Market Overview:
The global aerospace and marine data recorders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data recorders in commercial and defense applications. In addition, the increasing adoption of digital technologies in aircrafts and ships is also contributing to the growth of this market. Based on type, the global aerospace and marine data recorder market can be segmented into flight data recorder (FDR), cockpit voice recorder (CVR), and voyage data recorder (VDR). The FDR segment is expected to account for the largest share of this market during the forecast period. This segment is growing due to increased regulations mandating their installation in aircrafts across different regions. Based on application, the global aerospace and marine data recorder market can be divided into commercial application and defense application.
Product Definition:
Aerospace and marine data recorders are devices used to record various types of information related to an aircraft or ship. This information can include things like engine performance, location, and weather conditions. The data collected by these recorders can be used to help improve safety procedures and investigate accidents.
Flight Data Recorders:
Flight data recorder is a device that is used to store information about the performance of an aircraft during flights. It records various parameters such as airspeed, Altitude,Heading etc. and also stores the flight plan if any. The recorded data can be played back using a computer program or can be directly viewed onscreen with the help of specialized equipment installed in airplanes called Data Display Units (DDU).
Cockpit Data Recorders:
CDR is a data recorder used in aircraft and marine for recording the essential parameters such as airspeed, heading, altitude, time and date etc. It is an indispensable part of any investigation into an accident or incident. The data recorded by these devices helps investigators to reconstruct events leading to the occurrence of any accident or incident.
The global cockpit data recorder market size was valued at USD 648 million in 2016.
Application Insights:
The commercial application segment dominated the global aerospace and marine data recorders market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing use of advanced technologies such as black box flight recorder and Global Positioning System (GPS) voyage data recorder in commercial aircrafts.
The defense application segment is expected to witness significant growth over the forecast period owing to increased adoption of these devices by military aviation authorities worldwide for enhancing safety standards in military aircraft operations. Furthermore, governments are increasingly deploying these devices on ships that travel internationally beyond national waters as a means of monitoring maritime activities globally thereby contributing towards higher demand from defense applications across all regions.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to high demand for advanced aircraft and strong presence of major aviation companies. Moreover, increasing use of data recorders for recording critical flight information such as airspeed, altitude, heading is anticipated to drive regional growth over the forecast period.
Asia Pacific is projected to witness significant growth from 2018 to 2030 due to growing adoption by airlines and aerospace manufacturers for manufacturing new aircrafts with enhanced safety features. Furthermore, rising number of accidents involving commercial planes are also expected drive regional product demand over the next eight years.
Growth Factors:
- Increasing demand for data recorder in the aerospace and marine industry for safety and security reasons.
- Growing awareness about the benefits of data recorder among the end-users.
- Technological advancements in data recorder products that offer enhanced features and capabilities.
- Rising demand for retrofit installations of data recorders in existing aircrafts and vessels fleet worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerospace and Marine Data Recorders Market Research Report
By Type
Flight Data Recorders, Cockpit Data Recorders, Voyage Data Recorders
By Application
Commercial Application, Defense Application
By Companies
Danelec Marine, Honeywell International, HR Smith Group, L-3 Communications Aviation Recorders, Teledyne Technologies, Acr Electronics, Flyht Aerospace Solutions, Phoenix International Holdings, Universal Avionics Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Aerospace and Marine Data Recorders Market Report Segments:
The global Aerospace and Marine Data Recorders market is segmented on the basis of:
Types
Flight Data Recorders, Cockpit Data Recorders, Voyage Data Recorders
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Application, Defense Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Danelec Marine
- Honeywell International
- HR Smith Group
- L-3 Communications Aviation Recorders
- Teledyne Technologies
- Acr Electronics
- Flyht Aerospace Solutions
- Phoenix International Holdings
- Universal Avionics Systems
Highlights of The Aerospace and Marine Data Recorders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flight Data Recorders
- Cockpit Data Recorders
- Voyage Data Recorders
- By Application:
- Commercial Application
- Defense Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aerospace and Marine Data Recorders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aerospace and marine data recorders are devices that collect and store data from aircraft or ships. These recorders can be used to track the location, speed, altitude, and other information about the aircraft or ship.
