Search results for: 'its investment'

With the COVID-19 pandemic severely hampering demand for air travel, the global aircraft utilization rate has declined steeply. This utilization rate is highest for narrow-body aircraft followed by regional jets, wide-body aircraft, and turboprop aircraft, which signifies that air travel demand for short-haul routes is higher than for long-haul rou...

18 Dec 2020  |  Global  |  Market Research

Digital Transformation to Drive Growth in the Global Airport Information Technology, 2025

Airports Need to Embrace Digital Transformation to Enhance Passenger Experience and Improve Cost Efficiencies

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Airports need to embrace digital transformation to enhance the passenger experience and improve cost efficiencies. This research service will focus on the global airport information technology market across the various Tiers of airports (5 Tiers in total) and across 6 key regions, Africa, Asia-Pacific, Europe, the Middle East, Latin America, and No...

22 Oct 2021  |  Global  |  Market Research

Global Commercial Aircraft Maintenance, Repair, and Overhaul (MRO) Growth Opportunities

Disruptive Technologies Enabling MROs Achieve Transformational Growth

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This study analyses the global commercial aircraft maintenance, repair, and overhaul market, providing a forecast of the kind of recovery the market can expect after the COVID-19 pandemic and beyond. The aircraft segments considered for this report are wide-body, narrow-body, and regional aircraft. The aftermarket is segmented into component MRO, l...

The airline digitalization market is a growth market forecast to achieve more than $35 billion in revenue by 2030. It is a highly fragmented market, with the top 15 companies accounting for nearly 26.5% of the market share. This share amount is not expected to change significantly over the forecast period (2021–2030). The markets top companies by e...

17 Nov 2020  |  Global  |  Market Research

Transformative Propulsion Systems Powering the Global Commercial Turboprop Market Outlook

Future Growth Potential Enhanced by Opportunities in the Turboprop Segment

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Key Issues Addressed Key Benefits

For years, turboprops have established themselves as the smallest link to the airline routing structure. Although infamous in any airline fleet for the noise, lack of speed, and engine vibrations, turboprops remain the most reliable and cost-efficient solution to provide passenger services to rural areas and secluded destinations. Their versatility...

09 Dec 2022  |  Global  |  Market Research

Impact of 5G in Commercial Aviation, 2022

Upgradation of Communication Networks to 5G will Deliver Significant Future Growth Potential for Aviation Stakeholders

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Industries are adopting nascent next-generation technologies, such as 5G, edge computing, cloud, AI, and robotics. Real-time data visibility, Big Data analytics, and automation address several industry challenges. Low latency, artificial intelligence, and edge computing usage opened multiple avenues for optimizing processes and developing new reven...

19 Jun 2020  |  Global  |  Market Research

Impact of COVID-19 on the Space Industry

Insights on Meeting Increasing Demand While the Industry Demonstrates Resilience to Disruptions

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The COVID-19 crisis is impacting all industries, including space. However, the impact on the space industry is unique. This study presents the analysis of the COVID-19 crisis and its implications on the space industry, covering relevant segments including manufacturing, launch, downstream services, and investments. The study offers a brief analys...

Civil supersonic transport aircraft have ceased operations since the retirement of Concorde’s commercial service in 2003. The International Civil Aviation Organization (ICAO) and the Federal Aviation Authority (FAA) have initiated the process of developing new supersonic noise standard development and emission regulations through flight-test proced...

This Frost & Sullivan study analyzes the global commercial unmanned aerial systems market for the oil and gas industry, highlighting the main market drivers, restraints, trends, challenges, and growth opportunities. In 2022, the commercial UAS market for the oil and gas industry generated $186.2 million in revenue. The most relevant applications of...