Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Regional Scope
1.3.2 Years Considered for the Study
1.4 Currency
1.5 USD Exchange Rates, 2016–2018
1.6 Market Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.3 Market Definition & Scope
2.1.4 Segment Definitions
2.1.4.1 Aviation Blockchain Market, By Application
2.1.4.2 Market, By End Market
2.1.4.3 Market, By Deployment
2.1.4.4 Market, By Function
2.1.4.5 Market, By Vertical
2.2 Research Approach and Methodology
2.2.1 Bottom-Up Approach
2.2.1.1 Aviation Blockchain Market
2.2.1.2 Market, By End Market
2.2.1.3 Market, By Application
2.2.1.4 Total Market, By Country
2.2.2 Top-Down Approach
2.2.2.1 Aviation Blockchain Market, By Function and Deployment
2.3 Data Triangulation & Validation
2.3.1 Triangulation Through Secondary
2.3.2 Triangulation Through Primaries
2.4 Research Limitations
2.5 Research Assumptions
2.6 Risks
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Aviation Blockchain Market
4.2 Market, By Application
4.3 Market, By End Market
4.4 Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Transparency and Traceability
5.2.1.2 Multivariate Applications of Blockchain
5.2.1.3 Reduces Costs and Transactional Complexities
5.2.2 Restraints
5.2.2.1 Lack of Regulations and Common Standards
5.2.3 Opportunities
5.2.3.1 Integration of Blockchain With Other Upcoming Aviation Technologies
5.2.4 Challenges
5.2.4.1 Blockchain Technology in Its Nascent Stage
5.2.4.2 Slow Integration and Reluctance Towards Change in the Aviation Industry
6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Blockchain in Internet of Things (IoT)
6.2.1.1 Blockchain of Things
6.2.2 Blockchain in Artificial Intelligence (AI)
6.2.2.1 Autonomous Blockchain
6.3 Industry Activities and Projects
6.3.1 Blockchain Challenges and Research Projects
6.3.1.1 Aviation Blockchain Challenge
6.3.1.2 Aviation Blockchain Sandbox
6.4 Consortiums & Alliances
6.4.1 Collaborations to Promote the Adoption of Blockchain in Aviation
6.4.1.1 Enterprise Ethereum Alliance (EEA)
6.4.1.2 Hyperledger Consortium
6.5 Use Cases
6.5.1 Ge Aviation Formed Partnership With Microsoft Azure to Develop Blockchain Based Solution to Streamline Tracking of Aircraft Parts and Reduce Inefficiencies
6.5.2 Air France Klm Partnered With Winding Tree to Develop Blockchain Based Solution to Offer Customers Attractive Travel Offer
6.5.3 Accenture in Collaboration With Thales Developed Blockchain Prototype Supply Chain Activities for Aerospace and Defense
6.5.4 Sita Collborated With British Airways, Heathrow, Geneva Airport, and Miami International Airport to Explore Smart Contract for Various Aspect of Aviation Industry
6.5.5 Singapore Airlines is Using Blockchain to Help Passengers Maximize Their Loyalty Points and Enhance Customer Experience
6.5.6 Volantio is Helping Airlines and Passengers Overcome the Overbooking Challenge Using Blockchain Technology
6.5.7 Air Newzealand Partnered With Winding Tree to Leverage Blockchain to Streamline Operations
6.5.8 Russian Airline S7 is Using Blockchain Based Platformfor Ticketing
6.5.9 Moog is Using Blockchain Based Solution for 3D Printing of Aircraft Parts
6.5.10 Fizzy, a Smart Contract for Travel Insurance Will Reinforce Trust By Ensuring Total Transparency in Making Policy Payouts.
