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Aerospace Data Recorders Market is projected to Reflect 5.8% CAGR throughout 2017-2025

12-05-2017 08:50 AM CET | IT, New Media & Software

Press release from: The Insight Partners

The Insight Partners

The Insight Partners

According to a new market research study titled ‘Aerospace Data Recorders Market to 2025 – Global Analysis and Forecasts by Types and Application, the global aerospace data recorders market was valued at US$ 1460.9 Mn in 2016 and is estimated to reach US$ 2379.5 Mn by 2025. The report highlights the current trends in the global aerospace data recorders market and the factors influencing the growth of the market along with inhabitant factors.

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The rising demand for air travel across the globe has increased significantly, which is demanding for more, technologically enhanced aircraft. In order to meet the rising demand of passengers, the number of aircraft orders and deliveries are also increasing rapidly. The factor is highly beneficial for the aerospace data recorders manufacturers as they can offer and deliver the new, lightweight, compact, technologically robust data and voice recorders. In addition, the aircraft manufacturers are witnessing a substantial growth in modernization of aircrafts from commercial as well as military sectors in order to enhance the technicalities of the aircrafts. Owing to this factor, the aircraft manufacturers are increasing the number of aerospace data recorders numbers, as a result of which, the market for aerospace data recorders is growing at fair rate over the periods. However, the vulnerability to cyber-attack is restraining the growth of the market for aerospace data recorders.

Aerospace Data Recorder Market Key Players
Honeywell International Inc.
L3 Technologies, Inc
Teledyne Technologies, Inc.
RUAG Holdings AG
AstroNova Inc.
Universal Avionics Systems Corporation
Curtiss-Wright Defense Solutions
FLYHT Aerospace Solutions Ltd.
Leonardo DRS
MadgeTech Inc.

The report segments the global Aerospace Data Recorders market as follows:

Global Aerospace Data Recorders Market – By Type
Cockpit Voice Recorder
Flight Data Recorder
Data Loggers
Quick Access Recorder

Global Aerospace Data Recorders Market – By Application
Commercial Aircrafts
Military Aircrafts

Global Aerospace Data Recorders Market – By Geography

North America
U.S.
Canada
Mexico
Europe
Italy
Germany
Russia
U.K
Rest of Europe
Asia Pacific (APAC)
China
Japan
India
Rest of Asia Pacific
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of Middle East and Africa
South America (SAM)
Brazil
Rest of South America

Complete Report is Available at http://www.theinsightpartners.com/reports/aerospace-data-recorders-market

Company: The Insight Partners
Contact: Sameer Joshi
Phone: +91 9666111581
Email: sam[@]theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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