In the upcoming years, the aviation sector is expected to undergo a considerable instability. The industry is at a turning point due to the emergence of new technologies, shifting customer preferences, and increasing demand to lower carbon emissions. The following are some major trends that will affect aviation in the future:
Electric and hybrid aircraft: As the aviation industry seeks to lessen its carbon footprint, electric and hybrid aircraft are expected to become increasingly common. Electric and hybrid planes are becoming increasingly viable as a result of developments in battery and electric motor technology. Smaller versions of these aircraft will probably be utilized for short-haul flights at first, but as technology develops, larger electric and hybrid aircraft might become more practical.
Aviation already has a large amount of automation, and this trend is only expected to grow in the future. Autonomous ground vehicles, self-flying aircraft, and automated air traffic control systems are all possible future developments. This will increase efficiency of air travel while lowering human error and improving safety.
Sustainable aviation fuels: There is growing demand on the aviation industry to cut carbon emissions, and SAFs are likely to be a major factor in this. SAFs can cut carbon emissions by up to 80% and are made from waste or renewable sources. SAFs are already being tested by the industry, but they are still very pricey and their scalability is an issue.
New business models: There will probably be new business models in the aviation industry as a result of the development of new technology and shifting consumer preferences. For instance, urban air mobility (UAM) with electric vertical take-off and landing (eVTOL) aircraft transporting passengers between cities and inside urban regions is anticipated to become more common. Subscription-based air travel and pay-per-use airline services are examples of other emerging business models.
Changes to regulations: As the aviation industry develops, regulations will need to alter as well. Regarding automation, SAFs, electric and hybrid aircraft, as well as other cutting-edge technologies, new restrictions may be implemented. Safety considerations will need to be balanced with the desire to cut carbon emissions and support innovation under these laws.