Aerospace and Defense

Format: 2017-02-19
Format: 2017-02-19
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


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 16, 2017 | 63 Pages | SKU: IRTNTR12010

Overview of the global airport sleeping pods market

Technavio’s market research analyst predicts the global airport sleeping pods market to grow steadily at a CAGR of above 6% by 2021. One of the primary drivers for this market is the rapid rise in the transit and need to transfer passenger traffic. The growing aviation industry has enabled airlines to expand the connectivity between places, which has resulted in increasing frequency of flights and addition of new routes. This has concurrently given rise to the demand for luxury travel and desire for comfort through sophisticated services at affordable prices at airports. As a result of this increase in traffic, the airport authorities are investing in advanced technologies and premium terminal facilities for the convenience of passengers. Moreover, to increase their non-aeronautical revenue, the airport operators are providing innovative services such as sleeping pods and luxury lounges. This, in turn, will propel the market growth of the global airport sleeping pods market in the coming years.

One of the latest trends gaining traction in this market is the development of capsule hotels for airport passengers. In order to increase the non-aeronautical revenue, the operators are emphasizing on providing lounges. Also, the growing concept of aerotropolis surrounding the airport is a major factor contributing to the growth of the market. Further, sufficient use of airport terminal space and high consumer demand at major hubs will augment the growth of the global airport sleeping pods market in the coming years.

Competitive landscape and key vendors

The global airport sleeping pods market is highly competitive and vendors compete on the basis of product quality, reliability, cost, and aftermarket service. In order to survive and succeed in such an intensely


February 16, 2017 | 66 Pages | SKU: IRTNTR12001

Overview of the global civil aerospace simulation and training market

Technavio’s market research analyst predicts the global civil aerospace simulation and training market to grow steadily at a CAGR of around 4% by 2021. One of the primary drivers for this market is the rise in the commercial aircraft deliveries and demand for pilots. The rising growth in aircraft deliveries has led to an increased demand for pilots which, in turn, is driving the demand for flight simulators and training devices. Also, APAC being the fastest growing commercial aviation sector, represents opportunities for skilled pilots to meet the considerable demand in the region. Furthermore, the pilots in APAC needs to undergo recurrent training programs during their career. These policies coupled with the increasing passenger traffic will propel the growth of the global civil aerospace simulation and training market during the forecast period. 

One of the latest trends gaining traction in this market is the rapidly growing investments in research and innovation in the simulation and training market for commercial aircraft. Stakeholders are unswervingly investing in R&D to offer the most effective product crafted for specific aircraft investing heavily to make sure they stay competitive. The overall level of expectation for a Level D simulator is quite high, and the expectations of the customers tend to rise, the features which were previously challenging to obtain are usually expected as a bare minimum at present. These high precision requirements from the commercial aviation sector will propel the growth of the global civil aerospace simulation and training market in the coming years.

Competitive landscape and key vendors


February 15, 2017 | 62 Pages | SKU: IRTNTR11988

Overview of the global commercial aircraft leasing market

According to the Technavio’s analyst, the global commercial aircraft leasing market is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. The growth in low-cost carriers (LCC) traffic will drive the growth prospects for the global commercial aircraft leasing market until the end of 2021. Some of the major factors responsible for the growing popularity of such carriers to attract passengers in new geographical regions include fast turnaround time, simplified fleet structure, and a special focus on generating ancillary revenues. Also, the cost-effectiveness of the LCC services and no-frills services provided by lessors have gained traction in the market. Furthermore, with the growing adoption of LCC model and the expanding network, the aircraft fleets operated by airlines is also increasing, which, in turn, will fuel the growth of the commercial aircraft leasing market.

The implementation of VAT on aircraft leases will influence the aircraft leasing and will drive the growth prospects for the global commercial aircraft leasing market for the next four years. In some parts of the geographical locations, certain regulations ensure removal of VAT on fuel purchases that will boost the usage of aircraft on the lease. Also, some of the regions such as Channel Islands of Jersey and Guernsey provide complete VAT exemption.

Competitive landscape and key vendors

The global commercial aircraft leasing market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. Some of the major factors responsible for the growth of well-


February 15, 2017 | 62 Pages | SKU: IRTNTR11991

Overview of the global ailerons market for commercial aircrafts

Technavio’s market research analyst predicts the global ailerons market for commercial aircrafts to grow steadily at a CAGR of around 9% by 2021. One of the primary drivers for this market is the rise in next-generation aircrafts with fly-by-wire technology. With the advent of fly-by-wire technology, the aircraft flight control surfaces have been automated. Using fly-by-wire technology, the pilot's commands are transmitted electronically through a network of actuators placed on the wings and tail of the aircraft. The integration of this system has significantly reduced aircraft weight along with a reduction in complexities in aircraft manual controls. It also influenced a greater degree of reliability, fuel efficiency, and safety of aircraft. The fly-by-wire technology has proved to enhance aircraft operation during turbulent conditions and has a significant impact on aircraft stability of the aircraft. The above-mentioned advantages of the fly-by-wire technology will exponentially increase the adoption of this technology among manufacturers, this, in turn, will contribute significantly to the global ailerons market for commercial aircrafts during the forecast period.

One of the latest trends gaining traction in this market is the increasing shift towards multiple ailerons. The growing emphasis on effective aircraft operations generated a demand of effective control surfaces such as ailerons. This is because, at high speeds, the material of the aileron can be arched sufficiently to balance as well as reverse the direction of change of lift, which can be a challenge to the stability of the aircraft. Multiple ailerons can be employed by fly-by-wire automation systems to flex aircraft's


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