Aviation IoT Market

Global Aviation IoT Market Size, Trends & Analysis - Forecasts to 2028 By Application (Ground Operations, Passenger Experience, Aircraft Operations, and Asset Management), By End-use (Airport, Airline Operators, MRO, and Aircraft OEM), By Component (Hardware, Software, and Service), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Aerospace & Defence

Format

This report was recently updated on April 25 2024 with the latest and most recent market numbers

Global Aviation IoT Market Size

The global aviation IoT market is projected to grow at a CAGR of 23.5% from 2023 to 2028.

Aviation IoT is a concept of integrating IoT sensors into aircraft for collecting real-time data. It involves the incorporation of IoT devices, sensors, connectivity, and data analytics to enhance various aspects of aviation operations, safety, efficiency, and passenger experience.

Smart airports are leveraging IoT technology to establish a digital ecosystem that automates processes such as check-in, baggage handling, and flight bookings. Additionally, IoT enables real-time monitoring of aircraft health and analysis of potential threats, leading to substantial cost savings for airline operators during routine maintenance cycles. Therefore, aviation IoT has the potential to offer economic benefits and improve operational efficiency.

IoT technologies facilitate efficient air traffic management and improve the passenger experience. IoT in aviation enables real-time data collection and analysis, enhancing operational efficiency. These technologies also provide cost-saving opportunities for the aviation industry, which are driving factors for the growth of the global aviation IoT market.

The risk of accidents is reduced through real-time monitoring of aircraft systems and components, which enables early detection of potential issues. IoT-based surveillance systems and threat analysis enhance airport security measures, ensuring passenger safety and reducing security-related incidents. Passengers can benefit from automated check-in processes, real-time flight updates, personalized in-flight entertainment, and streamlined baggage handling. By delivering an enhanced experience, airlines can attract more passengers and generate additional revenue which will contribute to the economic benefit of the industry.

global aviation iot market

Global Aviation IoT Market: By Application

The ground operations segment is expected to hold the largest share of the market. The aviation sector faces significant expenses associated with valuable assets, which can result in elevated operational expenditures. Currently, the increasing number of aircraft in tandem with the rising passenger demand highlights the significance of effective asset management and tracking to attain enhanced operational efficiency. Aviation asset management offers diverse solutions aimed at bolstering the overall productivity of crew and fleet operations, thereby stimulating the growth of this segment.

Passenger experience is expected to be the fastest-growing segment in the market from 2023-2028. The segment’s growth can be attributed to the increasing use of technology to enhance the travel experience. Technologies like NFC and Wi-Fi are employed to improve the passenger experience through network connectivity and device integration. Furthermore, access to diverse information and entertainment systems has the potential to enhance the travel experience.

Global Aviation IoT Market: By End-use

Airline operators segment is expected to hold the largest share of the market. The integration of IoT (Internet of Things) holds significant potential in enabling airlines to access real-time data and enhancing the in-flight cabin experience for passengers. The increasing prevalence of smartphones is fuelling the demand for in-flight internet connectivity and personalized entertainment options, creating avenues for airlines to generate substantial ancillary revenues. Additionally, the rising adoption of intelligent baggage monitoring systems and advanced cabin climate control solutions, aimed at improving the overall passenger experience, is also driving the growth of this segment.

The airport segment is anticipated to be the fastest-growing segment in the market from 2023-2028. IoT in the aviation industry has the potential to create opportunities for existing industry players to provide solutions for passenger traffic monitoring, baggage handling, and facilities management. This, in turn, can enhance the overall operational flow and efficiency of airports. The growing number of partnerships between IoT service providers and airport operators is expected to generate substantial growth prospects for this segment during the forecast period.

Global Aviation IoT Market: By Component

The hardware segment is projected to hold the largest share of the market. The growth of this segment is driven by the rising utilization of sensors, actuators, gateways, and other devices in aircraft and airports to gather and analyse real-time data, facilitating informed decision-making for enhanced efficiency. Furthermore, the increasing emphasis on safety and efficiency within the aviation industry is anticipated to fuel the demand for IoT hardware, which aids in monitoring and automating repetitive tasks. As a result, the hardware component segment is expected to play a crucial role in the industry's development.

