Friday, 30 August 2019
BIZ JET RISING
Light Jets, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.3 percent. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over $11 billion by the year 2025, Light Jets will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5.5 percent growth momentum.
Within Europe, which continues to remain an important element in the world economy, Germany will add over $561.7 million to the region's size and clout in the next 5 to 6 years. Over $1.5 billion worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Light Jets will reach a market size of $352.1 million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 10.1 percent over the next couple of years and adds approximately $4.5 billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include the following, among others:
- Bombardier, Inc. (Canada)
- Dassault Aviation SA (France)
- Embraer SA (Brazil)
- Gulfstream Aerospace Corporation (USA)
- Textron Aviation - Cessna (USA)
(Source: Research and Markets news release. Image from file)
UNMANNED
This will be the fourth-generation electrical take-off and landing aircraft (eVTOL) by the German Urban Air Mobility developer. The VoloCity has been designed to meet the safety standards specified by EASA (SC-VTOL category enhanced). With a calculated range of 18 nautical miles and airspeed of 60 knots, the VoloCity is designed to serve as an on-demand inner-city air taxi. Over 1,000 test flights on previous Volocopter generations and market research with several hundred potential customers have informed the design and technical specifications of the VoloCity.
The U.S. Department of Defense will roll out a "trusted capital" program this fall aimed at bolstering the domestic industrial base for small unmanned aircraft, said Ellen Lord, undersecretary of defense for acquisition and sustainment. One effort afoot is to strengthen the defense industrial base in areas including rare earths and small UAS, both areas where "China has flooded our market, to the point where we do not have a resilient and secure industrial base...," she said. Bell has announced the successful first autonomous flight of the Autonomous Pod Transport (APT) 70 at their testing site near Fort Worth. Bell plans to continue to test the vehicle under an experimental type certificate throughout the remainder of the year. APT 70 is part of the eVTOL family of vehicles Bell is developing and can reach speeds of more than 100mph and has a baseline payload capability of 70 lbs.
Bell’s APT systems allow for flexible mission capabilities while keeping operations simple, efficient and fast; they are capable of twice the speed and range of a conventional multirotor. The vehicle is designed for rapid deployment, quick reconfiguration, and nimble battery swap and recharge. All this -- and MORE in today's episode of Airborne-Unmanned!!!
The U.S. Department of Defense will roll out a "trusted capital" program this fall aimed at bolstering the domestic industrial base for small unmanned aircraft, said Ellen Lord, undersecretary of defense for acquisition and sustainment. One effort afoot is to strengthen the defense industrial base in areas including rare earths and small UAS, both areas where "China has flooded our market, to the point where we do not have a resilient and secure industrial base...," she said. Bell has announced the successful first autonomous flight of the Autonomous Pod Transport (APT) 70 at their testing site near Fort Worth. Bell plans to continue to test the vehicle under an experimental type certificate throughout the remainder of the year. APT 70 is part of the eVTOL family of vehicles Bell is developing and can reach speeds of more than 100mph and has a baseline payload capability of 70 lbs.
Bell’s APT systems allow for flexible mission capabilities while keeping operations simple, efficient and fast; they are capable of twice the speed and range of a conventional multirotor. The vehicle is designed for rapid deployment, quick reconfiguration, and nimble battery swap and recharge. All this -- and MORE in today's episode of Airborne-Unmanned!!!
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