#Aviation MRO Logistics Market Region

[ajaymoreadreport]

Aviation MRO Logistics Market Forecast: Growth Trends and Market Share (2024–2032)

Global Aviation MRO Logistics Market Overview

The Aviation Maintenance, Repair, and Overhaul (MRO) Logistics Market is experiencing unprecedented growth as the aviation industry expands globally. According to recent reports, the market size was valued at USD 2.3 billion in 2022 and is projected to grow significantly to USD 10.7 billion by 2032, demonstrating a robust compound annual growth rate (CAGR) of 18.60% during the forecast period (2023-2032). This meteoric rise is being driven by an increasing demand for air travel, coupled with advancements in logistics, urbanization, and the rapid economic growth of emerging nations.

The Aviation MRO Logistics market plays a critical role in maintaining the airworthiness of aircraft fleets. It ensures that maintenance, repair, and overhaul processes are executed efficiently, minimizing downtime for airlines and maximizing operational readiness. From transporting spare parts to managing supply chain complexities, MRO logistics guarantees the smooth operation of aircraft.

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In 2022, the industry experienced considerable demand due to post-pandemic recovery, an uptick in air travel, and increasing airline investments in fleet modernization. The growth trajectory is expected to strengthen over the next decade as airlines ramp up operations and aviation stakeholders prioritize efficiency and sustainability.

Key Market Drivers

Surge in Air Travel Demand

Business and leisure travel are on the rise, particularly in emerging economies. Rapid urbanization and growing middle-class populations are leading to increased demand for air transportation, placing higher reliance on MRO logistics. Developing regions like Asia-Pacific, the Middle East, and Latin America are emerging as hotspots for aviation activity.

Fleet Expansion and Modernization

Airlines are investing heavily in expanding and modernizing their fleets to meet the growing demand for air travel. The adoption of next-generation aircraft, which are technologically advanced and fuel-efficient, is fueling the need for highly specialized MRO logistics services.

Aging Aircraft Fleets

A significant portion of the global aircraft fleet is aging, requiring frequent maintenance, repairs, and parts replacement. Airlines are increasingly outsourcing logistics to specialized providers, enhancing the market for MRO logistics.

Technological Advancements in Logistics

The adoption of technologies such as Artificial Intelligence (AI), Internet of Things (IoT), predictive analytics, and blockchain in MRO logistics is revolutionizing the industry. These technologies streamline operations, improve parts traceability, and optimize supply chains.

Rising Focus on Efficiency and Sustainability

Airlines and logistics providers are under pressure to reduce costs and carbon emissions. Advanced MRO logistics solutions contribute to sustainability by minimizing delays, improving fuel efficiency, and promoting the use of green supply chain practices.

Segmentation Analysis

The Aviation MRO Logistics market is segmented based on services, mode of transport, and region:

By Services:

Inventory Management

Transportation

Warehousing

Packaging and Distribution

Spare Parts Management

By Mode of Transport:

Air Transport

Ground Transport

Sea Transport

By Region:

North America: A mature aviation hub with significant investments in fleet maintenance and logistics.

Europe: Strong focus on sustainability and innovation in aviation logistics.

Asia-Pacific: The fastest-growing region, driven by economic growth and fleet expansion.

Middle East & Africa: Increased air traffic and rising demand for MRO services.

Latin America: Emerging opportunities in regional aviation.

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Competitive Landscape

The Aviation MRO Logistics market is witnessing intense competition as key players vie to enhance their service portfolios and adopt cutting-edge technologies. Leading companies are forming strategic partnerships, investing in digital transformation, and expanding their global footprints. Prominent players in the market include:

DHL Global Forwarding

FedEx Corporation

UPS Supply Chain Solutions

Kuehne + Nagel

DB Schenker

Boeing Distribution Services

Lufthansa Technik AG

These companies are leveraging innovation to offer customized solutions, ensuring seamless supply chain management for MRO services.

Regional Analysis

The Asia-Pacific region is poised to dominate the Aviation MRO Logistics market over the forecast period, driven by rapid urbanization, rising disposable incomes, and growing investments in aviation infrastructure. Countries like China, India, and Singapore are key players contributing to regional growth.

Meanwhile, North America and Europe remain pivotal markets due to their well-established aviation industries and strong emphasis on technological advancements. In the Middle East, increasing air traffic and the growth of regional carriers are bolstering demand for MRO logistics solutions.

Future Trends

Digitalization in MRO Logistics: Blockchain, AI, and digital twins are transforming MRO logistics, ensuring real-time tracking of spare parts, predictive maintenance, and enhanced operational efficiency.

Sustainability Initiatives: Airlines are partnering with logistics providers to implement eco-friendly practices, such as carbon-neutral shipping and green warehousing.

Increased Outsourcing: Airlines are increasingly outsourcing MRO logistics to third-party providers, allowing them to focus on core operations while reducing costs.

Integration of Advanced Data Analytics: Predictive analytics is enabling logistics providers to forecast parts demand, optimize inventory, and reduce delays.

Emergence of Smart Airports: Airports are adopting smart logistics solutions to streamline MRO operations and improve aircraft turnaround time.

Conclusion

The Aviation MRO Logistics market is on a fast track to exponential growth, driven by rising air travel demand, fleet modernization, and technological advancements. With a projected market size of USD 10.7 billion by 2032 and a remarkable CAGR of 18.60%, the industry presents numerous opportunities for stakeholders. Emerging economies, sustainability initiatives, and digital innovations are set to propel the market into new frontiers, shaping the future of aviation logistics.

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As airlines strive to enhance efficiency and meet growing passenger demands, the role of MRO logistics will remain indispensable, ensuring that the skies remain safe, reliable, and operational for years to come.

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[amrutmnm]

Projections indicate that the Drone Services Market Size is poised for significant growth, with an estimated increase from USD 17.0 billion in 2023 to USD 57.8 billion by 2028, demonstrating a noteworthy compound annual growth rate (CAGR) of 27.7% during this period.

The drone market size continues to expand as the drone services industry evolves, offering a diverse range of services for both remotely controlled and autonomously flown drones. This industry integrates software-controlled flight plans into drones' embedded systems, making it a critical component in sectors like agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure. The demand for these services, which includes tasks such as search and rescue, package delivery, industrial inspections, imaging, and healthcare supply distribution to remote areas, significantly contributes to the growing drone market size.

In terms of market segmentation, drone services are categorized by the type of service provided, including platform services (further divided into flight piloting and operation, data analysis, and data processing), maintenance, repair, and operations (MRO), and simulation and training. The application-based segmentation encompasses inspection and monitoring, mapping and surveying, spraying and seeding, filming and photography, transport and delivery, as well as security, search, and rescue.

The industry-based segmentation covers a wide spectrum of sectors, including construction and infrastructure, agriculture, utility, oil & gas, mining, defense and law enforcement, media and entertainment, scientific research, insurance, aviation, marine, healthcare and social assistance, and transportation, logistics, and warehousing. These industries rely heavily on drones for functions like inspection, monitoring, and photography, further driving the drone market size.

Furthermore, the market is categorized by solution type into end-to-end solutions, which encompass all platform services like piloting and operations, data analytics, and data processing. Point solutions are specific to piloting or data processing for applications such as surveying, inspection, and monitoring.

The market report segments the drone services industry across five key regions: North America, Europe, Asia Pacific, the Middle East, and the Rest of the World (ROW), with a focus on their key countries.

In 2023, North America is expected to hold the largest share of the drone market size within the drone services industry, as these services continue to replace legacy solutions in commercial sectors.

Drone services are progressively replacing legacy services in the commercial sector, such as aerial surveys, filmography, and search and rescue operations. They offer the advantages of prolonged operation, remote control by human operators, or autonomous functioning by onboard computers. The increasing adoption of drone services across various civil and commercial applications can be attributed to their extended endurance and cost-effectiveness. Furthermore, the integration of advanced technologies like artificial intelligence, IoT (Internet of Things), and cloud computing into drone services is expected to further boost their demand across various sectors.

