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Showing posts with the label Collins Aerospace
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The global market for Aircraft Cabin Interiors is projected to reach US$36.6 billion by 2025, driven by shifting interior design perspectives which are changing from the traditional focus on functional optimization towards quality of passenger experience. The quality of the travelling environment is today of significant importance for airline companies against a backdrop of growing competition and increased commoditization of air travel services. One of the ways to de-commoditize air travel is to create new value.  With people around the globe today increasingly investing in memories that come with vacations and family travels rather than spending on material things, the flying experience, especially in-flight experience is gathering importance. Comfortable interiors are therefore emerging into a powerful service differentiator. The psychological impact of comfort is helping bring aircraft interiors into focus on par with mechanical engineering designs. Few of the ways in whic...
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World market for Global Navigation Satellite System (GNSS) is projected to reach US$237.9 billion by 2025, driven by the growing focus on Positioning, Navigation, & Timing (PNT) tools in commercial, industrial, government and military applications.   The technology’s potential to offer benefits such as improved safety in transportation with full navigational visibility and end-to-end asset tracking, faster response in emergency situations, and superior efficiency in environmental quality monitoring, will continue to bolster growth in the market. Continuous technology advancements are leading to the launch of superior and highly effective GNSS devices, while technology maturity is resulting in the availability of lower priced GNSS/GPS receiver sets. Other major drivers include roll out of GPS III block satellites and increased commercial use of GPS and GNSS systems; full-fledged deployment of novel GNSS platforms including China’s Beidou/BDS; and growing convergence with sm...