Press release
Aviation Blockchain Market 2020: Trends, Technology, Opportunities and forecasts by 2030 - Accenture PLC, IBM, Microsoft
Aviation blockchain is the most efficient solution that helps aircraft to store its records with optimal security and bring out transparency and trust in exchange of information. Aircraft includes vital information, such as manufacturing details, maintenance logs, components details, and several sensitive information that can be effectively stored on the public or private blockchain. With the smart contract, the stakeholders can perfectly access the records of the aircraft maintenance. Hence, the adoption and implementation of decentralized method to maintain AMRs (Aircraft Maintenance Records) is proved to be the right solution for more efficiency and more trust in system. Using blockchain for storing aircraft maintenance records can offer the following benefits.Major Key Players of the Aviation Blockchain Market are:
Accenture PLC, IBM, Microsoft Corporation, Zamna Technologies, Insolar Technologies, Loyyal Corporation, Aeron Labs, Winding Tree, Filament, Infosys, LeewayHertz Technologies, and Moog Inc, among others.
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The industry players are working closely with airport authorities to integrate blockchain technology and enable industry participants to adopt upcoming technologies in the aerospace and defense sector. For instance, in October 2019, Insolar publicized that it will partner with Oracle, Microsoft, and National Innovation Agencies of the UK, Switzerland, and Germany. The partnership with Oracle and Microsoft is for the incorporation of the Insolar platform with their respective cloud services - Oracle Cloud and Azure. With this partnership, the Insolar platform expanded its presence in Europe.
Presently, the defense aviation blockchain growth is slower as compared to the aerospace segment. The growth can be attributed to massive investments in research & development for tracing defense-related shipments & contracts, protection against cyber warfare, efficient battlefield messaging services, and creating secure government portals, among other applications.
Major Use Cases of Aviation Blockchain Market covered are:
-> Cargo & Baggage Tracking
-> Passenger Identity Management
-> Flight & Crew Data Management
-> Aircraft Maintenance
-> Inventory Management
-> Aircraft Refuelling
-> E-Ticketing
Major Applications of Aviation Blockchain Market covered are:
-> Airports
-> Airlines
-> MRO Service Providers
-> Manufacturers
Research objectives:-
– To study and analyze the global Aviation Blockchain consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Aviation Blockchain market by identifying its various sub-segments.
– Focuses on the key global Aviation Blockchain manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Aviation Blockchain with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Aviation Blockchain Market Size
2.2 Aviation Blockchain Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Aviation Blockchain Market Size by Manufacturers
3.2 Aviation Blockchain Key Players Head office and Area Served
3.3 Key Players Aviation Blockchain Product/Solution/Service
3.4 Date of Enter into Aviation Blockchain Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Aviation Blockchain Sales by Product
4.2 Global Aviation Blockchain Revenue by Product
4.3 Aviation Blockchain Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Aviation Blockchain Breakdown Data by End User
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In the end, Aviation Blockchain industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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