AI and Robotics in Aerospace and Defense Market set to reach USD 67.9 billion by 2034

From GlobeNewswire: 2025-01-09 05:30:00

The AI and Robotics in Aerospace and Defense Market is valued at USD 32.5 billion in 2024, set to reach USD 67.9 billion by 2034. Core AI technologies like machine learning and computer vision enhance autonomy in unmanned aerial vehicles, improving precision and decision-making in aerospace applications without human intervention.

Despite potential growth, the market faces obstacles due to high costs of research and development. Demand rises for autonomous drones and AI-driven military robots, but regulatory requirements around safety, data protection, and defense compliance can restrict growth. Hardware holds the largest market share at 46.7%, crucial for developing autonomous capabilities.

Deployment in AI and robotics spans airborne, ground-based, space-based, and naval systems. The space-based segment is expected to grow with a 10.4% CAGR, vital for surveillance and navigation in challenging environments. North America leads the market with a 34.5% share in 2024, driven by investments in defense technologies and partnerships with defense contractors.

Key players in the AI and robotics in aerospace and defense market include Airbus SE, Bae Systems, GE Aviation, IBM Corporation, Lockheed Martin Corporation, Microsoft, and more. The market research report provides detailed coverage with revenue estimates from 2021 to 2034, segmented by component, deployment, and end use for government/military, commercial, and space agencies.



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