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Artificial Intelligence and Robotics in Aerospace and Defense Market Overview
The market overview of the Artificial Intelligence and Robotics in Aerospace and Defense Market industry reveals a comprehensive analysis of its intricate dynamics. The report presents global, regional, and national market revenue forecasts, emphasizing segment and region-wise sales projections. Notably, the report highlights the intense rivalry within the industry, making it a must-read for industry players seeking to stay ahead of the competition.
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Artificial Intelligence and Robotics in Aerospace and Defense market size reached USD 18.97 Bn in 2022 and is expected to reach USD 34.60 Bn by 2029, growing at a CAGR of 7.8 % during the forecast period.
Artificial Intelligence and Robotics in Aerospace and Defense Market Report Scope and Research Methodology
The report has analysed the Artificial Intelligence and Robotics in Aerospace and Defense Market based on various factors such as region, revenue, financial status, portfolio, technological advancement, and mergers and acquisitions. The analysis has focused on both new entrants and existing players in the market to provide a comprehensive view of growth prospects and future business outlooks. The report's goal is to act as a guide for stakeholders, investors, market players, followers, and new entrants by providing an overall view of the Artificial Intelligence and Robotics in Aerospace and Defense market to formulate investment approaches and marketing tactics.
The report has used a bottom-up approach to estimate the Artificial Intelligence and Robotics in Aerospace and Defense market size. This approach involves starting with specific data points and aggregating them to arrive at an overall market estimate. This method is useful when there is limited data available or when the market is highly fragmented. Overall, the methodology used in the report seems robust and comprehensive, providing valuable insights into the Artificial Intelligence and Robotics in Aerospace and Defense market
Artificial Intelligence and Robotics in Aerospace and Defense Market Regional Insights
The report provides an extensive analysis of the factors that drive growth, constraints, potential future opportunities, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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Artificial Intelligence and Robotics in Aerospace and Defense Market Segmentation
According to the Offering, the software sector's 46.1% revenue share was the highest in 2022. The relevance of AI software in creating IT infrastructure and preventing security breaches might be related to the segment's growth. Unique AI software and related software development tools are produced by the expanding technical progress of artificial intelligence, which is anticipated to accelerate.
According to the Application, using AI in defence enhances computational military reasoning for ISR (intelligence, surveillance, and reconnaissance) missions. Less military casualties come from the safe management of equipment and the control of autonomous weapon systems made possible by computer vision.
Artificial Intelligence and Robotics in Aerospace and Defense Market Key Players
• Airbus SE
• IBM Corporation
• The Boeing Comapny
• Nvidia Corporation
• GE Aviation
• Thales Group
• Lockheed Martin Corporation
• Intel Corporation
• Iris Automation Inc.
• SITA
• Raytheon Technologies Corporation
• General Dynamics Corporation
• Northrop Grumman Corporation
• Microsoft
• Spark Cognition
• Honeywell International Inc.
• Indra Sistemas SA
• T-Systems International GmbH
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| By | geeta |
| Added | Jun 1 '23 |
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