IoT In Aviation Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027Price: 3200/- USD | Published Date: April 18, 2020 |
The global IoT in aviation market size was accounted for USD 590 million in 2018 and expected to register a significant CAGR of 20.2% during the forecast period 2020 to 2027. Increasing application of IoT in Aviation is one of the key factors to drive the market growth globally. In 2018, Huawei Technologies has launched a Smart Airport Solution 2.0 Consisting of IoT and visualized security, service and operational processes.
The market is segmented on the basis of component, application, end-user, and region. On the basis of the end-user, the airport segment is expected to lead the market during the forecast period. Many airport officials are moving to smarter airports to improve their passenger handling capacity. This has impacted demand for IoT technologies such as queuing solutions, luggage tracking, biometric security checks, and passenger management. By region, North America was accounted to hold the largest IoT in aviation market share in 2019.
The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.
According to Research Corridor, this study will provide in-depth analysis of segments on the basis of current trends, market dynamics and country level analysis of iot in aviation industry. This report provides market estimates and forecast for the period 2018-2027, along with respective CAGRs for each segment and regional distribution for the period 2020-2027. In depth analysis of competitive landscape, porter's five forces model, value chain analysis, and pricing strategies are also covered in the report scope.
Historical & Forecast Period
- 2018 - Historical Year for iot in aviation Market
- 2019 - Base Year for iot in aviation Market
- 2020-2027 - Forecast Period for iot in aviation Market
The iot in aviation market report offers a primary overview of the iot in aviation industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the iot in aviation industry.
IoT In Aviation Market Segmentation:
- IoT Hardware
- IoT Software
- Ground Operations
- Asset Management
- Passenger Experience
- Air Traffic Management
List of Key Companies:
- Microsoft Corporation
- Wind River
- Amadeus IT Group SA
- SAP SE
- Huawei Technologies Co., Ltd.
- Honeywell International Inc.
IoT In Aviation Market Report Scope
This report provides an investigative analysis of the iot in aviation market encapsulated in detailed sections such as
- Research Methodology
- Research Scope
- Executive Market Summary: Industry Snapshot
- Industry Outlook
- Critical Success Factors (CSFs) for the Market
- Market Dynamics
- Key Opportunities
- Market Porters Five Force Analysis
- Market Value Chain/Ecosystem Analysis
- Market Attractive Investment Proposition
- Market PESTEL Analysis
- Market Positioning of Key Vendors
- Market Segmentation Outlook
- Regional Outlook
- Company Profiles of Key Vendors
Geographically, the iot in aviation Market report comprises dedicated sections centering on the regional market revenue and trends. The iot in aviation market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific and Rest of the World (RoW). The RoW segment consists Latin America and the Middle East & Africa. The iot in aviation market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance and others. iot in aviation Market estimates have also been provided for the historical years 2017 & 2018 along with forecast for the period from 2018 - 2027.
- North America iot in aviation Market Revenue and Forecast
- Europe iot in aviation Market Revenue and Forecast
- Asia Pacific iot in aviation Market Revenue and Forecast
- Latin America iot in aviation Market Revenue and Forecast
- Middle East and Africa iot in aviation Market Revenue and Forecast
Key Questions Answered by IoT In Aviation Market Report
- Market size and forecast of the iot in aviation market for the period from 2018 to 2027
- Compounded annual growth rate (CAGR%) for individual segments in various regional markets through 2025
- Value chain analysis
- Market share analysis combined with competitive landscape of key players
- Profiles of key market players covering overall business operations, geographic presence, product portfolio, financial status and news coverage
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