Some of the major players in the aerospace and marine data recorders market are Danelec Marine, Honeywell International, HR Smith Group, L-3 Communications Aviation Recorders, Teledyne Technologies, Acr Electronics, Flyht Aerospace Solutions, Phoenix International Holdings, Universal Avionics Systems.
The aerospace and marine data recorders market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aerospace and Marine Data Recorders Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aerospace and Marine Data Recorders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aerospace and Marine Data Recorders Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aerospace and Marine Data Recorders Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aerospace and Marine Data Recorders Market Size & Forecast, 2018-2028
4.5.1 Aerospace and Marine Data Recorders Market Size and Y-o-Y Growth
4.5.2 Aerospace and Marine Data Recorders Market Absolute $ Opportunity
Chapter 5 Global Aerospace and Marine Data Recorders Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aerospace and Marine Data Recorders Market Size Forecast by Type
5.2.1 Flight Data Recorders
5.2.2 Cockpit Data Recorders
5.2.3 Voyage Data Recorders
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aerospace and Marine Data Recorders Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aerospace and Marine Data Recorders Market Size Forecast by Applications
6.2.1 Commercial Application
6.2.2 Defense Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aerospace and Marine Data Recorders Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aerospace and Marine Data Recorders Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aerospace and Marine Data Recorders Analysis and Forecast
9.1 Introduction
9.2 North America Aerospace and Marine Data Recorders Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aerospace and Marine Data Recorders Market Size Forecast by Type
9.6.1 Flight Data Recorders
9.6.2 Cockpit Data Recorders
9.6.3 Voyage Data Recorders
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aerospace and Marine Data Recorders Market Size Forecast by Applications
9.10.1 Commercial Application
9.10.2 Defense Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aerospace and Marine Data Recorders Analysis and Forecast
10.1 Introduction
10.2 Europe Aerospace and Marine Data Recorders Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aerospace and Marine Data Recorders Market Size Forecast by Type
10.6.1 Flight Data Recorders
10.6.2 Cockpit Data Recorders
10.6.3 Voyage Data Recorders
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aerospace and Marine Data Recorders Market Size Forecast by Applications
10.10.1 Commercial Application
10.10.2 Defense Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aerospace and Marine Data Recorders Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aerospace and Marine Data Recorders Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aerospace and Marine Data Recorders Market Size Forecast by Type
11.6.1 Flight Data Recorders
11.6.2 Cockpit Data Recorders
11.6.3 Voyage Data Recorders
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aerospace and Marine Data Recorders Market Size Forecast by Applications
11.10.1 Commercial Application
11.10.2 Defense Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aerospace and Marine Data Recorders Analysis and Forecast
12.1 Introduction
12.2 Latin America Aerospace and Marine Data Recorders Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aerospace and Marine Data Recorders Market Size Forecast by Type
12.6.1 Flight Data Recorders
12.6.2 Cockpit Data Recorders
12.6.3 Voyage Data Recorders
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aerospace and Marine Data Recorders Market Size Forecast by Applications
12.10.1 Commercial Application
12.10.2 Defense Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aerospace and Marine Data Recorders Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aerospace and Marine Data Recorders Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aerospace and Marine Data Recorders Market Size Forecast by Type
13.6.1 Flight Data Recorders
13.6.2 Cockpit Data Recorders
13.6.3 Voyage Data Recorders
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aerospace and Marine Data Recorders Market Size Forecast by Applications
13.10.1 Commercial Application
13.10.2 Defense Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aerospace and Marine Data Recorders Market: Competitive Dashboard
14.2 Global Aerospace and Marine Data Recorders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Danelec Marine
14.3.2 Honeywell International
14.3.3 HR Smith Group
14.3.4 L-3 Communications Aviation Recorders
14.3.5 Teledyne Technologies
14.3.6 Acr Electronics
14.3.7 Flyht Aerospace Solutions
14.3.8 Phoenix International Holdings
14.3.9 Universal Avionics Systems
