Aerospace and Defense

Format: 2017-02-23
Format: 2017-02-23
February 21, 2017 | 70 Pages | SKU: IRTNTR11486

Overview of the global commercial satellite imaging market

According to Technavio’s analysts, the global commercial satellite imaging market is anticipated to grow rapidly and post a CAGR of more than 11% during the forecast period. The growing application of satellite imaging in geological research sector will drive the growth prospects for the commercial satellite imaging market for the next four years. Satellite imaging in geological research is necessary to identify roads, inhabited regions, forests, and unearth several natural and human-made foundations. For instance, the lifting of the seabed of Kaikoura coastal region revealed a large land that was an ancient city of the country. The unearthed natural and human-made land can be marketed as a tourist destination, developed into a new city, or used as a trade port or sea dock, which, in turn, improves the economic conditions of an economy. The live satellite images are also used for telemetry applications to determine the location of the transmitter on the ground by tracking the movement of targets on earth. Some of the major applications of satellite telemetry are witnessed in various sectors such as civil, commercial, government, and military units.

The growing application of satellite imaging in disaster management will drive the growth prospects for the commercial satellite imaging market during the forecasted period. Since earth observation satellites that use satellite imaging transmit data in the form of images to the scientists and meteorologists, it will help disaster relief teams to devise better strategies for the provision of relief and help nations to prepare for disasters


February 21, 2017 | 70 Pages | SKU: IRTNTR12074

Overview of the commercial vehicle EGR system market in APAC

Market research analysts at Technavio predict that the commercial vehicle exhaust gas recirculation (EGR) system market in APAC will grow steadily during the next four years and in terms of units, will post a CAGR of almost 5% by 2021. This market research analysis identifies the growth of the e-commerce industry in countries such as China as one of the primary growth factors for this market. Due to factors such as the rise in usage of the Internet, increased number of online shoppers, and the rise in per capita income of the people, the recent years witnessed a significant increase in the growth of the e-commerce industry in Asia. It has been observed that due to features such as the availability of multiple opportunities for customers to choose from and real-time reviews on products, the e-commerce industry will post an impressive growth in China during the predicted period. This will demand the need for express delivery services and induce delivery service providers to purchase new commercial vehicles to meet the rising demand, subsequently fueling the growth of the EGR systems market in the next few years.

With the increasing awareness towards the need to reduce pollution levels, governments in the region will start focusing on encouraging the usage of natural gas engines in commercial vehicles, since a natural gas engine produces about 25% fewer carbon emissions than a diesel engine. A few countries in the APAC have already started initiatives to promote the adoption of


February 20, 2017 | 85 Pages | SKU: IRTNTR12070

Overview of the global airport automated security screening market

Technavio’s market research analyst predicts that the global airport automated security screening market will post a CAGR of nearly 5% during the forecast period. One of the primary drivers for the market is the increasing security threats. To prevent threats such as hijacking and placing explosives in an aircraft, the airport authorities are gradually increasing the need for implementing effective passenger security screening systems all over the globe. Solutions like a biometric-based automated passenger verification system which is a next-generation security solution implemented by the London's Gatwick Airport is a fine example of innovation in the market. A solution developed with Human Recognition Systems, a UK-based technology developer and the airport authorities, allows informed gate control and alert decisions driven by precise passenger movement information. Fitted with an iris recognition technology to admit passengers along with automated boarding trial for passengers, the system allows you to check-in and deposit registered luggage through designated self-service bag drops. The technology lessens any sort of human error during the identification of the individual by lining up a passenger’s biometric information to an identification protocol, which in turn, allows the airport authorities to authenticate passengers through numerous stages of the process along with managing passengers across identity points.