[sanjeev3214]

Global Aviation Market Share, Trends, Growth and Forecast 2029 

The aviation market is projected to grow from USD 333.96 billion in 2024 to USD 396.15 billion by 2029. Despite setbacks from the COVID-19 pandemic, the industry is rebounding, driven by increased demand for air travel and cargo services. 

Segmentation in the Aviation Sector 

The aviation market is a diverse landscape comprising various segments catering to different needs and preferences within the industry. Understanding these segments is crucial for stakeholders to effectively target their audience and capitalize on emerging opportunities. 

Commercial Aviation 

Full-Service Carriers: Airlines offering a wide range of services, including meals, entertainment, and checked baggage, typically targeting business and leisure travellers. 

Low-Cost Carriers (LCCs): Airlines focusing on affordable air travel with no-frills services, appealing to budget-conscious travellers. 

Cargo Aviation 

Integrated Carriers: Companies operating their own fleet of cargo aircraft and providing end-to-end logistics solutions, often combining air, ground, and sea transportation services. 

Dedicated Freight Operators: Airlines exclusively dedicated to transporting cargo, offering specialized services tailored to the needs of freight customers. 

General Aviation 

Business Aviation: Aircraft used for corporate travel, executive transportation, and charter services, catering to business executives, high-net-worth individuals, and government officials. 

Personal Aviation: Aircraft used for personal and recreational purposes, such as private flying clubs, flight training, and sightseeing tours. 

Maintenance, Repair, and Overhaul (MRO) Services 

Airframe Maintenance: Inspection, repair, and modification of aircraft structures and components to maintain structural integrity and safety. 

Engine Maintenance: Overhaul, repair, and testing of aircraft engines to ensure optimal performance and reliability. 

Major Players in the Aviation Market 

Airbus SE: A leading manufacturer of commercial aircraft, helicopters, and defence systems, known for innovative designs like the A320, A330, A350, and A380. 

The Boeing Company: Renowned for iconic aircraft models such as the 737, 747, 777, and 787 Dreamliner, Boeing specializes in commercial and military aircraft and aerospace products. 

Lockheed Martin Corporation: A global aerospace and defence company manufacturing military aircraft, missiles, and space systems, including the F-35 Lightning II fighter jet and C-130 Hercules transport aircraft. 

Embraer S.A.: A Brazilian company specializing in commercial, executive, and military aircraft, leading the regional jet market with models like the E-Jet series and the Phenom executive jet series. 

Opportunities and Challenges in the Aviation Market 

Opportunities 

Technological Advancements: Rapid advancements in aircraft design, propulsion systems, and avionics offer opportunities for enhancing aircraft performance, fuel efficiency, and safety through research and development (R&D). 

Market Expansion in Emerging Economies: Emerging economies in Asia-Pacific, Latin America, and Africa present significant growth opportunities due to rising disposable incomes, urbanization, and a growing middle class driving increased air travel demand. 

Cargo Transportation Growth: The e-commerce boom and globalization of trade have fuelled the demand for air cargo services. Airlines and cargo carriers can invest in freighter aircraft, cargo handling facilities, and digitalization initiatives to streamline operations and meet the growing demand for air cargo services. 

Challenges 

Volatility in Fuel Prices: Fluctuations in oil prices impact airline operating costs, affecting profitability and financial stability. Sudden spikes in fuel prices can significantly inflate operating expenses. 

Regulatory Compliance and Safety: The aviation industry is highly regulated, with stringent safety standards and compliance requirements imposed by bodies such as the Federal Aviation Administration (FAA) and the International Civil Aviation Organization (ICAO). 

Infrastructure Constraints: Airport capacity limitations, airspace congestion, and inadequate ground facilities pose significant challenges. Growing passenger demand, especially in congested urban areas and major travel hubs, strains existing infrastructure and air traffic management systems. 

Conclusion 

The aviation market presents a dynamic landscape characterized by opportunities, challenges, and ongoing evolution. Despite facing headwinds such as the COVID-19 pandemic, regulatory complexities, and infrastructure constraints, the aviation industry remains resilient and adaptable, driven by innovation, technological advancements, and market demand. 

[delvenservices]

Military Aviation Maintenance, Repair, and Overhaul (MRO) Market Research Analysis

Aerospace and Defense MRO Market Size, Share & Trends Analysis Report by Product (Engine, Air Frame), By Application, By End-use (Commercial Aviation, Military Aviation) and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The Military Aviation Maintenance, Repair, and Overhaul (MRO) Market size is projected to reach a CAGR of 14.0% from 2022 to 2028.

Aircraft MRO includes tasks performed to ensure the continuing airworthiness of an aircraft and its parts. MRO service providers perform overhaul, inspection, replacement, defect rectification, and the embodiment of modifications in compliance with airworthiness directives and repair. The study includes MRO of all military aircraft, including helicopters used for combat and non-combat missions.

Expansion of fleet by low-cost airlines, coupled with increasing military spending spurred by the ongoing political conflicts and territorial disputes are some of the factors that have supported long-term expansion for Military Aviation Maintenance, Repair, and Overhaul (MRO) Market.

Due to COVID-19 pandemic has resulted in lower aircraft utilization rates which led to a drop in demand for the commercial aviation MRO, whereas the cargo aviation MRO market had increased considerably owing to enhanced global trade relations.

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Regional Analysis

Asia Pacific dominated the aerospace and defense MRO market and accounted for the largest revenue share during the forecast period. Rapid economic growth, urbanization, launch of new domestic airlines, low-cost labor markets such as India and China coupled with government support in establishing the aerospace clusters are driving the need for aviation services in the region.

Competitive Landscape

Key Players

AAR Corporation

SIA Engineering Company (SIAEC) Ltd.

Embraer S.A

Air France KLM Group

Raytheon Technologies Corporation

Delta Air Lines Inc.

General Dynamics Corporation

MTU Aero Engines AG

Lufthansa Technik AG

Honeywell International Inc.

Spirit AeroSystems Inc.

Turkish Technic Inc.

Bombardier Inc.

Rolls-Royce plc

Hong Kong Aircraft Engineering Company (HAECO) Ltd.

GE Aviation

Boeing Company

Airbus SAS

ST Engineering

Magnetic MRO

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Recent Developments

In November 2021, GAL, a unit of UAE’s state-owned defence conglomerate EDGE and a Abu Dhabi maintenance, repair and overhaul (MRO) service provider said it has secured a contract worth USD 2.9 billion (11 billion dirhams) from the UAE Air Force and Air Defence (AFAD) to provide aircraft MRO under a three-year performance-based logistics (PBL) contract.

In August 2021, The Indian Air Force (IAF) has awarded Lockheed Martin a USD 328.8 million, five-year contract to provide comprehensive maintenance support for its fleet of 12 C-130J Super Hercules tactical airlifter aircraft. Under the Follow on Support-II (FOS-II) contract, an extension of the initial FOS-I contract, the IAF will pay the company about USD 5.5 million per C-130J, per year, in order to obtain a specified level of operational readiness across the fleet.

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Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Military Aviation Maintenance, Repair, and Overhaul (MRO) Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Report Scope

Military Aviation Maintenance, Repair, and Overhaul (MRO) Market is segmented into product, application, end use and region.

On the basis of Product

Engine

Airframe

Line

Component                                                

On the basis of Application

Narrow Body Aircraft

Wide Body Aircraft

Regional Aircraft

Others

On the basis of End-User

Commercial Aviation

Business & General Aviation

Military Aviation

Others

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

Read More:

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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

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[golden-falcon-aviation]

As Demand Rises, Internal Factors Rule the Aftermarket

Do you know? Several airlines are operating every piece of equipment they have, with manpower being the main constraint rather than weak demand or other macro reasons. Although in a better state, it is hard to call the rate of new aircraft deliveries steady.

Following a solid first quarter of 737 MAX deliveries, Boeing's 737 program encountered another roadblock in the shape of non-conforming fuselage-to-vertical fin components, which will necessitate broad rework on many of the inventory's aircraft, even if they are made of the best aircraft parts. Delays in delivery and possibly increased maintenance costs on some older narrowbodies will result from this.

