Skip to main content

New Tech Spending to Fortify Aircraft Safety

The commercial aviation industry has been at the forefront of innovation, constantly pushing the creative boundaries of what's possible in aircraft design and manufacturing.

However, with this pursuit of advancement comes an unwavering responsibility for safety.

Recent events have cast a spotlight on the importance of rigorous adherence to aircraft assembly, testing, and maintenance procedures -- serving as a stark reminder of the critical role technology plays in ensuring the safety of passengers and crew alike.

Aerospace Digitalization Market Development

The dramatic images of a hole appearing in a Boeing aircraft operated by Alaskan Airlines sent shockwaves through the aviation industry, highlighting the potentially catastrophic consequences of even the slightest deviation from established quality-control protocols.

In the wake of this incident, aerospace manufacturers have been galvanized into action, recognizing the urgent need to embrace appropriate technologies that can enhance safety measures and fortify their production processes.

According to the latest worldwide market study by ABI Research, aerospace manufacturers are poised to invest $53.8 billion in digital technologies by 2034, a significant increase from the $30 billion spent in 2022.

This surge in new and proven technology investment reflects the industry's determination to leave no stone unturned in its quest to ensure the utmost safety and reliability of its aircraft.

Michael Larner, industrial and manufacturing research director at ABI Research, underscores the mounting requirements on aerospace giants like Boeing and Airbus, who face a growing aircraft production backlog amidst returning demand for commercial air travel.

"Aerospace firms are under pressure from airlines positive about the demand for air travel and are looking to refresh their aircraft roster. Both Boeing and Airbus have a growing order book but cannot take regulation shortcuts to fulfill them," Larner states.

To navigate this challenging landscape, aerospace manufacturers are turning to technology suppliers such as AEGIS Software, Dassault Systèmes, Hexagon, and Siemens for solutions that can optimize processes while maintaining strict compliance with regulations.

Larner emphasizes the importance of data-driven decision-making, stating, "Manufacturers will need to become more data-savvy by using data analytics for early warning signs of problems in the supply chain or with a part of the aircraft."

Traceability emerges as a critical issue, with Larner explaining, "It is not just individual components that need certification; individual tools used to perform tasks must be certified, too."

Suppliers focusing on asset tracking working with connectivity suppliers have opportunities to support aerospace manufacturers' efforts to ensure tools are not lost, which causes production delays.

Outlook for Aerospace Digital Technologies Growth

As the aviation industry looks to the future, it is clear that aerospace manufacturers will continue to invest heavily in digital threads across their operations and supply chains.

"And it's not just aircraft manufacturers that are finding it challenging to meet increased demand; it's the same for manufacturers in the defense industry (military aircraft, missiles, drones) and those involved in producing satellites," Larner adds.

That said, I believe the recent regulatory scrutiny and heightened public awareness have solidified the aerospace industry's commitment to prioritizing commercial aircraft safety above all else.

By embracing digital technologies and fostering a culture of data-driven decision-making, manufacturers are poised to navigate the challenges ahead, ensuring that air travel remains a safe and reliable mode of transportation -- now, and for generations to come.

Popular posts from this blog

Think Global, Pay Local: The eCommerce Paradox

The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...