Artificial Intelligence (AI) In Aviation Market Growth, Research Forecast With Airbus, Microsoft, Xilinx, GE, IBM, Boeing, Thales, Pilot AI, NVIDIA, Northrop Grumman, Amazon Web Service, Intel Corporation, Garmin International

An analytical view of business aspects like drivers and restraints, global opportunities to scale up business. Regional performance and demanding structure for market is included in this artificial intelligence in aviation report. It also offers holistic view of the market and offers an accurate understanding of the competitive landscape. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the artificial intelligence in aviation market.

The main objective of the artificial intelligence in aviation report is to study and forecast the market size of the block chain technology in the global market. This report defines, describes and forecast the market from 2019 to 2026. Additionally, the report shall also incorporate available opportunities in micro artificial intelligence in aviation markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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Artificial intelligence in aviation market is expected to reach USD 2209.03 million by 2025, growing at a CAGR of 45.4% during the forecast period of 2019 to 2025. The report includes market shares of artificial intelligence in aviation market for global, Europe, North America, Asia Pacific and South America.

Artificial intelligence has various advantages in aviation industry, such as visual perception, speech recognition, decision-making and translation between languages for communication. It also includes advanced techniques of artificial intelligence which are used in reasoning, planning, learning, statistical analysis and computation. Artificial intelligence in aviation is well equipped or managed. Airline Passenger Experience Association (APEX) says, in the next three years more than half of the airlines prefer artificial intelligence (AI) programs and it would increase the rate of conversation from 40% to 50%. Some of the major players operating in the global market are

Intel

NVIDIA

IBM

Micron

Samsung

Xilinx

Amazon

Microsoft,

Airbus S.A.S.

Boeing

Thales

Lockheed Martin

Garmin

GE

IRIS Automation

Kittyhawk

Neurala

Northrop Grumman

Pilot AI Labs among others

Major Market Drivers and Restraints:

Use of big data in aerospace industry

Significant increase in capital investments by aviation companies

Rising adoption of cloud-based applications and services in aviation industry

Increasing adoption of AI to improve customer services

Limited number of experts in AI

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Segmentation:

The global artificial intelligence in aviation market is segmented based on

Offerings

Technology

Application

Geographical Segments

Based on offerings, the market is segmented into

Hardware

Software

Service

On the basis of equipment, the market segmented into

Machine learning

Context awareness

Nlp

Computer vision

On the basis of application, the market segmented into

Virtual assistants

Smart maintenance

By Geography

North America (U.S., Canada, Mexico)

South America (Brazil, Argentina, Rest of South America)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)

Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)

Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)

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