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03 Sep 2021  |  Global  |  Market Research
Global Battery Technology in Commercial Aviation Growth Opportunities
Commercializing Battery Technology Enables New Product Development to Lower Carbon Form from International Aviation
Airlines, OEMs, and MROs need to evaluate their current operating economics to understand the importance of adopting sustainable alternatives and create strategies to prepare for the future, specifically by developing a technological roadmap for MROs. Compliance with expanding regulations in air transport and economic conditions brings urgency to a...
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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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07 Oct 2021  |  Global  |  Market Research
Global Hydrogen-powered Aircraft Growth Opportunities
Carbon-neutral Hydrogen Propulsion Technology Drives New Product Development in an Evolving Commercial Aviation Landscape
Original equipment manufacturers (OEMs), airlines, and airports have an opportunity to adopt a new generation of clean and sustainable technologies to reduce their contribution to climate impact. Hydrogen presents a path to transubstantiate aviation into a climate-neutral industry. Industry studies suggest that novel aircraft, aero-engines, and sys...
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06 Dec 2021  |  Global  |  Market Research
Growth Opportunities for Global Smart Hangars
Transformative Trends and Pandemic-related Operational Challenges Drive Adoption of AI, Drones, and Contactless Technologies
Novel technologies are improving aircraft hangars, and particularly the activities that take place within these hangars (final assembly or heavy maintenance and modification work). Industry 4.0 trends have positively changed the way aircraft are built or maintained in hangars, leading to the emergence of smart hangars. This research discusses tr...
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08 Dec 2022  |  Global  |  Market Research
Sustainability in Global Commercial Aviation: A Supply Analysis
Private Investments in Emission Reduction Measures and Technologies Driving Competitive Intensity
The climate crisis and growing carbon emission projections present significant challenges for the aviation sector. Aviation’s contribution to global CO2 emissions has been more than 2.5% for the last few years, but the industry emits other pollutants, such as soot and methane. Considering the impact of these pollutants, aviation contributes to more...
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08 Oct 2021  |  Global  |  Market Research
Global Aerospace Additive Manufacturing Applications Growth Opportunities
Increased Technology Adoption and Materials Innovation Transforming Aerospace Parts Production
Over the past decade, the aerospace industry has witnessed the growing application of additive manufacturing technology. Major applications include developing parts for the aircraft interior and engine. The technology replaces parts made using the traditional manufacturing process, offering aerospace companies increased supply chain flexibility and...
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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
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...
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10 Nov 2021  |  Global  |  Market Research
Global All-electric Aircraft Growth Opportunities
New Product Development For All-electric Aircraft is Helping the Aviation Industry Achieve its Sustainability Goals
Commercial aviation contributes about 3% of all CO2 emissions globally. With the number of passengers constantly increasing and the number of aircraft forecasted to almost double by 2050, this percentage is expected to rise significantly. Industry stakeholders are working to reduce emissions by moving to alternative energy sources and using sustain...
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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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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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