Market Share of Autonomous BVLOS Drones Industry
The autonomous BVLOS drone market is fragmented in nature, with various players holding significant shares in the market. Some prominent market players are Airbus SE, AeroVironment, Inc., Elbit Systems Ltd., General Atomics, and The Boeing Company, amongst others.
The key players in the market are focusing on the development of the advanced autonomous BVLOS market with advanced capabilities to further improve its beyond-line-of-sight capabilities. Growing expenditure on research and development towards manufacturing advanced autonomous BVLOS drone systems for both the military and commercial sectors will lead to creating better opportunities soon. Moreover, various manufacturers are now integrating technologies, like advanced Lidar sensors as well as terrain mapping, and this is expected to support the growth of the autonomous BVLOS drone market during the forecast period.
Autonomous BVLOS Drones Market Leaders
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Airbus SE
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Elbit Systems Ltd.
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The Boeing Company
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General Atomics
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AeroVironment, Inc.
*Disclaimer: Major Players sorted in no particular order