
Report ID: SQMIG20N2041
Skyquest Technology's expert advisors have carried out comprehensive research on the artificial intelligence in aviation market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.
Growing Need for Operational Effectiveness
Increase in Air Travel and Passenger Counts
Privacy and Data Security Issues
Regulatory and Ethical Challenges
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Global Artificial Intelligence in Aviation Market size was valued at USD 1534.91 Million in 2023 and is poised to grow from USD 2074.86 Million in 2024 to USD 22,845.24 Million by 2032, growing at a CAGR of 35.38% in the forecast period (2025-2032).
Key vendors in Artificial Intelligence in Aviation Market are : 'IBM Corporation', 'Microsoft Corporation', 'Intel Corporation', 'Airbus SE', 'The Boeing Company', 'Amazon Web Services (AWS)', 'General Electric (GE)', 'SITA', 'Thales Group', 'Lockheed Martin Corporation', 'Garmin Ltd.', 'Collins Aerospace', 'Neurala, Inc.', 'Palantir Technologies Inc.', 'SAP SE'
The aviation industry is using AI to enhance operational efficiency by automating complex processes such as flight scheduling, route optimization, and predictive maintenance. AI enables the analysis of data in real time that accelerates decision-making while reducing costs. AI adoption is a strategic move towards maintaining competitiveness in an increasingly competitive aviation market because these technologies aid airlines in effectively managing resources, reducing downtime, and answering industry challenges.
AI and IoT integration: By allowing real-time monitoring of aircraft equipment, baggage management, and passenger services, the confluence of AI and IoT is completely transforming the aviation industry. AI analyzes the data captured by IoT sensors to predict maintenance needs, optimize fuel consumption, and enhance efficiency overall. This connection opens the door for a totally integrated aviation ecosystem by enhancing operational accuracy, minimizing disruptions, and promoting the development of automated systems and smart airports.
The artificial intelligence in aviation market was dominated by North America. The North American market has grown with the increase in well-established air transport infrastructure in the region along with the increased expenditure in adopting leading edge digital and innovative technologies. Significant expenses in the deployment of AI technology at airports and airplanes will be incurred in this region because of the demand of air travel and increasing number of air passengers. Foreign flights into the US and Canada are also on the rise because of global business. North America was also one of the early regions to use AI-based technology in the aviation industry.
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Report ID: SQMIG20N2041
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