7 Aviation Blockchain Market, By End Market
7.1 Introduction
7.2 Airlines
7.2.1 Airlines Can Incorporate Blockchain in Cargo & Baggage Tracking and Smart Contracts Applications
7.3 Mro
7.3.1 Blockchain in Mro is Used for Smart Contracts, Supply Chain Management, and Aircraft Maintenance
7.4 Airports
7.4.1 Airports are Adopting Blockchain in Smart Cargo & Baggage Tracking, Passenger Identity Management, and Smart Contracts
7.5 Manufacturers
7.5.1 Aircraft Manufacturers are Adopting Blockchain Technology to Increase Operational Efficiency
7.6 Lessors
7.6.1 Lessors use Smart Contracts for Supply Chain Management Applications
8 Aviation Blockchain Market, By Application
8.1 Introduction
8.2 Cargo & Baggage Tracking
8.2.1 Blockchain Can Help in Tracking the Status and Location of Valuable Assets Such as Passenger Bags and Cargo
8.3 Passenger Identity Management
8.3.1 Passenger Biometrics, Personal Details, and Travel History Can be Stored in Blockchain
8.4 Flight & Crew Data Management
8.4.1 Real-Time Availability of Flight Can be Shared With All Parties Involved By Using a Blockchain Solution
8.5 Frequent Flyer Programs
8.5.1 Reconciliation of Frequent Flyer Points By Tokenizing Miles Flown Into a Digital Currency Using Blockchain
8.6 Smart Contracts
8.6.1 Smart Contract is a Computer Program, Which Can be Used to Verify or Enforce Rules Between Two Parties
8.6.2 Travel Insurance
8.6.2.1 Smart Contracts Can Track Insurance Claims and Hold Either Party Accountable
8.6.3 E-Ticketing & Ticket Tokenization
8.6.3.1 Blockchain Will Ensure Tokens are Used as Per Guidelines and Provide Real-Time Information on Customers' Spending
8.6.4 Aircraft Refueling
8.6.4.1 Post-Completion of Refueling, Payment is Automatically Made Fixing the Initial Fuel Volume and Its Price Using a Blockchain Solution
8.6.5 Airline Revenue Sharing
8.6.5.1 Blockchain Presents an Opportunity to Create a Unified System That Uses Predetermined Criteria to Share Revenue Immediately
8.6.6 Leasing
8.6.6.1 Entire History of an Aircraft Can be Traced and Tracked Using Blockchain
8.7 Supply Chain Management
8.7.1 Blockchain Technology is a Viable Option to Streamline the Procurement Process Through the use of Smart Contracts
8.7.2 Parts Tracking
8.7.2.1 Blockchain-Based Supply Chain Solutions Could Efficiently Track and Trace the Movement, Modification, and Maintenance of Components
8.7.3 Parts Health Monitoring
8.7.3.1 Users Will be Able to Accurately Trace the Components Journey From the Beginning
8.7.4 Inventory Management
8.7.4.1 Procurement Strategy Can be Formulated By Analyzing Historical Data and Real-Time Health Conditions Using Blockchain
8.8 Aircraft Maintenance
8.8.1 Blockchain Can be Used to Track the Fitness of Individual Parts of the Aircraft By Monitoring Data Such as Date of Manufacture, and Depreciation
9 Aviation Blockchain Market, By Deployment
9.1 Introduction
9.2 Public
9.2.1 Aviation-Based Applications of Public Blockchain is Mainly Deployed for Tokenization and Cryptocurrency
9.3 Private
9.3.1 Private Blockchain is Primarily Deployed for Record-Keeping and Secured Applications
9.4 Hybrid
9.4.1 Hybrid Blockchain is a Combination of Public and Private Blockchains
10 Aviation Blockchain Market, By Function
10.1 Introduction
10.2 Record-Keeping
10.2.1 Components Details Such as Manufacturing Date, Repairs, Ownership, and Maintenance Can be Stored on Blockchain, Thus Enabling Tracking the History of Components
10.3 Transactions
10.3.1 Blockchain Can Facilitate a Range of Transactions, Including Billing Among Airlines, Between Travel Agents and Airlines, Determining Loyalty Points Settlements and Travel Insurance
11 Aviation Blockchain Market, By Vertical
11.1 Introduction
11.2 Civil & Commercial Aviation
11.3 Military Aviation
11.3.1 Location and Availability of Parts
11.3.1.1 Authenticity of Parts and Supply
11.3.1.2 Smart Contracts and Payments
12 Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 US
12.2.1.1 Presence of Major Manufacturers and Blockchain Provider Such as IBM, Microsoft, and Volantio is Driving the Market for Aviation Blockchain in the US
12.2.2 Canada
