Global IoT market in Aerospace & Defense Analysis and Forecast (2019-2026) – by Component (Hardware, Software, Services) – by Connectivity Technology (Cellular, Wi-Fi, Satellite Communication, Radio Frequency Identification (RFID), Others) –by Application (Real Time Fleet Management (RTFM), Training & Simulation, Health Monitoring, Equipment Maintenance, Inventory Management, Others) -by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)

Global IoT Market in Aerospace & Defense generated revenue of USD 19.8 billion in 2019 and expected to grow at a CAGR of XX % through 2026 to reach USD XX  billion. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. To Know About The Research Methodology :- Request Free Sample Report

Global IoT Market in Aerospace & Defense Dynamics

The market growth is coupled with IoT’s interoperability, better security, and prompt decision making characteristics. Further, increasing demand for sophisticated and efficient aerospace services also drive the market for IoT in Aerospace &Defense market. IoT in aerospace &defense offers better operation & control, material management, energy management, traffic planning, staff & passenger information management, data analytics, and others. Moreover, it offers unscheduled aircraft maintenance, tail allocation, sensory inputs, reliable & secure communications, and cloud application development services. A SITA air transport study found that 67% of airlines have plans to invest on airline IoT by 2030. One of the drivers is passenger demands for seamless in-flight connectivity. With 50 billion or more IoT devices expected to be in circulation by 2030, airlines want to be able to allow passengers to connect smartphone sets, smart phones, Fitbits and other devices in the air. IoT provides the standardized operating platform that gathers data from data-producing systems and sensors in the aerospace industry. The data of aerospace industry operates with analytics applications and compression technology to deliver real-time data to user interfaces. For instance, IBM works to help aircraft manufacturers manage unplanned events, which are difficult to respond due to lack of real-time reporting. IoT combats that lack of real-time reporting with complex scheduling systems that show resource, tool and part availability, and a general overview of operations in motion. The systems can also aid in equipment preventive care, such as monitoring the calibration process for aerospace equipment. IoT helps the military commanders to make optimal decisions based on real-time reporting, using devices such as satellite communication, ISR and GPS thus, drive the market in the defence industry. IoT plays a pivotal role in providing greater battlefield situational awareness, as well as improving soldier health care. Today, most military facilities have health and security monitoring systems that can send automated notifications to the solider and medical response team based on that soldier’s medical condition. Additionally, IoT aids in equipment maintenance, helping determine the extent of an equipment’s use and automatically tracking the duration to determine the optimal time for a replacement or repair. Maximize Market Research has undertaken extensive research about the current Global IoT in Aerospace &Defense Market outlook with respect to its applications as well as the assuring future of the technology in this sector. Notably, the report delivers a deep insight on the drivers, opportunities and restraints that exist in the Global IoT Aerospace &Defense Market. Report also forecasts the future market opportunities that shall exist in this sector. Based on the analysis, report segments the market broadly -by Connectivity Technology -by Component –by Application -by Region. North America held the highest market share of more than 60% in 2019. The North American market is driven by rising adoption of smart connected devices and technologies in the aerospace and defense sector. IoT in North American aerospace &defense is a rising trend. The growth rate is coupled with high business intelligence and analytics provided by the IoT technology. The government has invested and supported IoT usage in the several developed and the developing regions such as in North America, Europe, and Asia-Pacific. Asia Pacific is expected to have higher growth rate in the forecast period. The growth rate is driven by rising inclination towards smart devices, portable electronic gadgets, and connected consumer electronics in the countries including India and China. Further, the growing smart devices market and smart technology in this region is also promoting the growing adoption of IoT in the aerospace and defense sector. In Commercial Aerospace, industry sales rose slightly, and production increases are expected as orders picked back up. Worldwide airline passenger traffic grew by 7.5%, far exceeding long-term 4.5% growth forecasts. Such expectations are increasingly dependent on the technological advancements Asia-Pacific is projected to account for 40.0% of new deliveries. The growth in the sales drive the market for IoT in aerospace sector. Defense spending have also fuelled a step up in Government IT Services and IoT implementation, as revenue expectations have improved, together with increased budgetary visibility, and a commitment to IT systems infrastructure, modernization. The cyber security in the defense industry is expected to grow 12.0-15.0% annually over the next five years and government expenditure rose over 35.0% in 2019.

