Minimized Passenger Wait Times and Secure, Seamless Passenger Flow Drives Adoption and Exponential Market Growth
Region : GlobalThe demand for air travel has been increasing over time with the International Association of Air Travel (IATA) expecting 7.2 billion air travelers in 2035, compared to the 3.8 billion travelers in 2016. While this increasing demand implies higher revenues and growth, airport stakeholders are expected to consistently increase their capacity while w...
The Future Commercial Drone Ecosystem Will be Driven by Autonomous Drones that Launch and Recover from Stand-Alone and Networked Base Stations, but Only the Best Products Will Survive in an Increasingly Crowded Market
Region : North AmericaAs the use of commercial drones grows, there will be an increase in the desire for autonomous operations. This is due to the fact that commercial drones are often used to accomplish dull, dangerous, dirty, or different missions rather than subject humans to these types of activities. As drone use rises, so will the requirement to control as many as...
The Drone Euphoria is Wearing Off and Steady, but Significant, Growth Will Set in Driven by Increases in Enterprise Adoption
Region : North AmericaCommercial applications for unmanned aerial systems (UAS) are numerous and use is expanding relatively quickly. As the market matures, incumbent and new to market original equipment manufacturers (OEMs) continue to develop more capable platforms, platforms for specific use cases, and platforms for niche markets. This research separates the global ...
Narrow-body Linefit and Wide-body Retrofit Programmes Driving Marginal Growth
Region : GlobalThe aircraft cabin interiors market is increasingly adopting new cabin designs with emphasis on improving the passenger experience and functionality. The $11.55 billion market in 2017 is expected to grow to $12.47 billion in 2025, at a compound annual growth rate (CAGR) of 0.95%, although the revenue trajectory varies by every product segment. The...
Capitalizing on Opportunities in the Emerging Digital Economy for Enriched Business Performance
Region : GlobalIntense competition in the commercial aviation sector has led industry stakeholders to create new business models to compete heavily on price by limiting margins and improving cost efficiencies. Connected aviation is the central theme around which digital transformation initiatives are evolving to achieve the competitive advantages and differentiat...
Technology Disruption Renders Contemporary Solutions Obsolete and Spurs Transformation across Airport Processes
Region : GlobalA number of factors symbolize the struggle airports face in their journey to host the roughly 7 billion passengers that depart from and arrive at an airport every year. Capacity constraints, growing passenger footfalls, stagnant aeronautical revenues and competition necessitate a transformation in business models, operational processes and organiza...
Serial Production, Single-manifest Launch Services, and ‘Uberization’ of Ground Stations Looking to Revolutionize the Space Industry
Region : GlobalSmall satellites have evolved from being mere technology demonstrators to providing low-cost operational services across the distributed industry segments. Hence, it becomes important to track the evolving small satellite value chain and the various aspects creating ripples in the value chain, having a cascading effect. Many small satellite constel...
To Offer Lower Cost Solutions Companies are Developing New Technologies while Striving to Integrate Existing Off-the-Shelf (OTS) Capabilities to Creat
Region : North AmericaThe latest US Federal Aviation Administration (FAA) aerospace forecast predicts that there will be between 2.75 and 4.47 million drones operating in the US by 2021. The same forecast expects between 238,000 and 1.6 million commercial drones operating in the US by 2021. This means that there could be over 6 million small unmanned aerial systems (SUA...
Budget Assessment of FY 2018—Proposed Spending
Region : North AmericaKey Study Takeaways • The Science budget funds: Planetary Science, Astrophysics of Earth-like planets, James Webb Space Telescope for launch in 2018, and Heliophysics to study the Sun, Earth Science to improve modeling of Earth as a system. The budget terminates 5 Earth Science missions: Pre-aerosol, Clouds, and Ocean Ecosystem (PACE), Orbiting C...
Increasing Passenger Traffic in Physically Constrained Airports and Data Generation by Digital Platforms Bring Opportunities to Suppliers
Region : GlobalThe rise in number of airports attaining saturation will drive the growth of the business intelligence market, comprised of passenger flow, operations flow, and analytics solutions, to grow by $1.31 billion over the next 10 years. With growing demand in air travel resulting in an increase of passenger footprint at airports, operators face challenge...