12.2.2.1 Adoption of the Blockchain in Healthcare, Media and Entertainment, Government Bodies, and Manufacturing Verticals is Fueling the Market in Canada
12.3 Europe
12.3.1 France
12.3.1.1 Partnerships and Collaborations Between Aircraft Manufacturers and Tech Companies is a Major Factor Fueling the Market for Aviation Blockchain in France
12.3.2 UK
12.3.2.1 Increasing Adoption of Blockchain Technology to Replace Paper Documents in Airports is a Major Driver of the Blockchain Market in the UK
12.3.3 Germany
12.3.3.1 Government Support is One of the Major Factors Fueling the Aviation Blockchain Market in Germany
12.3.4 Russia
12.3.4.1 Russian Airline S7 Have Introduced Joint Smart-Contracts, Developed and Implemented Blockchain
12.3.5 Rest of Europe
12.3.5.1 Increasing Government Initiatives Toward Adoption of Blockchain are Driving the Market for Aviation Blockchain in Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.1.1 Airlines and Airports in China are Embracing Blockchain Technology to Provide Self-Service Experience to Passengers
12.4.2 India
12.4.2.1 Presence of Blockchain Providers Such as Infosys and Volantio is Driving the Market for Aviation Blockchain
12.4.3 Singapore
12.4.3.1 Singapore Airline Introduced Blockchain-Based Solutions for Frequent Flyer Program
12.4.4 Australia
12.4.4.1 Partnerships Between Airlines and Tech Companies to Identify New Revenue Stream Leveraging Blockchain is Driving the Market
12.4.5 Rest of Asia Pacific
12.4.5.1 Increase in Number of Greenfield Airports in Developing Countries is Driving the Market
12.5 Rest of the World
12.5.1 Latin America
12.5.1.1 Presence of Manufacturers Such as Embraer and a Large Number of Airports is Driving the Market for Aviation Blockchain in Latin America
12.5.2 Middle East
12.5.2.1 Airlines and Airports are Adopting Blockchain Technology to Enhance Customer Experience
12.5.3 Africa
12.5.3.1 Most of the Aviation Blockchain Projects in Africa are in the R&D Stage
13 Competitive Landscape
13.1 Introduction
13.2 Competitive Leadership Mapping (Overall Market)
13.2.1 Visionary Leaders
13.2.2 Innovators
13.2.3 Dynamic Differentiators
13.2.4 Emerging Companies
13.3 Competitive Scenario
13.3.1 Contracts& Agreements
13.3.2 New Product Launches
13.3.3 Collaborations & Partnerships
13.3.4 Other Strategies
14 Company Profiles
14.1 14bis Supply Tracking (Safeflights Inc.)
14.2 Aeron Labs
14.3 Avinoc Ltd
14.4 Credits.Com Pte. Ltd.
14.5 Filament
14.6 IBM
14.7 Infosys
14.8 Insolar Technologies
14.9 LeewayHertz Technologies
14.10 Microsoft Corporation
14.11 Moog Inc.
14.12 Olistics
14.13 Parts Pedigree
14.14 Quillhash Technologies Pvt. Ltd.
14.15 Skybuys
14.16 Sorablocks
14.17 Sweetbridge, Inc.
14.18 Volantio Inc
14.19 Winding Tree
14.20 Zamna Technologies Limited
15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.3 Available Customizations
15.4 Related Reports
15.5 Author Details
List of Tables
Table 1 Application, By End Market
Table 2 Aviation Blockchain Market Size, By End Market, 2017—2025 (USD Million)
Table 3 Market for Airlines, By Region, 2017—2025 (USD Million)
Table 4 Market for Mro, By Region, 2017—2025 (USD Million)
Table 5 Market for Airports, By Region, 2017—2025 (USD Million)
Table 6 Market for Manufacturers, By Region, 2017—2025 (USD Million)
Table 7 Market for Lessors, By Region, 2017—2025 (USD Million)
Table 8 Market, By Application, 2017—2025 (USD Million)
Table 9 Market in Cargo & Baggage Tracking, By Region, 2017—2025 (USD Million)
Table 10 Market in Passenger Identity Management, By Region, 2017—2025 (USD Million)
Table 11 Market in Flight & Crew Data Management, By Region, 2017—2025 (USD Million)
Table 12 Market in Frequent Flyer Programs, By Region, 2017—2025 (USD Million)
Table 13 Market in Smart Contracts, By Sub Application, 2017—2025 (USD Million)
Table 14 Market in Smart Contracts, By Region, 2017—2025 (USD Million)
Table 15 Market in Supply Chain Management, By Subapplication, 2017—2025 (USD Million)
Table 16 Market in Supply Chain Management, By Region, 2017—2025 (USD Million)
Table 17 Market in Aircraft Maintenance, By Region, 2017—2025 (USD Million)
Table 18 Market Size, By Deployment, 2017—2025 (USD Million)
Table 19 Public Aviation Blockchain Market Size, By Region, 2017—2025 (USD Million)
