The global aviation blockchain market is expected to grow from USD 420 million in 2019 to USD 2129.79 million by 2027, at a CAGR of 22.5% during the forecast period 2020-2027.
Blockchain is a technology that decentralizes data and reduces the risks related to data held centrally. It is a digital ledger that can record every time any part is removed or installed in an aircraft. It also can see how much is taken in the replacement and repair, along with the identity and location of personnel conducting the repair.
The rapid increase in the demand for air travel due to a rise in the number of passengers is expected to drive market growth. The benefits of blockchain such as reduced unplanned and downtime maintenance costs, increase in the plane value, improvement in productivity of the worker, enhanced transparency, and better customer experience are expected to boost market growth. The existence of a very complex and large supply chain in the defence sector will increase the demand for aviation blockchain to ensure a well-connected and transparent supply chain.
This study delivers a comprehensive analysis of the end market, application, deployment, function, and regions. On the basis of end-market, the product can be segmented into airlines, airports, MRO, lessors, and manufacturers. The airlines are expected to dominate the market and show a high growth rate during the forecast period. For reducing the turnaround time of the aircraft and increasing frequency of trips, blockchain reduces the time and costs required for unplanned maintenance, thereby fuelling the market growth. The airports segment dominates the market due to strong facilitation of tracking location of cargo and passenger bags. On the basis of application, the market can be divided into supply chain management, smart contracts, cargo & baggage tracking, and aircraft maintenance. The supply chain management segment is expected to grow at the highest rate during the forecast period. The ability of blockchain technology to provide the efficient support and visibility of entire lifecycle helps in effective management of the supply chain. On the basis of deployment, the market can be divided into private, public, and hybrid. On the basis of function, the market can be divided into transactions and record-keeping.
The market for command and control systems has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America is expected to dominate the market and show the highest growth rate during the forecast period. The rising technological advancements in the aerospace sector is expected to drive the market growth. The Asia-Pacific region is also expected to show a high growth rate due to the rising demands for aeroplanes and increasing expenditure in the defence sector.
Some of the leading players of the globe include IBM, Accenture PLC, Microsoft Corporation, Insolar Technologies, Zamna Technologies, Loyyal Corporation, Winding Tree, Aeron Labs, Filament, LeewayHertz Technologies, Infosys, and Moog Inc. The companies are focusing on collaborations, joint ventures, mergers and acquisitions for technological progress and completion of a large number of missions.
Global Aviation Blockchain Market Analysis And Forecast, By End Market
Global Aviation Blockchain Market Analysis And Forecast, By Application
Global Aviation Blockchain Market Analysis And Forecast, By Deployment
Global Aviation Blockchain Market Analysis And Forecast, By Function:
Global Aviation Blockchain Market Analysis And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By End Market
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Deployment
4.3.4. Market Attractiveness Analysis By Function
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Aviation Blockchain Market Analysis and Forecast, By End Market
6.1. Segment Overview
6.2. Airlines
6.3. Airports
6.4. MRO
6.5. Lessors
6.6. Manufacturers
7. Global Aviation Blockchain Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Supply Chain Management
7.3. Smart Contracts
7.4. Cargo & Baggage Tracking
7.5. Aircraft Maintenance
8. Global Aviation Blockchain Market Analysis and Forecast, By Deployment
8.1. Segment Overview
8.2. Private
8.3. Public
8.4. Hybrid
9. Global Aviation Blockchain Market Analysis and Forecast, By Function
9.1. Segment Overview
9.2. Transactions
9.3. Record-keeping
10. Global Aviation Blockchain Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Aviation Blockchain Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Aviation Blockchain Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. IBM
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Accenture PLC
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Microsoft Corporation
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Insolar Technologies
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Zamna Technologies
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Loyyal Corporation
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Winding Tree
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Aeron Labs
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Filament
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. LeewayHertz Technologies
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. Infosys
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
List of Table
1. Global Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
2. Global Airlines, Aviation Blockchain Market, By Region, 2017–2027(USD Million)
3. Global Airports, Aviation Blockchain Market, By Region, 2017–2027(USD Million)
4. Global MRO, Aviation Blockchain Market, By Region, 2017–2027(USD Million)
5. Global Lessors, Aviation Blockchain Market, By Region, 2017–2027(USD Million)
6. Global Manufacturers, Aviation Blockchain Market, By Region, 2017–2027(USD Million)
7. Global Aviation Blockchain Market, By Application, 2017–2027(USD Million)
8. Global Supply Chain Management Aviation Blockchain Market, By Region, 2017–2027(USD Million)
9. Global Smart Contracts Aviation Blockchain Market, By Region, 2017–2027(USD Million)
10. Global Cargo & Baggage Tracking Aviation Blockchain Market, By Region, 2017–2027(USD Million)
11. Global Aircraft Maintenance Aviation Blockchain Market, By Region, 2017–2027(USD Million)
12. Global Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
13. Global Private Aviation Blockchain Market, By Region, 2017–2027(USD Million)
14. Global Public Aviation Blockchain Market, By Region, 2017–2027(USD Million)
15. Global Hybrid Aviation Blockchain Market, By Region, 2017–2027(USD Million)
16. Global Aviation Blockchain Market, By Function, 2017–2027(USD Million)
17. Global Transactions Aviation Blockchain Market, By Region, 2017–2027(USD Million)