In order to support the increase in activity, maintenance repair and overhaul aviation work has been enhanced due to China's continuous reopening. After a strong 2022, the commercial market is forecast to rise by 15-20% this year. The major challenges to the growth of the aftermarket, barring a significant disruption, are unrelated to some crucial macro issues like inflation or demand.

According to the survey conducted by RBC Capital Markets, an MRO provider, 75% of respondents ranked spare worries as one of their top watch concerns. That mentions a rise of 10% from the 4th quarter, while staffing and materials were the two most often mentioned problems.

Human capital is undoubtedly a big issue; in fact, it is the second-most mentioned issue among the 40 or so responses. Some of it is significantly outpaced. Another issue is capacity. CFM International has added the length of time an engine waits before entering a shop for an overhaul to its KPIs list. Now, this period is roughly a hundred days, and CFM is not anticipating that it will return to normal before the middle of 2024.

The side of the engine is operating the hottest, capacity constraints are apparent elsewhere. Before 2025, it is very hard to schedule a frame slot at Embraer's overhaul amenities in Nashville, Tennessee, or Macon, Ga. The rush of primarily American regional airlines that wish to maintain their E170-series fleets in operation caused the Nashville amenity to fill a line normally allocated for ad hoc work.

Nashville has nine lines, and they are completely booked in 2024. They can fit one or two more aircraft made of the best aviation parts before they meet the capacity for the remainder of 2024. Companies are flying airplanes so frequently due to the industry's rapid recovery that they are arriving for repair considerably more frequently than previously.

At least so far, aftermarket suppliers are managing the surge. But they are noticing the critical patterns. Compared to their early predictions for the year, aviation traffic could become more intense. Even though there will still be supply chain issues this year, things are undoubtedly getting better.

They were having trouble making up for the staff members they had lost as a result of the epidemic. Now, they are expanding their workforce by resuming recruitment. However, depending on the level of expertise, it may take several months or even a full year to certify the staff.

So, as demand surges, the aftermarket headwinds are truly internal! This is not only the case for a single platform but for many sectors in the aviation industry. Fields like AOG air freight, aircraft parts for sale, Boeing aircraft parts, aircraft consignment inventory, surplus aircraft parts for sale, air charter logistics, aircraft maintenance and repair, and aircraft leasing companies are facing challenges! Hope for the best!

[smarthomesdholera]

Dholera Greenfield Smart City - A Trillion Dollar baby - Part II

What all government authorities are functioning and operational in Dholera?

DSIRDA (Dholera SIR Development Authority)– Under the SIR Act 2009 a regional development authority were formed in February 2010 with the name of DSIRDA. Primary responsibility of this authority is planning and development like Land use Finalisation, Town Planning Schemes, Development Plan of SIR, co-ordination with local farmers, giving permissions etc. will be responsibility of DSIRDA only.

DICDL (Dholera Industrial City Development Limited)– In January 2016 a Special Purpose Vehicle company were formed with the name of DICDL in which Gujarat government has 51% stake through DSIRDA and Central government has 49% stake through DMIC trust.

RERA (Real Estate Regulation and Development Act) – As Town Planning Schemes are getting finalised in Dholera SIR now so slowly and steadily RERA is also getting active in Dholera SIR. This is certainly a good move because it gives a lot of comfort level to an investor as well.

SEVA SADAN DHOLERA – It is the same place where registries of Dholera Taluka properties are done and all the mutation work is also done in the same premises.

DIACL (Dholera International Airport Company Limited) – A Special Purpose Vehicle company was formed by Government of Gujarat with the name of DIACL which at present is operating from Udyog Bhavan at Gandhinagar in Gujarat. Airports Authority of India (AAI) has majority 51% stake in the company, Gujarat government has 33% stake and the National Industrial Corridor Development and Implementation Trust (NICDIT) has the remaining 16%

Before commencing work on ground did Government made any Master Plan and why it took a more than a decade to see something on ground?

Yes, absolutely. Dholera SIR is an extremely planned city for which various multinational companies were hired to make its blue print.

Master Planning of Dholera SIR is done by British Infrastructure giant Halcrow which has executed projects in more than 70 countries from planning phase to deigning & management as well. American multinational engineering company AECOM has done designing of Dholera SIR and is completely responsible for implementing trunk infrastructure including roads, rail, drainage, water supply, water treatment etc. State government has hired Wipro as ICT consultants and companies like IBM and CISCO were hired for implementing technology used in the making of a smart city.

Starting from forming a legislative framework SIR Act 2009, Gujarat government formed a regional development authority DSIRDA in year 2010 and then in year 2012 Development Plan of Dholera SIR was sanctioned along with draft Town Planning 1 and 2 schemes were also sanctioned. In year 2012 only draft Town Planning schemes 3, 4, 5 and 6 were submitted to apex authority GIDB. Environmental clearance notification was received on August 22, 2014. Activation area pre-designs for roads and services was obtained in January 2015 and Roads and Services Contract for Activation Area was awarded in June 2015. In January 2016 DICDL was formed a city level special purpose vehicle company.

Dholera SIR is huge, it is one of the Largest Smart and Sustainable Cities to be developed in India. Total area is 920 sq kms comprising of 22 villages of Dholera Taluka. Government has taken up Town Planning Schemes practice and the region is divided in 6 Town Planning Schemes as of now which is to be developed in three development phases. Development Phase 1 we will see Town Planning 1 and 2 getting developed and one it is done after a decade we will see Town Planning 3 and 4 getting developed and after another decade we will see Town Planning 5 and 6 getting developed under Development Phase 3.

Dholera SIR is completely divided in zones and in all we have 15 zones in Dholera SIR which are like follows:

·         Industrial Zone

·         Knowledge & IT Zone

·         Public Facilities Zone

·         Solar Park

·         Residential Zone

·         High Access Corridor

·         Logistics

·         City Center

·         Strategic Infrastructure Zone

·         Agriculture Zone

·         Village Buffer

·         Tourism: Resorts

·         Recreation, Sports and Entertainment Zone

·         Green Space

·         Coastal Regulation Zone

What is status of Dholera Greenfield Airport and Ahmedabad-Dholera Greenfield Expressway?

Let’s first talk about the much talked Dholera International Airport. I’ve already mentioned about DIACL that is the company which is going to plan and get airport work implemented.

1426 hectares of Government land has been reserved for Airport in Navagam Village of Dholera Taluka. Airport Authority of India has already prepared Feasibility Report, Detailed Project Report and EIA based on which all the required NOC’s and in-principle approvals have already been obtained for the Airport.

As per the latest news, central government has allotted Rs. 100 Crores as 1st instalment of funding for the said Airport and work of Land Filling in the region is getting started.

Besides handling logistics requirements of Dholera SIR, this Greenfield Airport will also handle the spill over traffic of existing Ahmedabad International Airport.

In adjacent Government land parcels available along with the Dholera International Airport, DIACL plans for an Aviation Zone and a MRO hub for manufacturing various parts of aircrafts or Aviation Academy, Flight training institutes etc.

At the same time, Ahmedabad-Dholera Greenfield Expressway tender has been assigned by NHAI and work is to commence now. NHAI is targeting expressway work to get completed in 18-24 months time frame. Initially it is designed as 4 lane expressway and later on it will be extended to 6 lanes and the best part is that scope of increasing lanes is considered from now only. This is the beauty about Greenfield projects actually. Along with the Expressway parallel Metro Trains are also planned.

What sort of technology is used to develop this new smart city and which all companies are involved in doing so?

Dholera being developed as a first Greenfield Smart and Sustainable city along with DMIC alignment in Gujarat, India is to witness a huge technical infrastructure like ICT, IoT, City Wide Applications, Data Centres, Networking, Wi-Fi etc. and companies like WIPRO, IBM and CISCO are already in planning and execution phase in Dholera Smart City.

