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AI In Aviation Market Research Report - Global Forecast to 2023
AI In Aviation Market
Research Report - Global
Forecast to 2023
2. P a g e | 2 Copyright © 2017 Market Research Future.
AI In Aviation Market Research Report - Global Forecast to 2023
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PRESS RELEASE
SAMPLE REPORT
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AI In Aviation Market Research Report - Global Forecast to 2023
Summary:
AI In Aviation Market Research Report by Type (Hardware, Software, Services), Equipment (Autocollimator,
Measuring Microscope, Profile Projector, and Others), Technology (Machine Learning, Natural Language
Processing, Computer Vision, and Others), Application (surveillance, virtual assistance, flight operations, smart
logistics, and Others), and Region–Global Forecast to 2023
Market Overview:
Increasing demand for automation in various industrial sectors and rapid technological advancement are leading to
the development of artificial intelligence technology and widening its application area. According to the report
published by Market Research Future (MRFR), the global AI in aviation market is marked to expand strikingly at a
CAGR of 46.83% during the forecast period of 2017-2023 and reach the valuation of USD 1014.81 Mn by the end
of the assessment period from USD 113.29 Mn in the year 2017. Rise in demand for process optimization and
performance improvement through machine learning along with the utilization of big data in aviation industry are
resulting in the remarkable growth of the global AI in aviation market during the forecast period.
Segmentation:
The global AI in aviation market has been segmented on the basis of type, equipment, technology and application.
based on type, the AI in aviation market has been segmented into hardware, software and services. The hardware
segment has been sub-segmented into processors, memory and network. The software segment has been sub-
segmented into AI platform and AI solution. The services segment has been sub-segmented into integration &
development and support & maintenance. Among these, the software segment commands for the maximum share
in the global AI in aviation market.
Based on equipment, AI Applications In Aviation Market has been segmented into autocollimator, measuring
microscope, profile projector, optical digitizers & scanners (ODS), co-ordinate measuring machine (CMM) and
vision measuring machine (VMM). Among these, the co-ordinate measuring machine (CMM) segment command
for the largest share in the global AI in aviation market.
Based on technology, the AI in aviation market has been segmented into machine learning, natural language
processing, context awareness computing and computer vision. The machine learning segment commands for the
major share in the global AI in aviation market and has been sub-segmented into deep learning, supervised
learning, unsupervised learning, semi-supervised learning and reinforcement learning.
Based on application, the AI in aviation market has been segmented into surveillance, virtual assistance, flight
operations, smart logistics, smart maintenance, training, dynamic pricing, manufacturing and others. The
manufacturing segment has been sub-segmented into material movement, inspection & predictive maintenance,
production planning, quality control and waste reclamation. The virtual assistance segment commands for the
major share in the global AI in aviation market.
4. P a g e | 4 Copyright © 2017 Market Research Future.
AI In Aviation Market Research Report - Global Forecast to 2023
Regional Analysis:
Geographically, the global AI in aviation market has been segmented into four major regions such as Europe,
North America, Asia Pacific and the rest of the world. The North America region is dominating the global AI in
aviation market owing to the rapid expansion of aviation industry, easy adoption of technologically advanced
solutions in various industrial sectors and current developments in the artificial intelligence technology in this
region. The Europe region is projecting significant growth in the global AI in aviation market owing to the
increased research and development in the field of artificial intelligence technology in this region. The AI in
aviation market in the Asia Pacific region is expanding at the fastest growth rate owing to the increased investment
for the development of aviation industry in this region. Lack of penetration of advanced technology and poor
economic conditions are restraining the growth of the AI in aviation market in the Middle East and Africa region.
Competitive Dashboard:
The leading players profiled by MRFR that are operating in the global AI in aviation market are Intel Corporation,
Garmin Ltd., IBM Corporation, IRIS Automation, Airbus SE, Boeing, General Electric, Samsung Electronics,
Amazon, Microsoft Corporation, NVIDIA Corporation, Neurala Inc., Micron Technology, Xilinx, Thales S.A.,
Lockheed Martin Corporation, Northrop Grumman Corporation, Pilot AI Labs, Innovative Binaries, Cognitive
Code and Searidge Technologies.
5. P a g e | 5 Copyright © 2017 Market Research Future.
AI In Aviation Market Research Report - Global Forecast to 2023
AdorPix LLC (US), and ProDPI (US).