Commercial, Military, and Governments Are Thinking Autonomous

When you start to breakdown each of the sectors where autonomous vehicles (AVs) or unmanned vehicles (UVs) are in growing demand, you can see that the broad market growth predictions undersell the potential.

For example, here is a prediction of just the auto industry.

Here’s what the military drone market looks like these days.

As you know by now, the robotaxis sector is also booming with big names, like Amazon (NASDAQ:AMZN), Tesla (NASDAQ:TSLA), and Alphabet (NASDAQ:GOOG) fighting for pole position, while Uber (NASDAQ:UBER) and Lyft (NASDAQ:LYFT) negotiate deals to grow their fleets.

That’s just in the US. This is the growth track for the Asia Pacific nations:

Of course, none of this includes underwater military systems or the autonomous work being done in space, which will explode as Earthlings begin to build out bases on the Moon.

There will be earth moving equipment, landers, shuttles, ground vehicles, and other vehicles to leverage small crews with very big tasks in building out shelter, establishing launch pads, and maintaining infrastructure, as well as scouting the surface.

Some of the big US players, like Caterpillar (NYSE:CAT) and Deere & Co. (NYSE:DE), are already doing that work with NASA, as well as in farming, mining, and construction industries already here on Earth.

Another industry that’s taking off (pun intended) is electric vertical take off and landing (EVTOLs) vehicles. That sector is already getting approval in both the US and China, and after initial work with human-supervised systems (for oversight safety, like in robotaxis), the goal is to have them autonomous as well.

Right now, the big names in EVOTLs are Joby (NASDAQ:JOBY), Archer (NASDAQ:ACHR), and EHang (NASDAQ:EH), leaving Boeing (NYSE:BA) out of the mix since it will only be a small part of its business for years to come.

Ultimately, UVs are just the end product of very technical support systems on board the devices, as well as a communications system that connects the vehicles to the remote pilots.

That brings in another level of downstream tech and comms companies from chips to satellite GPS and laser communications in space comms constellations. More on them later.