Aviation Analytics Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185555

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185555

Aviation Analytics Market

Growth Factors of Aviation Analytics Market

The aviation analytics market size was valued at USD 2.34 billion in 2023, and the market is now projected to grow from USD 2.58 billion in 2024 to USD 7.45 billion by 2032, exhibiting a CAGR of 14.15% during the forecast period of 2024-2032.

Pandemic has significantly impacted aviation analytics, causing a decline in demand across all regions. These technologies help airports gather comprehensive information, statistics, and flight route data, enabling better planning and decision-making. They are used by airlines for continuous improvement, business decisions, and efficient workflows. Emerging technologies are propelling the aviation industry to new heights by meeting client expectations, providing real-time performance dashboards, and enabling predictive maintenance. The economic downturn has moderated the purchase of new aircraft in several countries.

Airport analytics have reduced expenditures, including fuel and luggage loss. Airlines use Al systems with machine learning algorithms to assess flight data, including route lengths and altitudes, aircraft type and weight, and weather conditions. Data-driven systems determine the optimal fuel quantity for a flight. To cut operational costs, airlines have begun to implement sophisticated solutions. This is projected to accelerate the global aviation analytics market growth.

Big data analytics offers airlines real-time responses to market demands, improved planning, and better performance monitoring, leading to lower operating costs, increased competitiveness, and profit margins. In September 2020, corsair signed a contract with Airbus' Skywise for a predictive maintenance system, a first-of-its-kind open data platform for the aviation sector. Skywise Predictive Maintenance, a combination of aircraft connectivity and engineering competence, significantly reduced operational interruptions and costs. Many airlines have seen significant market share and cost savings due to big data analytics, leading to increased demand for applications like fuel efficiency, demand forecasting, performance measurement, smart maintenance, and customer segmentation.

Comprehensive Analysis of Aviation Analytics Market

The market for airport analytics software is segmented into finance, operations, sales & marketing, and others. The finance segment is expected to dominate the market, focusing on revenue, costs, profitability, and key financial ratios. The operations segment is expected to experience moderate growth, covering areas like passenger traffic, on-time performance, and aviation safety. The customer analytics segment is expected to grow the fastest, driven by airports investing in customer-centricity. Navigation services are expected to be the second-highest growing segment, providing cockpit optimization solutions and flight tracking functions. The flight risk management segment is expected to grow moderately due to increased demand for safety enhancement and operational issues. The fuel management segment is expected to grow, driven by increased demand for supply chain planning and inventory management services. The end-user segment is divided into aftermarket and OEM, with the OEM market dominating the market from 2024-2032.

The North America region lead the aviation analytics market share by benefitting a market size of USD 799.2 million in 2023 due to vast fleet, high number of operators, and need for innovation. Key companies inside the aviation analytics marketplace, together with Honeywell International, Inc., Collins Aerospace, Boeing, General Electric, IBM, Oracle, and L3 Harris Technologies, Inc., are expected to drive growth.

Boeing AnalytX is a collection of software and consulting offerings that assist airlines improve performance, allocate assets, and decrease prices by using analysing operational facts. The corporation gives three classes of analytics-enabled services and products: digital solutions, analytics consulting offerings, and self-provider analytics. In February 2020, Vistara, an Indian airline, contracted Boeing AnalytX for its Maintenance Performance Toolbox and Airplane Health Management tools for the new 787-9 aircraft. In June 2021, Air Peace and EnterAir joined a global roster of 105 Airplane Health Management (AHM) customers.

In July 2020, PASSUR Aerospace, Inc. and Aireon partnered to provide global aviation data analytics, collaboration, and digital decision support solutions. This is the first air traffic optimization platform to provide operational-quality surface surveillance and airfield management solutions globally and in space.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 14.15% from 2024 to 2032

Unit Value (USD Billion)

Segmentation

By Function

- Finance

- Operations

- Sales & Marketing

- Others

By Application

- Fuel Management

- Flight Risk Management

- Customer Analytics

- Navigation Service

- Others

By Products

- Services

- Solutions

By End-Use

- Aftermarket

- OEM

By Geography

- North America (By Fun Function, Application, Product, End-use, and Country)

U.S. (By Application)
Canada (By Application)
Mexico (By Application)

- Europe (By Function, Application, Product, End-use, and Country)

U.K. (By Application)
Germany (By Application)
France (By Application)
Russia (By Application)
Rest of Europe (By Application)

- Asia-Pacific (By Function, Application, Product, End-use, and Country)

Japan (By Application)
China (By Application)
India (By Application)
Australia (By Application)
South Korea (By Application)
Rest of Asia-Pacific (By Application)

