Global Flight Data Monitoring (FDM) Market, By Type (On Board, On Ground), By Component (FDM Service

Published Date: | Report Code : AD1917091

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Market Dynamics:

The Flight Data Monitoring Market is expected to promise high growth owing to increasing demand for the airline industry in the developing countries in recent years. Increasing demand from end-use industries including fleet operators, drone operators, FDM service providers, investigation agencies is expected to drive the growth of the flight data monitoring market. This market has witnessed several key developments by major companies including Curtiss Wright, Flight Data Services Ltd, Scaled Analytics Inc., Guardian Mobility, and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

A flight data monitoring system monitors flight crew performances and traffic control procedures. It helps to detect problems or flaws that may lead to any major accident. The International Aviation Civil Organization has made it mandatory to equip aircraft with flight data monitoring systems, which have maximum take-off masses. The system comes in onboard and on-ground types. It is used by fleet operators, drone operators, investigation agencies, etc.

Strict regulations by the International Aviation Civil Organization to equip aircraft with flight data monitoring systems are fueling market growth. Moreover, flight data monitoring systems are expected to witness maximum demand for fixed-wing aircraft due to regulations to equip aircraft with a maximum take-off masses. This market in Asia Pacific and the Middle East is expected to witness high demand due to emerging economies and increasing safety levels.

Key Factors Impacting Market Growth:

  • Growth of the airline industry in developing countries
  • Regulations laid down by the International Aviation Civil Organization to equip aircraft with these systems

Regional Analysis:

The Flight Data Monitoring Market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. The rest of the World includes South America and Africa. North America and the European region have been traditional regions for the aerospace & defense sector with the presence of major manufacturers and high market demand. In addition to this, these regions have been aggressive in terms of technological developments and research. This is one of the key factors governing the demand for flight data monitoring market during the forecast period. Major countries in these regions include US, France, UK, Germany, Italy, Russia, Canada, and So on. This sector is one of the key contributors to the economies in the region. 

The Asia Pacific is estimated to be the fastest growing region with increasing expenditure on defense and space research. With presence of some of fastest growing economies including India and China, this region is projected to be a major market for the flight data monitoring market during the forecast period. Other key countries in the region include South Korea, Japan, and Australia. The Middle East region promises a high potential demand for the flight data monitoring market during the forecast period. Major countries in this region include UAE, Saudi Arabia, Iran, Israel, and others. The rest of the World is an emerging market for the flight data monitoring market with demand from countries including South Africa, Brazil, Argentina, Nigeria, and others during the forecast period.

Companies Covered: Curtiss Wright, Flight Data Services Ltd, Scaled Analytics Inc., Guardian Mobility, and Safran Electronics & Defense…

Market Segmentation:

By Type:

  • On Board
  • On Ground

By Component:

  • FDM Service
  • FDM System
  • FDM Software

By End User:

  • Fleet Operators
  • Drone Operators
  • FDM Service Providers
  • Investigation Agencies

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Component
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Component
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Component
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Component
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Component
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Component
    • By End User

Reasons To Buy This Report:

  • Market size estimation of the flight data monitoring system market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

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