Search results for: 'explosive pace equipment'

18 Apr 2023  |  Global  |  Market Research

Global Airport Baggage Handling System Growth Opportunities

Strategic Partnering to Address Baggage Handling Systems in APAC' Greenfield Airports

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In 2022, airport baggage handling systems generated a revenue of $4.52 billion; this number is set to grow at a CAGR of 5.5% and reach $7.72 billion by 2032. This research analytics covers two segments: baggage handling and baggage management, with baggage handling accounting for 87.2% of the market share. Digital transformation of major airports a...

Airports are changing considerably amid multiple challenges: air travel demand soars, surpassing infrastructure capacity; airspace becomes more congested than ever; workforce shortages persist; supply chain disruptions add layers of complexity; and airports must address geopolitical uncertainty, climate risks, and rising costs.To address these chal...

Aircraft movements in 2019 totaled over 100 million globally. However, this figure dropped by more than 40% in 2020 due to the impact of the COVID-19 pandemic. The crisis severely impacted the fiscal health of the overall aviation sector, with nearly all stakeholders such as airlines, airports, air traffic, and ground handlers facing significant mo...

26 May 2021  |  Global  |  Market Outlook

Global Commercial UAS Outlook, 2021

Artificial Intelligence and Autonomous Platforms will Drive Adoption of Commercial Drones for a Growing Range of Applications

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The commercial unmanned aerial system (UAS) market continues to grow globally and was accelerated in the wake of the COVID-19 pandemic response. Autonomy and artificial intelligence (AI) are, and will remain, the main drivers promoting commercial UAS adoption and associated market growth because autonomous flight reduces the need for expensive manp...

The privatization trend in aviation has picked up pace globally during the last 2 decades. Historically, a majority of airlines and airports were part of the public sector, and focus remained mostly on providing connectivity and affordability. However, the travel experience was often less prioritized. Changing market dynamics have made the passenge...

11 Dec 2018  |  Global  |  Market Research

Small-satellite Launch Services Market, Quarterly Update Q3 2018, Forecast to 2030

State of the Small-satellite Industry in Q3, 2018

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Key Issues Addressed

Small-satellites are at the spotlight of the evolution of space industry. Small-satellite ecosystem is expanding at an increasing pace, with new entrants offering new space solutions and existing players expanding their portfolio by investments in the small-satellite value chain. It becomes very important to investigate the past and current state o...

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...

The global space industry value chain has been expanding with new entrants and interests of non-space stakeholders contributing toward the development of solutions in the downstream segment. In the upstream segment, LEO-based constellations are driving the demand. This demand is being supported by developments such as additive manufacturing and ser...

Business class revenue was a key growth driver for airlines as they attempted to resurrect from COVID-19 pandemic-related service disruptions. The emergence of the new traveler segment, the luxury leisure traveler, ensured business class cabins remained fully booked throughout the seasonal tourism periods. Overall, passenger preference for privacy ...