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- revenue is projected to decline by 5.0% in 2023, attributed to the reduced demand for COVID-19-related test
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30 Mar 2020  |  Global  |  Market Research
Global Airline Flight Operations—Optimization Opportunities, 2019
Growth in Airline Passenger Numbers, Shortage of Pilots, and a Focus on Reducing Emissions will Drive Digital Investments
Flight operations are one of the highest cost centers for an airline. In a growing global aviation market, airlines need to continuously optimize their flight operations and asset utilization to attain enhanced revenues and deliver sustainable operations. Optimizing flight operations can also lower operational expenses and minimize harmful environm...
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28 Oct 2022  |  Global  |  Market Research
Commercial Aviation Premium Economy Seating Growth Opportunities
Priority for Additional Personal Space and Affordability will Drive Demand
The premium economy seating class was introduced in the 1990s. Essential components are extra seat width, generous recline, and upgraded soft product offerings. Since the gulf between economy and business class prices and services is quite large, the premium economy class is seen as a more affordable solution with sufficient perks. During the p...
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14 Dec 2021  |  Global  |  Market Research
Global Commercial Aircraft Leasing Growth Opportunities
New Product Development to Drive the Future Growth Potential of Aircraft Leasing
Lessors are struggling to maintain liquidity amidst the weak economic scenario in aviation. Airline-owned leasing firms are selling off their leasing arms to consolidate and streamline their core air travel operations. The critical situation has led to some M&A scenarios in the aircraft leasing industry. Lessors and airlines are dependent on var...
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29 Jan 2018  |  Global  |  Market Research
Global Commercial Cabin Interiors Market, Forecast to 2025
Narrow-body Linefit and Wide-body Retrofit Programmes Driving Marginal Growth
The aircraft cabin interiors market is increasingly adopting new cabin designs with emphasis on improving the passenger experience and functionality. The $11.55 billion market in 2017 is expected to grow to $12.47 billion in 2025, at a compound annual growth rate (CAGR) of 0.95%, although the revenue trajectory varies by every product segment. The...
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16 Mar 2022  |  Global  |  Market Research
Growth Opportunities for Global Commercial Aviation Privatization
Customer Centricity and Personalization to Drive Transformational Growth
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...
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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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31 Dec 2018  |  Global  |  Market Research
Global Airline Benchmarking, 2008–2017
Industry Experiencing an Extended Period of Growth and Profitability with Relatively Inexpensive Fuel Costs
Airlines are exploring new ways to increase their ancillary revenues and remain profitable. Analytics and digital programs that optimize inefficiencies are increasingly being trailed and implemented to attract customers and improve KPIs.--BEGIN PROMO--Research Scope This research service focuses on the competitive profiling of 17 global airline an...
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05 Mar 2019  |  Global  |  Market Research
Global Satellite Communication (Satcom) Market Assessment, Forecast to 2025
For Sustainable Growth, Incumbents Must Focus on the Growth Opportunities in IoT/M2M, Aviation, Maritime, and Government Sectors
Incumbent players in the satellite communication market are experiencing challenges in retaining the revenue growth rates due to increased competition from terrestrial networks and excess in-orbit capacities leading to pricing pressures. Satellite communication ecosystem is going through a transformation phase with new entrants planning to offer in...
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26 Nov 2021  |  Global  |  Market Research
Global Commercial Air Travel Growth Opportunities
Strategic Partnering Among Airlines and Digitalization at Airports will Prove Critical in Maintaining Costs During Recovery from COVID-19’s Impact
Airlines and airports faced a sudden decline in passenger traffic, of high magnitudes. This disrupted the operational cash flow leading to severe liquidity crunch. Airlines & airports had to furlough employees, reduce operations correspondingly, and rely on state aid to ensure financial sustainability during peak periods of the pandemic (2020). Int...
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03 Sep 2021  |  Global  |  Market Research
Global Commercial Avionics Growth Opportunities
Avionics will Play a Vital Role in the Development of All-electric Aircraft
The global commercial avionics market is focusing on the improvement of flight operations, which will boost the safety and the efficiency offered by airlines. This Frost & Sullivan study analyzes the global market and provides a 10-year forecast from 2020 to 2030. The total market was worth $34.90 billion in 2020 and, considering the impact of the ...
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