Aircraft Manufacturing Global Market Report 2018

Aircraft Manufacturing Global Market Report 2018
Starting Price : $ 4000.00 | Pages : 125 | Published : February 2018

SKU CODE : 3143 | Format :

Aircraft Manufacturing includes manufacturing complete aircrafts, developing and making aircraft prototypes, aircraft conversion and complete aircraft overhaul and rebuilding. It also includes gliders, helicopters, target drones and ultra-light aircrafts.

The global aircraft manufacturing market was valued at $563.8 billion in 2017. North America was the largest geographic region accounting for $236.46 billion or 41.94% of the global market. And the USA was the largest country accounting for $203.64 billion or 36.12% of the global aircraft manufacturing market.

Aircraft manufacturers are using machine learning techniques such as artificial intelligence (AI) to improve safety, productivity and quality of aircrafts. Machine learning algorithms collect data from machine-to-machine and machine-to-human interfaces and use data analytics to drive effective decision making. These technologies optimize manufacturing operations and costs.  For example, GE Aviation uses machine learning and data analytics to identify faults in engines which increases lifecycle of parts and reduces maintenance costs. Boeing has successfully built machine learning algorithms for aircraft designing and to automate factory operations.
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