"Smart Market Solutions to Help Your Business Gain Edge over Competitors"

IOT in Aviation Market Size, Share & Industry Analysis, By Component (Communication Service, Data Centre Systems, IT Services & Software), By Application (Ground Operations, Asset Management, Passenger Experience, Air Traffic Management), By End User (Airline, Airport, MROs, Manufacturers) Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102103 | Status : Ongoing

 

KEY MARKET INSIGHTS

Internet of Things (IoT) termed as a combination of operation technology and information technology. The technology used to reduce human efforts. These are connected through a virtual intelligence to send, control, and receive data without human interference. IoT system is a combination of sensors, physical gadgets that are associated with the internet for powerful correspondence of information. The IOT in aviation market leverages these IoT solutions and services, presenting new opportunities for the digital transformation of airline processes.


Up Arrow

Key Market Driver -

Advancements in Wireless Network Technologies

Down Arrow

Key Market Restraint -

Concerns Related to Data Privacy and Cybersecurity


The factors expected to drive the market are increasing demand for in-flight wireless network technology to access the internet service. Moreover, the optimization of the business process and improve passenger service anticipated to boost the market. Automated aircraft monitoring & reporting, reduction in operational expenses are the upcoming opportunities for the market. However, concerns related to data privacy and cybersecurity are factors affecting market growth.

Market Segmentation:


By component, the market segmented into communication service, data centre systems, and IT service &software. Based on the application, the IoT in aviation market is segmented into ground operations, asset management, passenger experience, and air traffic management. Based on end-user, the market categorised into the airline, airport, MROs, and manufacturers.

From a geographical standpoint, the market categorized into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players Covered In IOT in Aviation Market :


The major companies in the global industry report includes-


  • Huawei Technologies Co., LTD.

  • Cisco Systems, Inc.

  • SITAONAIR

  • Honeywell International Inc.

  • Microsoft Corporation

  • Aeris

  • IBM Corporation

  • Sendum Wireless Corporation

  • Happiest Minds Technologies

  • Amadeus IT Group SA

  • Sendum Wireless Corporation

  • Arrow Electronics, Inc.


Key Insights



  • New Advancements in IoT in Aviation

  • IoT Specification

  • IoT in smart airport


Regional Analysis:


North America expected to be the largest IOT in aviation market during the forecast period. The global necessity for ground operations at airports is refueling market growth. It improves the efficiency of ground operations and makes it more reliable in airport operations. Additionally, the presence of key companies such as Cisco Systems, Inc. (US), IBM Corporation (US), and Honeywell Aerospace (US) and Microsoft Corporation (US) in the US projected to boost the market.

To gain extensive insights into the market, Request for Customization


Increasing demand for the smart airport in countries including China, India, and other countries, is projected to help the market growth in Asia pacific. However, growing deployment of IoT enabled infrastructure in the aviation industry, rise in demand for technologically advanced connected electronic flight bags, and in-flight Wi-Fi connectivity for mobile devices estimated to grow the market. Europe shows a considerable market share during the forecast period due to significant investment in smart airport concepts. Latin America and Middle East & Africa projected to exhibit a comparatively higher CAGR by the end of the forecast period.

Segmentation


























 ATTRIBUTE

  DETAILS

By Component

  • Communication Service

  • Data Centre Systems

  • IT Services & Software

By Application

  • Ground Operations

  • Asset Management

  • Passenger Experience

  • Air Traffic Management

By End User

  • Airline

  • Airport

  • MROs

  • Manufacturers

By Geography

  • North America (The U.S., Canada)

  • Europe (The UK, Germany, France, and Rest of Europe)

  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)

  • Rest of the World (Latin America, Middle East & Africa)

IoT in Aviation Industry Developments



  • In December 2019, the U.S Air Force and US based iCAMR awarded a contract with a valuation of USD 7.6 million for IoT based block chain solutions for IoT devices installed in the military aircraft.

  • In December 2019, the U.S Air Force and US based Xage Security signed a IoT based contract for block chain cybersecurity. It ensures the security of IoT and other devices installed in the military aircraft.





Key Questions Answer REQUEST SAMPLE
Why to Choose Fortune Business Insights SPEAK TO ANALYST
IOT IN AVIATION Market Report
  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Aerospace & Defense Clients
Toyota
Topcon
Itic
Mitsubishi
Kojler
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X