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03 Sep 2021  |  Global  |  Market Research
Global Battery Technology in Commercial Aviation Growth Opportunities
Commercializing Battery Technology Enables New Product Development to Lower Carbon Form from International Aviation
Airlines, OEMs, and MROs need to evaluate their current operating economics to understand the importance of adopting sustainable alternatives and create strategies to prepare for the future, specifically by developing a technological roadmap for MROs. Compliance with expanding regulations in air transport and economic conditions brings urgency to a...
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30 Aug 2016  |  Global  |  Technology Research
Application Assessment of Carbon Fibers (TechVision)
The carbon fibers market is expected to grow significantly in the next 5 to 7 years primarily driven by the automotive sector due to regulatory pressure to improve fuel efficiency and reduce the weight of the vehicles. Presently, they are primarily used in the aerospace industry and in high-end cars manufactured by companies such as BMW and Lambo...
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08 Dec 2021  |  Global  |  Market Research
Global Military Airborne Platform Energization Growth Opportunities
New Product Development in Batteries and Alternative Fuels is Driving the Shift Towards Electrification
With ecological concerns becoming more urgent, governments across the world are setting net-zero targets for their militaries and the civil aviation sectors. Military departments are also expressing increasing interest in electric aircraft due to their lower operating costs and stealth capabilities. In response to the new green policies and the nee...
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27 Feb 2019  |  North America  |  Market Research
Composite Material Use in Global Commercial Aerospace, 2019
While Use of Composite Material Continues to Grow, It Does Not Dominate the Commercial Aerospace Industry
Technically, composite material has been used in aviation throughout its history. Currently, high-tech composites are on the rise. Over the last decade, the commercial aerospace sector has had two carbon fiber composite aircraft introduced. The Boeing Company delivered the 787 Dreamliner, with Airbus quickly following suite with its new A350 XWB. ...
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11 Nov 2021  |  Global  |  Market Research
Growth Opportunities for Sustainable Technology in Global Commercial Aviation
Environmental, Social, and Governance (ESG) Framework and Long-term Goals to Reduce Emissions Bolster Technology Strategy
The COVID-19 pandemic forced lockdowns and border closures, which subsequently curtailed global travel. Industry revenue in fiscal year (FY) 2020–2021 amounted to $328 billion—the nominal equivalent to revenue generated in FY 2000–2001. Due to grounded aircraft and cancelled flights, the reasons for the shift in passenger behavior, government restr...
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10 Nov 2021  |  Global  |  Market Research
Global All-electric Aircraft Growth Opportunities
New Product Development For All-electric Aircraft is Helping the Aviation Industry Achieve its Sustainability Goals
Commercial aviation contributes about 3% of all CO2 emissions globally. With the number of passengers constantly increasing and the number of aircraft forecasted to almost double by 2050, this percentage is expected to rise significantly. Industry stakeholders are working to reduce emissions by moving to alternative energy sources and using sustain...
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27 Dec 2013  |  Global  |  Technology Research
Innovations in Energy Harvesting Technologies (Technical Insights)
Nine Pronged Technology Evaluation --Energizing Microelectronic Devices with Ambient Energy
Energy harvesting technology is based on the concept of harnessing ambient energy to generate electric power. Harvesting energy for low-power devices is gaining momentum as it holds the potential to address challenges associated with battery technology for myriad applications. Harvesting energy on a small scale has been of immense interest for vari...
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12 Jul 2016  |  North America  |  Market Research
US Military Unmanned Aircraft Market
Despite a military budget that will continue to be unpredictable, DoD unmanned aerial system (UAS) funding through 2019 is forecast to experience a relatively strong 6.9% compound annual growth rate (CAGR). Market growth will vacillate between positive and negative growth years throughout the forecast period with an overall upward trend. Opportunit...
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16 Jul 2021  |  Global  |  Market Research
Global High-altitude Pseudo Satellites (HAPS) Growth Opportunities
New Technology Strategies Will Move the Market from the Development Stage to Early Adoption by 2026
The lighter-than-air (LTA) and heavier-than-air (HTA) high-altitude pseudo satellite (HAPS) projects have had a long period of gestation, starting in the 1970s. Technological challenges, especially solar panel efficiency and battery density, have held the market back. The recent closing of the Google Loon project has raised questions on the feasibi...
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28 Jan 2025  |  Global  |  Market Research
Commercial Unmanned Aerial Systems in Agriculture
A Better Understanding of the Agricultural Drone Ecosystem is Leading to the Increased Adoption of the Technology in Farming Practices
Drones and robotics are automating labor-intensive processes. As digital innovations continue to evolve, they are transforming the agricultural sector, boosting efficiency, sustainability, and profitability. Precision agriculture integrates GPS technology with data analytics to optimize crop yields, while drones equipped with optical payloads effic...
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