IoT in Aviation Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027
The global IoT in the aviation market is experiencing significant growth and will grow significantly over the next few years. IoT devices have the ability to connect devices such as printers, traffic lights or jet engines over a network, making those devices smarter and more secure. IoT in the aviation sector has been used in a variety of applications over the past few years, but more recently, IoT has been applied in the aviation industry such as airports, airlines, MROs and manufacturers. IoT in the aviation sector is preferred by a variety of industries and applications due to its features including safety, maintenance, efficiency, security, customer experience and personalization. IoT innovations in the aviation industry have paved the way for improving safety and efficiency.
Key Market Players
Some of the major players in the IoT in aviation market include Microsoft Corporation (US), IBM (US), Huawei (China), Cisco (US), Wind River (US), Amadeus IT Group (Spain), SITAONAIR (Switzerland), Honeywell (US), Blip Systems (Denmark), Tata Sons (India), and Sendum Wireless Corporation (Canada). These players provide IoT solutions and platforms to various aviation companies.
IoT in Aviation Market Segmentation
By End Market:
- Airports
- Airlines
- MROs
- Manufacturers
By Application:
- Ground Operations
- Passenger Processing
- Baggage Tracking
- Airport Maintenance
- Security & Surveillance
- Ground Handling
- Location-based Navigation & Alerts
- Passenger Experience
- Personalized Customer Service
- In-flight Communication
- Connected Cabin
- Asset Management
- Fleet Management
- Crew Management
- Aircraft Maintenance
- Aircraft Manufacturing
- Air Traffic Management
By Component:
- IoT Devices
- Sensors & Actuators
- Processors
- Beacons
- Cameras
- Tags
- IoT Gateway & Networking Devices
- IoT Solutions
- Software & Applications
- IoT Platforms
- Services
- Managed
- Professional
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by IoT in Aviation Market Report
- What was the IoT in Aviation Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of IoT in Aviation Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the IoT in Aviation Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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