An aircraft flight recorder, also known as a black box, is a device installed on aircraft to record flight data and audio from the cockpit. It is designed to provide important information in the event of an accident or incident, to help investigators determine the cause of the event and improve aviation safety. The global aircraft flight recorder market is expected to increase by USD 30.0 million, at a compound annual growth rate (CAGR) of 4.51% from 2023 to 2029, according to the latest edition of the Global Aircraft Flight Recorder Market Report. In addition to providing valuable information in the event of an accident, flight recorders are also used for routine maintenance and safety checks. Flight data can be analyzed to identify trends and potential issues, allowing for preventative maintenance and improvements in aviation safety.In addition to providing valuable information in the event of an accident, flight recorders are also used for routine maintenance and safety checks. Flight data can be analyzed to identify trends and potential issues, allowing for preventative maintenance and improvements in aviation safety.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global aircraft flight recorder market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, end user, and region. The global market for aircraft flight recorder can be segmented by type: flight data recorder (FDR), cockpit voice recorder (CVR), cockpit voice and data recorder (CVDR). Among these, the flight data recorder (FDR) segment was accounted for the highest revenue generator in 2022. Aircraft flight recorder market is further segmented by end user: civil and commercial aviation, military aviation. The civil and commercial aviation segment is estimated to account for the largest share of the global aircraft flight recorder market. Based on region, the aircraft flight recorder market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest share of the global aircraft flight recorder market in 2022 and is anticipated to hold its share during the forecast period.
Market Segmentation
By type: flight data recorder (FDR), cockpit voice recorder (CVR), cockpit voice and data recorder (CVDR)
By end user: civil and commercial aviation, military aviation
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The market research report covers the analysis of key stake holders of the global aircraft flight recorder market. Some of the leading players profiled in the report include L3 Harris Technologies Inc., General Electric Company, Curtiss-Wright Corp., Elbit Systems Ltd., Honeywell International Inc., Safran SA, Niron Systems & Projects Ltd., Leonardo SpA, Flight Data Systems Pty. Ltd (FDS), among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global aircraft flight recorder market.
• To classify and forecast the global aircraft flight recorder market based on type, end user, region.
• To identify drivers and challenges for the global aircraft flight recorder market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global aircraft flight recorder market.
• To identify and analyze the profile of leading players operating in the global aircraft flight recorder market.
Why Choose This Report
• Gain a reliable outlook of the global aircraft flight recorder market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2022 |
| Forecast Year | 2023-2029 |
| CAGR (2023-2029) | 4.51% |
| Pages | 86 |
| Key Players | L3 Harris Technologies Inc., General Electric Company, Curtiss-Wright Corp., Elbit Systems Ltd., Honeywell International Inc., Safran SA, Niron Systems & Projects Ltd., Leonardo SpA, Flight Data Systems Pty. Ltd (FDS) |
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