Global Aviation Analytics Market Size, Trends and Growth Opportunity, By Component (Services, Solutions), By Deployment (Cloud, On-Premise), By Business Function (Finance, Operations, Maintenance and Repair, Sales and Marketing, Supply Chain, Others), By Application (Flight Risk Management, Fuel Management, Rout Management, Fleet Management, Inventory Management, Wealth Management, Performance Monitoring, Inspection, Predictive Analysis, Part Replacement, Supply Chain Planning, Energy Management, Emergency Management, Mobility and Functionality, Others), By End User (Original Equipment Manufacturers, Airlines, Airports, Maintenance Repair and Overhaul), By Region and forecast till 2027.
Report ID : IR100641 | Industries : Automotive and Transportation | Published On :November 2024 | Page Count : 5
Global Aviation Analytics Market Size, Trends and Growth Opportunity, By Component (Services, Solutions), By Deployment (Cloud, On-Premise), By Business Function (Finance, Operations, Maintenance and Repair, Sales and Marketing, Supply Chain, Others), By Application (Flight Risk Management, Fuel Management, Rout Management, Fleet Management, Inventory Management, Wealth Management, Performance Monitoring, Inspection, Predictive Analysis, Part Replacement, Supply Chain Planning, Energy Management, Emergency Management, Mobility and Functionality, Others), By End User (Original Equipment Manufacturers, Airlines, Airports, Maintenance Repair and Overhaul), By Region and forecast till 2027.
Global Aviation Analytics Market
Global Aviation Analytics Market was valued at USD 2.02 billion in 2021 and is slated to reach at USD 4.14 billion by 2027 at a CAGR of 2.7 % from 2022-2027.
The technology utilised by airports to acquire comprehensive and coordinated information, statistics, aircraft route data, and weather forecasts is known as aviation analytics. The end user can also use analytics tools to make smarter judgments.
Market Drivers
The key driver of market expansion over the anticipated period will be the increasing demand for airport analytics from a variety of end users, including original equipment manufacturers and others. Because it has decreased production and management expenses as well as costs associated with areas like fuel requirements and baggage charges, the market has seen significant profit increases as a result of the use of aviation analytics. With the use of data analytics and the creation of the flight or aircraft, the systems determine how much fuel is required. Over the anticipated time, these elements are fueling the aviation analytics market's expansion. An essential aspect fueling the market's expansion during the anticipated period is the expanding global air passenger population. Recent years have seen an increase in demand for aviation analytics solutions due to the increased popularity of air travel. Over the anticipated period, these elements are fueling the
market's expansion.
Big data analytics are increasingly being used for the management of massive amounts of crucial data as a result of the development of vast quantities of data in aviation analytics. To manage and process the created data, cutting-edge technologies like artificial intelligence, machine learning, and big data analytics are being deployed. Due to their expanding usage among multiple end users, these technologies are being used more frequently globally. Over the anticipated time, all these aspects generate a number of lucrative growth chances for the aviation analytics market.
Market Restraints
The need for improved data modelling methods is one of the obstacles to market expansion. The high cost of the improved model's deployment and maintenance adds to the aircrafts' overall cost, restricting market expansion. The aviation analytics industry will face obstacles due to a lack of qualified individuals needed to achieve improved management and technological facilities within the anticipated time frame. Over the foreseeable period, it is anticipated that this component will present a problem.
Market segmentation
Global Aviation Analytics Market is segmented into Component, Deployment, Business Function, Application, and End User. By Component such as Services, Solutions. By Deployment such as Cloud, On-Premise. By Business Function such as Finance, Operations, Maintenance and Repair, Sales and Marketing, Supply Chain, Others. By Application such as Flight Risk Management, Fuel Management, Rout Management, Fleet Management, Inventory Management, Wealth Management, Performance Monitoring, Inspection, Predictive Analysis, Part Replacement, Supply Chain Planning, Energy Management, Emergency Management, Mobility and Functionality, Others. By End-User such as Original Equipment Manufacturers, Airlines, Airports, Maintenance Repair and Overhaul.
Regional Analysis
Global Aviation Analytics Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America now has a dominant position in the aviation analytics market, due to increased acceptance of updating the fleet of aircraft and inclusion of cutting-edge technologies like big data analytics, artificial intelligence, and others in the area. Given aviation analytics are being more widely used in the region, Asia-Pacific is anticipated to experience considerable growth during the projected period.
Key Players
This report includes a list of numerous Key Players, namely Amazon Web Services, Inc. (U.S.), Cloudflare, Inc. (U.S.), Google (U.S.), IBM (U.S.), Microsoft (U.S.), Hitachi Ltd., (Japan), Huawei Technologies Co., Ltd (China), Intel Corporation (U.S.), Oracle (U.S.), Fujitsu (Japan).
