Aerospace Data Recorder Market | Industry Growth Prospects & Trends Analysis by 2025
TMR added a New Report “2017-2025 Global Aerospace Data Recorder Market Report Status and Outlook” in its Database. This report presents a comprehensive overview, market shares and growth opportunities of Aerospace Data Recorder Market by product type, application, key companies and key regions.
The top ten names operating in the global aerospace data recorder market are Honeywell International Inc., AstroNova Inc., Teledyne Technologies Inc., Curtiss-Wright Defense Solutions, FLYHT Aerospace Solutions Ltd., L-3 Technologies Inc., SLN Technologies, RUAG Group, Leonardo DRS, and Universal Avionics Systems Corporation.
As per a report by Transparency Market Research, the global aerospace data recorder market will likely register a lackluster CAGR of 4.6% during the period between 2017 and 2025 to reach a value of US$2.086 mn by 2025 from US$1.422 million in 2016.
Depending upon the different types of components, the global aerospace data recorder market can be classified into flight data recorder, cockpit voice recorder, quick access recorder, and data recorder. Among them, the cockpit voice recorder and flight data recorder together accounted for over 50.0% of the total revenue grossed in 2016. The cockpit voice recorder, further, is slated to grow at a healthy clip in the years to come.
Based on geography again, the market for aerospace data recorder market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. At present, North America holds the leading share in the market and is trailed by Europe. Serving to boost the market in the region is the proliferation of commercial airlines and swift expansion of air traffic in the last couple of years. This has necessitated better technologies such as flight recorders that help in better investigation in case of any untoward eventuality. Further, the U.S is ploughing large amounts in modernization of conventional systems embedded in defense aircrafts. This has resulted in manufacturers developing robust technologies in meet the demand of the U.S Department of Defense.
Aerospace Data Recorder Market
By Component –
By Software Type –
- On-Premise Software
- Off-Premise Software;
By End-users –
- Regulatory Agencies,
- Enterprises (Small, Mid and Large-Size Enterprises) and Law Firms)
Table of Content :
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
2. Research Methodology
3. Executive Summary
4. Market Overview
4.1. Product Overview
5. Market Dynamics
5.1. Drivers and Restraints Snapshot Analysis
5.2. Market Attractiveness
5.3. Aerospace Data Recorder Market, By Company (2016)
5.4. Competitive Strategies
Research objectives –
·To study and analyze the global Aerospace Data Recorder Market size by key regions/countries, product type and application, history data from 2017 to 2025, and forecast to 2025.
·To understand the structure of Aerospace Data Recorder Market by identifying its various subsegments.
·Focuses on the key global Aerospace Data Recorder players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
·To analyze the Aerospace Data Recorder with respect to individual growth trends, future prospects, and their contribution to the total market.
·To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).