Aviation Analytics market is anticipated to grow at a CAGR of 10.8% during the forecast period (2023-2030). Aviation analytics provide aircraft maintenance and crew management programs to predict and manage pilot fatigue, aiming to reduce risks and ensure safe operations. The growing adoption of blockchain technology with the improving transparent tracking of the environmental benefits is the key factor supporting the market growth globally. Using blockchain technology to ensure secured allocation of SAF’s environmental attributes to companies and airlines after the fuel has been delivered into the fuel network. Hence, the market players are also focusing on introducing reduce carbon footprint emissions-based aviation analytics solutions that further bolster the market growth. For instance, in June 2022, Shell, Accenture and Amex GBT launched one of the global first blockchain powered digital book-and-claim solutions for scaling sustainable aviation fuel (SAF). Developed by Shell and Accenture aggregate global business demand for SAF, that increase SAF supply and use and help accelerate the aviation industry’s pathway towards net-zero emissions.
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According to the Bureau of transportation, in July 2023, the 10 marketing network carriers reported 638,995 scheduled domestic flights, 15,875 (2.5%) of which were canceled. In June 2023, airlines scheduled 613,577 domestic flights, of which 12,856 (2.1%) were canceled. In July 2022, airlines scheduled 618,790 domestic flights, of which 11,133 (1.8%) were canceled.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Aviation Analytics Market by Components
- Services
- Solutions
Global Aviation Analytics Market by Business Solution
- Finance
- Operations
- Maintenance and Repair
- Sales and Marketing
- Supply Chain
Global Aviation Analytics Market by Applications
- Flight Risk Management
- Inventory Management
- Fuel Management
- Rout Management
- Customer Analytics
- Navigation Services
- Others (Performance Monitoring)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Aerostrat Corp.
- The Boeing Co.
- Collins Aerospace (RTX Corp.)
- Embraer S.A.
- FlightAware, LLC
- Honeywell International Inc. (Honeywell Forge)
- IBM Corp.
- IFS World Operations AB
- Lufthansa Systems
- MRO Insider
- Ramco Systems Ltd.
- Safran Data Systems, Inc.
- SAS Institute Inc.
- Teledyne Controls LLC.
- WinAir
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global aviation analytics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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