The global aerospace market is experiencing a significant shift towards greater efficiency and sustainability, driven by the growing demand for fuel-efficient aircraft.

The market is expected to reach $51.83 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 14.7%.

The demand for high-strength, lightweight composite materials is steering the aerospace composites market forward, with a surge in demand for single-aisle aircraft.

The global single-aisle aircraft market is projected to reach $222.20 billion by 2030, with a CAGR of 12.5%.

Airbus and Boeing are the leading manufacturers in the aerospace industry, with Airbus receiving orders for 408 new aircraft and Boeing receiving orders for 78 aircraft.

The Asia-Pacific region is expected to be the fastest-growing region, with a growing middle class and increasing demand for air travel.

The use of alternative fuels, such as sustainable aviation fuels (SAF), is becoming increasingly important in the aviation industry, with the goal of reducing carbon emissions.

The International Civil Aviation Organization (ICAO) has set a goal of net-zero emissions by 2050, and the industry is working towards achieving this goal.

The development of new, fuel-efficient aircraft is critical to achieving this goal, and manufacturers such as Airbus and Boeing are investing heavily in research and development.

Overall, the aerospace market is expected to experience significant growth in the coming decades, driven by the demand for fuel-efficient aircraft and the shift towards sustainability.

The global aerospace market is experiencing a significant shift towards greater efficiency and sustainability, driven by the growing demand for fuel-efficient aircraft.

Title:

Content:
Navigating The Skies Of Growth: Global Aerospace Composites Market Insights

(MENAFN- EIN Presswire)

Aerospace Composites Global Market Report 2024 : Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company's Aerospace Composites Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

The 2024 Global Market Report on Aerospace Composites by The Business Research Company offers insights into market size, trends, and a global forecast spanning 2024-2033.” - The Business Research Company

LONDON, GREATER LONDON, UK, December 25, 2023 /EINPresswire / -- Year End Offer By The Business Research Company - Get 33% Discount On Opportunities And Strategies Reports And 25% Discount On Global Market Reports

Market Overview: Ascending from $26.25 Billion to $29.95 Billion in 2023
The global aerospace composites market experienced robust growth, advancing from $26.25 billion in 2022 to $29.95 billion in 2023, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 14.1%. As the market evolves, it is poised for sustained expansion, projecting a market size of $51.83 billion by 2027, with a CAGR of 14.7%.

The global aerospace composites market is soaring to new heights, characterized by diverse fiber types, aircraft categories, manufacturing processes, resin varieties, and applications:
1 Fiber Type:
.Carbon Fiber Composites
.Ceramic Fiber Composites
.Glass Fiber Others
2 Aircraft Type:
.Commercial Aircraft
.Business & General Aviation
.Civil Helicopter
.Military Others
3 Manufacturing Process:
.AFP/ATL
.Lay-Up Process
.Resin Transfer Moulding Process
.Filament Winding Others
4 Resin Type:
.Benzoxazine
.Cyanate Ester
.Bismalimide
.Ceramic and Metal Matrix
.Thermosetting Others
5 Application:
.Interior
.Exterior

Explore the market with a detailed sample report:

Driving Force: Demand for High-Strength, Lightweight Materials The surge in demand for high-strength and lightweight composite materials is steering the aerospace composites market forward. The pursuit of energy efficiency and reduced fuel consumption is achieved through the use of lightweight materials, minimizing the aircraft's mass. This, in turn, leads to enhanced flight performance, structural strength, and stiffness, contributing to reduced carbon footprints. According to the '2020 State of the Industry Report' by Composites Manufacturing Magazine, the US composite end products market is anticipated to reach $33.4 billion by 2025, with glass fiber-based composites dominating the market.

Key Players Shaping the Horizon Major players shaping the aerospace composites market include Solvay, Toray Industries Inc., Mitsubishi Chemical Holdings, Hexcel Corporation, Teijin Limited, SGL Group, Spirit AeroSystems, Materion Corporation, Owens Corning, Spirit AeroSystems Inc., LEE Aerospace Inc., Gurit Holding AG, General Electric Corporation, Rolls-Royce Motor Cars Ltd., Kineco-Kaman Composites, and Nippon Graphite Fiber Corporation. These industry leaders contribute to market dynamics and foster innovation in composite material and process technologies.

Innovation Trends: Technological Advancements and Consortium Initiatives Companies in the aerospace composites market are steering their focus towards technological advancements to accelerate the development of next-generation aircraft and future mobility. Technologically advanced and modern aircraft, equipped with increased payload capacities and cost-efficiency, are replacing outdated models. For instance, GKN Aerospace, a UK-based company, launched the ASCEND consortium to advance lightweight structures, positioning the UK as a technology leader in future aerospace technologies. This initiative contributes to reducing carbon emissions and energy consumption in the aerospace industry.

Explore detailed insights into market trends, innovations, and growth opportunities with the complete report:

Regional Dynamics: North America Takes the Lead in 2022
In 2022, North America emerged as the largest region in the aerospace composites market. As the market evolves, Asia-Pacific is poised to be the fastest-growing region, offering significant opportunities for market players. The regions covered in the aerospace composites market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Aerospace Composites Global Market Report 2023 from TBRC covers the following information:
.Market size date for the forecast period: Historical and Future
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Aerospace Composites Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on aerospace composites market size, aerospace composites market drivers and trends, aerospace composites market major players, competitors' revenues, market positioning, and market growth across geographies. The aerospace composites market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

The market is expected to reach $51.83 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 14.7%.

The demand for high-strength, lightweight composite materials is steering the aerospace composites market forward, with a surge in demand for single-aisle aircraft.

Title:

Content: Friday, 08 September 2023 05:25 GMT

Global Single-Aisle Aircraft Market Is Projected To Reach The Value Of $222.20 Billion By 2030 X Herald

(MENAFN- Ameliorate Digital Consultancy) According to the latest report by Virtue Market Research, in 2022, the Global Single-Aisle Aircraft Market was valued at USD 86.6 billion and is projected to reach a market size of USD 222.20 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.5%.

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A prominent long-term driver for the Single-Aisle Aircraft market is the growing global demand for air travel. Even though the COVID-19 pandemic had a severe impact on the aviation industry, the long-term trend remains robust. The demand for single-aisle aircraft is fueled by several factors, including the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had an unprecedented impact on the aviation sector, leading to grounded fleets, reduced passenger demand, and financial strain on airlines. This setback prompted airlines to rethink their fleet strategies, with some deferring aircraft orders and retiring older aircraft to cut costs. Additionally, the pandemic accelerated the adoption of safety and hygiene measures in aircraft cabins, leading to increased investments in cabin air filtration and touchless technologies.

A notable short-term driver for the Single-Aisle Aircraft market is the rebound in domestic and regional air travel. As countries reopen their borders and vaccination efforts progress, there is a growing preference for shorter flights, leading to increased demand for single-aisle aircraft. Airlines are reactivating grounded aircraft and placing orders for new, fuel-efficient models to meet this surge in regional travel.

An exciting opportunity in the Single-Aisle Aircraft market is the development of next-generation, fuel-efficient aircraft. With a growing emphasis on sustainability and reducing carbon emissions, aircraft manufacturers are investing in research and development to create more eco-friendly models. This includes the use of advanced materials, aerodynamic improvements, and more efficient engines. Airlines that invest in these next-gen aircraft can not only reduce their environmental footprint but also benefit from lower operating costs in the long run.

One of the prominent trends observed in the Single-Aisle Aircraft industry is the rise of digitalization and connectivity. In-flight Wi-Fi, entertainment systems, and integrated passenger services are becoming standard features in modern single-aisle aircraft. Airlines are leveraging these trends to enhance the passenger experience and gain a competitive edge. Additionally, digitalization plays a crucial role in aircraft maintenance and operations, helping airlines optimize their fleet performance and reduce downtime.

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Segmentation Analysis:

The global Single-Aisle Aircraft Market segmentation includes:

By Type of Aircraft: Narrow-Body, Wide-Body, Regional Aircraft

Among these, the Narrow-Body aircraft category stands out as the largest segment. These aircraft are designed for short to medium-haul flights and are favored by airlines for their versatility and cost-efficiency. Narrow-Body aircraft are well-suited for both domestic and international routes, making them the preferred choice for many carriers.

In terms of growth, the Narrow-Body segment takes the lead yet again. The market for Narrow-Body aircraft is witnessing significant expansion due to the increasing demand for regional and domestic travel. Airlines are looking to replace older aircraft with more fuel-efficient and environmentally friendly Narrow-Body models, driving the growth of this segment.

By Engine Type: Turbofan, Turboprop

Among these categories, Turboprop engines are the largest segment. These engines are commonly found in regional aircraft that operate shorter routes and require a different set of performance characteristics compared to their Turbofan counterparts. Turboprop engines are known for their fuel efficiency and reliability, making them a preferred choice for regional carriers.

However, when it comes to growth, Turbofan engines take the lead. The demand for Turbofan-powered Single-Aisle Aircraft is on the rise, driven by the need for higher efficiency, reduced emissions, and greater operational range. Airlines are increasingly opting for Turbofan engines in their narrow-body aircraft to meet the growing demand for longer-haul regional and international flights.

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Regional Analysis:

The Single-Aisle Aircraft market spans across variregions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each of these regions has its unique characteristics and influences on the market.

Asia-Pacific emerges as the largest region in this segment. This region encompasses numerfast-growing economies, a burgeoning middle class, and a robust travel and tourism industry. As a result, airlines in Asia-Pacific have been expanding their fleets to meet the increasing demand for air travel. With a foon domestic and regional routes, narrow-body aircraft have been particularly favored in this region, contributing to its leadership in the Single-Aisle Aircraft market.

In terms of growth, Europe takes the lead. Despite being a mature aviation market, Europe is experiencing a surge in demand for narrow-body aircraft, primarily due to the need for more fuel-efficient and environmentally friendly options. European airlines are increasingly looking to modernize their fleets with state-of-the-art single-aisle aircraft, thereby driving the growth of this segment in the region.

The Middle East & Africa region also shows promise in terms of growth, driven by the emergence of airlines in the Middle East as major global players. These airlines are expanding their networks and investing in modern, fuel-efficient narrow-body aircraft to meet the growing demand for long-haul travel.

North America, with its well-established aviation industry, continues to be a significant market for single-aisle aircraft. While it may not be the fastest-growing region, North America remains a stable and vital market for these aircraft, catering to both domestic and international routes.

South America, although a smaller market compared to the other regions, also contributes to the demand for single-aisle aircraft. Airlines in South America are focusing on modernizing their fleets to enhance operational efficiency and reduce emissions.

Latest Industry Developments:

  • One of the key strategies adopted by companies is a strong emphasis on fuel-efficient and environmentally friendly aircraft. With the aviation industry facing increasing pressure to reduce carbon emissions, manufacturers are investing in the development of next-generation single-aisle aircraft with improved fuel efficiency. This includes the use of advanced materials, aerodynamic design enhancements, and the incorporation of more fuel-efficient engines. Furthermore, there is a growing trend towards the electrification of aircraft systems, including electric taxiing systems and more electric aircraft architectures. These innovations aim to reduce the overall carbon footprint of single-aisle aircraft, aligning with global sustainability goals.
  • To enhance their market share, aircraft manufacturers are expanding their global reach and customer base. They are targeting emerging markets with fast-growing air travel demand, such as Asia-Pacific and the Middle East. These regions represent significant opportunities for fleet expansion, especially with narrow-body aircraft designed for short- to medium-haul routes. Another trend is fleet modernization. Airlines, particularly in mature markets like North America and Europe, are retiring older aircraft and replacing them with state-of-the-art single-aisle aircraft. This trend is driven by the need to improve operational efficiency, reduce maintenance costs, and enhance passenger comfort. Manufacturers that offer the latest technology and fuel-efficient options have a competitive advantage in this regard.
  • Connectivity and digital solutions are becoming increasingly important in the aviation industry. Airlines are seeking aircraft equipped with advanced connectivity options to enhance the passenger experience, provide in-flight entertainment, and enable seamless inteaccess. Manufacturers are responding by integrating cutting-edge connectivity solutions into their single-aisle aircraft offerings. Additionally, the use of data analytics and predictive maintenance has gained prominence. Airlines are leveraging data from their aircraft to optimize operations, reduce downtime, and lower maintenance costs. Aircraft manufacturers are incorporating these features into their products to meet the demand for data-driven solutions.

About Us:

Virtue Market Research stands at the forefront of strategic analysis, empowering businesses to navigate complex market landscapes with precision and confidence. Specializing in both syndicated and bespoke consulting services, we offer in-depth insights into the ever-evolving interplay between global demand and supply dynamics. Leveraging our expertise, businesses can identify emerging opportunities, discern critical trends, and make decisions that pave the way for future success.

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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

The global single-aisle aircraft market is projected to reach $222.20 billion by 2030, with a CAGR of 12.5%.

Airbus and Boeing are the leading manufacturers in the aerospace industry, with Airbus receiving orders for 408 new aircraft and Boeing receiving orders for 78 aircraft.

Title:

Content: Orders for Airbus are superior to Boeing.
T + T - normal size
The first major air transport exhibition, since the beginning of the spread of the coronavirus in Dubai, showed a great disparity in terms of trade performance between the European Airbus and the American Boeing as the sector emerges from the crisis that hit it for months.
As with every high-level international gathering in the sector, attention has focused on the two major aircraft manufacturers, who are scrambling to attract orders, but competition in Dubai has not been very intense, as Airbus appeared to have overcome the COVID-19 crisis with orders and agreements announcing intentions to sell 408 new aircraft, surpassing orders from the Paris exhibition in 2019, in exchange for contracts to sell 78 Boeing aircraft. G ".
The European manufacturer has hit hard since the first day of the Dubai show on Sunday with a firm order for 255 single-aisle A-321s, a plane whose range and capacity offer passengers flexibility that increases its appeal to airlines.
Airbus president Guillaume Fawry in Dubai said: “The prospects are beginning to blossom.
Airlines are also starting to look further ahead and prepare for the post-crisis period. ”
While global travel, still at half its 2019 level, is expected to recover between 2023 and 2025, demand for new aircraft should rise in the next 20 years, according to aircraft manufacturers.
Airbus expects to sell 39,000 planes and Boeing 43,000 to cope with the increase in travel and get planes that consume less fuel and thus emit less carbon dioxide.
The U.S. aircraft maker appeared conservatively at the show, announcing in a statement a major order for 72 single-aisle 737-MAX aircraft for India ’ s newly established Akasa Air.
The 737 Max crashes, 787 production problems and delays in the adoption of the future 777X wide-body aircraft caused the company to stumble.
Boeing Commercial Director Ehsan Munir told reporters that “safety and quality will be the guiding principles of everything we do. ”
The company showed at the exhibition the 777X aircraft for the first time outside the United States, in an indication of the near licensing, especially as the Dubai-based Emirates airline alone accounts for a third of the orders on the expected aircraft, but « Boeing » did not announce the start of the process of manufacturing a cargo version of the aircraft, as was hoped in Dubai, noting that this will be « soon ».
Airbus CEO Guillaume Fawry said the range of orders the company received at the Dubai Airshow this week had boosted its hopes of increasing production.
Airbus received 265 confirmed orders at the Dubai show, narrowing the gap with Boeing, which has topped sales this year as its 737 MAX emerges from a safety crisis.
A further 139 temporary orders raised Airbus ’ Dubai tally to more than 400 aircraft, while Boeing picked up firm orders for 72 MAX jets.
Airbus has agreed to increase production to 65 single-aisle aircraft per month by 2023 from an average of 45 scheduled for this quarter.
In addition, Airbus has asked suppliers to consider production rates of 70 aircraft by early 2024 and 75 by 2025, but has not yet made a decision.
Some suppliers have criticized the plans, expressing concern that recovery from the coronavirus epidemic remains incomplete.
Fawry told Reuters in an interview this week: “We are in the process of evaluating the application.
What happened (in Dubai) is important, because it gives, along with expectations and other upcoming deals, evidence that the demand we see for 70 / 75 will continue for many years. ”
The view of demand based on orders received by Airbus and its own assumptions based on conversations with airlines is in line with the picture provided by the new Airbus market outlook published at the show.
Airbus deliveries have fallen in the past three months, partly due to supply chain disruptions.
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What happened to the market shares between Boeing and Airbus after the Covid-19 crisis?

Airbus announced order intent for 408 new aircraft, while Boeing has secured contracts for 78 aircraft.

The Asia-Pacific region is expected to be the fastest-growing region, with a growing middle class and increasing demand for air travel.

The use of alternative fuels, such as sustainable aviation fuels (SAF), is becoming increasingly important in the aviation industry, with the goal of reducing carbon emissions.

Title:

Content: Powering the sustainable aviation revolution

Atkins aerospace experts predict 44,000TWh of energy will be needed annually by 2070 to produce new, sustainable aviation fuell

A recent report released by sustainable aviation experts at Atkins, a member of the SNC-Lavalin Group, has cautioned that meeting the net zero targets set for 2050 in the aviation industry will necessitate significant changes in sustainable energy and fuel production infrastructure, particularly if commercial air transport continues to expand as expected.

The white paper, titled "Alternative Fuels for Sustainable Aviation," highlights that reducing carbon emissions in the aviation sector is not solely dependent on aircraft emissions. The report recommends the use of a mixture of alternative fuel options such as SAF, eFuel, Hydrogen, and batteries to achieve the most effective solution.

However, it also warns that the industry must be ready for the significant implications of utilising these alternative fuels and batteries to achieve the most effective solution. However, it also warns that the industry must be ready for the significant implications of using these alternative fuels and emphasises the significant impact on future energy demand that will be required to produce them.

Will we be generating enough aircraft fuel?

Based on estimated energy efficiencies and the predicted fuel mix, Atkins predicts that generating the necessary global aircraft fuel demand will require 44,000 TWh of energy per year by 2070. This represents a 5700% increase from current aviation energy generation requirements and is almost double the world’s current electricity demand.

It's not just energy generation that is now a concern, other considerations, such as fuel transportation and storage requirements, will also have to be taken into account.

Andrew Caughey, Sustainable Aviation Lead – Aerospace, Atkins says: “Aviation emissions are hard to abate, but not impossible. The sector is making huge strides in its efforts to accelerate the development of new fuels and aircraft that will help deliver zero emission flight. These advances have a wider impact beyond the aerospace industry. Whilst the future mix of low carbon alternative fuel is yet to be determined, the production, storage and transportation of fuels has implications for energy and airport infrastructure and their emissions need to be considered across the whole lifecycle, from ‘source to force’.

“Regions, governments, airports and the wider industry must adopt a holistic approach to scenario modelling when creating masterplans for the infrastructure and ecosystems that will drive the future of sustainable aviation. By understanding the full fuel mix and energy demands for sustainable aviation, governments can use the insight to inform their policy makers and actions – whether that be introducing emissions KPIs, green fuel subsidies, demand management or investing in innovation and development. Integrated system-level planning is vitally important in achieving the transition and must take into account future energy predictions.”

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What is Airbus doing to achieve sustainable aviation?

It is investing in sustainable aviation fuel production projects.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

The International Civil Aviation Organization (ICAO) has set a goal of net-zero emissions by 2050, and the industry is working towards achieving this goal.

Title:

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UN Secretary-General Urges Aviation Industry to Embrace a Carbon-Neutral Future

UN Secretary-General António Guterres called for the aviation industry to transition to clean energy and align with the ICAO's goal of net-zero emissions by 2050 at the Sustainable Regional Aviation Forum.

BNN Correspondents
New Update

United Nations Secretary-General António Guterres issued a clarion call to the aviation industry at the Sustainable Regional Aviation Forum in São Miguel, Portugal. Amidst a backdrop of the hottest year on record, Guterres highlighted the need for the aviation industry to transition from fossil fuels to clean energy sources and align with the International Civil Aviation Organization's (ICAO) ambitious goal of net-zero emissions by 2050.

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Aviation's Decarbonization Challenge

Despite being a significant pillar of global connectivity and economic sustainability, the aviation industry is notorious as one of the most challenging sectors to decarbonize, contributing to 2% of global emissions. Guterres underscored that the path towards a carbon-neutral future entails more than just offsetting emissions. The industry must actively reduce its carbon output.

Leading the Charge Towards a Carbon-Neutral Future

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The Sustainable Regional Aviation Forum presented an ideal platform for industry leaders and policymakers to deliberate on practical strategies towards achieving a carbon-neutral future. Guterres emphasized the need for developing clean fuel sources, implementing smart economic policies, and enacting regulations to support a just and equitable transition. This transition should include carbon pricing and subsidies for sustainable aviation fuels.

Significant Strides Towards Sustainability

Positive steps are already underway. Brazilian airline, Azul, has been lauded for its climate neutrality plans, approved by the Science Based Targets Initiative (SBTi). Azul aims to achieve net-zero emissions by 2045, five years ahead of the broader industry target. Furthermore, the First Movers Coalition, a global public-private partnership, has garnered over 120 commitments from 96 members to decarbonize the world's heavy-emitting sectors, with a collective estimated annual demand of $16 billion for emerging climate technologies.

In addition to these, a report titled 'The Potential Role of Ammonia as a Low Carbon Aviation Fuel' has highlighted the potential of ammonia as an alternative low carbon fuel for the aviation sector, further expanding the horizons of sustainable aviation. Guterres' call to action at the Forum is a pivotal moment in the ongoing narrative of aviation and sustainability, indicating a renewed global commitment to tackling the climate crisis head-on.

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The development of new, fuel-efficient aircraft is critical to achieving this goal, and manufacturers such as Airbus and Boeing are investing heavily in research and development.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

Overall, the aerospace market is expected to experience significant growth in the coming decades, driven by the demand for fuel-efficient aircraft and the shift towards sustainability.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.


The global aerospace market is experiencing a significant shift towards greater efficiency and sustainability, driven by the increasing demand for air travel and the need to reduce carbon emissions.

As the industry rebounds from the COVID-19 pandemic, aircraft manufacturers are entering a new phase of competition and innovation, with a focus on developing fuel-efficient aircraft.

According to a report by Virtue Market Research, the global single-aisle aircraft market is projected to reach a market size of $222.20 billion by 2030, growing at a CAGR of 12.5% from 2023 to 2030.

The demand for single-aisle aircraft is driven by the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had a significant impact on the aviation industry, with a decline in air travel demand and a subsequent decrease in aircraft orders.

However, the industry is now recovering, with airlines placing orders for new, fuel-efficient aircraft to meet the growing demand for air travel.

Airbus and Boeing are the two major players in the commercial aircraft market, with a long history of competition and innovation.

In 2022, Boeing received orders for 297 aircraft, while Airbus received orders for 85 aircraft, with Boeing leading the market in terms of orders.

The Farnborough Air Show 2022 saw a notable return of orders for Boeing, especially for its 737 MAX, and an emphasis on decarbonization.

The aviation sector is responsible for around 3% of greenhouse gas emissions, and there is a growing need to reduce carbon emissions and increase sustainability.

The use of sustainable aviation fuels, electric and hybrid-electric propulsion systems, and more efficient engine technologies are some of the ways the industry is working to reduce its environmental impact.

The global aerospace composites market is also growing, with a projected market size of $51.83 billion by 2027, driven by the increasing demand for lightweight and fuel-efficient materials.

The market is driven by the growth of the commercial aircraft sector, with companies such as Solvay, Toray Industries, and Mitsubishi Chemical Holdings leading the way in the development of advanced composites.

The Asia-Pacific region is expected to be the fastest-growing region in the single-aisle aircraft market, driven by the growing demand for air travel in countries such as China and India.

The Middle East and Africa region is also expected to see significant growth, driven by the expansion of airlines such as Emirates and Qatar Airways.

In terms of innovation, companies such as Airbus and Boeing are investing heavily in the development of new technologies, including electric and hybrid-electric propulsion systems, and advanced materials.

The use of digital technologies, such as artificial intelligence and the Internet of Things, is also becoming increasingly important in the aerospace industry, with companies using these technologies to improve efficiency and reduce costs.

Overall, the global aerospace market is expected to continue to grow and evolve in the coming decades, driven by the increasing demand for air travel and the need to reduce carbon emissions.

The companies that are best positioned to capitalize on this growth are those that are investing heavily in innovation and sustainability, such as Airbus and Boeing.

These companies are expected to lead the way in the development of new, fuel-efficient aircraft, and will be well-positioned to take advantage of the growing demand for air travel in the coming decades.

The global aerospace market is experiencing a significant shift towards greater efficiency and sustainability, driven by the increasing demand for air travel and the need to reduce carbon emissions.

As the industry rebounds from the COVID-19 pandemic, aircraft manufacturers are entering a new phase of competition and innovation, with a focus on developing fuel-efficient aircraft.

Title:

Content: Orders for Airbus are superior to Boeing.
T + T - normal size
The first major air transport exhibition, since the beginning of the spread of the coronavirus in Dubai, showed a great disparity in terms of trade performance between the European Airbus and the American Boeing as the sector emerges from the crisis that hit it for months.
As with every high-level international gathering in the sector, attention has focused on the two major aircraft manufacturers, who are scrambling to attract orders, but competition in Dubai has not been very intense, as Airbus appeared to have overcome the COVID-19 crisis with orders and agreements announcing intentions to sell 408 new aircraft, surpassing orders from the Paris exhibition in 2019, in exchange for contracts to sell 78 Boeing aircraft. G ".
The European manufacturer has hit hard since the first day of the Dubai show on Sunday with a firm order for 255 single-aisle A-321s, a plane whose range and capacity offer passengers flexibility that increases its appeal to airlines.
Airbus president Guillaume Fawry in Dubai said: “The prospects are beginning to blossom.
Airlines are also starting to look further ahead and prepare for the post-crisis period. ”
While global travel, still at half its 2019 level, is expected to recover between 2023 and 2025, demand for new aircraft should rise in the next 20 years, according to aircraft manufacturers.
Airbus expects to sell 39,000 planes and Boeing 43,000 to cope with the increase in travel and get planes that consume less fuel and thus emit less carbon dioxide.
The U.S. aircraft maker appeared conservatively at the show, announcing in a statement a major order for 72 single-aisle 737-MAX aircraft for India ’ s newly established Akasa Air.
The 737 Max crashes, 787 production problems and delays in the adoption of the future 777X wide-body aircraft caused the company to stumble.
Boeing Commercial Director Ehsan Munir told reporters that “safety and quality will be the guiding principles of everything we do. ”
The company showed at the exhibition the 777X aircraft for the first time outside the United States, in an indication of the near licensing, especially as the Dubai-based Emirates airline alone accounts for a third of the orders on the expected aircraft, but « Boeing » did not announce the start of the process of manufacturing a cargo version of the aircraft, as was hoped in Dubai, noting that this will be « soon ».
Airbus CEO Guillaume Fawry said the range of orders the company received at the Dubai Airshow this week had boosted its hopes of increasing production.
Airbus received 265 confirmed orders at the Dubai show, narrowing the gap with Boeing, which has topped sales this year as its 737 MAX emerges from a safety crisis.
A further 139 temporary orders raised Airbus ’ Dubai tally to more than 400 aircraft, while Boeing picked up firm orders for 72 MAX jets.
Airbus has agreed to increase production to 65 single-aisle aircraft per month by 2023 from an average of 45 scheduled for this quarter.
In addition, Airbus has asked suppliers to consider production rates of 70 aircraft by early 2024 and 75 by 2025, but has not yet made a decision.
Some suppliers have criticized the plans, expressing concern that recovery from the coronavirus epidemic remains incomplete.
Fawry told Reuters in an interview this week: “We are in the process of evaluating the application.
What happened (in Dubai) is important, because it gives, along with expectations and other upcoming deals, evidence that the demand we see for 70 / 75 will continue for many years. ”
The view of demand based on orders received by Airbus and its own assumptions based on conversations with airlines is in line with the picture provided by the new Airbus market outlook published at the show.
Airbus deliveries have fallen in the past three months, partly due to supply chain disruptions.
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What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

According to a report by Virtue Market Research, the global single-aisle aircraft market is projected to reach a market size of $222.20 billion by 2030, growing at a CAGR of 12.5% from 2023 to 2030.

Title:

Content: Friday, 08 September 2023 05:25 GMT

Global Single-Aisle Aircraft Market Is Projected To Reach The Value Of $222.20 Billion By 2030 X Herald

(MENAFN- Ameliorate Digital Consultancy) According to the latest report by Virtue Market Research, in 2022, the Global Single-Aisle Aircraft Market was valued at USD 86.6 billion and is projected to reach a market size of USD 222.20 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.5%.

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A prominent long-term driver for the Single-Aisle Aircraft market is the growing global demand for air travel. Even though the COVID-19 pandemic had a severe impact on the aviation industry, the long-term trend remains robust. The demand for single-aisle aircraft is fueled by several factors, including the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had an unprecedented impact on the aviation sector, leading to grounded fleets, reduced passenger demand, and financial strain on airlines. This setback prompted airlines to rethink their fleet strategies, with some deferring aircraft orders and retiring older aircraft to cut costs. Additionally, the pandemic accelerated the adoption of safety and hygiene measures in aircraft cabins, leading to increased investments in cabin air filtration and touchless technologies.

A notable short-term driver for the Single-Aisle Aircraft market is the rebound in domestic and regional air travel. As countries reopen their borders and vaccination efforts progress, there is a growing preference for shorter flights, leading to increased demand for single-aisle aircraft. Airlines are reactivating grounded aircraft and placing orders for new, fuel-efficient models to meet this surge in regional travel.

An exciting opportunity in the Single-Aisle Aircraft market is the development of next-generation, fuel-efficient aircraft. With a growing emphasis on sustainability and reducing carbon emissions, aircraft manufacturers are investing in research and development to create more eco-friendly models. This includes the use of advanced materials, aerodynamic improvements, and more efficient engines. Airlines that invest in these next-gen aircraft can not only reduce their environmental footprint but also benefit from lower operating costs in the long run.

One of the prominent trends observed in the Single-Aisle Aircraft industry is the rise of digitalization and connectivity. In-flight Wi-Fi, entertainment systems, and integrated passenger services are becoming standard features in modern single-aisle aircraft. Airlines are leveraging these trends to enhance the passenger experience and gain a competitive edge. Additionally, digitalization plays a crucial role in aircraft maintenance and operations, helping airlines optimize their fleet performance and reduce downtime.

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Segmentation Analysis:

The global Single-Aisle Aircraft Market segmentation includes:

By Type of Aircraft: Narrow-Body, Wide-Body, Regional Aircraft

Among these, the Narrow-Body aircraft category stands out as the largest segment. These aircraft are designed for short to medium-haul flights and are favored by airlines for their versatility and cost-efficiency. Narrow-Body aircraft are well-suited for both domestic and international routes, making them the preferred choice for many carriers.

In terms of growth, the Narrow-Body segment takes the lead yet again. The market for Narrow-Body aircraft is witnessing significant expansion due to the increasing demand for regional and domestic travel. Airlines are looking to replace older aircraft with more fuel-efficient and environmentally friendly Narrow-Body models, driving the growth of this segment.

By Engine Type: Turbofan, Turboprop

Among these categories, Turboprop engines are the largest segment. These engines are commonly found in regional aircraft that operate shorter routes and require a different set of performance characteristics compared to their Turbofan counterparts. Turboprop engines are known for their fuel efficiency and reliability, making them a preferred choice for regional carriers.