About Author: Ms. Meenakshi Khurana, Managing Director, SmartHomes Infrastructure Pvt. Ltd. which is the pioneer in Dholera Real Estate market as technically most advanced and innovative developers & builders.

SmartHomes Infrastructure: SmartHomes Infrastructure Private Limited, a real estate developer entered the Dholera market 6 years back and now is one of the leading and most innovative developers and land owners of inside Dholera SIR and on border of Dholera SIR. SmartHomes Infrastructure owns huge land parcels & multiple projects in Dholera Smart City. Smart Homes is focusing on developing projects in TP 1, TP 2 and 11 sub TPs of Dholera SIR which will be on both side of Express Highway near Airport and on the border of Dholera SIR.

Smart Homes mainly deals in Commercial, Industrial and Residential Land and Projects. Our customers are High Net worth Individuals, NRIs from more than 20 countries, multinational companies and its employees from organisations like ISRO, ICICI, SBI, UCO Banks, Army, Navy and Air force.

International businesses that are looking to start their industry in Dholera, Smart Homes provide them end to end solutions from land acquisition, required permissions from the government for setting up an industry and residential set up for employees.

To be continued in Dholera Greenfield Smart City – A Trillion Dollar Baby Part 3

[jayanthitbrc]

Aviation Analytics Market To Expand At A Rapid CAGR Of 14.96% During The Forecast Period  2022-2026: IBM Corporation, Ramco Systems, SAP

Aviation Analytics Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. TBRC’s market report includes a chapter on the COVID-19 impact on the aviation analytics industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected aviation analytics market growth numbers from 2022-2031. Request a Sample of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=6677&type=smp The global aviation analytics market size is expected to grow from $2.41 billion in 2021 to $2.70 billion in 2022 at a compound annual growth rate (CAGR) of 11.79%. The global aviation analytics market share is expected to grow to $4.71 billion in 2026 at a compound annual growth rate (CAGR) of 14.96%. View More On The Report: https://www.thebusinessresearchcompany.com/report/aviation-analytics-global-market-report The Aviation Analytics Global Market Report 2022-31 by The Business Research Company evaluates aviation analytics market size, growth rate, drivers, aviation analytics industry trends, and major companies. The aviation analytics market segments in the report are: 1) By Component: Services, Solutions 2) By Deployment: On-Premise, Cloud 3) By Business Function: Finance, Operations, Maintenance and Repair, Sales and Marketing, Supply Chain, Others 4) By Application: Flight Risk Management, Fuel Management, Rout Management, Fleet Management, Inventory Management, Wealth Management, Inspection, Performance Monitoring, Predictive Analysis, Part Replacement, Supply Chain Planning, Energy Management 5) By End User: OEMs, Airlines, Airports, MROs The table of contents in TBRC’s aviation analytics market report includes: 1. Executive Summary 2. Aviation Analytics Market Characteristics 3. Aviation Analytics Market Trends And Strategies 4. Impact Of COVID-19 On Aviation Analytics 5. Aviation Analytics Market Size And Growth ……… 28. Key Mergers And Acquisitions In The Aviation Analytics Market 29. Aviation Analytics Market Future Outlook and Potential Analysis 30. Appendix About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.   Get A Quick Glimpse Of Our Services Here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Contact Information: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company Follow us on Twitter: https://twitter.com/tbrc_info Follow us on YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Follow us on Facebook: https://www.facebook.com/TheBusinessResearchCompany/ Check out our Blog: http://blog.tbrc.info/

[latestglobalmarketresearch]

Drone Services Market Size, Share, Trends, Segmentation, SWOT Analysis, Regional Insights & Future Growth Scope

The global drone services market is estimated to grow from USD 13.9Billion in 2021 to USD 40.7 Billion by 2026, at a CAGR of 23.8% from 2021 to 2026. North America is estimated to account for the largest share of the drone services market in 2021.

Drone services is an evolving market for services offered for flying drones that can be remotely controlled or flown autonomously by integrating software-controlled flight plans into their embedded systems. Drone services are rapidly replacing the applications of legacy services in the commercial sector, such as aerial surveys, filmography, and search & rescue, as they can be operated for long periods and remotely by human operators or autonomously by onboard computers. The usage of drone services has increased in various civil and commercial applications due to their high endurance and low operational costs. Besides, the incorporation of new technologies, such as artificial intelligence, IoT, and cloud computing in drone services is expected to further fuel their demand in various sectors.

Drones have proved to be an ideal solution for offering various services during the COVID-19 pandemic. From prompt delivery at peak hours and dispensing medicines and essentials to remote areas to screening an inaccessible location, drones are gradually demonstrating high work efficiency and productivity. Nevertheless, due to its low adoption, numerous countries have missed out on the potential of drone technology. The outbreak and widespread of the pandemic have led to an increase in demand for and use of drones, as their benefits outweigh their potential risks.

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Based on type, the drone services market has been segmented into platform (which is sub-segmented into flights piloting & operation, data analysis, and data processing), MRO, and simulation & training. The platform segment is expected to register the highest CAGR during the forecast period attributed to its higher efficiency in data collection and affordability, as well as the accessibility of drone services across the globe.

Based on industry, the drone services market has been segmented into construction & infrastructure, agriculture, utility, oil & gas, mining, defense & law enforcement, media & entertainment, scientific research, insurance, aviation, marine, healthcare & social assistance, and transportation, logistics, & warehousing.

The healthcare & social assistance segment is projected to record the highest growth, attributed to the increased investments in the area during the COVID period to deliver test samples and vaccines.

The drone services market based on solution has been segmented into end-to-end and point solutions.

The end-to-end solution segment would have the highest growth during the forecast period owing to the growing demand for complete package solutions, which include everything from piloting & operation, data analysis to data processing.

Based on application, the drone services market has been segmented into inspection & monitoring, mapping & surveying, spraying & seeding, filming & photography, transport & delivery, and security, search, and rescue. Among these applications, the transport & delivery segment is expected to dominate the market with the highest CAGR during the forecast period, owing to the escalating demand for fast package delivery services in the healthcare industry attributed to the outbreak of the COVID-19 pandemic

North America is expected to hold the highest market share in 2021.

 North America is expected to hold the highest market share in 2021. The growth of the regional market can be attributed to the increasing trend of online shopping from e-commerce platforms and favorable FAA regulations in the US. The rise in investments from key players to support start-ups in developing parcel service platforms is also expected to contribute to the growth of the regional market during the forecast period.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Aviation MRO Market Size to Reach $ 113 Billion by 2025 | TechSci Research

Stringent airworthiness norms and policies to drive global aviation MRO market

According to TechSci Research report, “Global Aviation MRO Market By Industry, By Component, By Aircraft Type, By End User, By Region, Competition, Forecast & Opportunities, 2025”, the global aviation MRO market is projected to reach $ 113 billion by 2025. Growing need to address wear and tear of aircraft components is one of the major factors boosting the growth of global aviation MRO market. Moreover, surging demand for low-cost carriers is expected to bode well for the growth of global aviation MRO industry during the forecast period. In addition to this, digitalization of aircraft MRO services and supportive government initiatives are positively influencing the global aviation MRO industry. Rising number of accidents caused due to carelessness in maintenance activities, is leading to authorities tightening the norms for timely maintenance and repair works, which in turn is bolstering the market growth.

Browse 142 market data Figures and Tables spread through 110 Pages and an in-depth TOC on

“Global Aviation MRO Market”

https://www.techsciresearch.com/report/aviation-mro-market/4706.html

The improved travel route networking is also aiding the market growth. The aging aircraft fleet is increasing across the globe due to which the global aviation MRO industry is expected to rev up over the next five years. However, there are certain factors that might act as major impediments to the growth of global aviation MRO market during the forecast period such as lack of supportive infrastructure in developing economies and high cost of aircraft downtime due to carrying out of complex MRO operations.

