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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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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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02 May 2019  |  North America  |  Market Outlook
2019 Global Commercial Aerospace Outlook
Continued Record Increase in Commercial Aircraft Production Will Stretch Supply Chain Capabilities
The global commercial aerospace market saw a year of growth in 2018 as the supply chain was pushed to the limits. 2019 is not going to offer any relief for the supply chain as OEMs scramble to capitalize on the strong demand, especially in the APAC region where the market for commercial aircraft is witnessing exploding growth. One OEM is expected t...
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29 Nov 2021  |  Global  |  Market Research
Global Commercial Supersonic Aircraft Growth Opportunities
Governments, Regulatory Agencies, and Aircraft Manufacturers will Drive Advancement in Sustainability, Sonic Boom Abatement, and Supply Chain Resilience
Civil supersonic transport aircraft have ceased operations since the retirement of Concorde’s commercial service in 2003. The International Civil Aviation Organization (ICAO) and the Federal Aviation Authority (FAA) have initiated the process of developing new supersonic noise standard development and emission regulations through flight-test proced...
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19 May 2020  |  Global  |  Market Research
Post-pandemic Growth Opportunity Analysis of the Global Airport & Airline Industry
Operational Efficiency Among Airlines and Next-Generation Digitalization at Airports Will Prove Critical in Maintaining Costs during Recovery
Before the global COVID-19 pandemic hit, the aviation industry had anticipated high passenger volume and aircraft fleet growth over the next decade. Now, however, the industry is suddenly facing a new environment where capacities are reduced and passenger demand is down for the foreseeable future. If the global situation results in prolongs lock-do...
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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 Jan 2021  |  Global  |  Market Research
Disruptive Technologies Transforming the Global Commercial Aerospace Industry Through 2035
COVID-19 Pandemic Rebound Driven by the Model-based Enterprise Creates Growth Opportunities
The commercial aerospace industry, common to its rich technology history, will be the leading edge in emerging technologies that will continue to shift its trajectory. This study is a deep dive into how the Fourth Industrial Revolution is shaping Aerospace 4.0 and transforming aerospace systems and the aftermarket landscape over the next decade. ...
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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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