Global IoT market in Aerospace &Defense, Key Highlights:

• Global IoT market in Aerospace & Defense analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global IoT market in Aerospace & Defense • Global IoT market in Aerospace & Defense segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global IoT market in Aerospace & Defense strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Global IoT market in Aerospace & Defense analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global IoT market in Aerospace & Defense are also profiled.

Scope of the Global IoT Market in Aerospace & Defense: Inquire before buying

Global IoT Aerospace & Defense Market, by Component:

Hardware, Software, Services

Global IoT Aerospace & Defense Market, by Connectivity Technology:

Cellular, Wi-Fi, Satellite Communication, Radio Frequency Identification (RFID), Others

Global IoT Aerospace & Defense Market, by Application:

Real Time Fleet Management (RTFM), Training & Simulation, Health Monitoring, Equipment Maintenance, Inventory Management, Others

Global IoT Aerospace & Defense Market, by Region:

North America, Europe, Asia Pacific, Middle East Africa and Latin America

Global IoT Aerospace & Defense Market Key Players

AeroVironment, INC. AT&T ELBIT SYSTEMS FREEWAVE TECHNOLOGIES GENERAL ATOMICS AERONAUTICAL SYSTEMS HONEYWELL INTERNATIONAL, INC. NORTHRUP GRUMMAN PROX DYNAMICS RADISYS TEXTRON SYSTEMS BOMBARDIER INC. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) AIRBUS GROUP SE THE BOEING COMPANY BAE SYSTEMS SAP SE GENERAL ELECTRIC ZODIAC AEROSPACE Radisys Textron Systems. Success Stories / Case Studies AIRBUS GROUP SE THE BOEING COMPANY ZODIAC AEROSPACE
1. INTRODUCTION 1.1 Report Description 1.1.1 Objectives of the Study 1.1.2 Market Scope 1.1.2.1 Years considered in the study 1.1.3 Currency 1.1.4 Key players / Stakeholders Target Audience 2. RESEARCH METHODOLOGY 2.1 Research Methodology 2.2 Market Definition 2.3 Assumptions and Acronyms Used 2.4 Data Sources 2.4.1 Secondary 2.4.1.1 Paid 2.4.1.2 Unpaid 2.4.2 Primary 2.5 Analyst tools and models 3. EXECUTIVE SUMMARY 3.1 Global Internet of Things in Aerospace & Defense Market Overview 3.1.1 By Connectivity Technology 3.1.2 By Component 3.1.3 By Application 3.1.4 By Region 4. HISTORICAL PERSPECTIVE AND CURRENT TRENDS 4.1 Global Internet of Things Landscape 4.1.1 Emergence and Evolution 4.1.2 Technological Transformations 4.1.3 Global Internet of Things Outlook by Region 4.1.3.1 North America 4.1.3.1.1 Key Economic Indicators 4.1.3.1.1.1 GDP Growth Forecast 4.1.3.1.2 Global Standing in Internet of Things Market 4.1.3.1.2.1 Market size and share 4.1.3.2 Europe 4.1.3.2.1 Key Economic Indicators 4.1.3.2.1.1 GDP Growth Forecast 4.1.3.2.2 Global Standing in Internet of Things Market 4.1.3.2.2.1 Market size and share 4.1.3.3 Asia Pacific 4.1.3.3.1 Key Economic Indicators 4.1.3.3.1.1 GDP Growth Forecast 4.1.3.3.2 Global Standing in Internet of Things Market 4.1.3.3.2.1 Market size and share 4.1.3.4 Latin America, Africa and Middle East 4.1.3.4.1 Key Economic Indicators 4.1.3.4.1.1 GDP Growth Forecast 4.1.3.4.2 Global Standing in Internet of Things Market 4.1.3.2.1 Market size and share 5 GLOBAL INTERNET OF THINGS AEROSPACE & DEFENSE MARKET OUTLOOK 5.1 Market Definition, Segmentation and Scope of Study 5.2 Market Dynamics 5.2.3 Drivers 5.2.3.2 Growth in Information, Communication, & Technology (ICT) 5.2.3.3 Decrease in the cost of sensors and controllers 5.2.3.4 Expenditure by government in the several developed and the developing regions 5.2.4 Restraint 5.2.4.2 The privacy and security of customer information 5.2.5 Opportunities 5.2.5.2 Technological Advancements 5.2.5.3 Competitive Advantage 5.2.5.4 Personalized Customer Experiences 5.2.5.5 Inevitable Future 5.3 Market Share Analysis 5.3.3 By Connectivity Technology 5.3.4 By Component 5.3.5 By Application 5.3.6 By Geography 5.4 Competitive Analysis 5.4.3 Key Strategic Initiatives 5.4.4 Regional Presence 5.4.5 Product Overview 5.5 Porter’s Analysis 5.6 PESTEL Analysis 5.7 Product Benchmark Analysis 5.8 Company Market Share Analysis 5.9 Key Findings 5.9.3 Top Wining Strategies 5.9.4 Top Investment Pockets 5.9.5 Top Impacting Factors 6 GLOBAL INTERNET OF THINGS AEROSPACE & DEFENSE MARKET, BY COMPONENT 6.1 Component Type Segment Analysis & Market Share 6.2 Hardware 6.2.3 Overview 6.2.4 Market Size and Forecast 2016-2024 6.3 Software 6.3.3 Overview 6.3.4 Market Size and Forecast 2016-2024 6.4 Services 6.4.3 Overview 6.4.4 Market Size and Forecast 2016-2024 7 GLOBAL INTERNET OF THINGS AEROSPACE & DEFENSE MARKET, BY CONNECTIVITY TECHNOLOGY 7.1 Connectivity Technology Type Segment Analysis & Market Share 7.1 Cellular 7.1.3 Overview 7.1.4 Market Size and Forecast 2016-2024 7.2 Wi-Fi 7.2.3 Overview 7.2.4 Market Size and Forecast 2016-2024 7.3 Satellite Communication 7.3.3 Overview 7.3.4 Market Size and Forecast 2016-2024 7.4 Radio Frequency Identification (RFID) 7.4.3 Overview 7.4.4 Market Size and Forecast 2016-2024 7.5 Others 7.5.3 Overview 7.5.4 Market Size and Forecast 2016-2024 8 GLOBAL INTERNET OF THINGS AEROSPACE & DEFENSE MARKET, BY APPLICATIONS 8.1 Applications Type Segment Analysis & Market Share 8.1 Real Time Fleet Management (RTFM) 8.1.3 Overview 8.1.4 Market Size and Forecast 2016-2024 8.2 Training & Simulation 8.2.3 Overview 8.2.4 Market Size and Forecast 2016-2024 8.3 Health Monitoring 8.3.3 Overview 8.3.4 Market Size and Forecast 2016-2024 8.4 Equipment Maintenance 8.4.3 Overview 8.4.4 Market Size and Forecast 2016-2024 8.5 Inventory Management 8.5.3 Overview 8.5.4 Market Size and Forecast 2016-2024 8.6 Others 8.6.3 Overview 8.6.4 Market Size and Forecast 2016-2024 9 GLOBAL INTERNET OF THINGS AEROSPACE & DEFENSE MARKET, BY REGION 9.1 Geography Type Segment Analysis & Market Share 9.1 North America 9.1.3 Overview 9.1.4 Global Standing in Internet of Things Aerospace & Defense Market 9.1.4.2 By Application 9.1.4.2.1 Real Time Fleet Management (RTFM) 9.1.4.2.2 Training & Simulation 9.1.4.2.3 Health Monitoring 9.1.4.2.4 Equipment Maintenance 9.1.4.2.5 Inventory Management 9.1.4.2.6 Others 9.1.4.3 Market size and share 9.1.5 Market Size and Forecast 2016-2024 9.2 Europe 9.2.3 Overview 9.2.4 Global Standing in Internet of Things Aerospace & Defense Market 9.2.4.2 By Application 9.2.4.2.1 Real Time Fleet Management (RTFM) 9.2.4.2.2 Training & Simulation 