The aerospace industry is experiencing a profound transformation driven by artificial intelligence (AI), with advancements in AI technologies opening new avenues for innovation, efficiency, and safety. The global AI in aerospace market is projected to see significant growth from 2024 to 2030, as AI technologies are increasingly integrated into aerospace operations, from autonomous flight systems to predictive maintenance. This article reviews the top 10 industry reports on AI in aerospace, focusing on market size, forecasts, and trends across the UK, Europe, Asia, and India.
1. MarketsandMarkets Report on AI in Aerospace
MarketsandMarkets provides an in-depth analysis of the AI in aerospace market, projecting a substantial growth trajectory from 2024 to 2030. According to their report, the global AI in aerospace market is expected to reach USD 22 billion by 2030, growing at a compound annual growth rate (CAGR) of 24% (MarketsandMarkets). This growth is primarily driven by the increasing adoption of AI technologies in aviation safety, air traffic management, and predictive maintenance.
In the UK, the report highlights significant investments in AI-driven aerospace technologies. The UK government, in collaboration with industry stakeholders, has launched several initiatives aimed at enhancing AI capabilities in aerospace, such as the Aerospace Technology Institute (ATI) program (UK Government). These initiatives are expected to propel the growth of AI in the UK aerospace market over the forecast period.
In Europe, the report identifies a growing emphasis on AI-powered autonomous systems and cybersecurity. The European Union’s Horizon Europe program is funding numerous projects focused on AI applications in aerospace, which is expected to drive market growth across the continent (European Commission). The presence of major aerospace companies such as Airbus and Thales, which are investing heavily in AI research and development, further supports this trend.
2. ResearchAndMarkets Report on European AI in Aerospace
ResearchAndMarkets offers a detailed analysis of the AI in aerospace market in Europe, forecasting that the market will grow from USD 3.5 billion in 2024 to USD 8 billion by 2030, with a CAGR of 20% (ResearchAndMarkets). This report underscores the pivotal role of AI in advancing the aerospace industry in Europe, particularly in areas such as flight operations, air traffic control, and aircraft maintenance.
The report highlights that AI adoption in Europe is being driven by both regulatory frameworks and industry collaboration. The European Aviation Safety Agency (EASA) is actively working on integrating AI into its safety regulations, which is expected to boost AI adoption across the aerospace sector (EASA). Moreover, the collaboration between European aerospace giants, including Rolls-Royce and Leonardo, is accelerating the development of AI-driven aerospace solutions.
Another key trend identified in the report is the rise of AI-powered drones and unmanned aerial vehicles (UAVs) in Europe. The increasing demand for UAVs in both civilian and military applications is driving significant investments in AI technologies, positioning Europe as a leader in the global AI in aerospace market (Rolls-Royce).
3. Allied Market Research Report on AI in Asian Aerospace
Allied Market Research provides insights into the AI in aerospace market in Asia, which is expected to grow significantly, reaching USD 12 billion by 2030 with a CAGR of 25% (Allied Market Research). The report highlights that Asia is rapidly emerging as a key player in the global aerospace market, with AI technologies playing a critical role in this growth.
China is identified as a major driver of market expansion in Asia, with the Chinese government’s focus on becoming a global leader in AI by 2030. The report points to China’s investments in AI-driven aerospace technologies, such as autonomous flight systems and intelligent air traffic management, which are expected to propel market growth (China State Council). Companies like COMAC and AVIC are at the forefront of this technological shift.
India is also highlighted in the report as a rapidly growing market for AI in aerospace. With its strong IT and engineering sectors, India is well-positioned to leverage AI technologies to enhance its aerospace capabilities. Government initiatives like the Digital India campaign and Make in India are fostering innovation in AI-driven aerospace solutions, contributing to the growth of the market (NITI Aayog).
4. Zinnov Report on Indian AI in Aerospace
Zinnov’s report on the Indian AI in aerospace market projects substantial growth from 2024 to 2030, estimating that the market will reach USD 4 billion by 2030, with a CAGR of 26% (Zinnov). The report emphasizes India’s strategic focus on developing AI capabilities within its aerospace sector, driven by both government support and private sector innovation.
