Global Nanotech-enabled Aircraft Power Solutions Market 2017-2021

Overview of the global nanotech-enabled aircraft power solutions market

Technavio's nanotech-enabled aircraft power solutions industry research report identifies that the rising demand for lightweight and fuel-efficient aircraft will be one of the primary growth drivers for the market till 2021. The International Civil Aviation Agency proposed a new standard to reduce the fuel consumption by 4%. The overall weight of the aircraft components can be reduced by using a manufacturing technique called additive manufacturing. This drives the advancement in nanotechnology and associated techniques to develop light weight aircraft components. 3D printing technologies is also an effectual manufacturing method. A team of researchers from California Institute of Technology fabricated an innovative material by crisscrossing nanoscale struts. The struts can be amassed to form materials such as ceramics and integrated into the body of aircraft. The structural and mechanical properties of this ceramic material is independent of properties such as weight. This enables the tailoring or altering of physical properties of this material as per the requirements. Consequently, nanoscale trusses made from ceramic materials are light in weight and strong. Technavio's market research analysts predict that the nanotech-enabled aircraft power solutions market growth will be at a CAGR of close to 9% by 2021.

One of the key nanotech-enabled aircraft power solutions market trends that will gain traction in the market is the emergence of zero-fuel aircraft. Zero-fuel aircraft are extensively used in applications such as agriculture, aerial photography, 3D mapping, wildlife protection, and provision of internet access in remote places. These aircrafts are made significantly lighter in comparison to the conventional average gliders using nanotechnology.

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Technavio's industry research report titled, Global Nanotech-Enabled Aircraft Power Solutions Market, will help you-

• Identify latent opportunities and explorative solutions in the nanotech-enabled aircraft power solutions market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Competitive landscape and key vendors

The nanotech-enabled aircraft power solutions market is highly competitive due to the presence of many prominent players. Vendors are trying to survive and prosper in an intensely competitive environment by offering solutions that are substantially distinguishable. They are also trying to attract both prime integrators and retrofitting service providers by focusing on maximizing the value proposition of services. The existing vendors are taking efforts to address the evolving demands of the aviation industry by offering optimum solutions to both OEMs and operators.

Key vendors in this market are -

• Airbus
• NASA
• Sila Nanotechnologies
• Cella Energy

Segmentation by application and analysis of the nanotech-enabled aircraft power solutions market

• Power generation systems
• Power storage systems

The power storage systems segment contributed the maximum shares during 2016 because nano-scale phosphate cathode materials used in lithium iron phosphate batteries offers enhanced electrochemical performance with low resistance. The development of nanotech-enabled battery systems will continue to increase in the forthcoming years due to the rising investments in the production of hydrogen fuel-powered aircraft and fuel cells.

Segmentation by geography and analysis of the nanotech-enabled aircraft power solutions market

• Americas
• APAC
• EMEA

The implementation of nanotechnology in the manufacturing process of aircraft parts and components in the Americas is increasing due to the rising number of new aircraft deliverables in the region. OEMs, component suppliers, and engine manufacturers are increasingly taking efforts to reduce the overall weight of the aircraft. This in turn, will boost the need for nanotech-enabled aircraft power solutions in this region during the predicted period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global nanotech-enabled aircraft power solutions market?
• What are the key market trends impacting the growth of the global nanotech-enabled aircraft power solutions market?
• What are the challenges to market growth?
• Who are the key vendors in the global nanotech-enabled aircraft power solutions market?
• What are the market opportunities and threats faced by the vendors in the global nanotech-enabled aircraft power solutions market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global nanotech-enabled aircraft power solutions market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming market research report on the global nanotech-enabled aircraft power solutions market offers insights into the key trends and emerging drivers influencing the growth of the aerospace and defense industry. Our market research reports for the aerospace and defense industry also follow an expansive data collection method to provide the clients with extensive knowledge and information in the field of aerospace components.

Technavio also gathers business intelligence data on key parameters such as revenue, costings, products, competition, distribution, and technology by conducting exhaustive primary and secondary research. These research methodologies help the client in understanding the impact of this business decisions on the organization and thus choose the best decision alternatives. This upcoming market research report on the global nanotech-enabled aircraft power solutions market also covers vendors like NASA, Sila Nanotechnologies, Boeing, and Insplorion.

This upcoming industry report on the global nanotech-enabled aircraft power solutions market also considers the growth of the related aerospace components market such as the aviation actuation system, which is expected to grow at a CAGR of nearly 6% during the forecasted period. According to our market research analysts, factors such as the advent of zero-fuel airplanes might influence the demand for nanotech-enabled aircraft power solutions in te near future.

The upcoming report on the nanotech-enabled aircraft power solutions market identifies other fundamental aspects of business intelligence such as demand-supply patterns, technological advancements, as well as opportunities and challenges faced by the industry. It also presents insights into the dynamically changing competitive scenario to give clients an in-depth analysis of the aerospace industry and also provides comprehensive market assessments into related sectors such as aerospace manufacturing and aerospace products.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.