The global aircraft demand is expected to grow 3.6% annually over the next 20 years, driving the need for more fuel-efficient aircraft.

The Middle East and Africa are expected to drive demand for fuel-efficient aircraft, led by airlines like Qatar Airways and Etihad.

The Asia-Pacific region, particularly India, is expected to be a key market for fuel-efficient aircraft, driven by acquisitions like Air India's 250 Airbus planes.

Asian companies, mainly Chinese and Indian, are expected to lead demand growth for fuel-efficient aircraft.

The total demand for aircraft from 2023-2042 is expected to be 40,850 units, comprising 32,630 narrow-body and 8,220 wide-body liners.

Around 17,170 old aircraft will be replaced with more energy-efficient ones over the next 20 years.

The global fleet will reach 46,560 aircraft, including 3,230 cargo ships, by 2042.

Cirium expects 45,000 fuel-efficient aircraft, worth $2.9 trillion, to be delivered by 2040.

China is expected to top the list with a 20% share in aircraft deliveries due to 6%-plus air passenger growth.

The Middle East will need 3,000 commercial planes over the next 20 years to serve growing passenger and air freight demand.

The Middle East will require 2,980 new aircraft worth $765 billion, according to Boeing.

The Asia-Pacific region will need 17,620 new aircraft and the Pacific region 920 over the next 20 years.

Demand in the Pacific will be driven by 3.2% annual growth in passenger traffic.

The Pacific's projected demand is 750 single-aisle and 170 wide-body aircraft.

Airbus expects demand for 39,490 new aircraft over the next 20 years, driven largely by the Asia-Pacific region.

Boeing expects the global civil aviation market to recover, with demand for 43,610 new aircraft over the next 20 years.

The North American market leads in demand for new aircraft, with 9,160 expected, followed by China's 8,700.

Global air passenger traffic is expected to grow 4% annually from 2019 to 2040, with the cargo fleet increasing over 70% by 2040.

The world will need 19,000 civilian aircraft worth $3.2 trillion in the next decade and $7.2 trillion by 2040.

The demand for regional jets is 2,390, single-aisle aircraft is 32,660, wide-body aircraft is 7,670, and wide-body cargo aircraft is 890 by 2040.

The global civil aviation fleet is expected to surpass 49,000 by 2040, with each of China, Europe, North America, and Asia Pacific accounting for 20% of deliveries.

The civil aviation industry will need over 7,500 new wide-body aircraft by 2040.

Single-aisle aircraft make up nearly 64% of the global passenger fleet, driving low-cost airline growth.

Over 80% of global low-cost airline capacity is in the Asia Pacific, Europe, and North America.

Intra-regional short-haul travel drives over half of the industry's growth.

China's passenger share is expected to grow from 15% in 2019 to 20% in 2040.

Asia Pacific's passenger share is expected to rise from 18% to 21% by 2040.

The aerospace industry faces significant sustainable development challenges, primarily due to climate change.

Aviation accounts for 2.5% of human carbon emissions.

The aviation industry targets zero emissions by 2050.

A survey of 325 aviation decision-makers showed consensus on sustainability.

The industry is developing electric and hydrogen technologies to reduce emissions.

Discussions with manufacturers and governments aim to accelerate sustainable technology development.

Companies are exploring the use of Sustainable Aviation Fuel (SAF) at the MEBAA Show.

Airbus aims to be carbon neutral by 2050.

Airbus is exploring hydrogen engines and seaweed-based fuels to reduce carbon emissions.

The company targets a hydrogen aircraft by 2035.

The Global Single-Aisle Aircraft Market was valued at USD 86.6 billion in 2022 and is projected to reach USD 222.20 billion by 2030.

The Single-Aisle Aircraft market is projected to grow at a 12.5% CAGR from 2023-2030.

The aerospace foam market is expected to reach USD 9.7 billion by 2032, growing at a 6.50% CAGR from 2023-2032.

The aerospace industry uses foam to reduce weight, enhancing fuel economy, insulation, sound absorption, and corrosion resistance.

Stricter global fuel standards are driving demand for lightweight, fuel-efficient aircraft.

The aerospace industry is adopting sustainable aviation fuels as part of its sustainable development commitment.

SMEs can contribute to the industry's sustainable development.

The aviation industry is trending towards enhanced passenger experiences, driven by demand for premium economy.

The aviation industry aims for net zero emissions by 2050.

Operational efficiency will contribute to the sector's net zero emissions.

IATA has approved a resolution for the air transport industry to achieve net-zero carbon emissions by 2050.

The global aviation industry produces around 2% of all emissions, or 915 million tonnes of carbon dioxide, as seen in 2019.

Global aviation CO2 emissions rose from 34.3 billion tons in 2020 to 36.8 billion tons in 2022.

The International Civil Aviation Organization has set targets to reduce aviation's carbon emissions.

China aims to achieve net zero emissions by 2050, based on 2005 levels.

The aviation industry must meet 2050 net zero targets through significant changes in energy and fuel infrastructure.

Atkins predicts 44,000 TWh of energy will be needed annually by 2070 for sustainable aviation fuel.

The global business jet market size reached US$ 19.2 Billion in 2023.

The market is expected to reach US$ 27.0 Billion by 2032, growing at 3.8% from 2024-2032, driven by demand for enhanced mobility and personalized travel.

Major players in the business jet market include Airbus, Bombardier, Dassault, Embraer, Gulfstream, and Boeing.

The global air mobility market is booming, especially in India and China, where Chinese manufacturers compete with Boeing and Airbus.

China has developed the C919, a competitor to Airbus, expected to sell well in the Chinese market.

The commercial aircraft interior lighting market is expected to grow over 5.5% CAGR, driven by demand for internal systems and aircraft modernization.

Boeing and Airbus dominate the passenger jet market, but China's COMAC may break their monopoly in the next decade.

The C919 is a competitor to the Boeing B737 and Airbus A320, aiming to challenge Western aviation giants' market dominance.

Airbus received 408 orders at the Dubai air show, surpassing Boeing's 78 orders.

The global aircraft seating market was valued at USD 5,147.06 million in 2020 and is expected to reach USD 7,074.30 million by 2026, growing at a 5.60% CAGR.

The global aircraft seating market is highly competitive, with key players including Safran, Collins Aerospace, Recaro, and Geven.

Airbus and Boeing have dominated the international aircraft market for decades, but Russia's MC-21 and China's C919 aim to challenge their duopoly.

The global Private Plane market, led by players like American Champion Aircraft and CESSNA AIRCRAFT, is expected to grow due to increasing demand and technological advancements.

The global Commercial Aircraft Honeycomb Core market is expected to grow, driven by emerging trends and key players like DuPont, EURO-COMPOSITES, and Hexcel.

The global Aircraft Pneumatic Filter market is expected to grow, with key players like Honeywell Grimes and key regions including North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

The global aerospace industry is shifting towards greater efficiency and sustainability to reduce fuel emissions.

NASA and Boeing are designing a more fuel-efficient single-aisle aircraft to reduce emissions by up to 30%.

The new aircraft design features a voice-assisted wing, creating less resistance and providing better aerodynamics.

The use of artificial intelligence in aviation is expected to grow 45.3% CAGR from 2022-2027, in areas like customer service, maintenance, and pilot training.

The Asia-Pacific region is expected to dominate the Artificial Intelligence in Aviation Market due to high demand from countries like China and Japan.

The Single-Aisle Aircraft Market is projected to grow at a 12.5% CAGR from 2023-2030, driven by growing air travel demand and low-cost carrier expansion.

Aircraft manufacturers are developing more eco-friendly models using advanced materials, aerodynamics, and efficient engines.

The development of next-generation, fuel-efficient aircraft is an exciting opportunity, with companies like Boeing and NASA working on new designs.

The Transonic Truss-braced Wing concept may reduce commercial flight emissions, with Boeing and Woodward collaborating on the NASA Sustainable Flight Demonstrator X-66A aircraft.

The global aerospace composites market is projected to reach $51.83 billion by 2027, growing at a 14.7% CAGR.

The use of lightweight materials enhances flight performance, strength, and stiffness while reducing carbon footprints.

Boeing will provide Etihad Airways with the Jeppesen FliteDeck Advisor to optimize efficiency and reduce fuel consumption.

The Jeppesen FliteDeck Advisor solution analyzes performance metrics to optimize fuel use and minimize carbon footprint.

The global aircraft lightning protection market was valued at US$5.8 billion in 2022, with a projected 5.8% CAGR from 2023-2033.

The aviation industry's adoption of composite materials drives the need for effective lightning protection systems.

Digital transformation can be accelerated by Russian IT solutions, helping to overcome sanctions and the departure of foreign vendors.

The Ural Civil Aviation Plant has undergone digital transformation despite personnel shortages.

GE Digital's Airspace Insight improves airspace operations for greater sustainability, efficiency, and safety.

Airspace Insight reduces flight time, fuel burn, and emissions by identifying airspace inefficiencies.

The Ministry of Industry and Information Technology issued a plan to promote new industrialization in aviation manufacturing from 2024-2030.

The plan proposes 20 key tasks to enhance innovation, competitiveness, and the basic support system.

Electrification is

The global aircraft demand is expected to grow 3.6% annually over the next 20 years, driving the need for more fuel-efficient aircraft.

Title:

Content: Dubai: Qatar Airways and Airbus have moved on from their dispute over the A350s and undertaken a repair project to get the planes back in the skies, according to a senior official with the European aircraft maker.

Mikail Houari, President of Airbus’ Africa and Middle East operations, stressed that the settlement was not an admission of liability for either party. He also projected short-term pressures to air traffic because of a bleak global GDP outlook.

IATA, in its December report, said international traffic in 2022 climbed 152.7 per cent vs 2021 and reached 62.2 per cent of 2019 levels. How do you see the trend holding up in 2023?

Also read

Air traffic has been recovering continuously since travel restrictions were lifted, with a few notable exceptions. We expect short-term pressures from limited global GDP outlook, fluctuations in oil price and higher inflation, but these are likely to normalise within a few years. According to our latest forecast, demand for passenger traffic will grow annually by 3.6 per cent over the next 20 years.

According to your new annual report, gross commercial aircraft orders increased to 1,078 compared to 771 in 2021. Any projections for 2023?

Clearly, there is demand for Airbus products as demonstrated by the strong order book. While orders will remain strong, we can't expect every year to be a record one. The Airbus backlog stands at over 7,200 aircraft.

Assuming no additional disruptions to the world economy, air traffic and our ability to deliver products and services, our target is to achieve 720 commercial aircraft deliveries in 2023.

Airbus and Qatar Airways recently settled their dispute over the grounded A350 jets. How was this agreement reached?

Qatar Airways and Airbus are pleased to have reached an amicable and mutually agreeable settlement in relation to their legal dispute over A350 surface degradation and the grounding of A350 aircraft. A repair project is now underway and both parties look forward to getting these aircraft safely back in the air.

The details of the settlement are confidential and the parties will proceed to discontinue their legal claims. The settlement agreement is not an admission of liability for either party. This agreement will enable Qatar Airways and Airbus to move forward and work together as partners.

What kind of delays are you facing because of labour shortages affecting European countries right now?

We have moved from demand to supply pressures. The uncertainties along the supply chain are likely to continue for some time. But we also see that the overall supply chain challenges appear to be stabilising.

We maintain our assessment that the situation on the supply side will remain difficult in 2023. We have taken strong measures to deal with this additional complexity and to protect our ramp-up.

After 18 months of stability, our suppliers have transitioned from a full COVID-19 crisis mode to a ramp-up mode. This happens in a context of high prices, low stocks and re-hiring. We provided more visibility to suppliers than before - and this also gives us better visibility on their side for potential operational difficulties.

What’s next in the partnership with Etihad with respect to the A350?

Airbus’ Sustainability Engagement Program aims to investigate ways of improving aviation’s environmental performance, by providing a holistic view of short and long-term initiatives surrounding the Airbus fleet.

The Airbus A350 lies at the base of the ‘Sustainability50’ program, a partnership with Etihad, formed in 2021 to support the UAE’s road to achieving net zero emissions by 2050. The A350-1000 is setting new standards in air travel, with a 25 per cent reduction in fuel burn and emissions.

As part of our partnership with Etihad, we are working on exploring channels of cooperation in various areas such as sustainable aviation fuel, waste and weight management, and data driven analysis etc.

Are similar alliances in the works with other regional airlines such as Emirates?

Airbus is working towards the decarbonisation of aviation and is fully aligned with other industry actors. The journey to achieve Net Zero requires collaboration and investment and we are always open to opportunities and partnerships that have the potential to advance the decarbonisation of the aviation industry.

How much time do you anticipate it will take global airlines to fully transition to sustainable aviation fuel?

Over 100 million litres of SAF were produced in 2021 and according to IATA, more than 50 airlines around the world have experience with SAF. SAF can reduce emissions by up to 80 per cent on average during its full lifecycle.

The main challenge remains the emergence of a market to generalise the use of SAF. SAFs would have to be massively scaled up, and this could require investment anywhere from $10 billion to as much as $40 billion and upwards.

Currently, all Airbus commercial aircraft are capable of flying with an up to 50 per cent SAF blend mixed with kerosene and are targeted to be capable for 100 per cent SAF use in flight by the end of this decade.

Are all airlines, governments and fuel suppliers prepared for this transition?

This is a journey that all industry stakeholders have to collaborate on to achieve the desired outcome. There is a rising momentum in the aviation sector as governments and airlines align sustainability goals. We are already seeing governments and private sector undertake projects and announce initiatives to enhance sustainability (and) decarbonise the sector.

Which are the key markets that are specifically buying the A350?

We currently have 925 A350s on order from 54 customers. Qatar Airways is the largest operator of the A350, but we expect there to be ongoing demand for the aircraft as regional airlines move towards fleet modernisation and undertake carbon reduction initiatives.

The A350 family is a leader in sustainability fitted with the latest innovations that are redefining the future of flying. The A350 offers 25 per cent less fuel burn and CO2 emissions and 50 per cent less noise footprint compared to previous generation aircraft. Its versatility is evident with its flying range of up to 9,700nm/18,000 km.

What steps has Airbus taken to reduce its carbon footprint? Do you think it’s justified to target the aviation industry alone for carbon dioxide emissions?

We want to take a leadership position and are accelerating our own decarbonisation journey. We aim at reducing our industrial environment footprint at sites worldwide, developing a more circular model to optimise use of materials and reduce use of critical resources, and enhancing our product and services portfolio to positively contribute to climate change mitigation and adaptation.

We have the ambition to develop the world’s first zero-emission commercial aircraft by 2035 to ensure future generations can enjoy flying as much as we do. The aviation industry represents approximately 2.5 per cent of global human-induced CO2 emissions, surpassing the emissions contribution from many other industries.

We believe that aviation is not the problem but emissions are. Aviation will remain an essential mode of travel for the world, while being a crucial sector to many economies of the world in terms of its contribution to the gross domestic production.

Air India will acquire 250 Airbus aircraft. Over what duration will these planes be delivered?

The commitment includes 140 A320neo and 70 A321neo single-aisle aircraft as well as 34 A350-1000 and six A350-900 wide-body jets that will mark a new era for the country as the all-new, long-range aircraft celebrates its debut in the Indian market. Deliveries are set to commence with the first A350-900 arriving by late-2023.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

The Middle East and Africa are expected to drive demand for fuel-efficient aircraft, led by airlines like Qatar Airways and Etihad.

The Asia-Pacific region, particularly India, is expected to be a key market for fuel-efficient aircraft, driven by acquisitions like Air India's 250 Airbus planes.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Asian companies, mainly Chinese and Indian, are expected to lead demand growth for fuel-efficient aircraft.

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

The total demand for aircraft from 2023-2042 is expected to be 40,850 units, comprising 32,630 narrow-body and 8,220 wide-body liners.

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

Around 17,170 old aircraft will be replaced with more energy-efficient ones over the next 20 years.

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

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.

The global fleet will reach 46,560 aircraft, including 3,230 cargo ships, by 2042.

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

Cirium expects 45,000 fuel-efficient aircraft, worth $2.9 trillion, to be delivered by 2040.

Title:

Content: Cirium expects 45,000 more fuel-efficient aircraft to be delivered by 2040, worth $2.9 trillion
Cirium predicts that over the next 20 years, the world will spend $2.9 trillion on about 45,000 new aircraft.
• New aircraft expected to be delivered will replace the ageing fleet to meet projected annual growth of 3.7% in air passenger traffic
Single-aisle jets are expected to account for 70% of passenger aircraft deliveries by 2040
• China is expected to top the list with a 20% share in aircraft deliveries – the region ’ s air passenger growth is expected to exceed 6%
• Around 80% of existing passenger aircraft will be retired between 2021 and 2040
Over 3,500 freighter deliveries over the next 20 years – including new freighters and modified airliners
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An estimated 45,000 aircraft worth U.S. $2.9 trillion to be delivered by 2040.
Revealed in Cirium's new Fleet Forecast.
LONDON -- The newly released 2021 Cirium Fleet Forecast shows that around 45,000 new, more fuel-efficient aircraft will be purchased globally over the next 20 years, with an estimated $2.9 trillion in aircraft purchases.
According to the Cirium Fleet Forecast released by Ascend by Cirium, a consulting firm of aviation analytics firm Cirium, global cumulative aircraft deliveries for the next 20 years will be 4% higher than predicted a year ago by 2040.
The report outlines the positive outlook for the aviation industry and its recovery from the COVID-19 pandemic.
The COVID-19 pandemic has severely affected air travel, as well as aircraft deliveries.
Global aircraft deliveries fell by 43% - or 600 aircraft - in 2020.
Aircraft deliveries recovered somewhat in 2021, but are still 25% below 2019 levels.
Air travel is reopening as global vaccination programs become more widespread, leading to an increase of 300 aircraft deliveries in 2021 — a feat achieved when Boeing 787 was found to be problematic.
Rob Morris, Global Advisory Director, Ascend by Cirium, said: “The Cirium Fleet Forecast 2021 presents an optimistic long-term outlook for the aviation industry, which will return to a more traditional growth trajectory after 2024, although structurally different from before.
Air passenger traffic is expected to grow at an annual rate of 3.7%, so the global passenger fleet will need to increase by almost 22,000 aircraft.
“If the above projections are realized, the global passenger fleet will reach the size of about 47,200 aircraft by the end of 2040. ”
The projected delivery of new aircraft will not only meet the growing demand for air transport, but will also replace older aircraft that are less fuel efficient. "
China leads in aircraft deliveries
The number of aircraft deliveries will vary depending on the region where the airline is located, and the Asian market is expected to be the growth engine.
China is expected to lead the world with more than 6% growth in air passenger traffic – also topping the list in aircraft deliveries, accounting for 20% of the world ’ s total.
China ’ s delivery figures are significantly ahead of all other Asia-Pacific countries, which together account for 22% of the total.
North American carriers are expected to account for 20 percent, while European carriers will account for 17 percent.
The Middle East is estimated to account for 7% of the share, but because the region will deliver a large number of twin-aisle aircraft, it will account for 11% in terms of aircraft value.
Latin America, which is similar to the Middle East, will also account for 7%.
Russia and the Commonwealth of Independent States (CIS) accounted for 4%, and Africa accounted for 3%.
Most of the new deliveries will be single-aisle jets
The fleet forecast report shows that over the next 20 years, single-aisle jets will account for 70% of total aircraft deliveries and 55% of total delivery value.
The total value of newly delivered single-aisle jets is $1.6 trillion.
The mainstream model will still be the 150-seat aircraft, represented by the Airbus A320neo and Boeing 737 Max 8, which will account for 50% of deliveries.
Popular models with more than 180 seats include the A321 neo and the B737 Max 10, which will have an increasing share each year and will account for 40% of deliveries over the next 20 years.
Airbus and Boeing are expected to develop a new generation of single-aisle aircraft in the early to mid-2030s.
The $1.1 trillion dual-aisle aircraft market will be dominated by the B787 and A350 models, with 250-300-seat “medium ” aircraft accounting for about 65% of the total value delivered.
The large passenger aircraft market will be contested by the A350-1000 and the B777-9.
Aircraft deliveries in regional markets are expected to reach a scale of $150 billion.
About a third of them will be turboprop aircraft, based on 70-seat models.
Starting in 2030, a larger 90-seat model will enter the market.
Future new aircraft projects in the market include the MA700 from China and an expected new line of aircraft from Embraer.
Older models will be replaced by a new generation of aircraft.
It is predicted that about 80% of current passenger aircraft will be out of passenger service between 2021 and 2040.
As the airline industry begins to focus on driving down carbon emissions and focusing on sustainability, it will become increasingly important to replace these older, more fuel-efficient aircraft with new models.
Overall, in addition to several relatively new aircraft that are being phased out earlier, around 19,000 aircraft in the global passenger fleet will be phased out by the end of 2020.
According to analysis by Ascend by Cirium, the average economic life expectancy for single-aisle aircraft is 22 years and for twin-aisle aircraft is 20 years.
The number of freighters is growing: including new freighters and refitted freighters
As the global freight industry continues to perform strongly, freighter capacity (based on available tonnage kilometres) is expected to grow by 3.3% over 2019, with a projected supply of around 3,500 freighters over the next 20 years.
Of this total, it is expected that 30 per cent will be new freighters and 70 per cent will be converted from passenger aircraft.
About 1,050 new freighters are expected to be shipped, valued at $121 billion.
More online shopping during the epidemic period has promoted the development of e-commerce, and the growth of e-commerce has promoted the conversion of airliners to freighters.
Modification projects are focused on newer models such as the A321, B737-800, A330 and B777-300ER.
The Cirium Fleet Forecast is an independent outlook report on the global commercial passenger and cargo aircraft market, based on the industry ’ s premier combination of data and years of expertise.
Click here to download the executive summary of the Cirium Fleet Forecast 2021.
About Cirium
Cirium is a company that combines powerful data and analytics services to drive the world ’ s continued growth. With decades of industry experience, Cirium provides clients with expert insights to help companies, aircraft manufacturers, airports, airlines and financial institutions make informed business decisions that shape the future of the travel industry, improve business returns and improve customer experience. RELX PLC is the world ’ s leading provider of information and data analytics to professional and commercial customers across a wide range of industries.
Shares of parent company RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Visit cirium.com for more information or follow Cirium ’ s LinkedIn account and WeChat account, CiriumCN.
Disclaimer: The original version of this announcement is the official authorized version. The translation is for convenience only. Please refer to the original version, the original version is the only version with legal effect.
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency

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.

China is expected to top the list with a 20% share in aircraft deliveries due to 6%-plus air passenger growth.

The Middle East will need 3,000 commercial planes over the next 20 years to serve growing passenger and air freight demand.

