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The Global Impact of Digital Transformation in Commercial Aviation, 2017
The Global Impact of Digital Transformation in Commercial Aviation, 2017
Capitalizing on Opportunities in the Emerging Digital Economy for Enriched Business Performance
12-Jan-2018
Global
Market Outlook
Description
Intense competition in the commercial aviation sector has led industry stakeholders to create new business models to compete heavily on price by limiting margins and improving cost efficiencies. Connected aviation is the central theme around which digital transformation initiatives are evolving to achieve the competitive advantages and differentiate in new ways. Digital transformation initiatives will continue to grow through applications such as digital flight path optimization, predictive maintenance and optimization of aircraft systems, among others. Airlines are inclined toward a passenger-centric approach to cater to the needs of the connected traveler.
Commercial aviation is going through a significant phase of transformation resulting in OEMs developing digital platforms, emerging ecosystems, and new applications. Aviation stakeholders are poised to digitally transform their businesses, and accrue benefits resulting in enhanced business performance and efficient operations through agility, greater integration of systems, and transparency at every stage. Connectivity is becoming more prevalent in the commercial aviation ecosystem, enabling the rapid increase in experimenting potential applications of artificial intelligence, big data analytics, cloud, IoT, cybersecurity, mobility and blockchain components, which are the key aspects of digital transformation across the aviation ecosystem.
As big data and connectivity reach critical thresholds, the key focus of aviation stakeholders are to leverage on the technology to achieve maximum benefits and add value. Nearly all the segments of commercial aviation are being digitally transformed, the impact of which is evident across the supply chain with improved products and services, enhanced passenger experience both in-flight and in airport, and most importantly, greater operational efficiencies across the board through reduced maintenance, operations, and services costs.
Research Scope
This research study covers the following:
- Product scope: Industry megatrends and aerospace megatrends;
- Geographic scope: Global;
- End-user scope: All industries related to the commercial aviation industry.
Research Benefits
This study will benefit those who are interested in learning about the impact of digital transformation in commercial aviation, the technological evolution that is happening, and the implications of those. This study discusses the key aspects of digital transformation and identifies areas of opportunities in the commercial aviation industry and also areas where digital transformation will potentially add value in terms of helping with the realization of digitalization in the industry. All aerospace industry participants and the rest of the industry verticals will benefit from this research as this is a visionary study investigating the big picture perspectives of digital transformation and how it is looking to revolutionize the rest of the industries across the globe. Technology companies who are looking to feed into the digital transformation megatrend across industries will also benefit from this study as they will get to understand their potential role in the future. This research is aimed at identifying transformation in the industry ecosystem and emerging growth opportunities available to market participants to convert the transformation to opportunities for revenue/market share growth.
Key Issues Addressed
- What are the key industry initiatives and their significance?
- What are the key trends within the airline domain?
- What are the key trends within the airport domain?
- What are they key trends within the downstream services domain?
- What are the key trends within the commercial aviation industry and the application areas of digital tools?
- What are the future implications of digital transformation in the commercial aviation ecosystem?
Key Conclusion
What makes our reports unique?
We provide diverse research services focused on existing and evolving markets across the aerospace, defense and security markets, covering them at global and regional levels. We provide specialist studies focused on specific product or market segments which provide a deep-dive opportunity for strategists and investors who wish to learn about the future state of any ADS market or product in terms of addressable markets, opportunities, and future disruptions.
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Project Scope
What is Digital Transformation?
Digital Transformation Framework—Business Functions
Phases of Digital Transformation
Frost & Sullivan Digital Transformation Framework
Digital Transformation will have a Profound Impact on Customer Interaction, Operational Performance and People
Strategic Imperatives for Growth in Commercial Aviation Industry— Aligning Key Objectives with Digital Transformation Strategy
5 Major Growth Opportunity Areas
Air Transportation Digital Transformation
Business Objectives in the Commercial Aviation Industry
Report Focus—Airline Passenger Management and Flight Operations
Airline Passenger Management—Digital Touch Points
Airline Passenger Management—Data Sources and Management
Airline Flight Operations
Digital Transformation
Digital Platforms
Digital Platforms (continued)
Big Data and Analytics
Cloud
Cyber Security
Augmented and Virtual Reality
Mobile
Blockchain
Digital Transformation in the Commercial Aviation Industry—Drivers and Value Creation
Passenger Growth
Passenger
Commercial Aviation Passenger Trends
Passenger Centricity
Air Traffic Movements
New Aircraft Platforms—Introduction
Next-Generation Aircraft
New Aircraft Platforms, 2016–2023
Aircraft Data Transmission—AIR to GROUND
Aircraft Communication
Cockpit Technology Transition
Aircraft Communication—COCKPIT: Key Underlying Technology
Aircraft Communication—CABIN: Key Underlying Technology
Cabin Systems Evolution
Passenger
Passenger—Efficiency programs
Air Traffic Management Efficiency Programs
Air Traffic Management Efficiency Programs (continued)
Air Traffic Management Efficiency Programs (continued)
ATM Equipment Regional Regulations as Outlined by IATA
Innovation & New Technology in Commercial Aviation
Innovation & New Technology in Commercial Aviation (continued)
IIoT in Aviation MRO & Supply Chain
Revenue Creation—Data Monetization Models
Shifting Business Models
Shifting Business Models (continued)
Shifting Business Models (continued)
Connected Aviation
Major Application Areas
Aircraft Health Management
Fleet Management
Aircraft Fuel Management
In-Flight Entertainment and Connectivity (IFEC)
Customer Relationship Management (CRM)
Route Planning
Disruption Management
Dynamic Merchandising
The Last Word
Legal Disclaimer
Six Pillars of Digital Transformation
Product
Operations
People
Information Management
Customer Journey
Corporate
Digital Solutions that Support each Pillar
Definitions
Definitions (continued)
Definitions (continued)
Definitions (continued)
Definitions (continued)
List of Exhibits
Growth dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Popular Topics
Research Scope
| Deliverable Type | Market Outlook |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Aravind Srimoolanathan |
| Industries | Aerospace, Defence and Security |
| WIP Number | MD53-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9000-A1,9AA5-C1 |