Commercial Aviation & IoT Integration - Growth Opportunities in IIoT Providing Real-time Data Acquisition and Analysis, and Predictive Analytics for Higher Maintenance Efficiency

News provided by

Jan 17, 2024, 17:45 ET

DUBLIN, Jan. 17, 2024 /PRNewswire/ -- The "Internet of Things (IoT) in Commercial Aviation" report has been added to ResearchAndMarkets.com's offering.

The development and implementation of next-generation technologies, rapid advances in consumer technology, increasing shift to cloud computing, and utilization of IoT, big data, and machine learning to collect and analyze large amounts of data are transforming industry processes. The digitalization of various processes in commercial aviation has scaled up in the last decade. Commercial aviation companies increasingly focus on digitalization, hardware improvements, cost reduction for software services, and as-a-service business models.

Companies utilize data to improve their processes across functions, and IoT helps them collect real-time data reliably and transparently. Using this technology efficiently, airlines can gather real-time data to improve employee productivity and ensure a smooth, hassle-free passenger experience. The declining cost of data-transmitting sensors and beacons has enabled aviation stakeholders to integrate this technology into various functions. Airlines and airports are well known for generating and possessing vast data. Big data allows them to collect real-time data from multiple sources efficiently and extract relevant insights.

This report discusses the impact of IoT in commercial aviation, including IoT focus areas by stakeholder (airlines; original equipment manufacturers; airports; and maintenance, repair, and overhaul firms), various applications (e.g., predictive operations, baggage tracking, asset management, non-aero revenue in airports, smart shop floors, sustainability), and brief case studies.

The study also offers stakeholders insights into the growth drivers and restraints expected to influence the industry until 2032 and some opportunities they can explore to benefit from the rising IoT implementation.

Key Growth Opportunities

IIoT to Provide Real-time Data Acquisition and Analysis
Predictive Analytics for Higher Maintenance Efficiency
Digital Tools to Effectively Manage Disruptions

Key Topics Covered:

The Impact of IoT on Commercial Aviation

IoT - Focus Areas
IoT in Airports
IoT for Aircraft Health Management
Case Studies

Growth Opportunity Analysis

Growth Drivers
Growth Restraints

For more information about this report visit https://www.researchandmarkets.com/r/5gf6ud

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets