High Operational Value Equipment provide Substantial Airport Asset Tracking Market Opportunities
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With an increasing number of global flights, as well as passenger inflation (e.g. number of passengers per plane), the aviation industry is under great pressure to operate as efficiently as possible. Both passenger airlines and cargo planes rely upon a variety of ground support equipment and machinery including cargo handling and aircraft-related assets. Some of these assets are high book value whereas other tools and equipment are lower value individually, but mission-critical regarding safety, asset protection, and on-time performance.
Leading airport asset tracking solution companies are focusing on the asset value to a business or governmental organization rather than the book value of the asset itself. For example, there are many medium-value assets involved in ground support operations for aircraft such as dollies, service stairs, and tripod jacks. An aircraft chock (used to hold a plane in place on the ground so that it does not roll prior to push-back) typically costs less than $100 each.
While representing a small book value to an organization, the aircraft chock has a very important role from an operational value standpoint. Commercial airliners represent multi-million-dollar investments. Positive public relations are an invaluable intangible asset for a commercial air transport company. Accordingly, an incident involving an aircraft drifting into a physical object (or even worse, hurting a person) would be a PR disaster. Accordingly, the operational value of a chock is much more than its book value.
Leading vendors offer aviation and airport asset tracking solutions that enable cost savings and efficiency improvements through enhanced equipment visibility, command, and control. Geo-location identification is a critical element of all solutions with real-time location services (RTLS) becoming a viable solution for modern aviation operations management systems (AOMS). RTLS solutions provide data necessary for AOMS to provide decision support for aviation support personnel ranging from the tarmac to the hanger and supply storage.
