Flight [New] If other sectors cut emissions as predicted, within 30 years, aviation could become the single biggest emitter of carbon dioxide. [New] International shipping and aviation are likely to be included in the UK's greenhouse gas plans to be net zero by 2050. [New] Increase in adoption of additive manufacturing is one of the prime reasons driving the vacuum heat treatment market growth during the next few years: Growth in the nuclear sector and increased investment in the aviation sector will lead to sizable demand in the market. The rapid growth of drones - the commercial market in the US alone is expected to triple in size in the next five years - is one of the biggest issues impacting the aviation industry. All nine Poseidon aircraft, which are based on the Boeing 737 Next-Generation airliner, are expected to be in the UK by the end of 2021. The market related to drone applications and services is growing rapidly and European drone service revenues are expected to reach EUR 250 million by 2025. Whether the winning technology is electric aircraft or hydrogen aircraft or both, more rapid progress to green flight will mean shorter runways, quieter aircraft, better air quality, and the real possibility of achieving net zero carbon ahead of 2045. Total UK aviation emissions will exceed the maximum level allowed for in the Committee on Climate Change modelling for net zero, which already anticipates aviation having the highest emissions of any sector by 2050. American Airlines will permanently discontinue many of its international routes - including flights from DFW International Airport to Munich - as it looks at depressed global flying levels through the summer of 2021. Aircraft Sensors Market was worth USD 1.68 billion in 2017 and is projected to reach USD 2.36 billion by 2023, registering a CAGR of 5.86% over the period 2018-2023. Aviation, one of Global Eagle's largest customer segments, is not expected to see a substantial recovery in passenger traffic until 2023, while major cruise lines have suspended operations through mid-September. The digital sector currently accounts for 4% of global CO2 emissions, i.e. more than the aviation sector, and is growing much faster than other sectors; around +8% per year is expected in the coming years, with an explosion of the Internet of Things and global traffic of 50% by 2022. The market related to drone applications and services is growing rapidly, and European drone service revenues are expected to reach EUR 250 million by 2025. Total final energy demand in aviation in 2050 is reduced by 8%, and total final demand for liquid jet fuel in that year declines by more than 50 Mtoe, or about 15% of 2019 consumption, compared with the Sustainable Development Scenario. UK airline EasyJet has teamed up with startup Wright Electric to develop a 186-seat electric aircraft with a 1.5 MW electric motor: Plans to conduct flight tests in 2023 and enter commercial service by 2030 have not been side-tracked by Covid-19. American Airlines is the first airline to seek the Global Biorisk Advisory Council's STARTM Accreditation for its aircraft and lounges, and American expects to receive full accreditation by the end of 2020 for all aircraft and lounges. As flying and the need to replace parts recover, we expect demand for used aircraft parts to grow steadily through 2022. The coronavirus crisis has hit the global aviation industry hard, with Africa carriers alone expected to lose $6 billion this year in revenue. Several large airlines have announced heavy job losses and reduced orders for new aircraft, indicating that they expect a long-lasting reduction in demand for flights. In the developed world similarly in aviation, the share of biofuels in jet fuel is expected to increase to 20% by 2040. Australia can expect delivery of its first Northrop Grumman MQ-4C Triton high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV) in 2023, and of the second and third aircraft by early 2025. The global Commercial Aircraft MRO market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.3% in the forecast period of 2020 to 2025 and will expect to reach USD 64610 million by 2025, from USD 56840 million in 2019. See full forecast Last updated: 10 August 2020 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
