Autonomous Aircraft Market: A Strategic Assessment of Market Trends, Competitive Landscape, and Future Directions, Underscoring the Autonomous Revolution in Aviation
The global autonomous aircraft market is expected to reach US$ 26.2 billion by 2030, with an annual growth rate of more than 29.5%, primarily driven by the growing desire for more effective, affordable, and safe air transportation.
Wilmington, Delaware, Nov. 29, 2023 (GLOBE NEWSWIRE) —
Global Autonomous Aircraft Market: Segmental and Market Share Analysis
- On the basis of end user, military & defense is anticipated to cover a significant share of the autonomous aircraft market.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 4.3 billion |
| Market Size Forecast | US$ 26.2 billion |
| Growth Rate | 29.5% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global autonomous aircraft market include,
- In October 2022, Wisk Aero, part of Boeing introduced a four-seater autonomous air taxi, featuring six front and rear rotors, with the front rotors having the ability to rotate vertically as well as horizontally.
Some of the prominent players and suppliers operating and contributing significantly to the global autonomous aircraft market growth include Boeing, Airbus, Lockheed Martin, Elbit Systems, Northrop Grumman, Textron Systems, Skydio, Volocopter, Joby Aviation, Airobotics, EHang, EmbraerX, among others.
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RationalStat has segmented the global autonomous aircraft market based on level of automation, payload capacity, end user and region
- Global Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Level of Automation
- Fully Autonomous
- Semi-Autonomous
- Global Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Payload Capacity
- Low
- Medium
- High
- Global Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
- Commercial
- Military & Defense
- Others
- Global Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Autonomous Aircraft Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Autonomous Aircraft Report:
- What will be the market value of the global autonomous aircraft market by 2030?
- What is the market size of the global autonomous aircraft market?
- What are the market drivers of the global autonomous aircraft market?
- What are the key trends in the global autonomous aircraft market?
- Which is the leading region in the global autonomous aircraft market?
- What are the major companies operating in the global autonomous aircraft market?
- What are the market shares by key segments in the global autonomous aircraft market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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