The aviation industry is witnessing a great transformation amidst increasing significance of environmental awareness and green power. Fueled by a huge surge in stock prices, the aviation industry is showing signs of great future with conglomerates planning billions of investment, rise of battery-fueled and electric jet planes and the emergence of commercial space travel. Advances in nanotechnology have further added a new dimension to aviation manufacturing industry with new ventures investing heavily in smart materials, which are lightweight yet strong enabling better aerodynamics and passenger safety at the same time. These technological advances, coupled with new policies curbing air travel prices, have opened new avenues for investment and expansion in the aviation industry.
Read our latest published reports on forecasts and market growth in aviation industry.
