March 2025
Senior Research Analyst
Reviewed By
The autonomous aircraft market is projected to reach USD 57.95 billion by 2034, growing from USD 11.65 billion in 2025, at a CAGR of 19.51% during the forecast period from 2025 to 2034.
The autonomous aircraft market is a prominent branch of the aerospace and defense industry. This industry deals in manufacturing and distribution of autonomous aircrafts around the world. There are different types of aircrafts developed in this sector comprising of fixed-wing aircraft and rotary-wing aircraft. These aircraft use various components including radars & transponders, propulsion systems, cameras, sensors, actuation system, air data inertial reference units, flight management computers, software and some others. The end-user of this sector includes air medical service, commercial aircraft, combat & ISR, passenger air vehicle, personal air vehicle, cargo & delivery aircraft and some others. The rising air traffic movement in different parts of the world has boosted the market expansion. This market is projected to rise significantly with the growth of the airlines sector across the globe.
Metric | Details |
Market Size in 2024 | USD 9.75 Billion |
Projected Market Size in 2034 | USD 57.95 Billion |
CAGR (2025 - 2034) | 19.51% |
Leading Region | North America |
Market Segmentation | By Aircraft Type, By Component, By Technology, By End User and By Region |
Top Key Players | AeroVironment, Inc., Saab AB, Airbus S.A.S, Raytheon Company |
In February 2025, Michael Norcia, the CEO of Pyka announced that, “We couldn't be more excited to release Pelican 2, With nearly 5 years of commercial operation under our belt, this aircraft exhibits the reliability, performance, and ease of operation that growers demand. I have no doubt that the features and operating economics of this aircraft will revolutionize aerial application, delivering meaningful cost-savings and spray results for growers."
North America held the largest share of the autonomous aircraft market. The rise in number of airlines companies in the U.S. and Canada has boosted the industrial expansion. Also, the rapid investment by government for strengthening the aviation sector coupled with technological advancements in aerospace industry is positively impacting the market. Moreover, the presence of various market players such as Northorp Grumman Corporation, Boeing Company, Lockheed Martin Corporation, Elbit Systems and some others is driving the market growth in this region.
The autonomous aircraft market is a highly competitive industry with the presence of several dominating players. Some of the prominent companies in this industry consists of AeroVironment, Inc., Saab AB, Airbus S.A.S, Raytheon Company, BAE Systems, Northorp Grumman Corporation, Boeing Company and some others. These companies are constantly engaged in developing pilotless aircrafts and adopting numerous strategies to maintain their dominance in this industry.
By Aircraft Type
By Component
By Technology
By End User
By Region
March 2025
March 2025
March 2025
February 2025
Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.
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