Title:

Content: Money and Business
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$765 billion over 20 years.
Boeing says Middle East will need 3,000 commercial planes
Boeing has revealed that passenger traffic in the Middle East and commercial aviation fleet traffic in the region is expected to more than double over the next two decades as it announces its 20- year forecast for the commercial aviation market for 2022.
Airlines in the Middle East have been able to successfully deal with the challenges caused by the pandemic by
Modify its business models and increase the use of cargo planes to raise revenue.
Looking ahead, Boeing expects the region ’ s fleet to expand to 3,400 aircraft to serve fast-growing passenger traffic, as well as growing air freight demand.
Randy Haysey, Boeing Commercial Airplanes ’ Marketing Director for the Middle East, Africa, Russia and Central Asia, said: “The Middle East is gaining ground as a leading hub for international travellers, and the Middle East economy is growing to be the starting point and final destination for business, tourism and leisure travellers.
The demand in the region for a versatile fleet will continue to meet the requirements of the business model of all commercial airlines and air cargo. ”
Boeing forecasts that the Middle East will require 2,980 new aircraft, valued at $765 billion, for passenger and commercial services.
More than two-thirds of demand will enable growth in the region, while the remaining third will replace older aircraft with more fuel-efficient models such as the 737 MAX, 787 Dreamliner and 777X.
It is worth noting that air cargo operations by Middle East carriers have continued to grow substantially in recent years, with the region operating two of the world ’ s top five carriers.
To meet future demand, the Middle East ’ s cargo fleet is expected to reach 170 carriers by 2041, double the pre-pandemic fleet.
Boeing ’ s Middle East Commercial Aviation Market Report 2022 also includes the following projections through to 2041:
♪
Passenger traffic is expected to grow by 4% annually.
♪
Demand for wide-body aircraft continues with 1,290 deliveries to support the growing network of international airlines.
♪
The single-aisle aircraft market in the Middle East will more than double to 1,650 aircraft serving regional and international destinations.
♪
The demand for commercial after-sales services, including maintenance and repair, has reached a value of about $275 billion.
♪
The Boeing Pilot and Technical Report 2022 predicts that the region will need 202,000 aviation personnel, including 53,000 pilots, 50,000 technicians and 99,000 crew members, over the next 20 years.
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The Middle East will require 2,980 new aircraft worth $765 billion, according to Boeing.

Title:

Content: Money and Business
Send Save Print PDF
$765 billion over 20 years.
Boeing says Middle East will need 3,000 commercial planes
Boeing has revealed that passenger traffic in the Middle East and commercial aviation fleet traffic in the region is expected to more than double over the next two decades as it announces its 20- year forecast for the commercial aviation market for 2022.
Airlines in the Middle East have been able to successfully deal with the challenges caused by the pandemic by
Modify its business models and increase the use of cargo planes to raise revenue.
Looking ahead, Boeing expects the region ’ s fleet to expand to 3,400 aircraft to serve fast-growing passenger traffic, as well as growing air freight demand.
Randy Haysey, Boeing Commercial Airplanes ’ Marketing Director for the Middle East, Africa, Russia and Central Asia, said: “The Middle East is gaining ground as a leading hub for international travellers, and the Middle East economy is growing to be the starting point and final destination for business, tourism and leisure travellers.
The demand in the region for a versatile fleet will continue to meet the requirements of the business model of all commercial airlines and air cargo. ”
Boeing forecasts that the Middle East will require 2,980 new aircraft, valued at $765 billion, for passenger and commercial services.
More than two-thirds of demand will enable growth in the region, while the remaining third will replace older aircraft with more fuel-efficient models such as the 737 MAX, 787 Dreamliner and 777X.
It is worth noting that air cargo operations by Middle East carriers have continued to grow substantially in recent years, with the region operating two of the world ’ s top five carriers.
To meet future demand, the Middle East ’ s cargo fleet is expected to reach 170 carriers by 2041, double the pre-pandemic fleet.
Boeing ’ s Middle East Commercial Aviation Market Report 2022 also includes the following projections through to 2041:
♪
Passenger traffic is expected to grow by 4% annually.
♪
Demand for wide-body aircraft continues with 1,290 deliveries to support the growing network of international airlines.
♪
The single-aisle aircraft market in the Middle East will more than double to 1,650 aircraft serving regional and international destinations.
♪
The demand for commercial after-sales services, including maintenance and repair, has reached a value of about $275 billion.
♪
The Boeing Pilot and Technical Report 2022 predicts that the region will need 202,000 aviation personnel, including 53,000 pilots, 50,000 technicians and 99,000 crew members, over the next 20 years.
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The Asia-Pacific region will need 17,620 new aircraft and the Pacific region 920 over the next 20 years.

Title:

Content: Airbus: Pacific will need 920 new aircraft in two decades - Sunrise Gate
Monday 27 February 2023 3: 14 PM Cairo Cairo 24 °
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Airbus says Pacific will need 920 new aircraft in two decades
Amsterdam - DBA
Published on: Monday 27 February 2023 - 2: 35 PM | Last updated on Monday 27 February 2023 - 2: 35 PM
European aerospace giant Airbus says airlines in the Pacific will need to take delivery of 920 new aircraft over the next 20 years.
This was based on a study conducted by Airbus on demand.
Airbus expects global demand to reach 39,490 new aircraft over the next two decades, including 17,620 in the wider Asia-Pacific region.
According to Airbus ’ global market outlook, demand in the Pacific will be driven by growth in passenger traffic in the region, which averages 3.2% per year.
The projected demand will be about 750 single-aisle aircraft, such as the A220 and A320 classes, and about 170 wide-body aircraft, such as the A330neo and A350, it said.
About 55 per cent of these aircraft are for growth, and 45 per cent are for replacement aircraft currently in service.
Stephen Forshaw, Airbus ’ chief representative for Australia, New Zealand and the Pacific, reviewed the study on the eve of the Avalon Air Show, which is scheduled to start tomorrow, February 28, and run until March 5, in Melbourne.
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What is Airbus' prediction of the market of aircraft in the Pacific region?

The region will need to receive 920 new aircraft over the next 20 years.

Demand in the Pacific will be driven by 3.2% annual growth in passenger traffic.

Title:

Content: Airbus: Pacific will need 920 new aircraft in two decades - Sunrise Gate
Monday 27 February 2023 3: 14 PM Cairo Cairo 24 °
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Airbus says Pacific will need 920 new aircraft in two decades
Amsterdam - DBA
Published on: Monday 27 February 2023 - 2: 35 PM | Last updated on Monday 27 February 2023 - 2: 35 PM
European aerospace giant Airbus says airlines in the Pacific will need to take delivery of 920 new aircraft over the next 20 years.
This was based on a study conducted by Airbus on demand.
Airbus expects global demand to reach 39,490 new aircraft over the next two decades, including 17,620 in the wider Asia-Pacific region.
According to Airbus ’ global market outlook, demand in the Pacific will be driven by growth in passenger traffic in the region, which averages 3.2% per year.
The projected demand will be about 750 single-aisle aircraft, such as the A220 and A320 classes, and about 170 wide-body aircraft, such as the A330neo and A350, it said.
About 55 per cent of these aircraft are for growth, and 45 per cent are for replacement aircraft currently in service.
Stephen Forshaw, Airbus ’ chief representative for Australia, New Zealand and the Pacific, reviewed the study on the eve of the Avalon Air Show, which is scheduled to start tomorrow, February 28, and run until March 5, in Melbourne.
You might like it, too.
Share your comment

The Pacific's projected demand is 750 single-aisle and 170 wide-body aircraft.

Title:

Content: Airbus: Pacific will need 920 new aircraft in two decades - Sunrise Gate
Monday 27 February 2023 3: 14 PM Cairo Cairo 24 °
Most Read
You might like it, too.
Share your opinion
Do you support the expansion of Brazilian chicken imports to solve the poultry crisis?
Airbus says Pacific will need 920 new aircraft in two decades
Amsterdam - DBA
Published on: Monday 27 February 2023 - 2: 35 PM | Last updated on Monday 27 February 2023 - 2: 35 PM
European aerospace giant Airbus says airlines in the Pacific will need to take delivery of 920 new aircraft over the next 20 years.
This was based on a study conducted by Airbus on demand.
Airbus expects global demand to reach 39,490 new aircraft over the next two decades, including 17,620 in the wider Asia-Pacific region.
According to Airbus ’ global market outlook, demand in the Pacific will be driven by growth in passenger traffic in the region, which averages 3.2% per year.
The projected demand will be about 750 single-aisle aircraft, such as the A220 and A320 classes, and about 170 wide-body aircraft, such as the A330neo and A350, it said.
About 55 per cent of these aircraft are for growth, and 45 per cent are for replacement aircraft currently in service.
Stephen Forshaw, Airbus ’ chief representative for Australia, New Zealand and the Pacific, reviewed the study on the eve of the Avalon Air Show, which is scheduled to start tomorrow, February 28, and run until March 5, in Melbourne.
You might like it, too.
Share your comment

Airbus expects demand for 39,490 new aircraft over the next 20 years, driven largely by the Asia-Pacific region.

Title:

Content: Airbus: Pacific will need 920 new aircraft in two decades - Sunrise Gate
Monday 27 February 2023 3: 14 PM Cairo Cairo 24 °
Most Read
You might like it, too.
Share your opinion
Do you support the expansion of Brazilian chicken imports to solve the poultry crisis?
Airbus says Pacific will need 920 new aircraft in two decades
Amsterdam - DBA
Published on: Monday 27 February 2023 - 2: 35 PM | Last updated on Monday 27 February 2023 - 2: 35 PM
European aerospace giant Airbus says airlines in the Pacific will need to take delivery of 920 new aircraft over the next 20 years.
This was based on a study conducted by Airbus on demand.
Airbus expects global demand to reach 39,490 new aircraft over the next two decades, including 17,620 in the wider Asia-Pacific region.
According to Airbus ’ global market outlook, demand in the Pacific will be driven by growth in passenger traffic in the region, which averages 3.2% per year.
The projected demand will be about 750 single-aisle aircraft, such as the A220 and A320 classes, and about 170 wide-body aircraft, such as the A330neo and A350, it said.
About 55 per cent of these aircraft are for growth, and 45 per cent are for replacement aircraft currently in service.
Stephen Forshaw, Airbus ’ chief representative for Australia, New Zealand and the Pacific, reviewed the study on the eve of the Avalon Air Show, which is scheduled to start tomorrow, February 28, and run until March 5, in Melbourne.
You might like it, too.
Share your comment

Boeing expects the global civil aviation market to recover, with demand for 43,610 new aircraft over the next 20 years.

Title:

Content: China surging news reported on the 15th, the United States Boeing released the 2021 version of the "Civil Aviation Market Forecast" report on the 14th, noting that basically, the global market is recovering according to the company's 2020 expectations.
The recovery in domestic air travel demand is leading the trend, with the interregional market expected to recover with the relaxation of hygiene and travel restrictions, and eventually remote international travel will return to pre-pandemic levels in 2023-2024.
In the next 20 years, the demand for new aircraft will reach 43,610, the highest in the North American market is 9,160, and the demand in China is 8,700.
The report pointed out that the economic recovery has laid the foundation for a rebound in air passenger traffic, and the future prospects for air passenger traffic will remain stable.
Looking forward to 2025, GDP will increase by more than 15% compared to 2019, and GDP per capita will increase by about 10%.
The 21-year average passenger flow growth from 2019 to 2040 is expected to be 4%, in line with last year ’ s forecast, indicating that the basic global demand for air transport has not changed.
The report predicts that due to cyclical and structural market dynamics, the future air cargo market demand is strong, and full cargo aircraft is a significant growth area, including original cargo aircraft and modified cargo aircraft are forecast to increase from the previous year.
Thanks to the growth of e-commerce and the speed and reliability of air cargo, the world cargo fleet will increase from about 2,000 in 2019 to about 3,400, and the sustainable demand for air cargo will increase the global cargo fleet by more than 70% compared to the pre-pandemic size by 2040.
Notably, the report predicts that the world will need 19,000 civilian aircraft worth $3.2 trillion in the next 10 years, and demand for more than 43,500 new aircraft worth $7.2 trillion in the 20-year period to 2040, an increase of about 500 over the previous year ’ s forecast.
Among them, as of 2040, the demand for regional jets is 2,390, single-aisle aircraft 32,660, wide-body aircraft 7670, wide-body cargo aircraft 890, and aircraft demand totals 43,610.
The North American market has the highest demand, at 9,160, and the Chinese demand is 8,700.
This demand will lead to a 3.1% annual growth in the global active fleet, with the global civil aviation fleet set to surpass 49,000 by 2040, China, Europe, North America and Asia Pacific each accounting for 20% of new aircraft deliveries, with the remaining 20% going to emerging markets.
Traffic disruptions have a significant impact on aircraft deliveries and active fleets due to the pandemic. The report anticipates that the civil aviation industry will need more than 7,500 new wide-body aircraft by 2040 to meet fleet renewal and long-term growth in demand in the remote passenger and cargo market.
These demand increased slightly from the previous year, but decreased by 8% from 2019.
At present, single-aisle aircraft account for nearly 64% of the global passenger fleet, and single-aisle aircraft account for the largest proportion of new aircraft deliveries, roughly in line with pre-pandemic forecasts, accounting for 75%, and demand for more than 32,500 aircraft over the next 20 years.
The report notes that global demand for new single-aisle aircraft is driven by the size and flexibility of single-aisle aircraft.
In the future, these new single-aisle aircraft will continue to promote the development of low-cost airlines and provide the needed alternatives for older, less efficient aircraft.
The three regional markets for the new single-aisle aircraft are Asia Pacific, Europe and North America, which account for more than 80% of global low-cost airline capacity in 2019 and throughout the forecast period.
In addition, the report predicts long-term growth in the short-haul market, especially in emerging markets, and predicts that intra-regional short-haul travel accounts for more than half of the industry ’ s total growth demand, with inbound travel alone accounting for 17% of the industry ’ s new capacity.
Historically, excursions have been spurred by improved services, such as new direct routes and lower fares through low-cost airlines.
The report predicts that the share of Asian airlines in the global market will continue to increase, with China ’ s passenger share expected to grow from 15% in 19 years to 20% in 2040, and Asia Pacific ’ s passenger share expected to grow from 18% in 19 years to 21%.
# Growth # Planes # Forecasts # Future # Markets

The North American market leads in demand for new aircraft, with 9,160 expected, followed by China's 8,700.

Global air passenger traffic is expected to grow 4% annually from 2019 to 2040, with the cargo fleet increasing over 70% by 2040.

The world will need 19,000 civilian aircraft worth $3.2 trillion in the next decade and $7.2 trillion by 2040.

The demand for regional jets is 2,390, single-aisle aircraft is 32,660, wide-body aircraft is 7,670, and wide-body cargo aircraft is 890 by 2040.

The global civil aviation fleet is expected to surpass 49,000 by 2040, with each of China, Europe, North America, and Asia Pacific accounting for 20% of deliveries.

The civil aviation industry will need over 7,500 new wide-body aircraft by 2040.

Single-aisle aircraft make up nearly 64% of the global passenger fleet, driving low-cost airline growth.

Over 80% of global low-cost airline capacity is in the Asia Pacific, Europe, and North America.

Intra-regional short-haul travel drives over half of the industry's growth.

China's passenger share is expected to grow from 15% in 2019 to 20% in 2040.

Asia Pacific's passenger share is expected to rise from 18% to 21% by 2040.

The aerospace industry faces significant sustainable development challenges, primarily due to climate change.

Title:

Content: Human beings and nature are inseparable, sustainable development is the focus of human beings since the new century. Global sustainable development is economic, ecological and social multi-dimensional sustainable, facing a series of challenges such as energy shortage, climate change, population growth, epidemics, social inequality, etc., these problems need scientific and technological support, and finally achieve harmonious coexistence between human beings and nature.
At the 70th session of the United Nations General Assembly in 2015, 193 Member States signed the 17 Sustainable Development Goals (SDGs) and the 169 Agenda for Transforming Our World: The 2030 Agenda for Sustainable Development, which aims to comprehensively guide humanity on the path to sustainable development in three dimensions: social, economic and environmental.
On December 4, the BEYOND Organizing Committee made great efforts to build the Sustainable Development Goals (SDG) Summit. Under the chairmanship of Chen Yonglan, Senior Partner of Oerizer Fund Group and President of Asia Pacific China, Philipp Visotschnig, Vice President and Chief Financial Officer of Airbus China; Xue Wujun, General Manager of Huawei Digital Energy Global Market; Kasai Michihiko, General Manager of KDDI Open Innovation Fund; Leslie Maison, New Development Bank Asdorp.
An in-depth exchange on the topic “Global Opportunities and Challenges for Investing in Sustainable and Smart Infrastructure ”.
Focus on green energy for sustainable development
The key areas of the SDGs are climate change and sustainable infrastructure development.
The guests first shared with us how businesses support sustainable development.
Philipp Visotschnig, vice president and chief financial officer of Airbus China, said that the aerospace sector is facing sustainable development challenges, and climate change is the biggest challenge facing humanity today.
Aviation accounts for 2.5% of today ’ s human carbon emissions.
The SDGs need to be embedded in products, in the development process, in the way that will shape the future of the next decade.
Second, aviation and the internet are the only industries that really connect people and can bring people around the world together.
A regulatory framework that is fair to everyone should be established to find the right pricing.
Xue Wujun, general manager of Huawei Digital Energy Global Market, said that Huawei has always attached great importance to sustainable development.
On the one hand, Huawei releases a report on sustainable development every July; on the other hand, sustainable development is a strategy of Huawei, paying particular attention to green environmental protection, mainly from three aspects to achieve.
First, reduce carbon emissions.
The second is to promote a circular economy, and the third is to introduce renewable energy.
In terms of reducing carbon emissions, Huawei ’ s carbon emissions in 2020 fell by about 33.2% compared to 2012, exceeding the target of its 2016 commitment.
In promoting a circular economy, use recyclable and degradable environmentally friendly materials, and maximize the use of product materials, packaging materials.
In terms of introducing renewable energy, Huawei's manufacturing plants and several research institutes have installed photovoltaic power generation, which can generate 19 million kWh of electricity annually, equivalent to reducing carbon emissions by 9,000 tons.
Leslie Maasdorp, vice president and chief financial officer of the New Development Bank, sees the financial sector as playing a crucial role in driving carbon neutrality.
Most companies have announced goals to be carbon neutral by 2050.
This will lead to a number of business model changes.
Finance plays a crucial role in this.
Many banks have introduced new green financial instruments, and central banks have used regulatory powers to ensure that commercial banks encourage customers to invest more in the green space.
What ’ s more, consumers can recognize that their personal consumption behavior will affect environmental change, which is not the responsibility of banks, central banks, governments, this is the ongoing social change.
"Companies that are able to successfully innovate and deliver green products, green solutions will be the most successful, ultimately gaining greater value in the market," added Leslie Maasdorp.
Kasai Michihiko, managing director of the KDDI Open Innovation Fund, said that many companies see SDGs as an important business area.
But in reality it ’ s a social problem that “a company ’ s ideas or actions aren ’ t enough to solve the problem. ”
It requires collaboration and synergy between users, large companies, startups and governments. ”
Reduce Carbon Emissions and Help Achieve Carbon Neutrality
There has been a lot of discussion about whether aircraft use renewable energy or gasoline, and Philipp Visotschnig, vice president and chief financial officer of Airbus China, commented and shared the future trends.
Airbus has promised to be carbon neutral.
And it is ready to offset the growth in carbon emissions through financial mechanisms.
Second, Airbus is committed to achieving net CO2 emissions by 2050 and is working towards that end.
“We see two technologies that can control the growth of carbon emissions.
First, Airbus ’ long-term vision is to use hydrogen engines and commit to having the first hydrogen aircraft by 2035.
In addition, the medium-term solution is to use sustainable aviation fuels based on seaweed.
Airbus is working with engine manufacturers to get it certified.
It is also working with governments to create markets and ensure that airlines have the opportunity to take action.
At the same time, manufacturers also have the opportunity to make money.
2050 may seem a long way off, but we ’ re working on it.
First, using existing technology, we reduce emissions by 2.1% per year.
Second, since 1990, 10 billion carbon dioxide emissions have been reduced, and if future aircraft fly with hydrogen as fuel, and there is enough hydrogen available, 20 years from now Airbus and the aviation industry will really help reduce carbon emissions and be carbon neutral, ” Philipp said.
Subsequently, Xue Wujun also shared Huawei's specific means and measures to reduce emissions for users or industries.
As a communications equipment company, Huawei has previously placed great emphasis on helping customers achieve their values and goals through technological innovation.
Now carbon integration has become the world's broadest consensus, and customers are also paying great attention to it.
In response to the demand, Huawei established Huawei Digital Energy Technology Co., Ltd. in June 2021, which is committed to integrating digital technology and power electronics technology for innovation.
Carbon neutrality in the future is mainly to reduce carbon emissions to 0, the main source of carbon emissions is actually 40% from electricity, electricity is mainly the use of fossil energy, so the core of carbon integration is energy change.
In terms of power generation, Huawei replaces traditional fossil energy with renewable energy.
From clean power generation, efficient electricity consumption, to the electrification of transportation, the integration of digital technology and power electronics technology and the introduction of intelligent photovoltaic solutions, power generation can be increased by 2 to 3%, and operation and maintenance costs can be reduced by 50%.
To help customers and society as a whole use energy more efficiently through digitization and infrastructure, while saving energy use, and finally achieving a carbon-neutral goal.
Leslie Maasdorp, vice president and chief financial officer of the New Development Bank, then talked about how to help emerging economies achieve their goals, saying that the core and main task of the New Development Bank is sustainable development.
Since its inception, the NDB has never funded coal-fired power stations or mines. "Sustainable development is a goal we have always pursued, and the role of the development bank is to promote and solve problems.
We are working on a series of strategies where the historical responsibility for the climate crisis facing developing countries is relatively small, and we must find a policy to ensure that the transition to carbon neutrality is done in a fair and adjustable manner, taking into account the historical responsibility of the developed countries.
Therefore, as development banks, we must not only use our capital, but also find equitable ways to promote economic growth and sustainable development. "

Aviation accounts for 2.5% of human carbon emissions.

The aviation industry targets zero emissions by 2050.

