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What's driving the Flight Inspection Market Trends? Safran, Textron Aviation Inc, Bombardier, Norwegian Special Mission AS, Airfield Technology Inc, Saab AB, Cobham PLC, Radiola Limited, ENAV

05-22-2020 04:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

Flight Inspection Market

Flight Inspection Market

Commercial airports will emerge as the major revenue pockets for flight inspection market. The rapid growth in number of air travelers is expected to boost new construction activities. Ongoing development of new commercial airports across the globe will favorably drive flight inspection industry share over the years ahead. According to the International Air Transport Association (IATA), there were some 3.8 billion air travelers recorded in 2016, which are predicted to swell up to 7.2 billion by the end of 2035.

The growing airport construction activities across the globe is anticipated to support the expansion of flight inspection market share. Currently, Asia Pacific leads in the number of airport construction activities owing to high investments from the countries comprising China and India to develop air travel in the region. In order to support expansion of air traffic in the continent, a number of construction projects related to new and existing airports are in the pipeline, which will accelerate the demand for flight inspection systems.

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Recently developed advanced inspection drones are intended for use within a hangar. After being programmed with a predefined inspection path, the drone automatically flies around the aircraft structure gathering all critical data in the form of high resolution images. These images are then transferred to a technician who compares them with the aircraft's 3D structural model to locate any surface damages. The system will not only reduce the overall inspection time but also will help to maintain utmost quality during the flight inspections. Less time consumed means less aircraft downtime, and apparently more chances of revenue regeneration for the airline industry, thus augmenting growth trends for commercial flight inspection market share.

Significant growth in the global defense expenditure complemented by the need to integrate advanced radars and other navigational aids to support airfield operations will further accelerate product demand. Additionally, the rising number of defense air bases owing to heightened tensions between some major countries will create large-scale opportunities to foster combat flight inspection market share.

Recently, U.S. Air Force signaled toward increasing 25 percent of its combat squadrons, to face any situation of major warfare against great powers like China and Russia. The superpower wants to have 386 operational squadrons by around 2025-2030, from its current 312 capacity. The motive of U.S. military toward increasing the strength of air force in the coming years is projected to push the heavy requirement of aircrafts, thus augmenting flight inspection market outlook from military applications.

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Some Point from Table of Contents:

Chapter 5. Flight Inspection Market, By System
5.1. Global flight inspection industry share by system, 2018 & 2025
5.2. Precision Approach Path Indicator (PAPI)
5.2.1. Global market estimates and forecasts, 2013 - 2025
5.2.2. Market estimates and forecast, by region, 2013 - 2025
5.3. Instrument Landing System (ILS)
5.3.1. Global market estimates and forecasts, 2013 - 2025
5.3.2. Market estimates and forecast, by region, 2013 - 2025
5.4. Very High Frequency (VHF) Omni-Directional Range (VOR)
5.4.1. Global market estimates and forecasts, 2013 - 2025
5.4.2. Market estimates and forecast, by region, 2013 - 2025
5.5. Distance Measuring Equipment (DME)
5.5.1. Global market estimates and forecasts, 2013 - 2025
5.5.2. Market estimates and forecast, by region, 2013 - 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/flight-inspection-market

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