The flight data monitoring market ecosystem comprises flight data software, system, and service providers, such as Curtiss Wright (US), Teledyne Controls LLC (US), Safran Electronics & Defense (US), Guardian Mobility (US), Flight Data Services Ltd. (US), and Scaled Analytics Inc. (US). “Based on component, the FDM service segment is estimated to account for the largest share of the flight data monitoring market in 2017.”
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The flight data monitoring market is estimated to grow from USD 3.45 Billion in 2016 to USD 5.34 Billion by 2022, at a CAGR of 7.55% from 2017 to 2022. Objectives of this study are to analyze the flight data monitoring market, along with its statistics from 2017 to 2022.
It also aims to define, describe, and forecast flight data monitoring market on basis of end user, solution type, component, and region.
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Flight Data Monitoring Market, by End User
- Fleet Operators
- Drone operators
- FDM Service Providers
- Investigation Agencies
Flight Data Monitoring Market, by Solution Type
- On Board
- On Ground
Flight Data Monitoring Market, by Component
- FDM Service
- FDM Software
- FDM System
Flight Data Monitoring Market, by Region
- North America
- Asia Pacific
- Rest of the World (Latin America, Middle East, and Africa)
North America estimated to account for largest share of flight data monitoring market in 2017. This share of North America can be attributed to large aircraft fleet size as well as presence of component manufacturers and service providers in US.
Market in Asia Pacific is projected to grow at the highest CAGR of 9.80% during forecast period due to growing demand for aircraft and flight data monitoring services from Asia Pacific countries in recent years.
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Asia Pacific is expected to account for the largest market share of the global gas insulated switchgear market in 2018. This trend is projected to continue till 2023.
It is the most populated region in the world and consequently witnesses a high demand for electricity. Countries such as China, Japan, and India are investing in their grid expansion projects to increase distribution grid reliability.
Target Audience for this Report:
- Private Aircraft Operators
- UAV Operators
- Aviation Industry
- Technology Support Providers
- Aircraft Data Analysis Service Providers
- Scientific Research Centers across Regions
Major system manufacturers, software developers, and service providers in the flight data monitoring market are located in the US, the UK, and France. Europe and the Asia Pacific are the prime markets for service providers.
This market study further analyses market drivers, restraints, opportunities, and challenges to access the impact of these factors on the market.
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The report provides in-depth market intelligence regarding the market dynamics and major factors such as drivers, restraints, opportunities, and industry-specific challenges that influence the growth of the flight data monitoring market, along with analyzing micro markets with respect to individual growth trends, prospects, and their contribution to the flight data monitoring market.
2 Market Share, By Value, 2016
3 Competitive Scenario
4 New Product Developments
5 Contracts & Agreements
6 Mergers & Acquisitions
8 Investments & Expansions
9 Joint Ventures
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