Commercial aviation is a dynamic industry, always changing and adapting to market forces—and the market for commercial aviation is steadily growing. Year-over-year traffic growth averaged 6.5 percent during the past five years, according to Boeing’s Commercial Market Outlook. The IATA (International Air Transport Association) estimates that, in less than 20 years, the number of aircraft passengers will double, and Boeing predicts that there will be 7.3 billion people flying by the end of 2034. The key drivers behind this steadily rising demand are economic growth and income growth, which, in turn, led to rising levels of consumer spending on travel and tourism.
What is the most extreme environment in which electronic components can operate?
According to Electronic Component News’ Paul Pickering, it’s the planet Venus, where temperatures reach 500°C and the atmosphere contains clouds of sulfuric acid.
Although their numbers are growing, electric cars account for only the smallest fraction of vehicles on the road.
But that’s about to change, Connector Supplier reported recently, as several influential countries begin to take steps to reduce carbon emissions.
Let’s take a look at the relationship between electric vehicles and connectors – as demand for the former increases, so too will the need for the latter.