Global aviation MRO market can be segmented based on industry, component, aircraft type, end user, company, and region. Considering the component segmentation, the market is fragmented into engine, airframe, line, avionics, modifications, and others. The engine segment dominated the global aviation MRO industry in terms of largest market share in 2019 and is further anticipated to maintain its dominance during the forecast period as well. SIA Engineering Company, SR Technics, United Airlines, British Airways, HAECO (Hongkong), AAR Corporation, Air-France Industries KLM Engineering & Maintenance, Bombardier Inc., Delta TechOps, GE Aviation, Hong Kong Aircraft Engineering Co. Ltd., Lufthansa Technik, MTU Aero Engines AG, Triumph Group, Inc, among others are the leading players operating in the global aviation MRO industry.

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“North America is forecast to dominate the global aviation MRO market over the next five years. However, APAC is expected to witness faster growth during the forecast period. Growing international trade coupled with aging aircraft fleet is contributing to the growing trend. In addition, growing tourism along with the availability of technologically advanced and next generation widebody aircraft is further expected to boost the growth of global aviation MRO market in the years to come.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Aviation MRO Market By Industry, By Component, By Aircraft Type, By End User, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global aviation MRO market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global aviation MRO market.

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India Molecular Diagnostics Market By Application, By Technology, By End User, By Region, Competition, Forecast & Opportunities, FY 2026”

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Global eVTOL Aircraft Market By Application, By Propulsion, By Range, By Region, Competition, Forecast & Opportunities, 2024

http://www.techsciresearch.com/sample-report.aspx?cid=3984

Global Healthcare Robotics Market By Type (Surgical, Non-Surgical {Hospital Logistics Robots, Rehabilitation Robots, Robot Nurses, Telepresence Robots, Nanorobots, Diagnostic Robots, Radiotherapy Robots}), By Product (Da Vinci, Monarch, Ion, Navio, Mako Magellan Robotics system, Sensei X Robotics System, Cyber Knife, TUG and others), By Application (Colorectal, Gynaecology, Urology, Prostrate; Others), By End User (Hospitals and Clinics, Speciality Centres, Rehabilitation Centres, Others), By Region, Forecast & Opportunities, 2025

https://www.techsciresearch.com/report/healthcare-robotics-market/4636.html

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https://www.techsciresearch.com/report/cloud-robotics-market/3562.html

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Aerospace Maintenance Chemicals Market - Analysis, Share, Growth, Trends, Company Profiles and Forecast 2024

According to the latest report by Market Research Future (MRFR), Global Aerospace Maintenance Chemicals Market is expected to acquire a significant valuation at a striking CAGR over the forecast period.

The growth of the market for Aerospace Maintenance Chemicals is expected to be driven by the rise in the stringent regulations by government agencies across the globe regarding safety and environmental concerns. The growing complication of airframes, engines, and systems, is consequential in the augmented need for maintenance, repair, and overhaul (MRO) of aircraft, which include composite repair, engine maintenance, routine inspection, and thus, increasing the demand in the Global Aerospace Maintenance Chemicals Market over the forecast period. The massive need for MROs is consequently is fuelling market growth. Growing air traffic, along with the increasing number of air trips per day, is further driving market growth. The growing commercial aviation sector, coupled with the growing number of people traveling by air is resulting in lesser prices, is driving the Global Aerospace Maintenance Chemicals Market. Additionally, increasing research and development investments in the commercial aviation sector by chief market players such as Airbus and Boeing are likely to enhance market growth.

Key Players:

The Leading Market Players identified in the Global Aerospace Maintenance Chemicals Market are 3M (U.S.), Aerochemicals (France), Arrow Solutions (England), Henkel AG & Co., KGaA (Germany), Aviation Chemical Solutions (U.S.), Exxon Mobil Corporation (U.S.), Callington Haven Pty Ltd. (Australia), Hansair Logistics Inc. (U.S.), Florida Chemical Supply, Inc. (U.S.), Eastman Chemical Company (U.S.), Nexeo Solutions (U.S.), KLX  Inc. (U.S.), Krayden, Inc.(U.S.), Royal Dutch Shell (Netherlands).

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Segmental Analysis:

The Global Market for Aerospace Maintenance Chemicals has been segmented by Nature, Product, Application, Aircraft, and Region.

Based on Nature, the market for Aerospace Maintenance Chemicals has been segregated into organic and inorganic.

On the basis of Product, the Aerospace Maintenance Chemicals Market has been segmented into aircraft leather cleaners, aircraft cleaning chemicals, aviation paint removers, aviation paint strippers, aircraft wash and polishes, aluminum brighteners, degreasers, specialty solvents, and others.

The Applications of the Aerospace Maintenance Chemicals in the market are for aircraft parts and MRO.

The various forms of Aircraft in the Aerospace Maintenance Chemicals Market are business, commercial, general, helicopter, military, spacecraft, and others.

Regional Analysis:

North America has been accounted for the largest market share of the Aerospace Maintenance Chemicals Market owing to the growing aerospace industry in the region. The U.S. and Canada are the major providers of Aerospace Maintenance Chemicals Worldwide as a result of the augmented production of aircraft in the region. Furthermore, increasing investments in defense aircraft to reinforce the nation’s military proficiency is also likely to propel market growth over the review period.

Browse Key Industry Insights spread across 100 pages with 58 market data tables & 15 figures & charts from the report, “Aerospace Maintenance Chemicals Market Information: By Grade (Food, Pharmaceutical, Cosmetic), Application (Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Agriculture/Animal Feed) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2024” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/aerospace-maintenance-chemicals-market-6205

Europe is a significant market for Aerospace Maintenance Chemicals and is likely to retain its leading market share over the forecast period. This is credited to the presence of crucial market players in the region, especially in the aerospace & defense industry. The consumption of the product has risen significantly in the UK, which is a major contributor to the market share in the region over the review period.

The Asia Pacific region is the fastest-growing region in the Global Aerospace Maintenance Chemicals Market owing to the augmented demand for passenger aircraft in the emerging economies such as China, India, and Thailand. Additionally, the thriving tourism industry is expected to fuel the market growth in the region over the evaluation period.

The Latin American market for Aerospace Maintenance Chemicals is expected to witness considerable growth over the assessment period. This is attributed to the growing aerospace industry in emerging economies such as Brazil, which is one of the largest manufacturers of commercial aircraft in the region, resulting in market growth during the forecast period.

The Middle East & Africa region is expected to witness substantial growth during the review period owing to the growing aviation industry in Oman, and Saudi Arabia, and the United Arab Emirates (UAE).

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Market NEWS:

The Air Traffic Control Market Is Projected To Reach USD 56.07 Billion By 2022, At A CAGR Of 12.75% During The Forecast Period. The Base Year Considered For the Study Is 2016 and the Forecast Period Is From 2017 To 2022

Press Release

https://www.marketsandmarkets.com/PressReleases/air-traffic-control-equipment.asp

The air traffic control market is projected to grow from USD 30.77 Billion in 2017 to USD 56.07 Billion by 2022, at a CAGR of 12.75% during the forecast period. This growth is mainly attributed to the modernization of Air Traffic Management (ATM) infrastructure, increase in the number of airports in emerging economies, and the need for efficient airspace management. As aircraft operators across the globe have realized the significance of improved Air Traffic Control (ATC) services, they are increasingly investing in the development of innovative air traffic control technologies.

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The air traffic control market has been segmented on the basis of airspace, application, sector, investment type, system, and region. Based on airspace, the market has been classified into Air Traffic Control System Command Center (ATCSCC), Air Route Traffic Control Center (ARTCC), Traffic Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), and Flight Service Station (FSS). The ATCSCC segment is estimated to be the largest airspace segment of the market in 2017, owing to the need for advanced capabilities in ATC equipment.

Based on application, the Air Traffic Control Market has been segmented into communication, navigation, surveillance, and automation. The communication segment is estimated to account for the largest share of the market in 2017. Communication between pilots and ground control operators is essential to ensure an orderly flow of air traffic. Earlier, voice communication systems were primarily used to manage air traffic, which involved the transmission of information between air traffic controllers and pilots. However, conventional voice communication systems are unable to function effectively in congested airspace, which has propelled the need to develop advanced communication equipment for air traffic control.

