Flight Data Monitoring Market is Forecasted to Reach US$ 7.4 Billion in 2028, Says Stratview Research

The global Flight Data Monitoring market is projected to witness a growth rate of 8.43% annually from 2023 to 2028, with an anticipated size of US$ 7.4 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Flight Data Monitoring market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/755/flight-data-monitoring-market.html#form

Report Highlights:
Market Size in 2028: US$ 7.4 billion
Growth (CAGR): 8.43% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+

Segment Insights on the Flight Data Monitoring Market:

The global Flight Data Monitoring market is segmented based on Solution type, Component type, End-User type, and Region.

Based on solution type - The market is segmented into an onboard solution and an on-ground solution. The on-ground segment is estimated to remain dominant during the forecast period. The growing application of ground-based flight data monitoring analysis software is fueling the growth of the segment.

Based on component type - The market is segmented as FDM service, FDM system, and FDM software. The FDM service segment led the market in 2022. Factors such as increasing aircraft deliveries globally and the demand for enhanced functional efficiency of airlines are bolstering the growth of the FDM service segment in the coming five years.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/755/flight-data-monitoring-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

In terms of regions, North America is expected to lead the flight data monitoring market during the forecast period. The market is driven by the presence of giant system manufacturers, software developers, and service providers in the flight data monitoring market that is located in the US, the UK, and France. Asia-Pacific is also expected to offer substantial growth opportunities in the coming five years.

Flight Data Monitoring Market Drivers:
Some of the key drivers listed in the report are given below.
• The growing claim for improved situational cognizance for efficient airline operations.
• The need to minimize the cost of unscheduled maintenance.
• The rising volume of data generated by the aviation industry.
• An upsurge in aircraft deliveries.

Top Companies in the Flight Data Monitoring Market:
Stratview Research has identified the following companies as the top market players.
• The Curtiss-Wright Corporation
• Flyht
• Flight Data Services
• Flight Data People
• Guardian Mobility
• Scaled Analytics
• SAGEM
• Teledyne Controls
Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Flight Data Monitoring Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com

Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.