General aviation

Actuators Market worth $94.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 29, 2024

By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.

Key Points: 
  • By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.
  • These actuators can be further classified into solenoid actuators and motor-driven actuators.
  • The Actuators market has been studied in North America, Europe, Asia Pacific, Middle East, and Rest of the World.
  • India is expected to show the highest growth rate in Asia Pacific Region for Actuators market.

Actuators Market worth $94.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 29, 2024

By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.

Key Points: 
  • By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.
  • These actuators can be further classified into solenoid actuators and motor-driven actuators.
  • The Actuators market has been studied in North America, Europe, Asia Pacific, Middle East, and Rest of the World.
  • India is expected to show the highest growth rate in Asia Pacific Region for Actuators market.

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 14, 2024

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 14, 2024

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.

Astronics Corporation Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Fourth Quarter 2023 Results (compared with the prior-year period, unless noted otherwise)

Key Points: 
  • Fourth Quarter 2023 Results (compared with the prior-year period, unless noted otherwise)
    Consolidated sales were up $37.1 million, or 23.5%.
  • Aerospace Fourth Quarter 2023 Results (compared with the prior-year period, unless noted otherwise)
    Aerospace segment sales increased $30.4 million, or 22.0%, to $168.7 million.
  • Operating profit in the fourth quarter of 2023 was impacted by $2.7 million in non-cash bonuses compared with no bonuses in the prior-year period.
  • During the teleconference, management will review the financial and operating results for the period and discuss Astronics’ corporate strategy and outlook.

7.26% CAGR to be Recorded in Aviation Battery between 2022 and 2027 - 17,000+ Technavio Research Reports

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- The aviation battery market size is expected to grow by USD 317.81 million from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 30, 2024 /PRNewswire/ -- The aviation battery market size is expected to grow by USD 317.81 million from 2022 to 2027, according to Technavio.
  • The global off-grid aviation battery market is expected to grow rapidly during the forecast period due to the increasing demand for air transport.
  • The train battery market is estimated to grow at a CAGR of 5.45% between 2022 and 2027.
  • The electric vehicle battery recycling market size is estimated to grow at a CAGR of 38.68% between 2022 and 2027 and the size is forecast to increase by USD 1,862.56 million.

Atlantic Aviation and Archer Aviation Align to Pursue Development of Electric Aircraft Infrastructure Across LA, Northern California, South Florida, and NYC Regions

Retrieved on: 
Wednesday, January 17, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240117077925/en/
    Representative Atlantic FBOs including development intended to serve future eVTOL operations via agreement with Archer.
  • Pictured above: LA (Graphic: Business Wire)
    Archer and Atlantic Aviation plan to electrify several of Atlantic Aviation’s existing aviation assets to support future electric aircraft operations, including Archer’s Midnight air taxi, at Atlantic Aviation locations across four key launch markets.
  • Together, Archer and Atlantic Aviation will be leaders in defining the infrastructure experience for the electric aircraft industry, offering premium experiences for customers.
  • Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time in between flights.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

Daedalean Chooses Recogni's Scorpio as Main Perception Processing Engine for New Flight Control Unit

Retrieved on: 
Tuesday, January 9, 2024

SAN JOSE, Calif., Jan. 9, 2024 /PRNewswire/ -- Recogni Inc. today announced that its inference solution for autonomous mobility, Scorpio, has been chosen by Daedalean, a developer of certifiable AI-enabled avionics systems, as the visual perception processing engine for a new flight control unit. The unit meets the needs of complex visual awareness systems and, more importantly, Federal Aviation Authority (FAA) requirements.

Key Points: 
  • today announced that its inference solution for autonomous mobility, Scorpio , has been chosen by Daedalean , a developer of certifiable AI-enabled avionics systems, as the visual perception processing engine for a new flight control unit.
  • To do this, flight control units must be capable of high-resolution detection, identification, and path planning without the need for liquid cooling.
  • In addition, FAA certification requires systems that are quantifiably traceable on every action taken by the control unit.
  • "Daedalean choosing Scorpio for their flight control unit validates our technology and the benefit that Recogni brings to the autonomous mobility market as a whole, along with automotive," said Marc Bolitho, CEO of Recogni.