One of the key drivers of AI adoption in Indian aerospace is the country’s burgeoning startup ecosystem. Indian startups are increasingly focusing on AI-driven aerospace technologies, developing solutions ranging from autonomous drones to AI-powered aircraft maintenance systems (Saankhya Labs). These innovations are expected to play a significant role in shaping the future of the aerospace industry in India.
The report also highlights India’s collaboration with international aerospace giants such as Boeing and Airbus. These partnerships are facilitating the transfer of technology and expertise, enabling Indian companies to integrate advanced AI technologies into their aerospace operations. This collaborative approach is expected to drive market growth over the forecast period (Boeing India).
5. Grand View Research Report on Global AI in Aerospace
Grand View Research offers a global perspective on the AI in aerospace market, forecasting that the market will reach USD 35 billion by 2030, with a CAGR of 24% (Grand View Research). The report highlights the increasing integration of AI technologies in various aerospace applications, including predictive maintenance, flight management systems, and autonomous aircraft.
In the UK, the report notes that the AI in aerospace market is being driven by strong government support and significant investments in R&D. The UK Aerospace Growth Partnership is identified as a key initiative supporting the development of AI technologies in the aerospace sector (UK Aerospace Growth Partnership). This focus on innovation is expected to contribute to the growth of the market over the next decade.
The report also emphasizes the role of AI in enhancing safety and efficiency in the aerospace industry. AI-powered predictive maintenance systems, for example, are reducing operational costs and improving aircraft reliability, which is driving their adoption across the aerospace sector. This trend is expected to be particularly significant in Europe, where regulatory frameworks are encouraging the adoption of AI-driven safety solutions (European Union Aviation Safety Agency).
6. Technavio Report on AI in Aerospace Market Dynamics
Technavio’s report provides insights into the dynamics of the AI in aerospace market, predicting significant growth globally. According to the report, the market is expected to grow at a CAGR of 25% from 2024 to 2030, driven by the increasing adoption of AI technologies across various aerospace applications (Technavio). The report identifies key market drivers, including technological advancements, regulatory support, and growing demand for AI-powered aerospace solutions.
In Asia, the report highlights the role of government initiatives in driving market growth. Countries like China and Japan are investing heavily in AI research and development, particularly in the aerospace sector. The report notes that AI-driven technologies such as autonomous flight systems and AI-powered air traffic control are expected to see widespread adoption in these countries, contributing to market expansion (Japan Ministry of Internal Affairs and Communications).
The report also underscores the competitive landscape in Europe, where major aerospace companies are leading the development and adoption of AI technologies. Companies such as Airbus and Safran are investing in AI-driven innovations to enhance their competitive edge in the global aerospace market. This trend is expected to continue, driving market growth in Europe over the forecast period (Airbus).
7. Frost & Sullivan Report on AI in Aerospace Trends
Frost & Sullivan provides an analysis of emerging trends in the AI in aerospace market, forecasting that the market will experience significant growth driven by technological advancements and increasing demand for AI-powered aerospace solutions. The report estimates that the market will reach USD 30 billion by 2030, with a CAGR of 23% (Frost & Sullivan).
The report highlights the growing importance of AI in enhancing operational efficiency and safety in the aerospace industry. In the UK, this trend is being supported by initiatives such as the Aerospace Technology Institute’s AI research programs, which aim to develop cutting-edge AI solutions for the aerospace sector (Aerospace Technology Institute). These initiatives are expected to drive market growth in the UK over the next decade.
In Europe, the report identifies a strong focus on AI-powered cybersecurity solutions in the aerospace sector. The increasing reliance on AI technologies in aerospace operations is raising concerns about cybersecurity, leading to significant investments in AI-driven security solutions. This trend is expected to play a crucial role in shaping the future of the AI in aerospace market in Europe (Leonardo).
8. IDC Report on AI in Aerospace Market Potential
IDC’s report offers insights into the potential of the AI in aerospace market, forecasting significant growth from 2024 to 2030. The report estimates that the global market will reach USD 28 billion by 2030, with a CAGR of 24% (IDC). The report emphasizes the increasing adoption of AI technologies across various aerospace applications, including autonomous flight, predictive maintenance, and air traffic management.
