Press release
Artificial Intelligence and Robotics in Aerospace and Defense: A Market Poised for Explosive Growth through 2025
The booming adoption of artificial intelligence and robotics is set to reshape the aerospace and defense industries, with market size forecasted to grow from $24.39 billion in 2024 to $40.2 billion in 2029.What Is The Projected Market Size Of The Global Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025 And Its Growth Rate?
• The market size for artificial intelligence and robotics in aerospace and defense has experienced rapid growth in recent years.
• The market is projected to grow from $24.39 billion in 2024 to $27.02 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.8%.
• This growth in the historical period can be attributed to automation for efficiency, enhanced situational awareness, military modernization programs, global security concerns, and cost reduction.
• The market is expected to continue its upward trajectory, reaching $40.2 billion in 2029 with a CAGR of 10.4%.
• Key factors driving the forecast period growth include autonomous systems integration, adoption of AI in maintenance, customization and flexibility, swarm intelligence, along with advanced surveillance and reconnaissance.
What Is Driving The Growth In The Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025?
Increasing defense expenditure significantly propels the growth of artificial intelligence and robotics in the aerospace and defense market. Defense expenditure definition includes the total financial resources that governments dedicate to fund military forces, defense-related activities, and national security initiatives. Advancing AI and robotics capabilities within the defense and aerospace sectors enhances military capabilities, operational efficiency, and contributes to national security. According to the Stockholm International Peace Research Institute, in April 2023, global military expenditure rose by 3.7% in real terms in 2022, reaching a record high of $2,240 billion. Therefore, escalating defense expenditure is driving artificial intelligence and robotics market growth in aerospace and defense.
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Who Are the Key Players Driving Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025 Growth?
• Microsoft Corporation
• Raytheon Technologies Corporation
• Boeing Company
• Lockheed Martin Corporation
• Intel Corporation
• Airbus SE
• IBM Corporation
• ThyssenKrupp
• General Dynamics Corporation
• Northrop Grumman Corporation
• Honeywell International Inc.
• Nvidia Corporation
• BAE Systems
• Thales Group
• Rolls-Royce
• Leidos
• Elbit Systems
• Israel Aerospace Industries
• T-Systems International GmbH
• Safran
• Indra Sistemas SA
• QinetiQ
• SITA
• Spark Cognition
• GE Aviation
• Iris Automation Inc.
What Are The Key Trends In The Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025?
• International collaboration
• Advanced drone technologies
• AI in cybersecurity
• Human-robot collaboration
• Rapid technological advancements
What Are The Segments Of The Global Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025?
• By Type: Hardware, Software, Services
• By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Intelligent Virtual Agent(VA) Or Virtual Agents, Other Technologies
• By Application: Military, Commercial Aviation, Space
Which Region Leads The Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025?
North America was the largest region in the artificial intelligence and robotics in aerospace and defense market in 2024. However, Asia-Pacific is anticipated to be the fastest-growing region in the forecast period. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Artificial Intelligence And Robotics In Aerospace and Defense Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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