Global Autonomous Aircraft Market Size & Insights
The Global Autonomous Aircraft Market size is valued at USD 7.5 Billion in 2024 and is expected to reach USD 16.6 Billion by 2030, exhibiting a growth rate (CAGR) of 15.2% during the forecast period, i.e., 2024-30. The Global Global Autonomous Aircraft Market is significantly growing due to several growth factors, including the rapidly growing gaming industry, the rising demand for electronic devices, including TVs, smartphones, monitors, wearables, etc., the infrastructural development & expansion of production facilities, and the integration of artificial intelligence in Global Autonomous Aircraft.
What are the Key DROs in the Global Autonomous Aircraft Market??
Integration of Artificial Intelligence (AI) & IoT for Autonomous Aircraft to Augment Growth – The integration of advanced concepts, such as AI & the Internet of Things (IoT) in autonomous aircraft by several companies is a thriving opportunity in the autonomous market adopted across the globe. Airbus SAS, Boeing, Lockheed Martin Corporation, Northrop Grumman Corporation, and other companies are incorporating intelligent AI-powered solutions that leverage data from various sensors and advanced real-time systems to develop aircraft designs, thus providing lucrative opportunities to augment the Global Autonomous Aircraft Market.
The notion of utilizing AI and IoT in more electric aircraft is regarded as the basis for constructing future aircraft. Additionally, unmanned aerial vehicles (UAVs) are employed by the United States military in defense-related tasks, including reconnaissance and pinpointing hostile positions. These aircraft incorporate artificial intelligence to autonomously pilot them and execute necessary actions during strategic warfare planning. Such technological advancements will undoubtedly fuel market expansion.
What are the Key Segments in the Global Autonomous Aircraft Market?
The Global Autonomous Aircraft is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Aircraft Type
-Fixed Wing- Market Size & Forecast 2019-2030, (USD Million)
-Rotary Wing- Market Size & Forecast 2019-2030, (USD Million)
By Technology
-Increasingly Autonomous- Market Size & Forecast 2019-2030, (USD Million)
-Fully Autonomous- Market Size & Forecast 2019-2030, (USD Million)
By Component
-Radars & Transponders- Market Size & Forecast 2019-2030, (USD Million)
-Propulsion Systems- Market Size & Forecast 2019-2030, (USD Million)
-Actuation System- Market Size & Forecast 2019-2030, (USD Million)
-Air Data Inertial Reference Units- Market Size & Forecast 2019-2030, (USD Million)
-Flight Management Computers- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By End-User
-Air Medical Service- Market Size & Forecast 2019-2030, (USD Million)
-Commercial Aircraft- Market Size & Forecast 2019-2030, (USD Million)
-Defense- Market Size & Forecast 2019-2030, (USD Million)
-Cargo & Delivery Aircraft- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
Who are the Key Players in Global Autonomous Aircraft Market?
AeroVironment, Inc., Airbus S.A.S., BAE Systems, Boeing, Elbit Systems, Embraer, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies, Saab AB, General Atomics Aeronautical Systems, Textron Inc., RTX Corporation, Others,.
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Global Autonomous Aircraft Market News
- 2024: BOE Technology Group showcased curved and foldable automotive displays up to 17 inches, featuring a unique “breathing display” design. The company also planned curved Mini LED monitors, including a 34″ (1500R, 165Hz) and a 39.7″ (1400R, 144Hz) model with high resolutions and over 1,000 dimming zones. These products began launching in late 2023 and continued into 2024.
- 2025: LG Display launched the LG UltraFine 40U990A-W is a 40-inch curved business monitor. It features a sharp 5K2K resolution (5120×2160), Thunderbolt 5 connectivity, and a smooth 120Hz refresh rate. With a 1000R curve, it offers an immersive viewing experience.
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