Future of Artificial Intelligence in Modern Warfare Market with CAGR Analysis 2018 – 2023 and Global key Players – Boeing, Lockheed Martin, Airbus SAS, General Atomics, FLIR Systems, Israel Aerospace

Marketprognosis.com Publish a New Market Research Report On “Global Artificial Intelligence in Modern Warfare Market - Growth, Trends and Forecasts (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Artificial Intelligence in Modern Warfare Market:

The Global Artificial Intelligence in Modern Warfare Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2018 to 2023.

Over the past decade, with advancements in software and semiconductor technologies and Artificial Intelligence (AI) have had a disruptive effect on the defense sector, thus enhancing the capabilities of defense equipment at a significant pace. The emergence of extremist organizations across the globe, such as ISIS, has led to an increased emphasis on the use of technology, in the fields of counter terrorism and defense activities. Through continued experiments and studies, automated vehicles have been identified to act as force multipliers. With continual advancements in AI, the same output is being realized using fewer equipment and warfighters. In addition, the replacement of human soldiers by unmanned AI-powered machines has been one of the driving factors for the increasing adoption of AI in modern warfare.

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The US military, under the Trump administration, is planning to integrate AI and machine learning into their military equipment. This integration of advanced technologies helps the military turn massive volumes of data into intelligence and insights and enable the military to formulate strategies. The US military is planning to test a new system prototype by mid-2019, which includes underwater drones and unmanned army trucks. This trend of AI-powered automated vehicles is expected to continue, as the country is making steady attempts to pursue various forms of automation that reduce human-generated costs over time. In addition, the US military is also making concentrated attempts to strengthen its drone sector.

The Department of Defense, has requested approximately USD 6.97 Billion for the fiscal year 2018, for drone procurement, research and development, and system-specific construction. This is the highest requested budget over the past five years, and USD 3.3 Billion more than previously predicted. The drone spending in PB18 is expected to be 21% greater than the enacted 2017 drone budget. The above-mentioned trends indicate the extent of emphasis the US military places on enhancing its UAV's division, and the attempts it is making to integrate AI into modern warfare, thus driving the market's growth in this region.

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Major Key Players:

1 The Boeing Company

2 Lockheed Martin Corporation

3 Airbus SAS

4 Rafael Advanced Defense Systems Limited

5 General Atomics Corporation

6 FLIR Systems Inc.

7 Science Applications International Corporation

8 Israel Aerospace Industries

9 General Dynamics Corporation

10 Oculus Systems Ltd and More………………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Artificial Intelligence in Modern Warfare Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Technology Snapshot

6 Global Artificial Intelligence in Modern Warfare Market - Segmentation

7 Competitive Intelligence - Company Profiles

8 Outlook of the Global Artificial Intelligence in Modern Warfare Market

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