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Flight Data Recorder Market worth $2.69 billion by 2030, growing at a CAGR of 5.15% - Exclusive Report by 360iResearch

08-08-2024 12:37 PM CET | Aerospace & Defense

Press release from: 360iResearch

Flight Data Recorder Market | 360iResearch

Flight Data Recorder Market | 360iResearch

The "Flight Data Recorder Market by Principle of Operation (Digital Recording, Magnetic Tape, Solid State Technology), Component (Memory Unit, Power Supply Components, Recorder Interface Unit), End-Use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

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A Flight Data Recorder (FDR), commonly referred to as a "black box," is an essential electronic device installed in aircraft to record key flight parameters, aiding in accident investigations. The necessity of FDRs spans safety compliance with FAA and ICAO regulations, accident analysis, and performance monitoring. They find application in accident investigations, fleet management, pilot training improvement, and regulatory compliance. FDR use extends across commercial aviation, military aviation, private jet operations, and Unmanned Aerial Vehicles (UAVs). Market growth is driven by technological advancements, rising global air traffic, stringent safety standards, and the development of lightweight, compact devices. Significant opportunities exist in integrating FDRs with IoT and big data analytics, developing advanced data storage solutions, and accessing emerging markets in regions such as Asia-Pacific and Africa. Challenges include high costs, regulatory changes, and the need for consistent technological upgrades. Innovation areas include the miniaturization and weight reduction of FDRs, enhanced data retrieval technologies, real-time data transmission, hybrid FDR/Cockpit Voice Recorder (CVR) systems, and AI-driven data analytics. The mature yet dynamic market requires substantial R&D investments, strategic expansion into high-growth regions, and leveraging advanced technologies to maintain competitive advantage and capture growth potential.

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Market Segmentation & Coverage:

This research report categorizes the Flight Data Recorder Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Principle of Operation, market is studied across Digital Recording, Magnetic Tape, and Solid State Technology.

Based on Component, market is studied across Memory Unit, Power Supply Components, Recorder Interface Unit, and Underwater Locator Beacon.

Based on End-Use, market is studied across Civil & Commercial Aviation and Military & Defense Aviation.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Key Company Profiles:

The report delves into recent significant developments in the Flight Data Recorder Market, highlighting leading vendors and their innovative profiles. These include Aertec Solutions SL, AMETEK, Inc., AstroNova, Inc., Aversan Inc., Curtiss-Wright Corporation, Elbit Systems Ltd., Flight Data Systems by ACR Electronics Inc., Flight Data Vision Limited, FLYHT Aerospace Solutions Ltd., General Electric Company, Hensoldt AG, Hindustan Aeronautics Limited, Honeywell International Inc., HR Smith Group of Companies, L3Harris Technologies, Inc., Leonardo S.p.A., LX Navigation d.o.o., RTX Corporation, Safran S.A., SECO S.p.A., SLN Technologies, Teledyne Technologies Incorporated, and UAV Navigation by Oesia Group.

Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the Flight Data Recorder Market

We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Flight Data Recorder Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Flight Data Recorder Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.

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Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Flight Data Recorder Market, by Principle of Operation
7. Flight Data Recorder Market, by Component
8. Flight Data Recorder Market, by End-Use
9. Americas Flight Data Recorder Market
10. Asia-Pacific Flight Data Recorder Market
11. Europe, Middle East & Africa Flight Data Recorder Market
12. Competitive Landscape
13. Competitive Portfolio

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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