The software segment is anticipated to be the fastest-growing segment in the market from 2023-2028. The growth of this segment can be attributed to the increasing popularity of data visualization in the aviation industry. There is a growing demand for aviation IoT software as it facilitates the collection of large volumes of data, enabling decision-making in areas such as air traffic control, baggage tracking, and maintenance. Additionally, the segment is expected to witness growth as developers are focussing on creating software that is compatible with a diverse range of IoT hardware devices installed in airplanes and airports worldwide.

asia pacific aviation iot market

Global Aviation IoT Market: By Region

North America is expected to hold the largest share of the global aviation IoT market. This is attributed to the strong presence of the aviation industry, a number of significant airlines, aircraft producers, and aviation service providers with their headquarters situated in this region. Additionally, North America has a strong economy, and the aviation sector is an essential part of its transportation network. The region has a large consumer base, which drives the demand for air travel and encourages investment in aviation-related technologies.

Asia Pacific is predicted to witness the fastest growth during the forecast period. This growth can be attributed to various factors, including the increasing air traffic in the region, greater investments in smart airport infrastructure, and the expansion of airline operations. Developing countries in the region, such as India and Southeast Asian nations, have observed a substantial surge in domestic air travel, primarily due to the emergence of low-cost airlines. Consequently, this surge in air travel is expected to drive the regional market growth as airlines adopt IoT technologies to ensure safety compliance and enhance the passenger experience.

Global Aviation IoT Market Share and Competitor Analysis

Honeywell International, Inc., Tata Communication, Cisco Systems, Inc., Huawei Technologies Co . Ltd., IBM Corp., Aeris Communication, Microsoft Corp., Tech Mahindra Ltd., Wind River Systems, Inc., and SAP SE, among others, are some of the key players in the global aviation IoT market.

Please note: This is not an exhaustive list of companies profiled in the report.

1 STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1 Strategic Opportunity & Attractiveness Analysis

1.1.1 Hot Revenue Pockets

1.1.2 Market Attractiveness Score

1.1.3 Revenue Impacting Opportunity

1.1.4 High Growing Region/Country

1.1.5 Competitor Analysis

1.1.6 Consumer Analysis

1.2 Global Market Estimates' View

1.3 Strategic Insights across Business Functions

1.3.1 For Chief Executive Officers

1.3.2 For Chief Marketing Officers

1.3.3 For Chief Strategy Officers

1.4 Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2 TECHNOLOGICAL TRENDS

2.1 Technological Adoption Rate

2.2 Current Trend Impact Analysis

2.3 Future Trend Impact Analysis

2.4 Data Metrics

3 GLOBAL AVIATION IOT MARKET OUTLOOK

3.1 Market Pyramid Analysis

3.1.1 Introduction

3.1.2 Adjacent Market Opportunities

3.1.3 Ancillary Market Opportunities

3.2 Demand Side Analysis

3.2.1 Market Drivers: Impact Analysis

3.2.2 Market Restraints: Impact Analysis

3.2.3 Market Opportunities: Impact Analysis

3.2.4 Market Challenges: Impact Analysis

3.3 Supply Side Analysis

3.3.1 Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2 SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3 Value Chain Analysis

