A major focus in the global aerospace market is the ongoing business model transformation of aircraft OEMs. Taking advantage of the Industrial Internet of Things (IIoT) and data platform technologies, aircraft OEMs are moving away from selling airframes, systems, and components, and towards delivering maintenance, repair and overhaul (MRO) services as well as digital solutions.
Frost & Sullivan’s Aerospace Research Program
Our team of analysts combine their global network of relationships with key industry players and their deep understanding of industry best practices, gaps, and areas for improvement to help clients not only identify emerging growth opportunities but also leverage them.
The aerospace industry is witnessing transformational changes, driven by an unprecedented growth in aircraft production rates. Aircraft integrators put pressure on OEMs and challenge their business models, by investing in their own production capabilities, across avionics, cabin interiors and actuation systems. At the same time new competitors from emerging markets and adjacent industries are looking to take advantage of OE growth opportunities and an attractive aerospace aftermarket.
In this environment, new technologies and innovative products are also having a significant impact on the supply chain. Integrated data platforms are using advanced analytics to make sense of aircraft operational data. Artificial Intelligence is also used in predicting operational performance and component failures, reducing disruptions and improving reliability.
Frost & Sullivan’s Aerospace Research Team helps clients understand the challenges and opportunities created by such widespread transformation. Our team delivers knowledge-based, results-driven services and solutions to clients. Our comprehensive and actionable insights help clients to develop and deliver effective long-term strategies.
We continuously monitor overall dynamics and drivers, challenges and restraints, forecasts and trends, key segments/technologies, competitor profiles and market shares. Our robust qualitative and quantitative research framework is designed to help clients achieve both tactical and strategic imperatives essential for organizational growth. We work with aircraft integrators, supply chain OEMs, aftermarket suppliers, IT companies, financial institutions, and technology start-ups, offering them in-depth assessments focused on growth opportunities emerging from disruption, transformation, and innovation in the aerospace industry’s ecosystem. Our critical information enables strategic clarity in decision making, competitive positioning, and growth acceleration. Customized consulting projects and strategy workshops enable clients to gain insights into emerging events with strategic relevance/implications for the future direction and development of their respective segments. Our projects leverage our global reach, industry experience, and rigorous research methodologies to support clients across the growth continuum from ideation to implementation. Frost & Sullivan’s Aerospace Research Program can support your organization in each of the following areas:
- Development, feasibility analysis, and implementation of new aerospace aftermarket solutions
- Benchmarking, development, and adoption of new business models
- Competitor benchmarking across OEM and aftermarket segments, assessing industry best practices and strategic plans of incumbents
- Development of go-to-market strategies through product, pricing, and competitive analysis
- Support in designing and delivering strategies to penetrate emerging markets
- Assessment of the impact and revenue opportunities from new aerospace market segments, such as digital data platforms, civil UAVs, UTM and electric VTOL aircraft
Our team has successfully run several workshops, including working with:
- A major aircraft integrator to help restructure its business units and create a more flexible, agile organization
- A US-based tier 2 component supplier to help it establish a presence in European aerospace markets
- A European Tier 3 OEM, looking to identify opportunities to expand its portfolio of aerospace products
Frost & Sullivan’s expertise in aerospace research and consulting includes
work in the following strategic and operational areas:
The market is impacted by aircraft OEMs ramping up production and by the rapid growth of emerging avionics markets such as China, India, and Russia. Our research covers the commercial avionics market for communication, navigation, surveillance, and integrated systems.
The aircraft cabin interiors market is driven by production growth and innovative cabin designs, with an emphasis on improving passenger experience and functionality. Our research tracks commercial aircraft cabin products, such as seats, galleys, lavatories, and other components.
Electrical Power Systems
The ongoing electrification of commercial aircraft is part of the “More Electric Aircraft” concept. Our research covers markets for electrical power generation, conversion, distribution, and storage.
In-Flight Entertainment and Connectivity (IFEC)
The market is currently split between in-seat systems and wireless content delivery on passenger portable devices. Our research monitors commercial IFEC systems, covering hardware, software and content markets, as well as satellite connectivity systems.
Air Traffic Management (ATM)
The market is being disrupted by remote towers and the digitalisation of operations. Future opportunities include the integration of drones into national air space, as well as the emergence of urban air mobility in the form of electric vertical take-off and landing (VTOL) aircraft. Our research includes ATM segments such as communication, navigation, and surveillance.
Maintenance, Repair and Overhaul (MRO)
An important trend that we track is the emergence of MRO 4.0, defined by the digital transformation of technical operations, smart workshops, and the evolution of predictive maintenance tools. Furthermore, witnessing the growing importance of OEMs in the aftermarket and the large order books of airline customers in emerging markets, global players are increasingly looking to establish a local footprint through collaborations, joint ventures, and mergers and acquisitions. Our research covers aircraft line, light, and heavy maintenance markets, as well as component repair and overhaul, modifications, and engine maintenance.
Digital technologies are creating disruptive growth opportunities for the aerospace industry. Our research team captures the evolving digital strategies of aerospace OEMs, from Industrial IoT (IIoT), Big Data platforms, and predictive operations, to flight operation optimization tools and visualization products.
IT solutions are critical to improving infrastructural and operational efficiencies, and streamlining service provision. Aerospace IT solutions—from traditional Enterprise Resource Planning (ERP) solutions, Product Lifecycle Management (PLM) software, and in-service support tools, to 3D simulation for product, supply chain and factory management—are now targeting aerospace suppliers.
New Market Segments
New market segments will have a tremendous impact on all aerospace suppliers in the next 20 years. Our research team identifies and monitors some of these key segments, including unmanned air vehicles (UAVs), electric vertical take-off and landing vehicles (VTOL), and supersonic aircraft.
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