This new report from Stratview Research analyses the Flight Data Monitoring Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Flight Data Monitoring Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Flight Data Monitoring Market is no different. Derived from the previous market scenario, the Flight Data Monitoring Market is likely to witness an impressive CAGR of 9.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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Flight Data Monitoring (FDM) Market Share: By Solution Type
Based on the solution type, the market is segmented as an onboard solution and on-ground solution. The on-ground segment is estimated to remain dominant during the forecast period. The growing application of the ground-based flight data monitoring analysis software is fueling the growth of the segment.
Flight Data Monitoring (FDM) Market Share: By Component Type
Based on the component type, the market is segmented as FDM service, FDM system, and FDM software. The FDM service segment led the market in 2018. 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.
Click below to run through the detailed ToC of the report:
Flight Data Monitoring (FDM) Market Share: By End-User Type
Based on the end-user type, the market is segmented as fleet operators, drone operators, investigation agencies, and FDM service providers. The fleet operators’ segment held a major share of the market in 2018. The escalating fleet size of prominent airlines in the APAC region is stimulating the growth of the flight data monitoring market during the forecast period.
Flight Data Monitoring (FDM) Market Share: By Region
In terms of regions, North America and Europe are 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 are 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 (FDM) Market: Key Players
Some of the major players in the flight data monitoring market are The Curtiss-Wright Corporation, Flyht, Flight Data Services, Flight Data People, Guardian Mobility, Scaled Analytics, SAGEM, and Teledyne Controls.
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