The autonomous military aircraft global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Autonomous Military Aircraft Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The autonomous military aircraft market size has grown strongly in recent years. It will grow from $5.96 billion in 2023 to $6.47 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to mission effectiveness, surveillance and reconnaissance, special operations, cost reduction.
The autonomous military aircraft market size is expected to see strong growth in the next few years. It will grow to $7.97 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to technological refinement, artificial intelligence and machine learning, armed autonomous aircraft, counter-drone technologies. Major trends in the forecast period include swarming technology, improved payloads, long-endurance uavs, electromagnetic warfare (ew).
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/autonomous-military-aircraft-global-market-report
Scope Of Autonomous Military Aircraft Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Autonomous Military Aircraft Market Overview
Market Drivers –
Increasing government funding on defense equipment such as autonomous military aircraft to enhance the efficiency of military operations also boosts the demand for the market. For instance, in September 2021, the UK government invested nearly £400 million in the Royal Air Force (RAF) to upgrade the capabilities of two of its most important assets such as the C-17 Globemaster airplane and the CH-47 Chinook helicopter. £324 million will be invested in the UK’s C-17 fleet. As part of a contract with the US Air Force, this will upgrade hardware and software to improve airlift capability. As part of a £64 million contract with Boeing Defence UK (BDUK), the UK’s fleet of Mk5 and Mk6 Chinook helicopters will be improved with cutting-edge defensive systems, making them more difficult for adversaries to detect. Hence, increasing government spending on autonomous military aircraft is a key factor in driving the growth of the autonomous military aircraft market.
Market Trends –
Autonomous military aircraft industry is making efforts to embed artificial intelligence (AI) and specialize in the development of software, including machine learning and AI, that are core capabilities for these advanced systems. The ability of a system to decide on the most suitable action from sensor data input to fulfil the intent for operations by making guesses without human input can be achieved by AI technology. Through edge processing, aircraft do not have to send information to the cloud and thus may achieve greater performance, information security, and autonomy. The U.S. Defense Advanced Research Projects Agency (DARPA) is seeking to advance artificial intelligence technologies for individual and team aerial dogfighting tactics.
The autonomous military aircraft market covered in this report is segmented –
1) By Type: Fighter Aircrafts, Bombers, Reconnaissance and Surveillance Aircrafts, Airborne Early Warning Aircrafts, Others
2) By Component: Flight Management Computers, Air Data Intertial Refernece Units, Sensors, Actuation Systems, Software, Intelligent Servos, Cameras, Radars & Transponders, Propulsion Systems
3) By Technology: Remotely Operated, Semi-Autonomous, Autonomous
Get an inside scoop of the autonomous military aircraft market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=3208&type=smp
Regional Insights –
Asia-Pacific was the largest region in autonomous military aircraft market in 2023. Western Europe is expected to be the fastest-growing region in the autonomous military aircraft market during the forecast period. The regions covered in the autonomous military aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the autonomous military aircraft market include The Boeing Company, Lockheed Martin Corporation, GE Aviation, Northrop Grumman Corporation, BAE Systems plc, Israel Aerospace Industries Ltd. (IAI), Elbit Systems Ltd., Dassault Aviation S.A., Denel Dynamics (Pty) Ltd, Airbus SE, United Technologies Corporation, General Dynamics Corporation, Raytheon Technologies Corporation, Safran S.A., Rolls-Royce Holdings plc, China Aerospace Science and Technology Corporation, Kratos Defense & Security Solutions Inc., Textron Inc., Anduril Industries, Shield AI Inc., Thales Group, Cobham Limited, QinetiQ Group plc, Endeavor Robotics (formerly known as iRobot Defense and Security), AeroVironment Inc., General Atomics Aeronautical Systems Inc., Aurora Flight Sciences a Boeing Company, Maxar Technologies, SpaceX (Space Exploration Technologies Corp.), The Aerospace Corporation
Table of Contents
1. Executive Summary
2. Autonomous Military Aircraft Market Report Structure
3. Autonomous Military Aircraft Market Trends And Strategies
4. Autonomous Military Aircraft Market – Macro Economic Scenario
5. Autonomous Military Aircraft Market Size And Growth
…..
27. Autonomous Military Aircraft Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
