The global aviation industry is set for accelerated expansion. According to Airbus’s 2024 Global Market Forecast, the global number of commercial aircraft in operation is expected to nearly double by 2043, growing from 24,260 to 48,230 aircraft, driven by a sharp focus on operational efficiency, sustainability, and replacing older, less efficient aircraft.
Simultaneously, the digital twin market is booming. Valued at $10.25 billion in 2022, it is expected to surge to $269.1 billion by 2032. In aerospace and defense alone, the market could expand from $1.8 billion to $48.2 billion by 2032.2 Some forecasts from industry leaders predict an even faster rise. Regardless of the exact figures, one thing is certain: Digital twin adoption in aviation is accelerating at an extraordinary pace.
This whitepaper dives into the pressing challenges of aviation digitalization and highlights the clear potential of digital twins throughout the aircraft lifecycle. It examines the critical obstacles to their adoption while showcasing their business value and offering a comprehensive roadmap for successful implementation.