TechSci Press Release

Global eVTOL aircraft market   is expected to grow at the CAGR of over 20% during the forecast period on account of surge in the demand for improving the operational efficiency and need for quick inter and intra city transportation. Rise in the traffic jams via roadways in cities due to congestion is intensifying the problem of increasing traffic congestion in urban areas. Electric vertical take-off and landing (eVTOL) aircraft can take off and land vertically. However, the certification process in which the VTOLs must comply with the regulation given by the aviation authorities such as FAA and EASA is acting as a challenge for the growth of the market. Global eVTOL aircraft market can be segmented based on application, propulsion, and range. In terms of propulsion, the market can be segmented into electric battery, electric hybrid, and electric hydrogen. Electric battery is expected to acquire the dominant share during the forecast period on account of growing demand for fully ele...

Global aircraft arresting system market  is anticipated to register significant growth during the forecast period owing to stringent government regulations relating to aircraft and runway safety and increasing investments for airports modernization and upgradation around the globe. Moreover, technological developments and introduction of advanced arresting gears are expected to further drive the market growth through 2027. Aircraft arresting systems are designed in a way to ensure that aircrafts are able to stop on the runway during the landing roll or after a high speed take off. Additionally, increasing air passenger traffic, rise in procurement of jet aircraft and increasing construction of temporary runways are creating high demand for aircraft arresting systems. However, high cost of development of aircraft arresting system to be deployed in an aircraft are likely to restrain the market growth. Moreover, limited capabilities of arresting gears might ha...

  Global aircraft seat actuation system market   stood at USD100.94 million in 2020 and it is expected to grow at a CAGR of around 7.01%, in value terms, over the next five years, on the back of growing passenger air travel, need for lightweight and durable seats equipped with advanced seat actuation systems, and the increasing rate of replacement of existing aircraft seats across the world. Furthermore, the market is projected to be valued at USD148.64 million in 2026. To make the flying experience finer, aircraft manufacturers are increasingly mounting up better quality cabin seats that are lighter in weight and are built of superior quality with state-of-the-art seat actuation systems. These advanced aircraft seat actuation systems increase the comfort level of the passengers traveling in the aircraft as well as reduces the overall weight of the aircraft without compromising on the safety standards. The reduced weight of the aircraft helps the aircraft to run economically f...