Autonomous Aircraft Global Market Estimated To Grow At 14% Rate
The Business Research Company’s Autonomous Aircraft Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, October 13, 2022 /EINPresswire.com/ — As per The Business Research Company’s “Autonomous Aircraft Global Market Report 2022”, the autonomous aircraft market is expected grow from $ 0.71 billion in 2021 to $ 0.83 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The autonomous aircraft market is expected to reach $ 1.40 billion in 2026 at a CAGR of 14.2%. The advancement in artificial intelligence is a key factor driving the growth of the autonomous aircraft market.
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Key Trends In The Autonomous Aircraft Market
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.
Overview Of The Autonomous Aircraft Market
The autonomous aircraft market consists of sales of autonomous aircraft, and related services, which are used as personal air vehicle and passenger air vehicle. Autonomous aircraft is an unmanned aircraft that does not require pilot interference in-flight management.
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Autonomous Aircraft Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
• By Technology: Increasingly Autonomous, Fully Autonomous
• By Aircraft Type: Fixed-Wing, Rotary-Wing
• By Application: Cargo Aircraft, Passenger Aircraft
• By End User: Commercial, Defense
• By Geography: The global autonomous aircraft market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Boeing, Airbus, Lockheed Martin, Northrop Grumman, Elbit Systems, Raytheon Company, AeroVironment Inc., Saab AB, BAE Systems, and Aeronautics Ltd.
Trends, opportunities, strategies and so much more.
Autonomous Aircraft Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides an overview of autonomous aircraft global market. The market report analyzes autonomous aircraft global market size, autonomous aircraft global market growth drivers, autonomous aircraft global market share, autonomous aircraft global market segments, autonomous aircraft industry major players, autonomous aircraft market growth across geographies, and autonomous aircraft global market competitors’ revenues and market positioning. The autonomous aircraft market research report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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