The global demand for Aviation Blockchain Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
With the growing aviation industry, the maintenance process has become complicated. In the aviation industry, the blockchain could be a possible solution to store aircraft maintenance records, maintenance logs, manufacturing details, component details, accidental records, and other sensitive information. Implementation of blockchain could be the right solution to bring efficiency and trust in the system.
Market Dynamics
The aviation blockchain market is still in its infancy. Growing awareness about Blockchain technology; that can benefit the aviation industry will drive market growth. The Blockchain technology for aviation comes with huge promises. Aerospace businesses could benefit from sharing data about aircraft history, maintenance, and operations. Blockchain technology showcases great opportunities for securing and managing data. The airline industry may shortly consider implementing blockchain to its advantage, which will ultimately help in increasing efficiency and accuracy levels. Blockchain can be useful in tracking baggage and cargo, identity verification, ticket overbooking, aircraft maintenance, automated payments, and loyalty programs.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of aviation blockchain.
Market Segmentation
The entire aviation blockchain market has been sub-categorized into end-user, application,
deployment and function. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End-User
- Airports
- Airlines
- MRO
- Manufacturers
- Lessor
By Application
- Passenger Identity Management
- Cargo & Baggage Tracking
- Flight & Crew Data Management
- Frequent Flyer Programs
- Smart Contract
- Travel Insurance
- E-ticketing & Ticket Tokenization
- Aircraft Refueling
- Airline Revenue Sharing
- Leasing
- Supply Chain Management
- Parts Tracking
- Parts Health Monitoring
- Inventory Management
- Aircraft Maintenance
By Deployment
By Function
- Record-keeping
- Transactions
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for aviation blockchain market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Aviation Blockchain Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the aviation blockchain market include IBM, Zamna Technologies, Winding Tree, Aeron Labs, Moog Inc., Filament, Infosys, Insolar Technologies, Microsoft Corporation, LeewayHertz Technologies, Volantio Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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