3.3.4 Trend Analysis

3.3.5 Gap Analysis

3.3.6 Cost Analysis

4 GLOBAL AVIATION IOT MARKET, BY APPLICATION

4.1 Introduction

4.2 Aviation IoT Market: Application Scope Key Takeaways

4.3 Revenue Growth Analysis, 2022 & 2028

4.4 Ground Operations

4.4.1 Ground Operations Market Estimates and Forecast, 2020-2028 (USD Million)

4.5 Passenger Experience

4.5.1 Passenger Experience Market Estimates and Forecast, 2020-2028 (USD Million)

4.6 Aircraft Operations

4.6.1 Aircraft Operations Market Estimates and Forecast, 2020-2028 (USD Million)

4.7 Asset Management

4.7.1 Asset Management Market Estimates and Forecast, 2020-2028 (USD Million)

5 GLOBAL AVIATION IOT MARKET, BY END-USE

5.1 Introduction

5.2 Aviation IoT Market: End-use Scope Key Takeaways

5.3 Revenue Growth Analysis, 2022 & 2028

5.4 Airport

5.4.1 Airport Market Estimates and Forecast, 2020-2028 (USD Million)

5.5 Airline Operators

5.5.1 Airline Operators Market Estimates and Forecast, 2020-2028 (USD Million)

5.6 MRO

5.6.1 MRO Market Estimates and Forecast, 2020-2028 (USD Million)

5.7 Aircraft OEM

5.7.1 Aircraft OEM Market Estimates and Forecast, 2020-2028 (USD Million)

6 GLOBAL AVIATION IOT MARKET, BY COMPONENT

6.1 Introduction

6.2 Aviation IoT Market: Component Scope Key Takeaways

6.3 Revenue Growth Analysis, 2022 & 2028

6.4 Hardware

6.4.1 Hardware Market Estimates and Forecast, 2020-2028 (USD Million)

6.5 Software

6.5.1 Software Market Estimates and Forecast, 2020-2028 (USD Million)

6.6 Service

6.6.1 Service Market Estimates and Forecast, 2020-2028 (USD Million)

7 GLOBAL AVIATION IOT MARKET, BY REGION

7.1 Introduction

7.2 North America Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.1 By Application

7.2.2 By End-use

7.2.3 By Component

7.2.4 By Country

7.2.4.1 U.S. Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.1.1 By Application

7.2.4.1.2 By End-use

7.2.4.1.3 By Component

7.2.4.2 Canada Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.2.1 By Application

7.2.4.2.2 By End-use

7.2.4.2.3 By Component

7.2.4.3 Mexico Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.3.1 By Application

7.2.4.3.2 By End-use

7.2.4.3.3 By Component

7.3 Europe Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.1 By Application

7.3.2 By End-use

7.3.3 By Component

7.3.4 By Country

7.3.4.1 Germany Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.1.1 By Application

7.3.4.1.2 By End-use

7.3.4.1.3 By Component

7.3.4.2 U.K. Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.2.1 By Application

7.3.4.2.2 By End-use

7.3.4.2.3 By Component

7.3.4.3 France Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.3.1 By Application

7.3.4.3.2 By End-use

7.3.4.3.3 By Component

7.3.4.4 Italy Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.4.1 By Application

7.3.4.4.2 By End-use

7.2.4.4.3 By Component

7.3.4.5 Spain Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.5.1 By Application

7.3.4.5.2 By End-use

7.2.4.5.3 By Component

7.3.4.6 Netherlands Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.6.1 By Application

7.3.4.6.2 By End-use

7.2.4.6.3 By Component

7.3.4.7 Rest of Europe Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.7.1 By Application

7.3.4.7.2 By End-use

7.2.4.7.3 By Component

7.4 Asia Pacific Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.1 By Application

7.4.2 By End-use

7.4.3 By Component

7.4.4 By Country

7.4.4.1 China Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.1.1 By Application

7.4.4.1.2 By End-use

7.4.4.1.3 By Component

7.4.4.2 Japan Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.2.1 By Application

7.4.4.2.2 By End-use

7.4.4.2.3 By Component

7.4.4.3 India Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.3.1 By Application

7.4.4.3.2 By End-use

7.4.4.3.3 By Component

7.4.4.4 South Korea Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.4.1 By Application

7.4.4.4.2 By End-use

7.4.4.4.3 By Component

7.4.4.5 Singapore Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.5.1 By Application

7.4.4.5.2 By End-use

7.4.4.5.3 By Component

