Thoroughly Professional Report on Artificial Intelligence In Aviation Market Grow at a CAGR of +50% Including Trends 2026, key Players: Intel , NVIDIA , IBM , Micron , Samsung , Xilinx , Amazon , Microsoft , Airbus , Boeing , General Electric , Thales , Lockheed Martin , and Garmin
Houston, TX -- (SBWIRE) -- 03/12/2019 -- Intelligence, Technology Applications and Geography - Artificial Intelligence in The Aviation Market through Global Forecasts to 2026 Estimated at USD 152.4 million a year and expected to average +50% per Annam for the Forecast period, to $ 222.25 million by 2026. Major factors driving the growth of AI in the aviation market include the use of Big Data in the aerospace industry, A significant increase in capital investment by airlines
Some of the key players operating in the AI in aviation market are Intel (US), NVIDIA (US), IBM (US), Micron (US), Samsung (South Korea), Xilinx (US), Amazon (US), Microsoft (US), Airbus (France), Boeing (US), General Electric (US), Thales (France), Lockheed Martin (US), and Garmin (US).
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The report aims to forecast the market size and future growth potential of AI in the aviation market based on delivery, technology, application and geographical areas. It aims to identify key market trends and factors that drive or inhibit the growth of AI in the aviation market and its various sub-markets. The report also analyzes AI's high-growth segments in the aviation market, strategically analyzes key market participants, and analyzes opportunities in the stakeholder market by analyzing the market size and core competencies of each segment.
Who should read this Report:
The intended audience for this report includes:
- Semiconductor companies
- Technology providers
- Universities and research organizations
- System integrators
- AI solution providers
- AI platform providers
By Offering:
- Hardware
- Software
- Services
By Technology:
- Machine Learning
- Natural Language Processing
- Context Awareness Computing
- Computer Vision
By Application:
- Virtual Assistants
- Smart Maintenance
- Manufacturing
- Training
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With the increasing adoption of cloud-based applications in the aeronautical artificial intelligence field, virtual assistants in the aircraft sector, training of educational applications and adoption of NLP technology, increased investment in airline and PE investors. Limited number of experts in the artificial intelligence industry are limiting the growth of AI in the aviation market.
Airline categorizes information and provides pilots with the best operating options that humans can not perform. The ability to collect information by analysis, processing, and response. Some of the market drivers referred to and included by decision makers are: - Virtual assistant extends the adoption of machine learning and NLP technology for educational applications
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