Global Autonomous Military Aircraft Market Report by Commercial Research Company 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, United Kingdom, April 4, 2022 /EINPresswire.com/ — Rising government funding for defense equipment such as autonomous military aircraft to improve the efficiency of military operations is driving market demand. For example, the UK government has funded $152.3m (£125m) to support research into new technologies for autonomous aircraft. According to the autonomous military aircraft market forecast, increasing government spending on autonomous military aircraft is a key factor driving the market.
The global autonomous military aircraft market size is expected to grow from $4.75 billion in 2021 to $5.15 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The market growth is mainly driven by businesses resuming operations and adapting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing , remote working and closing business activities. which resulted in operational difficulties. The autonomous military aircraft market share is expected to reach $6.66 billion in 2026 with a CAGR of 6.6%.
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Autonomous military aircraft companies strive to integrate artificial intelligence (AI) and specialize in software development, including machine learning and AI, which are essential capabilities for these advanced systems. The ability of a system to decide the most appropriate action from sensor data input to meet operations intent by making guesses without human intervention can be achieved through the technology of the AI. With edge processing, aircraft do not have to send information to the cloud and thus can achieve increased performance, information security and range. The US Defense Advanced Research Projects Agency (DARPA) seeks to advance artificial intelligence technologies for individual and team air combat tactics.
Major Players Covered in Global Autonomous Military Aircraft Industry are Boeing, Lockheed Martin Corp, GE Aviation, Northrop Grumman, BAE Systems, Israel Aerospace Industries (IAI), Elbit Systems, Dassault Aviation SA, Denel Dynamics, Airbus SE, United Technologies Corporation, General Dynamics Corporation, Raytheon Company, Safran SA, Rolls Royce, China Aerospace Science, and Technology Corporation, Kratos Defense & Security Solutions Inc. and Textron Inc.
TBRC’s Global Autonomous Military Aircraft Industry Growth Analysis Report is segmented by Technology into Remote Operated, Semi-Autonomous, Autonomous Combat Aircraft, by Type into Combat Aircraft, Bombers, Reconnaissance and Surveillance Aircraft. , airborne early warning aircraft, other, by component in flight management computers, inertial air data units, sensors, actuation systems, software, intelligent servos, cameras, radars and transponders, propulsion systems.
Global Autonomous Military Aircraft Market Report 2022 – By Technology (Remotely Operated, Semi-Autonomous, Autonomous), By Type (Fighter Aircraft, Bombers, Reconnaissance & Surveillance Aircraft, Airborne Early Warning Aircraft), By component (Flight Management Computers, Inertial Air Data Reference Units, Sensors, Actuation Systems, Software, Smart Servo Motors, Cameras, Radars & Transponders, Propulsion Systems) – Global Market Size, Trends & Forecast 2022-2026 Fact Part of a series of new reports from The Business Research Company that provides Autonomous Military Aircraft Market Overview, Autonomous Military Aircraft Market Size and Growth Forecast for Overall Market, Aircraft Market Segments Geographies, Autonomous Military Aircraft Market Trends, Autonomous Military Aircraft Market Drivers, Autonomous Military Aircraft Market Constraints Autonomous Military Aircraft, Key Competitor Revenues, Autonomous Military Aircraft Market Profiles and Autonomous Military Aircraft Market and Shares.
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