- Middle-East (By Function, Application, Product, End-use, and Country)

UAE (By Application)
Saudi Arabia (By Application)
Rest of the Middle East (By Application)

- Rest of the world (By Function, Application, Product, End-use, and Country)

Africa (By Application)
Latin America (By Application)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships; 4.2. Latest technological Advancements; 4.3. Porters Five Forces Analysis; 4.4. Supply Chain Analysis
5. Global Aviation Analytics Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Definitions; 5.2. Market Analysis, Insights and Forecast – By Function; 5.2.1. Function; 5.2.2. Operation; 5.2.3. Sales & Marketing; 5.2.4. Others; 5.3. Market Analysis, Insights and Forecast – By Application; 5.3.1. Fuel Management; 5.3.2. Flight risk management; 5.3.3. Customer Analytics; 5.3.4. Navigation Services; 5.3.5. Others; 5.4. Market Analysis, Insights and Forecast – By Product; 5.4.1. Service; 5.4.2. Solution; 5.5. Market Analysis, Insights and Forecast – By End-Use; 5.5.1. OEM; 5.5.2. Aftermarket; 5.6. Market Analysis, Insights and Forecast – By Region; 5.6.1. North America; 5.6.2. Europe; 5.6.3. Asia-pacific; 5.6.4. Middle East; 5.6.5. Rest of the world
6. North America Aviation Analytics Market Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast – By Function; 6.1.1. Function; 6.1.2. Operation; 6.1.3. Sales & Marketing; 6.1.4. Others; 6.2. Market Analysis, Insights and Forecast – By Application; 6.2.1. Fuel Management; 6.2.2. Flight risk management; 6.2.3. Customer Analytics; 6.2.4. Navigation Services; 6.2.5. Others; 6.3. Market Analysis, Insights and Forecast – By Product; 6.3.1. Service; 6.3.2. Solution; 6.4. Market Analysis, Insights and Forecast – By End-Use; 6.4.1. OEM; 6.4.2. Aftermarket; 6.5. Market Analysis – By Country; 6.5.1. The U.S.; 6.5.1.1. Market Analysis, Insights and Forecast – By Application; 6.5.1.1.1. Fuel Management; 6.5.1.1.2. Flight risk Management; 6.5.1.1.3. Customer Analytics; 6.5.1.1.4. Navigation Services; 6.5.1.1.5. Others; 6.5.2. Canada; 6.5.2.1. Market Analysis, Insights and Forecast – By Application; 6.5.2.1.1. Fuel Management; 6.5.2.1.2. Flight risk Management; 6.5.2.1.3. Customer Analytics; 6.5.2.1.4. Navigation Services; 6.5.2.1.5. Others; 6.5.3. Mexico; 6.5.3.1. Market Analysis, Insights and Forecast – By Application; 6.5.3.1.1. Fuel Management; 6.5.3.1.2. Flight risk Management; 6.5.3.1.3. Customer Analytics; 6.5.3.1.4. Navigation Services; 6.5.3.1.5. Others
7. Europe Aviation Analytics Market Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast – By Function; 7.1.1. Function; 7.1.2. Operation; 7.1.3. Sales & Marketing; 7.1.4. Others; 7.2. Market Analysis, Insights and Forecast – By Application; 7.2.1. Fuel Management; 7.2.2. Flight risk management; 7.2.3. Customer Analytics; 7.2.4. Navigation Services; 7.2.5. Others; 7.3. Market Analysis, Insights and Forecast – By Product; 7.3.1. Service; 7.3.2. Solution; 7.4. Market Analysis, Insights and Forecast – By End-Use; 7.4.1. OEM; 7.4.2. Aftermarket; 7.5. Market Analysis – By Country; 7.5.1. The U.K.; 7.5.1.1. Market Analysis, Insights and Forecast – By Application; 7.5.1.1.1. Fuel Management; 7.5.1.1.2. Flight risk Management; 7.5.1.1.3. Customer Analytics; 7.5.1.1.4. Navigation Services; 7.5.1.1.5. Others; 7.5.2. Germany; 7.5.2.1. Market Analysis, Insights and Forecast – By Application; 7.5.2.1.1. Fuel Management; 7.5.2.1.2. Flight risk Management; 7.5.2.1.3. Customer Analytics; 7.5.2.1.4. Navigation Services; 7.5.2.1.5. Others; 7.5.3. France; 7.5.3.1. Market Analysis, Insights and Forecast – By Application; 7.5.3.1.1. Fuel Management; 