Aviation Blockchain Market
PUBLISHED: 2020 ID: SMRC19562
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Aviation Blockchain Market

Aviation Blockchain - Global Market Outlook (2019 -2027)

4.5 (96 reviews)
4.5 (96 reviews)
Published: 2020 ID: SMRC19562

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Aviation Blockchain Market is accounted for $414.10 million in 2019 and is expected to reach $1,792.48 million by 2027 growing at a CAGR of 20.1% during the forecast period. While the factors like, increased transparency and traceability, and reduced costs and transactional complexities are driving the growth of the market. However, lack of regulations and general standards is hampering the market growth.

Aviation Blockchain is resistant to conversion of the data. It is an open, distributed ledger that can record connections between two parties economically and in a verifiable and permanent way. For use as a distributed ledger, a blockchain is normally managed by a peer-to-peer network together adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which need consensus of the network majority.

Based on the application, the passenger identity management segment is estimated to have a lucrative growth owing to the use of biometrics in the aviation industry for traveller processing offers opportunities to collect data for airlines and airports.

By geography, North America is going to have a lucrative growth during the forecast period due to the growing adoption of technology by airlines and airports is one of the main factors impacting the growth rate of this region. The presence of main airports and key industry participants in the region is likely to impel the market.

Some of the key players profiled in the Aviation Blockchain Market include Zamna Technologies Limited, AVINOC Ltd, Infosys Limited, LeewayHertz, Loyyal, Microsoft Corporation, SITA, TrustaBit, Winding Tree, Aeron Labs, Volantio Inc, Sweetbridge, Inc., Skybuys, Insolar Technologies and Olistics.  

Functions Covered:
• Transactions
• Record-keeping

Deployments Covered:
• Hybrid
• Private
• Public   

Applications Covered:
• Aircraft Maintenance
• Cargo & Baggage Tracking
• Flight & Crew Data Management
• Frequent Flyer Programs
• Passenger Identity Management
• Smart Contracts
• Supply Chain Management

End Users Covered:
• Military Aviation
• Civil & Commercial Aviation

End Markets Covered:
• Airlines
• Airports
• Lessors
• Manufacturers
• MRO Service Providers

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

Table of Contents

1 Executive Summary         
           
2 Preface      
   
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Application Analysis        
 3.7 End User Analysis        
 3.8 Emerging Markets        
 3.9 Impact of Covid-19        
          
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Aviation Blockchain Market, By Function          
 5.1 Introduction        
 5.2 Transactions        
 5.3 Record-keeping        
          
6 Global Aviation Blockchain Market, By Deployment         
 6.1 Introduction        
 6.2 Hybrid        
 6.3 Private        
 6.4 Public        
           
7 Global Aviation Blockchain Market, By Application         
 7.1 Introduction        
 7.2 Aircraft Maintenance        
 7.3 Cargo & Baggage Tracking        
 7.4 Flight & Crew Data Management        
 7.5 Frequent Flyer Programs        
 7.6 Passenger Identity Management        
 7.7 Smart Contracts        
  7.7.1 Airline Revenue Sharing       
  7.7.2 E-Ticketing & Ticket Tokenization       
  7.7.3 Travel Insurance       
  7.7.4 Aircraft Refueling       
  7.7.5 Leasing       
 7.8 Supply Chain Management        
  7.8.1 Parts Health Monitoring       
  7.8.2 Parts Tracking       
  7.8.3 Inventory Management       
          
8 Global Aviation Blockchain Market, By End User         
 8.1 Introduction        
 8.2 Military Aviation        
 8.3 Civil & Commercial Aviation        
          
9 Global Aviation Blockchain Market, By End Market         
 9.1 Introduction        
 9.2 Airlines        
 9.3 Airports        
 9.4 Lessors        
 9.5 Manufacturers        
 9.6 MRO Service Providers        
          
10 Global Aviation Blockchain Market, By Geography         
 10.1 Introduction        
 10.2 North America        
  10.2.1 US       
  10.2.2 Canada       
  10.2.3 Mexico       
 10.3 Europe        
  10.3.1 Germany       
  10.3.2 UK       
  10.3.3 Italy       
  10.3.4 France       
  10.3.5 Spain       
  10.3.6 Rest of Europe       
 10.4 Asia Pacific        
  10.4.1 Japan       
  10.4.2 China       
  10.4.3 India       
  10.4.4 Australia       
  10.4.5 New Zealand       
  10.4.6 South Korea       
  10.4.7 Rest of Asia Pacific       
 10.5 South America        
  10.5.1 Argentina       
  10.5.2 Brazil       
  10.5.3 Chile       
  10.5.4 Rest of South America       
 10.6 Middle East & Africa        
  10.6.1 Saudi Arabia       
  10.6.2 UAE       
  10.6.3 Qatar       
  10.6.4 South Africa       
  10.6.5 Rest of Middle East & Africa       
          
