Search results for: 'care.AI Frost radat'

The global commercial airline revenue management market is mature, registering about $773.9 million in 2021. Frost & Sullivan expects the market to reach $1.0 billion in 2032, moving at a compound annual growth rate (CAGR) of 2.6%. As airlines are adopting digitalization across all operational areas, vendors are upgrading their revenue manageme...

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...

In this customer research service, Frost & Sullivan measures consumer airline usage in order to define segments and profiles of air traveler types. The aim is to understand user knowledge of frequent flyer programs as well as satisfaction rates with current airline programs. The research also explores airport accessibility and the main methods of t...

Saturated air traffic demand in developed regions where aviation penetration is high creates the need for an adjacent market. Globally, the COVID-19 pandemic has forced governments and aviation stakeholders to rethink their strategies and mitigate risks associated with their dependence on international travel and tourism. Airports are considered st...

Traditional jet fuel comes from processing fossil fuels. As a result, its use in the aviation industry significantly increases carbon emissions, which are responsible for global warming and climate change. This study analyzes hydrogen use as aviation fuel. Along with sustainable fuels, industry stakeholders are looking at technologies such as direc...

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

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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...

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...

29 Sep 2021  |  Global  |  Market Research

Global Auxiliary Power Unit Growth Opportunities

All-electric Auxiliary Power Units to Drive Sustainable Aviation and Strategic Partnering

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Key Issues Addressed

The global auxiliary power unit market is headed toward delivering solutions that will help aircraft become more fuel efficient and involve a lower total cost of ownership. This Frost & Sullivan analysis of the market provides a 10-year forecast from 2020 to 2030. The total market was worth $2.04 billion in 2020 and, considering the impact of the C...

29 Sep 2021  |  Global  |  Market Research

Global Auxiliary Power Unit Growth Opportunities

All-electric Auxiliary Power Units to Drive Sustainable Aviation and Strategic Partnering

Infographics

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Key Issues Addressed

The global auxiliary power unit market is headed toward delivering solutions that will help aircraft become more fuel efficient and involve a lower total cost of ownership. This Frost & Sullivan analysis of the market provides a 10-year forecast from 2020 to 2030. The total market was worth $2.04 billion in 2020 and, considering the impact of the C...