7.4.4.6 Malaysia Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.6.1 By Application

7.4.4.6.2 By End-use

7.4.4.6.3 By Component

7.4.4.7 Thailand Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.7.1 By Application

7.4.4.7.2 By End-use

7.4.4.7.3 By Component

7.4.4.8 Indonesia Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.8.1 By Application

7.4.4.8.2 By End-use

7.4.4.8.3 By Component

7.4.4.9 Vietnam Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.9.1 By Application

7.4.4.9.2 By End-use

7.4.4.9.3 By Component

7.4.4.10 Taiwan Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.10.1 By Application

7.4.4.10.2 By End-use

7.4.4.10.3 By Component

7.4.4.11 Rest of Asia Pacific Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.11.1 By Application

7.4.4.11.2 By End-use

7.4.4.11.3 By Component

7.5 Middle East and Africa Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.1 By Application

7.5.2 By End-use

7.5.3 By Component

7.5.4 By Country

7.5.4.1 Saudi Arabia Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.1.1 By Application

7.5.4.1.2 By End-use

7.5.4.1.3 By Component

7.5.4.2 U.A.E. Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.2.1 By Application

7.5.4.2.2 By End-use

7.5.4.2.3 By Component

7.5.4.3 Israel Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.3.1 By Application

7.5.4.3.2 By End-use

7.5.4.3.3 By Component

7.5.4.4 South Africa Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.4.1 By Application

7.5.4.4.2 By End-use

7.5.4.4.3 By Component

7.5.4.5 Rest of Middle East and Africa Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.5.1 By Application

7.5.4.5.2 By End-use

7.5.4.5.2 By Component

7.6 Central & South America Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.1 By Application

7.6.2 By End-use

7.6.3 By Component

7.6.4 By Country

7.6.4.1 Brazil Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.1.1 By Application

7.6.4.1.2 By End-use

7.6.4.1.3 By Component

7.6.4.2 Argentina Eaporative Air Cooler Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.2.1 By Application

7.6.4.2.2 By End-use

7.6.4.2.3 By Component

7.6.4.3 Chile Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.3.1 By Application

7.6.4.3.2 By End-use

7.6.4.3.3 By Component

7.6.4.4 Rest of Central & South America Aviation IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.4.1 By Application

7.6.4.4.2 By End-use

7.6.4.4.3 By Component

8 COMPETITIVE LANDCAPE

8.1 Company Market Share Analysis

8.2 Four Quadrant Positioning Matrix

8.2.1 Market Leaders

8.2.2 Market Visionaries

8.2.3 Market Challengers

8.2.4 Niche Market Players

8.3 Vendor Landscape

8.3.1 North America

8.3.2 Europe

8.3.3 Asia Pacific

8.3.4 Rest of the World

8.4 Company Profiles

8.4.1 Honeywell International, Inc.

8.4.1.1 Business Description & Financial Analysis

8.4.1.2 SWOT Analysis

8.4.1.3 Products & Services Offered

8.4.1.4 Strategic Alliances between Business Partners

8.4.2 Tata Communication

8.4.2.1 Business Description & Financial Analysis

8.4.2.2 SWOT Analysis

8.4.2.3 Products & Services Offered

8.4.2.4 Strategic Alliances between Business Partners

8.4.3 Cisco Systems, Inc.

8.4.3.1 Business Description & Financial Analysis

8.4.3.2 SWOT Analysis

8.4.3.3 Products & Services Offered

8.4.3.4 Strategic Alliances between Business Partners

8.4.4 Huawei Technologies Co. Ltd.

8.4.4.1 Business Description & Financial Analysis

8.4.4.2 SWOT Analysis

8.4.4.3 Products & Services Offered

8.4.4.4 Strategic Alliances between Business Partners

8.4.5 IBM Corp.

8.4.5.1 Business Description & Financial Analysis

8.4.5.2 SWOT Analysis

8.4.5.3 Products & Services Offered

8.4.5.4 Strategic Alliances between Business Partners

8.4.6 AERIS COMMUNICATION

8.4.6.1 Business Description & Financial Analysis

8.4.6.2 SWOT Analysis

8.4.6.3 Products & Services Offered

8.4.6.4 Strategic Alliances between Business Partners

8.4.7 Microsoft Corp.

8.4.7.1 Business Description & Financial Analysis

8.4.7.2 SWOT Analysis

8.4.7.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.8 Tech Mahindra Ltd.

