IoT In Aviation Market

Growing applications of IoT in aviation driving the market growth.

The rapid progress in the field of digital communication and networking has greatly influenced the aviation industry across the world. By adopting new and advanced technologies, the aviation industry is reshaping itself to improve its operational efficiency and passenger experience. Many companies are investing in IoT that has the ability to connect technology, processes, people, and culture to deliver a seamless air travel experience. With the growing number of air passengers across the world, especially in the Asia Pacific, there is an annual growth of 5% investment in the overall aviation industry. Market players such as SAP SE, Microsoft, and others have already started investing in IoT technology to lead the market share. For instance, Rolls-Royce, an aero-engine manufacturer, has started integrating Microsoft Azure IoT Suite and Cortana Intelligence Suite in its service solutions. This will also support Rolls-Royce’s next-generation intelligent engines in the future.

With the launching of 5G technology, millions of devices are expected to communicate with each other in the future. This, in turn, will help aviation companies to leverage the power of IoT and big data to improve their fleet management, fuel savings, and safety & security standards. However, the lack of a single owner who can control the whole system in commercial aviation, which is flooded with an increasing number of airlines and MROs expected to restrain the adoption rate of IoT.

Overall, the global IoT in the aviation market was US$ 554.2 Mn in 2018 and is expected to reach US$ 2,685.1 Mn by 2027, growing at a CAGR of 19.3% from 2019 to 2027.

Market Snapshot

End-user Segment Analysis

Airport expected to lead the market share.

The airport segment is expected to lead the market during the forecast period. Increasing passenger traffic affected the travel experience causing issues like flight disruption, baggage, and ticketing. Thereby, many airport authorities are shifting towards smarter airports to improve their passenger handling efficiency. This has influenced the demand for IoT technologies such as IoT baggage tracking, IoT Queuing solutions, biometric security checks, and passenger management.

Beijing’s 5 G-equipped smart airport, the JAL smart airport of Japan, and Hamad International airport Qatar are some of the ongoing airports transforming themselves into IoT-based smart airports. For instance, in September 2019, NEC Corporation conducted trials of IoT at Haneda airport in Japan to improve airport operations.

Regional Analysis

North America dominating the world market

North America accounted for the largest share of the market in 2018. Many airlines operating in the region are flying over 6700 flights daily, boarding over 2.7 million passengers daily. Therefore, a large number of air travel passengers provide a high potential for IoT implementation to improve their flying experience. This has influenced the market players to install IoT in regional airlines. Some of the companies in the region include IBM, Microsoft, SAP SE, and Honeywell. These companies are launching innovative software to enhance airline efficiency. For instance, the Travel Accelerator of SAP SE, integrated with Gigya technology, offers predictive analytics and demand-driven material requirement, helping in increasing profit and performance management.

On the other hand, a growing number of passenger travel due to the rise in disposable income and increasing private sector investment in the aviation sector of Asia Pacific has a high potential to improve the operation, maintenance, and efficiency of the regional aviation industry. The region provides large opportunities for IoT in the aviation sector.

 Technological advancement is keeping the market competitive.

The global IoT in the aviation market is competitive. Some of the major players in the market are IBM (U.S.), Microsoft Corporation (U.S.), SAP SE (U.S.), Fujitsu (Japan), and Huawei (China), among others. These market players are adopting strategies such as partnering with other companies with excellence in technology and launching new and advanced solutions to stay competitive in the global market. Following is the list of players included in the published reports.

List of Companies Covered:

• IBM
• Microsoft Corporation
• Wind River
• Amadeus IT Group SA
• Cisco
• SAP SE
• Huawei Technologies Co., Ltd.
• Honeywell International Inc.
• Aeris
• Send Wireless Corporation
• GlobeRanger (Fujitsu)
• Others

Key Industry Development:

• In July 2018, Airbus Interior Services partnered with Fujitsu to improve the aircraft’s inspection, maintenance, and other daily operational tasks. Together both companies have rolled out a Smart Emergency Equipment Manager (S-EEM) system that digitally inspects cabin emergency equipment, simplifying the checking of service, security, and availability of safety equipment in the aircraft. With this collaboration, both companies benefit from improved MRO efficiency, thereby increasing aircraft flying hours.
• In June 2018, Huawei Technologies Co., Ltd. launched the Smart Airport 2.0 Solution consisting of IoT and visualized safety, service, and operation processes. Smart Airport 2.0 focused more on linked technologies such as video surveillance, big data, artificial intelligence, and IoT. This, in turn, enhances airport operations and delivers passengers a comfortable air travel experience.

Historical & Forecast Period

The research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.Segmentation.

