Artificial Intelligence And Robotics In Aerospace and Defense Market Anticipated To Witness Robust Growth, Surpassing $40.2 Billion By 2029

The Artificial Intelligence And Robotics In Aerospace and Defense Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Artificial Intelligence And Robotics In Aerospace and Defense Market Size and Its Estimated Growth Rate?
The market size for artificial intelligence and robotics in the aerospace and defense sectors has seen a significant increase in the recent past. The projection estimates it to rise from $24.39 billion in 2024 to $27.02 billion in 2025 with a compound annual growth rate (CAGR) of 10.8%. Factors such as the adoption of automation for better efficiency, improved situational awareness, modernization programs in the military, worldwide security issues, and cost-cutting goals are responsible for this growth in the historical period.

The market size of artificial intelligence and robotics in the aerospace and defense sector is predicted to experience swift expansion over the approaching years. It's projected to reach a value of $40.2 billion by 2029, with a compound annual growth rate (CAGR) of 10.4%. The increase during the forecast period could be accredited to elements like autonomous systems integration, AI application in maintenance, customization and flexibility, swarm intelligence, and sophisticated surveillance and reconnaissance. During this forecast period, facets to watch for include international collaborations, evolving drone technologies, the role of AI in cybersecurity, the alliance of humans and robots, and quick technological improvements.

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How Are Emerging Segments Shaping the Artificial Intelligence And Robotics In Aerospace and Defense Market Landscape?
The artificial intelligence and robotics in aerospace and defense market covered in this report is segmented -

1) By Type: Hardware, Software, Services
2) By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Intelligent Virtual Agent (IVA) Or Virtual Agents, Other Technologies
3) By Application: Military, Commercial Aviation, Space

Subsegments:
1) By Hardware: Robotics Systems, Sensors And Actuators, Embedded Systems
2) By Software: AI Algorithms For Flight Operations, Simulation And Modeling Software, Autonomous Navigation Software
3) By Services: Consulting And Integration Services, Maintenance And Support Services, Training And Simulation Services

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Which Growth Factors Are Influencing Artificial Intelligence And Robotics In Aerospace and Defense Market Expansion?
The growth of artificial intelligence and robotics in the aerospace and defense market is likely to be driven by surging defense expenses. Defense expenditure, which comprises the funding allocated by governments to their military forces, defense-related activities, and national security initiatives, plays a significant role in advancing AI and robotics within the defense and aerospace sectors. It enhances military capabilities, optimizes operational efficiency, and aids national security. As an example, in April 2023, world military expenditure as reported by the Stockholm International Peace Research Institute, an independent global security resource based in Sweden, rose by 3.7% in real terms in 2022, hitting a record $2,240 billion. Additionally, in Europe, military expenditure went up by 13% in the same year. The US also saw an increase in military spending, up by 8.8% in nominal terms between 2021 and 2022. However, due to an 8.1% inflation rate, real spending only saw an increase of 0.7% over the same period. Hence, the rising defense expenditure is fostering the growth of AI and robotics in the aerospace and defense market.

Who Are the Dominant Players Across Different Artificial Intelligence And Robotics In Aerospace and Defense Market Segments?
Major companies operating in the artificial intelligence and robotics in aerospace and defense market report are 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 Latest Developing Trends in the Artificial Intelligence And Robotics In Aerospace and Defense Market?
The primary focus of the leading corporations specializing in the aerospace and defense sectors of artificial intelligence and robotics are centered around creating enhanced defence solutions like robots powered by AI. These solutions aim to uplift overall operational efficiency, aid in better decision-making, and boost security features. AI-empowered robots are self-directed machines loaded with artificial intelligence, capable of executing intricate assignments, formulating decisions, and adapting to fluctuating surroundings with zero human mediation. For example, Zen Technologies, an Indian establishment that produces counter-drone solutions and defense training infrastructures, launched Prahasta in July 2024. This quadruped robot, driven by AI, is specifically built for real-time three-dimensional mapping. Prahasta is a self-reliant robot that employs LiDAR (light detection and ranging) and reinforcement learning to fabricate real-time 3D topography maps, thus facilitating sophisticated mission planning, navigation, and threat analysis. Alongside, the Hawkeye anti-drone system camera, the Barbarik-URCWS remote-controlled weapon station, and the Sthir Stab 640 - a robust, stabilized sight mainly used on armored vehicles, infantry fighting vehicles (IFVs), and boats were also launched.

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Which Geographic Regions Are Expected to Dominate the Artificial Intelligence And Robotics In Aerospace and Defense Market in the Coming Years?
North America was the largest region in the artificial intelligence and robotics in aerospace and defense market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence and robotics in aerospace and defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence And Robotics In Aerospace and Defense Market?
2. What is the CAGR expected in the Artificial Intelligence And Robotics In Aerospace and Defense Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence And Robotics In Aerospace and Defense Industry?
4. Which Region Is Leading the Artificial Intelligence And Robotics In Aerospace and Defense Market?

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