Title:

Content: Aviation industry calls for accelerated support to achieve zero emissions by 2050
The survey showed that participants are unanimous in achieving and investing in sustainability
Praying for Mahmood
3: 23 PM, Thursday, 15 Jun 23
GE Aerospace has conducted a survey of 325 aviation decision-makers from six countries, including the UAE, as the aviation sector prepares to participate in the Paris Air Show next week and the Dubai Airshow next November.
The survey showed a consensus on achieving and investing in sustainability, while stressing the need to accelerate support to reach the sector ’ s overall goal of net zero emissions by 2050.
The survey, conducted by French pollster Ipsos on behalf of GE Aerospace, also showed that the vast majority of companies said they were translating their sustainability strategies into reality, with 76% of respondents believing that sustainability has radically changed the way they work in the aviation industry, and the majority of those committed to sustainability strategies indicated that their companies ’ investments in sustainability will grow or remain constant despite rising inflation and recession risks.
Almost a third of respondents (30%) considered achieving the aviation sustainability goal the biggest challenge today, surpassing supply chain (19%) and business problems (11%), reflecting the industry ’ s strong drive for sustainability, and its companies and various organizations to reach net zero carbon emissions by 2050.
The majority (88%) also reported that their companies are actually implementing sustainability strategies, and most said that these strategies have significantly or moderately affected their company ’ s work (74%), their investment (73%), and their employment policy (62%).
Allen Paxson, vice president and general manager of commercial program strategy at GE Aerospace, said the survey results demonstrate the aviation industry ’ s commitment to achieving its goal of net carbon emissions by 2050 and the need for the industry to quickly receive the necessary support from various stakeholders to reach this goal.
Together with our industry partners responsible for operating three quarters of the world ’ s flights, we understand our responsibility to address the challenges facing the aviation industry in more sustainable and efficient ways to meet the requirements of our customers. ”
While 46% of respondents said the aviation sector would achieve its goal of net zero carbon emissions by 2050, 32% said it would not, and 22% questioned the possibility of this happening.
On average, respondents said the aviation industry would meet its target by 2055 due to significant hurdles of rising costs, budget pressure, supply chain problems and energy resources.
29% of respondents chose the government as the external group exerting the most pressure to accelerate sustainability, with 61% showing a preference for incentive and policy support approaches over mandates and regulations.
The most important task for the government to achieve the 2050 target is to boost investment in sustainable jet fuel, survey respondents said.
GE Aerospace began testing sustainable aviation fuel in 2007, and today, all engines produced by the company and its partners can be powered using certified sustainable aviation fuel blends.
The company and its customers and partners are developing more efficient equipment, investing $2 billion in aviation research and development in 2022.
CFM International, a joint venture between GE and Safran aircraft engines equally, aims to reduce fuel consumption and emissions by 20% in one generation compared to existing aircraft engines, through its revolutionary Sustainable Engines Innovation Program (CFMRise).
GE Aerospace is collaborating with NASA and Boeing to develop a megawatt hybrid electric powertrain as part of its Electrified Powertrain Flight Demonstration project.
CFM International is also planning to develop a hydrogen combustion engine for ground and air tests using Airbus aircraft.
Praying for Mahmood
3: 23 PM, Thursday, 15 Jun 23

A survey of 325 aviation decision-makers showed consensus on sustainability.

The industry is developing electric and hydrogen technologies to reduce emissions.

Title:

Content: Dubai: While the global aviation industry continues to battle capacity issues, business jets have a slightly better outlook and seeing steady demand from individuals and corporate fliers. This interest is likely to feature prominently at the MEBAA Show taking place in Dubai next week.

As many as 8,500 visitors are expected to attend the show being organised at the Dubai Airshow site in Dubai World Central from December 6 to 8. Participants from 95 countries have already registered interest – the largest ever pre-event registration, says Ali Ahmed Alnaqbi, Executive Chairman of Middle East & North Africa Business Aviation Association.

“The tremendous rise of business aviation is a trend we are not only witnessing in the Middle East, but in key international markets, and we are committed to supporting this growth and taking the industry to new heights.”

There is a 10 per cent increase in exhibitors, and 42 of the exhibitors will be coming to the show for the first timeSustainability at the forefront

Sustainability, adoption of new technologies, and affordable Sustainable Aviation Fuel (SAF) will be the key talking points even as buyers and sellers sign millions of dollars in business deals. “Many companies involved in SAF development will be attending,” said Tim Hawes, Managing Director of Tarsus Group, the organizer. “They will have talks with local fuel companies to see the best way from the business aviation perspective to increase the use of SAF.

“We are also discussing with UAE’s GCAA (General Civil Aviation Authority) to start discussions with local fuel producers in respective countries in order to see the best way to increase the use of SAF,” added Alnaqbi.

The aviation industry on the whole contributes less than 4 per cent to global carbon dioxide emissions, and business jets make up a miniscule proportion of that. Even then, the industry has been at the forefront of developing new technologies to reduce emissions.

“The industry has been in talks with aircraft and engine manufacturers to speed up electric and hydrogen technologies, and the government to roll out legislation to the effect,” Alnaqbi added

Future of business aviation

“Business flying is no longer as expensive as it used to be,” added Alnaqbi. “There has been a tremendous surge in demand during the pandemic, and then Expo 2020 Dubai and now the World Cup in Qatar. There are many first-time flyers, who have converted from business class and first class commercial flying,”

While most of the global aviation industry had come to a standstill during the pandemic, business jets kept operating to some extent. “Whether it was repatriation flights or medical emergency operations, we kept things going.”

Recession impact

While commercial operators are facing a shortage of new aircraft delivery and also timely servicing of planes because of manpower shortages, business jets in a slightly better space. Reason? There is plenty of inventory in the secondhand market.

“Delivery shortages have affected the market in many ways, but that’s for new planes,” said Alnaqbi. “The secondhand aircraft market has peaked significantly. So the net effect is not so much. “That’s why we are here. Despite all market situations, we need to bring manufacturers and buyers together. This will pave the road for future growth.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Discussions with manufacturers and governments aim to accelerate sustainable technology development.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Companies are exploring the use of Sustainable Aviation Fuel (SAF) at the MEBAA Show.

Title:

Content: Dubai: While the global aviation industry continues to battle capacity issues, business jets have a slightly better outlook and seeing steady demand from individuals and corporate fliers. This interest is likely to feature prominently at the MEBAA Show taking place in Dubai next week.

As many as 8,500 visitors are expected to attend the show being organised at the Dubai Airshow site in Dubai World Central from December 6 to 8. Participants from 95 countries have already registered interest – the largest ever pre-event registration, says Ali Ahmed Alnaqbi, Executive Chairman of Middle East & North Africa Business Aviation Association.

“The tremendous rise of business aviation is a trend we are not only witnessing in the Middle East, but in key international markets, and we are committed to supporting this growth and taking the industry to new heights.”

There is a 10 per cent increase in exhibitors, and 42 of the exhibitors will be coming to the show for the first timeSustainability at the forefront

Sustainability, adoption of new technologies, and affordable Sustainable Aviation Fuel (SAF) will be the key talking points even as buyers and sellers sign millions of dollars in business deals. “Many companies involved in SAF development will be attending,” said Tim Hawes, Managing Director of Tarsus Group, the organizer. “They will have talks with local fuel companies to see the best way from the business aviation perspective to increase the use of SAF.

“We are also discussing with UAE’s GCAA (General Civil Aviation Authority) to start discussions with local fuel producers in respective countries in order to see the best way to increase the use of SAF,” added Alnaqbi.

The aviation industry on the whole contributes less than 4 per cent to global carbon dioxide emissions, and business jets make up a miniscule proportion of that. Even then, the industry has been at the forefront of developing new technologies to reduce emissions.

“The industry has been in talks with aircraft and engine manufacturers to speed up electric and hydrogen technologies, and the government to roll out legislation to the effect,” Alnaqbi added

Future of business aviation

“Business flying is no longer as expensive as it used to be,” added Alnaqbi. “There has been a tremendous surge in demand during the pandemic, and then Expo 2020 Dubai and now the World Cup in Qatar. There are many first-time flyers, who have converted from business class and first class commercial flying,”

While most of the global aviation industry had come to a standstill during the pandemic, business jets kept operating to some extent. “Whether it was repatriation flights or medical emergency operations, we kept things going.”

Recession impact

While commercial operators are facing a shortage of new aircraft delivery and also timely servicing of planes because of manpower shortages, business jets in a slightly better space. Reason? There is plenty of inventory in the secondhand market.

“Delivery shortages have affected the market in many ways, but that’s for new planes,” said Alnaqbi. “The secondhand aircraft market has peaked significantly. So the net effect is not so much. “That’s why we are here. Despite all market situations, we need to bring manufacturers and buyers together. This will pave the road for future growth.

Airbus aims to be carbon neutral by 2050.

Airbus is exploring hydrogen engines and seaweed-based fuels to reduce carbon emissions.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

Which manufacturer is going to test hydrogen engine for aircraft?

The company targets a hydrogen aircraft by 2035.

The Global Single-Aisle Aircraft Market was valued at USD 86.6 billion in 2022 and is projected to reach USD 222.20 billion by 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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The Single-Aisle Aircraft market is projected to grow at a 12.5% CAGR from 2023-2030.

The aerospace foam market is expected to reach USD 9.7 billion by 2032, growing at a 6.50% CAGR from 2023-2032.

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Content: There were 1,497 press releases posted in the last 24 hours and 458,636 in the last 365 days.

Aerospace Foam Market is Expected to Reach USD 9.7 Billion by 2032, with a CAGR of 6.50% – Report by Market Research Future (MRFR)

Aerospace Foam Market Research Report Information By Material (PU Foams, PE Foams, Melamine Foams, PMI/Polyimide Foams, and Others), By End Use (Commercial Aircraft, Military Aircraft, and General Aviation), By Application (Aircraft Seats, Aircraft Floor Carpets, Flight Deck Pads, Cabin Walls and Ceilings, Overhead Stow Bins, and Others (Aircraft Prototypes, Galleys and Lavatories)), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Market Forecast Till 2032

/EIN News/ -- New York (US), June 13, 2023 (GLOBE NEWSWIRE) -- Aerospace Foam Market Overview

Market Research Future (MRFR) states that the "Aerospace Foam Market Research Report Information By Material, End Use, Application & Region - Market Forecast 2032" the Aerospace Foam Market is poised to escalate from USD 5.5 billion in 2022 to USD 9.7 billion by 2032, growing at a 6.50% CAGR during the assessment period (2023-2032). The aerospace foam market is likely to garner significant traction. The continuous expansion of the aerospace industry would create vast market demand.

The aerospace industry harbors the goal of improving fuel efficiency. When labor and operating costs continue to rise, reducing fuel costs can increase profitability and stable competitiveness for passenger airlines. To meet the challenges of rising operating costs and ever-increasing demands for cost savings, enhanced performance, and sustainability, aircraft manufacturers adopt lightweight materials.

Foaming protects materials against abrasion, temperature, moisture, impact, and corrosion. Using foam reduces overall weight, enhancing fuel economy, insulation, sound absorption, and corrosion resistance. The aerospace foam industry is continuously seeking more eco-friendly business practices to minimize their environmental impact in terms of sustainability and cost-effectiveness. The factors listed above allow aircraft manufacturers to reduce fuel consumption.

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The recent upsurge in the unrest surrounding air travel and the rising desire for lightweight, fuel-efficient aircraft are the key market drivers enhancing the market growth. In addition, aerospace foam is utilized extensively as a component of coatings, paints, and adhesives in residential and commercial properties, boosting the market's growth. Governments globally are implementing stricter fuel consumption standards for aircraft.

Key Companies in the Aerospace Foam market include

  • BASF SE
  • Huntsman Corporation
  • Armacell
  • BOYD Corporation
  • Evonik Industries
  • Sabic
  • Rogers Corporation
  • Zetofoams PLC
  • General Plastics Manufacturing Company
  • ERG Materials
  • Among others.

Report Scope:

Report Attribute Details
Market Size 2032 USD 9.7 Billion
Compound Annual Growth Rate (CAGR) 6.50% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Forecast Units Value (USD billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered By Type, Application, and Region
Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Dynamics Increasing commotion across air travel in recent years and the increasing demand for lightweight and fuel-efficient aircraft

Browse In-depth Market Research Report (128 Pages) on Aerospace Foam:

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Segments

The global aerospace foam market report is segmented into materials, applications, end uses, and regions. The material segment is sub-segmented into PU, PE, Melamine, PMI/Polyimide Foams, and others. The PU foams segment holds the largest market share due to the product's broad range of applications. PU foams are utilized as insulation for aircraft's baggage areas, ceilings, walls, and partitions between class sections & restrooms.

The end-use segment is sub-segmented into commercial, military, and general aviation. The commercial aircraft segment holds the largest market share due to the expanding global air travel. Additionally, the expansion of low-cost carriers increases the demand for foams.

The application segment is sub-segmented into aircraft seats, floor carpets, flight deck pads, cabin walls & ceilings, overhead stow bins, and others (aircraft prototypes, galleys, and lavatories). Of these, the cabin walls & ceilings segment holds a leading market share due to the extensive use of aerospace foam, particularly PU foam, in aircraft chassis.

With the fastest growth rate and largest revenue share, the segment is expected to continue to rise during the projected period. By regions, the aerospace foam market is segmented into the Americas, Europe, Asia-Pacific, MEA, and the rest of the world. North America accounts for the extensive market share, while APAC exhibits the highest CAGR.

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Regional Analysis

North America dominates the global aerospace foam market due to the upsurge in PU foam sales in the region. Besides, high consumer disposable income and luxurious living conditions in the US and Canada boost the aerospace foam market size. The US is a major contributor to the regional market, headed by the increasing aircraft demand across the nation over the last decade. Also, the presence of major aircraft manufacturers in the US substantiates the aerospace foam market revenues.

Europe accounts for the second-largest share of the global aerospace foam market. The vast increase in aircraft demand and overall airplane shipments due to the rising number of tourists visiting the continent in recent years has pushed the regional market demand. Germany holds the largest market share, while the UK is the fastest-growing market for aerospace foams in the region. The European aerospace foam market is predicted to grow steadily during the projected period.

The Asia-Pacific region perceives rapid growth in the aerospace foam market. The steady rise in air travelers and the demand for stronger yet lighter materials to increase aircraft fuel economy in developing nations drive market growth. A major growth driver behind the market growth will be the development of the aerospace industry in China, India, Korea, and Taiwan.

Additionally, increased economic growth has led to stimulated investments in the aircraft industry and increased air travel in the region. China holds the largest share, whereas India is the fastest-growing market for aerospace foams. The APAC aerospace foam market is anticipated to grow during the forecast period.

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Competitive Landscape

There are numerous players operating in the global aerospace foam market. These players lead the market owing to their product differentiation, strategic developments, financial stability, and diversified regional presence. Leading market players are involved in developing awareness campaigns and establishing innovative products, which are predicted to promote the growth of the market.

The players concentrate on supporting research and development. They embrace strategic approaches, such as product development & introduction, joint ventures (JVs), and partnerships, to strengthen their market position and capture an extensive customer base.

For instance, On Jun. 15, 2022, 3A Composites Core Materials announced the acquisition of the TegraCore foam business. TegraCore polyphenylsulfone (PPSU) thermoplastic resin-based foam is lightweight, recyclable, and with fire-retardant properties for complex shapes, which will become part of a portfolio under the name Airex TegraCore.

With its fire-retardant properties, Airex TegraCore foam can meet the requirements of demanding environmental conditions and complex shapes. Airex foam includes products such as Airex R82 and T90 foams, coring for fire, smoke, and toxicity (FST) applications. The acquisition will enhance the already high-end portfolio of 3A Composites, reinforcing its offering and allowing further developments in targeted markets, such as aerospace, marine, and rail.

Prominent players in the global aerospace foam market are Huntsman Corporation, BASF SE, Armacell, Evonik Industries, BOYD Corporation, Sabic, Rogers Corporation, General Plastics Manufacturing Company, Zetofoams PLC, and ERG Materials, among others.

Discover more research Reports on Chemical Industry, by Market Research Future:

Bronze Market Research Report Information By Type (Aluminum Bronze, Phosphor Bronze, Silicon Bronze, Manganese Bronze, Leaded Bronze, Others), By Process (Bronze Casting, Bronze Forging, Bronze Extrusion, Others), By End-Use (Architecture, Marine, Automotive & Transportation, Electrical & Electronics, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.

Metal Grating Market Research Report Information by Product Type (Bar Grating and Safety Grating), By Material Type (Carbon Steel, Aluminum, Stainless Steel, Galvanized Steel, and Others), End-User (Water & Wastewater Treatment Industry, Chemical Industry, Oil & Gas, Food Industry, and Others) And Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Magnesium Chloride Market Research Report Information by Form (Liquid and Flakes), Grade (Industrial, Food & Pharmaceutical), Application (Deicing Agent, Dust Suppressant, Chemicals & Derivatives, Building Materials, Pharmaceuticals, Food & Feed and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2030

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The aerospace industry uses foam to reduce weight, enhancing fuel economy, insulation, sound absorption, and corrosion resistance.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Stricter global fuel standards are driving demand for lightweight, fuel-efficient aircraft.

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.

The aerospace industry is adopting sustainable aviation fuels as part of its sustainable development commitment.

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Content: Cabin seat parts don't have to be lost Local company ATC can be quickly refurbished
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In addition to the adoption of sustainable aviation fuels (SAF), the aerospace and aviation industry is also committed to sustainable development in more ways, and relevant SMEs can play a role.
This series introduces large companies driving small and medium-sized enterprises to cultivate green business.
One of the SMEs acquired technology transfer and refurbished cabin components for Singapore Airlines and saw greater business opportunities from the quadripartite aircraft maintenance sector.
Another is that mainframe meal suppliers start from the supply chain and promote cooperation with SMEs in sustainable development.
There is also a local start-up company supported by research institutions, whose breakthrough technology solutions can better turn waste materials from scrapped aircraft into useful carbon fiber.
Sustainability is a new trend in the aviation and aerospace industry, and for Xie Jinchang, who has been operating surface treatment engineering services for many years, this is an opportunity for the company to enter new markets.
Applied Total Control Treatment Sdn Bhd (ATC) Executive Director Jin-chang Xie, 51, said in a recent interview at his headquarters in Woodlands Industrial District that the company had previously focused mainly on the new aircraft market and was part of the Airbus and Boeing aircraft production supply chain.
However, as the market shifts towards sustainability, and given the challenges that have emerged in the supply chain since the coronavirus pandemic, he has come to realize that the company has more room in the aircraft repair and refurbishment (MRO) market to serve airline customers from around the world.
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What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

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

SMEs can contribute to the industry's sustainable development.

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Content: Cabin seat parts don't have to be lost Local company ATC can be quickly refurbished
Subscriber
BONUS ARTICLES
Subscriber exclusive access to articles
Morning Post has added “Free Articles ” feature! For Morning Post VIP members, you can get 5 exclusive articles per month.
LEARN MORE
Font Size:
In addition to the adoption of sustainable aviation fuels (SAF), the aerospace and aviation industry is also committed to sustainable development in more ways, and relevant SMEs can play a role.
This series introduces large companies driving small and medium-sized enterprises to cultivate green business.
One of the SMEs acquired technology transfer and refurbished cabin components for Singapore Airlines and saw greater business opportunities from the quadripartite aircraft maintenance sector.
Another is that mainframe meal suppliers start from the supply chain and promote cooperation with SMEs in sustainable development.
There is also a local start-up company supported by research institutions, whose breakthrough technology solutions can better turn waste materials from scrapped aircraft into useful carbon fiber.
Sustainability is a new trend in the aviation and aerospace industry, and for Xie Jinchang, who has been operating surface treatment engineering services for many years, this is an opportunity for the company to enter new markets.
Applied Total Control Treatment Sdn Bhd (ATC) Executive Director Jin-chang Xie, 51, said in a recent interview at his headquarters in Woodlands Industrial District that the company had previously focused mainly on the new aircraft market and was part of the Airbus and Boeing aircraft production supply chain.
However, as the market shifts towards sustainability, and given the challenges that have emerged in the supply chain since the coronavirus pandemic, he has come to realize that the company has more room in the aircraft repair and refurbishment (MRO) market to serve airline customers from around the world.
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The aviation industry is trending towards enhanced passenger experiences, driven by demand for premium economy.

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Content: Dubai to gather aviation industry leaders on March 5
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Aviation Week has unveiled the agenda for the Middle East Aircraft Maintenance, Repair and Refurbishment and Middle East Aircraft Interior Design exhibitions, which aims to drive the industry ’ s efforts towards business expansion in the Middle East, where the region, which plays a pivotal role in global aviation traffic, is witnessing significant growth in the aviation sector.
Demand for new aircraft is also increasing to meet the requirements of airlines in line with their plans to expand their fleet and modernize their aircraft, and the contribution of the aircraft maintenance, repair and refurbishment sector in the region is expected to reach more than 11.5% globally over the next 10 years, boosting the size of the market to exceed the US $137 billion margin in the Middle East.
The Middle East ’ s interior design market will rise from $0.93 billion in 2024 to $1.26 billion by 2030, according to recent forecasts, due to the trend towards enhanced passenger experiences and growing demand for premium economy class.
Taking place on 5 and 6 March 2024 at the Dubai World Trade Centre (DWTC), more than 50 global and regional leaders are expected to discuss trends driving the industry ’ s growth, including Justin O ’ Donnell, Director of Technical Operations at Riyadh Airline, Geoffrey Wilkinson, CEO of Dubai Aerospace Industries, Salman Iqbal, Senior Technical Supply and Contracts Manager at Etihad Airways, and Andrei Kochi. Technical Director at Wizz Air.
The two-day agenda will focus on key topics in the aircraft maintenance, repair and refurbishment sector, including workforce and supply chain challenges, sustainability, improved fleet management and the benefits of new technology, as well as the regional and cargo market.
During a session titled “Aircraft Maintenance, Repair and Refurbishment: Sustainability – Where is the Sector Now? ”, OEMs will discuss sustainability initiatives in the Middle East and what they expect to see in the future, especially as the aviation industry approaches net zero emissions by 2050.
Colgate Gata Aura, president of Boeing Middle East, Turkey, Africa and Central Asia, said: “At Boeing, the future of the aviation industry will be digital, sustainable and automation driven.
Operational efficiency is one of the key pillars that will contribute to the sector ’ s net zero emissions.
Boeing continues to invest in areas that ensure our aircraft are equipped with the latest equipment to support advanced procedures, and we are working with airlines, government customers, air navigation service providers and airports to improve efficiency. ”
Ziad Al Hazmi, CEO of Lufthansa Technic Middle East, will also be taking part in a panel discussion titled “Aircraft Maintenance, Repair and Refurbishment: Workforce Challenges – Attracting, Training and Retaining Expertise ”.
Al-Hazmi said: “At Lufthansa Technic, we believe that investing in the workforce is one of the cornerstones of our success.
By focusing on attracting, training and retaining talent and expertise, we are able to build a team with all the expertise and dedication it takes to take our aircraft maintenance, repair and refurbishment business to the next level. ”
A series of sessions will cover the latest developments and trends in the aircraft interior design market.
This includes the future of cabin design, in-flight entertainment and communication systems, how to personalize passenger experiences, challenges and opportunities in the areas of modernization and sustainability, among others.
Ahead of the session “Addressing the Challenges of Airline Strategies in Updating, Maintenance and Repair of Passenger Cabins ”, Dr. Pravin Srivastava, Founder and CEO of Aerochamp Aviation, said:“ The passenger cabin is the only space on the aircraft that passengers can see and feel, and therefore the cabin designs are an important part of the overall perception that passengers take of the airline.
Due to increased competition and low price elasticity of demand, cabin design and comfort play a key role when choosing which airline to fly on.
I look forward to discussing strategies that will help overcome the challenges faced by airlines in modernizing and maintaining passenger cabins.
We also aim to help airlines improve cabin maintenance costs through the use of cutting-edge technologies, parts replacement options and certification. ”
The show also features the Onboard Hub, which will showcase a variety of cruise control products and free, interactive content, with a focus on the latest innovations in in-flight entertainment and the passenger experience.
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The aviation industry aims for net zero emissions by 2050.

