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North America Flight Inspection Market Advancements with 7.8% of CAGR by 2028 Aerodata AG, Airfield Technology, Inc., Bombardier Inc.

05-26-2022 08:13 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Business Market Insights

The North America flight inspection market is expected to grow from US$ 1,759.31 million in 2020 to US$ 2,976.18 million by 2027; it is estimated to grow at a CAGR of 7.8% from 2020 to 2027.

The regional aviation sector is experiencing significant growth in air traffic volume in terms of passenger count and aircraft fleet. This is mainly due to the increase in business and leisure travel as a result of higher disposable income. In addition to passenger air travel, the cargo air fleet volume is consistently rising in many countries. The constantly growing air traffic volume year-on-year has been leading the airports to invest toward flight inspection activities. The flight inspection service providers are increasingly accelerating the procurement of flight inspection equipment, i.e., airborne equipment and ground equipment. This is pacing up the production lines among the flight inspection system manufacturers.

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Routine inspection is of utmost importance for airport authorities to smoothen the operationality of aircraft movements. Apart from routine inspection, the commissioning of inspection services is also being carried out in several countries, as numerous new airports are coming up. Over the past couple of years, several airport authorities have been investing toward the expansion of runways and terminals. Several countries across the region are foreseen to contribute significantly toward the growth of flight inspection market, as the airport authorities across the region are investing toward the expansion of existing airports and construction of newer airports.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.businessmarketinsights.com/sample/TIPRE00027789/?utm_source=OpenPR&utm_medium=10470

Major Key players covered in this report:

• Aerodata AG
• Airfield Technology, Inc.
• Bombardier Inc.
• ENAV S.p.A.
• Norwegian Special Mission AS
• Radiola Limited
• Rohde & Schwarz GmbH & Co.
• Safran S.A
• Textron Inc.

North America Flight Inspection Market Segmentation

North America Flight Inspection Market - By Solution

System
Fixed System
Mobile System
Ground-based System
Services
Routine Services
Commissioning Services
Special Services

North America Flight Inspection Market - By End User

Defense Airport
Commercial Airport

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In case of COVID-19, North America is highly affected specially the US. The economic growth has lowered which delayed the ongoing projects of commercial and defense upgradation. US is one of the major exporters of aircraft but owing to disrupted supply chain and lowering economic conditions of importing countries the export revenue is lowered. Enhancing trade relation to support international supply post lockdown helped market to regain its position. The limiting strength of workforce due to physical distancing model hampered the production activities in country.

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Business Market Insights
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E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/
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About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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