Data Bridge Market Research has recently published the comprehensive business research on "
Asia-Pacific Flight Data Recorder Market" includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. "Asia-Pacific Flight Data Recorder Market" research report gives critical information about the market and business landscape. It suggests how the company is perceived by the target customers and clients that are desired to reach. The report helps understand how to connect with customers, how to stack up against the competition, and how to plan next steps. It plays an important role in the process of developing products and services, bringing them to the marketplace, and marketing them to consumers. For many businesses, "Asia-Pacific Flight Data Recorder Market" report acts as a key component in developing marketing strategy by providing a fact-based foundation for estimating sales and profitability.
Data Bridge Market Research analyses that the Asia-Pacific flight data recorder market is expected to reach a value of USD 569,382.53 thousand by 2030, at a CAGR of 4.4% during the forecast period. The Asia-Pacific flight data recorder market report also comprehensively covers pricing analysis, patent analysis, and technological advancements.
Market Definition:
A flight data recorder is an electronic device placed within an aircraft to facilitate the examination of aviation occurrences and emergencies. Referred to as the "black box" in the European aviation sector, the flight data recorder comes in two variants aboard an aircraft. The first type, the flight data recorder, documents various parameters within the box to chronicle the recent flight history. The second type is the cockpit voice recorder, responsible for storing real-time auditory data from the cockpit, including pilot conversations.
Moreover, the data recording in flight requires various electronic and electric components segmented based on their function and type. However, different types of aircraft have different recording devices, different recording times, and different types of installation involvement. These different types of recording data are used for different purposes involving defense, commercial and personal.
Some of the major players operating in the Asia-Pacific 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
Asia-Pacific Flight Data Recorder Market Scope:
Asia-Pacific 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:
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:
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:
On the basis of recording media, the market is segmented into solid state flight recorder and magnetic tape.
End User:
On the basis of end user, the market is segmented into civil & commercial aircraft, military aircraft, and helicopter.
Asia-Pacific Flight Data Recorder Market Regional Analysis/Insights:
Asia-Pacific 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 countries covered in the Asia-Pacific flight data recorder market report are China, Japan, India, South Korea, Australia, Indonesia, Singapore, Malaysia, Taiwan, Thailand, New Zealand, Philippines, Vietnam, and rest of Asia-Pacific.
China dominates globally as the growing population increases the demand for trading and e-commerce deliveries across many countries.
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. Also, the presence and availability of Asia-Pacific 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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