Operational efficiency will contribute to the sector's net zero emissions.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

IATA has approved a resolution for the air transport industry to achieve net-zero carbon emissions by 2050.

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Content: Dubai: Aerospace industry CEOs, executives, and officials will gather at the Dubai Airshow on November 14 as the pandemic’s first in-person aviation event takes off.

The air show, which will go on till November 18, will be the largest aerospace trade event to be held globally, with the cancellation of European shows Farnborough and Le Bourget in 2020 and 2021, respectively. The event, which is expected to pull in more than 85,000 visitors, will take place at its purpose-built venue -- Dubai Airshow Site -- at the Dubai World Central airport.

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The mega event will have more than 1,200 exhibitors from 148 countries, displaying over 160 aircraft. It will also include a host of free-to-attend conferences featuring more than 250 industry experts who will share insights and trends across nine areas of expertise including cargo, sustainability, technology and space, among others.

Timothy Hawes, Managing Director at Tarsus Middle East, organisers of Dubai Airshow 2021 said: “The Dubai Airshow 2021 will be like no other – it is the first opportunity since the pandemic for industry professionals to come together again to share significant updates, game-changing initiatives, cutting-edge technologies and sustainable solutions set to revolutionise aviation. We stand at a unique moment in time after many aerospace businesses rapidly pivoted operations and invested in new technology to drive a new sustainable era for the industry.”

Dubai’s recovery

The air show comes as Dubai’s aviation sector bounces back from the pandemic, which led to the grounding of passenger jets and wiped out air travel demand across the world. Over the last year, Emirates and flydubai have slowly restored their networks as major markets opened for travel.

The Dubai Airshow is a testament to the emirate’s response to the pandemic, said Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, and Chairman and CEO of Emirates airline and group, during a media briefing earlier this month.

Dubai’s COVID-19 response was focused on “protecting the health and wellbeing of the people as a top priority, while minimising the impact of the crisis on the nation’s economy,” he had said.

Dubai’s aviation recovery is reflected in Emirates’ latest financial results. The airline posted an 81 per cent surge in its revenue to Dh24.7 billion in the April to September period this year. Emirates carried 6.1 million passengers between April 1 and September 30, 2021, up 319 per cent from the same period last year.

Focus on sustainability

Sustainability will be a top agenda for airlines at the air show amid increasing pressure from investors and activists to cut carbon emissions. The talk will mostly be about adopting more fuel-efficient aircraft and sustainable aviation fuels (SAFs).

In a landmark move in October, the International Air Transport Association (IATA) approved a resolution for the global air transport industry to achieve net-zero carbon emissions by 2050. The global aviation industry is responsible for around 2 per cent of all emissions – flights produced 915 million tonnes of carbon dioxide in 2019.

Cargo boom

Airlines will be in talks with the two major plane-makers – Boeing and Airbus – on potential freight aircraft orders amid a global supply crunch. “With international travel still severely depressed, there are fewer passenger planes offering belly capacity for cargo. And supply chain bottlenecks could intensify as businesses continue to ramp up production,” said Willie Walsh, IATA’s Director General, in a statement earlier.

Demand for freighters has gone through the roof during the pandemic with global consumers shopping online for everything from tech gadgets to groceries. Global demand, measured in cargo tonne-kilometers, was up 7.7 per cent compared to August 2019, according to the industry body.

Aircraft display

one of the biggest highlights of the show will be the static park and flying display, which will feature more than 175 of the world’s most advanced aircraft on ground and in the air. The Airshow will feature aerobatic displays from the UAE Air Force’s Fursan, the Russian Knights, the Saudi Hawks, Surya Kiran from India and the Sarang Team of the Indian Air Force. Checkmate, the next generation Sukhoi fighter jet will make its first international debut for the next generation Sukhoi fighter jet. The Boeing 777X and the Leonardo AW609 will also make debuts at this year’s Airshow.

Conferences

This year, Dubai Airshow has introduced a host of free-to-attend conferences featuring more than 250 industry experts, who will be providing more than 50 hours of invaluable insights and trends across nine tracks including cargo, sustainability, technology, and space among others.

VISTA

Aerospace startups will take part in the brand new startup hub where they will have the opportunity to showcase their breakthrough solutions, take part in pitch competitions with major local and global aerospace entities such as Etihad Airways, Mohammed Bin Rashid Space Centre (MBRSC), Amazon Web Services (AWS) and Boeing Applied Innovation. Entrepreneurs will also have the chance to get involved in mentorship programmes, workshops, and high-level networking with leading investors and accelerators.

There will be new aircraft demos from Bellwether Industries presenting the Antelope, an urban vertical take-off and landing vehicle with hidden propellers as well as Manta Aircraft’s ANN2, a two-seat model for personal air mobility with wide regional range at high speed.

Tech zone

Dubai Airshow 2021 will have a major focus on technology, providing a dedicated platform for showcasing the latest emerging technologies, including Artificial Intelligence (AI), 5G, cybersecurity and automation.

Dubai Airshow mobile application - A brand new feature for the show this year is the Dubai Airshow application, which harnesses the power of AI to facilitate business matchmaking based on profile and interest.

The global aviation industry produces around 2% of all emissions, or 915 million tonnes of carbon dioxide, as seen in 2019.

Global aviation CO2 emissions rose from 34.3 billion tons in 2020 to 36.8 billion tons in 2022.

Title:

Content: On June 28 and 29, the weekly magazine held the 6th "Taiwan Great Future International Summit", with the theme "Technology, Sustainability."
With the theme of “Global Pulse, ”“ Key Technology Trends, ” “Innovative Technology and Green Vision, ” and“ Net Zero Sustainability Era, ” we hope to explore the new Bureau with nearly 30 heavyweight leaders from all walks of life at home and abroad in the midst of rapid change.
In the core issue of “Innovation, Technology and Green Vision ”, Lin Guoxian, Director of Civil Aviation Bureau of the Ministry of Communications, delivered a keynote speech on“ Low-carbon and Sustainable Civil Aviation Development ” and held talks with Taoyuan International Airport Company General Manager Fan Hsiao-lun, EVA Air Chief Vice President He Ching-sheng, and China Airlines Senior Vice President Peng Baozhu.
In his speech, Lin Guoxian said that China is currently actively promoting a clean transportation environment, with the policy goals of reducing energy consumption and greenhouse gas emissions, and reducing air pollution emissions. In addition to carbon reduction and pollution reduction measures, we also need to replace high pollution and high energy consumption vehicles, develop intelligent transportation systems, improve vehicle energy efficiency standards, and build a green transportation network with high energy efficiency.
Lin Guoxian also mentioned that the current global aviation CO2 emissions have risen from 34.3 billion tons in 2020 and 365 tons in 2021 to 36.8 billion tons in 2022. The global energy-related CO2 emissions in 2022 are 0.82% compared to 2021. The global aviation net zero target and carbon emissions have set long-term targets in the 41st General Assembly of the International Civil Aviation Organization (ICAO) in 2022. Special circumstances and capabilities (e.g. development level, aviation market maturity) to actively reduce carbon.
He pointed out that the amendment of the "Climate Change Response Law" on February 15, 2023 stipulates that the national long-term greenhouse gas reduction target is to achieve net zero greenhouse gas emissions by 2050 (base year 2005), and in 2020 China's total greenhouse gas emissions 285 million tons CO2e, air transport accounted for 2.05% of the total, which is equivalent to the international carbon emissions.
Lin Guoxian said that China's carbon reduction implementation direction in the planning of the aviation industry net zero blueprint, has been in line with the international carbon reduction implementation trend.
These include building energy-efficient transport networks, promoting new systems, replacing polluting aircraft, using renewable energy, and building green airports.
There have been good results so far.
In the future, government departments will need to work with airlines, airports, air service facilities, equipment suppliers, and even travelers to achieve the ROC's net-zero carbon emission goal.
# Lim Kwok-hsien # Development # Transportation # Goal # Civil Aviation

The International Civil Aviation Organization has set targets to reduce aviation's carbon emissions.

Title:

Content: On June 28 and 29, the weekly magazine held the 6th "Taiwan Great Future International Summit", with the theme "Technology, Sustainability."
With the theme of “Global Pulse, ”“ Key Technology Trends, ” “Innovative Technology and Green Vision, ” and“ Net Zero Sustainability Era, ” we hope to explore the new Bureau with nearly 30 heavyweight leaders from all walks of life at home and abroad in the midst of rapid change.
In the core issue of “Innovation, Technology and Green Vision ”, Lin Guoxian, Director of Civil Aviation Bureau of the Ministry of Communications, delivered a keynote speech on“ Low-carbon and Sustainable Civil Aviation Development ” and held talks with Taoyuan International Airport Company General Manager Fan Hsiao-lun, EVA Air Chief Vice President He Ching-sheng, and China Airlines Senior Vice President Peng Baozhu.
In his speech, Lin Guoxian said that China is currently actively promoting a clean transportation environment, with the policy goals of reducing energy consumption and greenhouse gas emissions, and reducing air pollution emissions. In addition to carbon reduction and pollution reduction measures, we also need to replace high pollution and high energy consumption vehicles, develop intelligent transportation systems, improve vehicle energy efficiency standards, and build a green transportation network with high energy efficiency.
Lin Guoxian also mentioned that the current global aviation CO2 emissions have risen from 34.3 billion tons in 2020 and 365 tons in 2021 to 36.8 billion tons in 2022. The global energy-related CO2 emissions in 2022 are 0.82% compared to 2021. The global aviation net zero target and carbon emissions have set long-term targets in the 41st General Assembly of the International Civil Aviation Organization (ICAO) in 2022. Special circumstances and capabilities (e.g. development level, aviation market maturity) to actively reduce carbon.
He pointed out that the amendment of the "Climate Change Response Law" on February 15, 2023 stipulates that the national long-term greenhouse gas reduction target is to achieve net zero greenhouse gas emissions by 2050 (base year 2005), and in 2020 China's total greenhouse gas emissions 285 million tons CO2e, air transport accounted for 2.05% of the total, which is equivalent to the international carbon emissions.
Lin Guoxian said that China's carbon reduction implementation direction in the planning of the aviation industry net zero blueprint, has been in line with the international carbon reduction implementation trend.
These include building energy-efficient transport networks, promoting new systems, replacing polluting aircraft, using renewable energy, and building green airports.
There have been good results so far.
In the future, government departments will need to work with airlines, airports, air service facilities, equipment suppliers, and even travelers to achieve the ROC's net-zero carbon emission goal.
# Lim Kwok-hsien # Development # Transportation # Goal # Civil Aviation

China aims to achieve net zero emissions by 2050, based on 2005 levels.

Title:

Content: On June 28 and 29, the weekly magazine held the 6th "Taiwan Great Future International Summit", with the theme "Technology, Sustainability."
With the theme of “Global Pulse, ”“ Key Technology Trends, ” “Innovative Technology and Green Vision, ” and“ Net Zero Sustainability Era, ” we hope to explore the new Bureau with nearly 30 heavyweight leaders from all walks of life at home and abroad in the midst of rapid change.
In the core issue of “Innovation, Technology and Green Vision ”, Lin Guoxian, Director of Civil Aviation Bureau of the Ministry of Communications, delivered a keynote speech on“ Low-carbon and Sustainable Civil Aviation Development ” and held talks with Taoyuan International Airport Company General Manager Fan Hsiao-lun, EVA Air Chief Vice President He Ching-sheng, and China Airlines Senior Vice President Peng Baozhu.
In his speech, Lin Guoxian said that China is currently actively promoting a clean transportation environment, with the policy goals of reducing energy consumption and greenhouse gas emissions, and reducing air pollution emissions. In addition to carbon reduction and pollution reduction measures, we also need to replace high pollution and high energy consumption vehicles, develop intelligent transportation systems, improve vehicle energy efficiency standards, and build a green transportation network with high energy efficiency.
Lin Guoxian also mentioned that the current global aviation CO2 emissions have risen from 34.3 billion tons in 2020 and 365 tons in 2021 to 36.8 billion tons in 2022. The global energy-related CO2 emissions in 2022 are 0.82% compared to 2021. The global aviation net zero target and carbon emissions have set long-term targets in the 41st General Assembly of the International Civil Aviation Organization (ICAO) in 2022. Special circumstances and capabilities (e.g. development level, aviation market maturity) to actively reduce carbon.
He pointed out that the amendment of the "Climate Change Response Law" on February 15, 2023 stipulates that the national long-term greenhouse gas reduction target is to achieve net zero greenhouse gas emissions by 2050 (base year 2005), and in 2020 China's total greenhouse gas emissions 285 million tons CO2e, air transport accounted for 2.05% of the total, which is equivalent to the international carbon emissions.
Lin Guoxian said that China's carbon reduction implementation direction in the planning of the aviation industry net zero blueprint, has been in line with the international carbon reduction implementation trend.
These include building energy-efficient transport networks, promoting new systems, replacing polluting aircraft, using renewable energy, and building green airports.
There have been good results so far.
In the future, government departments will need to work with airlines, airports, air service facilities, equipment suppliers, and even travelers to achieve the ROC's net-zero carbon emission goal.
# Lim Kwok-hsien # Development # Transportation # Goal # Civil Aviation

The aviation industry must meet 2050 net zero targets through significant changes in energy and fuel infrastructure.

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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Atkins predicts 44,000 TWh of energy will be needed annually by 2070 for sustainable aviation fuel.

The global business jet market size reached US$ 19.2 Billion in 2023.

Title:

Content:
Business Jet Market Share, Size, Trends, Segments And Forecast By 2024-32Business Jet Market

(MENAFN- IMARC Group) The latest report by IMARC Group, titled“ Business Jet Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032 “, The global business jet market size reached US$ 19.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

A business jet, also known as a private jet, is a specialized aircraft designed and manufactured for the specific needs of corporations, businesses, and affluent individuals. These jets are equipped with modern amenities, advanced technology, and luxurious interiors, ensuring a premium travel experience that emphasizes privacy, comfort, and efficiency. They offer flexibility in scheduling, enabling executives and professionals to adhere to tight schedules, attend multiple meetings in different cities within a single day, or respond rapidly to emerging opportunities or challenges. The global market for business jets caters to various industries, including finance, entertainment, government, and technology sectors. Business jets serve as a symbol of status, excellence, and innovation, reflecting the dynamism and ambition of the organization or individual that utilizes it. They also provide a secure and confidential environment for conducting business, fostering negotiations, and strengthening relationships. In recent years, there has been a growing trend toward customizing business jets to meet individual preferences and unique requirements, further adding to the allure and distinctiveness of this mode of transport.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/business-jet-market/requestsample

Business Jet Market Trends and Drivers:

The global business jet market is primarily driven by the rising demand for enhanced mobility, time efficiency, and personalized travel experiences among corporate executives and high-net-worth individuals. The continuous globalization of business and expansion of multinational corporations necessitates rapid and flexible transportation solutions, propelling market growth. Moreover, innovations in technology, design, and comfort features are attracting new customers, while the trend toward fractional ownership and leasing options is making business jet travel more accessible to a broader range of companies and individuals. Along with this, the growing awareness of the strategic advantages of business jet travel in terms of productivity, convenience, and competitive edge is fueling the market expansion. In addition, the emergence of eco-friendly business jet models, with improved fuel efficiency and reduced carbon emissions, aligns with the global push toward sustainability and responsible corporate citizenship. This, coupled with robust economic growth in emerging markets, regulatory support, and a shift toward more flexible and adaptive business practices, is supporting market growth. Furthermore, governments and regulatory bodies are increasingly facilitating the use of business jets by easing restrictions and streamlining certification processes, making it easier for companies to operate business jets. In line with this, the escalating demand for pre-owned business jets, as more companies and individuals seek cost-effective options for private air travel, is augmenting the market growth. Besides this, the incorporation of cutting-edge technologies such as advanced avionics systems, in-flight entertainment, and connectivity solutions is enhancing the appeal of business jets to tech-savvy customers and businesses looking to offer state-of-the-art travel experiences. Other factors, including the need for fast and efficient travel, the emergence of specialized services like maintenance, repair, and overhaul services, rising demand for long-range business jets, and evolving travel preferences toward private aviation, are also creating a positive market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Light
  • Medium
  • Large

Breakup by Business Model:

  • On-Demand Service
    • Air Taxis
    • Branded Charters
    • Jet-Card Programs
  • Ownership
    • Fractional Ownership
    • Full Ownership

Breakup by Range:

  • < 3,000 NM
  • 3,000 – 5,000 NM
  • > 5000 NM

Breakup by Point of Sale:

  • OEM
  • Aftermarket

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Airbus
  • Bombardier Inc.
  • Dassault Aviation
  • Embraer S.A.
  • Gulfstream Aerospace
  • Honda Aircraft Company
  • Pilatus Aircraft
  • Piper Aircraft
  • Saab AB
  • Textron Inc.
  • The Boeing Company

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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The market is expected to reach US$ 27.0 Billion by 2032, growing at 3.8% from 2024-2032, driven by demand for enhanced mobility and personalized travel.

Major players in the business jet market include Airbus, Bombardier, Dassault, Embraer, Gulfstream, and Boeing.

The global air mobility market is booming, especially in India and China, where Chinese manufacturers compete with Boeing and Airbus.

Title:

Content: 1.
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Economy of China
C919: Chinese Airbus competitor
10 April 2024
Global air mobility is booming, especially in emerging markets such as India and China.
Chinese aircraft manufacturers now also want to compete with aircraft giants Boeing and Airbus.
https: / / p.dw.com / p / 4edQk

China has developed the C919, a competitor to Airbus, expected to sell well in the Chinese market.

Title:

Content: 1.
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2.
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3.
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Economy of China
C919: Chinese Airbus competitor
10 April 2024
Global air mobility is booming, especially in emerging markets such as India and China.
Chinese aircraft manufacturers now also want to compete with aircraft giants Boeing and Airbus.
https: / / p.dw.com / p / 4edQk

The commercial aircraft interior lighting market is expected to grow over 5.5% CAGR, driven by demand for internal systems and aircraft modernization.

Title:

Content: Commercial Aircraft Interior Lighting Global Market Report 2023: Increasing Aircraft Modernization Programs Drive Demand

Dublin, IRELAND

Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The "Commercial Aircraft Interior Lighting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)" report has been added to ResearchAndMarkets.com's offering.

The commercial aircraft interior lighting market is anticipated to grow at a CAGR of over 5.5% during the forecast period.

A growing number of air passengers, rising investments in the aviation sector, and increasing aircraft modernization programs create demand for internal systems, which drive market growth.

Increasing preference for new LED and OLED lights to enhance customer experience during the flight is expected to support the development of the market.

Furthermore, increased demand for non-electrical floor path lighting drive market growth. It consists of photoluminescent lighting strips installed on the cabin floor to guide passengers to emergency exists in case of lighting failures. The system does not require a lightweight power source, has an improved lifespan, and has zero maintenance.

Additionally, aging aircraft are undergoing refurbishments to extend their service lives, which may further generate demand for interior cabin products. Traditional lights are being replaced by advanced LEDs that have longer lives, low power consumption, robust designs, and enable easy installation, driving the market's growth during the forecast period.

Commercial Aircraft Interior Lighting Market Trends

Narrow-body Aircraft Segment is Expected to Show the Highest Growth During the Forecasts Period

Narrow-body aircraft are estimated to show remarkable growth during the forecast period. The growth is due to increasing narrow-body aircraft deliveries and investment in aircraft modernization programs.

In 2021, Boeing delivered 263 narrow-body aircraft (43 aircraft delivered in 2020), while Airbus delivered 533 narrow-body aircraft (484 aircraft delivered in 2020). Furthermore, Air India is planning to buy 300 narrow-body aircraft, one of the largest orders in India's commercial aviation.

Thus, growing orders for narrow-body aircraft and increasing expenditure from airlines on aircraft interior lighting systems drive the market growth. In addition, airlines are adopting advanced technologies to enhance passengers' experience during flights.

For instance, in November 2021, Singapore Airlines (SIA) launched new cabin products that were rolled out on its Boeing 737-8 fleet. The products include business class seats, Wi-Fi service, and others.

The business class seat has USB charging ports, an in-seat power supply, a reading light with adjustable brightness, and mood lighting. Such developments are likely to fuel the demand for commercial aircraft lighting over the forecast period.

North America Will Dominate the Market During the Forecast Period

North America is projected to show significant growth during the forecast period. The growth is due to the presence of well flourish aviation industry, increasing aircraft deliveries, and growing spending on the aviation sector. Developing air traffic and the modernization of aging aircraft is likely to boost market growth in the coming years.

Boeing, an aircraft manufacturer, forecasts that there is expected to be demand for about 41,170 new passenger and freighter aircraft deliveries over the next 20 years. Of the total projected deliveries, 23% of the new aircraft deliveries are likely to go to the North American region. In comparison, 63% will go to Europe, Asia-Pacific, and China, with a share of 21% respectively.

For instance, in June 2022, Delta Air Lines plans to buy 12 new A220-300 aircraft from Airbus. Also, Delta announced that it would buy 100 Boeing 737 MAX 10 jets worth about USD 13.5 billion and has options to buy another 30. In addition, in June 2021, United Airlines, an American airline, ordered 270 commercial aircraft, out of which 200 were Boeing Max jets and 70 Airbus A321neos.

The airline is planning to make seatback screens central to its new aircraft interiors and add higher numbers of roomier seats in coach. Thus, growing investments from airlines and increasing aircraft deliveries will create demand for advanced aircraft lighting systems that drive market growth across North America.

Commercial Aircraft Interior Lighting Industry Overview

The market for commercial aircraft interior lighting is fragmented, with several global and local players. Some prominent players are Collins Aerospace, STG Aerospace, Cobalt Aerospace, Safran SA, SELA, and Diehl Stiftung & Co. KG. The commercial aircraft interior lighting market is highly competitive. Product innovation is critical for the existing players to enhance their market presence. Moreover, long-term OEM contracts help companies maintain stable growth with increasing aircraft orders. For instance, Diehl Aviation and HAECO cabin solutions enter into a strategic commercial agreement to deliver a wide range of aircraft cabin interior components such as lighting systems, stowages, galleys, lavatories, seating, and reconfiguration engineering.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

5 MARKET SEGMENTATION
5.1 Aircraft Type
5.1.1 Narrow-body Aircraft
5.1.2 Wide-body Aircraft
5.1.3 Regional Aircraft
5.2 Light Type
5.2.1 Reading Lights
5.2.2 Ceiling and Wall Lights
5.2.3 Signage Lights
5.2.4 Lavatory Lights
5.2.5 Floor Path Lighting Stripes
5.3 Cabin Class
5.3.1 Economy Class
5.3.2 Business Class
5.3.3 First Class
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 South Korea
5.4.3.5 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Rest of Latin America
5.4.5 Middle East and Africa
5.4.5.1 United Arab Emirates
5.4.5.2 Saudi Arabia
5.4.5.3 South Africa
5.4.5.4 Egypt
5.4.5.5 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

A selection of companies mentioned in this report includes

  • Collins Aerospace (United Technologies Corporation)
  • STG Aerospace Limited
  • Cobalt Aerospace Group
  • Safran SA
  • Diehl Stiftung & Co. KG
  • SELA Lighting Systems
  • Astronics Corporation
  • Luminator Technology Group
  • Schott AG
  • Cobham PLC
  • Soderberg Manufacturing Co. Inc.
  • Bruce Aerospace

For more information about this report visit https://www.researchandmarkets.com/r/t8a1fn

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Boeing and Airbus dominate the passenger jet market, but China's COMAC may break their monopoly in the next decade.

