PPT - Artificial Intelligence (AI) in Aviation Market PowerPoint Presentation - ID:11967827
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Artificial Intelligence (AI) in Aviation Market

AI in aviation market is anticipated to grow at a CAGR of 42.1%

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Artificial Intelligence (AI) in Aviation Market

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  1. Artificial Intelligence (AI) in Aviation Market Is Likely to Experience a Tremendous Growth by 2029 AI in aviation market is anticipated to grow at a CAGR of 42.1% during the forecast period. The growing start-up initiatives across the globe is the major factor driving the growth of the market. To reduce the global challenges caused by fossil fuels and pollution, start-up companies are developing aircraft powered by AI. For instance, in June 2022, BON V Technology, a start-up in Odisha developed the AI-powered electric aircraft RM001, which is a smart, sustainable, and safe mode of transportation. RM001 can carry up to 200kg of cargo to more than 40km. The aircraft is equipped with AI technology to navigate itself during flight, avoid obstacles, and communicate with ground stations and across the globe through 4G and 5G connectivity. Moreover, it does not require to be operated once the destination location is entered which in turn drives the overall AI in the aviation market. To Request a Sample of our Report on Artificial Intelligence (AI) in Aviation Market https://www.omrglobal.com/request-sample/ai-in-aviation-market Additionally, in May 2021, Merlin Labs, Inc., an aviation technology start-up company partnered with Dynamic Aviation Group Inc., a provider of modified aircraft. Both companies’ partnership to put a fleet of 55 King Air planes in the sky without humans aboard by building software that creates a think-for-itself pilot, a fully-autonomous flight. In addition, this technology could have applications in numerous other fields including military transport, agriculture, and firefighting. Both companies aim to roll out an artificially intelligent pilot in companies such as Amazon, the US Air Force, the California department of forestry and firefighting, and others to implement an artificially intelligent pilot to their existing fleets. A full Report of Artificial Intelligence (AI) in Aviation Market https://www.omrglobal.com/industry-reports/ai-in-aviation-market Report Summary Current Industry Analysis and Growth Potential Outlook     Research Methods and Tools Market Breakdown By Segments By Region Market Overview and Insights      Scope of the Report Analyst Insight & Current Market Trends Key Findings Recommendations Conclusion Competitive Landscape       Key Company Analysis Overview Financial Analysis SWOT Analysis Recent Developments Key Strategy Analysis 4. Market Segmentation Global AI in Aviation Market by Offering    Hardware Software Services Global AI in Aviation Market by Technology     Context Awareness Machine Learning NLP (Natural Language Processing) Computer Vision Global AI in Aviation Market by Application

  2.        Virtual Assistants Dynamic Pricing Smart Maintenance Manufacturing surveillance Flight Operations Training Others For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/ai-in-aviation-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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