AI in Aviation: Market Forecast and Strategic Insights for Industry Players

The artificial intelligence in aviation market was estimated at USD 1.13 billion in 2022 and is likely to grow at a CAGR of 27.2% during 2023-2029 to reach USD 6.08 billion in 2029.

Artificial Intelligence (AI) is being increasingly used in the aviation industry to improve safety, efficiency, and passenger experience. Artificial intelligence algorithms can assist pilots with tasks such as flight planning, navigation, and weather monitoring, improving the accuracy of decision-making and reducing the risk of accidents. Artificial intelligence can also optimize aircraft performance, reducing fuel consumption and emissions.