Automated & Artificial Intelligence AI is being used in the defense sector for training the military, creating advanced weapons, surveillance purpose & providing cybersecurity. Use of augmented & virtual reality Augmented technology is used for aerospace modernization & defense manufacturing, aircraft maintenance and repair, and training personnel. Additive manufacturing and digitization The aerospace and defense industry is among the largest of additive manufacturing technology. Now a days the technology for creating rocket bodies, building rocket engine and accelerating the commercial aircraft. The aerospace and defense market is expected grow dollar 700.30 billion in 2021 to 755.24 dollar billion in 2022. The market is expected to reach dollar 1047.07 billion in 2026 at a CAGR of 8.5%. An increasing number of industries today are using technology to adapt to today's changing world. Aerospace and Defense industry is an example of an emerging industry which is adopting technology. Let's look at some of the important innovative and technological trends that are reshaping the aerospace and defense industry: Recently, the First Trust Indxx Aerospace and Defense ETF(MISL) which measures the performance of companies involved in the Aerospace & Defense sector listed in the United States. To know more about the underlying index, please visit- https://bit.ly/3IkSf4z KEY TECHNOLOGY TRENDS REVOLUTIONISING THE AEROSPCE & DIFFENCE INDUSTRY Find More Index Services