Search results for: 'aviation technology'
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07 Dec 2023  |  Global  |  Market Research
Internet of Things (IoT) in Commercial Aviation
IoT and Big Data Analytics Form the Core of the Technology Strategies of Aviation Stakeholders
The development and implementation of next-generation technologies, rapid advances in consumer technology, increasing shift to cloud computing, and utilization of IoT, big data, and machine learning to collect and analyze large amounts of data are transforming industry processes. The digitalization of various processes in commercial aviation has sc...
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10 Aug 2022  |  Global  |  Market Research
Sustainability in Aviation: Demand Analysis and Growth Opportunities
Innovative Business Models, Like the Use of eVTOL Aircraft, will Enhance Sustainability Programs for Airlines
This study examines programs and platforms that create demand for sustainability in the aviation industry. Mandates from aviation regulators, like the International Civil Aviation Organization (ICAO), Federal Aviation Administration (FAA), and European Union Aviation Safety Agency (EASA), are playing a vital role in driving sustainability in the av...
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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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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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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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19 Oct 2022  |  Global  |  Market Research
Growth Opportunities in Hydrogen as a Commercial Aviation Fuel
Overcoming Production, Storage, and Cost Challenges Will Drive Green Hydrogen Adoption as an Aviation Fuel
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...
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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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30 Jan 2023  |  Global  |  Market Outlook
Growth Opportunity Outlook in the Aerospace & Defense Industry
Aerospace and Defense Industry Growth Opportunities
Top growth opportunities in the Aerospace & Defense program area cover the commercial aviation, spacecraft, unmanned systems, and defense markets. Technologies and services often overlap, and industry participants will have opportunities with civilian and military customers in 2023. The commercial aviation industry is on the rebound, with increasin...
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01 Dec 2022  |  Global  |  Technology Research
Technology Trends and Advancements in Nuclear Energy Utilization
Next-generation Nuclear Technologies Promote Carbon Neutrality and Hydrogen Economy Growth Opportunities
Globally, low-carbon energy resources are increasingly critical to combat climate change and ensure adherence to the Paris Climate Summit declarations, especially net zero carbon emissions targets. Nuclear energy can play a critical role due to its high energy density, low land footprint compared to renewable energy sources, and cost competitivenes...
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15 Dec 2022  |  Global  |  Market Research
Commercial Aviation First-class Seating Growth Opportunities
Consistent Demand from Economic Powerhouses and Leisure Travelers and Strong Marketing Benefits will Drive Growth
First-class seating is usually feasible on widebody aircraft. The prolonged grounding of this aircraft type by airlines around the world due to the COVID-19 pandemic hindered the growth of this cabin class. Preference for new narrowbody aircraft also increased among airlines. The general trend before the pandemic was already skewed toward the repla...
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