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Table of Contents
1.0 Executive Summary
2.0 Introduction
2.1 Asset Tracking Overview
2.1.1 Asset Tracking Functions
2.1.2 Asset Tracking Systems
2.2 Asset Types
2.2.1 Fixed, Portable, and Mobile Assets
2.2.2 High, Medium, and Low Assets
2.3 Asset Tracking Market Segmentation
2.4 Business Drivers for Asset Tracking
2.4.1 Connected Devices
2.4.1.1 Connected Consumer Devices
2.4.1.2 Connected Enterprise Assets
2.4.1.3 Connected Industrial Assets
2.4.2 Optimizing Enterprise and Industrial Device Management
2.4.3 Smart Cities, Buildings, and Workplaces
2.5 Asset Tracking Technologies
2.5.1 Mobility Management and Connectivity Technology
2.5.2 5G and Multi-access Edge Computing
2.5.3 Machine to Machine (M2M) and Internet of Things (IoT)
2.5.4 Artificial Intelligence in Asset Tracking
2.5.5 Advanced Data Analytics Support of Asset Tracking
2.5.6 Blockchain Technology and Asset Tracking
3.0 Asset Tracking Solutions
3.1 Solution Considerations
3.1.1 Fixed vs. Portable vs. Mobile Assets
3.1.2 Asset Value
3.1.2.1 High Value
3.1.2.2 Medium Value
3.1.2.3 Low Value
3.2 Solution Needs
3.2.1 Inventory Management
3.2.2 Asset Control and Redirection
3.2.3 Asset Tracking vs. Asset Control
3.2.3.1 Real-time vs. Non-real time Tracking and Location
3.2.3.2 Asset Location Precision and Movement Frequency
3.2.3.3 Alignment with Workforce (Human Assets)
3.3 Specific Solutions
3.3.1 Facility Management
3.3.2 Vehicle Tracking
3.3.3 Commercial Fleet Tracking
3.4 Asset Tracking Infrastructure and Services
3.4.1 Asset Tracking Software and Platforms
3.4.2 Asset Tracking System Deployment and Services
4.0 Aviation and Airport Asset Tracking Market Drivers
4.1 Overall Industry Growth
4.2 Performance Objectives
4.3 Recognition that Low Book Value Assets are Important
4.4 Comprehensive Focus on Ground Support Equipment
5.0 Company Analysis
5.1.1 Adveez
5.1.2 Avexus
5.1.3 AvPorts
5.1.4 Cityworks
5.1.5 Core Transport Technologies, Inc.
5.1.6 Dynamic Systems Inc.
5.1.7 Eagle Integrated Solutions
5.1.8 Geotab
5.1.9 I.D. Systems
5.1.10 Inform Software
5.1.11 infsoft GmbH
5.1.12 Inseego Corp.
5.1.13 Litum IoT
5.1.14 MAINtag
5.1.15 Maintenance Connection
5.1.16 MiX Telematics
5.1.17 OnAsset Intelligence
5.1.18 Pinnacle Telematics
5.1.19 proveo GmbH
5.1.20 Quantum Aviation Solutions
5.1.21 Radiant RFID
5.1.22 RedBite Solutions
5.1.23 Resonate MP4 (XOPS)
5.1.24 Sensolus
5.1.25 ServiceTec Airport Services
5.1.26 Smart Asset Manager Limited
5.1.27 Speedshield Technologies (Adaptalift Group)
5.1.28 Targa Telematics
5.1.29 Tdata, Inc.
5.1.30 TMA Systems
5.1.31 TrackIT Solutions FZ LLC
5.1.32 Traka
5.1.33 Tri-Logical Technologies
5.1.34 Undagrid (GSEtrack)
5.1.35 Unilode Aviation Solutions
5.1.36 Veovo
5.1.37 Znapz Maximo
6.0 Asset Tracking Market Forecasts 2021 - 2026
6.1 Aggregate Global Asset Tracking Market
6.2 Asset Tracking Market by Aviation Vehicle and Support Equipment
6.3 Asset Tracking Deployment by Aviation Vehicle and Machinery Type
7.0 Conclusions and Recommendations
Figures
Figure 1: Asset Tracking System
Figure 2: Asset Tracking Technology Timeline
Figure 3: 3D Simulation Platform
Figure 4: Multi-Site Asset Location Tracking
Figure 5: Real-Time GPS Satellite-based Vehicle Tracking
Figure 6: GPS based Industrial Fleet Tracking
Figure 7: Asset Tracking Industry Adoption Trends
Figure 8: In-Flight Asset Management
Figure 9: Global Consolidated Asset Tracking Market 2021 - 2026
Figure 10: Future of Asset Tracking Market is Long Tail Assets
Tables
Table 1: Asset Tracking Market by Aviation Vehicle and Machinery Type 2021 - 2026
Table 2: Global Asset Tracking Market by Ground Support Equipment 2021 - 2026
Table 3: Global Asset Tracking Market by Non-Powered Ground Support Equipment 2021 - 2026
Table 4: Global Asset Tracking Market by Powered Ground Support Equipment 2021 - 2026
Table 5: Asset Tracking Unit Deployment by Aviation Vehicle and Machinery Types 2021 - 2026
Table 6: Global Asset Tracking Unit Deployment by Ground Support Equipment 2021 - 2026
Table 7: Global Asset Tracking Unit Deployment by Non-Powered Ground Support Equipment 2021 - 2026
Table 8: Global Asset Tracking Unit Deployment by Powered Ground Support Equipment 2021 - 2026
Companies Mentioned
- Adveez
- Avexus
- AvPorts
- Cityworks
- Core Transport Technologies, Inc.
- Dynamic Systems Inc.
- Eagle Integrated Solutions
- Geotab
- I.D. Systems
- Inform Software
- infsoft GmbH
- Inseego Corp.
- Litum IoT
- MAINtag
- Maintenance Connection
- MiX Telematics
- OnAsset Intelligence
- Pinnacle Telematics
- proveo GmbH
- Quantum Aviation Solutions
- Radiant RFID
- RedBite Solutions
- Resonate MP4 (XOPS)
- Sensolus
- ServiceTec Airport Services
- Smart Asset Manager Limited
- Speedshield Technologies (Adaptalift Group)
- Targa Telematics
- Tdata, Inc.
- TMA Systems
- TrackIT Solutions FZ LLC
- Traka
- Tri-Logical Technologies
- Undagrid (GSEtrack)
- Unilode Aviation Solutions
- Veovo
- Znapz Maximo
Methodology
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