Key Target Audience

·         Air Traffic Control Equipment Manufacturers

·         Air Traffic Control Solution Providers

·         Original Equipment Manufacturers (OEMs) and Service Providers

·         Subcomponent Manufacturers and Suppliers

·         Maintenance, Repair, and Overhaul (MRO) Service Providers

·         Technology Support Providers

·         Logistical Partners and Transporters

·         Solutions & Software Providers

·         Airport Authorities and Airlines

Based on region, the air traffic control market has been segmented into North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW). The aircraft traffic control market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, owing to high investments made by aviation authorities to modernize airport infrastructure.

The report analyzes the air traffic control market based on airspace {Air Traffic Control System Command Center (ATCSCC), Air Route Traffic Control Center (ARTCC), Traffic Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), and Flight Service Station (FSS)}, application (communication, navigation, surveillance, and automation ), sector (commercial and defense), investment type (greenfield and brownfield), system (hardware systems and software solutions), and region (North America, Europe, Asia Pacific, the Middle East, and RoW).

The report provides an in-depth market intelligence regarding key market dynamics such as drivers, restraints, opportunities, and challenges that may influence the growth of the market. It also provides an analysis of micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall market.

The report also covers competitive developments such as long-term contracts, new product launches & developments, and research & development activities in the air traffic control market, in addition to business and corporate strategies adopted by key market players.

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https://www.marketsandmarkets.com/Market-Reports/air-traffic-control-equipment-market-159216929.html

Products offered by various companies in the air traffic control market have been listed in the report. The recent developments section of the report includes recent and key developments undertaken by various companies between 2014 and 2017. Major companies profiled in the report include Thales SA (France), Harris Corporation (US), Raytheon Company (US), Indra Sistemas, S.A. (Spain),  Lockheed Martin Corporation (US), and Frequentis AG (Austria). Contracts and agreement were key growth strategies adopted by leading players in the market. These strategies have enabled companies to strengthen their market share and expand their customer base.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Commercial Aircraft Market to Grow at 8.89% CAGR by 2026 | TechSci Research

Continuously evolving passenger demand for air travel to drive the Global Commercial Aircraft market through 2026.

According to TechSci Research report “Global Commercial Aircraft Market, By Aircraft Type (Narrow-Body Aircraft, Wide-body Aircraft, Regional Aircraft) By Engine Type (Turbofan, Turboprop), By Application (Passenger Aircraft, Freighter Aircraft), By End Use (Government, Private Sector) and By Region, Competition, Forecast & Opportunities, 2026”, Global Commercial Aircraft Market is estimated to reach around USD190 Billion by 2026 in terms of value. Growth in the Commercial Aircraft Market is driven by thriving tourism and travel Industry, and continuously evolving technology. The increase in income and improving living standards of the people as well as growing tourism organizations across the globe is booming the demand for tourism and travel industry.

The Global Aircraft market is majorly dominated by Asia Pacific and North American regions. These regions account for the highest number of sales globally, with their combined market share of over 50% in 2020 in the Global Commercial Aircraft market. These two regions are comparatively dominating based on their net orders and fleet of the commercial aircrafts across the globe. In North America Region, United States holds maximum market share and turbofan engines are dominating the market by fair margin.

Due to increasing business and cargo activities, it is expected that number of freighter aircrafts will increase during forecasted period and Asia Pacific will dominate in this segment over other four regions. The Boeing Company and Airbus Group together holds for over 90% of sales for commercial aircrafts globally. In Asia Pacific, China is leading, accounting for around 48% of Asia Pacific Commercial Aircraft market in 2020.

Browse more than 146 market data Figures and spread through 110 Pages and an in-depth TOC on “Global Commercial Aircraft Market."

https://www.techsciresearch.com/report/commercial-aircraft-market/7462.html

Global Commercial Aircraft market can be segmented based on by aircraft type, by engine type, by application, by end use and by region. In terms of aircraft type, the narrow-body segment accounts for the largest share and the trend is expected to continue in the forthcoming years as well. The increasing demand for passenger air travel will drive wide body aircraft sales globally. Growing tourism and airport infrastructure connecting remote regions is inducing the sales of regional aircrafts.

In terms of engine type, commercial aircrafts are distinguished based on turbofan engine and turboprop engine. Due to performance benefits of turbofan engines over turboprop engines for commercial purposes, turbofan engines market share is more than turboprop engines and the same is expected in forecast years as well.

In terms of application, commercial aircrafts are distinguished based on passenger and freighter aircrafts. Continuously evolving technology and increasing rate of replacements of existing fleet is driving the sales of passenger aircrafts, as a result passenger aircrafts market share is more as compared to freighter aircrafts. For the forecast years sales of freighter aircrafts are expected to increase due to the growth of pharmaceuticals and e-commerce.

Based on end use, commercial aircrafts are distinguished between government airlines and private airlines. Private airlines market share is more than that of government airlines market share and the trend is expected to remain same, owing to the fact of increasing acceptance of the concept of privatization by the governments globally. Region wise North America and South America is majorly dominated by private airlines and Middle East by the government airlines, while Europe and Asia Pacific regions have balanced share of both airlines.

On the basis of region, the market is segmented among Asia Pacific, North America, South America, Europe, Middle East, and Africa. Majority of commercial aircraft demands come from Asia Pacific and North America, hence making them the leaders of the mainstream market. Commercial aircrafts sales are briskly growing in Middle East regions, witnessing a better CAGR as compared to other regions and will help boost the market in the forecast period.

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Global Air Traffic have been predominantly affected due to COVID-19 pandemic, as a result there have a steep decline in net orders of commercial aircrafts globally for the given year. Nevertheless, the market is showing positive signs of recovery, because of which passenger air travel is expected to recover from the COVID-19 impact in around 3 years. Due to the fact of growing tourism, Asia Pacific region is expected to recover faster from the COVID-19 pandemic than the other regions. Narrow-body aircrafts is dominating the market and is expected to grow even further.

Some of the major players operating globally in Commercial Aircraft market are The Boeing Company, Airbus Group, Bombardier Inc., Embraer S.A. Apart from these companies, other companies like The Commercial Aircraft Corporation of China (COMAC), Avions de transport (ATR) Aircraft, United Aircraft Corporation (UCA), Mitsubishi Aircraft Corporation are also increasing their marketing activities and enriching product portfolio in the region to increase their customer outreach.

“In 2020, Asia Pacific accounted for the largest share i.e., around 30% in Global Commercial Aircraft market. The region is expected to maintain its dominance over the next five years as well, but North America is giving neck to neck competition. The United States is one of the leading commercial aircraft manufacturing country globally. Increase in passenger demand for air travel and logistics is boosting demand for commercial aircraft Globally.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Commercial Aircraft Market, By Aircraft Type (Narrow-Body Aircraft, Wide-body Aircraft , Regional Aircraft) , By Engine Type (Turbofan, Turboprop), By Application (Passenger Aircraft, Freighter Aircraft), By End Use ( Government, Private Sector) and By Region, Competition, Forecast & Opportunities, 2026” , has evaluated the future growth potential of Global Commercial Aircraft market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Commercial Aircraft market.

Browse Related Reports:

Global eVTOL Aircraft Market By Application (Commercial; Military & Cargo), By Propulsion (Electric Battery; Electric Hybrid & Electric Hydrogen), By Range (Up to 200 Km & 201-500 Km), By Region (North America, Europe, APAC, MEA & South America), Competition, Forecast & Opportunities, 2026

https://www.techsciresearch.com/report/evtol-aircraft-market

Global Aviation MRO Market By Industry (Passenger Aviation, Military Aviation, Cargo Aviation), By Component (Engine, Airframe, Line, Avionics, Modifications, Others), By Aircraft Type (Narrow Body, Wide Body, Regional Jet, Others), By End User (OEM, Aircraft Operator, Others), By Region, Competition, Forecast & Opportunities, 2025

https://www.techsciresearch.com/report/aviation-mro-market

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Global eVTOL Aircraft Market Forecast to 2030 – Demand for Enhanced Efficiency & Human Safety and Increasing Investment Activities

This post was originally published on this site

DUBLIN, April 1, 2019 /PRNewswire/ — The “eVTOL Aircraft Market by Lift Technology (Vectored Thrust, Multirotor, Lift Plus Cruise), MTOW (<250 KG, 250 – 500 KG, 500 – 1500 KG, >1500 KG), Application, Mode of Operation, Type of Propulsion, Range, and Region – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

The eVTOL aircraft market is estimated to be USD 162 million in 2025 and is projected to reach USD 411 million by 2030, at a CAGR of 20.42% during the forecast period.