Title:

Content: Friday 15 Dhu al-Hijjah 1445 AH - 21 June 2024 |
Programs
Watch our latest episodes online
Can China ’ s COMAC break Airbus and Boeing ’ s monopoly in the passenger jet market?
DAE Chairman Fairuz Tarapur told Reuters China ’ s state-owned COMAC has the opportunity to break Airbus and Boeing ’ s monopoly on the passenger jet production market over the next decade.
Airbus and Boeing are major aircraft suppliers to airlines, but Airbus is struggling to boost production amid record orders and Boeing is under regulatory scrutiny after a new body plate exploded in flight in January.
In a recent interview, Tarapur described the narrow-body C919, made by China Commercial Aircraft Corporation (COMAC) and compared to the Airbus A320 and Boeing 737 Max, as a “very good aircraft. ”
“Over the next decade, Comac will have a unique opportunity to break this duopoly, ” he said in Dubai this month.
"Because on the one hand Airbus has sold everything it has while Boeing is having production problems."
The Comac aircraft fly almost exclusively within China and with an Indonesian airline.
The aircraft manufacturer is seeking certification from the European Aviation Authority for its C919 while also looking for international customers.
However, aviation industry sources warn that Comac is still a long way from achieving successes at the international level especially without US or EU certifications or without more efficient aircraft.
Tarapur said demand for the plane from China and neighboring countries was "very strong" and COMAC had "a very good chance of making solid progress".
“In 30 years from now, I think we ’ re not going to talk about a binary monopoly, we ’ re definitely going to be an industry in which Comac plays a more important role. ”
Source:
• Reuters

The C919 is a competitor to the Boeing B737 and Airbus A320, aiming to challenge Western aviation giants' market dominance.

Title:

Content: China
China News
The core parts of the "domestic" aircraft still rely on Western Reuters: it will still take 10 years to challenge Boeing Airbus
Whether from research and development standards, performance parameters, cabin layout and even pricing, the C919 is regarded as the best-selling Western production model for the global aviation market such as the Boeing B737 and Airbus A320.
These two narrow-body aircraft manufacturers have basically monopolized the procurement needs of global airlines.
Behind China ’ s determination to innovate on its own, China ’ s intention to challenge the monopolistic market position of Western aviation giants is obvious.
After the C919 was certified as a model on September 29, Airbus and Boeing, the “competitors ”, have sent congratulatory messages through social media.
Next, if the C919 wants to enter the international market, it still faces many obstacles, one of the key steps is to obtain the United States or Europe's airworthiness certification.
Europe has accepted the C919 airworthiness certificate application, the United States has not yet known
In fact, the European Aviation Safety Agency (EASA) has already accepted C919 model eligibility applications in 2017.
At present, it is not known whether the US Aviation Administration (FAA) has accepted the relevant application for C919. Previously, China Commercial Aviation applied to the FAA for the airworthiness certificate of the small aircraft ARJ21, but in fact, the progress of the review and approval is slow.
In the industry, EASA or FAA airworthiness certification is recognized worldwide, and getting one of them means gaining access to the global sales market.
China commentator: It is difficult to obtain a European and American airworthiness certificate under political discrimination
For the C919's overseas certification path, Reuters quoted industry analysts as saying that if successful, the C919 will become the first non-Western country product to achieve airworthiness certification in a major category of jet aircraft, which lays the position of China's aircraft as a major competitor to Boeing and Airbus in the future.
But it will take at least a decade for China to challenge Boeing and Airbus in the face of their long-established monopoly.
The United Morning Post quoted mainland military commentator Song Zhongping as saying that due to potential political discrimination, it will be very difficult for the C919 to obtain airworthiness certificates in North America and Europe.
It is worth noting that although the C919 is advertised as “domestic ”, it is still very much dependent on components, technology and even system assistance provided by Western companies.
A large number of components used on the aircraft, including aircraft engines, avionics, control systems, communications and landing gear, are supplied by foreign suppliers (see figure).
Known foreign companies supplying C919 components to COMAC include large Western companies such as General Electric, Safran and Honeywell.
(5 days to 20)
Related words: Independent innovation competition Boeing Airbus C919 large aircraft
Previous / Next News

Airbus received 408 orders at the Dubai air show, surpassing Boeing's 78 orders.

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 global aircraft seating market was valued at USD 5,147.06 million in 2020 and is expected to reach USD 7,074.30 million by 2026, growing at a 5.60% CAGR.

Title:

Content: Global aircraft seating market stood at USD5,147.06 million in 2020 and is expected to grow at a CAGR of around 5.60%, in value terms, over the next five years to reach USD 7,074.30 million by 2026

on the back of growing passenger air travel, need for lightweight and durable seats, and the increasing rate of replacement of existing aircraft fleets across the world. To make the flying experience finer, aircraft manufacturers are increasingly mounting up better quality cabin seats which are lighter in weight and are built of superior quality.

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New York, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Aircraft Seating Market, By Aircraft Type, By Class, By Crew Seats and By Region, Competition Forecast & Opportunities, 2026" - https://www.reportlinker.com/p06184434/?utm_source=GNW
These cabin seats reduce the overall weight of the aircraft without compromising on safety standards for the passengers travelling in the aircraft. The reduced weight of the aircrafts helps the aircraft to run economically for larger distances, making the flight experience affordable for masses.

Apart from the reduced weight of aircraft seats, the demand for cabin seats which are technologically advanced is also increasing.These advanced system seats enrich the flight experience of travellers by allowing the users to watch movies, listen to music and gives user access to the internet.

The internet access allows the users to shop online while travelling in air, as well as help working professionals to make business decisions when needed during air travel.The expanding global economy and increasing consumer spending is also making the air travel affordable for the passengers, as a result the demand for passenger economy seats aircraft seats have increased in recent years.

Due to the increasing demand of economy air travel, most airlines are increasing the number of passenger economy seats in their aircrafts, thus driving the sales of the aircraft cabin seats around the world.Due to the rise in passenger air travel and increasing safety concerns for passengers travelling by air, the rate of replacements of existing aircraft seats have increased in the past decade, driving the global aircraft seating market at a rapid rate.

Apart from the existing airlines, new airlines are increasingly entering the global commercial aircraft market, increasing the need for aircraft seats across the globe and is aiding the global aircraft seating market to grow even further.

The spread of the COVID-19 pandemic has created both a public health crisis and an economic crisis across the world.With passenger air traffic put to halt, global air travel has been predominantly affected due to the pandemic.

As a result, there has been a steep decline in net orders of aircraft and consequently passenger aircraft seats globally in 2020. Nevertheless, the market is showing positive signs of recovery, because of which global aircraft seating market is expected to recover from the COVID-19 impact in around 3 years.

Some of the major players operating globally in aircraft seating market are Safran (Zodiac Aerospace), Collins Aerospace, Recaro Aircraft Seating Company, Jamco corporation, Geven S.p.A. Apart from these organizations, companies like Stelia Aerospace, Acro Aircraft Seating, HAECO Aircraft seating, Pitch Aircraft Seating systems, Avio Interiors are also increasing their marketing activities and enriching product portfolio across the globe to increase their customer outreach.

Years considered for this report:

Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026

Objective of the Study:

• To assess the demand-supply scenario of aircraft seating which covers production, demand, supply, and net inventory status of aircraft seating globally.
• To analyze and forecast the market size of aircraft seating in terms of value as well as volume.
• To classify and forecast global aircraft seating based on aircraft type, class, crew seats, seat type, end use and regional distribution.
• To identify drivers and challenges for global aircraft seating market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in aircraft seating.
• To conduct the pricing analysis for aircraft seating.
• To identify and analyze the profile of leading players involved in the manufacturing of global aircraft seating.
To perform the study, the analyst conducted primary as well as exhaustive secondary research.Initially, the analyst prepared an exhaustive list of aircraft seating manufacturers and dealers operating globally.

Subsequently, the analyst conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, the analyst could include manufacturers which could not be identified due to the limitations of secondary research. The analyst examined product offerings, distribution channels, and regional presence of all aircraft seats supplier across the globe.
The analyst calculated the market size for aircraft seating using a top-down technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. The analyst sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size.

Multiple secondary sources such as directories, databases such as General Aviation Manufacturers Association (GAMA), Bureau of Transportation Statistics (USA), Directorate General of Civil Aviation (DGCA) India, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by the analyst.

Key Target Audience:

• Technology investors

• Governments and financial institutions

• End users of commercial aircraft

• Research organizations and consulting companies.

• Research institutes

• Associations, organizations, forums, and alliances related to commercial aircraft

• Commercial aircraft manufacturing companies

• Industry associations

• Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as aircraft seat manufacturers, distributors and dealers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, global aircraft seating market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Aircraft Seating Market, By Aircraft Type:
o Narrow-body Aircraft
o Wide-body Aircraft
o Regional Aircraft
o Business Jets
• Global Aircraft Seating Market, By Class:
o Economy Class
o Premium-Economy Class
o Business-Class
o First-Class
• Global Aircraft Seating Market, By Crew Seats:
o Passenger Seats
o Cabin Crew Seats
o Pilot/Co-Pilot Seats
• Global Aircraft Seating Market, By Seat Type:
o 16G
o 9G
• Global Aircraft Seating Market, By End Use:
o OEM
o Aftermarket
• Global Aircraft Seating Market, By Region:
o North America
United States
Canada
Mexico
o Asia Pacific
China
India
Japan
South Korea
Australia
Rest of APAC
o Europe
UK
Germany
France
Russia
Spain
Italy
Rest of Europe
o South America
Brazil
Argentina
Colombia
Rest of South America
o Middle East and Africa (MEA)
Kingdom of Saudi Arabia (KSA)
Qatar
UAE
South Africa
Rest of MEA

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Aircraft Seating.

Available Customizations:

With the given market data, we offers customizations according to the company’s specific needs. The following customization options are available for the report:
Raw Material Analysis
• Detailed list of different raw materials used in production of aircraft seating, list of existing suppliers of raw materials, pricing analysis of raw materials, analysis of difference between imported and domestically procured raw materials.

Company Information

• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.
Read the full report: https://www.reportlinker.com/p06184434/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Contact Data

The global aircraft seating market is highly competitive, with key players including Safran, Collins Aerospace, Recaro, and Geven.

Airbus and Boeing have dominated the international aircraft market for decades, but Russia's MC-21 and China's C919 aim to challenge their duopoly.

Title:

Content: Eastern Competitors of Airbus and Boeing Duopoly | Economic Horizontal | DW | 23.01.2022
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Economic stratification
Airbus, Boeing duopoly's eastern competitors
The attack on the two Western manufacturers ’ duopolies in the international aircraft market has begun: Russian rival MC-21 has been approved; China is also committed to entering the market.
How dangerous is this for Boeing and Airbus?
China ’ s C919 successfully tested for first time in 2017
For Airbus and Boeing, which have dominated the international aviation market for decades, the challengers are Russia ’ s MC-21 and China ’ s C919.
Both are double-engine narrow-body airliners.
They have been developed for quite a long time, with some delays, and have not been able to worry Western aviation overlords.
However, after several delays, the day finally came: in December 2021, the MC-21 received passenger certification and plans to enter regular routes in Russia for the first time this year.
The Chinese want to deliver their C919 to the first customer airline in the same period, but because of the temporary "shutdown" of the Xi'an test base, the date has been postponed, and it is uncertain whether it can be put into operation in 2022.
An inflection point?
However, one thing is clear: the era of new aircraft in key segments of the lucrative international aviation market has begun, and Airbus and Boeing will have to wait.
That ’ s especially true, experts say, because at least the MC-21 may still be superior to Airbus and Boeing ’ s current models in some areas.
Incidentally, this is not surprising given that the two giants from the United States and Europe have been on their own for decades: the Boeing 737 prototype dates back to 1967; and the Airbus A320 from 1987.
Unlike China, Russia has long had its own civil aviation manufacturing industry.
Since its farewell to communism, however, it had been in the shadow it had shrouded in the post-Soviet era.
Although almost all of the country ’ s manufacturing bases still exist, Russia produced only 14 civil aircraft in 2020.
This number can be reached by Airbus factories in a matter of days.
Some of the traditional Russian aircraft design bureaus, such as Polev or Ilyushin, have not produced any civilian designs for 30 years.
The long and painful process ended when the Irkut MC-21-300 was approved as a basic model by the Russian aviation authorities on December 28, 2021.
The aircraft first flew on May 28, 2017, and so far, four prototypes have been completed.
More economical?
The standard version of the MC-21 has two class cabins, with a total of 163 seats.
According to the current industry assessment, it is absolutely competitive in terms of passenger capacity and range.
Nico Buchholz, senior fleet procurement specialist at Deutsche Lufthansa for many years, pointed out that "in theory, the flight performance of the MC-21 is better than that of the latest Airbus A320neo."
He is familiar with the concept of a new aircraft.
He believes that the MC-21 is likely to be more economical than its Western competitors.
Of course, whether this also applies to performance such as efficiency, reliability, and carrying capacity is yet to be seen when the normal operation of Aeroflot ’ s subsidiary Rossiya begins this summer.
The passenger comfort of the advantages of Russian commercial aircraft should not be overlooked.
In the cabin, MC-21 passengers can also expect a more spacious sense of space: the cabin space is 11 cm wider than the A320, and the cabin diameter is 27 cm larger than the Boeing 737.
For airlines with six seats in each row, this space is not enough, but it provides passengers with more elbow space and a wider aisle.
A recent visit to the MC-21 at the Dubai Airshow demonstrates this.
The manufacturer is also proud to point out that the windows of the MC-21 are significantly larger than those of its Western competitors.
Therefore, it is known as "the world's widest narrow-body aircraft", by no means groundless.
Russia ’ s MC-21 unveiled at Dubai Air Show 2021
Possible sanctions risk
Russian commercial aircraft are in trouble right now.
Because, especially when it comes to engines and composites, they cannot be separated from the supply of various parts in the West.
The MC-21, which uses 40 percent composite material, set a record for such an aircraft, but was purchased from the United States and Japan, and the now licensed MC-21-300 is powered by a Hyundai Pratt & Whitney PW1400G gear-driven turbofan engine.
At present, the political situation is tense and Russia cannot rely on Western suppliers.
At the same time, Moscow has found important sales markets in countries such as Iran, but could not supply these countries with Western-equipped aircraft.
The aircraft on display in Dubai, MC-21-310, has not yet been certified because it is powered by a new large-aisle PD-14 turbofan engine developed by Russian company Awiadwigatel.
On December 25, 2021, another MC-21-300 prototype flew for the first time, with a new wing made from a patented Russian-made polymer composite.
MC-21 at the Dubai Air Show
Better quality than Airbus?
According to the manufacturer, there are currently 175 confirmed orders and “hundreds of intended orders ” for MC-21s from Aeroflot alone.
Juri Slyusar, managing director of Irkut ’ s parent company, United Aircraft Corporation (UAC), pointed out that Russia itself is a huge market.
"The forecast shows that in the next 20 years, Russia alone will need 800 aircraft of this size.... Once we prove the effectiveness of the aircraft domestically, we will move to the international market," he said.
MC-21 Internal Display
Self-use is also the most important perspective of China's development of the C919 with a passenger capacity of 156 to 168 passengers.
"Regardless of how many Airbus and Boeing flights there will be in China, the Chinese aircraft market itself will be able to accommodate a large number of which can be sold (C919)," Buchholz said.
In addition, China is striding ahead of Russia in manufacturing capacity, which is critical to the future success of the C919 in the market.
The former Lufthansa procurement expert pointed out that "the biggest challenge is to industrialize aircraft manufacturing and produce hundreds or thousands of aircraft of the same quality."
Since the Chinese have more experience in industrial mass production of aircraft than the Russians, they may become competitors to Airbus and Boeing.
Western manufacturers, like Airbus, have their own assembly lines in China, contributing to this.
Aircraft made in China are sometimes of better quality than Airbus made in Hamburg. "
Watch the video 01: 50
China 's first domestic passenger aircraft C919 officially unveiled
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Any misconduct will lead to recovery and criminal prosecution.
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The global Private Plane market, led by players like American Champion Aircraft and CESSNA AIRCRAFT, is expected to grow due to increasing demand and technological advancements.

The global Private Plane market, led by players like American Champion Aircraft and CESSNA AIRCRAFT, is expected to grow due to increasing demand and technological advancements.

The global Private Plane market, led by players like American Champion Aircraft and CESSNA AIRCRAFT, is expected to grow due to increasing demand and technological advancements.

The global Commercial Aircraft Honeycomb Core market is expected to grow, driven by emerging trends and key players like DuPont, EURO-COMPOSITES, and Hexcel.

Title:

Content: Categories
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Commercial Aircraft Honeycomb Core Market SWOT Analysis, Latest Market Trends, Price Structure and Future Prospects 2027 | DuPont, EURO-COMPOSITES, Hexcel

The report titled Global Commercial Aircraft Honeycomb Core Market is one of the most comprehensive and important additions to QY Research’s archive of market research studies. It offers detailed research and analysis of key aspects of the global Commercial Aircraft Honeycomb Core market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Commercial Aircraft Honeycomb Core market. Market participants can use the analysis on market dynamics to plan effective growth strategies and prepare for future challenges beforehand. Each trend of the global Commercial Aircraft Honeycomb Core market is carefully analyzed and researched about by the market analysts. The market analysts and researchers have done extensive analysis of the global Commercial Aircraft Honeycomb Core market with the help of research methodologies such as PESTLE and Porter’s Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain an insight into the overall present and future market scenario. The Commercial Aircraft Honeycomb Core report comprises in-depth study of the potential segments including product type, application, and end user and their contribution to the overall market size.

Get PDF Sample Copy of Report: (Including TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample-form/form/3464687/global-and-united-states-commercial-aircraft-honeycomb-core-market

In addition, market revenues based on region and country are provided in the Commercial Aircraft Honeycomb Core report. The authors of the report have also shed light on the common business tactics adopted by players. The leading players of the global Commercial Aircraft Honeycomb Core market and their complete profiles are included in the report. Besides that, investment opportunities, recommendations, and trends that are trending at present in the global Commercial Aircraft Honeycomb Core market are mapped by the report. With the help of this report, the key players of the global Commercial Aircraft Honeycomb Core market will be able to make sound decisions and plan their strategies accordingly to stay ahead of the curve.

Competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Commercial Aircraft Honeycomb Core market to know the competition at both the domestic and global levels. Market experts have also offered the outline of every leading player of the global Commercial Aircraft Honeycomb Core market, considering the key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on the key factors such as company size, market share, market growth, revenue, production volume, and profits.

Key Players Mentioned:
DuPont, EURO-COMPOSITES, Hexcel, Plascore, Rockwell Collins, Argosy International, The Gill, Indy Honeycomb, TRB Lightweight Structures, Tubus Bauer

Market Segmentation by Product:
Aluminum
Alloys
Other Materials

Market Segmentation by Application:
Engine
Fuselage
Empennage
Wings

The Commercial Aircraft Honeycomb Core Market report has been segregated based on distinct categories, such as product type, application, end user, and region. Each and every segment is evaluated on the basis of CAGR, share, and growth potential. In the regional analysis, the report highlights the prospective region, which is estimated to generate opportunities in the global Commercial Aircraft Honeycomb Core market in the forthcoming years. This segmental analysis will surely turn out to be a useful tool for the readers, stakeholders, and market participants to get a complete picture of the global Commercial Aircraft Honeycomb Core market and its potential to grow in the years to come.

Key questions answered in the report:

  • What is the growth potential of the Commercial Aircraft Honeycomb Core market?
  • Which product segment will grab a lion’s share?
  • Which regional market will emerge as a frontrunner in coming years?
  • Which application segment will grow at a robust rate?
  • What are the growth opportunities that may emerge in Commercial Aircraft Honeycomb Core industry in the years to come?
  • What are the key challenges that the global Commercial Aircraft Honeycomb Core market may face in future?
  • Which are the leading companies in the global Commercial Aircraft Honeycomb Core market?
  • Which are the key trends positively impacting the market growth?
  • Which are the growth strategies considered by the players to sustain hold in the global Commercial Aircraft Honeycomb Core market?

