Share and Analysis
7.5.2.1. By Technology
7.5.2.2. By Aircraft Type
7.5.2.3. By End User
7.5.2.4. By Component
7.6. France Autonomous Aircraft Market Outlook, 2015-2025F
7.6.1. Market Size and Analysis
7.6.1.1. By Revenues
7.6.2. Market Share and Analysis
7.6.2.1. By Technology
7.6.2.2. By Aircraft Type
7.6.2.3. By End User
7.6.2.4. By Component
7.7. UK Autonomous Aircraft Market Outlook, 2015-2025F
7.7.1. Market Size and Analysis
7.7.1.1. By Revenues
7.7.2. Market Share and Analysis
7.7.2.1. By Technology
7.7.2.2. By Aircraft Type
7.7.2.3. By End User
7.7.2.4. By Component
7.8. Russia Autonomous Aircraft MarketOutlook, 2015-2025F
7.8.1. Market Size and Analysis
7.8.1.1. By Revenues
7.8.2. Market Share and Analysis
7.8.2.1. By Technology
7.8.2.2. By Aircraft Type
7.8.2.3. By End User
7.8.2.4. By Component
8. Asia-Pacific Autonomous Aircraft Market Outlook, 2015- 2025F
8.1. Market Size and Analysis
8.1.1. By Revenues
8.2. Market Share and Analysis
8.2.1. By Technology
8.2.2. By Aircraft Type
8.2.3. By End User
8.2.4. By Component
8.2.5. By Country
8.2.5.1. China
8.2.5.2. India
8.2.5.3. Japan
8.2.5.4. Australia
8.3. China Autonomous Aircraft Market Outlook, 2015-2025F
8.3.1. Market Size and Analysis
8.3.1.1. By Revenues
8.3.2. Market Share and Analysis
8.3.2.1. By Technology
8.3.2.2. By Aircraft Type
8.3.2.3. By End User
8.3.2.4. By Component
8.4. India Autonomous Aircraft Market Outlook, 2015-2025F
8.4.1. Market Size and Analysis
8.4.1.1. By Revenues
8.4.2. Market Share and Analysis
8.4.2.1. By Technology
8.4.2.2. By Aircraft Type
8.4.2.3. By End User
8.4.2.4. By Component
8.5. Japan Autonomous Aircraft Market Outlook, 2015-2025F
8.5.1. Market Size and Analysis
8.5.1.1. By Revenues
8.5.2. Market Share and Analysis
8.5.2.1. By Technology
8.5.2.2. By Aircraft Type
8.5.2.3. By End User
8.5.2.4. By Component
8.6. Australia Autonomous Aircraft Market Outlook, 2015-2025F
8.6.1. Market Size and Analysis
8.6.1.1. By Revenues
8.6.2. Market Share and Analysis
8.6.2.1. By Technology
8.6.2.2. By Aircraft Type
8.6.2.3. By End User
8.6.2.4. By Component
9. Global Autonomous Aircraft Market Policies, Regulations, Technology Standards
10. Global Autonomous Aircraft Market Trends & Insights
11. Global Autonomous Aircraft Market Dynamics
11.1.Growth Drivers
11.2.Challenges
11.3.Impact Analysis
12. Global Autonomous Aircraft Market Hotspot and Opportunities
13. Global Autonomous Aircraft Market Key Strategic Imperatives for Success and Growth
14. Competitive Outlook
14.1.Competition Matrix
14.1.1. Technology Portfolio
14.1.2. Brand Specialization
14.1.3. Target Markets
14.1.4. Target Technologies
14.1.5. Research & Development
14.1.6. Strategic Alliances
14.1.7. Strategic Initiatives
14.2.Company Profiles (Business Description, Technology Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
14.2.1. Northrop Grumman
14.2.2. Elbit Systems
14.2.3. Aerovironment
14.2.4. Lockheed Martin
14.2.5. Boeing
14.2.6. Raytheon
14.2.7. BAE Systems
14.2.8. General Atomics Aeronautical Systems
14.2.9. Airbus
14.2.10. Embraer
15. Disclaimer