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The report "Artificial Intelligence in Aviation Market by Offering (Hardware, Software, Service), Technology (Machine Learning, Context Awareness, NLP, Computer Vision), Application (Virtual Assistants, Smart Maintenance), and Geography - Global Forecast to 2025", is expected to be valued at USD 152.4 Million in 2018 and is likely to reach USD 2,222.5 Million by 2025, at a CAGR of 46.65% during the forecast period.
The major factors driving the growth of the AI in aviation market include the use of big data in the aerospace industry, significant increase in capital investments by aviation companies, and rising adoption of cloud-based applications and services in the aviation industry.
Browse 66 tables and 52 figures spread through 165 pages and in-depth TOC on "Artificial Intelligence in Aviation Market - Global Forecast to 2025" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=106037016Early buyers will receive 10% customization on reports.
AI systems require highly effective and efficient hardware to display intelligent capabilities similar to the human brain.
For example, in September 2017, Aerialtronics DV B.V. (Netherlands), Neurala (US), and NVIDIA (US) collectively developed an AI-based drone for flight inspections.
North America to hold the largest share of the overall AI in aviation market by 2025 Virtual assistance, smart maintenance, manufacturing, and surveillance are some of the major application areas for AI in the aviation sector in North America.