Global Autonomous Aircraft Market Forecasts, 2019-2030 with Boeing, Airbus, Lockheed Martin, Northrop Grumman, and Elbit Systems Dominating

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DUBLIN, March 15, 2019 — The “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” report has been added to ResearchAndMarkets.com’s offering.

The 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.

Major players in the autonomous aircraft market are Boeing (US), Airbus (France), Lockheed Martin (US), Northrop Grumman (US), and Elbit Systems (Israel), among others. Along with these, there are a few startups in this market that are working on future concepts for fully autonomous passenger air travel. These major players have manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, and Asia Pacific.

Based on component, the propulsion system segment is projected to grow at the highest CAGR during the forecast period

Based on autonomy component, the propulsion system segment is projected to grow at a higher CAGR during the forecast period. The growth of this segment can be attributed to the advancements in propulsion technology to result in minimum or zero emission, and its capability to work autonomously.

North America is estimated to account for the largest share of the autonomous aircraft market in 2018, and the Rest of the World autonomous aircraft market is projected to grow at the highest CAGR during the forecast period

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. North America is projected to lead the autonomous aircraft market during the forecast period, in terms of market share.

Rest of the World is expected to be the fastest-growing market during the forecast period. Rest of the World consists of regions including the Middle East, Africa, and Latin America, Growth is largely due to an increase in autonomous aircraft for air medical services in Africa. Along with this, the rise in urban air mobility in countries such as Dubai, where regulatory bodies are working in favor of commercialization of these technologies, is resulting in high growth of Rest of the World.

Key Topics Covered

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Currency & Pricing

1.5 Limitations

1.6 Market Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Size Estimation

2.3 Research Approach & Methodology

2.4 Market Breakdown and Data Triangulation

2.5 Assumptions

3 Executive Summary

4 Premium Insights

4.1 Autonomous Aircraft Market Overview

4.2 Autonomous Aircraft Market Growth, By Autonomy Component

4.3 Autonomous Aircraft Market, By Technology

4.4 Autonomous Aircraft Market in Asia Pacific

4.5 Autonomous Aircraft Market Regional Analysis

4.6 Autonomous Aircraft Market, By End-Use

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Increasing Operating Efficiency and Cost Savings

5.2.1.2 Reduced Human Error

5.2.1.3 Advancements in Artificial Intelligence (Ai)

5.2.2 Restraints

5.2.2.1 Safety During Emergency Situations

5.2.3 Opportunities

5.2.3.1 Reduced Emissions

5.2.3.2 on Demand Availability

5.2.4 Challenges

5.2.4.1 Public Acceptance

5.2.4.2 Infrastructure

5.2.4.3 Regulations

6 Industry Trends

6.1 Introduction

6.2 Megatrends That Drive the Autonomous Aircraft Market

6.2.1 Artificial Intelligence

6.2.2 Big Data Analytics

6.2.3 Internet of Things (IoT)

6.3 Technology Trends

6.3.1 Smart Drones

6.3.1.1 Evolution of Smart Drones

6.3.2 Increasingly Autonomous (IA) Systems

6.3.2.1 Characteristics and Functions of IA Systems

6.3.3 Electric Propulsion

6.4 Innovations & Patent Registrations, 2008-2018

7 Autonomous Aircraft, By Technology

7.1 Introduction

7.2 Increasingly Autonomous (IA)

7.2.1 Semi-Autonomous Aircraft

7.3 Fully Autonomous

7.3.1 Aircraft Operations Without Any Human Intervention, But Remote Monitoring

8 Autonomous Aircraft, By End-Use

8.1 Introduction

8.2 Commercial Aircraft

8.2.1 Increasingly Autonomous Capability

8.3 Cargo & Delivery Aircraft

8.3.1 Package Pick Up and Delivery, Cargo Transport

8.4 Air Medical Services

8.4.1 Emergency Medical Services in Remote, Non-Accessible, Or Heavy Traffic Areas

8.5 Passenger Air Vehicle

8.5.1 Urban Air Mobility – Passenger Travel, Air Taxi

8.6 Personal Air Vehicle

8.6.1 One and Two Seater Aircraft for Intracity Travel

8.7 Combat and Isr

8.7.1 Military Operations With Autonomous Capabilities

8.8 Others

8.8.1 Agriculture, Science and Research, Survey, Mapping and Photography

9 Autonomous Aircraft, By Autonomy Component

9.1 Introduction

9.2 Flight Management Computers

9.2.1 Processing Unit for Autonomous Operations

9.3 Air Data Inertial Reference Units (ADIRU)

9.3.1 Collecting Data to Provide Input to Efis and Flight Management Computer

9.4 Sensors

9.4.1 Advancements in Sensor Technology is Driving the Market

9.5 Actuation System

9.5.1 Driven By Increase in Number of Fully Autonomous Aircraft

9.6 Software

9.6.1 Algorithms That Drive Autonomous Aircraft

9.7 Intelligent Servos

9.7.1 Controls the Flight Control Autonomously

9.8 Cameras

9.8.1 Input Provider to the Display System

9.9 Radars & Transponders

9.9.1 Sense and Avoid System

9.10 Propulsion Systems

9.10.1 Advancements in Technology and Introduction of Evtols is Driving the Growth

10 Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 US

10.2.2 Canada

10.3 Europe

10.3.1 UK

10.3.2 France

10.3.3 Germany

10.3.4 Russia

10.3.5 Sweden

10.3.6 Rest of Europe

10.4 Asia Pacific

10.4.1 China

10.4.2 Japan

10.4.3 India

10.4.4 Australia

10.4.5 Rest of Asia Pacific

10.5 Rest of the World

10.5.1 Middle East

10.5.2 Africa

10.5.3 Latin America

11 Competitive Landscape

11.1 Overview

11.2 Competitive Leadership Mapping

11.2.1 Autonomous Aircraft Market Industry Landscape

11.2.1.1 Visionary Leaders

11.2.1.2 Innovators

11.2.1.3 Dynamic Differentiators

11.2.1.4 Emerging Companies

11.3 Company Ranking Analysis: 2018

11.4 Competitive Scenario

11.4.1 Mergers & Acquisitions

11.4.2 New Product Launches

11.4.3 Contracts, Partnerships & Agreements

12 Company Profiles

12.1 Introduction

12.2 Northrop Grumman

12.3 Elbit Systems

12.4 Aerovironment

12.5 Lockheed Martin

12.6 Boeing

12.7 Aeronautics

12.8 Raytheon

12.9 Saab

12.10 BAE Systems

12.11 General Atomics Aeronautical Systems

12.12 Airbus

12.13 Embraer

12.14 Bell Helicopter

12.15 Startup Company Profiles

12.15.1 Volocopter GmbH

12.15.2 Kitty Hawk

12.15.3 Joby Aviation

12.15.4 Aston Martin

12.15.5 Wing

12.15.6 Karem Aircraft Inc.

12.15.7 Lift

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