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Autonomous Military Aircraft Market to Surpass $6.09 Billion by 2029 | Key Trends & Insights
Autonomous Military Aircraft
How Will the Autonomous Military Aircraft Market Grow by 2025 in Terms of Size and Growth?
The market for autonomous military aircraft has seen considerable expansion in the past few years. Its growth is expected to rise from $4.33 billion in 2024 to $4.61 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. Factors contributing to this progression in the historic period include mission effectiveness, surveillance and reconnaissance capabilities, special operations, and cost reduction.
What Are the Estimated Growth Rates for the Autonomous Military Aircraft Industry Through 2029?
Expectations for the autonomous military aircraft market suggest robust growth in the forthcoming years. It is anticipated to expand to a value of $6.09 billion in 2029, with a compound annual growth rate (CAGR) of 7.2%. The projected growth during the forecast period is accredited to advancements in technology, artificial intelligence, machine learning, armed autonomous aircraft, and counter-drone technologies. Key trends for the forecast period encompass swarming technology, enhanced payloads, long-endurance UAVs, and electromagnetic warfare (EW).
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What Are the Strategic Drivers Boosting Autonomous Military Aircraft Market Performance?
The demand for autonomous military aircraft is bolstered by escalating governmental expenditure on defense equipment, aimed at improving military operation efficiency. For example, in February 2024, the US government's Department of Defense (DoD) called for a record-breaking investment of $310.7 billion for Fiscal Year 2025. This allocation, which includes $167.5 billion for procurement and $143.2 billion for research, development, test, and evaluation (RDT&E), demonstrates a comprehensive portfolio method to back the implementation of the National Defense Strategy (NDS). As a result, the surge in government investment on autonomous military aircraft is a potent catalyst for the growth of this market.
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What Are the Segments in the Autonomous Military Aircraft Market?
The autonomous military aircraft market covered in this report is segmented -
1) By Type: Fighter Aircrafts, Bombers, Reconnaissance And Surveillance Aircrafts, Airborne Early Warning Aircrafts, Others
2) By Component: Flight Management Computers, Air Data Inertial Reference Units, Sensors, Actuation Systems, Software, Intelligent Servos, Cameras, Radars And Transponders, Propulsion Systems
3) By Technology: Remotely Operated, Semi-Autonomous, Autonomous
Subsegments:
1) By Fighter Aircrafts: Autonomous Combat Aircraft, Unmanned Combat Aerial Vehicles (UCAVs)
2) By Bombers: Autonomous Strategic Bombers, Autonomous Tactical Bombers
3) By Reconnaissance And Surveillance Aircrafts: Autonomous Reconnaissance Drones, Surveillance UAVs (Unmanned Aerial Vehicles)
4) By Airborne Early Warning Aircrafts: Autonomous AWACS (Airborne Warning and Control System), Autonomous AEWAndC (Airborne Early Warning And Control) Aircraft
5) By Others: Autonomous Tankers, Autonomous Transport Aircraft, Autonomous Electronic Warfare Aircraft
What Are the Key Adoption Trends in the Autonomous Military Aircraft Market?
Leading businesses in the autonomous military aircraft market are honing their focus on the creation of advanced solutions, like drone swarming technology, to augment traditional deterrence techniques in contemporary warfare. Drone swarming technology pertains to the employment of numerous autonomous or semi-autonomous drones functioning in sync to achieve a collective objective or task. As an illustration, in October 2023, Shield AI, an American aerospace and defense firm, unveiled V-BAT Teams, a novel product devised to empower multiple V-BAT unmanned aircraft systems (UAS) to function independently in electronically disputed terrains. This offers unique characteristics such as autonomous mission execution, real-time adaptation to foes, and economical scalability for heightening operational efficiency in disputed zones.
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Which Companies Lead the Competitive Landscape of the Autonomous Military Aircraft Industry?
Major companies operating in the autonomous military aircraft market include The Boeing Company, Lockheed Martin Corporation, GE Aviation, Northrop Grumman Corporation, BAE Systems plc, Israel Aerospace Industries Ltd. (IAI), Elbit Systems Ltd., Dassault Aviation S.A., Denel Dynamics (Pty) Ltd, Airbus SE, United Technologies Corporation, General Dynamics Corporation, Raytheon Technologies Corporation, Safran S.A., Rolls-Royce Holdings plc, China Aerospace Science and Technology Corporation, Kratos Defense & Security Solutions Inc., Textron Inc., Anduril Industries, Shield AI Inc., Thales Group, Cobham Limited, QinetiQ Group plc, Endeavor Robotics (formerly known as iRobot Defense and Security), AeroVironment Inc., General Atomics Aeronautical Systems Inc., Aurora Flight Sciences a Boeing Company, Maxar Technologies, SpaceX (Space Exploration Technologies Corp.), The Aerospace Corporation
Where Are the Key Autonomous Military Aircraft Market Opportunities by Region?
Asia-Pacific was the largest region in autonomous military aircraft market in 2024. Western Europe is expected to be the fastest-growing region in the autonomous military aircraft market during the forecast period. The regions covered in the autonomous military aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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