How big is the Autonomous BVLOS Drones Market?

The Autonomous BVLOS Drones Market size is expected to reach USD 1.06 billion in 2024 and grow at a CAGR of 23.26% to reach USD 3.03 billion by 2029. Read More

What is the current Autonomous BVLOS Drones Market size?

In 2024, the Autonomous BVLOS Drones Market size is expected to reach USD 1.06 billion. Read More

Who are the key players in Autonomous BVLOS Drones Market?

Airbus SE, Elbit Systems Ltd., The Boeing Company, General Atomics and AeroVironment, Inc. are the major companies operating in the Autonomous BVLOS Drones Market. Read More

Which is the fastest growing region in Autonomous BVLOS Drones Market?

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

Which region has the biggest share in Autonomous BVLOS Drones Market?

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

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

In 2023, the Autonomous BVLOS Drones Market size was estimated at USD 0.81 billion. The report covers the Autonomous BVLOS Drones Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Autonomous BVLOS Drones Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

BVLOS Drone Market - Size, Share & Industry Analysis

BVLOS Drone Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Autonomous BVLOS Drones Market is Segmented by Type (Small UAVs, Medium UAVs, and Large UAVs), Application (Military, and Civil & Commercial), 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 BVLOS Drones Industry Overview

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.