Market Taxonomy
By Component
• Services
• Solutions
By Deployment
• Cloud
• On-Premise
By Business Function
• Finance
• Operations
• Maintenance and Repair
• Sales and Marketing
• Supply Chain
• Others
By Application
• Flight Risk Management
• Fuel Management
• Rout Management
• Fleet Management
• Inventory Management
• Wealth Management
• Performance Monitoring
• Inspection
• Predictive Analysis
• Part Replacement
• Supply Chain Planning
• Energy Management
• Emergency Management
• Mobility and Functionality
• Others
By End User
• Original Equipment Manufacturers
• Airlines
• Airports
• Maintenance Repair and Overhaul
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Aviation Analytics Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aviation Analytics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aviation Analytics Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Aviation Analytics Market Share Analysis, By Component
5.3 Global Aviation Analytics Market Size and Forecast, By Component
5.3.1 Services
5.3.2 Solutions
6 Global Aviation Analytics Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Aviation Analytics Market Share Analysis, By Application
6.3 Global Aviation Analytics Market Size and Forecast, By Application
6.3.1 Flight Risk Management
6.3.2 Fuel Management
6.3.3 Rout Management
6.3.4 Fleet Management
6.3.5 Inventory Management
6.3.6 Wealth Management
6.3.7 Performance Monitoring
6.3.8 Inspection
6.3.9 Predictive Analysis
6.3.10 Part Replacement
6.3.11 Supply Chain Planning
6.3.12 Energy Management
6.3.13 Emergency Management
6.3.14 Mobility and Functionality
6.3.15 Others
7 Global Aviation Analytics Market, By Deployment
7.1 Y-o-Y Growth Comparison, By Deployment
7.2 Global Aviation Analytics Market Share Analysis, By Deployment
7.3 Global Aviation Analytics Market Size and Forecast, By Deployment
7.3.1 Cloud
7.3.2 On-Premise
8 Global Aviation Analytics Market, By Business Function
8.1 Y-o-Y Growth Comparison, By Business Function
8.2 Global Aviation Analytics Market Share Analysis, By Business Function
8.3 Global Aviation Analytics Market Size and Forecast, By Business Function
8.3.1 Finance
8.3.2 Operations
8.3.3 Maintenance and Repair
8.3.4 Sales and Marketing
8.3.5 Supply Chain
8.3.6 Others
9 Global Aviation Analytics Market, By End-User
9.1 Y-o-Y Growth Comparison, By End-User
9.2 Global Aviation Analytics Market Share Analysis, By End-User
9.3 Global Aviation Analytics Market Size and Forecast, By End-User
9.3.1 Original Equipment Manufacturers
9.3.2 Airlines
9.3.3 Airports
9.3.4 Maintenance Repair and Overhaul
10 Global Aviation Analytics Market, By Region
10.1 Global Aviation Analytics Market Share Analysis, By Region
10.2 Global Aviation Analytics Market Share Analysis, By Region
10.3 Global Aviation Analytics Market Size and Forecast, By Region
10 North America Aviation Analytics Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 North America Aviation Analytics Market Share Analysis, By Component
11.3 North America Aviation Analytics Market Size and Forecast, By Application
11.4 North America Aviation Analytics Market Size and Forecast, By Deployment
11.5 North America Aviation Analytics Market Size and Forecast, By Business Function
11.6 North America Aviation Analytics Market Size and Forecast, By End-User
11.7 North America Aviation Analytics Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 Europe Aviation Analytics Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Europe Aviation Analytics Market Share Analysis, By Component
12.3 Europe Aviation Analytics Market Size and Forecast, By Application
12.4 Europe Aviation Analytics Market Size and Forecast, By Deployment
12.5 Europe Aviation Analytics Market Size and Forecast, By Business Function
12.6 Europe Aviation Analytics Market Size and Forecast, By End-User
12.7 Europe Aviation Analytics Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Aviation Analytics Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Asia Pacific Aviation Analytics Market Share Analysis, By Component
13.3 Asia Pacific Aviation Analytics Market Size and Forecast, By Application
13.4 Asia Pacific Aviation Analytics Market Size and Forecast, By Deployment
13.5 Asia Pacific Aviation Analytics Market Size and Forecast, By Business Function
13.6 Asia Pacific Aviation Analytics Market Size and Forecast, By End-User
13.7 Asia Pacific Aviation Analytics Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4 Rest of Asia Pacific
13 Latin America Aviation Analytics Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Latin America Aviation Analytics Market Share Analysis, By Component
14.3 Latin America Aviation Analytics Market Size and Forecast, By Application
14.4 Latin America Aviation Analytics Market Size and Forecast, By Deployment
14.5 Latin America Aviation Analytics Market Size and Forecast, By Business Function
14.6 Latin America Aviation Analytics Market Size and Forecast, By End-User
14.7 Latin America Aviation Analytics Market Size and Forecast, Country
14.7.1 Brazil
14.7.2 Rest of Latin America
15 Middle East Aviation Analytics Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Middle East Aviation Analytics Market Share Analysis, By Component
15.3 Middle East Aviation Analytics Market Size and Forecast, By Application
15.4 Middle East Aviation Analytics Market Size and Forecast, By Deployment
15.5 Middle East Aviation Analytics Market Size and Forecast, By Business Function
15.6 Middle East Aviation Analytics Market Size and Forecast, By End-User
15.7 Middle East Aviation Analytics Market Size and Forecast, By Country
15.7.1 Saudi Arabia
15.7.2 UAE
15.7.3 Egypt
15.7.4 Kuwait
15.7.5 South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Amazon Web Services, Inc.
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. Cloudflare, Inc.
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. Google
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 IBM
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Microsoft
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Hitachi Ltd.,
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Huawei Technologies Co., Ltd
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Intel Corporation
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Oracle
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Fujitsu
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies