AI Takes Flight: Transforming Aerospace and Defense Innovation
The global AI in aerospace and defense market size was valued at USD 22.45 billion in 2023 and is projected to grow at a CAGR of 9.8% from 2024 to 2030. AI-driven systems analyze data from various sources to optimize maintenance schedules, manage supply chains, and improve logistics. Predictive maintenance powered by AI reduces unexpected equipment failures and downtime by forecasting when components need service before they break down. Additionally, AI enhances decision-making processes by providing actionable insights through data analytics, leading to streamlined operations, reduced costs, and improved resource allocation. AI advancements in surveillance and threat detection revolutionize aerospace and defense operations by processing and analyzing vast amounts of data from sensors, satellites, and other sources in real time. AI systems use machine learning algorithms to detect and identify potential threats with high accuracy, reducing false a...