8.4.8.1 Business Description & Financial Analysis

8.4.8.2 SWOT Analysis

8.4.8.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.9 Wind River Systems, Inc.

8.4.9.1 Business Description & Financial Analysis

8.4.9.2 SWOT Analysis

8.4.9.3 Products & Services Offered

8.4.9.4 Strategic Alliances between Business Partners

8.4.10 SAP SE

8.4.10.1 Business Description & Financial Analysis

8.4.10.2 SWOT Analysis

8.4.10.3 Products & Services Offered

8.4.10.4 Strategic Alliances between Business Partners

8.4.11 Other Companies

8.4.11.1 Business Description & Financial Analysis

8.4.11.2 SWOT Analysis

8.4.11.3 Products & Services Offered

8.4.11.4 Strategic Alliances between Business Partners

9 RESEARCH METHODOLOGY

9.1 Market Introduction

9.1.1 Market Definition

9.1.2 Market Scope & Segmentation

9.2 Information Procurement

9.2.1 Secondary Research

9.2.1.1 Purchased Databases

9.2.1.2 GMEs Internal Data Repository

9.2.1.3 Secondary Resources & Third Party Perspectives

9.2.1.4 Company Information Sources

9.2.2 Primary Research

9.2.2.1 Various Types of Respondents for Primary Interviews

9.2.2.2 Number of Interviews Conducted throughout the Research Process

9.2.2.3 Primary Stakeholders

9.2.2.4 Discussion Guide for Primary Participants

9.2.3 Expert Panels

9.2.3.1 Expert Panels Across 30+ Industry

9.2.4 Paid Local Experts

9.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

9.3 Market Estimation

9.3.1 Top-Down Approach

9.3.1.1 Macro-Economic Indicators Considered

9.3.1.2 Micro-Economic Indicators Considered

9.3.2 Bottom Up Approach

9.3.2.1 Company Share Analysis Approach

9.3.2.2 Estimation of Potential Product Sales

9.4 Data Triangulation

9.4.1 Data Collection

9.4.2 Time Series, Cross Sectional & Panel Data Analysis

9.4.3 Cluster Analysis

9.5 Analysis and Output

9.5.1 Inhouse AI Based Real Time Analytics Tool

9.5.2 Output From Desk & Primary Research

9.6 Research Assumptions & Limitations

9.7.1 Research Assumptions

9.7.2 Research Limitations

LIST OF TABLES

1 Global Aviation IoT Market, By Application, 2020-2028 (USD Mllion)

2 Ground Operations Market, By Region, 2020-2028 (USD Mllion)

3 Passenger Experience Market, By Region, 2020-2028 (USD Mllion)

4 Aircraft Operations Market, By Region, 2020-2028 (USD Mllion)

5 Asset Management Market, By Region, 2020-2028 (USD Mllion)

6 Global Aviation IoT Market, By End-use, 2020-2028 (USD Mllion)

7 Airport Market, By Region, 2020-2028 (USD Mllion)

8 Airline Operators Market, By Region, 2020-2028 (USD Mllion)

9 MRO Market, By Region, 2020-2028 (USD Mllion)

10 Aircraft OEM Market, By Region, 2020-2028 (USD Mllion)

11 Global Aviation IoT Market, By Component, 2020-2028 (USD Mllion)

12 Hardware Market, By Region, 2020-2028 (USD Mllion)

13 Software Market, By Region, 2020-2028 (USD Mllion)

14 Service Market, By Region, 2020-2028 (USD Mllion)

15 Regional Analysis, 2020-2028 (USD Mllion)

16 North America Aviation IoT Market, By Application, 2020-2028 (USD Million)

17 North America Aviation IoT Market, By End-use, 2020-2028 (USD Million)

18 North America Aviation IoT Market, By Component, 2020-2028 (USD Million)

19 North America Aviation IoT Market, By Country, 2020-2028 (USD Million)

20 U.S Aviation IoT Market, By Application, 2020-2028 (USD Million)

21 U.S Aviation IoT Market, By End-use, 2020-2028 (USD Million)

22 U.S Aviation IoT Market, By Component, 2020-2028 (USD Million)

23 Canada Aviation IoT Market, By Application, 2020-2028 (USD Million)

24 Canada Aviation IoT Market, By End-use, 2020-2028 (USD Million)