7.5.3.1.2. Flight risk Management; 7.5.3.1.3. Customer Analytics; 7.5.3.1.4. Navigation Services; 7.5.3.1.5. Others; 7.5.4. Russia; 7.5.4.1. Market Analysis, Insights and Forecast – By Application; 7.5.4.1.1. Fuel Management; 7.5.4.1.2. Flight risk Management; 7.5.4.1.3. Customer Analytics; 7.5.4.1.4. Navigation Services; 7.5.4.1.5. Others; 7.5.5. Rest of Europe; 7.5.5.1. Market Analysis, Insights and Forecast – By Application; 7.5.5.1.1. Fuel Management; 7.5.5.1.2. Flight risk Management; 7.5.5.1.3. Customer Analytics; 7.5.5.1.4. Navigation Services; 7.5.5.1.5. Others
8. Asia Pacific Aviation Analytics Market Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast – By Function; 8.1.1. Function; 8.1.2. Operation; 8.1.3. Sales & Marketing; 8.1.4. Others; 8.2. Market Analysis, Insights and Forecast – By Application; 8.2.1. Fuel Management; 8.2.2. Flight risk management; 8.2.3. Customer Analytics; 8.2.4. Navigation Services; 8.2.5. Others; 8.3. Market Analysis, Insights and Forecast – By Product; 8.3.1. Service; 8.3.2. Solution; 8.4. Market Analysis, Insights and Forecast – By End-Use; 8.4.1. OEM; 8.4.2. Aftermarket; 8.5. Market Analysis – By Country; 8.5.1. Japan; 8.5.1.1. Market Analysis, Insights and Forecast – By Application; 8.5.1.1.1. Fuel Management; 8.5.1.1.2. Flight risk Management; 8.5.1.1.3. Customer Analytics; 8.5.1.1.4. Navigation Services; 8.5.1.1.5. Others; 8.5.2. China; 8.5.2.1. Market Analysis, Insights and Forecast – By Application; 8.5.2.1.1. Fuel Management; 8.5.2.1.2. Flight risk Management; 8.5.2.1.3. Customer Analytics; 8.5.2.1.4. Navigation Services; 8.5.2.1.5. Others; 8.5.3. India; 8.5.3.1. Market Analysis, Insights and Forecast – By Application; 8.5.3.1.1. Fuel Management; 8.5.3.1.2. Flight risk Management; 8.5.3.1.3. Customer Analytics; 8.5.3.1.4. Navigation Services; 8.5.3.1.5. Others; 8.5.4. Australia; 8.5.4.1. Market Analysis, Insights and Forecast – By Application; 8.5.4.1.1. Fuel Management; 8.5.4.1.2. Flight risk Management; 8.5.4.1.3. Customer Analytics; 8.5.4.1.4. Navigation Services; 8.5.4.1.5. Others; 8.5.5. South Korea; 8.5.5.1. Market Analysis, Insights and Forecast – By Application; 8.5.5.1.1. Fuel Management; 8.5.5.1.2. Flight risk Management; 8.5.5.1.3. Customer Analytics; 8.5.5.1.4. Navigation Services; 8.5.5.1.5. Others; 8.5.6. Rest of Asia Pacific; 8.5.6.1. Market Analysis, Insights and Forecast – By Application; 8.5.6.1.1. Fuel Management; 8.5.6.1.2. Flight risk Management; 8.5.6.1.3. Customer Analytics; 8.5.6.1.4. Navigation Services; 8.5.6.1.5. Others
9. The Middle East Aviation Analytics Market Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast – By Function; 9.1.1. Function; 9.1.2. Operation; 9.1.3. Sales & Marketing; 9.1.4. Others; 9.2. Market Analysis, Insights and Forecast – By Application; 9.2.1. Fuel Management; 9.2.2. Flight risk management; 9.2.3. Customer Analytics; 9.2.4. Navigation Services; 9.2.5. Others; 9.3. Market Analysis, Insights and Forecast – By Product; 9.3.1. Service; 9.3.2. Solution; 9.4. Market Analysis, Insights and Forecast – By End-Use; 9.4.1. OEM; 9.4.2. Aftermarket; 9.5. Market Analysis – By Country; 9.5.1. The UAE; 9.5.1.1. Market Analysis, Insights and Forecast – By Application; 9.5.1.1.1. Fuel Management; 9.5.1.1.2. Flight risk Management; 9.5.1.1.3. Customer Analytics; 9.5.1.1.4. Navigation Services; 9.5.1.1.5. Others; 9.5.2. Saudi Arabia; 9.5.2.1. Market Analysis, Insights and Forecast – By Application; 9.5.2.1.1. Fuel Management; 9.5.2.1.2. Flight risk Management; 9.5.2.1.3. Customer Analytics; 9.5.2.1.4. Navigation Services; 9.5.2.1.5. Others; 9.5.3. Rest of the Middle East; 9.5.3.1. Market Analysis, Insights and Forecast – By Application; 9.5.3.1.1. Fuel Management; 9.5.3.1.2. Flight risk Management; 9.5.3.1.3. Customer Analytics; 9.5.3.1.4. Navigation Services; 9.5.3.1.5. Others
