Search results for: 'loss projects'

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...

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...

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...

15 Jul 2022  |  Global  |  Market Research

Sustainability at Airports: Technologies and Best Practices in ASEAN Countries

The Growing Use of Digitalization and Disruptive Technologies will Foster Sustainability at Airports

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All the leading airports across the world are focusing on environmental objectives and sustainability to achieve the United Nations' Sustainable Development Goals. This Frost & Sullivan research service examines airport sustainability in 2021 and evaluates its prospects in the ASEAN region. Sustainability best practices for Changi Airport Group,...

The COVID-19 pandemic had a devastating effect on the global aviation industry. Passenger traffic plummeted to 66% in 2020 from 2019 levels. The recovery of the industry to 2019 levels is expected only towards the end of 2023 or early 2024. Original equipment manufacturers (OEMs) have faced significant challenges. The two market leaders, Airbus and...

23 Sep 2021  |  Global  |  Market Research

Global Commercial Aerospace Digital Solutions Growth Opportunities

Data-centric Next-generation Technologies to Enhance the Future Growth Potential of Commercial Aerospace

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Digitalization is a ubiquitous strategy essential to sustain business and growth in a post-pandemic economy. High penetration and improvement of digital solutions and accompanying hardware have made digitalization affordable and customizable. The commercial aerospace digital solutions market is captured by identifying digital R&D investment and the...

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...

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...

11 Nov 2020  |  Global  |  Frost Radar

Frost Radar™: Global Airline IT Market, 2020

A Benchmarking System to Spark Companies to Action–Innovation That Fuels New Deal Flow and Growth Pipelines

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The airline information technology (IT) market is a highly fragmented one with numerous start-ups and conglomerates offering various airline IT solutions across geographies. The leading companies in this market have distinguished their products and services from the rest of the market by maintaining a long-term focus in their R&D investment strateg...