Estimating the rate of technology adoption for cockpit weather information systems

摘要

This paper summarizes the results of a survey to estimate the market penetration rate of cockpit weather information systems in five aviation markets: transport, commuter, general aviation, business, and rotorcraft. It begins by describing the general features that survey respondents identified as necessary characteristics for the market success of cockpit weather systems. Next the paper analyzes the financial benefit of cockpit weather systems for each market segment. Decision reversal tables and Monte Carlo simulation are employed to examine the sensitivity of the financial results to changes in the cost and savings elements. Finally, estimates for adoption rates in the five aviation market segments are presented.