10. Rest of the World Aviation Analytics Market Analysis, Insights and Forecast, 2019-2032: 10.1. Market Analysis, Insights and Forecast – By Function; 10.1.1. Function; 10.1.2. Operation; 10.1.3. Sales & Marketing; 10.1.4. Others; 10.2. Market Analysis, Insights and Forecast – By Application; 10.2.1. Fuel Management; 10.2.2. Flight risk management; 10.2.3. Customer Analytics; 10.2.4. Navigation Services; 10.2.5. Others; 10.3. Market Analysis, Insights and Forecast – By Product; 10.3.1. Service; 10.3.2. Solution; 10.4. Market Analysis, Insights and Forecast – By End-Use; 10.4.1. OEM; 10.4.2. Aftermarket; 10.5. Market Analysis – By Country; 10.5.1. Africa; 10.5.1.1. Market Analysis, Insights and Forecast – By Application; 10.5.1.1.1. Fuel Management; 10.5.1.1.2. Flight risk Management; 10.5.1.1.3. Customer Analytics; 10.5.1.1.4. Navigation Services; 10.5.1.1.5. Others; 10.5.2. Latin America; 10.5.2.1. Market Analysis, Insights and Forecast – By Application; 10.5.2.1.1. Fuel Management; 10.5.2.1.2. Flight risk Management; 10.5.2.1.3. Customer Analytics; 10.5.2.1.4. Navigation Services; 10.5.2.1.5. Others
11. Competitive Analysis: 11.1. Competition Dashboard; 11.2. Global Aviation Analytics Market Revenue Market Rank Analysis by Key Players, 2023
12. Company Profiles: 12.1. Airbus (France); 12.1.1. Overview; 12.1.2. Products & Services; 12.1.3. SWOT Analysis; 12.1.4. Recent Developments; 12.1.5. Strategies; 12.1.6. Financials (based on availability under public domain); 12.2. Boeing (The U.S.); 12.2.1. Overview; 12.2.2. Products & Services; 12.2.3. SWOT Analysis; 12.2.4. Recent Developments; 12.2.5. Strategies; 12.2.6. Financials (based on availability under public domain); 12.3. Collins Aerospace (The U.S.); 12.3.1. Overview; 12.3.2. Products & Services; 12.3.3. SWOT Analysis; 12.3.4. Recent Developments; 12.3.5. Strategies; 12.3.6. Financials (based on availability under public domain); 12.4. General Electric (The U.S.); 12.4.1. Overview; 12.4.2. Products & Services; 12.4.3. SWOT Analysis; 12.4.4. Recent Developments; 12.4.5. Strategies; 12.4.6. Financials (based on availability under public domain); 12.5. Honeywell International Inc. (The U.S.); 12.5.1. Overview; 12.5.2. Products & Services; 12.5.3. SWOT Analysis; 12.5.4. Recent Developments; 12.5.5. Strategies; 12.5.6. Financials (based on availability under public domain); 12.6. IBM (The U.S.); 12.6.1. Overview; 12.6.2. Products & Services; 12.6.3. SWOT Analysis; 12.6.4. Recent Developments; 12.6.5. Strategies; 12.6.6. Financials (based on availability under public domain); 12.7. L3Harris Technologies, Inc. (The U.S.); 12.7.1. Overview; 12.7.2. Products & Services; 12.7.3. SWOT Analysis; 12.7.4. Recent Developments; 12.7.5. Strategies; 12.7.6. Financials (based on availability under public domain); 12.8. Lufthansa Technik (Germany); 12.8.1. Overview; 12.8.2. Products & Services; 12.8.3. SWOT Analysis; 12.8.4. Recent Developments; 12.8.5. Strategies; 12.8.6. Financials (based on availability under public domain); 12.9. Oracle (The U.S.); 12.9.1. Overview; 12.9.2. Products & Services; 12.9.3. SWOT Analysis; 12.9.4. Recent Developments; 12.9.5. Strategies; 12.9.6. Financials (based on availability under public domain); 12.10. SAP SE (Germany); 12.10.1. Overview; 12.10.2. Products & Services; 12.10.3. SWOT Analysis; 12.10.4. Recent Developments; 12.10.5. Strategies; 12.10.6. Financials (based on availability under public domain)