Market Overview:
The global aerospace data recording systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aircrafts, especially commercial aircrafts, and the need for data recording systems for safety and security purposes. Based on type, the global aerospace data recording systems market is segmented into flight data recorders (FDR), cockpit voice recorders (CVR), and voyage data recorders (VDR). The FDR segment is expected to hold the largest share of the global aerospace data recording systems market in 2018. This can be attributed to its ability to capture critical flight information such as altitude, airspeed, heading, and other parameters that are essential for post-accident analysis. Based on application, the global aerospace data recording systems market is segmented into commercial aircrafts, military aircrafts, private aircrafts,.
Product Definition:
Aerospace Data Recording Systems is a system that records, stores and retrieves data related to aerospace engineering. It helps in monitoring the performance of aircrafts and other aerospace vehicles.
Flight Data Recorders:
Flight data recorder is a device that is used to store information about the performance of an aircraft. It includes parameters such as airspeed, heading, altitude, and time-of-flight which are essential for analyzing the functioning of an aircraft. The primary function of flight data recorder is to monitor and record all critical flight parameters in case there are any abnormalities or problems with the functioning of an aircraft during flights.
Cockpit Data Recorders:
CDR is a device used to record the data from an aircraft's cockpit. It is installed in the flight deck of an aircraft and it enables recording all the keystrokes entered by the pilot while flying. The recorded data includes text messages as well as crucial flight parameters such as airspeed, altitude, heading, etc., which are essential for investigators to determine what went wrong and why during a particular incident.
Application Insights:
The commercial aircraft segment dominated the global aerospace data recording systems market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to an increase in air traffic and rise in passenger travel demand across various regions, including North America and Europe. Furthermore, a rise in air transportation services by low-cost carriers has led to an increased need for safety measures such as flight recorders that help analyze accidents or incidents that may have occurred during flight operations.
The military aircraft segment is expected to witness significant growth over the forecast period owing to increasing defense expenditure across various countries worldwide including China, India and Russia among others. Moreover, a large number of military aircraft are involved in real time combat operations where recorded data plays a crucial role while analyzing mission-critical events during aerial warfare which is expected to drive product demand from 2018 through 2030 at a considerable rate.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as technological advancements, increased aviation activities, and government initiatives for aircraft recorder maintenance safety standards. For instance, according to a 2016 FAA Report, more than 40% of civil aircraft in the U.S were equipped with advanced flight data recorders (AFDRs).
Asia Pacific is anticipated to witness significant growth over a CAGR exceeding 6% during the forecast period owing both AFDS production volume and installation base country weighting effect on regional market dynamics Additionally, rising air passenger traffic has led Asian manufacturers including China's Comac Co., Ltd.
Growth Factors:
- Increasing demand for data recording systems in the aerospace and defense sector
- Growing number of aircraft deliveries across the globe
- Proliferation of unmanned aerial vehicles (UAVs) and drones
- Rising adoption of big data analytics in the aviation industry
- Emergence of next-generation data recording systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerospace Data Recording Systems Market Research Report
By Type
Flight Data Recorders, Cockpit Data Recorders, Voyage Data Recorders
By Application
Commercial Aircraft, Military Aircraft, Private Aircraft
By Companies
Honeywell, Airbus, AstroNova, Teledyne Technologies, Safran, Curtiss-Wright Defense Solutions, FLYHT Aerospace Solutions, L-3 Technologies, SLN Technologies, RUAG Group, Honeywell, Universal Avionics Systems Corporation, Curtiss-Wright
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Aerospace Data Recording Systems Market Report Segments:
The global Aerospace Data Recording Systems 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 Aircraft, Military Aircraft, Private Aircraft
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:
- Honeywell
- Airbus
- AstroNova
- Teledyne Technologies
- Safran
- Curtiss-Wright Defense Solutions
- FLYHT Aerospace Solutions
- L-3 Technologies
- SLN Technologies
- RUAG Group
- Honeywell
- Universal Avionics Systems Corporation
- Curtiss-Wright
Highlights of The Aerospace Data Recording Systems 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 Aircraft
- Military Aircraft
- Private Aircraft
- 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 Data Recording Systems 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.
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- Correctly Positioning New Products
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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 data recording systems (ADRS) are a type of aircraft monitoring and recording system. ADRSs are used to collect and store data about aircraft performance, flight operations, and environmental conditions. This information is used to improve the safety of aviation by providing insights into how aircraft behave in the air and under different conditions.
Some of the major players in the aerospace data recording systems market are Honeywell, Airbus, AstroNova, Teledyne Technologies, Safran, Curtiss-Wright Defense Solutions, FLYHT Aerospace Solutions, L-3 Technologies, SLN Technologies, RUAG Group, Honeywell, Universal Avionics Systems Corporation, Curtiss-Wright.
The aerospace data recording systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aerospace Data Recording Systems 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 Data Recording Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aerospace Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems Market Size & Forecast, 2018-2028
4.5.1 Aerospace Data Recording Systems Market Size and Y-o-Y Growth
4.5.2 Aerospace Data Recording Systems Market Absolute $ Opportunity
Chapter 5 Global Aerospace Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems Market Size Forecast by Applications
6.2.1 Commercial Aircraft
6.2.2 Military Aircraft
6.2.3 Private Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aerospace Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems Analysis and Forecast
9.1 Introduction
9.2 North America Aerospace Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems Market Size Forecast by Applications
9.10.1 Commercial Aircraft
9.10.2 Military Aircraft
9.10.3 Private Aircraft
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 Data Recording Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Aerospace Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems Market Size Forecast by Applications
10.10.1 Commercial Aircraft
10.10.2 Military Aircraft
10.10.3 Private Aircraft
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 Data Recording Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aerospace Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems Market Size Forecast by Applications
11.10.1 Commercial Aircraft
11.10.2 Military Aircraft
11.10.3 Private Aircraft
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 Data Recording Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Aerospace Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems Market Size Forecast by Applications
12.10.1 Commercial Aircraft
12.10.2 Military Aircraft
12.10.3 Private Aircraft
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 Data Recording Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aerospace Data Recording Systems 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 Data Recording Systems 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 Data Recording Systems Market Size Forecast by Applications
13.10.1 Commercial Aircraft
13.10.2 Military Aircraft
13.10.3 Private Aircraft
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 Data Recording Systems Market: Competitive Dashboard
14.2 Global Aerospace Data Recording Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Airbus
14.3.3 AstroNova
14.3.4 Teledyne Technologies
14.3.5 Safran
14.3.6 Curtiss-Wright Defense Solutions
14.3.7 FLYHT Aerospace Solutions
14.3.8 L-3 Technologies
14.3.9 SLN Technologies
14.3.10 RUAG Group
14.3.11 Honeywell
14.3.12 Universal Avionics Systems Corporation
14.3.13 Curtiss-Wright
