ABSTRACT
This chapter explores emerging innovations in the aerospace industry. It provides detailed descriptions, examples, and charts about new developments, emerging technologies, leading solution providers, and the revenue impact of innovations through 2035 in the aerospace industry. Eight major innovation areas such as lightweight materials, fuel efficiency, low noise & emission, advanced manufacturing process, hybrid airships, safety and security, aircraft health monitoring systems, and cleanliness are discussed in terms of revenue growth, technology maturity, market opportunity, and the Three Horizon framework. Anyone who takes commercial flights on even an irregular basis can clearly see that advancements in in-flight entertainment, safety features, health monitoring, and cleaning are creating new opportunities. The content of this section can be used for technology/opportunity scouting and strategic planning based on your organization’s objectives and risk tolerance.
