The global market for artificial intelligence and robotics in the aerospace and defense market was valued at 18.8 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 7.9% over the course of the forecast period. The market is expanding because to rising demand for more autonomy in the aerospace and defense industries. AI makes it possible for the defense and aerospace industries to operate more effectively and with less human involvement.

The AI-powered surveillance system improves situational awareness and security protocols by providing real-time monitoring and threat detection. Increased focus on unmanned vehicles and autonomous systems is probably going to spur more advancements and funding in the field.

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Growth Drivers

Governments throughout the globe are expanding their defense modernization resources, particularly in the areas of artificial intelligence and autonomous systems. These days, there is a growing need to improve soldier-machine interface, and artificial intelligence is greatly facilitating this. It is essential to improve soldiers' efficiency and safety on the battlefield, and AI is doing this pretty successfully.

In contrast, robotics is employed for activities such as mine clearance and bomb disposal. The necessity of the hour is the growing desire to ensure data integrity by eliminating the cybersecurity danger. Compared to older systems, AI is doing it more efficiently. AI predicts the need for equipment repair through predictive maintenance and aids in real-time threat monitoring.

Segmentation

Offering Outlook (Revenue, USD Million, 2018 - 2030)

·         Hardware

o   Processors

o   Memory Devices

o   Network Devices

·         Software

o   AI Solutions

o   AI Platforms

·         Services

o   Deployment & Integration

o   Support & Maintenance

Deployment Type Outlook (Revenue, USD Million, 2018 - 2030)

·         Cloud-based

·         On-premises

Platform Outlook (Revenue, USD Million, 2018 - 2030)

·         Land

·         Naval

·         Airborne

·         Space

Technology Outlook (Revenue, USD Million, 2018 - 2030)

·         Machine Learning

·         Natural Language Processing (NLP)

·         Computer Vision

·         Context-Aware Computing

·         Robotics

·         Big Data Analytics

Application Outlook (Revenue, USD Million, 2018 - 2030)

·         Predictive Maintenance

·         Surveillance & Monitoring

·         Mission Systems

·         Cybersecurity

·         Data Analytics

·         Autonomous Systems

·         Navigation & Guidance Systems

·         Others

End-use Outlook (Revenue, USD Million, 2018 - 2030)

·         Commercial

·         Government & Law Enforcement

By Region

·         Asia-Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Key Players

·         Deutsche Telekom AG

·         General Electric Co.

·         Honeywell International Inc.

·         Indra Sistemas SA

·         Infosys Ltd.

·         Intel Corporation

·         International Business Machines Corporation

·         Iris Automation Inc.

·         Lockheed Martin Corporation

·         Microsoft Corporation

·         Northrop Grumman Corporation

·         NVIDIA Corporation

·         Raytheon Technologies Corporation

·         Spark Cognition Inc.

·         Thales Group

·         Other Players

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