Table 20 Private Market Size, By Region, 2017—2025 (USD Million)
Table 21 Hybrid Market Size, By Region, 2017—2025 (USD Million)
Table 22 Market, By End Market, 2017—2025 (USD Million)
Table 23 Market for Record-Keeping, By Region, 2017—2025 (USD Million)
Table 24 Market for Transactions, By Region, 2017—2025 (USD Million)
Table 25 Market Size, By Region, 2017—2025 (USD Million)
Table 26 North America: Market Size, By End Market, 2017—2025 (USD Million)
Table 27 North America: Market Size, By Function, 2017—2025 (USD Million)
Table 28 North America: Market Size, By Deployment, 2017—2025 (USD Million)
Table 29 North America: Market Size, By Application, 2017—2025 (USD Million)
Table 30 North America: Market Size, By Country, 2017–2025 (USD Million)
Table 31 US: Market Size, By End Market, 2017—2025 (USD Million)
Table 32 US: Market Size, By Function, 2017—2025 (USD Million)
Table 33 US: Market Size, By Deployment, 2017—2025 (USD Million)
Table 34 US: Market Size, By Application, 2017—2025 (USD Million)
Table 35 Canada: Market Size, By End Market, 2017–2025 (USD Million)
Table 36 Canada: Market Size, By Function, 2017–2025 (USD Million)
Table 37 Canada: Market Size, By Deployment, 2017–2025 (USD Million)
Table 38 Canada: Market Size, By Application, 2017–2025 (USD Million)
Table 39 Europe: Aviation Blockchain Market Size, By End Market, 2017—2025 (USD Million)
Table 40 Europe: Market Size, By Application, 2017—2025 (USD Million)
Table 41 Europe: Market Size, By Function, 2017—2025 (USD Million)
Table 42 Europe: Market Size, By Deployment, 2017—2025 (USD Million)
Table 43 Europe: Market Size, By Country, 2017—2025 (USD Million)
Table 44 France: Market Size, By End Market, 2017—2025 (USD Million)
Table 45 France: Market Size, By Function, 2017—2025 (USD Million)
Table 46 France: Market Size, By Deployment, 2017—2025 (USD Million)
Table 47 France: Market Size, By Application, 2017—2025 (USD Million)
Table 48 UK: Market Size, By End Market, 2017—2025 (USD Million)
Table 49 UK: Market Size, By Application, 2017—2025 (USD Million)
Table 50 UK: Market Size, By Deployment, 2017—2025 (USD Million)
Table 51 UK: Market Size, By Function, 2017—2025 (USD Million)
Table 52 Germany: Market Size, By End Market, 2017—2025 (USD Million)
Table 53 Germany: Market Size, By Application, 2017—2025 (USD Million)
Table 54 Germany: Market Size, By Deployment, 2017—2025 (USD Million)
Table 55 Germany: Market Size, By Function, 2017—2025 (USD Million)
Table 56 Russia: Market Size, By End Market, 2017—2025 (USD Million)
Table 57 Russia: Market Size, By Application, 2017—2025 (USD Million)
Table 58 Russia: Market Size, By Deployment, 2017—2025 (USD Million)
Table 59 Russia: Market Size, By Function, 2017—2025 (USD Million)
Table 60 Rest of Europe: Market Size, By End Market, 2017—2025 (USD Million)
Table 61 Rest of Europe: Market Size, By Function, 2017—2025 (USD Million)
Table 62 Rest of Europe: Market Size, By Deployment, 2017—2025 (USD Million)
Table 63 Rest of Europe: Market Size, By Application, 2017—2025 (USD Million)
Table 64 Asia Pacific: Market Size, By End Market, 2017—2025 (USD Million)
Table 65 Asia Pacific: Market Size, By Function, 2017—2025 (USD Million)
Table 66 Asia Pacific: Market Size, By Deployment, 2017—2025 (USD Million)
Table 67 Asia Pacific: Market Size, By Application, 2017—2025 (USD Million)
Table 68 Asia Pacific: Market Size, By Country, 2017—2025 (USD Million)
Table 69 China: Aviation Blockchain Market Size, By End Market, 2017—2025 (USD Million)
Table 70 China: Market Size, By Function, 2017—2025 (USD Million)
Table 71 China: Market Size, By Deployment, 2017—2025 (USD Million)
Table 72 China: Market Size, By Application, 2017—2025 (USD Million)
Table 73 India: Market Size, By End Market, 2017—2025 (USD Million)
Table 74 India: Market Size, By Function, 2017—2025 (USD Million)
Table 75 India: Market Size, By Deployment, 2017—2025 (USD Million)
Table 76 India: Market Size, By Application, 2017—2025 (USD Million)
Table 77 Singapore: Market Size, By End Market, 2017—2025 (USD Million)
Table 78 Singapore: Market Size, By Function, 2017—2025 (USD Million)
Table 79 Singapore: Market Size, By Deployment, 2017—2025 (USD Million)