25 Canada Aviation IoT Market, By Component, 2020-2028 (USD Million)

26 Mexico Aviation IoT Market, By Application, 2020-2028 (USD Million)

27 Mexico Aviation IoT Market, By End-use, 2020-2028 (USD Million)

28 Mexico Aviation IoT Market, By Component, 2020-2028 (USD Million)

29 Europe Aviation IoT Market, By Application, 2020-2028 (USD Million)

30 Europe Aviation IoT Market, By End-use, 2020-2028 (USD Million)

31 Europe Aviation IoT Market, By Component, 2020-2028 (USD Million)

32 Germany Aviation IoT Market, By Application, 2020-2028 (USD Million)

33 Germany Aviation IoT Market, By End-use, 2020-2028 (USD Million)

34 Germany Aviation IoT Market, By Component, 2020-2028 (USD Million)

35 UK Aviation IoT Market, By Application, 2020-2028 (USD Million)

36 UK Aviation IoT Market, By End-use, 2020-2028 (USD Million)

37 UK Aviation IoT Market, By Component, 2020-2028 (USD Million)

38 France Aviation IoT Market, By Application, 2020-2028 (USD Million)

39 France Aviation IoT Market, By End-use, 2020-2028 (USD Million)

40 France Aviation IoT Market, By Component, 2020-2028 (USD Million)

41 Italy Aviation IoT Market, By Application, 2020-2028 (USD Million)

42 Italy Aviation IoT Market, By T Material Type Type, 2020-2028 (USD Million)

43 Italy Aviation IoT Market, By Component, 2020-2028 (USD Million)

44 Spain Aviation IoT Market, By Application, 2020-2028 (USD Million)

45 Spain Aviation IoT Market, By End-use, 2020-2028 (USD Million)

46 Spain Aviation IoT Market, By Component, 2020-2028 (USD Million)

47 Rest Of Europe Aviation IoT Market, By Application, 2020-2028 (USD Million)

48 Rest Of Europe Aviation IoT Market, By End-use, 2020-2028 (USD Million)

49 Rest of Europe Aviation IoT Market, By Component, 2020-2028 (USD Million)

50 Asia Pacific Aviation IoT Market, By Application, 2020-2028 (USD Million)

51 Asia Pacific Aviation IoT Market, By End-use, 2020-2028 (USD Million)

52 Asia Pacific Aviation IoT Market, By Component, 2020-2028 (USD Million)

53 Asia Pacific Aviation IoT Market, By Country, 2020-2028 (USD Million)

54 China Aviation IoT Market, By Application, 2020-2028 (USD Million)

55 China Aviation IoT Market, By End-use, 2020-2028 (USD Million)

56 China Aviation IoT Market, By Component, 2020-2028 (USD Million)

57 India Aviation IoT Market, By Application, 2020-2028 (USD Million)

58 India Aviation IoT Market, By End-use, 2020-2028 (USD Million)

59 India Aviation IoT Market, By Component, 2020-2028 (USD Million)

60 Japan Aviation IoT Market, By Application, 2020-2028 (USD Million)

61 Japan Aviation IoT Market, By End-use, 2020-2028 (USD Million)

62 Japan Aviation IoT Market, By Component, 2020-2028 (USD Million)

63 South Korea Aviation IoT Market, By Application, 2020-2028 (USD Million)

64 South Korea Aviation IoT Market, By End-use, 2020-2028 (USD Million)

65 South Korea Aviation IoT Market, By Component, 2020-2028 (USD Million)

66 Middle East and Africa Aviation IoT Market, By Application, 2020-2028 (USD Million)

67 Middle East and Africa Aviation IoT Market, By End-use, 2020-2028 (USD Million)

68 Middle East and Africa Aviation IoT Market, By Component, 2020-2028 (USD Million)

69 Middle East and Africa Aviation IoT Market, By Country, 2020-2028 (USD Million)

70 Saudi Arabia Aviation IoT Market, By Application, 2020-2028 (USD Million)

71 Saudi Arabia Aviation IoT Market, By End-use, 2020-2028 (USD Million)

72 Saudi Arabia Aviation IoT Market, By Component, 2020-2028 (USD Million)

73 UAE Aviation IoT Market, By Application, 2020-2028 (USD Million)

