Overview of the global commercial aircraft avionic systems market
The global commercial aircraft avionic systems market is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. The emergence of automatic ground collision avoidance system (Auto-GCAS) will drive the growth prospects for the global commercial aircraft avionic systems market until the end of 2021. This system monitors the trajectory of the aircraft constantly on a terrain outline, while, the terrain outline is based on an onboard digital terrain database. Also, whenever there is a threat involved, the system detects and sends a warning command to the pilot. For instance, in 2014, the auto-GCAS warned the F16 fighter jet and pilot about the threat and ensured safety. However, if the pilot ignores the warning, the GCAS will take over the control automatically and return the aircraft to a safe trajectory. Furthermore, at present, the auto-CGAS is equipped with F-35 and F-22 fighter aircraft.
The emergence of synthetic vision avionics backbone (SVAB) system has encouraged investments and research and developmental activities that will drive the growth prospects for the global commercial aircraft avionic systems market for the next four years. When this system is integrated with commercial aircraft, it shows artificial environment of obstacles to the pilot and helps the aircraft to land safely. Also, the system provides an integrated 3D environment with the help of installed databases and multiple sensors along with a sensor-impartial approach. For instance, the integration of SVAB into the Sikorsky UH-60 Black Hawk provides an effective and safe operation.
Competitive landscape and key vendors
The global commercial aircraft avionic systems market is highly competitive and diversified due to the presence of a large
Overview of the global aircraft vertical stabilizers market
The global aircraft vertical stabilizers market is anticipated to grow at a steady rate and will post a CAGR of more than 3% during the forecast period. The increasing use of composites to improve the performance of aircraft vertical stabilizers will propel the growth prospects for the global aircraft vertical stabilizers market until the end of 2021. The market has witnessed a massive shift from metals and metal compounds towards carbon fibers to be used in aircraft parts including stabilizers. For instance, the A300 series of Airbus has extensively employed composites in its horizontal and vertical stabilizers. Similarly, Boeing has planned to fabricate more than 50% of its new 787 with composites, including wings, stabilizers, and its fuselage. Also, the carbon fiber is such that it provides the required mechanical strength, matrix aligns and transfers structural load. Moreover, the structural components that are made from composites are observed to be twice the time fatigue resistance in comparison with steel. These structures are also twice as rigid as aluminum at half the weight and act as effective corrosion suppressants. Furthermore, some of the major advantages of vertical stabilizers that are fabricated from composite materials are enhanced performance and low cost of design and production.
The continual development of next-generation flight control systems will accelerate the market’s growth for the next four years. A number of improvements have been witnessed in flight control systems such as stabilizers and ailerons. For instance,
Overview of the global aerospace fasteners market
Technavio’s market research analyst predicts that the global aerospace fasteners market will grow at a CAGR of around 7% during the forecast period. Aerospace fasteners including bolts, nuts, screws, rivets, and pins, have extensive usage in commercial and military aircraft, ballistic missiles, rockets, and associated aftermarket services. The application of temperature-resistant titanium fasteners, which have a high strength-to-weight ratio, and growing investment in cabin interior products are propelling growth in this market. Both civilian aircraft and military programs are preferring titanium aerospace parts due to their lightweight property and their compatibility with carbon fiber-reinforced composite structures. Also, with the growing innovations in cabin interior products, such as customized cabins, wireless in-flight entertainment and connectivity (IFEC), interactive windows, and lightweight seats, the demand for fasteners will increase significantly over the predicted period.
With technology innovations driving product acceptance, the introduction of software such as ASRP5 that allows simulation of complex assembly processes is expected to drive the overall market. The new software assists in viewing the manufacturing process during aircraft assembly. The software experts and assembly line engineers examine and visualize the assembly process, which aids them to maximize the use of fasteners to eliminate stress. It also decreases the time required for complex joining processes and improves the production rates of single-aisle and wide-body aircraft. At present
Overview of the global heliports market
The global heliports market is anticipated to grow at a steady rate and will post a CAGR of more than 2% during the forecast period. The increasing number of skyscrapers in business hubs will drive the growth prospects for the global heliports market in the coming years. The construction industry is increasingly witnessing a huge rise in the total number of tall buildings like the skyscrapers, supertalls, and megatalls, where a small-scale heliport can be designed above the building or a couple of buildings sharing a single roof. Moreover, the benefits associated with the heliport allows building managers to use a heliport for transporting executives and clients in and out of the building. Furthermore, heliport operations do not impact or stop human activities during helicopter landing or take-off and protect normal human activity areas. One of the major factors that encourage most of the skyscrapers to have a rooftop heliport is the increasing need to address emergency incidents like a fire breakout.
