By accurately understanding and keeping into thought customer requirement, one step or combination of many steps has been employed to turn out this most excellent "Flight Data Recorder Market" research report. Emerging product trends, major drivers, challenges and opportunities in the market are evaluated accurately while generating this market report. This report encompasses an infinite knowledge and information on what the market’s definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is obtained from SWOT analysis. The worldwide "Flight Data Recorder Market" report includes all the company profiles of the major market players and brands.
Data Bridge Market Research analyses that the global flight data recorder market is expected to reach a value of USD 2,484,963.92 thousand by 2030, at a CAGR of 4.2% during the forecast period. The global flight data recorder market report also comprehensively covers pricing analysis, patent analysis, and technological advancements.
"Flight Data Recorder Market" report studies company profiles with respect to company snapshot, geographical presence, product portfolio, and recent developments. While generating this market research report, customer satisfaction is kept on the utmost priority. Comprehensive data and brilliant forecasting techniques used in this report coincide with precision and correctness. By maintaining quality and transparency strictly, research studies are carried out which offers an outstanding market research report for certain niche. All this data and statistics covered in the large scaleing "Flight Data Recorder Market" report lead to actionable ideas, improved decision-making and better mapping business strategies.
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Market Definition:
A flight data recorder is an electronic recording device installed in the aircraft to simplify the investigation of aviation incidents and accidents. The flight data recorder is also called a misnomer black box in the global industry. In an aircraft, two different forms of flight recorders are installed; one is a flight data recorder which preserves the current history through the recording of several parameters collected in the box, and meanwhile, the second one is a cockpit voice recorder which conserves the current data of the sounds in the cockpit, together with the conversation of the pilots.
Some of the major players operating in the global flight data recorder market are:
- Elbit Systems Ltd.
- Raytheon Technologies Corporation
- Safran
- Honeywell International Inc.
- GENERAL ELECTRIC
- Leonardo DRS
- L3Harris Technologies, Inc.
- Curtiss-Wright Corporation
- Teledyne Controls LLC
- AstroNova, Inc.
- SECO S.p.a.
- FLIGHT DATA SYSTEMS
- AERTEC
- SLN Technologies
- AMETEK, Inc.
- Flight Data Vision
- HR Smith Group of Companies
- FLYHT Aerospace Solutions Ltd.
- Aversan Inc.
- Latitude Technologies Corporation
- LX navigation d.o.o.
- niron-sys
Recent Developments:
- In November 2022, Leonardo DRS announced the merger closing of RADA Electronic Industries Ltd. This merger will help the company to become a combined public company. This will help the company to enhance its business expansion and be aligned with fast growing segments of the U.S. Department of Defense ("DoD") which will support its revenue growth.
- In June 2022, Safran announced a joint investment of about USD 6.32 thousand with Sintermat. This investment will help the company to enhance the business through the technology to support airplane and helicopters, which will enhance the product portfolio and attracts new customers to strengthen the market share for the company
Flight Data Recorder Market Scope:
Global flight data recorder market is segmented into nine notable segments based on type, components, aircraft type, function, recording time, installation type, platforms, media, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
By Type:
- Flight Data Recorder (FDR)
- Cockpit Voice Recorder (CVR)
- Quick Access Recorder (QAR)
On the basis of type, the market is segmented into Flight Data Recorder (FDR), Cockpit Voice Recorder (CVR) and Quick Access Recorder (QAR).
By Component:
- Memory Unit
- Electronic Controller Board
- Input Devices
- Power Supply
- Signal Beacon
- Others
On the basis of component, the market is segmented into memory unit, electronic controller board, input devices, power supply, signal beacon, and others.
Aircraft Type:
- Narrow Body
- Wide Body
- Rotorcrafts
- Business Jets
- Turboprop
- Others
On the basis of aircraft type, the market is segmented into narrow body, wide body, rotorcrafts business jets, turboprop, and others.
Function:
- Parametric Flight Data
- Record Flight Crew Audio
- Data Link Communication
- Others
On the basis of function, the market is segmented into parametric flight data, record flight crew, audio, data link communication, and others.
Recording Time:
- Above 20 Hours
- 2 – 20 Hours
- Up to 2 Hours
On the basis of recording time, the market is segmented into above 20 hours, 2 – 20 hours, and up to 2 hours.
Installation Type:
- New Installation
- Retrofit
On the basis of installation type, the market is segmented into new installation and retrofit.
Platform:
- Manned Aerial
- Unmanned Aerial
On the basis of platform, the market is segmented into manned aerial and unmanned aerial.
Recording Media:
- Solid State Flight Recorder
- Magnetic Tape
On the basis of recording media, the market is segmented into solid state flight recorder and magnetic tape.
End User:
- Civil & Commercial Aircraft
- Military Aircraft
- Helicopter
On the basis of end user, the market is segmented into civil & commercial aircraft, military aircraft, and helicopter.
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Flight Data Recorder Market Regional Analysis/Insights
Global flight data recorder market is analysed, and market size insights and trends are provided by region, type, components, aircraft type, function, recording time, installation type, platforms, media, and end user as referenced above.
The regions covered in the global flight data recorder market are Europe, North America, South America, Asia-Pacific, and Middle East and Africa. Countries covered in the global region are U.S., Canada, Mexico, France, Germany, U.K., Italy, Spain, Netherlands, Switzerland, Russia, Turkey, Belgium, Poland, Sweden, Denmark, Norway, Finland, and Rest of Europe, China, Japan, India, South Korea, Australia, Indonesia, Singapore, Malaysia, Taiwan, Thailand, New Zealand, Philippines, Vietnam, and rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Qatar, Israel, South Africa, Kuwait, Bahrain, Oman and rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
Europe is expected to grow in global flight data recorder market. As a result, the market is expanding due to the rising demand for flight safety and monitoring facilities with respective increase in the tourism and commercial delivery services across the region.
The region section of the report also provides individual market-impacting factors and market regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
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