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The commercial aerospace industry, common to its rich technology history, will be the leading edge in emerging technologies that will continue to shift its trajectory. This study is a deep dive into how the Fourth Industrial Revolution is shaping Aerospace 4.0 and transforming aerospace systems and the aftermarket landscape over the next decade.
The industry saw unprecedented years of growth toward the end of the last decade. This growth exposed weaknesses as the supply chain was pushed to the limits and operators scrambled to attract enough talent to sustain the labor force. The COVID-19 pandemic shook up the industry; as recovery is revealed, winners and losers will emerge and companies that have not addressed these dormant opportunities could perish.