Table 80 Singapore: Market Size, By Application, 2017—2025 (USD Million)
Table 81 Australia: Market Size, By End Market, 2017—2025 (USD Million)
Table 82 Australia: Market Size, By Function, 2017—2025 (USD Million)
Table 83 Australia: Market Size, By Deployment, 2017—2025 (USD Million)
Table 84 Australia: Market Size, By Application, 2017—2025 (USD Million)
Table 85 Rest of Asia Pacific: Market Size, By End Market, 2017—2025 (USD Million)
Table 86 Rest of Asia Pacific: Market Size, By Function, 2017—2025 (USD Million)
Table 87 Rest of Asia Pacific: Market Size, By Deployment, 2017—2025 (USD Million)
Table 88 Rest of Asia Pacific: Market Size, By Application, 2017—2025 (USD Million)
Table 89 Rest of the World: Market Size, By End Market, 2017—2025 (USD Million)
Table 90 Rest of the World: Market Size, By Function, 2017—2025 (USD Million)
Table 91 Rest of the World: Market Size, By Deployment, 2017—2025 (USD Million)
Table 92 Rest of the World: Market Size, By Application, 2017—2025 (USD Million)
Table 93 Rest of the World: Market Size, By Region, 2017—2025 (USD Million)
Table 94 Latin America: Market Size, By End Market, 2017—2025 (USD Million)
Table 95 Latin America: Market Size, By Function, 2017—2025 (USD Million)
Table 96 Latin America: Market Size, By Deployment, 2017—2025 (USD Million)
Table 97 Latin America: Market Size, By Application, 2017—2025 (USD Million)
Table 98 Middle East: Market Size, By End Market, 2017—2025 (USD Million)
Table 99 Middle East: Market Size, By Function, 2017—2025 (USD Million)
Table 100 Middle East: Market Size, By Deployment, 2017–2025 (USD Million)
Table 101 Middle East: Market Size, By Application, 2017—2025 (USD Million)
Table 102 Africa: Aviation Blockchain Market Size, By End Market, 2017—2025 (USD Million)
Table 103 Africa: Market Size, By Function, 2017—2025 (USD Million)
Table 104 Africa: Market Size, By Deployment, 2017—2025 (USD Million)
Table 105 Africa: Market Size, By Application, 2017—2025 (USD Million)
Table 106 Contracts, January 2017–September 2019
Table 107 New Product Launches, January 2017–September 2019
Table 108 Collaborations & Partnerships, January 2017–September 2019
Table 109 Other Strategies, January 2017–September 2019
List of Figures
Figure 1 Markets Covered
Figure 2 Research Flow
Figure 3 Research Design: Aviation Blockchain Market
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Assumptions for the Research Study
Figure 9 By End Market, Airports Segment Projected to Lead Aviation Blockchain Market During Forecast Period
Figure 10 By Application, Passenger Identity Management Segment is Projected to Grow at the Highest Rate During Forecast Period
Figure 11 By Function, Record-Keeping Segment is Projected to Lead Market During Forecast Period
Figure 12 By Deployment, Hybrid Segment Projected to Lead this Market During Forecast Period
Figure 13 North America in Aviation Blockchain Market is Expected to Grow at the Highest Rate During Forecast Period
Figure 14 Increased Transparency and Traceability in Business Operations is One of the Major Factors Driving Aviation Blockchain Market
Figure 15 Smart Contracts Projected to Lead Aviation Blockchain During Forecast Period
Figure 16 Airports Expected to Grow at the Highest CAGR During Forecast Period
Figure 17 UK Market to Grow at the Highest CAGR During Forecast Period
Figure 18 Market Dynamics of the Aviation Blockchain
Figure 19 Market Size, By End Market, 2019 & 2025 (USD Million)
Figure 20 Market Size, By Application, 2019 & 2025 (USD Million)
Figure 21 Market Size, By Deployment, 2019 & 2025 (USD Million)
Figure 22 Market, By Function, 2019 & 2025 (USD Million)
Figure 23 Market in North America Expected to Grow at the Highest Rate in 2019
Figure 24 North America Market Snapshot
Figure 25 Europe Market Snapshot
Figure 26 Asia Pacific Market Snapshot
Figure 27 Companies Adopted Collaboration and Partnerships as a Key Growth Strategy Between January 2017 and November 2019
Figure 28 Aviation Blockchain Market (Global) Competitive Leadership Mapping, 2018
Figure 29 Strength of Product Portfolio
Figure 30 Business Strategy Excellence
Figure 31 Infosys: Company Snapshot
Figure 32 Moog: Company Snapshot
