Bharat Book Bureau Provides the Trending Market Research Report on “Autonomous Aircraft Market by Technology (Increasingly Autonomous, and Fully Autonomous), End Use (Commercial, Combat & ISR, Cargo, Passenger Air Vehicle, Personal Air Vehicle, Air Medical Services), Component, and Region - Global Forecast 2030” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Autonomous Aircraft Market is projected to grow from an estimated USD 3.6 billion in 2018 to 23.7 billion by 2030, at a CAGR of 17.06% from 2018 to 2030. This growth can be attributed to increased cost savings, reduction in human error due to increased autonomy, and advancements in artificial intelligence. However, the safety level of autonomous systems during emergency situations is expected to restrain the growth of this market.
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North America is estimated to account for the largest share of the autonomous aircraft market in 2018. Major aircraft manufacturers, such as Boeing (US), Lockheed Martin (US), Bell Helicopter (US), and The Raytheon Company (US), among others, are based in this region, and thus generate high demand for autonomous aircraft.
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