The base year considered for the study is 2017, and the forecast period is between 2018 and 2025. The major factors driving the growth of the AI in aviation market include the use of big data in the aerospace industry, significant increase in capital investments by aviation companies, and rising adoption of cloud-based applications and services in the aviation industry.
The report aims at forecasting the market size and future growth potential of the AI in aviation market on the basis of offering, technology, application, and geographic region. It aims at identifying the major market trends and factors driving or restraining the growth of the AI in aviation market and its various submarkets. Furthermore, the report analyzes opportunities in the market for stakeholders by identifying the high-growth segments of the AI in aviation market, strategically profiles key market players, and comprehensively analyzes their market size and core competencies in each segment.
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Market Top Player’s
“This report studies the global Artificial Intelligence in Aviation market, analyzes and researches the Artificial Intelligence in Aviation development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Airbus,Amazon,Boeing,Garmin,GE,IBM,Intel,IRIS Automation,Kittyhawk,Lockheed Martin, Micron, Microsoft, Neurala,Northrop Grumman,Nvidia,Pilot AI Labs,Samsung Electronics,Thales,Xilinx
Machine learning to hold the largest share of the AI in aviation market in 2018. Machine learning enables systems to automatically improve their performance with experience. This technology holds a major share of the AI in aviation market owing to its ability to collect and handle big data, along with its increased ability to perform previously impossible calculations.
AI in aviation market for hardware to grow at a high rate between 2018 and 2025.The growth of the market for hardware can be attributed to the increasing need for hardware platforms with high computing power to run various machine learning algorithms both on servers and on devices. AI systems require highly effective and efficient hardware to display intelligent capabilities similar to the human brain.
AI in aviation market for surveillance to grow at a high rate between 2018 and 2025.The growth of the market for surveillance applications can be attributed to the ongoing developments in the field of AI-enabled drone surveillance, specifically designed for inspection purposes in the aviation industry. For example, in September 2017, Aerialtronics DV B.V. (Netherlands), Neurala (US), and NVIDIA (US) collectively developed an AI-based drone for flight inspections. Such product launches and developments are expected to drive the growth of the AI in aviation market for surveillance applications.
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Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
Market segment by Type, the product can be split into
Market segment by Application, Artificial Intelligence in Aviation can be split into
- Virtual Assistants
- Smart Maintenance
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