9.2.4.2.3 Health Monitoring 9.2.4.2.4 Equipment Maintenance 9.2.4.2.5 Inventory Management 9.2.4.2.6 Others 9.2.4.3 Market size and share 9.2.5 Market Size and Forecast 2016-2024 9.3 Asia Pacific 9.3.3 Overview 9.3.4 Global Standing in Internet of Things Aerospace & Defense Market 9.3.4.2 By Application 9.3.4.2.1 Real Time Fleet Management (RTFM) 9.3.4.2.2 Training & Simulation 9.3.4.2.3 Health Monitoring 9.3.4.2.4 Equipment Maintenance 9.3.4.2.5 Inventory Management 9.3.4.3 Others Market size and share 9.3.5 Market Size and Forecast 2016-2024 9.4 Latin America, Middle East and Africa 9.4.3 Overview 9.4.4 Global Standing in Internet of Things Aerospace & Defense Market 9.4.4.2 By Application 9.4.4.2.1 Real Time Fleet Management (RTFM) 9.4.4.2.2 Training & Simulation 9.4.4.2.3 Health Monitoring 9.4.4.2.4 Equipment Maintenance 9.4.4.2.5 Inventory Management 9.4.4.3 Others Market size and share 9.4.3 Market Size and Forecast 2016-2024 10 COMPITITIVE LANDSCAPE 10.1 Market Share/ Positioning Analysis 10.2 Key Innovators 10.3 Company Profiles 10.3.3 AEROVIRONMENT, INC. 10.3.3.2 Overview 10.3.3.3 Service Portfolio 10.3.3.4 Global Geographical Footprint 10.3.3.5 Strategic Initiatives 10.3.3.6 SWOT Analysis 10.3.3.7 Competitive Assessment 10.3.4 AT&T 10.3.4.2 Overview 10.3.4.3 Service Portfolio 10.3.4.4 Global Geographical Footprint 10.3.4.5 Strategic Initiatives 10.3.4.6 SWOT Analysis 10.3.4.7 Competitive Assessment 10.3.5 VERIZON COMMUNICATIONS 10.3.5.2 Overview 10.3.5.3 Service Portfolio 10.3.5.4 Global Geographical Footprint 10.3.5.5 Strategic Initiatives 10.3.5.6 SWOT Analysis 10.3.5.7 Competitive Assessment 10.3.6 ELBIT SYSTEMS 10.3.6.2 Overview 10.3.6.3 Service Portfolio 10.3.6.4 Global Geographical Footprint 10.3.6.5 Strategic Initiatives 10.3.6.6 SWOT Analysis 10.3.6.7 Competitive Assessment 10.3.7 FREEWAVE TECHNOLOGIES 10.3.7.2 Overview 10.3.7.3 Service Portfolio 10.3.7.4 Global Geographical Footprint 10.3.7.5 Strategic Initiatives 10.3.7.6 SWOT Analysis 10.3.7.7 Competitive Assessment 10.3.8 GENERAL ATOMICS AERONAUTICAL SYSTEMS 10.3.8.2 Overview 10.3.8.3 Service Portfolio 10.3.8.4 Global Geographical Footprint 10.3.8.5 Strategic Initiatives 10.3.8.6 SWOT Analysis 10.3.8.7 Competitive Assessment 10.3.9 HONEYWELL INTERNATIONAL, INC. 10.3.9.2 Overview 10.3.9.3 Service Portfolio 10.3.9.4 Global Geographical Footprint 10.3.9.5 Strategic Initiatives 10.3.9.6 SWOT Analysis 10.3.9.7 Competitive Assessment 10.3.10 AERIS 10.3.10.2 Overview 10.3.10.3 Service Portfolio 10.3.10.4 Global Geographical Footprint 10.3.10.5 Strategic Initiatives 10.3.10.6 SWOT Analysis 10.3.10.7 Competitive Assessment 10.3.11 NORTHRUP GRUNMAN 10.3.11.2 Overview 10.3.11.3 Service Portfolio 10.3.11.4 Global Geographical Footprint 10.3.11.5 Strategic Initiatives 10.3.11.6 SWOT Analysis 10.3.11.7 Competitive Assessment 10.3.12 PROX DYNAMICS 10.3.12.2 Overview 10.3.12.3 Service Portfolio 10.3.12.4 Global Geographical Footprint 10.3.12.5 Strategic Initiatives 10.3.12.6 SWOT Analysis 10.3.12.7 Competitive Assessment 10.3.13 RADISYS 10.3.13.2 Overview 10.3.13.3 Service Portfolio 10.3.13.4 Global Geographical Footprint 10.3.13.5 Strategic Initiatives 10.3.13.6 SWOT Analysis 