Data Bridge Market Research has recently released an extensive research report titled "
Flight Data Recorder Market" which aims to equip you with a competitive advantage by providing comprehensive and up-to-date information. This comprehensive study offers a deep understanding of the market, empowering you to navigate the industry successfully. Serving as a dependable source, the report uncovers the current market conditions and trends, making it an invaluable tool for formulating an effective marketing strategy. By presenting an expansive view of the market landscape, this report furnishes valuable insights into trends, opportunities, and the overall market status. Through strategic market research analysis and insightful business intelligence, this industry report explores the relevant markets for our clients. It also encompasses a detailed SWOT analysis and investment analysis of the extensive "Flight Data Recorder Market" thus projecting imminent opportunities for market players.
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.
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
uavnavigation.com.
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
Global 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
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.
Global 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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