The
" Aerospace Data Recorders Market to 2025 by Types (Cockpit Voice Recorder,
Flight Data Recorder, Data Loggers and Quick Access Recorder) and Application
(Commercial Aircraft, Military Aircraft) - Global Analysis and Forecast"
The scope of study involves understanding on the factors responsible for this
growth of aerospace data recorders market along with the estimates and
forecasts of the revenue and market share analysis and also lists the
significant aerospace data recorders players in the market and their key
developments.
Aerospace Data Recorders Market to 2025 - Global Analysis and Forecast by Types
and Application. Aerospace Data Recorders market is expected to grow to US$
2379.5 million by 2025 from US$ 1460.9 million in 2016. The aircraft
manufacturers across the globe are experiencing a huge demand for modernization
of aircrafts from commercial aviation as well as defense forces. The increasing
demand for new technologies in the commercial aircrafts, is leading the
commercial airlines to integrate the aircrafts with robust technologies in
order to meet the demand of rising passenger traffic. Moreover, the increasing
air accidents are also increasing the demand for advanced data and voice
recorders which facilitates in easy investigation during any accident or
incident of an aircraft.
On the other hand, defense forces across the globe are strengthening their
forces in order to combat any situations. Similarly, the forces are also
conducting modernization practices of their aircrafts with advanced
technologies in order to equip their aircrafts with enhanced systems and
technologies. The modernization of military aircrafts includes upgrading or
retrofitting of data recorders and voice recorders, which facilitates in
gathering information regarding the aircrafts and also during any aircraft
accident.
The global aerospace data recorders market by geography is segmented into five
regions including North America, Europe, Asia Pacific, Middle East & Africa
and South America. North America region held the largest market share in the
global aerospace data recorders market in 2016, followed by Europe. US being
key investor in North American region led the aerospace data recorders market
in 2016 and is also estimated to retain its dominance during the forecast
period from 2017 to 2025. The key players profiled in the report are L-3
Technologies Inc., RUAG AG, AstroNova Inc., Universal Avionics Systems
Corporation, Honeywell International Inc., Curtiss-Wright Defense Solutions,
MadgeTech Inc., Leonardo DRS, Teledyne Technologies Inc., and FLYHT Aerospace
Solutions among others.
The report segments the global Aerospace Data Recorders market as follows:
Global Aerospace Data Recorders Market - By Systems
Cockpit Voice Recorder
Flight Data Recorder
Data Logger
Quick Access Recorder
Global Aerospace Data Recorders Market - By Application
Commercial Aircraft
Military Aircraft
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