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The artificial intelligence in aviation market is forecasted to grow by USD 11.69 billion during 2023-2028, accelerating at a CAGR of 65.25% during the forecast period. The report on the artificial intelligence in aviation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of AI for quicker check-in and baggage screening in aviation industry, growing focus on operational efficiency enhancement in aviation industry, and shifting focus towards enhancing passenger experience.
The artificial intelligence in aviation market is segmented as below:
By Component
- Software
- Hardware
- Service
By Application
- Airline and airport operations
- Manufacturing and MRO activities
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the artificial intelligence in aviation market covers the following areas:
- Artificial intelligence in aviation market sizing
- Artificial intelligence in aviation market forecast
- Artificial intelligence in aviation market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global artificial intelligence in aviation market: Advanced Micro Devices Inc., Airbus SE, Garmin Ltd., General Electric Co., Intel Corp., International Business Machines Corp., Iris Automation Inc., Lockheed Martin Corp., Microsoft Corp., MINDTITAN OU, Mphasis Ltd., Neurala Inc., Northrop Grumman Corp., NVIDIA Corp., Paladin AI, Samsung Electronics Co. Ltd., Searidge Technologies, TAV Technologies, Thales Group, and The Boeing Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing recent developments related to AI in aviation industry."
According to the report, one of the major drivers for this market is the increasing use of AI for quicker check-in and baggage screening in aviation industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advanced Micro Devices Inc.
- Airbus SE
- Garmin Ltd.
- General Electric Co.
- Intel Corp.
- International Business Machines Corp.
- Iris Automation Inc.
- Lockheed Martin Corp.
- Microsoft Corp.
- MINDTITAN OU
- Mphasis Ltd.
- Neurala Inc.
- Northrop Grumman Corp.
- NVIDIA Corp.
- Paladin AI
- Samsung Electronics Co. Ltd.
- Searidge Technologies
- TAV Technologies
- Thales Group
- The Boeing Co.