74 UAE Aviation IoT Market, By End-use, 2020-2028 (USD Million)

75 UAE Aviation IoT Market, By Component, 2020-2028 (USD Million)

76 Central & South America Aviation IoT Market, By Application, 2020-2028 (USD Million)

77 Central & South America Aviation IoT Market, By End-use, 2020-2028 (USD Million)

78 Central & South America Aviation IoT Market, By Component, 2020-2028 (USD Million)

79 Central & South America Aviation IoT Market, By Country, 2020-2028 (USD Million)

80 Brazil Aviation IoT Market, By Application, 2020-2028 (USD Million)

81 Brazil Aviation IoT Market, By End-use, 2020-2028 (USD Million)

82 Brazil Aviation IoT Market, By Component, 2020-2028 (USD Million)

83 Honeywell International, Inc.: Products & Services Offering

84 Tata Communication: Products & Services Offering

85 Cisco Systems, Inc.: Products & Services Offering

86 Huawei Technologies Co. Ltd.: Products & Services Offering

87 IBM Corp.: Products & Services Offering

88 AERIS COMMUNICATION: Products & Services Offering

89 Microsoft Corp. : Products & Services Offering

90 Tech Mahindra Ltd.: Products & Services Offering

91 Wind River Systems, Inc., Inc: Products & Services Offering

92 SAP SE: Products & Services Offering

93 Other Companies: Products & Services Offering

LIST OF FIGURES

1 Global Aviation IoT Market Overview

2 Global Aviation IoT Market Value From 2020-2028 (USD Mllion)

3 Global Aviation IoT Market Share, By Application (2022)

4 Global Aviation IoT Market Share, By End-use (2022)

5 Global Aviation IoT Market Share, By Component (2022)

6 Global Aviation IoT Market, By Region (Asia Pacific Market)

7 Technological Trends In Global Aviation IoT Market

8 Four Quadrant Competitor Positioning Matrix

9 Impact Of Macro & Micro Indicators On The Market

10 Impact Of Key Drivers On The Global Aviation IoT Market

11 Impact Of Challenges On The Global Aviation IoT Market

12 Porter’s Five Forces Analysis

13 Global Aviation IoT Market: By Application Scope Key Takeaways

14 Global Aviation IoT Market, By Application Segment: Revenue Growth Analysis

15 Ground Operations Market, By Region, 2020-2028 (USD Mllion)

16 Passenger Experience Market, By Region, 2020-2028 (USD Mllion)

17 Aircraft Operations Market, By Region, 2020-2028 (USD Mllion)

18 Asset Management Market, By Region, 2020-2028 (USD Mllion)

19 Global Aviation IoT Market: By End-use Scope Key Takeaways

20 Global Aviation IoT Market, By End-use Segment: Revenue Growth Analysis

21 Airport Market, By Region, 2020-2028 (USD Mllion)

22 Airline Operators Market, By Region, 2020-2028 (USD Mllion)

23 MRO Market, By Region, 2020-2028 (USD Mllion)

24 Aircraft OEM Market, By Region, 2020-2028 (USD Mllion)

25 Global Aviation IoT Market: By Component Scope Key Takeaways

26 Global Aviation IoT Market, By Component Segment: Revenue Growth Analysis

27 Hardware Market, By Region, 2020-2028 (USD Mllion)

28 Software Market, By Region, 2020-2028 (USD Mllion)

29 Service Market, By Region, 2020-2028 (USD Mllion)

30 Regional Segment: Revenue Growth Analysis

31 Global Aviation IoT Market: Regional Analysis

32 North America Aviation IoT Market Overview

33 North America Aviation IoT Market, By Application

34 North America Aviation IoT Market, By End-use

35 North America Aviation IoT Market, By Component

36 North America Aviation IoT Market, By Country

37 U.S. Aviation IoT Market, By Application

38 U.S. Aviation IoT Market, By End-use

39 U.S. Aviation IoT Market, By Component

40 Canada Aviation IoT Market, By Application

