Internet of Things (IoT) in Commercial Aviation

Aerospace, Defence and Security Internet of Things (IoT) in Commercial Aviation

IoT and Big Data Analytics Form the Core of the Technology Strategies of Aviation Stakeholders


RELEASE DATE
07-Dec-2023
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PFC5-01-00-00-00
SKU
AE_2023_388
Yes
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Internet of Things (IoT) in Commercial Aviation
Published on: 07-Dec-2023 | SKU: AE_2023_388

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The development and implementation of next-generation technologies, rapid advances in consumer technology, increasing shift to cloud computing, and utilization of IoT, big data, and machine learning to collect and analyze large amounts of data are transforming industry processes. The digitalization of various processes in commercial aviation has scaled up in the last decade. Commercial aviation companies increasingly focus on digitalization, hardware improvements, cost reduction for software services, and as-a-service business models.

Companies utilize data to improve their processes across functions, and IoT helps them collect real-time data reliably and transparently. Using this technology efficiently, airlines can gather real-time data to improve employee productivity and ensure a smooth, hassle-free passenger experience. The declining cost of data-transmitting sensors and beacons has enabled aviation stakeholders to integrate this technology into various functions. Airlines and airports are well known for generating and possessing vast data. Big data allows them to collect real-time data from multiple sources efficiently and extract relevant insights.

In this report, Frost & Sullivan discusses the impact of IoT in commercial aviation, including IoT focus areas by stakeholder (airlines; original equipment manufacturers; airports; and maintenance, repair, and overhaul firms), various applications (e.g., predictive operations, baggage tracking, asset management, non-aero revenue in airports, smart shop floors, sustainability), and brief case studies. We also offer stakeholders insights into the growth drivers and restraints expected to influence the industry until 2032 and some opportunities they can explore to benefit from the rising IoT implementation.

Author: Nripendra Bahadur Singh

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on IoT in the Commercial Aviation Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

IoT

IoT—Focus Areas

IoT—Focus Areas (continued)

IoT in Airports

IoT for Aircraft Health Management

Case Studies

Growth Drivers

Growth Restraints

Growth Opportunity 1—IIoT to Provide Real-time Data Acquisition and Analysis

Growth Opportunity 1—IIoT to Provide Real-time Data Acquisition and Analysis (continued)

Growth Opportunity 2—Predictive Analytics for Higher Maintenance Efficiency

Growth Opportunity 2—Predictive Analytics for Higher Maintenance Efficiency (continued)

Growth Opportunity 3—Digital Tools to Effectively Manage Disruptions

Growth Opportunity 3—Digital Tools to Effectively Manage Disruptions (continued)

List of Exhibits

Legal Disclaimer

List of Figures
  • IoT Impact on Commercial Aviation: Growth Drivers, Global, 2024–2032
  • IoT Impact on Commercial Aviation: Growth Restraints, Global, 2024–2032

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The development and implementation of next-generation technologies, rapid advances in consumer technology, increasing shift to cloud computing, and utilization of IoT, big data, and machine learning to collect and analyze large amounts of data are transforming industry processes. The digitalization of various processes in commercial aviation has scaled up in the last decade. Commercial aviation companies increasingly focus on digitalization, hardware improvements, cost reduction for software services, and as-a-service business models. Companies utilize data to improve their processes across functions, and IoT helps them collect real-time data reliably and transparently. Using this technology efficiently, airlines can gather real-time data to improve employee productivity and ensure a smooth, hassle-free passenger experience. The declining cost of data-transmitting sensors and beacons has enabled aviation stakeholders to integrate this technology into various functions. Airlines and airports are well known for generating and possessing vast data. Big data allows them to collect real-time data from multiple sources efficiently and extract relevant insights. In this report, Frost & Sullivan discusses the impact of IoT in commercial aviation, including IoT focus areas by stakeholder (airlines; original equipment manufacturers; airports; and maintenance, repair, and overhaul firms), various applications (e.g., predictive operations, baggage tracking, asset management, non-aero revenue in airports, smart shop floors, sustainability), and brief case studies. We also offer stakeholders insights into the growth drivers and restraints expected to influence the industry until 2032 and some opportunities they can explore to benefit from the rising IoT implementation. Author: Nripendra Bahadur Singh
More Information
Deliverable Type Market Research
Author Nripendra Bahadur Singh
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Commercial Aviation IoT Solutions
Keyword 2 IoT in Commercial Aviation Analysis
Keyword 3 IoT Integration in Aircraft
List of Charts and Figures IoT Impact on Commercial Aviation: Growth Drivers, Global, 2024–2032~ IoT Impact on Commercial Aviation: Growth Restraints, Global, 2024–2032~
Podcast No
WIP Number PFC5-01-00-00-00