However, when it comes to growth, Turbofan engines take the lead. The demand for Turbofan-powered Single-Aisle Aircraft is on the rise, driven by the need for higher efficiency, reduced emissions, and greater operational range. Airlines are increasingly opting for Turbofan engines in their narrow-body aircraft to meet the growing demand for longer-haul regional and international flights.

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Regional Analysis:

The Single-Aisle Aircraft market spans across variregions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each of these regions has its unique characteristics and influences on the market.

Asia-Pacific emerges as the largest region in this segment. This region encompasses numerfast-growing economies, a burgeoning middle class, and a robust travel and tourism industry. As a result, airlines in Asia-Pacific have been expanding their fleets to meet the increasing demand for air travel. With a foon domestic and regional routes, narrow-body aircraft have been particularly favored in this region, contributing to its leadership in the Single-Aisle Aircraft market.

In terms of growth, Europe takes the lead. Despite being a mature aviation market, Europe is experiencing a surge in demand for narrow-body aircraft, primarily due to the need for more fuel-efficient and environmentally friendly options. European airlines are increasingly looking to modernize their fleets with state-of-the-art single-aisle aircraft, thereby driving the growth of this segment in the region.

The Middle East & Africa region also shows promise in terms of growth, driven by the emergence of airlines in the Middle East as major global players. These airlines are expanding their networks and investing in modern, fuel-efficient narrow-body aircraft to meet the growing demand for long-haul travel.

North America, with its well-established aviation industry, continues to be a significant market for single-aisle aircraft. While it may not be the fastest-growing region, North America remains a stable and vital market for these aircraft, catering to both domestic and international routes.

South America, although a smaller market compared to the other regions, also contributes to the demand for single-aisle aircraft. Airlines in South America are focusing on modernizing their fleets to enhance operational efficiency and reduce emissions.

Latest Industry Developments:

  • One of the key strategies adopted by companies is a strong emphasis on fuel-efficient and environmentally friendly aircraft. With the aviation industry facing increasing pressure to reduce carbon emissions, manufacturers are investing in the development of next-generation single-aisle aircraft with improved fuel efficiency. This includes the use of advanced materials, aerodynamic design enhancements, and the incorporation of more fuel-efficient engines. Furthermore, there is a growing trend towards the electrification of aircraft systems, including electric taxiing systems and more electric aircraft architectures. These innovations aim to reduce the overall carbon footprint of single-aisle aircraft, aligning with global sustainability goals.
  • To enhance their market share, aircraft manufacturers are expanding their global reach and customer base. They are targeting emerging markets with fast-growing air travel demand, such as Asia-Pacific and the Middle East. These regions represent significant opportunities for fleet expansion, especially with narrow-body aircraft designed for short- to medium-haul routes. Another trend is fleet modernization. Airlines, particularly in mature markets like North America and Europe, are retiring older aircraft and replacing them with state-of-the-art single-aisle aircraft. This trend is driven by the need to improve operational efficiency, reduce maintenance costs, and enhance passenger comfort. Manufacturers that offer the latest technology and fuel-efficient options have a competitive advantage in this regard.
  • Connectivity and digital solutions are becoming increasingly important in the aviation industry. Airlines are seeking aircraft equipped with advanced connectivity options to enhance the passenger experience, provide in-flight entertainment, and enable seamless inteaccess. Manufacturers are responding by integrating cutting-edge connectivity solutions into their single-aisle aircraft offerings. Additionally, the use of data analytics and predictive maintenance has gained prominence. Airlines are leveraging data from their aircraft to optimize operations, reduce downtime, and lower maintenance costs. Aircraft manufacturers are incorporating these features into their products to meet the demand for data-driven solutions.

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Virtue Market Research stands at the forefront of strategic analysis, empowering businesses to navigate complex market landscapes with precision and confidence. Specializing in both syndicated and bespoke consulting services, we offer in-depth insights into the ever-evolving interplay between global demand and supply dynamics. Leveraging our expertise, businesses can identify emerging opportunities, discern critical trends, and make decisions that pave the way for future success.

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The demand for single-aisle aircraft is driven by the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had a significant impact on the aviation industry, with a decline in air travel demand and a subsequent decrease in aircraft orders.

Title:

Content: [Pictures] Farnborough Air Show 2022: nice resumption after 4 years of absence, but mood was below previous editions

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The Farnborough Air Show 2022 which ended last Friday was marked by a notable return of orders for Boeing, especially for its 737 MAX, and the emphasis on decarbonisation. But after four years of absence, the event seemed halfhearted compared to previous editions.

(Text and photographs by our correspondents in Farnborough: Benoît Denet, Martin Gillet, Ivan Coninx, André Orban)

Was it an effect of the severe heat wave that hit England at the beginning of the show, or the absence of Russian exhibitors sanctioned after the invasion of Ukraine? Anyway, aeroplanes and helicopters, both civilian and military, displayed along the tarmac as well as in flight demonstrations, were fewer than in the past.

Airbus vs Boeing

With 297 orders and commitments that we detailed in earlier articles, Boeing is far ahead of Airbus and its 85 orders, but a long way from the more than 1,400 planes ordered during the previous edition of Farnborough in 2018. Boeing had a long way to catch up after the two-year grounding of the 737 MAX following the crash of two aircraft claiming the lives of 345 people, and the recurring problems with the still grounded 787 Dreamliner and the certification of the 777X which keeps getting delayed. Nevertheless, the 777-9 and the 737-10 made stunning in-flight demonstrations at the show.

The big subject for Airbus today is less to increase the size of the order book than to deliver the planes“, according to its president Guillaume Faury, while the chain of suppliers is struggling to keep up with rate increases.

For Boeing, “the time is always for humility“, according to commercial director Ihssane Mounir. He observes that from the commercial point of view, the recovery is well underway.

The other manufacturers, Embraer and ATR, recorded few sales despite the presence of their latest more fuel-efficient aircraft. The business and leisure aircraft manufacturers (Gulfstream, Textron, Piaggio, …) were also rather discreet. A few e-VTOL aircraft (or should we say drones) were presented as the future of short-distance air mobility.

Decarbonisation, an urgent issue

The aviation sector, responsible for some 3 percent of greenhouse gas emissions, is under pressure to reduce its environmental footprint. Farnborough highlighted many initiatives to be more climate-friendly. British engine manufacturer Rolls-Royce has thus announced partnerships on an early concept of a hydrogen engine, fuel cell systems and electric propulsion.

Airbus has put forward several innovations such as a CO2 capture and storage project, or a prototype wing made of composite materials which will reduce the aircraft’s drag and fuel consumption.

Engine manufacturer CFM, a joint venture between General Electric and Safran, has announced that it will test in flight on an A380 an “open fan” engine (i.e. without a nacelle) as part of its RISE project aimed at developing an engine consuming 20% less fuel.

Defence remained quiet

Despite the war in Ukraine and rising defence budgets in Europe, military aeronautics remained discreet throughout the show. The main announcement concerned the launch of a demonstrator, which must fly within five years, of the future British Tempest combat aircraft presented in the BAE building.

Aviation24.be was present at the Farnborough International Air Show 2022 and is proud to present the following photographs of both the static display and the in-flight demonstrations enabling the pilots to show some stunning capabilities of large commercial aircraft.

However, the industry is now recovering, with airlines placing orders for new, fuel-efficient aircraft to meet the growing demand for air travel.

Title:

Content: 2021: Airlines Survived the Pandemic and Look Ahead

Business | December 21, 2021, Tuesday // 10:31
BNR

Airlines have survived the nightmarish 2020 for them, adapted to the pandemic conditions of 2021 and are now confidently looking ahead. Despite the emergence and spread of the still poorly researched version of Omicron, which has caused fear among some governments and led to new restrictive measures, investors are betting that the recovery of the global aviation market will continue.

A sure sign of this came last month from the air show in Dubai, according to Reuters. At the exhibition, Air Lease Corp. CEO Stephen Udvar-Hazi and several other companies led by Indigo Partners founder Bill Frankie ordered a total of more than 300 aircraft.

Compared to previous years, the deals are not impressive, but given the collapse of the industry in the last 18 months, they outline a new trend - the global airline business is returning. However, one element remains the same: the duel between Airbus and Boeing is doomed to continue.

It was shown by a series of orders last week. Singapore Airlines announced on Wednesday that it intends to replace its aging fleet of Boeing cargo planes with Airbus' new A350s, which feature a lightweight design. With this deal, the European company is on its way to seriously enter the air cargo sector, which until recently was dominated entirely by Boeing.

At the same time, the Australian Qantas announced that it will continue to rely on Airbus aircraft for its domestic flights, and the Air France-KLM consortium is facing a major deal with the European aircraft manufacturer.

Qantas has ordered 20 A321XLRs and 20 A220-300s with the option of 94 more in the future. The deal rose Airbus shares by 3 percent in a matter of hours. "KLM" is on its way to guarantee several dozen A321 aircraft.

The pandemic and climate have changed the business plans of aircraft manufacturers and airlines, and the trend is now increased demand for smaller and greener models at the expense of heavy machinery designed to carry many passengers.

Last week also marked the end of an era after Airbus delivered the last ordered A380 to the Emirates, closing a page in the history of civil flight. Although impressive in terms of capabilities and characteristics, the A380 super jumbo failed to realize its commercial potential and out of the planned over 1,000, only 272 aircraft were produced and delivered. It will continue to fly for a long time, but it will not leave the assembly line again.

"Airlines are increasingly thinking about their long-term plans, and especially about the environmental and social consequences and good governance," Reuters quoted Rob Morris, head of Ascend. "Everyone is saying to themselves, 'If I don't think about rebuilding the flotilla now, I'll be behind,'" he added.

Both Airbus and Boeing sold out everything by the middle of the decade, with a focus on mid-range aircraft, but the boom in pre-pandemic deals is unlikely to return any time soon. However, as years pass from the order to the actual delivery of the aircraft, the airlines can now make plans for the second half of the decade. "This is a market for buyers and a great time for them to take advantage of the situation," said aviation consultant Brendan Sobie.

Despite the uncertainty caused by the still untamed pandemic, the orders of Airbus and Boeing for the first 11 months of 2021 reached a total of 1439 aircraft, which is three times more than in 2020. The growth is largely due to the fact that Boeing's 737 MAX was again allowed to fly after a long ban caused by two fatal crashes.

Whether investors betting on new aircraft will be right depends on many factors. Among them are travel opportunities in 2022, the impact of Omicron, strict border controls, especially by China, and others, analysts say. According to Eamonn Brennan, CEO of Eurocontrol, any delay in opening the Chinese market beyond the last quarter of next year will hit the recovery of the aviation sector hard.

It also depends on the implementation of the required environmental objectives. New aircraft models reduce emissions by about 15 percent compared to previous ones, and the sector as a whole plans to reach net zero emissions by 2050. In the short term, however, the industry is forced to rely on energy producers to supply cleaner fuel.

/BTA

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What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Airbus and Boeing are the two major players in the commercial aircraft market, with a long history of competition and innovation.

In 2022, Boeing received orders for 297 aircraft, while Airbus received orders for 85 aircraft, with Boeing leading the market in terms of orders.

The Farnborough Air Show 2022 saw a notable return of orders for Boeing, especially for its 737 MAX, and an emphasis on decarbonization.

The aviation sector is responsible for around 3% of greenhouse gas emissions, and there is a growing need to reduce carbon emissions and increase sustainability.

Title:

Content: 12% of the total demand for fossil fuels from the aviation sector
2022 / 10 / 22 | 15: 16 - Source: Yes Iraq
(This is news from Iraq.)
YES IRAQ: FOLLOW
A virtual seminar hosted by the King Abdullah Petroleum Studies and Research Center (KAPSARC) discussed the drivers of increased energy demand in the aviation sector and the future of jet fuel.
The participants revealed that fossil fuels dominated the demand of the global aviation sector, accounting for about 12% of the total energy demand in the transport sector, second only to the road transport sector, noting that the traditional fossil fuels used in the road transport sector are being replaced by low-carbon alternatives.
The ICAO Carbon Offsetting and Reduction Plan for International Aviation has long-term objectives for the aviation industry, based on developments in aircraft technologies, operational and infrastructure improvements, and measures that include compensatory mechanisms, sustainable jet fuel and low-carbon jet fuel.
According to the seminar, the aviation sector transported more than $7 trillion in goods in 2019, in addition to transporting 4 billion passengers, as the pace of demand for aviation increased significantly in regional, local and international markets, creating about 70 million jobs in aviation and related industries in the world, but the pandemic caused the largest decline in the pace of demand in recent decades.
Before the COVID-19 pandemic, the aviation industry was characterized by affordable travel for consumers, leading to increased connectivity rates, while airlines made efforts to enhance efficiency through the passenger load factor, but it did not apply to cargo, noting that lower consumer prices increase efficiency and unit performance, i.e. lower emissions per passenger per kilometer.
They added that it is difficult for airlines to raise prices to increase revenues because the airline industry has become highly competitive even for routes they own, and the potential entry of new airlines and network structures puts more pressure on airlines, explaining that the pressure comes from rival airlines that go to the same destinations, but using alternative routes and as a result, competition in the aviation sector has intensified.
The participants pointed out that airlines aim to buy more airlines to control the market, avoid losing market share, and turn them into larger organizations using a variety of business models, noting that technical development, increased operational efficiency and the spread of alternative fuels in the future will play a critical role in creating more efficient aviation systems around the world. is an ongoing challenge in the years ahead.
They explained that the development of urban air mobility solutions through electric vertical take-off and landing technology of the future will depend to a large extent on the right policy framework being implemented.
They noted that the aviation industry and manufacturers are still working to address the current challenges associated with market evolution, new technologies and the use of fossil fuel-based fuels, and the deployment of non-fossil fuels and other alternative sources such as hydrogen and electric power, calling for policies and incentives to play a major role in supporting the global transformation of aviation to become more environmentally sustainable.
Participants stressed that the use of renewable energy at the stages of the low-carbon aviation fuel supply chain can reduce the carbon intensity of low-carbon aviation fuel, noting that this includes the use of renewable energy sources in oil fields and refineries and carbon capture and storage to reduce refinery emissions.
Recent studies of the world ’ s 9,000 oil fields and refineries at 500 refineries have shown that carbon intensity can be reduced by three factors: innovation-oriented policy formulation, the development and consumption of low-emission fuels, and the use of different technologies to reduce emissions.
Low-carbon jet fuel is at least 10% less carbon-intensive than commercial jet fuel.
They pointed out that the use of cooking oil as a biofuel for aircraft depends on the quantities used more than once, which may be limited availability, while electronic fuel has a low carbon intensity due to the level of emissions of commercial aircraft to zero in the combustion process, as well as the use of this type of fuel for renewable energy sources.
Participants noted that there is only one commercial technology for sustainable aviation fuel: the path of hydrogen-treated esters and fatty acids, so these esters will remain the main source of sustainable low-carbon aviation fuel over the next decade, while other technologies rely on facilities that are either under construction or at an early stage of commercial readiness.
Colloquium participants predicted that fully commercial technologies would be three to four times more expensive than the cost of the path of hydrogen-treated esters and acids.
While the price gap between sustainable jet fuel and conventional jet fuel is significant, the production of sustainable jet fuel through co-processing, which is not widely used in existing refineries, will become critical, particularly in areas where raw materials are available.
They pointed out that the main obstacle to sustainable aviation fuel, which prevents it from benefiting a real environment, is the way it is produced, pointing out that although sustainable aviation fuel is a key enabler to meet the industry ’ s emissions reduction aspirations, it helps the industry achieve the maximum reduction of carbon emissions.
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The use of sustainable aviation fuels, electric and hybrid-electric propulsion systems, and more efficient engine technologies are some of the ways the industry is working to reduce its environmental impact.

Title:

Content: People 's Daily Online > > Economy and Technology
Future aviation, open up imaginary space
March 21, 2024 09: 00 | Source: Guangming Daily
Small number
Original title: Future aviation, open up imaginary space
What will the future of aviation look like?
From materials to engines, from communications to energy power, people are guessing where the disruptive changes will occur? In general, material manufacturing is the foundation of aviation development, energy power has a decisive impact on aircraft, and information electronics will change the traditional aviation form in an all-round way......
1.
Aircraft development aimed at high energy, intelligent
The "double carbon" goal requires civil aviation to develop in the direction of green and low-carbon, and civil aviation will be more environmentally friendly, safer and more economical.
The general trend of the development of aviation science and technology is the compound development of high energy and intelligence, high energy for "body" and intelligence for "soul".
High energy is more control of energy and matter, which determines the physical boundary that aviation equipment can achieve, and has a direct impact on performance indicators such as flight height, range, speed and mobility.
Intelligence is the control of the information domain and the cognitive domain, which determines the ability of aviation equipment to use, and can achieve higher efficiency and more accurate decision-making.
Aviation high energy mainly includes high kinetic energy, high energy supply, efficient energy use and so on.
The high kinetic energy mainly corresponds to the technical innovation direction of the aviation platform.
High-speed flight, ultra-maneuverability, long-time stagnation and so on are the core demands of its development, speed from subsonic, supersonic to hypersonic, altitude from low altitude, hollow to high altitude, near space, time from hours, tens of hours to days and so on.
High kinetic energy can play an important role in the field of aviation, such as the application of low-noise supersonic civil aircraft.
High energy supply mainly corresponds to the technical innovation direction of aviation power.
Large push weight ratio, high fuel efficiency, high power extraction and new energy system are becoming the main development trend of aviation power system, including the active flow control of intake and exhaust, high pressure ratio gas pressure system, new concept power system and other related technologies are currently the hot direction of aviation power research.
In addition, electric aircraft and hydrogen-powered technology will also become the cutting edge of low-carbon, creating greater environmental and economic potential for the future civil aviation industry.
The efficient use of energy mainly corresponds to the technical innovation direction of aviation electromechanical.
Among them, multi-electric / all-electric technology, whole-machine energy optimization, and transformative energy transmission and storage will play a key role in the aviation power electrical system, thereby greatly improving the performance level of the aircraft.
The core of aviation intelligence is to make the aircraft have the ability of autonomous perception, autonomous decision-making, autonomous execution and autonomous evolution.
The autonomous sensing enables the aircraft to classify and identify complex environments and targets through the fusion of various sensors and data, and generates information that can be used for decision-making. Based on the "autonomous genetic evolution" algorithm, the autonomous evolution can make the intelligent aircraft have the characteristics of a living body, and the cognitive decision-making level can evolve in real time through continuous learning, and the ability can be independently improved to cope with a new environment.
It should be said that intelligence will greatly improve the perception, decision-making, execution, and learning capabilities of aircraft in different environments, and will open up greater imagination for future aviation.
2. Metamaterials, intelligent structures or will bring about disruptive changes
In the field of aviation, there is a saying that "one generation of materials and one generation of equipment", it can be seen that material properties are crucial to aircraft performance.
In addition, the aviation industry is essentially a high-end equipment manufacturing industry, and manufacturing technology is important for achieving stable large-scale batch production.
With the development of technology, the aviation industry is entering the era of material and manufacturing integration, and it has also made the field of material manufacturing an important source of disruptive technologies.
Metamaterials are man-made materials that achieve supernormal physical properties by artificially designing internal structures, and their basic structural unit scale is smaller than its wavelength, which can control the propagation of light waves, radio waves and mechanical waves. Typical metamaterials include left-handed materials, photonic crystals and phonon crystals.
Left-hand material is an electromagnetic metamaterial that can regulate and control electromagnetic waves. Its dielectric constant and permeability are both negative values. It has the characteristics of negative refraction, inverse Doppler effect, inverse Cherenkov radiation and subwavelength diffraction. Acoustic metamaterial, its band gap can inhibit elastic waves in a certain frequency range can not propagate, can achieve shock absorption and noise reduction.
Metamaterials enable reverse design from function to structure, which can have a number of potentially disruptive effects in the aviation sector:
— — Construct a metamaterial “invisibility cloak ” and a metamaterial wave-absorbing body that can achieve perfect invisibility, greatly improving the invisibility of the aircraft;
- Manufacturing small RF antennas and super-resolution imaging systems to effectively enhance detection and tracking capabilities;
The coupling design of the planar transmission antenna and the metamaterial can improve the antenna radiation efficiency and reduce the size, and promote the miniaturization and integration of the microwave radio frequency components of aviation equipment.
Intelligent structure technology integrates sensors, drivers and control elements into matrix materials to achieve self-diagnosis, self-adaptation and self-repair functions, which is one of the development directions of advanced aircraft in the future, and the main research directions are intelligent skin and self-adaptive variant structures.
The intelligent skin implanted thousands of micro-computing systems with sensing, processing and communication capabilities only the size of rice grains into the material, cooperatively sensing the surrounding environment, thereby regulating the overheating and overstrain areas, or adjusting the internal electromagnetic parameters, reducing electromagnetic scattering signals to achieve stealth functions.
The intelligent skin integrates functional components with the structure, and has functions such as radio detection and energy storage, which has great potential in reducing weight, saving space and improving the stealth performance of the aircraft.
The adaptive variant structure is characterized in that the adaptive variant structure is composed of a processor and a controller, and the processor is connected with the processor.
The intelligent structure is characterized in that the intelligent structure is composed of a wing self-adaptive structure and a wing self-adaptive structure, wherein the wing self-adaptive structure is arranged on the wing self-adaptive structure; the wing self-adaptive structure is arranged on the wing self-adaptive structure; and the intelligent structure is arranged on the wing self-adaptive structure.
Changes in engines and fuels, or will profoundly change the future of aviation
The engine and fuel can be seen as the heart and blood of the aircraft, and disruptive developments in this field will profoundly change the future of aviation.
The application of sustainable aviation fuel (SAF) is considered to be the most promising technology.
SAF refers to renewable, the use of the process of environmental impact of small aviation fuel, with less carbon emissions, reduce dependence on oil and other non-renewable energy, promote economic development and other advantages, mainly divided into biomass fuel, synthetic fuel, electric energy and hydrogen fuel four.
Due to the problems of high production cost, small production scale, storage and transportation difficulties, sustainable aviation fuel has not been widely used at present.
Sustainable aviation fuel technology has an irreplaceable role in helping to achieve carbon peak carbon neutrality goals and enhance energy security, and can achieve major changes in aviation power systems.
In the future, civil aviation power systems will significantly reduce aviation carbon emissions by using sustainable fuels as turbine engine fuel or directly using fuel cells to power aircraft.
Adaptive variable cycle engine is a next-generation turbofan engine that automatically switches between high thrust and high fuel efficiency modes by adjusting the thermal cycle parameters such as engine duct ratio and total pressure ratio.
The self-adaptive variable cycle engine has good economic performance and wide working range, and can meet various performance requirements, so that the future aircraft presents a multi-mission and multi-purpose development trend.
At the same time, engine technology can be shared on a variety of aircraft, and a series of engines can be derived from the benchmark engine, which can expand the scope of application of the engine and reduce the research and development cost
A rotary detonation engine (RDE) booster combustion in the form of detonation.
The coupling of shock wave and combustion wave is realized in the propagation process of detonation wave. The combustion speed is fast, and the pressure and density after wave are obviously increased.
The utility model has the advantages of simple structure, high specific punching efficiency, wide working area, etc.
Some studies believe that the thermal efficiency of the rotary detonation engine can theoretically increase by 15% compared with the current turbine engine.
In addition to being used as a power device alone, the rotary detonation engine can also be combined with a turbine engine, a ramjet engine and a rocket engine to improve the performance of the original power device.
The rotary detonation engine has become one of the most potential innovators in the field of aeronautical power in the future, and the application prospect is broad.
4. Quantum information, 5G, big data, enabling aviation technology
In recent years, as the research of artificial intelligence technology has entered the third wave, breakthroughs have been made in quantum information, 5G, big data, etc., which has quickly become a hot research direction and an important source of aviation enabling technology.
Brain-computer interaction, also known as brain-computer interface (BCI) technology in the field of aviation has great application value, the world is actively studying. In 2013, the University of Minnesota achieved the first human brain wave control four-axis remote control aircraft; in May 2014, the German "brain flight" program realized the pilot with the brain precision control flight.
Brain-computer interface technology can create a new type of aircraft control.
Perhaps, in the future, the aviation field can directly control the aircraft by the brain, reduce or completely replace the limb operation, and greatly change the traditional man-machine interface.
Perhaps, in the future, the aviation field can learn from the structure and operation of the human brain, develop a new information processing system, and give the avionics system a new function and form.
Perhaps, the future can be combined with virtual reality technology, applied to flight simulation training, can effectively reduce training costs and improve training safety.
In recent years, quantum information technology has made great progress in theory and experiment.
In theory, more advanced theories such as quantum error correction codes have been mastered, which has greatly improved the fault tolerance rate of quantum computing; in experiments, countries have invested a lot of resources in research and development.
Quantum information technology will change the traditional avionics form in an all-round way.
For example, quantum computing superconventional computing power can not only achieve the optimization of aircraft research and development, but also accelerate the training and implementation of artificial intelligence algorithms, and improve the efficiency of system command and decision-making; for example, quantum communication can provide high-speed confidential communication guarantee, and inertial navigation based on quantum gyroscopes can greatly improve the autonomous navigation accuracy of aviation vehicles.
Multidisciplinary cross-field is an important source of disruptive technologies, and interdisciplinary, cross-field integration innovation is also a feature of the aviation field, which makes a number of aviation disruptive technologies reflect the characteristics of cross-integration innovation.
After decades of development, China's aviation industry has made brilliant achievements.
Entering the new era, the exploration and research and industrialization of disruptive technologies is an important support for the realization of aviation power, and it is also an extremely complex system engineering, which requires strategic planning and layout and strategic focus to promote development.
Strengthening the original innovation is the only way to achieve a high level of development in the aviation field in the new era, and taking disruptive technology as the traction is an important grasp of the new era of aviation to achieve lane change and overtaking, and it is necessary to take the initiative to carry out scanning, identification and prediction of aviation disruptive technology, and firmly grasp the pulse of future aviation development.
(Author: Fan Huitao, academician of the Chinese Academy of Engineering, researcher of China Aviation Industry Group Co., Ltd.)
All images in this edition are Bright Pictures / Visual China except for the signature
(Edited by: Luo Zhi, Li Nanhua)
Public Number ： People 's Network Finance
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What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is investing in sustainable aviation fuel production projects.