Component Segment (2017-2027; US$ Mn)

• IoT Hardware
• IoT Software

Application Segment (2017-2027; US$ Mn)

• Ground Operations
• Asset Management
• Passenger Experience
• Air Traffic Management

End-user Segment (2017-2027; US$ Mn)

• Airlines
• Airports
• MROs
• Manufacturers

Geography Segment (2017-2027; US$ Mn)

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (Japan, China, India, Rest of APAC)
• Rest of the World (the Middle East & Africa, Latin America)

The current report also comprehends qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to better understand the global IoT in the aviation market. In addition, the global report also comprises a graphical representation of a competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.

Unique data points of this report

• Recent trends across different regions in terms of the development of IoT in the aviation market
• Attractive investment proposition for application segment as well as geography

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global IoT in Aviation (IoT-A) Market
2.2. Global IoT-A Market, by Component, 2018 (US$ Mn)
2.3. Global IoT-A Market, by Application, 2018 (US$ Mn)
2.4. Global IoT-A Market, by End-user, 2018 (US$ Mn)
2.5. Global IoT-A Market, by Geography, 2018 (US$ Mn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global IoT-A Market Value, 2017 – 2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global IoT in Aviation (IoT-A) Market, by Component , 2017 – 2027 (US$ Mn)
4.1. Overview
4.2. IoT Hardware
4.3. IoT Software

5. Global IoT in Aviation (IoT-A) Market, by Application , 2017 – 2027 (US$ Mn)
5.1. Overview
5.2. Ground Operations
5.3. Asset Management
5.4. Passenger Experience
5.5. Air Traffic Management

6. Global IoT in Aviation (IoT-A) Market, by End-user, 2017 – 2027 (US$ Mn)
6.1. Overview
6.2. Airlines
6.3. Airports
6.4. MROs
6.5. Manufacturers

7. North America IoT in Aviation (IoT-A) Market Analysis, 2017 – 2027 (US$ Mn)
7.1. Overview
7.1.1. North America IoT-A Market Value and Growth, 2017 – 2027, (US$ Mn)
7.2. North America IoT-A Market Value, By Component, 2017 – 2027 (US$ Mn)
7.2.1. Market Analysis
7.3. North America IoT-A Market Value, By Application, 2017 – 2027 (US$ Mn)
7.3.1. Market Analysis
7.4. North America IoT-A Market Value, By End-user, 2017 – 2027 (US$ Mn)
7.4.1. Market Analysis
7.5. North America IoT-A Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America

8. Europe IoT in Aviation (IoT-A) Market Analysis, 2017 – 2027 (US$ Mn)
8.1. Overview
8.1.1. Europe IoT-A Market Value and Growth, 2017 – 2027, (US$ Mn)
8.2. Europe IoT-A Market Value, By Component, 2017 – 2027 (US$ Mn)
8.2.1. Market Analysis
8.3. Europe IoT-A Market Value, By Application, 2017 – 2027 (US$ Mn)
8.3.1. Market Analysis
8.4. Europe IoT-A Market Value, By End-user, 2017 – 2027 (US$ Mn)
8.4.1. Market Analysis
8.5. Europe IoT-A Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe

9. Asia Pacific IoT in Aviation (IoT-A) Market Analysis, 2017 – 2027 (US$ Mn)
9.1. Overview
9.1.1. Asia Pacific IoT-A Market Value and Growth, 2017 – 2027, (US$ Mn)
9.2. Asia Pacific IoT-A Market Value, By Component, 2017 – 2027 (US$ Mn)
9.2.1. Market Analysis
9.3. Asia Pacific IoT-A Market Value, By Application, 2017 – 2027 (US$ Mn)
9.3.1. Market Analysis
9.4. Asia Pacific IoT-A Market Value, By End-user 2017 – 2027 (US$ Mn)
9.4.1. Market Analysis
9.5. Asia Pacific IoT-A Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific

10. Rest of the World IoT in Aviation (IoT-A) Market Analysis, 2017 – 2027 (US$ Mn)
10.1. Overview
10.1.1. Rest of the World IoT-A Market Value and Growth, 2017 – 2027, (US$ Mn)
10.2. Rest of the World IoT-A Market Value, By Component, 2017 – 2027 (US$ Mn)
10.2.1. Market Analysis
10.3. Rest of the World IoT-A Market Value, By Application, 2017 – 2027 (US$ Mn)
10.3.1. Market Analysis
10.4. Rest of the World IoT-A Market Value, By End-user, 2017 – 2027 (US$ Mn)
10.4.1. Market Analysis
10.5. Rest of the World IoT-A Market Value, By Region, 2017 – 2027 (US$ Mn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America

11. Company Profiles
11.1. IBM
11.2. Microsoft Corporation
11.3. Wind River Systems, Inc.
11.4. Amadeus IT Group SA
11.5. Cisco
11.6. SAP SE
11.7. Huawei Technologies Co., Ltd.
11.8. Honeywell International Inc.
11.9. Aeris
11.10. Sendum Wireless Corporation
11.11. GlobeRanger (Fujitsu)

