Dublin, Feb. 20, 2023 (GLOBE NEWSWIRE) The "Flight Data Monitoring and Analysis Market, By Aircraft Type,By End-use Vertical, By Region - Size, Share,.
A Comprehensive Study Exploring Flight Data Monitoring and Analysis (FDMA) Market | Key Players Scaled Analytics, Flight Data Services, Safran Electronics
A Comprehensive Study Exploring Flight Data Monitoring and Analysis (FDMA) Market | Key Players Scaled Analytics, Flight Data Services, Safran Electronics
Flight Data Monitoring System Market SWOT Analysis by Size, Status and Forecast to 2021-2027
iCrowd Newswire
12 May 2021, 16:08 GMT+10
2021-2030 Report on Global Flight Data Monitoring System Market by Player, Region, Type, Application and Sales Channel is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Flight Data Monitoring System Market. Some of the key players profiled in the study are Curtiss Wright, FLYHT Aerospace Solutions, Safran Electronics & Defense, Skytrac Systems, L3Harris, Flight Data People, Guardian Mobility, Scaled Analytics, Flight Data Services Ltd, Scaled Analytics Inc., NEST Aerospace, Aerobytes Ltd, Helinalysis Ltd, French Flight Safety, Metro Aviation, Hi-Fly Marketing & Teled
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The flight data monitoring systems market in North America is expected to grow from US$ 1,311.56 million in 2020 to US$ 2,012.23 million by 2027; it is estimated to grow at a CAGR of 6.9% from 2020 to 2027.
The North America aviation sector is experiencing significant growth in air traffic volume in terms of passenger count and aircraft fleet. This is mainly due to increase in business and leisure travel because of higher disposable income. In addition to passenger air travel, the cargo air fleet volume is consistently rising in developed countries.
The constantly growing aircraft fleet volume year-on-year has been leading the aircraft operators to invest in in-flight data monitoring systems. The fleet operators are increasingly accelerating the procurement of flight data monitoring systems and software. FDM systems collect the occurrence data of the flight for fleet operators that helps identify and asses