With Market Size Valued at $12.3 Billion by 2026, it`s a Healthy Outlook for the Global Autonomous Aircraft Market

SAN FRANCISCO, June 29, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Autonomous Aircraft - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Edition: 7; Released: January 2022
Executive Pool: 642
Companies: 36 - Players covered include Aeronautics; Aerovironment; Airbus; Aston Martin; BAE Systems; Bell Helicopter; Boeing; Elbit Systems; Embraer; General Atomics Aeronautical Systems and Others.
Coverage: All major geographies and key segments
Segments: Technology (Increasingly Autonomous, Fully Autonomous); Component (Flight Management Computers, Sensors, Air Data Inertial Reference Units, Actuation Systems, Software, Other Components); End-Use (Commercial Aircraft, Air Medical Services, Cargo & Delivery Aircraft, Passenger Air Vehicle, Combat & ISR, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Autonomous Aircraft Market to Reach $12.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Autonomous Aircraft estimated at US$4.8 Billion, is projected to reach a revised size of US$12.3 Billion by 2026, growing at a CAGR of 16.7% over the analysis period. Fully Autonomous, one of the segments analyzed in the report, is projected to record a 17.5% CAGR and reach US$9.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Increasingly Autonomous segment is readjusted to a revised 15.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.7 Billion in 2021, While China is Forecast to Reach $2.1 Billion by 2026
The Autonomous Aircraft market in the U.S. is estimated at US$1.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2026 trailing a CAGR of 16% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 14.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.