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Aircraft Turnaround Management (ATM) is a critical part of the aviation operational structure. ATM determines the operational success of daily tasks and minimizes or maximizes losses, depending on how well the operations are executed. In the past, this process relied entirely on airlines, with airports only providing the local infrastructure and re...

The airport IT market will grow throughout the forecast period and see all major regions making significant investments. The impact of market drivers differ by region but generally increased passenger numbers, competition between airports, the need for improved efficiency and modernisation plans all contribute to increased investment in analytics a...

The commercialization of the space industry in recent years has led to a growing space market, established the NewSpace economy, and boosted demand for more sustainable solutions. This resulted in technological advancement across space products and, in particular, innovation within the propulsion arm of the aerospace market for launch solutions and...

This market insight reviews the information management aspect of airport operations that use database solutions to enhance efficiency and customer satisfaction. It identifies the market participants that offer Airport Operational Database (AODB) solutions, in addition to offerings designed to complement AODB capability. Business participants within...

The geospatial value-added services market is seeing an influx of new participants owing to cheaper satellite data products and services and enabling information and communication technologies. Established incumbents have to compete with not only these participants but also new customer groups arising from the evolution of new use cases. The marke...

Artificial intelligence (AI) advancements are helping companies automate unmanned solutions designed for commercial tasks. While the adoption rate varies based on the domain the unmanned system operates, all unmanned solutions benefit from this development. To enable autonomous navigation features in unmanned systems, OEMs must equip their produ...

30 Jun 2022  |  Global  |  Market Research

Global Airline and Tourism Growth Opportunities

Transformative Mega Trends and Industry Convergence through Airline Partnerships Drive Tourism Growth

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This Frost & Sullivan study investigates the relationship between popular tourist destinations and the airline agreements of their top carriers, identifying each destination’s primary source countries of international tourism. Europe topped the list of 10 destinations as the most popular tourist region in 2019, with 5 European countries having a fo...

The airport digitalization market is a growth market estimated to generate more than $8.52 billion in revenue by 2030. A highly fragmented market, the top five companies contributed approximately 55% to the global revenue market in 2020. This figure is not expected to change significantly over the forecast period (2021–2030). The top companies in t...

The International Air Transport Association (IATA) has forecast passenger traffic to nearly double from 3.8 billion in 2015 to 7.2 billion by 2030. This increase will reflect in the number of checked baggage each year with forecasts pegging the number at close to 6.5 billion bags by 2030. As airport operators revise their plans and strategies to ha...