Request for customization in Report: https://www.qyresearch.com/customize-request/form/3464687/global-and-united-states-commercial-aircraft-honeycomb-core-market

Table of Contents:

1 Study Coverage
1.1 Commercial Aircraft Honeycomb Core Product Introduction
1.2 Market by Type
1.2.1 Global Commercial Aircraft Honeycomb Core Market Size Growth Rate by Type
1.2.2 Aluminum
1.2.3 Alloys
1.2.4 Other Materials
1.3 Market by Application
1.3.1 Global Commercial Aircraft Honeycomb Core Market Size Growth Rate by Application
1.3.2 Engine
1.3.3 Fuselage
1.3.4 Empennage
1.3.5 Wings
1.4 Study Objectives
1.5 Years Considered

2 Executive Summary
2.1 Global Commercial Aircraft Honeycomb Core Market Size, Estimates and Forecasts
2.1.1 Global Commercial Aircraft Honeycomb Core Revenue 2016-2027
2.1.2 Global Commercial Aircraft Honeycomb Core Sales 2016-2027
2.2 Global Commercial Aircraft Honeycomb Core, Market Size by Region: 2016 VS 2021 VS 2027
2.3 Commercial Aircraft Honeycomb Core Historical Market Size by Region (2016-2021)
2.3.1 Global Commercial Aircraft Honeycomb Core Retrospective Market Scenario in Sales by Region: 2016-2021
2.3.2 Global Commercial Aircraft Honeycomb Core Retrospective Market Scenario in Revenue by Region: 2016-2021
2.4 Commercial Aircraft Honeycomb Core Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Commercial Aircraft Honeycomb Core Sales Forecast by Region (2022-2027)
2.4.2 Global Commercial Aircraft Honeycomb Core Revenue Forecast by Region (2022-2027)

3 Global Commercial Aircraft Honeycomb Core Competitor Landscape by Players
3.1 Global Top Commercial Aircraft Honeycomb Core Manufacturers by Sales
3.1.1 Global Commercial Aircraft Honeycomb Core Sales by Manufacturer (2016-2021)
3.1.2 Global Commercial Aircraft Honeycomb Core Sales Market Share by Manufacturer (2016-2021)
3.2 Global Top Commercial Aircraft Honeycomb Core Manufacturers by Revenue
3.2.1 Key Commercial Aircraft Honeycomb Core Manufacturers Covered: Ranking by Revenue
3.2.2 Global Commercial Aircraft Honeycomb Core Revenue by Manufacturers (2016-2021)
3.2.3 Global Commercial Aircraft Honeycomb Core Revenue Share by Manufacturers (2016-2021)
3.2.4 Global Commercial Aircraft Honeycomb Core Market Concentration Ratio (CR5 and HHI) (2016-2021)
3.2.5 Global Top 10 and Top 5 Companies by Commercial Aircraft Honeycomb Core Revenue in 2020
3.2.6 Global Commercial Aircraft Honeycomb Core Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Global Commercial Aircraft Honeycomb Core Price by Manufacturers
3.4 Global Commercial Aircraft Honeycomb Core Manufacturing Base Distribution, Product Types
3.4.1 Commercial Aircraft Honeycomb Core Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Commercial Aircraft Honeycomb Core Product Type
3.4.3 Date of International Manufacturers Enter into Commercial Aircraft Honeycomb Core Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2027)
4.1 Global Commercial Aircraft Honeycomb Core Market Size by Type (2016-2021)
4.1.1 Global Commercial Aircraft Honeycomb Core Sales by Type (2016-2021)
4.1.2 Global Commercial Aircraft Honeycomb Core Revenue by Type (2016-2021)
4.1.3 Commercial Aircraft Honeycomb Core Average Selling Price (ASP) by Type (2016-2021)
4.2 Global Commercial Aircraft Honeycomb Core Market Size Forecast by Type (2022-2027)
4.2.1 Global Commercial Aircraft Honeycomb Core Sales Forecast by Type (2022-2027)
4.2.2 Global Commercial Aircraft Honeycomb Core Revenue Forecast by Type (2022-2027)
4.2.3 Commercial Aircraft Honeycomb Core Average Selling Price (ASP) Forecast by Type (2022-2027)

5 Breakdown Data by Application (2016-2027)
5.1 Global Commercial Aircraft Honeycomb Core Market Size by Application (2016-2021)
5.1.1 Global Commercial Aircraft Honeycomb Core Sales by Application (2016-2021)
5.1.2 Global Commercial Aircraft Honeycomb Core Revenue by Application (2016-2021)
5.1.3 Commercial Aircraft Honeycomb Core Price by Application (2016-2021)
5.2 Commercial Aircraft Honeycomb Core Market Size Forecast by Application (2022-2027)
5.2.1 Global Commercial Aircraft Honeycomb Core Sales Forecast by Application (2022-2027)
5.2.2 Global Commercial Aircraft Honeycomb Core Revenue Forecast by Application (2022-2027)
5.2.3 Global Commercial Aircraft Honeycomb Core Price Forecast by Application (2022-2027)

6 United States by Players, Type and Application
6.1 United States Commercial Aircraft Honeycomb Core Market Size YoY Growth 2016-2027
6.1.1 United States Commercial Aircraft Honeycomb Core Sales YoY Growth 2016-2027
6.1.2 United States Commercial Aircraft Honeycomb Core Revenue YoY Growth 2016-2027
6.1.3 United States Commercial Aircraft Honeycomb Core Market Share in Global Market 2016-2027
6.2 United States Commercial Aircraft Honeycomb Core Market Size by Players (International and Local Players)
6.2.1 United States Top Commercial Aircraft Honeycomb Core Players by Sales (2016-2021)
6.2.2 United States Top Commercial Aircraft Honeycomb Core Players by Revenue (2016-2021)
6.3 United States Commercial Aircraft Honeycomb Core Historic Market Review by Type (2016-2021)
6.3.1 United States Commercial Aircraft Honeycomb Core Sales Market Share by Type (2016-2021)
6.3.2 United States Commercial Aircraft Honeycomb Core Revenue Market Share by Type (2016-2021)
6.3.3 United States Commercial Aircraft Honeycomb Core Price by Type (2016-2021)
6.4 United States Commercial Aircraft Honeycomb Core Market Estimates and Forecasts by Type (2022-2027)
6.4.1 United States Commercial Aircraft Honeycomb Core Sales Forecast by Type (2022-2027)
6.4.2 United States Commercial Aircraft Honeycomb Core Revenue Forecast by Type (2022-2027)
6.4.3 United States Commercial Aircraft Honeycomb Core Price Forecast by Type (2022-2027)
6.5 United States Commercial Aircraft Honeycomb Core Historic Market Review by Application (2016-2021)
6.5.1 United States Commercial Aircraft Honeycomb Core Sales Market Share by Application (2016-2021)
6.5.2 United States Commercial Aircraft Honeycomb Core Revenue Market Share by Application (2016-2021)
6.5.3 United States Commercial Aircraft Honeycomb Core Price by Application (2016-2021)
6.6 United States Commercial Aircraft Honeycomb Core Market Estimates and Forecasts by Application (2022-2027)
6.6.1 United States Commercial Aircraft Honeycomb Core Sales Forecast by Application (2022-2027)
6.6.2 United States Commercial Aircraft Honeycomb Core Revenue Forecast by Application (2022-2027)
6.6.3 United States Commercial Aircraft Honeycomb Core Price Forecast by Application (2022-2027)

7 North America
7.1 North America Commercial Aircraft Honeycomb Core Market Size YoY Growth 2016-2027
7.2 North America Commercial Aircraft Honeycomb Core Market Facts & Figures by Country
7.2.1 North America Commercial Aircraft Honeycomb Core Sales by Country (2016-2021)
7.2.2 North America Commercial Aircraft Honeycomb Core Revenue by Country (2016-2021)
7.2.3 U.S.
7.2.4 Canada

8 Asia Pacific
8.1 Asia Pacific Commercial Aircraft Honeycomb Core Market Size YoY Growth 2016-2027
8.2 Asia Pacific Commercial Aircraft Honeycomb Core Market Facts & Figures by Region
8.2.1 Asia Pacific Commercial Aircraft Honeycomb Core Sales by Region (2016-2021)
8.2.2 Asia Pacific Commercial Aircraft Honeycomb Core Revenue by Region (2016-2021)
8.2.3 China
8.2.4 Japan
8.2.5 South Korea
8.2.6 India
8.2.7 Australia
8.2.8 Australia
8.2.9 Indonesia
8.2.10 Thailand
8.2.11 Malaysia
8.2.12 Philippines
8.2.13 Vietnam

9 Europe
9.1 Europe Commercial Aircraft Honeycomb Core Market Size YoY Growth 2016-2027
9.2 Europe Commercial Aircraft Honeycomb Core Market Facts & Figures by Country
9.2.1 Europe Commercial Aircraft Honeycomb Core Sales by Country (2016-2021)
9.2.2 Europe Commercial Aircraft Honeycomb Core Revenue by Country (2016-2021)
9.2.3 Germany
9.2.4 France
9.2.5 U.K.
9.2.6 Italy

10 Latin America
10.1 Latin America Commercial Aircraft Honeycomb Core Market Size YoY Growth 2016-2027
10.2 Latin America Commercial Aircraft Honeycomb Core Market Facts & Figures by Country
10.2.1 Latin America Commercial Aircraft Honeycomb Core Sales by Country (2016-2021)
10.2.2 Latin America Commercial Aircraft Honeycomb Core Revenue by Country (2016-2021)
10.2.3 Mexico
10.2.4 Brazil
10.2.5 Argentina

11 Middle East and Africa
11.1 Middle East and Africa Commercial Aircraft Honeycomb Core Market Size YoY Growth 2016-2027
11.2 Middle East and Africa Commercial Aircraft Honeycomb Core Market Facts & Figures by Country
11.2.1 Middle East and Africa Commercial Aircraft Honeycomb Core Sales by Country (2016-2021)
11.2.2 Middle East and Africa Commercial Aircraft Honeycomb Core Revenue by Country (2016-2021)
11.2.3 Turkey
11.2.4 Saudi Arabia
11.2.5 U.A.E

12 Company Profiles
12.1 DuPont
12.1.1 DuPont Corporation Information
12.1.2 DuPont Description and Business Overview
12.1.3 DuPont Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.1.4 DuPont Commercial Aircraft Honeycomb Core Products Offered
12.1.5 DuPont Recent Development
12.2 EURO-COMPOSITES
12.2.1 EURO-COMPOSITES Corporation Information
12.2.2 EURO-COMPOSITES Description and Business Overview
12.2.3 EURO-COMPOSITES Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.2.4 EURO-COMPOSITES Commercial Aircraft Honeycomb Core Products Offered
12.2.5 EURO-COMPOSITES Recent Development
12.3 Hexcel
12.3.1 Hexcel Corporation Information
12.3.2 Hexcel Description and Business Overview
12.3.3 Hexcel Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.3.4 Hexcel Commercial Aircraft Honeycomb Core Products Offered
12.3.5 Hexcel Recent Development
12.4 Plascore
12.4.1 Plascore Corporation Information
12.4.2 Plascore Description and Business Overview
12.4.3 Plascore Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.4.4 Plascore Commercial Aircraft Honeycomb Core Products Offered
12.4.5 Plascore Recent Development
12.5 Rockwell Collins
12.5.1 Rockwell Collins Corporation Information
12.5.2 Rockwell Collins Description and Business Overview
12.5.3 Rockwell Collins Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.5.4 Rockwell Collins Commercial Aircraft Honeycomb Core Products Offered
12.5.5 Rockwell Collins Recent Development
12.6 Argosy International
12.6.1 Argosy International Corporation Information
12.6.2 Argosy International Description and Business Overview
12.6.3 Argosy International Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.6.4 Argosy International Commercial Aircraft Honeycomb Core Products Offered
12.6.5 Argosy International Recent Development
12.7 The Gill
12.7.1 The Gill Corporation Information
12.7.2 The Gill Description and Business Overview
12.7.3 The Gill Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.7.4 The Gill Commercial Aircraft Honeycomb Core Products Offered
12.7.5 The Gill Recent Development
12.8 Indy Honeycomb
12.8.1 Indy Honeycomb Corporation Information
12.8.2 Indy Honeycomb Description and Business Overview
12.8.3 Indy Honeycomb Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.8.4 Indy Honeycomb Commercial Aircraft Honeycomb Core Products Offered
12.8.5 Indy Honeycomb Recent Development
12.9 TRB Lightweight Structures
12.9.1 TRB Lightweight Structures Corporation Information
12.9.2 TRB Lightweight Structures Description and Business Overview
12.9.3 TRB Lightweight Structures Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.9.4 TRB Lightweight Structures Commercial Aircraft Honeycomb Core Products Offered
12.9.5 TRB Lightweight Structures Recent Development
12.10 Tubus Bauer
12.10.1 Tubus Bauer Corporation Information
12.10.2 Tubus Bauer Description and Business Overview
12.10.3 Tubus Bauer Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.10.4 Tubus Bauer Commercial Aircraft Honeycomb Core Products Offered
12.10.5 Tubus Bauer Recent Development
12.11 DuPont
12.11.1 DuPont Corporation Information
12.11.2 DuPont Description and Business Overview
12.11.3 DuPont Commercial Aircraft Honeycomb Core Sales, Revenue and Gross Margin (2016-2021)
12.11.4 DuPont Commercial Aircraft Honeycomb Core Products Offered
12.11.5 DuPont Recent Development

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13.1 Commercial Aircraft Honeycomb Core Industry Trends
13.2 Commercial Aircraft Honeycomb Core Market Drivers
13.3 Commercial Aircraft Honeycomb Core Market Challenges
13.4 Commercial Aircraft Honeycomb Core Market Restraints

14 Value Chain and Sales Channels Analysis
14.1 Value Chain Analysis
14.2 Commercial Aircraft Honeycomb Core Customers
14.3 Sales Channels Analysis
14.3.1 Sales Channels
14.3.2 Distributors

15 Research Findings and Conclusion

16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer

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The global Aircraft Pneumatic Filter market is expected to grow, with key players like Honeywell Grimes and key regions including North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

The global Aircraft Pneumatic Filter market is expected to grow, with key players like Honeywell Grimes and key regions including North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

The global Aircraft Pneumatic Filter market is expected to grow, with key players like Honeywell Grimes and key regions including North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

The global aerospace industry is shifting towards greater efficiency and sustainability to reduce fuel emissions.

Title:

Content: Science and Technology
NASA is working to design new, more fuel-efficient aircraft with Boeing
Thank you for reading the news about technology: NASA is working on designing new fuel-efficient aircraft with Boeing and now with details
CAIRO (Reuters) - NASA has announced that it will work with Boeing on a new type of fuel-efficient single-aisle aircraft for commercial use, with the aim of reducing fuel emissions and reducing the climate impact of aviation, according to theverge ’ s report.
“It ’ s also a climate agency, ” NASA Administrator Bill Nelson said at a press conference,“ NASA is monitoring the Earth from space — using tools like satellites to monitor global weather and water systems — and developing technologies to reduce carbon emissions.
But NASA is also developing aircraft, such as its X-57 Maxwell electric plane and Super Guppy transport plane, and that includes developing flight technologies that eventually make their way into the types of commercial aircraft that most of us use today.
"When you fly in any type of aircraft, you're surrounded by NASA technology," Nelson said, and advances in aircraft design such as winglets, small vertical extensions of wings, were created by NASA in the 1970s and are now ubiquitous on passenger planes.
The agency hopes its sustainable aviation project will deliver a similar kind of innovation in the form of a new wing structure called the voice-assisted wing, and will work with Boeing to design and build the new aircraft, which should be more fuel-efficient and can use up to 30% less fuel than current aircraft designs.
The concept is an aircraft with more efficient engines and wings that sit high on the fuselage and are longer and less wide, supported by a brace that comes from the bottom of the body, this creates less resistance, while both the wing and the brace provide lift power.
Bob Pierce, associate director of NASA's Flight Research Mission Directorate, said: "The aerodynamics of this type of configuration have already been known for a long time.
“If you increase the aspect ratio of a wing, it ’ s normal to lower that aircraft ’ s induced drag — drag from lifting, and we know that if we do that, you ’ ll get better aerodynamics, you ’ ll get less drag, and you ’ ll burn less fuel. ”
The challenge, in this case, is to create the desired structure for this wing shape without adding too much weight to the aircraft.
Boeing unveiled the first version of the concept in 2019, but it will take several years to integrate other technologies and move from demonstration to practically usable.
The idea is that unlike NASA ’ s supersonic X-59 QueSST, which is also currently under development but will never carry passengers, this will not only be an experimental aircraft.
NASA wants to develop a technology that can be used commercially, Nelson said, “This project aims to revolutionize the type of aircraft that the public frequently uses when flying in the sky. ”
NASA aims to launch its first prototype in 2028 and to be commercially used by 2030.
You may also read.

What does NASA want to do with Boeing in aviation industy?

It wants to build, test, and fly a single-aisle aircraft to reduce emissions before the end of the decade.

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.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

NASA and Boeing are designing a more fuel-efficient single-aisle aircraft to reduce emissions by up to 30%.

Title:

Content: Science and Technology
NASA is working to design new, more fuel-efficient aircraft with Boeing
Thank you for reading the news about technology: NASA is working on designing new fuel-efficient aircraft with Boeing and now with details
CAIRO (Reuters) - NASA has announced that it will work with Boeing on a new type of fuel-efficient single-aisle aircraft for commercial use, with the aim of reducing fuel emissions and reducing the climate impact of aviation, according to theverge ’ s report.
“It ’ s also a climate agency, ” NASA Administrator Bill Nelson said at a press conference,“ NASA is monitoring the Earth from space — using tools like satellites to monitor global weather and water systems — and developing technologies to reduce carbon emissions.
But NASA is also developing aircraft, such as its X-57 Maxwell electric plane and Super Guppy transport plane, and that includes developing flight technologies that eventually make their way into the types of commercial aircraft that most of us use today.
"When you fly in any type of aircraft, you're surrounded by NASA technology," Nelson said, and advances in aircraft design such as winglets, small vertical extensions of wings, were created by NASA in the 1970s and are now ubiquitous on passenger planes.
The agency hopes its sustainable aviation project will deliver a similar kind of innovation in the form of a new wing structure called the voice-assisted wing, and will work with Boeing to design and build the new aircraft, which should be more fuel-efficient and can use up to 30% less fuel than current aircraft designs.
The concept is an aircraft with more efficient engines and wings that sit high on the fuselage and are longer and less wide, supported by a brace that comes from the bottom of the body, this creates less resistance, while both the wing and the brace provide lift power.
Bob Pierce, associate director of NASA's Flight Research Mission Directorate, said: "The aerodynamics of this type of configuration have already been known for a long time.
“If you increase the aspect ratio of a wing, it ’ s normal to lower that aircraft ’ s induced drag — drag from lifting, and we know that if we do that, you ’ ll get better aerodynamics, you ’ ll get less drag, and you ’ ll burn less fuel. ”
The challenge, in this case, is to create the desired structure for this wing shape without adding too much weight to the aircraft.
Boeing unveiled the first version of the concept in 2019, but it will take several years to integrate other technologies and move from demonstration to practically usable.
The idea is that unlike NASA ’ s supersonic X-59 QueSST, which is also currently under development but will never carry passengers, this will not only be an experimental aircraft.
NASA wants to develop a technology that can be used commercially, Nelson said, “This project aims to revolutionize the type of aircraft that the public frequently uses when flying in the sky. ”
NASA aims to launch its first prototype in 2028 and to be commercially used by 2030.
You may also read.

What does NASA want to do with Boeing in aviation industy?

It wants to build, test, and fly a single-aisle aircraft to reduce emissions before the end of the decade.

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 new aircraft design features a voice-assisted wing, creating less resistance and providing better aerodynamics.

Title:

Content: Science and Technology
NASA is working to design new, more fuel-efficient aircraft with Boeing
Thank you for reading the news about technology: NASA is working on designing new fuel-efficient aircraft with Boeing and now with details
CAIRO (Reuters) - NASA has announced that it will work with Boeing on a new type of fuel-efficient single-aisle aircraft for commercial use, with the aim of reducing fuel emissions and reducing the climate impact of aviation, according to theverge ’ s report.
“It ’ s also a climate agency, ” NASA Administrator Bill Nelson said at a press conference,“ NASA is monitoring the Earth from space — using tools like satellites to monitor global weather and water systems — and developing technologies to reduce carbon emissions.
But NASA is also developing aircraft, such as its X-57 Maxwell electric plane and Super Guppy transport plane, and that includes developing flight technologies that eventually make their way into the types of commercial aircraft that most of us use today.
"When you fly in any type of aircraft, you're surrounded by NASA technology," Nelson said, and advances in aircraft design such as winglets, small vertical extensions of wings, were created by NASA in the 1970s and are now ubiquitous on passenger planes.
The agency hopes its sustainable aviation project will deliver a similar kind of innovation in the form of a new wing structure called the voice-assisted wing, and will work with Boeing to design and build the new aircraft, which should be more fuel-efficient and can use up to 30% less fuel than current aircraft designs.
The concept is an aircraft with more efficient engines and wings that sit high on the fuselage and are longer and less wide, supported by a brace that comes from the bottom of the body, this creates less resistance, while both the wing and the brace provide lift power.
Bob Pierce, associate director of NASA's Flight Research Mission Directorate, said: "The aerodynamics of this type of configuration have already been known for a long time.
“If you increase the aspect ratio of a wing, it ’ s normal to lower that aircraft ’ s induced drag — drag from lifting, and we know that if we do that, you ’ ll get better aerodynamics, you ’ ll get less drag, and you ’ ll burn less fuel. ”
The challenge, in this case, is to create the desired structure for this wing shape without adding too much weight to the aircraft.
Boeing unveiled the first version of the concept in 2019, but it will take several years to integrate other technologies and move from demonstration to practically usable.
The idea is that unlike NASA ’ s supersonic X-59 QueSST, which is also currently under development but will never carry passengers, this will not only be an experimental aircraft.
NASA wants to develop a technology that can be used commercially, Nelson said, “This project aims to revolutionize the type of aircraft that the public frequently uses when flying in the sky. ”
NASA aims to launch its first prototype in 2028 and to be commercially used by 2030.
You may also read.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

The use of artificial intelligence in aviation is expected to grow 45.3% CAGR from 2022-2027, in areas like customer service, maintenance, and pilot training.

Title:

Content: Artificial Intelligence In Aviation Market Estimated to grow at a CAGR of 45.3% during 2022-2027

“Artificial Intelligence In Aviation Market”
Artificial Intelligence in Aviation Market is estimated to witness substantial growth over the forecast period primarily due to cost effectiveness, efficiency of the system as well as more timely management of services are driving the artificial intelligence within the aviation market.

Artificial Intelligence in Aviation Market Report Overview

The market for Artificial Intelligence in Aviation Market size is forecast to reach $3.69 Billion by 2027, growing at a CAGR of 45.3% from 2022 to 2027. The Artificial Intelligence in Aviation Market is estimated to witness substantial growth over the forecast period primarily due to cost effectiveness, efficiency of the system as well as more timely management of services are driving the artificial intelligence within the aviation market. Artificial intelligence holds great possibilities for the aerospace industry. Implementation of AI in the aerospace sector can allow aircraft manufacturers reorganize production of various components and lessen various safety issues at airports. AI technologies such as machine learning, computer vision, and natural language processing are capable of bringing dramatic changes across different areas such as customer service, smart maintenance, product design, pilot training, and threat identification. The automation of certain parts of the aviation industry allows for more efficient handling of the general systems as well as to improve customer satisfaction. Virtual assistants personalize recommendations based on traveler preference and entitlement and provide and coordinate travel changes during irregular operations, enables rebooking, re-planning of the remaining itinerary. Context awareness in aviation helps understanding of all the factors and conditions within the fundamental risk elements that affect safety before, during and after the flight.

Artificial Intelligence in Aviation Market Segment Analysis – By Technology

The market segment by technology into machine learning, natural language processing, context awareness computing, computer vision and others. The machine learning segment is expected to grow at a higher CAGR of 18% during the forecast period 2022-2027. It is due to machine learning’s capabilities of collecting and handling big data along with its increased ability to perform previously impossible calculations which is driving the growth of the artificial intelligence in aviation market. Machine Learning can increase speed, efficiency, workload and safety to enable more complex technology like autonomous vision-based navigation and data ecosystems.

Artificial Intelligence in Aviation Market Segment Analysis – By Application

The market segment by application into Virtual Assistants, Smart Maintenance, Manufacturing, Training, Surveillance, Flight Operations, Dynamic Pricing and Others. The virtual assistants are the leading segment of all the segments with CAGR of 20% in the forecast period 2022-2027. AI-based virtual assistants help airline companies improve the productivity and efficiency of their pilots by reducing their recurring works, such as changing radio channels, reading wind forecasts, and providing position information on request, among others. These recurring works are taken care by AI-enabled virtual assistants. Virtual Assistants are also used by airline companies to improve customer services. AI enabled audio panels that help pilots operate these panels without taking their hands off the controls.

