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Autonomous Aircraft Market 2024 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : The Boeing Company, Airbus SE, Lockheed Martin Corporation, Northrop Grumman Corporation
Autonomous Aircraft Global Market Report
The Business Research Company's Autonomous Aircraft Global Market Report 2023 identifies the advancement in artificial intelligence is a key factor driving the growth of the autonomous aircraft market. Through managing aircraft and activities with AI-powered technologies, airlines and flight operators will dramatically reduce their operating costs and expenses. Artificial intelligence is now being used by the world's leading airlines to boost operating performance, prevent expensive errors, and increase customer loyalty.
The autonomous aircraft market size has grown rapidly in recent years. It will grow from $0.92 billion in 2023 to $1.05 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to safety and efficiency, military and defense applications, commercial use cases, regulatory developments. The autonomous aircraft market size is expected to see strong growth in the next few years. It will grow to $1.42 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%.
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Major companies operating in the autonomous aircraft market include The Boeing Company, Airbus SE, Lockheed Martin Corporation, Northrop Grumman Corporation, Elbit Systems Ltd., Raytheon Technologies Corporation, AeroVironment Inc., Saab Group, BAE Systems PLC, Aeronautics Ltd., General Atomics Aeronautical Systems Inc., Airobotics Ltd., Aston Martin Lagonda Global Holdings PLC, Aurora Flight Sciences a Boeing Company, Bell Textron Inc., Embraer S.A., Joby Aviation Inc., Karem Aircraft Inc., Lift Aircraft Inc., Piasecki Aircraft Corporation, Planck Aero Inc., PrecisionHawk Inc., SkyLights Inc., Volocopter GmbH, Wing, Textron Inc., Israel Aerospace Industries Ltd. (IAI), Collins Aerospace a Raytheon Technologies company, Opener Inc., Xwing Inc.
A key trend in the Autonomous Aircraft market includes the Strategic partnerships are a key trend gaining popularity in the autonomous aircraft market. Major players are entering into partnership to expand their market and leverage each other's resources.
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The Autonomous Aircraft market is segmented -
1) By Technology: Increasingly Autonomous, Fully Autonomous
2) By Aircraft Type: Fixed-Wing, Rotary-Wing
3) By Application: Cargo Aircraft, Passenger Aircraft
4) By End User: Commercial, Defense
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Autonomous Aircraft market.
The Business Research Company's "Global Autonomous Aircraft Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Autonomous Aircraft Market Include:
1. Executive Summary
2. Autonomous Aircraft Market Characteristics
3. Autonomous Aircraft Market Trends And Strategies
4. Autonomous Aircraft Market - Macro Economic Scenario
5. Autonomous Aircraft Market Size And Growth
……
27. Autonomous Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autonomous Aircraft Market
29. Autonomous Aircraft Market Future Outlook and Potential Analysis
30. Appendix
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