Flight data monitoring and analysis market

Flight Data Monitoring and Analysis Market, By Aircraft Type (Fixed Wing and Rotary Wing),By End-use Vertical (Civil (Commercial Aviation and General Aviation), and Military), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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Jan 2023
CMI3776
130 Pages
Excel & Pdf
Information and Communication Technology

Summary

Flight data monitoring and analysis (FDMA) is the process of analyzing recorded flight data, in order to enhance the safety and maintenance of flight operations. Currently, apart from using for safer flight operations, flight data monitoring and analysis is used for enhancing flight crew performance, maintenance areas of a fleet operator, air carrier training programs and operating programs, air traffic control procedures, and aircraft operations and design to run a successful aviation organization. FDMA offers various advantages including improved fuel consumption, reduction in fatal accidents, minimized unnecessary maintenance & repairs, and augmented pilot training programs. The global flight data monitoring and analysis market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

The Global Flight Data Monitoring and Analysis market was valued at US$ 1008.60 Mn in 2021.

Recent Developments:

In September 2022, Inmarsat, a telecommunications company, has announced a technological partnership with Teledyne Controls LLC, a prominent producer of aircraft data management solutions, this partnership will help Inmarsat to improve and support their airlines digital operations across Europe regions.

Flight Data Monitoring and Analysis Market Report Coverage

Report Coverage	Details
Base Year:	2021	Market Size in 2021:	US$ 1008.60 Mn
Historical Data for:	2017 to 2020	Forecast Period:	2022 to 2030
Forecast Period 2022 to 2030 CAGR:	9.2%	2030 Value Projection:	US$ 2186.30 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:	By Aircraft Type: Fixed Wing and Rotary Wing By End-use Vertical: Civil (Commercial Aviation and General Aviation) and Military
Companies covered:	Flight Data Services Ltd, Safran Electronics & Defense, Scaled Analytics Inc., NeST Aerospace Pvt Ltd, FlightDataPeople, Aerobytes Ltd, Helinalysis Ltd, Curtiss-Wright Corporation, French Flight Safety, Teledyne Controls LLC, Guardian Mobility Corporation, Metro Aviation, and Hi-Fly Marketing.
Growth Drivers:	Increasing adoption of FDMA as an integral part of safety management system is expected to drive growth of the global flight data monitoring and analysis market during the forecast period Strict mandatory regulations by national aviation authorities are expected to propel the global flight data monitoring and analysis market growth over the forecast period
Restraints & Challenges:	Concerns regarding data accessibility and misuse are expected to restrain growth of the global flight data monitoring and analysis market during the forecast period Lack of expertise in some companies is expected to hinder the global flight monitoring and analysis market growth over the forecast period

Restraint:

Concerns regarding data accessibility and misuse are expected to restrain growth of the global flight data monitoring and analysis market during the forecast period
Lack of expertise in some companies is expected to hinder the global flight monitoring and analysis market growth over the forecast period

Flight Data Monitoring and Analysis Market - Impact of Coronavirus (Covid-19) Pandemic:

The COVID-19 pandemic has significantly impacted the global flight data monitoring and analysis market. Lockdowns have been imposed around the world as a precautionary measure by governments. This led to the temporary suspension of all tourism businesses. Thus, flight data monitoring became impossible and the airline industry suffered a financial crisis as a result. Therefore global flight data monitoring and analysis market has witnessed sluggish growth during the pandemic.

North America held a dominant position in the global flight data monitoring and Analysis market in 2021

Statistics:

North America region dominated the global flight data monitoring and analysis market in 2021, accounting for a 66.8% share in terms of value, followed by Europe, Asia Pacific, and Latin America, respectively

Figure 1: Global Flight Data Monitoring and Analysis Market Share (%), By Region, 2021

North America flight data monitoring and analysis market is expected to witness a CAGR of 9.2% over the forecast period.

North America global flight data monitoring and analysis market is expected to be one of the prominent region in the global market witness high growth during the forecast period. This is owing increasing demand for flight data monitoring and analysis in emerging economies such as U.S. and Canada. Moreover, high disposable income, and high growth of aerospace sector. It is expected to boost the regional market growth.

