openPR Logo
Press release

Flight Data Monitoring and Analysis Market Asia Pacific to Exhibit Robust Growth Rate

Flight Data Monitoring and Analysis Market Asia Pacific

Transparency Market Research (TMR) observes that the competition in the global flight data monitoring and analysis market is extremely high due to the strong presence of several well-established players in the market. Entry of smaller players in the international market has made the scenario tough for the existing players. To remain relevant, leading companies are focusing on mergers and acquisitions to expand their product portfolio in the coming years. The top three players in the global market are Safran Electronics & Defense, Curtiss-Wright Corporation, and Teledyne Controls LLC. The collective share of these companies is estimated to reach 92% by the end of 2017.

Browse The Report: https://www.transparencymarketresearch.com/flight-data-monitoring-analysis-market.html

North America to Lead the Global Flight Data Monitoring and Analysis Market

According to the research report, the global flight data monitoring and analysis market is expected to be worth US$ 1,623.16 mn by the end of 2025 from US$677.6 mn in 2016. During the forecast years of 2017 and 2025, the global market for flight data monitoring and analysis market is estimated to progress at a CAGR of 10.4%. The fixed-wing segment is estimated to lead the global market as it is slated to acquire a share of 90.7% in the overall market. Higher safety offered by fixed-winged aircraft is expected to propel the segment. From a geographic point of view, the North America flight data monitoring and analysis market is expected to be the largest one. This regional market is slated to register a CAGR of 8.8% during the forecast period.

The demand for flight data monitoring and analysis (FDMA) has spiked in recent years due to the growing air traffic and mushrooming airline companies. These systems are used for proactive recording of flight data to understand the repetitive nature of operational inefficiencies. Thus, the primary purpose of FDMA to improve flight and maintenance operations and establishing excellent aviation safety standards. Today, application of FDMA extends to improving flight crew performance, air carrier training programs, air traffic control procedures, aircraft operations, and maintenance areas of a fleet operator along with improving flight operations. Thus, the widening application of these programs is expected to bolster the growth of the global market in the coming years.

Higher Profit Margins Ensure Swift Uptake of FDMA Programs

Adoption of flight data monitoring and analysis programs has resulted has led to a drastic reduction in accidents, allowed fuel economy, increased availability of aircraft, eliminated the need for unnecessary repairs and maintenance, and thereby ensured a higher profit margins for the aviation industry. In light of these reasons, the FDMA market is likely to find lucrative opportunities across the globe. According to the International Aviation Civil Organization (ICAO), it is now mandatory to have FDMA for aircraft that are above a specified maximum certificated take-off mass.

Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25028

Despite the brilliant market drivers steering the growth of the global market, it faces a few challenges. The key restraint for the global flight data monitoring and analysis market is the concern about data security. Though Flight Operations Quality Assurance (FOQA) maintains a tight lid on the data, making sure it is not misused, several airline operators continue to be hesitant about it. This factor is expected to tug the market in the downward direction in the coming years.

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Flight Data Monitoring and Analysis Market Asia Pacific to Exhibit Robust Growth Rate here

News-ID: 764303 • Views:

More Releases from Transparency Market Research

RF Chip Inductor Market Size to Reach over USD 1.8 billion by 2031 - Transparency Market Research Inc.
RF Chip Inductor Market Size to Reach over USD 1.8 billion by 2031 - Transparenc …
RF Chip Inductor Market are essential components in various electronic devices, providing inductance and functioning as filters, oscillators, and transformers. They play a crucial role in ensuring the efficiency and performance of RF circuits. With the rapid advancement in telecommunications, consumer electronics, and automotive industries, the demand for RF chip inductors has seen a significant rise. These components are integral in applications such as smartphones, IoT devices, and automotive electronics,
Solid Tires Market Expected to Witness Impressive Growth at a 8.1% CAGR by 2031
Solid Tires Market Expected to Witness Impressive Growth at a 8.1% CAGR by 2031
The latest research study released by Transparency Market Research on "Solid Tires Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. Solid Tires market is estimated to attain a valuation of US$ 760.0 Mn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8.1% during
Automotive Cyber security Market Sales Estimated to Hit USD 10.5 Billion by 2031| Says Transparency Market Research
Automotive Cyber security Market Sales Estimated to Hit USD 10.5 Billion by 2031 …
The latest research study released by Transparency Market Research on "𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐲𝐛𝐞𝐫 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Automotive Cyber security industry, as
Ready-mix Concrete Market to Witness Exponential Growth with a CAGR of 6.1% from 2022 to 2031: TMR Study
Ready-mix Concrete Market to Witness Exponential Growth with a CAGR of 6.1% from …
The latest research study released by Transparency Market Research on "𝐑𝐞𝐚𝐝𝐲-𝐦𝐢𝐱 𝐂𝐨𝐧𝐜𝐫𝐞𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Ready-mix Concrete industry, as well as

All 5 Releases


More Releases for FDMA

Rising Demand for Flight Safety and Efficiency Drives Growth in Flight Data Moni …
The Global Flight Data Monitoring and Analysis (FDMA) Market Report by Pragma Market Research provides a comprehensive overview of the market's latest trends, size, regulations, key players, and strategies. The report offers valuable insights into the market's sales and revenue, product type, applications, regions, and leading players. It also covers key players and competitor analysis, providing a comprehensive understanding of the market's commercial landscape. The report helps gain insights and understand
Flight Data Monitoring and Analysis (FDMA) Market Future Innovations, Growth Ele …
The Flight Data Monitoring and Analysis (FDMA) Market research report provides a comprehensive view on the industry with market insights on the competitive scenarios and market segments with complete representation through graphs, tables, and charts to market the study easy to use and compart the numbers and user friendly. Also, the micro and macroeconomic factors are studied minutely to provide the dominant factors and ones that have long-term impact on
Doubts Related to the Flight Data Monitoring and Analysis Explained in the Repor …
United State,Washington: CMI presents an updated and Latest Study on Flight Data Monitoring and Analysis Market 2020-2026. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the
Global Flight Data Monitoring and Analysis (FDMA) Industry Professional Market F …
This report also researches and evaluates the impact of Covid-19 outbreak on the Flight Data Monitoring and Analysis (FDMA) industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Flight Data Monitoring and Analysis (FDMA) and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). The research report published by GLOBAL INFO RESEARCH is a comprehensive study of the global Flight Data Monitoring and Analysis
Global Flight Data Monitoring and Analysis (FDMA) Market to Witness a Pronounce …
LP INFORMATION recently released a research report on the Flight Data Monitoring and Analysis (FDMA) market analysis, which studies the Flight Data Monitoring and Analysis (FDMA)'s industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "Flight Data Monitoring and Analysis (FDMA) Market 2020-2025" Research Report categorizes the global Flight Data Monitoring and Analysis (FDMA) market by key players, product type, applications
Flight Data Monitoring and Analysis Market: Demand for Improved Aviation Safety …
Transparency Market Research (TMR) observes that the competition in the global flight data monitoring and analysis market is extremely high due to the strong presence of several well-established players in the market. Entry of smaller players in the international market has made the scenario tough for the existing players. To remain relevant, leading companies are focusing on mergers and acquisitions to expand their product portfolio in the coming years. The