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.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Aviation Blockchain market include:

Zamna Technologies Limited, Aeron Labs, Moog Inc., LeewayHertz, Winding Tree, Volantio, Enspan.io., Credits, Incorporated, AVINOC, and QuillHash Technologies Private Limited

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Aviation Blockchain market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Aviation Blockchain Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Aviation Blockchain Market Segmentation:

• 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

Aviation Blockchain Market Segmentation by Regions:

• 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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