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Report Price: $ 4500 (Single User License)

Artificial Intelligence in Aviation Market Segment Analysis – By Geography

Artificial Intelligence in Aviation market by geography has been segmented into North America, Europe, APAC, South-America and RoW. Asia-Pacific is expected to dominate the Artificial Intelligence in Aviation Market due to high demand for artificial intelligence technologies from countries such as China, Japan to increase the efficiency of the aviation sector. For instance Alibaba Group from China has announced to supply AI based solutions to avoid congestion at the Beijing airport. These solutions would help pilots find a parking slot for their aircraft easily. Additionally, the increasing adoption of machine learning and NLP technologies for virtual assistance and training applications within the aviation sector is driving the expansion of the market in this region.

Artificial Intelligence in Aviation Market Drivers

Increased adoption of computer vision at airports is driving the market growth of Artificial Intelligence in Aviation

One of the emerging applications of AI at airports is computer vision, a technique which uses cameras and machine learning algorithms to monitor complex ground servicing activities, detect safety issues in real-time or sound alarms when a service is taking longer than expected. A Computer Vision system with real-time object tracking capability can monitor the behaviour of large groups of people. Computers can keep detailed records of the people flow through certain areas, allowing security personnel to predict and quickly respond to crowds or isolated situations. London Gatwick has been one of the first major airports to use computer vision to increase aircraft turnaround times and provide better safety conditions for ground crews. Following the arrival of the COVID-19 pandemic, the opportunities to implement artificial intelligence at airports have increased.

Artificial intelligence in aviation improves operational performance by automating analytics, machine maintenance, customer service, and a variety of other internal processes and tasks

Artificial intelligence and its cognitive technologies that make a sense of data can streamline and automate analytics, machinery maintenance, customer service, as well as many other internal processes and tasks. AI improves air safety and airplane maintenance, messaging automation, crew management, fuel efficiency and in-flight sales and food supply. AI’s applied predictive maintenance; an airline can reduce expenses connected with expedited transportation of parts, overtime compensation of crews, and unplanned maintenance. It helps speeds up and simplifies customer service employee’s workflows by using algorithms for processing natural language or unstructured text. AI systems with built-in machine learning algorithms collect and analyse flight data regarding each route distance and altitudes and helps in optimal amount of fuel needed for flight. Such factors driving the market growth. In December 2020, Airbus successfully completed a test flight using its AI-enabled fully automatic vision-based take-off and landing technology.

Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=505403

Artificial Intelligence in Aviation Market Challenges

Security concerns and system malfunctions are restricting artificial intelligence in the aviation market

One of the biggest challenges in Artificial Intelligence in Aviation Market is security of data and malfunctioning of systems in the right time. Artificial Intelligence relies on good data. One needs to identify not only the right sources but the right amount of data. Overloading the system with too many data sources can slow things down significantly. Sudden malfunction of systems in the process abrupt the processes. On the other hand, Ground handling is often one of the biggest challenges keeping an airport on schedule. AI can help predict handling times, plan ideal schedules, and prevent teams from stepping on each other’s toes. AI is an incredible tool for improving communication to make the entire ground handling process move smoothly and more efficiently.

Artificial Intelligence in Aviation Industry Outlook

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Artificial Intelligence in Aviation Market. The Artificial Intelligence in Aviation top 10 companies include:

Intel

NVIDIA

IBM

Micron

Samsung

Xilinx

Amazon

Microsoft

Airbus

Boeing

Acquisitions/Technology Launches/Partnerships

In July 2021, Tata Power partnered with Autogrid and launched residential demand response programme to pilot the acceptability of consumer demand response. Tata Power-DDL intends to empower consumers to better understand their energy consumption towards reducing peak demand and network capital loss.

In Aug 2021, Johnson Controls International and Apollo Global Management formed a joint venture for residential demand response which will provide services to businesses to help improve the energy efficiency of their buildings.

In June 2020, SparkCognition, an artificial intelligence company formed a joint venture with Boeing called SkyGrid. It is planning to build an aerial operating system to support the next generation of autonomous aviation.

Key Takeaways

AI-powered virtual assistants assist airlines in increasing the productivity and efficiency of their pilots by automating repetitive tasks such as changing radio channels, reading wind forecasts, and providing position information on demand, among other things.

North-America is projected to hold the largest share of Artificial Intelligence in Aviation Market during the forecast period due to to high demand for artificial intelligence technologies from countries such as China, Japan to increase the efficiency of the aviation sector.

Artificial Intelligence in Aviation Market is estimated to witness substantial growth over the forecast period primarily due to cost effectiveness, efficiency of the system as well as more timely management of services are driving the artificial intelligence within the aviation market.

Implementation of AI in the aerospace sector can allow aircraft manufacturers reorganize production of various components and lessen various safety issues at airports

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https://www.industryarc.com/Report/19721/5g-small-cell-in-aviation-market.html

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The Asia-Pacific region is expected to dominate the Artificial Intelligence in Aviation Market due to high demand from countries like China and Japan.

The Single-Aisle Aircraft Market is projected to grow at a 12.5% CAGR from 2023-2030, driven by growing air travel demand and low-cost carrier expansion.

Aircraft manufacturers are developing more eco-friendly models using advanced materials, aerodynamics, and efficient engines.

What does NASA want to do with Boeing in aviation industy?

It wants to build, test, and fly a single-aisle aircraft to reduce emissions before the end of the decade.

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 working on adopting innovative strategies.

It is making efforts to improve aircraft efficiency.

The development of next-generation, fuel-efficient aircraft is an exciting opportunity, with companies like Boeing and NASA working on new designs.

Title:

Content: 22.07.2024 09:00:38

Boeing Selects Woodward to Design Innovative Rotary Actuator for the NASA Sustainable Flight Demonstrator X-66A Aircraft

As a key element in pursuit of the aviation industry’s net-zero emission initiative by 2050, this breakthrough concept has potential to substantially reduce commercial flight emissions

FORT COLLINS, Colo., July 22, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD), a global leader in energy control solutions for aerospace and industrial applications, announced it has been selected to provide rotary actuation solutions for the NASA and Boeing Transonic Truss-braced Wing (TTBW) X-66A aircraft demonstrator.

The pioneering aircraft concept incorporates very long and thin strut-braced wings to add lift and reduce drag, with potential to dramatically increase fuel efficiency. The rotary actuators will be fitted to the X-66A ailerons, one of the flight control surfaces on the aircraft’s special wings.

"We’re quite honored to be selected by Boeing for this breakthrough project, because it provides us with another chance to continue our work with industry leaders and bring our engineering expertise to the future of flight,” said Chip Blankenship, Chair and CEO of Woodward. "It is a natural next step for us to develop the next generation of rotary actuation, as it aligns to our passion for innovation and our purpose to design and deliver energy control solutions our partners count on to power a clean future.”

Woodward has been a long-time provider of propulsion, actuation, and aircraft control solutions to Boeing and also works with NASA on several projects. The Transonic Truss-Braced Wing program contributes to the aviation industry’s efforts to reach net-zero emissions by 2050.

Woodward has begun work with Boeing and plans to produce the actuators by 2026. Test flights are scheduled to begin in 2028.

About Woodward, Inc.

Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Together with our customers, we are enabling the path to a cleaner, decarbonized world. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com.

CONTACT:
Jennifer Regina
970-559-8840
jennifer.regina@woodward.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d57ef2f4-3ee1-4c73-8235-528fb71855ed

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Aktien in diesem Artikel

Woodward Inc. 161,00 -1,83%

What does NASA want to do with Boeing in aviation industy?

It wants to build, test, and fly a single-aisle aircraft to reduce emissions before the end of the decade.

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 Transonic Truss-braced Wing concept may reduce commercial flight emissions, with Boeing and Woodward collaborating on the NASA Sustainable Flight Demonstrator X-66A aircraft.

Title:

Content: 22.07.2024 09:00:38

Boeing Selects Woodward to Design Innovative Rotary Actuator for the NASA Sustainable Flight Demonstrator X-66A Aircraft

As a key element in pursuit of the aviation industry’s net-zero emission initiative by 2050, this breakthrough concept has potential to substantially reduce commercial flight emissions

FORT COLLINS, Colo., July 22, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD), a global leader in energy control solutions for aerospace and industrial applications, announced it has been selected to provide rotary actuation solutions for the NASA and Boeing Transonic Truss-braced Wing (TTBW) X-66A aircraft demonstrator.

The pioneering aircraft concept incorporates very long and thin strut-braced wings to add lift and reduce drag, with potential to dramatically increase fuel efficiency. The rotary actuators will be fitted to the X-66A ailerons, one of the flight control surfaces on the aircraft’s special wings.

"We’re quite honored to be selected by Boeing for this breakthrough project, because it provides us with another chance to continue our work with industry leaders and bring our engineering expertise to the future of flight,” said Chip Blankenship, Chair and CEO of Woodward. "It is a natural next step for us to develop the next generation of rotary actuation, as it aligns to our passion for innovation and our purpose to design and deliver energy control solutions our partners count on to power a clean future.”

Woodward has been a long-time provider of propulsion, actuation, and aircraft control solutions to Boeing and also works with NASA on several projects. The Transonic Truss-Braced Wing program contributes to the aviation industry’s efforts to reach net-zero emissions by 2050.

Woodward has begun work with Boeing and plans to produce the actuators by 2026. Test flights are scheduled to begin in 2028.

About Woodward, Inc.

Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Together with our customers, we are enabling the path to a cleaner, decarbonized world. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com.

CONTACT:
Jennifer Regina
970-559-8840
jennifer.regina@woodward.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d57ef2f4-3ee1-4c73-8235-528fb71855ed

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Woodward Inc. 161,00 -1,83%

What does NASA want to do with Boeing in aviation industy?

It wants to build, test, and fly a single-aisle aircraft to reduce emissions before the end of the decade.

The global aerospace composites market is projected to reach $51.83 billion by 2027, growing at a 14.7% CAGR.

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.

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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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The use of lightweight materials enhances flight performance, strength, and stiffness while reducing carbon footprints.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Boeing will provide Etihad Airways with the Jeppesen FliteDeck Advisor to optimize efficiency and reduce fuel consumption.

Title:

Content: DUBAI: Boeing (NYSE: BA) has been selected to provide Etihad Airways with the Jeppesen FliteDeck Advisor digital solution for the carrier’s 787 Dreamliner fleet to optimize operational efficiency and reduce fuel consumption.

Etihad has already found benefits from the use of FliteDeck Advisor. During a trial on several of its 787 Dreamliners, the airline found that the digital solution delivered cruise fuel savings of 1.4%, saving an average of 350 kilograms of fuel and 1,100 kilograms of CO2 per flight.

“We have been very pleased with the fuel and cost savings we have achieved with FliteDeck Advisor,” said Sulaiman Yaqoobi, vice president of Flight Operations, Etihad Airways. “FliteDeck Advisor was tested as part of the Etihad Greenliner program, and it is great to now see it deployed across the 787 fleet, helping Etihad achieve efficiency gains and reduce CO2 emissions.”

Since 2019, Boeing and Etihad have collaborated on sustainability efforts centered on the airline's 787 Dreamliner fleet, including on Etihad’s participation in Boeing’s ecoDemonstrator program, where the FliteDeck Advisor solution was initially trialed. In 2021, the two companies renewed and expanded their sustainability alliance to focus on enhancing the efficiency of navigation and flight operations, airframe technologies and sustainable practices to reduce emissions.

Jeppesen FliteDeck Advisor analyzes airplane-specific performance metrics for all Boeing aircraft, including changes over time with aircraft age and maintenance action. The tool enables flight crews to make small, real-time adjustments to their course, altitude, and speed to optimize fuel use and minimize the carbon footprint of each flight.

“Etihad has been a tremendous partner in advancing sustainable aviation technologies, and we are excited to continue providing them with solutions that help them decarbonize their fleet while meeting their commercial goals,” said Duane Wehking, vice president of Digital Aviation Solutions at Boeing Global Services.

Boeing provides several other digital solutions and services to Etihad's 787 fleet including Jeppesen FliteDeck Pro, Jeppesen Crew Rostering and Boeing Wind Updates, which provide crew scheduling, charting, navigation, and flight efficiency capabilities.

With 39 Boeing Dreamliner airplanes currently in operation, Etihad is the largest operator in the Middle East of the 787, a family of airplanes designed with superior efficiency which allows airlines to profitably open new routes to fly people directly where they’d like to go in exceptional comfort.

Boeing’s strategy to decarbonize aerospace is focused on four key areas, spanning fleet renewal, operational efficiency, renewable energy and advanced technology. Within the operational efficiency strategy, Boeing Global Services provides a portfolio of services including data analytics tools to help customers uncover cost or efficiency savings that reduce fuel consumption.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com.

The Jeppesen FliteDeck Advisor solution analyzes performance metrics to optimize fuel use and minimize carbon footprint.

The global aircraft lightning protection market was valued at US$5.8 billion in 2022, with a projected 5.8% CAGR from 2023-2033.

Title:

Content: Aircraft Lightning Protection market is projected to grow at a CAGR of 5.8% by 2033: Visiongain

Croydon, UNITED KINGDOM

Visiongain has published a new report entitled Aircraft Lightning Protection Market Report 2023-2033: Forecasts by Fit (Linefit, Retrofit), by Aircraft Type (Fixed-wing Aircraft, Rotary-wing Aircraft, Unmanned Aerial Vehicles), by Size (Small Aviation Aircraft, Narrow-body Airliners, Wide-body Airliners, Cargo Carrier Aircrafts), by Operator Type (Commercial Airlines Operators, Government Agencies Operators, Private Owners Operators, Air Charter Companies, Aircraft Leasing Companies), by Application (Commercial Aviation, Military and Defence, General Aviation, Medical & Rescue Evacuation, Agricultural & Tourism Aviation, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis.

The global aircraft lightning protection market was valued at US$5.8 billion in 2022 and is projected to grow at a CAGR of 5.8% during the forecast period 2023-2033.

Advancements in Lightning Protection Technology: Innovating for Enhanced Safety
Continuous advancements in lightning protection technology contribute to the growth of the Aircraft Lightning Protection market. Improved materials, design techniques, and testing methods enable the development of more efficient and lightweight protection systems. These advancements enhance the overall safety and performance of aircraft while minimizing weight penalties and maintenance requirements, ensuring optimal protection against lightning strikes.

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https://www.visiongain.com/report/aircraft-lightning-protection-market-2023/#download_sampe_div

How has COVID-19 had a significant negative impact on the Aircraft Lightning Protection Market?
The pandemic has had a negative impact on the market due to the unprecedented disruptions in the aviation industry. With travel restrictions, lockdown measures, and reduced air passenger traffic, airlines faced financial challenges, resulting in a decline in aircraft orders and deliveries. The decrease in aircraft production and fleet expansion directly affected the demand for lightning protection systems. For example, major aircraft manufacturers like Boeing and Airbus experienced a significant reduction in new orders and deliveries during the pandemic period. This slowdown in the aviation industry had a direct impact on the demand for aircraft lightning protection systems, leading to a temporary market contraction.

Furthermore, the pandemic's impact on the global supply chain and manufacturing operations disrupted the production and distribution of aircraft lightning protection components. Travel restrictions and lockdown measures affected the movement of raw materials, components, and finished products, leading to delays in manufacturing and project timelines. This supply chain disruption resulted in challenges for manufacturers and suppliers in meeting customer demands and fulfilling existing contracts. Companies had to adapt their production processes, implement safety measures, and find alternative ways to ensure the timely delivery of lightning protection systems.

How will this Report Benefit you?
Visiongain’s 373-page report provides 128 tables and 180 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the global aircraft lightning protection market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for aircraft lightning protection. Get financial analysis of the overall market and different segments including fit, size, aircraft type, application, and operator type and capture higher market share. We believe that there are strong opportunities in this fast-growing aircraft lightning protection market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.

What are the Current Market Drivers?

Aircraft Design Evolution: Integrating Lightning Protection from the Ground Up
Modern aircraft designs integrate lightning protection measures from the initial stages of development. Manufacturers consider lightning protection requirements as a crucial aspect of the overall aircraft design process. Integrating lightning protection from the ground up ensures that the aircraft meets safety standards and performs optimally in lightning-prone environments. This proactive approach results in more effective and integrated lightning protection systems.

Growing Importance of Composite Materials: Protecting Modern Aircraft Construction
The aviation industry increasingly adopts composite materials in aircraft construction due to their lightweight and durable properties. However, composites are more susceptible to lightning strikes than traditional aluminum structures. Therefore, the need for effective lightning protection systems for composite-intensive aircraft is critical. The Aircraft Lightning Protection market focuses on developing specialized lightning protection solutions tailored to protect modern aircraft construction materials.

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https://www.visiongain.com/report/aircraft-lightning-protection-market-2023/

Where are the Market Opportunities?

Growing Air Traffic: Meeting the Needs of an Expanding Aviation Industry
The global aviation industry continues to experience significant growth, leading to an increase in air traffic. As more aircraft take to the skies, the demand for effective lightning protection solutions rises proportionally. The Aircraft Lightning Protection market caters to the needs of an expanding aviation industry, providing reliable and certified lightning protection systems to ensure the safe operation of aircraft worldwide.

Focus on Fuel Efficiency and Sustainability: Balancing Safety and Operational Efficiency
Aircraft manufacturers and operators aim to achieve optimal fuel efficiency and reduce environmental impact. Lightning protection systems must strike a balance between safety and operational efficiency. By incorporating lightweight materials and efficient designs, lightning protection systems contribute to the overall fuel efficiency and sustainability goals of the aviation industry. They ensure that safety measures are implemented without compromising operational efficiency.

Competitive Landscape
The major players operating in the aircraft lightning protection market are Astroseal Products Manufacturing Corp., Carpenter Technology Corporation, Cobham Advanced Electronic Solutions, Dexmet Corporation, Harger Lightning & Grounding, Innovative Lightning Technologies (ILT), Lightning Technologies Inc., LORD Corporation, LSP Technologies, Inc., MPS Products Corporation, PolyPhaser and Transtector, PPG Industries, Inc., TE Connectivity, WireMasters Inc.. These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launch.

Recent Developments

  • 15 June 2023, the leading supplier of end-to-end power and signal integrity solutions, Transtector, a brand of Infinite Electronics, has unveiled a new line of power cords for numerous types of computer networking hardware. The cords offer functions including twist-lock connectors, right-angle connectors, and splitter cords that make installations more practical.
  • 01 July 2022, In Turkey, Europe, the Middle East, Africa, and all around the world, WireMasters has entered into collaboration with AC Tasarm as a dependable distributor of EMI/EMC (Electromagnetic Interference / Electromagnetic Compatibility) solutions.

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Visiongain is one of the fastest-growing and most innovative independent market intelligence providers around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports, which cover 10-year forecasts, are hundreds of pages long, with in-depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets with a lot of synergies. These markets include automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customised and syndicated market research reports offer a bespoke piece of market intelligence customised to your very own business needs.

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The aviation industry's adoption of composite materials drives the need for effective lightning protection systems.

Digital transformation can be accelerated by Russian IT solutions, helping to overcome sanctions and the departure of foreign vendors.

Title:

