Aerospace Systems

09 Dec 2022  |  Global

Frost Radar™: Baggage Management Systems, 2022

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

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Air transport continues to recover as COVID-19 evolves from the pandemic to endemic stage, accelerating the reopening of international borders as governments relax travel restrictions. Frost & Sullivan estimates that 3.54 billion passengers will return to the skies in 2022 (representing 78% of the pre-pandemic load factor of 4.54 billion), with com...

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...

23 Feb 2022  |  Global

Frost Radar™: Downstream Geospatial Services, 2021

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

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Geospatial technology incorporates historical and near-real-time mapping and surveying, remote sensing, aerial photography, global positioning system (GPS), and geographic information system (GIS) data so that downstream providers can offer navigation, connectivity, and location-based services. While geospatial services revenue dropped at the st...

09 Feb 2022  |  Global

Frost Radar™: Downstream Global Navigation Satellite System Services, 2021

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

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As the world moves toward automation and digitization, established and emerging industries will rely on geolocation. Accurate positioning, timing, and synchronization capabilities, for example, would reduce the cost of setting up new 5G network infrastructure and enable different location-based services and applications. High-accuracy downstream...

With the COVID-19 pandemic severely hampering demand for air travel, the global aircraft utilization rate has declined steeply. This utilization rate is highest for narrow-body aircraft followed by regional jets, wide-body aircraft, and turboprop aircraft, which signifies that air travel demand for short-haul routes is higher than for long-haul rou...

06 Sep 2021  |  Global

Frost Radar™: Global Airport Digitalization Market, 2020

A Benchmarking System to Spark Companies to Action - Innovation That Fuels Growth Pipelines

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The airport digitalization market is fragmented, with numerous start-ups and conglomerates offering IT solutions. Leading companies have distinguished their products and services by developing next-generation technological capabilities, bundling and upselling solutions, and creating cross-industry synergies. The competitive environment, however, is...

21 Dec 2020  |  North America

Frost Radar™: Drone-in-a-Box Market, 2020

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

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Key Issues Addressed

While the use of small aerial drones for a wide range of commercial applications has been increasing steadily over the past several years, market growth has been limited by regulatory restrictions requiring pilots to keep drone platforms in sight while in operation. In the recent past, significant advances in technologies and procedures that enable...

11 Nov 2020  |  Global

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...

Prior to the 1990s, airlines around the world staffed thousands of employees to keep their fleets airworthy and flying. A combination of the emergence of low-cost carriers (LCLs) and airlines being driven to reduce overhead created a competitive environment to purchase lower cost maintenance from third-party vendors. Seventeen commercial aircraft ...