Blog: How Artificial Intelligence is Changing the Aviation Industry
Artificial intelligence or AI is now being utilized in a variety of industries across the globe. It particularly is making its mark in the aviation industry as airline companies continue to experiment with how AI can make flying faster, safer, and more convenient. While these experiments are in the earliest phases right now, they are showing promise that could allow AI to have a solid future in tomorrow’s aviation industry.
Leading Companies included in this research are Airbus, Amazon, Boeing, Intel Corporation, IBM, Micron, Microsoft, NVIDIA, Samsung, Xilinx
Growing urbanization has resulted in advent of several disruptive technologies including the artificial intelligence. The AI has become integrated fragment of almost the sectors and recently the technology has also taken a plunge into aviation sector. Autopilot and flight management system are some of the key areas of implementation of the AI in aviation industry.
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The AI in Artificial Intelligence market is anticipated to grow in the forecast period owing to driving factors such as readily available advanced computing capabilities and explosion in the data availability and processing needs. The market is likely to showcase opportunities as the industry continues to invest in its IT and analytics capabilities. Furthermore, integration of connectivity on-board is also expected to provide the market with significant growth motivation.
The global AI in Artificial Intelligence market is segmented on the basis of offering, technology, application. Based offering, the market is segmented as Software, Service. On the basis of the technology the market is segmented as Machine Learning, Natural Language Processing (NlP), Context Awareness Computing, and Computer Vision. The market on the basis of the end user is classified as Smart Maintenance, Flight Operations, Training, Surveillance, and Others.
Artificial intelligence in aviation sort the information and provide the pilot with the best possible options for operation, which is impossible for human being to perform. It is an ability of a machine to gather the information to analyze, process and to respond in a directed way. Some of the market drivers included and analyzed in detail for decision makers reference include — Increasing adoption of machine learning and NLP technologies for virtual assistance, training applications in the aviation sector, increase in the investments by aviation companies and PE investors, rising adoption of cloud-based applications in Artificial Intelligence in Aviation Market It is also been found that limited numbers of experts in AI industry are restricting the growth of the Artificial Intelligence in Aviation Market.
Virtual assistants are also used by airline companies to improve customer services. AI-enabled virtual assistance can provide instant answers to simple questions. Common questions include things like flight status or services/offerings (audio, video, Wi-Fi) on flights. This allows the human customer service representatives to attend to more important issues.
Source: The Insight Partners