Digital storage plays a crucial role in virtually all aspects of aviation. It enables the industry to operate more safely, efficiently, and effectively. The global aviation digital storage market is projected to rise by USD 84.6 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 2.22 percent during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the equipment type, aircraft type, and region. The global market data on aviation digital storage can be segmented by equipment type: cockpit voice & data recorder (CVDR), cockpit voice recorder (CVR), data transfer units (DTU), flight data recorder (FDR), quick access recorder (QAR). The FDR segment captured the largest share of the market in 2022. Aviation digital storage market is further segmented by aircraft type: commercial aircrafts, military aircrafts. The commercial aircrafts segment held the largest share of the global aviation digital storage market in 2022 and is anticipated to hold its share during the forecast period. Based on region, the aviation digital storage market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, North America made up the largest share of revenue generated by the aviation digital storage market.
The commercial aircrafts market is further segmented into passenger aircrafts, cargo jets, helicopters. According to the research, the passenger aircrafts segment had the largest share in the global aviation digital storage market. Furthermore, the military aircrafts market has been categorized into fighter jets, cargo jets, helicopters, others. The latest research indicates that the fighter jets segment occupied the largest share of this market in 2022 and is expected to draw the highest demand in coming years.
The global aviation digital storage market is highly competitive. The report also includes the profiles of leading companies such as ACR Electronics Inc., Curtis-Wright Corporation, Elbit Systems Ltd., GE Aviation, Honeywell International Inc., L3Harris Technologies Inc., Leonardo S.p.A., Niron Systems & Projects Ltd., Safran S.A.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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• Get a detailed picture of the Global Aviation Digital Storage Market
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2022 |
| Forecast Year | 2023-2029 |
| CAGR (2023-2029) | 2.22% |
| Pages | 23 |
| Key Players | ACR Electronics Inc., Curtis-Wright Corporation, Elbit Systems Ltd., GE Aviation, Honeywell International Inc., L3Harris Technologies Inc., Leonardo S.p.A., Niron Systems & Projects Ltd., Safran S.A. |
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