10.3.13.7 Competitive Assessment 10.3.14 TEXTRON SYSTEMS 10.3.14.2 Overview 10.3.14.3 Service Portfolio 10.3.14.4 Global Geographical Footprint 10.3.14.5 Strategic Initiatives 10.3.14.6 SWOT Analysis 10.3.14.7 Competitive Assessment 10.3.15 BOMBARDIER INC. 10.3.15.2 Overview 10.3.15.3 Service Portfolio 10.3.15.4 Global Geographical Footprint 10.3.15.5 Strategic Initiatives 10.3.15.6 SWOT Analysis 10.3.15.7 Competitive Assessment 10.3.16 INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) 10.3.16.2 Overview 10.3.16.3 Service Portfolio 10.3.16.4 Global Geographical Footprint 10.3.16.5 Strategic Initiatives 10.3.16.6 SWOT Analysis 10.3.16.7 Competitive Assessment 10.3.17 AIRBUS GROUP SE 10.3.17.2 Overview 10.3.17.3 Service Portfolio 10.3.17.4 Global Geographical Footprint 10.3.17.5 Strategic Initiatives 10.3.17.6 SWOT Analysis 10.3.17.7 Competitive Assessment 10.3.18 GENERAL ELECTRIC 10.3.18.2 Overview 10.3.18.3 Service Portfolio 10.3.18.4 Global Geographical Footprint 10.3.18.5 Strategic Initiatives 10.3.18.6 SWOT Analysis 10.3.18.7 Competitive Assessment 10.3.19 THE BOEING COMPANY 10.3.19.2 Overview 10.3.19.3 Service Portfolio 10.3.19.4 Global Geographical Footprint 10.3.19.5 Strategic Initiatives 10.3.19.6 SWOT Analysis 10.3.19.7 Competitive Assessment 10.3.20 SYNOPSYS, INC. 10.3.20.2 Overview 10.3.20.3 Service Portfolio 10.3.20.4 Global Geographical Footprint 10.3.20.5 Strategic Initiatives 10.3.20.6 SWOT Analysis 10.3.20.7 Competitive Assessment 10.3.21 BAE SYSTEMS 10.3.21.2 Overview 10.3.21.3 Service Portfolio 10.3.21.4 Global Geographical Footprint 10.3.21.5 Strategic Initiatives 10.3.21.6 SWOT Analysis 10.3.21.7 Competitive Assessment 10.3.22 SAP SE 10.3.22.2 Overview 10.3.22.3 Service Portfolio 10.3.22.4 Global Geographical Footprint 10.3.22.5 Strategic Initiatives 10.3.22.6 SWOT Analysis 10.3.22.7 Competitive Assessment 10.3.23 CEVA, INC. 10.3.23.2 Overview 10.3.23.3 Service Portfolio 10.3.23.4 Global Geographical Footprint 10.3.23.5 Strategic Initiatives 10.3.23.6 SWOT Analysis 10.3.23.7 Competitive Assessment 10.3.24 ZODIAC AEROSPACE 10.3.24.2 Overview 10.3.24.3 Service Portfolio 10.3.24.4 Global Geographical Footprint 10.3.24.5 Strategic Initiatives 10.3.24.6 SWOT Analysis 10.3.24.7 Competitive Assessment 10.3.25 TEXAS INSTRUMENTS INC 10.3.25.2 Overview 10.3.25.3 Service Portfolio 10.3.25.4 Global Geographical Footprint 10.3.25.5 Strategic Initiatives 10.3.25.6 SWOT Analysis 10.3.25.7 Competitive Assessment 10.3.26 Radisys 10.3.26.2 Overview 10.3.26.3 Service Portfolio 10.3.26.4 Global Geographical Footprint 10.3.26.5 Strategic Initiatives 10.3.26.6 SWOT Analysis 10.3.26.7 Competitive Assessment 10.3.26 Textron Systems. 10.3.27.2 Overview 10.3.27.3 Service Portfolio 10.3.27.4 Global Geographical Footprint 10.3.27.5 Strategic Initiatives 10.3.27.6 SWOT Analysis 10.3.27.7 Competitive Assessment 11 SUCCESS STORIES: KEY INDUSTRY PLAYERS 11.1 AIRBUS GROUP SE 11.2 THE BOEING COMPANY 11.3 ZODIAC AEROSPACE 12 CONSOLIDATION 12.1 Mergers and Acquisitions 12.2 Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 12.3 Patent Analysis 13 LIST OF TABLES 14 LIST OF FIGURES
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