41 Canada Aviation IoT Market, By End-use

42 Canada Aviation IoT Market, By Component

43 Mexico Aviation IoT Market, By Application

44 Mexico Aviation IoT Market, By End-use

45 Mexico Aviation IoT Market, By Component

46 Four Quadrant Positioning Matrix

47 Company Market Share Analysis

48 Honeywell International, Inc.: Company Snapshot

49 Honeywell International, Inc.: SWOT Analysis

50 Honeywell International, Inc.: Geographic Presence

51 Tata Communication: Company Snapshot

52 Tata Communication: SWOT Analysis

53 Tata Communication: Geographic Presence

54 Cisco Systems, Inc.: Company Snapshot

55 Cisco Systems, Inc.: SWOT Analysis

56 Cisco Systems, Inc.: Geographic Presence

57 Huawei Technologies Co. Ltd.: Company Snapshot

58 Huawei Technologies Co. Ltd.: Swot Analysis

59 Huawei Technologies Co. Ltd.: Geographic Presence

60 IBM Corp.: Company Snapshot

61 IBM Corp.: SWOT Analysis

62 IBM Corp.: Geographic Presence

63 AERIS COMMUNICATION: Company Snapshot

64 AERIS COMMUNICATION: SWOT Analysis

65 AERIS COMMUNICATION: Geographic Presence

66 Microsoft Corp. : Company Snapshot

67 Microsoft Corp. : SWOT Analysis

68 Microsoft Corp. : Geographic Presence

69 Tech Mahindra Ltd.: Company Snapshot

70 Tech Mahindra Ltd.: SWOT Analysis

71 Tech Mahindra Ltd.: Geographic Presence

72 Wind River Systems, Inc., Inc.: Company Snapshot

73 Wind River Systems, Inc., Inc.: SWOT Analysis

74 Wind River Systems, Inc., Inc.: Geographic Presence

75 SAP SE: Company Snapshot

76 SAP SE: SWOT Analysis

77 SAP SE: Geographic Presence

78 Other Companies: Company Snapshot

79 Other Companies: SWOT Analysis

80 Other Companies: Geographic Presence

The Global Aviation IoT Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Aviation IoT Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Aviation IoT Market.

Aviation IoT Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Aviation IoT Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Aviation IoT Market Share

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Frequently Asked Questions

What is the projected market size of the global aviation IoT market?

The global aviation IoT market is projected to grow at a CAGR of 23.5% from 2023 to 2028.

Who are the major vendors in the global aviation IoT market?

Honeywell International, Inc., Tata Communication, Cisco Systems, Inc., Huawei Technologies Co. Ltd., IBM Corp., Aeris Communication, Microsoft Corp., Tech Mahindra Ltd., Wind River Systems, Inc., and SAP SE, among others, are some of the key players in the global aviation IoT market

What are the opportunities prevailing in the global aviation IoT market?

Opportunities in the global aviation IoT market include the implementation of IoT solutions for enhanced aircraft maintenance, improved passenger experience, efficient air traffic management, cost savings through fuel optimization, and the adoption of smart airport technologies. Additionally, emerging markets and the growth of low-cost airlines present untapped potential opportunity for key players in the global IoT adoption in aviation market.

What are the major drivers for the global aviation IoT market?

IoT technologies facilitate efficient air traffic management and improve the passenger experience. IoT in aviation enables real-time data collection and analysis, enhancing operational efficiency. These technologies also reduce the overall operational cost of the aviation industry, which are driving factors for the growth of the global aviation IoT market.