18. Global Record-keeping Aviation Blockchain Market, By Region, 2017–2027(USD Million)
19. Global Aviation Blockchain Market, By Region, 2017–2027(USD Million)
20. Global Aviation Blockchain Market, By North America, 2017–2027(USD Million)
21. North America Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
22. North America Aviation Blockchain Market, By Application, 2017–2027(USD Million)
23. North America Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
24. North America Aviation Blockchain Market, By Function, 2017–2027(USD Million)
25. U.S. Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
26. U.S. Aviation Blockchain Market, By Application, 2017–2027(USD Million)
27. U.S. Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
28. U.S. Aviation Blockchain Market, By Function, 2017–2027(USD Million)
29. Canada Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
30. Canada Aviation Blockchain Market, By Application, 2017–2027(USD Million)
31. Canada Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
32. Canada Aviation Blockchain Market, By Function, 2017–2027(USD Million)
33. Mexico Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
34. Mexico Aviation Blockchain Market, By Application, 2017–2027(USD Million)
35. Mexico Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
36. Mexico Aviation Blockchain Market, By Function, 2017–2027(USD Million)
37. Europe Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
38. Europe Aviation Blockchain Market, By Application, 2017–2027(USD Million)
39. Europe Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
40. Europe Aviation Blockchain Market, By Function, 2017–2027(USD Million)
41. Germany Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
42. Germany Aviation Blockchain Market, By Application, 2017–2027(USD Million)
43. Germany Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
44. Germany Aviation Blockchain Market, By Function, 2017–2027(USD Million)
45. France Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
46. France Aviation Blockchain Market, By Application, 2017–2027(USD Million)
47. France Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
48. France Aviation Blockchain Market, By Function, 2017–2027(USD Million)
49. U.K. Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
50. U.K. Aviation Blockchain Market, By Application, 2017–2027(USD Million)
51. U.K. Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
52. U.K. Aviation Blockchain Market, By Function, 2017–2027(USD Million)
53. Italy Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
54. Italy Aviation Blockchain Market, By Application, 2017–2027(USD Million)
55. Italy Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
56. Italy Aviation Blockchain Market, By Function, 2017–2027(USD Million)
57. Spain Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
58. Spain Aviation Blockchain Market, By Application, 2017–2027(USD Million)
59. Spain Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
60. Spain Aviation Blockchain Market, By Function, 2017–2027(USD Million)
61. Asia Pacific Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
62. Asia Pacific Aviation Blockchain Market, By Application, 2017–2027(USD Million)
63. Asia Pacific Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
64. Asia Pacific Aviation Blockchain Market, By Function, 2017–2027(USD Million)
65. Japan Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
66. Japan Aviation Blockchain Market, By Application, 2017–2027(USD Million)
67. Japan Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
68. Japan Aviation Blockchain Market, By Function, 2017–2027(USD Million)
69. China Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
70. China Aviation Blockchain Market, By Application, 2017–2027(USD Million)
71. China Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
72. China Aviation Blockchain Market, By Function, 2017–2027(USD Million)
73. India Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
74. India Aviation Blockchain Market, By Application, 2017–2027(USD Million)
75. India Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
76. India Aviation Blockchain Market, By Function, 2017–2027(USD Million)
77. South America Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
78. South America Aviation Blockchain Market, By Application, 2017–2027(USD Million)
79. South America Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
80. South America Aviation Blockchain Market, By Function, 2017–2027(USD Million)
81. Brazil Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
82. Brazil Aviation Blockchain Market, By Application, 2017–2027(USD Million)
83. Brazil Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
84. Brazil Aviation Blockchain Market, By Function, 2017–2027(USD Million)
85. Middle East and Africa Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
86. Middle East and Africa Aviation Blockchain Market, By Application, 2017–2027(USD Million)
87. Middle East and Africa Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
88. Middle East and Africa Aviation Blockchain Market, By Function, 2017–2027(USD Million)
89. UAE Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
90. UAE Aviation Blockchain Market, By Application, 2017–2027(USD Million)
91. UAE Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
92. UAE Aviation Blockchain Market, By Function, 2017–2027(USD Million)
93. South Africa Aviation Blockchain Market, By End Market, 2017–2027(USD Million)
94. South Africa Aviation Blockchain Market, By Application, 2017–2027(USD Million)
95. South Africa Aviation Blockchain Market, By Deployment, 2017–2027(USD Million)
96. South Africa Aviation Blockchain Market, By Function, 2017–2027(USD Million)
List of Figures
1. Global Aviation Blockchain Market Segmentation
2. Aviation Blockchain Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Aviation Blockchain Market Attractiveness Analysis By End Market
9. Global Aviation Blockchain Market Attractiveness Analysis By Application
10. Global Aviation Blockchain Market Attractiveness Analysis By Deployment
11. Global Aviation Blockchain Market Attractiveness Analysis By Function
12. Global Aviation Blockchain Market Attractiveness Analysis By Region
13. Global Aviation Blockchain Market: Dynamics
14. Global Aviation Blockchain Market Share By End Market (2019 & 2027)
15. Global Aviation Blockchain Market Share By Application (2019 & 2027)
16. Global Aviation Blockchain Market Share By Deployment (2019 & 2027)
17. Global Aviation Blockchain Market Share By Function (2019 & 2027)
18. Global Aviation Blockchain Market Share by Regions (2019 & 2027)
19. Global Aviation Blockchain Market Share by Company (2019)
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