Aerospace Industry is undergoing transition to Climate-conscious technologies to reduce Carbon Emissions. Aerospace is a branch of engineering that deals with the design, development and maintenance of Aircraft and related technologies
In Recent Years, Advancements in Technology have made Aerospace more efficient, safe and accessible than earlier and several industry stakeholders are witnessing significant changes in the market relating to Air Transportation Systems, Urban Air Mobility, UAV Propulsions and Enhancements, Unmanned Military Systems, Hypersonic and Supersonic Flight, 3D Printing, Next-Generation Aircraft etc. Adoption of AI and ML and 5G and with the objective of reducing the carbon footprint is also expected to enhance with the technologies associated with the Next Generation Aircraft and drones
Advanced Air Mobility and Autonomous Aircraft is gaining momentum and companies are developing Electric Vertical Takeoff and Drones are expected to play an increasing role in the logistics, security and Defense Sectors.