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0 The global aviation blockchain market size was USD 770 Million in 2022 and is expected to register a revenue CAGR of 22.1% during the forecast period, according to latest analysis by Emergen Research. Increase in aircraft trips and air traffic across the globe, rise in disposable income among population, increase in the transparency and safety of aviation logs, improvement in traceability of blockchain systems, increase in the investment in blockchain research and development for commercial aviation, and reduction in the costs and complexity of doing business internationally are some of the major factors driving the market revenue growth.
The major advantages of blockchain technology in aviation industry is the tracking and predictive analysis of airlines marketing ticketing systems and their enhancement and improving efficiency of different aviation sector operations. Moreover, aircraft design analysis is also provided by it. In addition, it reduces record-keeping and maintenance costs and improves digital systems for better customer user interfaces. Blockchain technology enhances decentralization processes of different issues arising in the regular operation procedures of aviation technology and supports time-saving and improved performance capabilities with its integration into aviation working systems.
The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Aviation Blockchain industry for evaluation and predictive analysis. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Competitive Outlook: The leading companies operating in the Aviation Blockchain market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Aviation Blockchain Market and Profiled in the Report are:
Zamna Technologies Limited, Aeron Labs, Moog Inc., LeewayHertz, Winding Tree, Volantio, Enspan.io., Credits, Incorporated, AVINOC, and QuillHash Technologies Private Limited
Objectives of the Report:
Study of the global Aviation Blockchain market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Aviation Blockchain market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Aviation Blockchain market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Aviation Blockchain market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Application Outlook (Revenue, USD Million; 2019-2032)
- Cargo and Baggage Tracking
- Flight and Crew Data Management
- Passenger Identity Management
- Supply Chain Management
- Inventory Management
- Frequent Flyer Programs
- Travel Insurance
- E-Ticketing and Ticket Tokenization
- Leasing
- Airline Revenue Sharing
- Parts Tracking
- Parts Health Monitoring
- Aircraft Maintenance
- Others
Function Outlook (Revenue, USD Million; 2019-2032)
- Record Keeping
- Transactions
Deployment Outlook (Revenue, USD Million; 2019-2032)
- Public
- Private
- Hybrid
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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