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Pulished Date June, 2021
ID: 11681
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Aviation Blockchain Market by application (smart contract, travel insurance, e-ticketing & ticket tokenization, aircraft refueling, airline revenue sharing leasing, passenger identity management, cargo & baggage tracking, flight & crew data management, frequent flyer programs, and supply chain management), by end market (airports, airlines, MRO, manufacturers and lessors), by deployment (public, private and hybrid), by function (record keeping and transactions) and by geography (North America region, Europe region, Asia Pacific region) 2021-2026

Pulished: June, 2021
ID: 11681
Pages: 175

Aviation Blockchain Market Share Size, and Forecast 2026:

The market value of the Aviation Blockchain Market is valued at 421 million US dollars in the year 2021 which is expected to increase the growth by 1394 million US dollars by the end of 2026 with a compound annual growth rate of 22.1% during the forecast period of 2021 to 2026. The market value of Aviation Blockchain is expected to increase more during the forecast period.

Aviation Blockchain Market Driving Factors:

An increase in the need for advanced data storage systems is one of the major driving factors of the Aviation Blockchain market growth rate.

Another major driving factor of the Aviation Blockchain market was the enhanced transparency and also traceability.

Reduced costs and transactional complexities are some of the growth-supporting factors of the market of Aviation Blockchain revenue rate.

Another major growth driving factor of the Aviation Blockchain market was the increase of multiple applications of blockchain.

Increasing investments by the companies from emerging economies such as India, Brazil, and China for new product innovation as well as public safety and growing use of the Internet of Things boosts the growth of the market of Aviation Blockchain.

Integration of blockchain with other upcoming aviation technologies is one of the factors which propel the growth of the market of Aviation Blockchain revenue rate during the forecast period.

Reduced complexity in transactions, improved passenger experience are some of the major driving factors of the Aviation Blockchain market.

The increasing of government initiatives to digitalize business processes is also one of the major driving factors which propel the growth of the aviation blockchain market revenue rate.

Aviation Blockchain Market Challenges:

High maintenance cost is one of the major restraints which hinder the growth of the Aviation Blockchain Market.

Another major restraint that is affecting the growth of the Aviation Blockchain market was the competition from various major key players.

Stringent government regulations are also one of the major restraints which hinder the growth of the Aviation Blockchain market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

22.1%

Segments Covered

Basis of end market, Basis of application, Basis of deployment, Basis of function

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Winding Tree (Switzerland), Volantio Inc (US), Filament (US), Infosys (India), Microsoft Corporation (US), IBM (US), Zamna Technologies (UK), Aeron Labs (Belize), Insolar Technologies (Switzerland), LeewayHertz Technologies (US), and Moog Inc. (US).

Aviation Blockchain Market Segmentation:

The Aviation Blockchain market is segmented on the basis of end market, on the basis of application, on the basis of deployment, and on the basis of function.

On the basis of end market, the Aviation Blockchain market is segmented into airports, airlines, MRO, manufacturers, and lessors. Among these segments, the airline's segment holds the major share of the market among the others due to the accurate view of an aircraft configuration and maintenance could help reduce costs.

On the basis of application, the Aviation Blockchain market is divided into passenger identity management, cargo & baggage tracking, flight & crew data management, frequent flyer programs, smart contract, airline revenue sharing leasing, and supply chain management. Among these segments, the passenger identity management segment holds the major share of the market.

On the basis of deployment, the Aviation Blockchain market is bifurcated into public, private, and hybrid. Among these segments, the private deployment segment holds the major share of the market among the others.

On the basis of function, the Aviation Blockchain market is bifurcated into two types namely record keeping and transactions. Among these segments, the record-keeping segment holds a major share of the market than the other segments.

Regional Analysis:

The Aviation Blockchain market is elaborated in various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Asia Pacific region (Japan, China, India, Australia and rest of Asia Pacific), European region (Germany, Spain, France,  Italy, UK, and rest of Europe).

North America region holds the major share of the market due to the factors such as the increasing adoption of technology by airlines and airports in the region especially in some of the emerging economies such as the United States and Canada. Furthermore, increasing of investments and development by the major key players in some of the emerging economies such as US and Canada is also one of the major driving factor propels the growth of the market of Aviation Blockchains in North America region. This North America region is expected to hold the dominance of the market during the forecast period.

Asia Pacific region holds the second-largest share of the market of Aviation Blockchains owing to the Integration of blockchain with other upcoming aviation technologies. Furthermore, increasing of investments by the companies from emerging economies such as India, Brazil, and China for new product innovation are some of the factors which is helping the market of Aviation Blockchains to grow further in the Asia Pacific region.

Europe region is expected to increase the Aviation Blockchain market shares owing to the increase in the need for advanced data storage systems, and growing government initiatives to digitalize business processes propels the growth of the market in the Europe region.

Covid 19 Impact on the Aviation Blockchain Market:

COVID 19 has impacted negatively on the development of the market growth. Disruptions in the supply chain were the main reason for the downfall of the market shares. However, the world is coming into a normal state slowly with some preventive measures. This shows that the market shares rise enormously within no span.

Key Market Players:

Some of the key market players of Aviation Blockchain market are Winding Tree (Switzerland), Volantio Inc (US), Filament (US), Infosys (India), Microsoft Corporation (US), IBM (US), Zamna Technologies (UK), Aeron Labs (Belize), Insolar Technologies (Switzerland), LeewayHertz Technologies (US), and Moog Inc. (US).

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods  

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Aviation Blockchain Market, By Application                  

                                6.1.1 smart contract       

                                6.1.2 travel insurance    

                                6.1.3 e-ticketing & ticket tokenization    

                                6.1.4 aircraft refueling  

                                6.1.5 airline revenue sharing leasing       

                                6.1.6 passenger identity management   

                                6.1.7 cargo & baggage tracking  

                                6.1.8 flight & crew data management    

                                6.1.9 frequent flyer programs    

                                6.1.10 supply chain management            

         6.1.11 Market Size Estimations & Forecasts (2021-2026) 

                                6.1.12 Y-o-Y Growth Rate Analysis           

                                6.1.13 Market Attractiveness Index        

                6.2 Aviation Blockchain Market, By End Market                 

                                6.2.1 airports    

                                6.2.2 airlines      

                                6.2.3 MRO          

                                6.2.4 manufacturers      

                                6.2.5 lessors      

            6.2.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.7 Y-o-Y Growth Rate Analysis              

                                6.2.8 Market Attractiveness Index           

                6.3 Aviation Blockchain Market, By Deployment               

                                6.3.1 public        

                                6.3.2 private      

                                6.3.3 hybrid       

   6.3.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.5 Y-o-Y Growth Rate Analysis              

                                6.3.6 Market Attractiveness Index           

                6.4 Aviation Blockchain Market, By Function                       

                                6.4.1 record keeping     

                                6.4.2 transactions           

  6.4.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.4.4 Y-o-Y Growth Rate Analysis              

                                6.4.5 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2021- 2026)    

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Application       

                                7.2.3 By End Market      

                                7.2.4 By Deployment     

                                7.2.5 By Function            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Application       

                                7.3.3 By End Market      

                                7.3.4 By Deployment     

                                7.3.5 By Function            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Application       

                                7.4.3 By End Market      

                                7.4.4 By Deployment     

                                7.4.5 By Function            

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Application       

                                7.5.3 By End Market      

                                7.5.4 By Deployment     

                                7.5.5 By Function            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Application       

                                7.6.3 By End Market      

                                7.6.4 By Deployment     

                                7.6.5 By Function            

8. Key Player Analysis                                    

                8.1 Winding Tree (Switzerland)                 

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Volantio Inc (US)                      

                8.3 Filament (US)                            

                8.4 Infosys (India)                           

                8.5 Microsoft Corporation (US)                 

                8.6 IBM (US)                     

                8.7 Zamna Technologies (UK)                    

                8.8 Aeron Labs (Belize)                 

                8.9 Insolar Technologies (Switzerland)                   

                8.10 LeewayHertz Technologies (US)                      

                8.11 Moog Inc. (US)                       

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Aviation Blockchain Market By Region, From 2021-2026 ( USD Billion )
  2. Global Aviation Blockchain Market By Application, From 2021-2026 ( USD Billion )
  3. Global smart contract Market By Region, From 2021-2026 ( USD Billion )
  4. Global travel insurance Market By Region, From 2021-2026 ( USD Billion )
  5. Global e-ticketing & ticket tokenization Market By Region, From 2021-2026 ( USD Billion )
  6. Global aircraft refueling Market By Region, From 2021-2026 ( USD Billion )
  7. Global airline revenue sharing leasing Market By Region, From 2021-2026 ( USD Billion )
  8. Global passenger identity management Market By Region, From 2021-2026 ( USD Billion )
  9. Global cargo & baggage tracking Market By Region, From 2021-2026 ( USD Billion )
  10. Global flight & crew data management Market By Region, From 2021-2026 ( USD Billion )
  11. Global frequent flyer programs Market By Region, From 2021-2026 ( USD Billion )
  12. Global supply chain management Market By Region, From 2021-2026 ( USD Billion )
  13. Global Aviation Blockchain Market By End Market, From 2021-2026 ( USD Billion )
  14. Global airports Market By Region, From 2021-2026 ( USD Billion )
  15. Global airlines Market By Region, From 2021-2026 ( USD Billion )
  16. Global MRO Market By Region, From 2021-2026 ( USD Billion )
  17. Global manufacturers  Market By Region, From 2021-2026 ( USD Billion )
  18. Global lessors Market By Region, From 2021-2026 ( USD Billion )
  19. Global Aviation Blockchain Market By deployment , From 2021-2026 ( USD Billion )
  20. Global public Market By Region, From 2021-2026 ( USD Billion )
  21. Global private  Market By Region, From 2021-2026 ( USD Billion )
  22. Global hybrid Market By Region, From 2021-2026 ( USD Billion )
  23. Global Aviation Blockchain Market By function , From 2021-2026 ( USD Billion )
  24. Global record keeping Market By Region, From 2021-2026 ( USD Billion )
  25. Global transactions Market By Region, From 2021-2026 ( USD Billion )

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