The increasing focus on safer landing and take-off missions with efficient lighting technologies will drive the growth prospects for the global heliports market in the forthcoming years. One of the major trends in the rotorcraft aviation domain is increasing innovations in the heliport lighting segment. Also, the heliport infrastructure industry is witnessing a high growth due to the development of omnidirectional lighting system, which can endure rough weather conditions without compromising on performance. Moreover, the development of similar lighting equipment that functions by absorbing the solar radiation will encourage the harness of renewable energy.
Competitive landscape and key vendors
Since the global heliports market is in its nascent stage, it comprises of few multinational and regional stakeholders that offer standard
Overview of the global airport passenger screening systems market
Technavio’s market research analyst predicts the global airport passenger screening systems market to grow at a CAGR of more than 4% between 2017 and 2021. The recent increase in the air traffic across the globe has intensified the need for effective passenger and baggage screening systems to maintain operational efficiency and airport security. As passenger security screening remains a crucial aspect of airport operations, enhancement of the existing passenger screening processes can help in improving on-time performance and efficiency of an airport. In recent times, more focus is given to amending the passenger screening capabilities in the airport, both in the government and private industry. In July 2016, the TSA collaborated with the American Airlines to execute a joint initiative of incorporating new passenger and baggage screening technology, including computed tomography (CT) scanners and automated security screening lanes at some of the selected domestic and international airports in the US, where American Airlines face heavy passenger traffic.
Growing concerns over delays in passenger screening processes have propelled many airports to opt for screening services from private security providers. For instance, in April 2016, TSA, in collaboration with the Department of Homeland Security, has come up with a contract to ISS Action, which is a US-based security solution provider, to provide security screening services at the Punta Gorda Airport in Florida, US. Moreover, the International Air Transport Association (IATA) and Airports
Outlook of the global aviation actuation systems market
Technavio’s market research analyst predicts the global aviation actuation systems market to grow at a CAGR of approximately 5% by 2020. An increase in the number of aircraft worldwide is a primary driver for this market. In 2014, there were more than 20,000 aircraft in service, which is expected to double in the next 20 years. By 2034, emerging regions like Asia and the Middle East are expected to have deliveries of around 17,000 aircraft. This increase in the number of aircraft during the forecast period would simultaneously result in the steady growth of the actuation systems market.
This global market research study also predicts emerging trends, such as the advent of the automatic ground control avoidance system (Auto-GCAS), to impel market growth during the predicted period. This system enhances the safety of an aircraft by monitoring its position and by calculating its distance from the ground in real time. The ability of the Auto-GCAS system to help pilots in avoiding crashes under non-recoverable situations will spur its adoption during the forecast period.
System-based segmentation of the aviation actuation systems market
- Electric actuator
- Hydraulic actuator
- Pneumatic actuator
In this market research, analysts have estimated the hydraulic actuator segment to be the largest market segment during the predicted period. Since hydraulic actuators help to operate wheel brakes, retractable landing gear, and constant-speed propellers, their utilization in aircraft will witness a rapid increase during the forecast period. Additionally, their ability to deliver high power without consuming too much space or weight will result in this market segment’s impressive market share of more than 38% until 2020.
The aerospace industry is divided into aeronautical and astronautical engineering and encompasses researching, developing, testing, manufacturing, and selling flight vehicles. Products include fixed-wing and rotary-wing aircraft, missiles, space launch vehicles, and spacecraft.
Globally, the US is the largest market for aerospace products. The Department of Defense and NASA are the largest consumers of aerospace technology in the country.
Major manufacturers of aerospace products include Airbus, BAE Systems, Boeing, Finmeccanica, General Dynamics, Honeywell, Lockheed Martin, Raytheon, Saab AB, and Thales.
The aerospace industry has gone through significant consolidation over the last couple of decades. A number of mergers and acquisitions, joint ventures, bilateral agreements, and partnerships were instituted to improve operational efficiencies and overcome the global financial crisis of 2007-8.