It is working on adopting innovative strategies.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

The global aerospace composites market is also growing, with a projected market size of $51.83 billion by 2027, driven by the increasing demand for lightweight and fuel-efficient materials.

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Navigating The Skies Of Growth: Global Aerospace Composites Market Insights

(MENAFN- EIN Presswire)

Aerospace Composites Global Market Report 2024 : Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company's Aerospace Composites Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

The 2024 Global Market Report on Aerospace Composites by The Business Research Company offers insights into market size, trends, and a global forecast spanning 2024-2033.” - The Business Research Company

LONDON, GREATER LONDON, UK, December 25, 2023 /EINPresswire / -- Year End Offer By The Business Research Company - Get 33% Discount On Opportunities And Strategies Reports And 25% Discount On Global Market Reports

Market Overview: Ascending from $26.25 Billion to $29.95 Billion in 2023
The global aerospace composites market experienced robust growth, advancing from $26.25 billion in 2022 to $29.95 billion in 2023, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 14.1%. As the market evolves, it is poised for sustained expansion, projecting a market size of $51.83 billion by 2027, with a CAGR of 14.7%.

The global aerospace composites market is soaring to new heights, characterized by diverse fiber types, aircraft categories, manufacturing processes, resin varieties, and applications:
1 Fiber Type:
.Carbon Fiber Composites
.Ceramic Fiber Composites
.Glass Fiber Others
2 Aircraft Type:
.Commercial Aircraft
.Business & General Aviation
.Civil Helicopter
.Military Others
3 Manufacturing Process:
.AFP/ATL
.Lay-Up Process
.Resin Transfer Moulding Process
.Filament Winding Others
4 Resin Type:
.Benzoxazine
.Cyanate Ester
.Bismalimide
.Ceramic and Metal Matrix
.Thermosetting Others
5 Application:
.Interior
.Exterior

Explore the market with a detailed sample report:

Driving Force: Demand for High-Strength, Lightweight Materials The surge in demand for high-strength and lightweight composite materials is steering the aerospace composites market forward. The pursuit of energy efficiency and reduced fuel consumption is achieved through the use of lightweight materials, minimizing the aircraft's mass. This, in turn, leads to enhanced flight performance, structural strength, and stiffness, contributing to reduced carbon footprints. According to the '2020 State of the Industry Report' by Composites Manufacturing Magazine, the US composite end products market is anticipated to reach $33.4 billion by 2025, with glass fiber-based composites dominating the market.

Key Players Shaping the Horizon Major players shaping the aerospace composites market include Solvay, Toray Industries Inc., Mitsubishi Chemical Holdings, Hexcel Corporation, Teijin Limited, SGL Group, Spirit AeroSystems, Materion Corporation, Owens Corning, Spirit AeroSystems Inc., LEE Aerospace Inc., Gurit Holding AG, General Electric Corporation, Rolls-Royce Motor Cars Ltd., Kineco-Kaman Composites, and Nippon Graphite Fiber Corporation. These industry leaders contribute to market dynamics and foster innovation in composite material and process technologies.

Innovation Trends: Technological Advancements and Consortium Initiatives Companies in the aerospace composites market are steering their focus towards technological advancements to accelerate the development of next-generation aircraft and future mobility. Technologically advanced and modern aircraft, equipped with increased payload capacities and cost-efficiency, are replacing outdated models. For instance, GKN Aerospace, a UK-based company, launched the ASCEND consortium to advance lightweight structures, positioning the UK as a technology leader in future aerospace technologies. This initiative contributes to reducing carbon emissions and energy consumption in the aerospace industry.

Explore detailed insights into market trends, innovations, and growth opportunities with the complete report:

Regional Dynamics: North America Takes the Lead in 2022
In 2022, North America emerged as the largest region in the aerospace composites market. As the market evolves, Asia-Pacific is poised to be the fastest-growing region, offering significant opportunities for market players. The regions covered in the aerospace composites market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Aerospace Composites Global Market Report 2023 from TBRC covers the following information:
.Market size date for the forecast period: Historical and Future
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Aerospace Composites Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on aerospace composites market size, aerospace composites market drivers and trends, aerospace composites market major players, competitors' revenues, market positioning, and market growth across geographies. The aerospace composites market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:
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Aerospace Materials Global Market Report 2023
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About The Business Research Company
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What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

The market is driven by the growth of the commercial aircraft sector, with companies such as Solvay, Toray Industries, and Mitsubishi Chemical Holdings leading the way in the development of advanced composites.

The Asia-Pacific region is expected to be the fastest-growing region in the single-aisle aircraft market, driven by the growing demand for air travel in countries such as China and India.

The Middle East and Africa region is also expected to see significant growth, driven by the expansion of airlines such as Emirates and Qatar Airways.

In terms of innovation, companies such as Airbus and Boeing are investing heavily in the development of new technologies, including electric and hybrid-electric propulsion systems, and advanced materials.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

The use of digital technologies, such as artificial intelligence and the Internet of Things, is also becoming increasingly important in the aerospace industry, with companies using these technologies to improve efficiency and reduce costs.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Overall, the global aerospace market is expected to continue to grow and evolve in the coming decades, driven by the increasing demand for air travel and the need to reduce carbon emissions.

The companies that are best positioned to capitalize on this growth are those that are investing heavily in innovation and sustainability, such as Airbus and Boeing.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

These companies are expected to lead the way in the development of new, fuel-efficient aircraft, and will be well-positioned to take advantage of the growing demand for air travel in the coming decades.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.