PUBLISHER: Allied Market Research | PRODUCT CODE: 1298200
PUBLISHER: Allied Market Research | PRODUCT CODE: 1298200
IoT hardware components include sensors, microcontroller, actuators, and standard devices (smartphone, and smartwatch). Sensors & actuators collect data directly from physical objects such as devices, equipment, and others. Microcontroller is a device in a single integrated circuit devoted to execute a single task and running an application. Software comprises entire set of programs, routines, and procedures associated with the operations of aviation sector which include airport operations, and others. IoT related software in the aviation industry are utilized for data collection, device integrations, real-time analytics, and application & process extension. Some prominent companies which offer IoT software for aviation sector comprises IBM corporation, Microsoft Corporation, Cisco Systems, SITA, and others.
Airlines utilizes internet of things (IoT) to optimize its operations. It uses IoT to make better decisions about maintenance & scheduling, and other operations. For instance, airlines can use IoT to monitor fuel levels or engine performance during the flight time to prevent delays or costly repairs after landing of an aircraft. Market players are introducing IoT hardware components for airline companies to enhance in-flight entertainment & connectivity systems, which boosts the growth of IoT in aviation market.
The adoption of IoT solutions has increased across airports across the world. Airports utilize internet of things (IoT) to aid passengers to check in their bags faster, and easily locate the boarding gates, and other operations. In addition, IoT based solutions such as microchips and barcodes can also be utilized to track passenger's luggage. Airports in numerous countries are investing in IoT platforms to enhance passenger experience, ground operations, and optimize air traffic management. Few airports have also started to utilize IoT based digital solutions to enhance airport operations. For instance, Helsinki Airport in Finland is utilizing IoT based Wi-Fi and iBeacons to track passengers and offer location-based services.
The IoT in aviation market is segmented on the basis of component, end user, application, and region. By component, it is fragmented into hardware, software, and services. By end user, it is categorized into airline, airport, MRO, and manufacturers. By application, it is classified into ground operations, passenger experience, asset management, and air traffic management. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading companies profiled in the report include: Cisco Systems, Inc., Globeranger Corporation, Honeywell International Inc., Huawei Technologies Co., Ltd., IBM Corporation, Microsoft Corporation, SAP SE, Sita, Tata Communications Ltd., and Wind River Systems, Inc.