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Intelligent Automation in Aerospace & Defense Market is set to grow US$41.85 Billion by 2030: Visiongain Research Inc

·4-min read

Intelligent Automation in Aerospace & Defence Market is Driven by adoption of emerging technologies such as robotic process automation, machine learning, cognitive analysis, artificial intelligence and predictive technology and is set to grow toUS$41.85billion by 2030”.

Download Exclusive Sample of Report @ https://www.visiongain.com/report/intelligent-automation-in-aerospace-defence-market-report-2020-2030/#download_sampe_div

This report evaluates the current levels of global expenditure invested in the Intelligent Automation in Aerospace & Defence market. In the next decade, the Intelligent Automation in Aerospace & Defence market will register strong growth. Visiongain forecasts that between 2020 to 2030, the aerospace and defence industry will change drastically owing to the introduction of new technologies coupled with artificial intelligence and machine learning.

Visiongain anticipates the Intelligent Automation in Aerospace & Defence market was worth $860.3 million in 2020. Owing to the advancements in technologies such as natural language processing and cognitive analysis the intelligent automation in aerospace & defence market is expected to grow further in the coming years. Companies are also investing in the research and development to design and develop new products that can gather real time information and send it back to the manufacturers to analyze it.

The Intelligent Automation in Aerospace & Defence market is segmented on the basis of component and application and these segments are further divided. Component is categorized into hardware, software and services. Based on application the market is classified into military, commercial aviation and space. This report then profiles the most significant companies operating within the global Intelligent Automation in Aerospace & Defence market in order to give a deeper understanding of its current atmosphere.

By component, hardware segment dominated the overall market owing to the factors such as increased graphic card speed and better performance of the processors. The chips are usually designed and focused on novel dataflow architectures, low-precision arithmetic and in-memory computing capability. On the other hand, services segment is expected to grow at a strong rate owing to the increasing adoption and implementation of artificial intelligence across aerospace & defence industry.

Get Detailed TOC @ https://www.visiongain.com/report/intelligent-automation-in-aerospace-defence-market-report-2020-2030/#download_sampe_div

By region, Asia Pacific dominated the overall market for intelligent automation in aerospace & defence with China dominating the overall region. China is leading its way in the implementation of intelligence automation application in military, commercial aviation and space industry. For instance, Most of China's airports intends to secure biometric technology tokens for all points of contact by 2022. They also commit themselves to the full-scale implementation of self-serve boarding gates using biometric authentication.

The intelligent automation in aerospace & defence industry is fragmented in nature. There are some established players involved in the development of the market from both information technology and aerospace & defence industry. Some of the major players analyzed in the report are Microsoft Corporation, IBM Corporation, Airbus Group SE, The Boeing Company, Thales SA, Lockheed Martin Corporation, Intel Corporation, NVIDIA, Micron, Samsung, Xilinx, Amazon, General Electric, Garmin, SITA and Iris Automation Inc.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

To access the data contained in this document please email contactus@visiongain.com

Information found nowhere else
with our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Intelligent Automation in Aerospace market and leading companies. You will find data, trends and predictions.

Find more Visiongain research reports on Defense Electronics Sector; click on the following links:

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: catherine.walker@visiongain.com

About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports means that you can have a bespoke piece of market intelligence customized to your very own business needs.

Contact:

Catherine Walker
PR at Visiongain Inc.
Tel: + 44 0207 336 6100
USA Tel: + 1 718 682 4567
EU Tel: + 353 1 695 0006
Toll Free: 00-1-646-396-5129
Email: catherine.walker@visiongain.com
Web: https://www.visiongain.com
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SOURCE Visiongain Limited.


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