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Companies belonging to the aerospace and defense sector will be affected directly and indirectly by a number of disruptive opportunities and challenges that will jeopardize their corporate longevity over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:
- First off, advances in nanotech and material sciences will result in a range of new construction materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will allow for the creation of a range of new rockets, air, land, and sea vehicles that possess capabilities far superior to today’s commercial and combat transportation systems.
- The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft and combat vehicles. This shift will lead to significant fuel cost savings for short haul, commercial airlines and less vulnerable supply lines within active combat zones.
- Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.
- The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.
- The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications, especially drone air, land, and sea vehicles for commercial and military applications.
- The development of reusable rockets, the involvement of the private sector, and the increased investment/competition from emerging nations is finally making the commercialization of space more economical. This will spur increased investment and involvement by aerospace and defense companies for commercial and military purposes.
- As Asia and Africa rise in population and wealth, there will be a greater demand for aerospace and defense offerings, especially from established Western suppliers.
- 2020 to 2040 will see the continued growth of China, the rise of Africa, an unstable Russia, a more assertive Eastern Europe, and a fragmenting Middle East—international trends that will guarantee continued demand for aerospace and defense sector offerings.
These broad trends will have far-reaching effects on the aerospace and defense sector that will influence the sector’s long-term development.
To stay informed about these and other trends, as well as the emerging opportunities and threats facing the aerospace and defense sector, consider investing in Quantumrun Foresight sector forecast reports. Contact us today to learn more.