The demand for enhanced efficiency & human safety and increasing investment activities are expected to drive the market. However, the limited reliability of eVTOLs during transportation and the inability to predict the external environment are expected to hinder the market.

The vectored thrust segment is expected to lead the market during the forecast period.

Based on lift technology, the vectored thrust segment is expected to lead the eVTOL aircraft market during the forecast period. The vectored thrust technology provides better efficiency and endurance to the eVTOL aircraft for intercity and intracity operations. The demand for eVTOL aircraft is increasing due to the growing number of their applications in the commercial sector for activities such as air taxi, passenger air travel, air ambulance, and cargo transportation. Presently, these aircraft are in the development phase but are expected to commercialize in the coming years. Passenger drones can be piloted manually or flown autonomously. These drones have the capability to vertically take off and land, making it easier for them to land in crowded locations in cities.

The optionally piloted segment is expected to grow at a higher CAGR than the piloted segment during the forecast period.

Based on mode of operation, the optionally piloted segment is expected to lead the eVTOL aircraft market during the forecast period. Autonomous eVTOLs are more versatile and can be efficiently used to transport passengers and cargo without any human intervention, thus increasing their demand. The growth of the optionally piloted segment can be attributed to significant investments to develop cost-effective solutions for passenger and cargo transportation for intracity and intercity commute.

Asia Pacific is the fastest-growing market for eVTOL aircraft.

Based on region, Asia Pacific is estimated to lead the eVTOL aircraft market in 2025 and is projected to grow at the highest rate during the forecast period. The market growth in this region can be attributed to the increasing investment activities and growth in spending by the region’s countries on transportation operations. Increasingly autonomous aircraft such as UAVs are manufactured in the Asia Pacific region by the biggest drone player DJI. This company has captured over 50% market share since the past 3 years.

EHang is another player working on a fully autonomous air vehicle that will be used for cargo and passenger transport. Many emerging startups in India, including VTOL Aviation India, Voyzon Aerospace, and Skylark Drones, have also been working on their concepts and prototypes for autonomous aircraft. Wing, a Google and Alphabet company, has already tested its autonomous delivery drone in Australia.

Some of the key players in the eVTOL aircraft market include Kitty Hawk (US), Lilium (Germany), EHang (China), Volocopter (Germany), and A3 by Airbus (US).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights 4.1 Attractive Opportunities in the eVTOL Aircraft Market From 2025 to 2030 4.2 eVTOL Aircraft Market, By Application 4.3 eVTOL Aircraft Market, By Type of Propulsion 4.4 eVTOL Aircraft Market, By Country

5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increasing Road Traffic Congestion in Urban Areas 5.2.1.2 Need for Quick Transportation 5.2.2 Restraints 5.2.2.1 Certification 5.2.3 Opportunities 5.2.3.1 Need for Mro and Charging Stations at Vertiports 5.2.3.2 Increasing Number of eVTOL Aircraft Pilots 5.2.4 Challenges 5.2.4.1 City Infrastructure 5.2.4.2 Social Acceptance By Consumers 5.2.4.3 Design Complexities

6 Industry Trends 6.1 Introduction 6.2 eVTOL Aircraft Trends in Future 6.2.1 Artificial Intelligence 6.2.2 Big Data Analytics 6.2.3 Internet of Things (IoT) 6.3 eVTOL Aircraft Currently Under Development Phase 6.4 Top Five Companies Offering High-Configuration eVTOL Aircraft 6.5 Emerging Technology Trends in the eVTOL Industry 6.5.1 Detect & Avoid 6.5.2 Increasingly Autonomous System 6.5.3 Distributed Electric Propulsion (DEP) 6.5.4 Advanced Air Traffic Management System for eVTOL Aircraft 6.5.5 Prevention & Recovery Systems for eVTOL Aircraft 6.5.6 Hydrogen Fuel Cell 6.5.7 Leading Edge Asynchronous Propeller Technology 6.5.8 Advanced Battery Power 6.6 Innovations and Patent Registrations, 2015-2018

7 eVTOL Aircraft Market, By Lift Technology 7.1 Introduction 7.2 Vectored Thrust 7.2.1 Designed to Support Long Distance Operations 7.3 Multirotor 7.3.1 Multirotor eVTOLs Will Be Used Mostly for Commercial Applications 7.4 Lift Plus Cruise 7.4.1 Lift Plus Cruise Design has Been Used By Leading eVTOL Manufacturers 7.5 Others (Electric Rotorcraft and Hoverbikes) 7.5.1 Electric Rotorcraft 7.5.1.1 Electric Rotorcraft is an Ultralight Helicopter 7.5.2 Hoverbikes 7.5.2.1 Hoverbikes Would Initially Be Used By Recreational and Homeland Security Sectors

8 eVTOL Aircraft Market, By Application 8.1 Introduction 8.2 Commercial 8.2.1 By Propulsion 8.2.1.1 Fully Electric eVTOLs Will Be Majorly Used for Commercial Transportation Operations 8.2.2 By Lift Technology 8.2.2.1 Driven By Requirement for Quick Intracity Transportation 8.2.3 By Mtow 8.2.3.1 Commercial eVTOL are Being Developed to Carry More Than 1500kg 8.3 Military 8.3.1 By Propulsion 8.3.1.1 in Military Sector Fully Electric and Hybrid eVTOL are Used for the Foremost Operations 8.3.2 By Lift Technology 8.3.2.1 Adoption of Vectored Thrust eVTOLs is Higher in Military Operations 8.3.3 By Mtow 8.3.3.1 eVTOL Carrying 0-250 Kgs are Mostly Used By Military Sector 8.4 Cargo 8.4.1 By Propulsion 8.4.1.1 Huge Investments By Venture Capitalists in Drone Logistics 8.4.2 By Lift Technology 8.4.2.1 Multirotor eVTOLs Will Be Majorly Used for Cargo Operations 8.4.3 By Mtow 8.4.3.1 The Rising Interest in eVTOL Aircraft for the Delivery of Packages

9 eVTOL Aircraft Market, By Type of Propulsion 9.1 Introduction 9.2 Fully Electric 9.2.1 Increasing Demand for Fully Electric Aircraft 9.3 Hybrid 9.3.1 Electric Hybrid Battery Supports Long Distance Travel 9.4 Electric Hydrogen 9.4.1 eVTOL Manufacturers are Developing Better Storage Facilities for the Hydrogen Batteries

10 eVTOL Aircraft Market, By Mtow 10.1 Introduction 10.2 <250 Kilograms 10.2.1 Small eVTOL Aircraft That are Majorly Used in Commercial Applications 10.3 250-500 Kilograms 10.3.1 Close-Range (CR) eVTOL Aircraft and Short-Range (SR) eVTOL Aircraft 10.4 500-1,500 Kilograms 10.4.1 eVTOL Aircraft are Used for Military and Commercial Applications 10.5 1,500 Kilograms and Above 10.5.1 Major eVTOL Manufacturers are Developing This Model

11 eVTOL Aircraft Market, By Mode of Operation 11.1 Introduction 11.2 Optionally Piloted 11.2.1 Increasing Investments By Manufacturers and Government Bodies in the Development of Optionally Piloted eVTOL Aircraft 11.3 Piloted 11.3.1 Dependancy on Pilots to Ensure Safety During Flight Operations

