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Global Commercial Aerospace Industry to 2035 - COVID-19 Impact on World GDP Growth - ResearchAndMarkets.com

Business Wire - Thu Mar 4, 2021

The "Disruptive Technologies Transforming the Global Commercial Aerospace Industry Through 2035" report has been added to ResearchAndMarkets.com's offering.

The commercial aerospace industry, common to its rich technology history, will be the leading edge in emerging technologies that will continue to shift its trajectory.

This study is a deep dive into how the Fourth Industrial Revolution is shaping Aerospace 4.0 and transforming aerospace systems and the aftermarket landscape over the next decade.

The industry saw unprecedented years of growth toward the end of the last decade. This growth exposed weaknesses as the supply chain was pushed to the limits and operators scrambled to attract enough talent to sustain the labor force. The COVID-19 pandemic shook up the industry; as recovery is revealed, winners and losers will emerge and companies that have not addressed these dormant opportunities could perish.

Emerging technologies in aerospace covered in this study include:

  • High-tech batteries
  • Blockchain
  • Wearables
  • Big Data and predictive analytics
  • Tracking technologies
  • Advanced materials
  • High-tech coatings
  • Additive manufacturing
  • Robotics and cobots
  • Predictive maintenance
  • Smart hangars and smart factories
  • Artificial intelligence
  • Augmented, virtual, and mixed reality
  • Connectivity
  • Gamification
  • The Industrial Internet of Things
  • Holographic and screenless displays
  • Digital twins

Digitalization in aerospace has grown to a $1.5 billion business impacting every facet of the industry. OEMs, operators, suppliers, and third parties are attempting to capture a share of the convoluted array of products. The 2020s will be a decade of integration as a focus to a higher level of the business will be needed by all organizations. Gleaning best practices and embedding them into these digital systems will be the key to success.

Joint ventures, consolidations, and outright takeovers have been evident in the past few years as manufacturers embrace vertical integration in hopes of gaining back some control lost because of outsourcing.

Key Issues Addressed

  • Which technologies pertain to my business?
  • What top opportunities will require focus for business to grow?
  • What top trends will drive the commercial aerospace market in the 2020s?
  • What impact will these trends have on the market?
  • What is the impact of emerging technology market growth?
  • What opportunities are available for commercial aerospace vendors (aftermarket and OEMs) in the 2020s?

Key Topics Covered:

1. What You Need to Know First

  • Trends You Need to Know

2. COVID-19 Impact On World GDP Growth

  • COVID-19 Impact on Key Regions

3. The Strategic Imperative 8T

  • Why Is It Increasingly Difficult to Grow?
  • The Impact of the Top Three Strategic Imperatives on the Commercial Aerospace Industry

4. Growth Environment

  • Key Competitors for Commercial Aerospace
  • Commercial Aerospace Market Segmentation
  • Disruptive Technologies to Impact Aerospace by 2035
  • Technology Commercialization and Maturation Timeframe
  • Key Technologies through 2035
  • Technology Convergence

5. Growth Opportunity Universe

  • Growth Opportunity 1: High-Tech Batteries
  • Growth Opportunity 2: Blockchain
  • Growth Opportunity 3: Wearables
  • Growth Opportunity 4: Big Data and Predictive Analytics
  • Growth Opportunity 5: Tracking Technologies
  • Growth Opportunity 6: Advanced Materials
  • Growth Opportunity 7: High-Tech Coatings
  • Growth Opportunity 8: Additive Manufacturing
  • Growth Opportunity 9: Robotics/Cobots
  • Growth Opportunity 10: Predictive Maintenance
  • Growth Opportunity 11: Smart Hangar/Smart Factory
  • Growth Opportunity 12: Artificial Intelligence
  • Growth Opportunity 13: Augmented/Virtual Reality
  • Growth Opportunity 14: Connectivity
  • Growth Opportunity 15: Gamification
  • Growth Opportunity 16: Industrial IoT
  • Growth Opportunity 17: Holographic and Screenless Displays
  • Growth Opportunity 18: Digital Twin
  • Growth Opportunity 19: Digitalization and Outcome-based Solutions
  • Growth Opportunity 20: Research, Development, and Innovative Technologies
  • Growth Opportunity 21: Lease Return Opportunities

6. Conclusion

  • Aerospace, Defense, and Security (ADS) Research Areas/Capabilities

7. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/bktbj5

Provided Content: Content provided by Business Wire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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