Global Autonomous Military Aircraft Market Key Players & Growth Rate and Forecasts to 2032 | Boeing, Lockheed Martin Corp., GE Aviation, Northrop Grumman

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Autonomous Military Aircraft market report by The Business Research Company, Increasing government funding on defense equipment such as autonomous military aircraft to enhance the efficiency of military operations also boosts the demand for the market. For instance, in September 2021, the UK government invested nearly £400 million in the Royal Air Force (RAF) to upgrade the capabilities of two of its most important assets: the C-17 Globemaster airplane and the CH-47 Chinook helicopter. £324 million will be invested in the UK's C-17 fleet. As part of a contract with the US Air Force, this will upgrade hardware and software to improve airlift capability.

The global autonomous military aircraft market size will grow from $5.42 billion in 2022 to $5.95 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global autonomous military aircraft market size is expected to grow to $7.35 billion in 2027 at a CAGR of 5.4%.

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Major competitors in the Autonomous Military Aircraft market include Boeing, Lockheed Martin Corp., GE Aviation, Northrop Grumman, BAE Systems, Israel Aerospace Industries (IAI), Elbit Systems, Dassault Aviation S.A., Denel Dynamics, Airbus SE, United Technologies Corporation.

The Autonomous Military Aircraft market is segmented -

•By Technology: Remotely Operated, Semi-Autonomous, Autonomous
•By Type: Fighter Aircrafts, Bombers, Reconnaissance and Surveillance Aircrafts, Airborne Early Warning Aircrafts, Others.
•By Component: Flight Management Computers, Air Data Intertial Refernece Units, Sensors, Actuation Systems, Software, Intelligent Servos, Cameras, Radars & Transponders, Propulsion Systems. Asia-Pacific was the largest region in autonomous military aircraft market in 2022

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Autonomous military aircraft refers to aircraft guided autonomously from the ground, designed to attack surface targets with bombs or missiles and destroy enemy targets in warfare. They carry sensors, target designators, offensive ordnance, and electronic transmitters, among others.
The main technological types of autonomous military aircraft are remotely operated, semi-autonomous, and autonomous.

The Table Of Content For The Autonomous Military Aircraft Market Include:

1. Executive Summary
2. Autonomous Military Aircraft Market Characteristics
3. Autonomous Military Aircraft Market Trends And Strategies
4. Autonomous Military Aircraft Market - Macro Economic Scenario
5. Autonomous Military Aircraft Market Size And Growth
……
26. Africa Autonomous Military Aircraft Market
27. Autonomous Military Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autonomous Military Aircraft Market
29. Autonomous Military Aircraft Market Future Outlook and Potential Analysis
30. Appendix

The "Global Autonomous Military Aircraft Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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