12 eVTOL Aircraft Market, By Range 12.1 Introduction 12.2 0-200 Km 12.2.1 Intracity Commute for Passengers Opting Urban Air Mobility Services 12.3 200-500 Km 12.3.1 eVTOL Will Mostly Be Used for Intercity Commute

13 eVTOL Aircraft Market, By Region

14 Competitive Landscape 14.1 Introduction 14.2 Startups Competitive Leadership Mapping 14.3 Ranking of Key Players, 2022 14.4 Competitive Scenario

15 Company Profile 15.1 Introduction 15.2 A By Airbus 15.3 Aurora Flight Sciences 15.4 Lilium 15.5 Embraer 15.6 Ehang 15.7 Volocopter 15.8 Workhorse 15.9 Pipistrel 15.10 Bell Helicopter 15.11 Neva Aerospace 15.12 Opener 15.13 Kitty Hawk 15.14 Joby Aviation 15.15 Karem Aircraft 15.16 Lift Aircraft

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The post Global eVTOL Aircraft Market Forecast to 2030 – Demand for Enhanced Efficiency & Human Safety and Increasing Investment Activities appeared first on The Chestnut Post.

from The Chestnut Post https://thechestnutpost.com/news/global-evtol-aircraft-market-forecast-to-2030-demand-for-enhanced-efficiency-amp-human-safety-and-increasing-investment-activities/

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Aerospace maintenance chemicals market growth by application aircraft forecast to 2023

Global Aerospace Maintenance Chemicals Market: Information by Grade (Food, Pharmaceutical, Cosmetic), Application (Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Agriculture/Animal Feed), and Region: Forecast till 2024. Aerospace maintenance chemicals are used to maintain the operational efficiency of aircraft. These chemicals are widely preferred in cleaning materials, paint removers, paint strippers, degreasers, and aircraft wash and polishes. The growth of the aerospace maintenance chemicals market is driven by the increasing stringency of safety and environmental regulations by government agencies such as the U.S. Federal Aviation Administration and the European Authority in Aviation Safety. The growing complexity of airframes, systems, and engines is resulting in the increased need for maintenance, repair, and overhaul (MRO) of aircraft, which includes routine inspection, engine maintenance, and composite repair, thereby, driving the growth of the global demand for aerospace maintenance chemicals market.

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Some of the key players in the global aerospace maintenance chemicals are 3M (U.S.), Royal Dutch Shell (Netherlands), Aerochemicals (France), Arrow Solutions (England), Aviation Chemical Solutions (U.S.), Callington Haven Pty Ltd. (Australia), Eastman Chemical Company (U.S.), Exxon Mobil Corporation (U.S.), Florida Chemical Supply, Inc. (U.S.), Hansair Logistics Inc. (U.S.), Henkel AG & Co., KGaA (Germany), Nexeo Solutions (U.S.), KLX  Inc. (U.S.), and Krayden, Inc.(U.S.).

The global aerospace maintenance chemicals market has been segmented by nature, product, application, aircraft, and region. On the basis of nature, the market has been segregated into organic and inorganic. Based on product, the market has been segmented into aircraft cleaning chemicals, aircraft leather cleaners, aviation paint removers, aviation paint strippers, specialty solvents, degreasers, aircraft wash and polishes, aluminum brighteners, and others.

North America accounted for the largest share of the aerospace maintenance chemicals market in 2017 due to the growing aerospace industry in the region. The U.S. is the largest consumer of aerospace maintenance chemicals as a result of increased production of aircraft in the region. According to the Aerospace Industries Association (AIA), the U.S. aerospace & defense industry exports grew by 26% over five years, to reach USD 143 billion in 2017. The flourishing tourism industry is further propelling market growth in this region. There has been considerable growth in the Latin American market with the growing aerospace industry in Brazil and Mexico. Brazil being one of the largest producers of commercial jets in the region is set to drive market growth during the forecast period. The market in the Middle East & Africa is likely to exhibit considerable growth during the review period with the growing aviation industry in the U.A.E., Oman, and Saudi Arabia. Browse the market data and information spread across 100 pages with 58 data tables and 15 figures of the report “Aerospace maintenance chemicals market segmentation by nature product and region Forecast to 2023” in-depth alongside table of content (TOC) at:  https://www.marketresearchfuture.com/reports/aerospace-maintenance-chemicals-market-6205

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Improved Passenger Experience With The Help Of Real-Time Information Is A Significant Growth Driver For The Smart Airports Market

The increasing demand has led to the implementation of smart applications on Greenfield projects and, as a part of modernization, upgrades on brownfield airport projects. During the forecast period, the implementation segment is estimated to have a larger share due to the rapid modernization of airports.

The global Smart Airports Market Size is projected to reach USD 6.4 billion by 2025 from USD 2.2 billion in 2019, registering a CAGR of 19.8% from 2019 to 2025. Improved passenger experience with the help of real-time information is a significant growth driver for the smart airports market. Optimization of airport operations and increased connectivity also drive this market.

Increasing demand for self-service check-ins and baggage drop units around the world has given rise to this segment. The implementation segment is estimated to have a larger share due to the rapid modernization of airports. With an increase in passenger footfall, airports need to upgrade their systems to facilitate smooth airport operations without delay. They must also adopt efficient measures that improve their operational efficiency as well as save costs.

The landside application segment of the smart airports market is expected to grow at the highest rate during the forecast period. The focus of airports to increase their ancillary revenues and the increasing demand from passengers for seamless and effortless travel are driving the growth of this segment. The growing installation of smart applications like intelligent advertising and smart car parking is expected to drive the landside segment’s growth. The airside segment currently has the largest market share due to the high adoption of smart applications in ground staff equipment management and installation of E-fence.

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Market sizing for each of the applications is done by applying percentage splits to each sub-applications. A matrix mapping was carried out for applications vs. airport types (2.0, 3.0, & 4.0). Through this matrix, the percentage for each sub-application across airport types was considered based on current use cases, industry trends, and developments by major players in this market space.

Regional Outlook

The US and Canada are the countries considered for the study of the smart airports market in North America. North America accounted for a share of 28.0% of the smart airports market in 2019, with the US leading the market in the region. The global need for optimizing operations at airports is fueling investments in the areas of smart applications. Implementation of IoT, AI, and big data in airport operations has the potential to bring greater visibility, besides optimizing the business process. Keeping in mind the current passenger growth rate as well as the increase in fleet size of airlines, airports are required to make data-driven decisions by leveraging new technologies, such as IoT, AI, and Blockchain.

Key Companies Outlook

The presence of major airports in the US has resulted in high investments in the field of smart airports in North America. This makes North America one of the prime regions for the implementation of smart applications at airports. The leading smart solution providers in North America include Cisco Systems, Inc. (US), IBM Corporation (US), Collins Aerospace (US), Honeywell International Inc. (US), and Sabre Corp. (US)..

Another major player in the smart airports market is SITA (Switzerland). The company addresses the challenges faced by the aviation industry. In particular, the company offers solutions for airlines, airports, and MROs. It provides inflight connectivity, cockpit data services, air traffic management solutions, aircraft communication and infrastructure solutions, as well as application development for both passengers and crew members. The company, which has smart solutions installed across the globe, is known to collaborate and work with major industry players to offer more suitable solutions/products. In February, SITA collaborated with Bolloré Logistics, Cathay Pacific, FLYdocs, HAECO Group, Ramco Systems, and Willis Lease Finance Corporation to launch the MRO blockchain alliance. The alliance will use blockchain to record and track two separate strands of information for each aircraft part: a digital thread and a digital passport.

Amadeus IT Group SA (Spain) is another major player in the smart airports market. It is a global provider of technology solutions and services for the transportation sector. The company also provides mission-critical IT solutions for travel providers. The company has developed an IoT platform that provides airlines the flexibility to work closely with their partners and make strategic data-driven decisions. In 2019, Amadeus acquired ICM Airport Technics, a passenger automation and self-service bag drop solutions provider. This development will help Amadeus expand its product portfolio for smart airports.

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