Market Share of Autonomous Aircraft Industry
The autonomous aircraft market is still incubating. Hence, it is consolidated in nature as a handful of players such as The Boeing Company, Airbus SE, Northrop Grumman Corporation, Textron Inc., and BAE Systems plc dominate market share, especially in the defense sector. However, most of the technologies being tested in the autonomous aircraft market are already the design standards in the UAV industry.
Hence, it still trails in the measure of innovative developments in passenger and cargo-carrying applications. Nevertheless, there are certain inherent capabilities exclusive to autonomous aircraft when compared to UAVs, such as endurance. The relatively new concepts are opening many opportunities for players to venture into the market.
Autonomous Aircraft Market Leaders
Airbus SE
BAE Systems plc
Northrop Grumman Corporation
Textron Inc.
The Boeing Company
*Disclaimer: Major Players sorted in no particular order
