How big is the Autonomous Aircraft Market?

The Autonomous Aircraft Market size is expected to reach USD 6.64 billion in 2024 and grow at a CAGR of 17.07% to reach USD 14.61 billion by 2029. Read More

What is the current Autonomous Aircraft Market size?

In 2024, the Autonomous Aircraft Market size is expected to reach USD 6.64 billion. Read More

Who are the key players in Autonomous Aircraft Market?

Airbus SE, BAE Systems plc, Northrop Grumman Corporation, Textron Inc. and The Boeing Company are the major companies operating in the Autonomous Aircraft Market. Read More

Which is the fastest growing region in Autonomous Aircraft Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Autonomous Aircraft Market?

In 2024, the North America accounts for the largest market share in Autonomous Aircraft Market. Read More

What years does this Autonomous Aircraft Market cover, and what was the market size in 2023?

In 2023, the Autonomous Aircraft Market size was estimated at USD 5.51 billion. The report covers the Autonomous Aircraft Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Autonomous Aircraft Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Autonomous Aircraft Market Size & Share Analysis - Industry Research Report

Autonomous Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Autonomous Aircraft Market Report is Segmented by Aircraft Type (Fixed-Wing and Rotary-Wing), Application (Cargo Aircraft and Passenger Aircraft), End-User (Commercial and Defense), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Autonomous Aircraft Industry Overview

The autonomous aircraft market is still incubating. Hence, it is consolidated in nature as a handful of players such as The Boeing Company, Airbus SE, Northrop Grumman Corporation, Textron Inc., and BAE Systems plc dominate market share, especially in the defense sector. However, most of the technologies being tested in the autonomous aircraft market are already the design standards in the UAV industry.

Hence, it still trails in the measure of innovative developments in passenger and cargo-carrying applications. Nevertheless, there are certain inherent capabilities exclusive to autonomous aircraft when compared to UAVs, such as endurance. The relatively new concepts are opening many opportunities for players to venture into the market.