PUBLISHER: TechNavio | PRODUCT CODE: 1915635
PUBLISHER: TechNavio | PRODUCT CODE: 1915635
The global AI in aerospace and defense industry market is forecasted to grow by USD 47019.8 mn during 2024-2029, accelerating at a CAGR of 22.4% during the forecast period. The report on the global AI in aerospace and defense industry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
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 strategic imperative for military modernization and technological superiority, demand for enhanced operational efficiency safety and cost reduction in commercial aviation, proliferation of data and advancements in AI and machine learning algorithms.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 19.8% |
| CAGR | 22.4% |
| Incremental Value | $47019.8 mn |
Technavio's global AI in aerospace and defense industry market is segmented as below:
By Type
By Application
By End-User
Geography
This study identifies the proliferation of generative artificial intelligence and foundation models as one of the prime reasons driving the global AI in aerospace and defense industry market growth during the next few years. Also, strategic shift towards human-machine teaming and collaborative combat and technological acceleration of artificial intelligence at edge will lead to sizable demand in the market.
The report on the global AI in aerospace and defense industry market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global AI in aerospace and defense industry market vendors that include Anduril Industries Inc., BAE Systems Plc, Epirus Inc., Firestorm Solutions LLC, General Dynamics Corp., Helsing GmbH, Kratos Defense and Security Solutions Inc., L3Harris Technologies Inc., Leidos Holdings Inc., Lockheed Martin Corp., Northrop Grumman Corp., Palantir Technologies Inc., Rebellion Defense Inc., RTX Corp., Science Applications International Corp. Inc, Shield AI, The Boeing Co.. Also, the global AI in aerospace and defense industry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher 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.