Global Blockchain Technology in Aerospace Market Growth (Status and Outlook) 2023-2029

Global Blockchain Technology in Aerospace Market Growth (Status and Outlook) 2023-2029

The global Blockchain Technology in Aerospace market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Blockchain, a digital ledger of transactions taking place in a peer-to-peer network, can record each time a part is installed or removed from an airplane. It can also capture how long the part being replaced was in service and the identity, location and credentials of the technician performing the repair.

It’s like having a digital ‘birth certificate’ for every part, updated every time the plane is serviced or inspected. These birth certificates can be aggregated into a ‘digital twin’ of the aircraft that provides a real-time snapshot of its condition from the moment it exits the assembly line to when it is returned to its lessor or retired from the fleet.

Having a more accurate view of a plane’s configuration and maintenance history could:help reduce costs and losses related to downtime and unplanned maintenance,boost the value of planes in the secondary market and at the end of leases,and improve worker productivity.

Blockchain technology has broad application prospects in the aerospace field. Through blockchain technology, the efficiency and transparency of aviation logistics management can be improved, the convenience of ticket sales and passenger security checks can be promoted, and the supervision and management of drones can be strengthened. In order to achieve these goals, we need to continuously explore the application scenarios and solutions of blockchain technology. At the same time, the government, enterprises and academia need to work together to promote the research and development of related technologies.

LPI (LP Information)' newest research report, the “Blockchain Technology in Aerospace Industry Forecast” looks at past sales and reviews total world Blockchain Technology in Aerospace sales in 2022, providing a comprehensive analysis by region and market sector of projected Blockchain Technology in Aerospace sales for 2023 through 2029. With Blockchain Technology in Aerospace sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Blockchain Technology in Aerospace industry.

This Insight Report provides a comprehensive analysis of the global Blockchain Technology in Aerospace landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Blockchain Technology in Aerospace portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Blockchain Technology in Aerospace market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Blockchain Technology in Aerospace and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Blockchain Technology in Aerospace.

This report presents a comprehensive overview, market shares, and growth opportunities of Blockchain Technology in Aerospace market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
On Premise
Cloud Based

Segmentation by application
Aircraft Logistics Management
Air Ticket Sales and Passenger Security Check
Drone Management
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Surfeo
IBM
Infosys
Microsoft Corporation
Aeron Labs
Leewayhertz
Moog Inc.
Safeflights Inc.
Sweetbridge Inc.
Winding Tree
Accenture

Please note: The report will take approximately 2 business days to prepare and deliver.