In Asia, the report highlights the role of major tech companies in driving market growth. Companies such as Huawei and Samsung are investing heavily in AI research and development, particularly in the aerospace sector. The report notes that these companies are developing AI-driven technologies that are expected to see widespread adoption in the region, contributing to market expansion (Huawei).
The report also underscores the importance of AI in enhancing safety and efficiency in the aerospace industry. In Europe, AI-powered predictive maintenance systems are gaining traction, as they enable aerospace companies to reduce operational costs and improve aircraft reliability. This trend is expected to be a key driver of market growth in Europe over the forecast period (European Commission).
9. BCC Research Report on AI in Aerospace Opportunities
BCC Research provides a comprehensive analysis of opportunities in the AI in aerospace market, projecting substantial growth from 2024 to 2030. The report estimates that the market will reach USD 32 billion by 2030, with a CAGR of 25% (BCC Research). The report highlights the increasing demand for AI technologies in the aerospace sector, driven by advancements in AI and growing adoption across various applications.
In the UK, the report identifies significant opportunities for AI-driven aerospace solutions, particularly in the areas of flight operations and air traffic management. The UK government’s support for AI research and development is expected to create a favorable environment for market growth (UK Government). The report also highlights the role of leading aerospace companies in driving innovation and market expansion.
In Europe, the report emphasizes the potential of AI-powered unmanned aerial vehicles (UAVs) in the aerospace sector. The increasing demand for UAVs in both civilian and military applications is driving significant investments in AI technologies, positioning Europe as a leader in the global AI in aerospace market (Airbus). This trend is expected to contribute to market growth over the next decade.
10. MarketWatch Report on AI in Aerospace Trends and Forecasts
MarketWatch offers insights into the latest trends and future projections for the AI in aerospace market, forecasting significant growth from 2024 to 2030. The report estimates that the market will reach USD 30 billion by 2030, with a CAGR of 24% (MarketWatch). The report highlights the increasing adoption of AI technologies across various aerospace applications, driven by advancements in AI and growing demand for AI-powered solutions.
In Asia, the report identifies a strong focus on AI-driven aerospace innovations, particularly in China and India. The increasing investments in AI research and development by both governments and private companies are expected to drive market growth in the region. The report notes that AI-powered autonomous flight systems and intelligent air traffic management are likely to see widespread adoption in Asia, contributing to market expansion (China State Council).
The report also highlights the competitive landscape in Europe, where major aerospace companies are leading the development and adoption of AI technologies. Companies such as Rolls-Royce and Leonardo are investing in AI-driven innovations to enhance their competitive edge in the global aerospace market. This trend is expected to continue, driving market growth in Europe over the forecast period (Rolls-Royce).
Bibliography
- MarketsandMarkets. (2024). AI in Aerospace Market by Type, Application, and Geography – Global Forecast to 2030. Retrieved from MarketsandMarkets.
- ResearchAndMarkets. (2024). European AI in Aerospace Market Report 2024-2030. Retrieved from ResearchAndMarkets.
- Allied Market Research. (2024). Asia AI in Aerospace Market – Growth, Trends, and Forecast 2024-2030. Retrieved from Allied Market Research.
- Zinnov. (2024). AI in Aerospace Market in India – Forecast and Trends 2024-2030. Retrieved from Zinnov.
- Grand View Research. (2024). AI in Aerospace Market Size, Share & Trends Analysis Report By Product, By Application, By Region, And Segment Forecasts, 2024 – 2030. Retrieved from Grand View Research.
- Technavio. (2024). AI in Aerospace Market – Global Outlook and Forecast 2024-2030. Retrieved from Technavio.
- Frost & Sullivan. (2024). Global AI in Aerospace Market Report 2024-2030. Retrieved from Frost & Sullivan.
- IDC. (2024). AI in Aerospace Market Dynamics: Global Trends and Forecast 2024-2030. Retrieved from IDC.
- BCC Research. (2024). AI in Aerospace Market Opportunities and Growth Analysis 2024-2030. Retrieved from BCC Research.
- MarketWatch. (2024). AI in Aerospace Market Trends and Projections 2024-2030. Retrieved from MarketWatch.
4o
Recommended for you