11 Key Developments         
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 11.2 Acquisitions & Mergers        
 11.3 New Product Launch        
 11.4 Expansions        
 11.5 Other Key Strategies        
          
12 Company Profiling         
 12.1 Zamna Technologies Limited         
 12.2 AVINOC Ltd        
 12.3 Infosys Limited        
 12.4 LeewayHertz        
 12.5 Loyyal        
 12.6 Microsoft Corporation        
 12.7 SITA        
 12.8 TrustaBit        
 12.9 Winding Tree        
 12.10 Aeron Labs        
 12.11 Volantio Inc        
 12.12 Sweetbridge, Inc.        
 12.13 Skybuys        
 12.14 Insolar Technologies        
 12.15 Olistics        


List of Tables          
1 Global Aviation Blockchain Market Outlook, By Region (2018-2027) ($MN)          
2 Global Aviation Blockchain Market Outlook, By Function (2018-2027) ($MN)         
3 Global Aviation Blockchain Market Outlook, By Transactions (2018-2027) ($MN)         
4 Global Aviation Blockchain Market Outlook, By Record-keeping (2018-2027) ($MN)         
5 Global Aviation Blockchain Market Outlook, By Deployment (2018-2027) ($MN)         
6 Global Aviation Blockchain Market Outlook, By Hybrid (2018-2027) ($MN)         
7 Global Aviation Blockchain Market Outlook, By Private (2018-2027) ($MN)         
8 Global Aviation Blockchain Market Outlook, By Public (2018-2027) ($MN)         
9 Global Aviation Blockchain Market Outlook, By Application (2018-2027) ($MN)         
10 Global Aviation Blockchain Market Outlook, By Aircraft Maintenance (2018-2027) ($MN)         
11 Global Aviation Blockchain Market Outlook, By Cargo & Baggage Tracking (2018-2027) ($MN)         
12 Global Aviation Blockchain Market Outlook, By Flight & Crew Data Management (2018-2027) ($MN)         
13 Global Aviation Blockchain Market Outlook, By Frequent Flyer Programs (2018-2027) ($MN)         
14 Global Aviation Blockchain Market Outlook, By Passenger Identity Management (2018-2027) ($MN)         
15 Global Aviation Blockchain Market Outlook, By Smart Contracts (2018-2027) ($MN)         
16 Global Aviation Blockchain Market Outlook, By Airline Revenue Sharing (2018-2027) ($MN)         
17 Global Aviation Blockchain Market Outlook, By E-Ticketing & Ticket Tokenization (2018-2027) ($MN)         
18 Global Aviation Blockchain Market Outlook, By Travel Insurance (2018-2027) ($MN)         
19 Global Aviation Blockchain Market Outlook, By Aircraft Refueling (2018-2027) ($MN)         
20 Global Aviation Blockchain Market Outlook, By Leasing (2018-2027) ($MN)         
21 Global Aviation Blockchain Market Outlook, By Supply Chain Management (2018-2027) ($MN)         
22 Global Aviation Blockchain Market Outlook, By Parts Health Monitoring (2018-2027) ($MN)         
23 Global Aviation Blockchain Market Outlook, By Parts Tracking (2018-2027) ($MN)         
24 Global Aviation Blockchain Market Outlook, By Inventory Management (2018-2027) ($MN)         
25 Global Aviation Blockchain Market Outlook, By End User (2018-2027) ($MN)         
26 Global Aviation Blockchain Market Outlook, By Military Aviation (2018-2027) ($MN)         
27 Global Aviation Blockchain Market Outlook, By Civil & Commercial Aviation (2018-2027) ($MN)         
28 Global Aviation Blockchain Market Outlook, By End Market (2018-2027) ($MN)         
29 Global Aviation Blockchain Market Outlook, By Airlines (2018-2027) ($MN)         
30 Global Aviation Blockchain Market Outlook, By Airports (2018-2027) ($MN)         
31 Global Aviation Blockchain Market Outlook, By Lessors (2018-2027) ($MN)         
32 Global Aviation Blockchain Market Outlook, By Manufacturers (2018-2027) ($MN)         
33 Global Aviation Blockchain Market Outlook, By MRO Service Providers (2018-2027) ($MN)         
          
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.          

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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