Search results for: 'monitoring changes'

The airline digitalization market is a growth market forecast to achieve more than $35 billion in revenue by 2030. It is a highly fragmented market, with the top 15 companies accounting for nearly 26.5% of the market share. This share amount is not expected to change significantly over the forecast period (2021–2030). The markets top companies by e...

05 Jan 2021  |  Global  |  Market Research

Data Integration to Drive Global Total Airport Management (TAM) Market Growth, 2030

Airport Operations are Being Optimized Through Events Prediction and Collaborative Decision Making Based on Real-time Information

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The future of airport management will be based on the performance of individual stakeholders; all agents - from landside to terminal and airside - will be brought onto a single platform, which will result in real-time analysis to support decision making. Total airport management (TAM) supports data-driven decision making, holistic KPI management, a...

14 Jul 2021  |  Global  |  Market Research

Global Airline Industry Predictive Maintenance Growth Opportunities

Strategic Partnerships Enable Stronger and More Viable Competitive Strategies Throughout the Aircraft Manufacturing Supply Chain

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Key Issues Addressed

As global air travel is anticipated to rise in the second half of 2021, the airline industry faces challenges in extending the life of current and future aircraft. Recovery from the weak economic environment due to the COVID-19 pandemic accelerates demand for more cost-efficient, secure, and standardized ways to improve overall aircraft maintenance...

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...

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...

Airlines are facing an ever-evolving digital landscape and an increase in expectations from an always-connected passenger. Cloud computing, mobile solutions, machine learning (ML), Blockchain etc. are disrupting numerous traditional processes across industries. Airlines have lagged behind other industries in embracing these digital enablers, but ma...

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...

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

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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...

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...