One of the latest trends that will gain traction in the global airport automated security screening market is the evolution of the biometrics technology. The adoption of biometric technology can prevent the misuse of staff and contractor ID badges to gain entrée to unauthorized areas. The technology is extremely cost-efficient and dependable. In addition to several biometric technologies such as fingerprint, retina, face, and


February 20, 2017 | 63 Pages | SKU: IRTNTR12068

Overview of the global airport runway safety system market

According to Technavio’s analyst, the global airport runway safety system market is anticipated to grow at a steady rate and post a CAGR of more than 8% during the forecast period. The emergence of ground-based augmentation system (GBAS) for CAT-III will drive the growth prospects for the global airport runway safety system market until the end of 2021. The advanced GBAS landing system (GLS) for CATII or III precision approach allows an aircraft with an autopilot landing system to safely land with a minimum of 200-meter runway visual range (RVR) and at a decision height of 50 meters. Additionally, CAT-III GBAS also offers various benefits such as increased air traffic capacity, air traffic management, reduce air traffic noise, and enable curved approaches, and landing on close parallel runways. Moreover, research and developmental activities are conducted to reduce the technical risks associated with GBAS and authenticate new requirements in terms of GAST-D. All the above factors are likely to accelerate the rate of revenue generation in the global airport runway safety system market.

The implementation of stringent public regulations towards the development of airtight runway safety infrastructure will drive the growth prospects for the global airport runway safety system market for the next four years. For instance, the Runway Safety Area (RSA) improvements in the US ensures an


February 17, 2017 | 70 Pages | SKU: IRTNTR12038

Overview of the global aerobridge market

According to Technavio’s analysts, the global aerobridge market is anticipated to grow at a steady rate and post a CAGR of close to 6% during the forecast period. The growing number of installations in tier-2 cities of emerging economies will drive the growth prospects for the global aerobridge market until the end of 2021. One of the major factors responsible for the growing number of retrofit installations in the existing infrastructure is the growing percentage of passenger traffic inflow in tier-2 cities of emerging economies. For instance, India is planning to invest more than USD 500,000 in installing a third aerobridge structure in the Tiruchirappalli International Airport. Also, the growing number of inflow of these passengers is directly influenced by the increasing number of domestic and international flight services across the globe. Earlier, the market witnessed a huge number of international airlines employing aerobridges for bigger jets flying international routes only. However, with the growing airport passenger inflow, economies such as India is now increasingly installing and operating aerobridges for domestic flights as well.

The increasing number of installation and implementation of two-tier aerobridges will drive the growth prospects for the global aerobridge market for the next four years. Some of the major benefits of employing two-tier aerobridges are to accommodate bigger wide-bodied aircraft and enable a convenient transit of passengers from the terminal building to the aircraft and vice versa. Also, since two-tier aerobridges can serve two flights at the same time


February 17, 2017 | 63 Pages | SKU: IRTNTR12036

Overview of the global aircraft fuel cells market

According to the analyst at Technavio, the global aircraft fuel cells market is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. The reduction in fuel cell prices will drive the growth prospects for the global aircraft fuel cells market until the end of 2021. One of the major factors responsible for the reduction in the price of fuel cells is the introduction of several new techniques such as reducing the amount of platinum used in proton exchange membrane fuel cell (PEM fuel cell), which reduces the price by around 40%. Also, the installation of these fuel cells close to their point of use ensures the generation of heat and electricity from the waste heat produced due to exothermic reactions. This method of generating heat and electricity from fuel cells is known as fuel cell co-generation, which, in turn, reduces the costs of energy service by up to 20%-40% in transportation systems. All the above factors will drive the popularity of fuel cells and growth rate in the market for the next four years.

Increasing measures taken by the governments and aviation associations such as IATA, ICAO, and FAA across the globe to bring down the pollution levels due to the carbon emissions, several economies are increasingly adopting smart energy and fuel cell technologies. Some of the advantages of these aircraft fuel cells that propels the market’s growth include higher aircraft efficiency, lower carbon emissions, and eco-friendliness.

Competitive landscape and key vendors

The global aircraft fuel cells


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