Touched by the inevitable digital wave, the aviation industry harnesses the potential of modern technologies, including robotics, biometrics, the internet of things, and artificial intelligence. This shift is spurred by the growing competition, dynamic regulatory environment, fast-evolving customer expectations, and fuel price hikes in the aviation industry. In a forecast report, the aviation market is predicted to register a CAGR of over five percent from 2022 to 2027, with the commercial aircraft segment projected to witness the highest CAGR during the forecast period. The market is witnessing an increase in the adoption of artificial intelligence technologies, particularly in chatbots, which are becoming increasingly smarter and more sophisticated in handling and resolving customer queries.
Several manufacturers are further bolstering market growth by developing newer generation aircraft for various sectors within the aviation industry. With modern aircraft, commercial and general aviation customers are expected to benefit from increased fuel efficiency and safety, while military customers are expected to gain better situational awareness and tactical advantage.
This edition of Aerospace and Defense Review brings the spotlight on the key developments in the space and how aviation providers are leveraging the latest tech solutions and market expertise to cater to the evolving customer demands and industry changes. In this edition, we feature thought leadership articles from Jeff Moore, Sr. Director of line maintenance and technical services at Frontier Airlines, and Bruno Cervia, VP of R&D and Deputy CEO at Pilatus Aircraft Ltd. They speak about the improved use of data analytics in the predictive maintenance of aircraft and using modern technologies such as automation and 3D printing to ensure precision in the manufacturing process and accelerate production cycles.
The highlight of this publication is Alta Data Technologies, a leading supplier of MIL-STD-1553 and ARINC connectivity products, whose wide array of interface cards and real-time appliances has aided other aviation companies in offering smaller, higher-performance avionics systems at dramatically lower costs.
In this edition featuring top aviation solutions providers, we hope you find the appropriate company to facilitate your aviation needs.
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