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 universal
Flight Data Recorder Market report comprises of a detailed analysis of the market with key players, applications, types, and regions. It gives an in-depth knowledge on what the recent developments are, product launches are, while also keeping the track for recent acquisitions, mergers, joint ventures and competitive research in the global market industry. It includes historic data, present and future market trends, environment, technological innovation, upcoming technologies and the technical progress in the allied industry. By examining competitor analysis, automotive industry can get fluency of the strategies of key players in the market that includes new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions.
Flight Data Recorder Market survey report brings into light key market dynamics of the sector. This market research report is a vital document in planning business objectives or goals. It provides guidelines about planning of advertising and sales promotion efforts. The study conducted in this market report takes into consideration heterogeneous markets in accord with the requirement of automotive industry. It also scoops out the most excellent solutions and detailed information about the market trends. Devotion, commitment, dedication and resilience accompanied with integrated approaches are of high importance while creating Flight Data Recorder Market research document.
Data Bridge Market Research analyses that the 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 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 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 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
Flight Data Recorder Market Scope:
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:
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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