List of Figures

FIG. 1 Global IoT in Aviation (IoT-A) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global IoT-A Market Segmentation
FIG. 4 Global IoT-A Market, by Component, 2018, (US$ Mn)
FIG. 5 Global IoT-A Market, by Application, 2018, (US$ Mn)
FIG. 5 Global IoT-A Market, by End-user, 2018, (US$ Mn)
FIG. 6 Global IoT-A Market, by Geography, 2018 (US$ Mn)
FIG. 7 Global IoT-A Market Value, 2017 – 2027, (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key IoT-A Manufacturers, 2018
FIG. 10 Global IoT-A Market Value Share, by Component, 2018 & 2027 (Value %)
FIG. 11 Global IoT-A Market Value IoT Hardware, 2017 – 2027, (US$ Mn)
FIG. 12 Global IoT-A Market Value for IoT Software, 2017 – 2027, (US$ Mn)
FIG. 10 Global IoT-A Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 15 Global IoT-A Market Value for Ground Operations, 2017 – 2027, (US$ Mn)
FIG. 16 Global IoT-A Market Value for Asset Management, 2017 – 2027, (US$ Mn)
FIG. 17 Global IoT-A Market Value for Passenger Experience, 2017 – 2027, (US$ Mn)
FIG. 18 Global IoT-A Market Value for Air Traffic Management, 2017 – 2027, (US$ Mn)
FIG. 14 Global IoT-A Market Value Share by End-user, 2018 & 2027 (Value %)
FIG. 15 Global IoT-A Market Value for Airlines, 2017 – 2027, (US$ Mn)
FIG. 16 Global IoT-A Market Value for Airports, 2017 – 2027, (US$ Mn)
FIG. 17 Global IoT-A Market Value for MROs, 2017 – 2027, (US$ Mn)
FIG. 18 Global IoT-A Market Value for Manufacturers, 2017 – 2027, (US$ Mn)
FIG. 20 North America IoT-A Market Value, 2017 – 2027, (US$ Mn)
FIG. 21 Europe IoT-A Market Value, 2017 – 2027, (US$ Mn)
FIG. 22 Asia Pacific IoT-A Market Value, 2017 – 2027, (US$ Mn)
FIG. 23 Rest of the World IoT-A Market Value, 2017 – 2027, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global IoT in Aviation (IoT-A) Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global IoT-A Market, by Component, 2017-2027, (US$ Mn)
TABLE 4 Global IoT-A Market, by Application, 2017-2027, (US$ Mn)
TABLE 5 Global IoT-A Market, by End-user, 2017 – 2027, (US$ Mn)
TABLE 6 Global IoT-A Market Value, by Region/Country, 2017 – 2027, (US$ Mn)
TABLE 7 North America IoT-A Market, by Component, 2017-2027, (US$ Mn)
TABLE 7 North America IoT-A Market, by Application, 2017-2027, (US$ Mn)
TABLE 8 North America IoT-A Market, by End-user, 2017 – 2027, (US$ Mn)
TABLE 9 North America IoT-A Market Value, by Region/Country, 2017 – 2027, (US$ Mn)
TABLE 10 Europe IoT-A Market, by Component, 2017-2027, (US$ Mn)
TABLE 10 Europe IoT-A Market, by Application, 2017-2027, (US$ Mn)
TABLE 11 Europe IoT-A Market, by End-user, 2017 – 2027, (US$ Mn)
TABLE 12 Europe IoT-A Market Value, by Region/Country, 2017 – 2027, (US$ Mn)
TABLE 13 Asia Pacific IoT-A Market, by Component, 2017-2027 (US$ Mn)
TABLE 13 Asia Pacific IoT-A Market, by Application, 2017-2027 (US$ Mn)
TABLE 14 Asia Pacific IoT-A Market, by End-user, 2017 – 2027 (US$ Mn)
TABLE 15 Asia Pacific IoT-A Market Value, by Region/Country, 2017 – 2027, (US$ Mn)
TABLE 16 Rest of the World IoT-A Market, by Component, 2017 – 2027, (US$ Mn)
TABLE 16 Rest of the World IoT-A Market, by Application, 2017 – 2027, (US$ Mn)
TABLE 17 Rest of the World IoT-A Market, by End-user, 2017 – 2027, (US$ Mn)
TABLE 18 Rest of the World IoT-A Market Value, by Region, 2017 – 2027, (US$ Mn)
TABLE 19 IBM: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 20 Microsoft Corporation: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 21 Wind River: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 22 Amadeus IT Group SA: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 23 Cisco: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 24 SAP SE: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Huawei Technologies Co., Ltd.: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 Honeywell International Inc.: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 Aeris: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Sendum Wireless Corporation: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 29 GlobeRanger: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)