The Business Research Company’s latest report Autonomous Aircraft Global Market Report 2020 covers Autonomous Aircraft market drivers, Autonomous Aircraft market trends, Autonomous Aircraft market segments, Autonomous Aircraft market growth rate, Autonomous Aircraft market major players, and Autonomous Aircraft market size. The report provides in-depth analysis of the impact of COVID-19 on the Autonomous Aircraft industry, along with revised market numbers due to the effects of the coronavirus.
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Autonomous Aircraft Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global autonomous aircraft market is expected to decline from $0.84 billion in 2019 to $0.79 billion in 2020 at a compound annual growth rate (CAGR) of -6.35%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $1.27 billion in 2023 at a CAGR of 17.06%.
The report covers the Autonomous Aircraft market’s segments-
1) By Technology: Increasingly Autonomous, Fully Autonomous.
2) By End Usse: Passenger Air Vehicle, Personal Air Vehicle.
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