What is the need for developing green fuel for aircraft and airlines driving the development of the electric vertical take-off landing aircraft (eVTOL) commercial industry? How is the growth scenario for stakeholders? Read to know more.
Explore the impact of new technologies on aviation retail, the new business models being adopted, solutions, etc. Also, get an overview of the major advancements like privatization and the Aerotropolis and their role in transforming this landscape.
This research discusses the future of sustainable aviation, including growth drivers and restraints, business use-cases, regional dynamics, and the five major growth opportunities industry stakeholders must know to function efficiently in this space.
COVID-19 has significantly affected the idea and understanding of cities, making inhabitants, planners and decision makers re-evaluate the way we think about our homes, public places, infrastructure, workplaces, etc. In the multiple waves of lockdowns of varying intensity, homes turned into workplaces, much of roads and public transport capacity went underutilized, safe and contactless delivery for all daily necessities became paramount. As most societies prepare for living with COVID-19 as an endemic for another decade, cities are preparing to adjust to this new normal.
Technology and Digitization
The need for technology and digitization has never been felt more strongly. Societies that already had high level of smart phone adoption roll out and usage of e-government services, and digital Citizen ID programmes coped far better with contact tracing, provision of public services to the needy, and easing of lockdown.
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What is Total Airport Management (TAM) – a concept, a collaboration, a product? It’s a question many industry stakeholders are actively debating to better understand the value proposition and the business models – what to monetize and how? The TAM (Total Airport Management) Webinar held on June 2, 2021 tapped into some of these critical queries and debates the industry is having on this evolving approach.
Throughout the intensive 11 day campaign, rockets continued to be fired at Israeli territory and while the Israeli Air Force (IAF) inflicted heavy damage in return, it failed to fully eliminate its adversary’s rocket launchers or rocket stockpiles. Nevertheless, the Israeli campaign – Operation “Guardian of the Walls” – was marked by significant achievements in the field. Among the IDF’s notable successes included eliminating most of Hamas and PIJ’s rocket manufacturing facilities; striking key infrastructure targets, particularly HQs command sites, weapon warehouses and rocket stocks; damaging around 40% of Hamas’s underground C2 tunnel system; wiping out Hamas’s Naval capabilities; and, blocking underground tunnel access from Gaza into bordering Israeli villages.
Increased geopolitical uncertainty and threat scenario has resulted in nations spending more on their defence preparedness. SIPRI has reported defence spending at USD 1.98 billion in 2020 which is 2.6% above that of 2019. The increase has come even though there has been a significant slowdown of the global economy in addition to trillions of dollars being pumped for fiscal stimulus and healthcare measures.
Frost & Sullivan’s recent analysis of the global commercial avionics industry finds that airlines’ increasing focus on improving flight operations is expediting market growth. Digital glass displays, connected flight management systems, and HUD (head-up display) are gaining traction due to the emphasis on enhancing flight operations. Airlines can also improve safety and efficiency by applying avionics systems, which encompass communication, navigation, and surveillance equipment.
Frost & Sullivan, a world-renowned driver of growth opportunity pipelines for the world’s most influential companies, today marked the 60th anniversary of the company’s founding in New York by Lore A. Frost and Dan L. Sullivan. The company plans to highlight the progress made in strengthening its core competency of identifying growth opportunities for clients, as well as highlighting strategies to bring this expertise to even more companies in the coming decades.
Frost & Sullivan’s recent analysis of the global aviation Satcom market finds that it is poised for improved flight operations and connectivity as a result of increased investment in in-flight entertainment. This will improve the passenger experience, enhance safety, and increase the efficiency of flight operations. Catalyzed by the aviation market’s shift toward more connected and smart aircraft, the market, comprising of the cockpit segment, cabin segment, and in-flight entertainment and connectivity (IFEC), is estimated to reach $730.4 million by 2030 from $527.2 million in 2020, at a 3.3% compound annual growth rate (CAGR).Read more