Product Code: GVR-4-68039-323-5
Aviation IoT Market Growth & Trends:
The global aviation IoT market size is anticipated to reach USD 22.51 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 21.4% from 2021 to 2028. The aviation industry is tectonically shifting toward automated and intelligent systems in line with the continued advances in technology. At this juncture, IoT (internet of things) devices are emerging as crucial devices for the incumbents of the aviation industry to gather real-time data and derive actionable insights.
The aviation industry is continuously adopting a digital ecosystem and is subsequently set to generate large volumes of data. The development of a more recent version of the Internet Protocol (IP), Internet Protocol version 6 (IPv6), has already improved the data handling capability and the overall functionality. The introduction of low-power terrestrial networks in L-band to support 5G connectivity is expected to further enhance the data transfer capacity, thereby encouraging the deployment of IoT-compatible devices in the aviation industry.
IoT is expected to play a critical role in weather forecasting as well as monitoring various systems of the aircraft in real-time. Monitoring the weather using advanced sensors and analyzing the gathered weather data can help airlines in making crucial decisions in real-time and choosing alternative flight routes. Similarly, deploying IoT sensors and devices inside the aircraft can help in monitoring engine performance and subsequently reducing fuel consumption and improving the profit margins.
Aviation IoT Market Report Highlights:
- Enhancement of passenger experience and modernization of the existing airport infrastructure are expected to be the crucial factors responsible for the surging deployment of IoT-compatible solutions across the aerospace industry
- Development of an advanced Aircraft Health Monitoring System (AHMS) for monitoring aircraft operation helps predict maintenance and identify the failure of components in advance to reduce the risks and downtime of aircraft maintenance
- Key airline operators are utilizing cloud computing technology to store the large volumes of data generated from numerous sensors, thereby opening opportunities for intercontinental airline operators to analyze the data for deriving insights
- IoT-enabled aircraft cabins can potentially offer personalized entertainment content and some of the prime airline operators have already adopted such IFE modules to increase passenger loyalty and enhance ancillary revenues
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Purchased database
- 1.3.2 GVR's internal database
- 1.3.3 Secondary sources & third party perspective
- 1.3.4 Primary research
- 1.4 Information Analysis
- 1.4.1 Data analysis models
- 1.5 Market Formulation and Data Visualization
- 1.6 Data Validation and Publishing
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segmental Outlook
Chapter 3 Market Variables, Trends & Scope
- 3.1 Market Introduction
- 3.2 Industry Value Chain Analysis
- 3.3 Market Dynamics
- 3.3.1 Market driver analysis
- 3.3.2 Market restraint/challenge analysis
- 3.4 Penetration & Growth Prospect Mapping
- 3.5 Business Environment Analysis Tools
- 3.5.1 Porter's Five Forces Analysis
- 3.5.1.1 Supplier power
- 3.5.1.2 Buyer power
- 3.5.1.3 Substitute threat
- 3.5.1.4 Threat from new entrants
- 3.5.1.5 Competitive rivalry
- 3.5.2 PEST Analysis
- 3.6 Key Company Ranking Analysis, 2020
Chapter 4 Application Estimates and Trend Analysis
- 4.1 Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2028
- 4.2 Application Movement Analysis & Market Share, 2020 & 2028
- 4.3 Ground Operations
- 4.3.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)
- 4.4 Passenger Experience
- 4.4.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)
- 4.5 Aircraft Operations
- 4.5.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)
- 4.6 Asset Management
- 4.6.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)
Chapter 5 End-use Estimates and Trend Analysis
- 5.1 Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2028
- 5.2 End-use Movement Analysis & Market Share, 2020 & 2028
- 5.3 Airport
- 5.3.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)
- 5.4 Airline Operators
- 5.4.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)
- 5.5 MRO
- 5.5.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)
- 5.6 Aircraft OEM
- 5.6.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)
Chapter 6 Regional Estimates & Trend Analysis
- 6.1 Market Size Estimates & Forecasts, and Trend Analysis, 2016 - 2028
- 6.2 Regional Movement Analysis & Market Share, 2020 & 2028
- 6.3 North America
- 6.3.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.3.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.3.3 U.S.
- 6.3.3.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.3.3.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.3.4 Canada
- 6.3.4.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.3.4.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.4 Europe
- 6.4.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.4.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.4.3 U.K.
- 6.4.3.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.4.3.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.4.4 Germany
- 6.4.4.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.4.4.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.5 Asia Pacific
- 6.5.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.5.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.5.3 China
- 6.5.3.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.5.3.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.5.4 Japan
- 6.5.4.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.5.4.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.6 Latin America
- 6.6.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.6.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
- 6.7 Middle East & Africa (MEA)
- 6.7.1 Market size estimates and forecasts by application, 2016 - 2028 (USD Million)
- 6.7.2 Market size estimates and forecasts by end use, 2016 - 2028 (USD Million)
Chapter 7 Competitive Landscape
- 7.1 Company Profiles
- 7.1.1 Aeris
- 7.1.1.1 Company overview
- 7.1.1.2 Product benchmarking
- 7.1.1.3 Recent developments
- 7.1.2 Cisco Systems, Inc.
- 7.1.2.1 Company overview
- 7.1.2.2 Financial performance
- 7.1.2.3 Product benchmarking
- 7.1.2.4 Recent developments
- 7.1.3 Honeywell International, Inc.
- 7.1.3.1 Company overview
- 7.1.3.2 Financial performance
- 7.1.3.3 Product benchmarking
- 7.1.3.4 Recent developments
- 7.1.4 Huawei Technologies Co., Ltd.
- 7.1.4.1 Company overview
- 7.1.4.2 Financial performance
- 7.1.4.3 Product benchmarking
- 7.1.4.4 Recent developments
- 7.1.5 IBM Corporation
- 7.1.5.1 Company overview
- 7.1.5.2 Financial performance
- 7.1.5.3 Product benchmarking
- 7.1.5.4 Recent developments
- 7.1.6 Microsoft
- 7.1.6.1 Company overview
- 7.1.6.2 Financial performance
- 7.1.6.3 Product benchmarking
- 7.1.6.4 Recent developments
- 7.1.7 SITAONAIR
- 7.1.7.1 Company overview
- 7.1.7.2 Financial performance
- 7.1.7.3 Product benchmarking
- 7.1.7.4 Recent developments
- 7.1.8 Tata Communications
- 7.1.8.1 Company overview
- 7.1.8.2 Financial performance
- 7.1.8.3 Product benchmarking
- 7.1.8.4 Recent developments
- 7.1.9 Tech Mahindra
- 7.1.9.1 Company overview
- 7.1.9.2 Financial performance
- 7.1.9.3 Product benchmarking
- 7.1.9.4 Recent developments
- 7.1.10 Wind River Systems, Inc.
- 7.1.10.1 Company overview
- 7.1.10.2 Financial performance
- 7.1.10.3 Product benchmarking
- 7.1.10.4 Recent developments
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