Figure 2: Global Flight Data Monitoring and Analysis Market (US$ Mn) Analysis and Forecast, 2022 - 2030

The global flight data monitoring and analysis market was valued at US$ 1008.60 Mn in 2021 and is expected to reach US$ 2186.30 Mn by 2030, growing at a CAGR of 9.2% between 2022 and 2030.

Major players operating in the global flight data monitoring and analysis market include Flight Data Services Ltd, Safran Electronics & Defense, Scaled Analytics Inc., NeST Aerospace Pvt Ltd, FlightDataPeople, Aerobytes Ltd, Helinalysis Ltd, Curtiss-Wright Corporation, French Flight Safety, Teledyne Controls LLC, Guardian Mobility Corporation, Metro Aviation, and Hi-Fly Marketing.

Table of Content

Table of Contents

*Browse 60 market data tables and 40 figures on "Global Flight Data Monitoring and Analysis Market- Global forecast to 2030”.

Segmentation

Detailed Segmentation

Global Flight Data Monitoring And Analysis Market, By Aircraft Type:
- Fixed Wing
- Rotary Wing
Global Flight Data Monitoring And Analysis Market, By End-use Vertical:
- Civil
  - Commercial Aviation
  - General Aviation
- Military
Global Flight Data Monitoring And Analysis Market, By Region:
- North America
  - By Aircraft Type:
    - Fixed Wing
    - Rotary Wing
  - By End-use Vertical:
    - Civil
      - Commercial Aviation
      - General Aviation
    - Military
  - By Country:
    - U.S.
    - Canada
- Europe
  - By Aircraft Type:
    - Fixed Wing
    - Rotary Wing
  - By End-use Vertical:
    - Civil
      - Commercial Aviation
      - General Aviation
    - Military
  - By Country:
    - Germany
    - Italy
    - U.K.
    - France
    - Russia
    - Rest of Europe
- Asia Pacific
  - By Aircraft Type:
    - Fixed Wing
    - Rotary Wing
  - By End-use Vertical:
    - Civil
      - Commercial Aviation
      - General Aviation
    - Military
  - By Country:
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Latin America
  - By Aircraft Type:
    - Fixed Wing
    - Rotary Wing
  - By End-use Vertical:
    - Civil
      - Commercial Aviation
      - General Aviation
    - Military
  - By Country:
    - Brazil
    - Mexico
    - Argentina
    - Rest of Latin America
- Middle East and Africa
  - By Aircraft Type:
    - Fixed Wing
    - Rotary Wing
  - By End-use Vertical:
    - Civil
      - Commercial Aviation
      - General Aviation
    - Military
  - By Country/Region:
    - GCC Countries
    - South Africa
      - Rest of Middle East and Africa

- Frequently Asked Questions -

What is the expected market size of the global flight data monitoring and analysis market in 2030?

The global flight data monitoring and analysis market is expected to reach US$ 2186.30 million by 2030.

What is the expected compound annual growth rate (CAGR) of the market during the forecast period (2022-2030)?

The market is expected to witness a CAGR of 9.2% during the forecast period (2022-2030).

Based on Application, which segment held the largest market share in the flight data monitoring and analysis devices Market in 2021?

Aircraft type flight data monitoring and analysis segment held the largest market share among the application in 2021.

What is the primary factor contributing to the growth of the market?

Increasing adoption of flight data monitoring and analysis (FDMA) as an integral part of safety management system is expected to drive growth of the market during the forecast period.

Which region held the largest market share in the market in 2021?

North America held the largest share in the market in 2021.

Who are the key players operating in the market?

Key players operating in the global flight data monitoring and analysis are Flight Data Services Ltd, Safran Electronics & Defense, Scaled Analytics Inc., NeST Aerospace Pvt Ltd, FlightDataPeople, Aerobytes Ltd, Helinalysis Ltd, Curtiss-Wright Corporation, French Flight Safety, Teledyne Controls LLC, Guardian Mobility Corporation, Metro Aviation, and Hi-Fly Marketing.