Content: How to continue digital transformation in the context of import substitution
Digital transformation is a constant process, a new impetus to which was given by sanctions and the exodus of foreign players from the domestic market.
Experts and leaders of various industries gathered at CNews FORUM 2023 to discuss tools and solutions that help companies on the path of digital transformation in the face of import substitution and personnel shortage.
They figured out what problems 2023 brought, and how they can be solved with the help of domestic IT solutions.
pages:
Digital transformation on the background of import substitution
The session dedicated to digital transformation against the background of import substitution was opened by CIO Kept Dmitry Inshakov.
He defined the concept of “digital transformation ” (DT) – a complex business transformation associated with a successful transition to new business models, channels of communication with customers and suppliers, business products and production processes, corporate culture.
These principles are based on new approaches to data management using digital technologies and lead to a significant increase in the efficiency and long-term sustainability of the business.
Among the problems in the way of CT, the expert singled out sanctions and the departure of foreign vendors, the growth of cyber threats, stricter requirements of regulators and a shortage of qualified personnel.
But as the experience of domestic companies has shown, these problems can be solved.
For example, with the help of Russian vendors, Dmitry Inshakov noted.
According to him, the problem of cyber threats can also be solved by creating SOC and increasing the priority of information security, raising awareness and information security literacy of each employee.
It is also necessary to conduct a dialogue with the regulator and strive to comply with its requirements.
The issue of personnel shortage is solved through additional training, training of trainees, motivation, outsourcing, provision of a hybrid format of work and other tools.
Mikhail Lobanov, Head of Low Code and CRM at AUXO, spoke about how to choose the best Russian IT solution.
In 2022, AUXO offered the market solutions of such foreign vendors as SAP, Microsoft, Oracle, etc.
All companies either ceased operations in Russia or suspended technical support.
These products were replaced by Bitrix24, 1C, Forsyth and other Russian analogues.
What can replace the decisions of departed foreign vendors
Mikhail Lobanov also spoke about the experience of working with the largest companies in the transition to import-substituted solutions.
AUXO conducted an audit of the client ’ s system landscape, during which the goals of digital transformation and its strategy were determined.
As a result, alternative software vendors were proposed, a transformation roadmap was developed and an environment for conceptual testing of elements of the IT landscape change model was deployed.
According to Alexey Klepikov, Vice President and Head of IT at MTS Bank, it is very important how and with what speed to deliver digital values.
This is the essence of digital transformation.
The company can start digitalization at any time.
It is important to choose the right target
At the same time, import substitution in no case replaces digitalization, but accelerates the process of making the right decisions, Klepikov noted.
In MTS Bank there is no task to create a “HYIP ” on technologies, he prefers to use basic and well-known solutions to achieve a stable and high result.
People are needed for product transformation.
If the company clearly understands what it wants and how it is going to achieve it, it is easy to determine the necessary amount of personnel.
It does not take many people to accomplish this task.
Alexey Klepikov believes that there are enough specialists in “things ”, there is a shortage of qualified personnel in the market.
MTS is engaged in training and internships of specialists.
At the same time, many of them greatly overestimate their qualifications, the expert notes.
Mikhail Sizov, Managing Partner, and Irina Efremova-Garth, Director for Sustainable Development at Mobius Technologies, spoke about corporate digital responsibility.
Corporate digital responsibility is a company ’ s responsibilities related to the impact, risks, challenges and opportunities of digital development and digital transformation.
Mikhail Sizov noted the shortage of personnel, as well as difficulties with their retention and motivation.
He is confident that young companies that want to thrive in the Russian market need to implement the principles of sustainable development.
According to Irina Efremova-Garth, the strategy of sustainable development of social investments should be 100% aligned with the strategy of business development, the involvement of representatives of target groups in the process of creating program design and rethinking partnership.
“You can count on a regulator to set the rules for as long as you want, but following the example of other industries, self-regulation and taking on responsibilities that are associated not only with the risks of digital technologies, but also with the empowerment of different industries are very important, ” she says.
Mobius Technologies is ready to offer advice and assistance in the field of corporate digital responsibility.
The speakers noted the importance of forming an ecosystem of social investment programs, integration into initiatives that have proven their effectiveness.
Digitalization tools in various industries
Alexander Vasiliev, head of the Norilsk Nickel Digital Technology Development Center, spoke about how to choose between its own development and localization.
The economic effect of the portfolio of innovative projects of the company is about 2% of EBITDA.
According to Alexander Vasiliev, the Center for the Development of Digital Technologies consists of units for the formation of an innovative portfolio, internal and external development, as well as a decision support team.
Digital projects in production have their own specifics, and not all contractors can implement them.
In addition, due to frequent changes in production, continuous updating and support of digital solutions are needed.
At the same time, enterprises, as a rule, do not have ready specialists for conducting and analyzing data, and there is a need to work a lot with such tasks.
Another problem is import substitution.
Norilsk Nickel is building a system of conscious introduction of digital technologies.
The company analyzes bottlenecks, evaluates the potential to increase productivity and quality of production, builds priorities and implements digital solutions in accordance with them.
The company also tests hypotheses in the format of pilots in real production conditions and only then translates them into commercial operation.
Evgeny Gruzdev, Program Manager, and Nikita Tokarev, Head of Mobile Solutions at NLMK, spoke about the introduction of TMS to manage their own vehicles.
Previously, the company used its own development based on the decision of the departed Oracle.
Evgeny Gruzdev reported on the prerequisites for the implementation of the solution: reducing transport costs, reducing fuel consumption, controlling the export of slags, etc.
In the course of the project, the planning of fleet availability, registration of applications and execution of flights, registration of vehicles, aggregates, tires, technical condition of the vehicle, payroll calculation, etc.
Nikita Tokarev spoke about the creation of a mobile application for the client applicant for vehicles.
The project was launched in December 2020 and completed in June 2023.
The solution is integrated with Yandex.
As a result of the introduction of TMS, the company reduced the cost of vehicles, optimized the number of dispatchers, increased the level of car services and the speed of applications, etc.
Sergey Vasiliev, Director of the Directorate for Digital and Information Technologies of OTEKO made a report on the number in production.
Among the tools of digitalization, the speaker singled out big data (predictive analytics / monitoring to prevent accidents), the Internet of Things (new automated process control systems, etc.), robotization of processes, computer vision, additional and virtual realities and artificial intelligence.
Digitalization tools
Sergey Vasiliev spoke about the introduction of a specialized model that can predict the ignition of coal, instead of the expensive purchase of thermal imagers.
This saved the company hundreds of millions of rubles.
The speaker also described the process of implementing new solutions, which consists of testing the concept, creating a prototype, MVP and the final product.
Vladimir Zamaruev, Director of Information Technologies at the Ural Civil Aviation Plant, spoke about the digital transformation of the aircraft manufacturing enterprise in the context of a shortage of personnel.
During the digital transformation, the plant faced a number of difficulties, including a low starting level of digitalization, low basic involvement of functional customers, external factors (COVID, cyber attacks, the outcome of vendors, etc.).
In this situation, the Ural Civil Aviation Plant managed to use widespread software and hardware solutions, as well as best practices, outsourcing and other tools.
According to Vladimir Zamaruev, the problem with personnel was solved by growing specialists within the company, transferring personnel from other industries, involving functional specialists in teams, etc.
As a result, the plant completely rebuilt its IT infrastructure, opened more than 20 new sites, implemented CRM, MDM, ERP, etc., and launched more than 50 new services.
Artem Petrov, IT Director of Rusagro Technologies, spoke about the introduction of digital innovations in agriculture.
The goal of implementation is to increase productivity, operational efficiency and improve customer experience.
Companies on the path of digitalization have been helped by several products, including “Strategic Algorithm ”.
It analyzes over a million possible scenarios for each field and helps answer the question of which crops and where to grow.
The savings from the application of this solution is 140 million rubles per year.
The second product, Meta Algorithm, helps to make daily plans and increases yields by 5%.
The algorithm gives a plan on which fields and with the help of which equipment you need to perform certain operations daily.
The savings from the application of this solution is 279 million rubles per year.
Another solution used by Rusagro is drones that inspect fields six times faster than a person does.
Drones detect weeds and help calculate the number of solutions needed to process the fields.
The savings from the implementation of this solution reaches 1.5 billion rubles. annually.
Also, Rusagro has developed a software that helps to make optimal models of field cleaning.
Pavel Butenko, director of digital transformation at Sogaz, said that in 2023 the company focused on creating digital health services.
With the help of digitalization, the company managed to move from a product model to a customer-centric one.
Sogaz has created a smart medical assistant.
It collects anamnesis (including from wearable smart devices) and directs the patient to the necessary specialist.
In the application there is a diary of observation, an online record, etc.
AI helps doctors choose a treatment plan and, if necessary, adjust it.
Patients can also seek help through telemedicine.
Online admission is twice as fast and costs less than a physical trip to the doctor.
Digitalization allows the employer to save 45 hours per person per year.
Sogaz is going to save up to 5 billion rubles annually.
Russian solutions
Evgeny Alekseenko, Director of Rostelecom Data Center, spoke about the creation of a digital environment for business.
He noted several pressing problems: the inaccessibility of foreign IT solutions, the growth of costs for non-core assets, the shortage of personnel.
You can solve them with the help of the product “Digital environment for your business ” from Rostelecom Data Center.
The product will provide IT needs for employees in the format of Pay-as-you-Go service with migration and adaptation of data and user roles.
It is based on domestic technical solutions.
The functional needs of employees are formed into user profiles that form the final service with a clear tariff grid.
The minimum user profile may include information security and technical support, and the maximum depends on the needs of the business.
The user ’ s workplace consists of equipment, software, Internet access tools, data exchange, server infrastructure (computing resources), etc.
This ecosystem should be “shrouded ” by means of protection and receive round-the-clock technical support.
Rostelecom ’ s product includes equipment for the workplace (laptop, smartphone, workstation, etc.), peripherals (camera, headset, etc.), MFPs, office applications, virtual telephony, mobile communication, Internet and virtual workplace.
In addition, the company receives a user portal, mail, cloud storage, video conferencing system, etc.
“Digital environment for your business ” is a completely import-independent solution.
It consists of products "P7-office", "Trukonf", Yadro, "Aquarius", ICL, etc.
Sergey Zudin, Director of Development at Sberbank Devices, spoke about product evolution and the role of artificial intelligence in it.
For example, the VCS product of Sberbank is equipped with tools for noise reduction, speech transcription (translation of speech into text online, decoding by speakers, etc.) and background replacement.
The SalutSpeech solution produces a minimum number of errors in speech recognition (98% of correct recognitions).
The solution can also recognize the speaker ’ s emotions.
Thanks to this, it can record which operator and at what point there were problems when communicating with the client.
In addition, SalutSpeech can create live robot speech for customer comfort (background noise, intonation, word selection, stress, etc.).
This voice is hard to distinguish from the voice of a person.
Benefits of using AI
GigaChat is a service based on a multimodal neural network model.
It works not only with text, but also with the image, optimized for high loads and focused on Russian.
In this, GigaChat is fundamentally different from ChatGPT.
Sergey Zudin noted that automation with a chatbot without AI reaches 40%, and with AI – 85%.
Alexey Kislov, Head of ERP Practices Development, and Artem Grigorovich, designer-developer of industry-specific ERP / MES solutions, spoke about the technologies that the company offers for business digitalization.
They allow you to transform traditional business models and support new ones.
The advantages of their use are to increase competitiveness, process efficiency, increase the quality of services and products provided, etc.
According to Artem Grigorovich, business analytics and big data are necessary for business digitalization.
They allow you to visualize data for making business decisions using 1C: Analytics.
As a result, the client receives an increase in the efficiency of key decision-making and transparency of financial and operational data.
Alexey Kislov noted that the solution is already being applied in such companies as Delimobil, Gazprom International Limited and others.
In addition, 1C uses AI and predictive analytics.
It allows you to process equipment sensor data, voice and image using machine learning methods in real time.
This eliminates the human factor, reduces labor costs and minimizes decision-making time.
We are talking about such services as “1C: Recognition of primary documents ”,“ 1C: Sales forecasting ”, etc.
Another “1C ” tool for business digitalization is intellectual assistants (chatbot Asyar, iRukovoditel, etc.).
Artem Grigorovich also spoke about the practical experience of using Internet of Things technologies, digital twins and life cycle management and other 1C tools.
Sergey Fomin, CEO of Picvario, spoke about the domestic digital asset management system “Piquario ” of the DAM / CSP class.
It allows you to effectively manage files of various formats (photos, videos, audio, presentations, documents, etc.).
This solution differs from enterprise-level file management systems in that it allows you to work with thousands of heavy file formats.
The system makes it possible to work with files at all stages of the life cycle: creation, enrichment, validation, storage, monitoring, distribution, etc.
“Piquario ” can be deployed both on the client ’ s capacities and in the cloud.
The system also supports integration with other external storage.
It allows you to register accounts, groups, manage access rights, upload statistics, etc.
It is also easy to work with content in Piquario due to integration with well-known software for creating and editing digital assets (Adobe, MyOffice, etc.).
The solution is also able to automatically translate metadata, recognize faces and objects, etc.
Piquario maintains copyright metadata and controls license expiration dates.
The system is equipped with a smart search, demonstrates the statistics of downloads and limits.
Piquario allows you to register and manage the rights of external users, automatically distribute content through FTP channels, sell through partner channels, integrate with external media, etc.
Among the clients of the company "Sber", "Rosatom", "Ascona", "RusHydro" and others.
The section was completed by Vadim Shchemelinin, Head of Industry 4.0 SIBUR Digital.
He spoke about Industry 4.0, which includes the industrial Internet of Things, AR platform, video analytics, robotics and drone service.
Now SIBUR is ready to bring its digital transformation products to the foreign market.
The speaker, like many experts, noted the need to understand the problem that the company intends to solve with the help of CT.
It is also important to assess the survival of the solution in the company
Vadim Shchemelinin spoke about the Remote Expert solution developed by SIBUR.
Experts are available from anywhere in the world without delays and violations of the information security of the enterprise.
He advised to focus on the development process, look for optimal solutions and make full use of the existing infrastructure.
Results of CNews FORUM 2023
The 16th CNews FORUM, the largest independent platform for the meeting of CIOs, IT executives and government officials, has become a record in terms of scale and number of participants.
CNews FORUM was visited by more than 1700 people.
About 120 expert reports were heard.
More than 60 stands were presented at the exhibition space of the forum.
“Over the past year, Russian enterprises and state authorities have managed to do a huge amount of work to maintain the stability of IT infrastructures and to modernize them based on domestic technologies.
Despite unprecedented pressure, Russia has managed to successfully confront all challenges.
As the saying goes, “There is no evil without good. ”
Due to unfavorable circumstances, many high-tech industries and scientific centers of our country have received a new impetus for development.
The country is experiencing another technological breakthrough and the information technology industry is at the forefront of this global transformation, ” said Alexander Kiryanova, chief editor of CNews.
Main events of the forum
At the start of CNews FORUM, a dialogue was held with the industry of the head of the Ministry of Digitals Maksut Shadaev.
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In the session part, five thematic sectoral sections were held: “Digitalization of the financial sector ”,“ Import substitution ”, “Information security ”,“ Digitalization of trade ”, “Digital transformation ”.
Representatives of the largest companies VTB, Absolut Bank, Rusagro, Samolet, Sheremetyevo Airport, SIBUR, Moscow Exchange, X5 Group, SOGAZ, Norilsk Nickel, NLMK shared their vision of the digital development of Russia.
The winners of the annual CNews Awards were 14 companies that proposed the most striking, socially significant projects that had an impact on the Russian IT and telecommunications market this year.
The next CNews FORUM Cases and annual awards “Innovation of the Year ” and“ Import Substitution of the Year ” will be held in June 2024.
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Files are stored separately.
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Irina Efremova-Garth: Digital transformation and sustainable development are the two most significant global trends
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The Ural Civil Aviation Plant has undergone digital transformation despite personnel shortages.

GE Digital's Airspace Insight improves airspace operations for greater sustainability, efficiency, and safety.

Title:

Content: GE Digital's Airspace Insight to Help Qantas Improve Airspace Efficiency

3 minutes ago

GE+Digital today announced Qantas has chosen to implement Airspace+Insight™ as a tool designed to answer complex “what if” questions to improve airspace operations and identify opportunities to help drive more sustainable, efficient, and safe operations.

Airspace Insight is designed to help identify and quantify airspace inefficiencies to reduce overall flight time, fuel burn, and carbon emissions. It is estimated that a typical flight emits 900 to 1,000 kg of excess carbon per flight due to inefficient airspace design and air traffic control practices1. Airspace Insight is the first tool of its kind enabling a collaborative approach among the necessary stakeholders -- Air Traffic Control (ATC), airlines, airports, airspace designers, and communities) to not only identify inefficiencies in an airspace, but also to recognize unnecessary flight paths over environmentally sensitive areas, helping reduce the impact of noise and pollution.

Airspace Insight is designed to better enable Qantas to understand what is happening in their airspace from a safety and efficiency perspective with more detail than they had access to before. This information enhances Qantas’ already industry-leading safety program with data they can use to collaborate with air traffic control organizations around the world. In addition, this data can ultimately help Qantas reduce carbon and other Greenhouse Gas (GHG) emissions while simultaneous decreasing aircraft noise footprints with optimal routing and more efficient climb and descent profiles.

Coupled with Navigation Services, Airspace Insight will support Qantas to continue their work in providing precision lateral and vertical guidance to every runway end. Expected benefits include eliminating circling, side-step, and non-precision procedures; providing lateral and vertical guidance to every runway end; promoting wind-aligned operations; accounting for non-normal and rare-normal conditions, reducing pilot and controller workload; providing guidance through complex terrain scenarios; and increasing track predictability. Passengers will also benefit from decreased flight times and reduced carbon emissions.

“The only way to get the kind of acceleration we need to hit our sustainability and efficiency goals is to put data to work,” said Andrew Coleman, General Manager of GE Digital’s Aviation Software business. “That data is already available in flight operations and in the flight itself. Innovators like Qantas are constantly looking to improve their flight experience for passengers and identify opportunities to drive change in their business and in the industry. We are honored to work with them toward those goals.”

Click on these links for more information about GE Digital’s Aviation+Software portfolio and a GE+Reports on how Qantas worked with GE Digital to develop FlightPulse®, an Electronic Flight Bag (EFB) application that puts key data into the hands of pilots.

About GE Digital

GE Digital transforms how our customers solve their toughest challenges by putting industrial data to work. Our mission is to bring simplicity, speed, and scale to digital transformation activities, with industrial software that delivers breakthrough business outcomes. GE Digital’s product portfolio – including grid optimization and analytics, asset and operations performance management, and manufacturing operations and automation – helps industrial companies in the utility, power generation, oil & gas, aviation, and manufacturing sectors change the way industry works. For more information, visit www.ge.com%2Fdigital.

1 Environmental Assessment: European ATM Network Fuel Inefficiency Study

© 2022 General Electric. All rights reserved. GE, the GE logo, and other product names are either registered trademarks or trademarks of General Electric in the United States and/or other countries. All other trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220719005714/en/

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Airspace Insight reduces flight time, fuel burn, and emissions by identifying airspace inefficiencies.

The Ministry of Industry and Information Technology issued a plan to promote new industrialization in aviation manufacturing from 2024-2030.

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Content: People 's Daily Online > > Economy and Technology
Ministry of Industry and Information Technology: By 2027, the general aviation public service equipment system will be basically perfect
March 28, 2024 15: 45 | Source: People's Daily Online
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Graphic: Shin Jiaping
Beijing, March 28 (Reporter Shen Jiaping) According to the official website of the Ministry of Industry and Information Technology, in order to promote the exploration and practice of new industrialization of aviation manufacturing industry, the Ministry of Industry and Information Technology recently issued the "General Aviation Equipment Innovation Application Implementation Plan (2024-2030)" (hereinafter referred to as the "Implementation Plan"), it is proposed that by 2027, the general aviation public service equipment system is basically perfect.
The implementation plan proposes that by 2027, China's general aviation equipment supply capacity and industrial innovation capacity will be significantly improved, the modern general aviation basic support system will be basically established, and the efficient integration of the industrial ecology will be initially formed, and the general aviation public service equipment system will be basically perfect.
By 2030, the new development model of the general aviation industry characterized by high-end, intelligent and green will be basically established, supporting and ensuring the "short-distance transportation + electric vertical takeoff and landing" passenger transportation network, "dry-branch - end" unmanned aerial vehicle distribution network, and meeting the needs of industrial and agricultural operations.
The implementation plan specifically proposes a total of 20 key tasks in five aspects.
The first is to enhance the industrial technological innovation capability.
Among them, the "Implementation Plan" requires electrification as the main direction of attack, taking into account hybrid power, hydrogen power, sustainable fuel power and other technical routes, accelerating the breakthrough and upgrading of aviation electric propulsion technology, and carrying out key technologies such as efficient energy storage, energy control and management, emission reduction and noise reduction.
Promote airworthiness forensics such as large and medium-sized fixed-wing aircraft, plateau helicopters, and unmanned aerial vehicles and put them into operation to achieve global emergency rescue capability coverage.
Support to accelerate the development and production of regional logistics and terminal distribution UAV and put into operation.
Support the development of intelligent air travel (SAM) equipment and promote the airworthiness of a batch of new consumer general aviation equipment such as electric vertical take-off and landing aircraft (eVTOL).
Encourage research and development of flying car technology, product verification and commercial application scenarios exploration.
Focusing on technical research, innovative applications, safety management, etc., give full play to the role of platforms such as the General Aviation Industry Innovation Alliance, and promote collaborative innovation in industry, education and research.
Second, improve the competitiveness of the industrial chain supply chain
The Implementation Plan proposes to accelerate the serialization development of general aviation power products.
Accelerate the development of 200kW class, 1000kW class turboshaft, 1000kW class turboshaft and other engines; continue to promote the mass delivery of 100-200 horsepower piston engines to achieve market scale application.
Combined with the needs of equipment in the fields of aviation emergency rescue, traditional operations, logistics and distribution, we will accelerate the promotion of unified standards, develop modular and standardized task systems, and improve product interchangeability and market compatibility.
Encourage leading enterprises to integrate resources, strengthen the leadership and organizational coordination of the industrial chain, supply chain and innovation chain, continuously improve the competitiveness of enterprises, improve after-sales service guarantee capabilities, and enhance the resilience and safety level of the industrial chain.
Based on the development foundation and resource advantages, we will build an integrated innovation and development industrial ecology from technology development, product development, demonstration and application to application in key areas such as the Yangtze River Delta, Guangdong, Hong Kong, Macao, Chengyu, Jiangxi, Hunan and Shaanxi.
The third is to deepen the demonstration application in key areas.
The "Implementation Plan" proposed, focusing on aviation fire suppression, aviation rescue, public health services, emergency communication / command four fields, in the Beijing-Tianjin-Hebei, Yangtze River Delta, northeast, central and western regions, border areas and other key areas, expand the demonstration application of aviation emergency rescue equipment.
Focus on the "dry - branch - end" logistics distribution demand, in the Yangtze River Delta, Guangdong, Hong Kong and Macao, Sichuan and Chongqing, Inner Mongolia, Shaanxi, Xinjiang and other key areas, encourage the development of UAV inter-city transportation and terminal distribution application demonstration, forming a large and wide range of aviation logistics distribution equipment system.
Support the research of low-altitude logistics solutions, explore new models of smart logistics, promote large-scale UAV branch logistics connection networking, and large-scale application of UAV distribution in cities, villages, mountains, islands and other emerging scenarios, and promote the construction of aviation logistics distribution network.
At the same time, to meet the needs of future urban air traffic, support relying on key regions such as the Yangtze River Delta, Guangdong, Hong Kong and Macao, and carry out application demonstration with eVTOL as the focus, and support the holding of related events.
For low-altitude tourism, aviation sports, private flights and business aviation consumption markets, the "General Aviation +" application demonstration will be carried out in key areas such as Shanxi, Inner Mongolia, Shanghai, Henan, Hunan, Hainan and Xinjiang.
Encourage areas with conditions to develop diversified low-altitude tourism products and promote the application demonstration of "general aviation + tourism".
Encourage large-scale and normalized operation demonstrations in key regions such as Sichuan and Chongqing, Inner Mongolia, Heilongjiang and Xinjiang, focusing on aviation training, short-distance transportation, agricultural and forestry plant protection, and geophysical exploration and inspection.
The fourth is to promote the construction of the basic support system.
The "Implementation Plan" requires that convergence applications such as 5G and satellite Internet be accelerated to support the exploration of low-space intelligent networking technologies and standards for the interconnection and information exchange of space and sky facilities.
Local governments are encouraged to integrate low-altitude infrastructure into urban construction plans and strengthen connectivity with urban transport systems.
Support the exploration and promotion of the construction of landing and takeoff points on the roof, ground, water and other scenes, improve the navigation and positioning, communication, meteorology, charging and other functional services, and form a multi-scene, multi-body, multi-level take-off and landing point network.
Adhere to the integration of general aviation standardization and technological innovation and application demonstration, and achieve the coordinated development of national standards, industry standards and group standards.
Build an unmanned aerial vehicle quality assurance and safety verification system, strengthen the safety and reliability assessment and verification of industrial UAVs and eVTOLs, and promote the formation of a number of industrial standards to support airworthiness certification.
Support colleges and universities to strengthen the construction of general aviation related disciplines and build a number of special colleges.
The fifth is to build an efficient integrated industrial ecology.
The "Implementation Plan" proposes that in emerging applications such as unmanned logistics and urban air traffic, leading enterprises are encouraged to explore the formation of integrated business models for product development, scene construction and demonstration operation.
Strengthen docking and exchanges with international organizations, promote bilateral multilateral cooperation, and support domestic enterprises to participate in the formulation of international rules and standard revisions in the fields of unmanned aerial vehicles and electric aircraft.
Implement the special project of "financial integration of science and technology industry", give play to the role of national production integration as a platform, make full use of financial means such as venture capital, and strengthen financing support for technology research and development in the general aviation equipment industry.
Promote the establishment of diversified equity general aviation equipment leasing companies, and encourage insurance companies to innovate products and services for the whole industry chain of general aviation equipment.
Encourage qualified regions to accurately guide all kinds of essential resources such as technology, capital and talent to effectively gather in general aviation manufacturing enterprises.
(Editor: Shen Jiaping, Gao Lei)
Public Number ： People 's Network Finance
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The plan proposes 20 key tasks to enhance innovation, competitiveness, and the basic support system.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Electrification is