Market Overview:
The global data recorder market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the data recorder market can be attributed to the increasing demand for data recorders in the aviation and marine applications. Additionally, the increasing adoption of data loggers for various industrial and commercial applications is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis of type, CVRs are expected to hold a major share in global data recorder market during forecast period owing to their ability capture cockpit voice conversations between pilots and air traffic controllers. FDRs are expected witness highest growth rate during forecast period due their ability store aircraft performance parameters including altitude, airspeed, heading etc.
Product Definition:
A data recorder is a device that records digital data onto a storage medium. The importance of data recorders is that they provide a reliable and accurate way to store digital information. This can be useful for things like preserving scientific data or backing up important computer files.
CVR:
The global CVR market size was valued at USD 2.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for data recorder (DR) from various sectors such as manufacturing, oil & gas, aerospace & defense, automotive and construction among others due to its ability to capture high-quality video images even in low light conditions with clarity unlike any other device or technology available today.
FDR:
FDR is an acronym for Flash For Write. It's a technology used in solid-state drives (SSD) to provide faster performance and longer battery life by reducing the power consumption of the drive. The reduction in power consumption helps extend battery life, thereby increasing its lifespan.
In a traditional hard disk drive (HDD), data is stored on magnetic platters by using spinning discs coated with magnetic material such as iron oxide or ceramic powder.
Application Insights:
The global demand for data recorder is categorized into three segments, namely aviation, marine and other applications. The aviation application segment dominated the market in 2017 with a share of over 90% and is expected to maintain its lead during the forecast period. This can be attributed to an increase in air traffic across various regions coupled with rising concerns about aircraft accidents. According to International Air Transport Association (IATA), around 10 million passengers travel by air every day worldwide which has increased by 50% from 1990s resulting in high product demand globally.
The marine application segment is anticipated to witness significant growth during the forecast period owing to increasing maritime trade across various regions including Asia Pacific.
Regional Analysis:
North America dominated the global data recorder market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for aircraft recorders and marine equipment. The U.S., which is a major consumer, has stringent regulations regarding flight recorders that are required to be installed on all commercial aircraft as well as other aviation devices such as helicopters and fixed-winged planes.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to rising number of aviation accidents in this region due to lack of regulation and supervision over maintenance records, coupled with growing adoption of new technologies across various applications including automotive & rail industry etc.
Growth Factors:
- Increasing demand for data recorder in automotive and transportation sector
- Rising demand for data recorder in medical and healthcare sector
- Increasing use of data recorder in research and development activities
- Growing popularity of big data analytics and its applications
- Proliferation of internet-of-things (IoT) devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Recorder Market Research Report
By Type
CVR, FDR, Quick Access Recorder, Voyage Data Recorder, Data Loggers
By Application
Data Recorder - Aviation Application, Data Recorder – Marine Application
By Companies
L-3 Communications Holdings, Hr Smith Group, Teledyne Technologies Inc., Honeywell International Inc., Universal Avionics Systems Corporation, Phoenix International Holdings, DAC International, Flyht Aerospace Solutions Ltd., Acr Electronics, Raytheon Company, Consilium Ab, Danelec Marine A/S, Captec Ltd., Telemar Norge As
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Data Recorder Market Report Segments:
The global Data Recorder market is segmented on the basis of:
Types
CVR, FDR, Quick Access Recorder, Voyage Data Recorder, Data Loggers
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
Data Recorder - Aviation Application, Data Recorder – Marine 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:
- L-3 Communications Holdings
- Hr Smith Group
- Teledyne Technologies Inc.
- Honeywell International Inc.
- Universal Avionics Systems Corporation
- Phoenix International Holdings
- DAC International
- Flyht Aerospace Solutions Ltd.
- Acr Electronics
- Raytheon Company
- Consilium Ab
- Danelec Marine A/S
- Captec Ltd.
- Telemar Norge As
Highlights of The Data Recorder 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:
- CVR
- FDR
- Quick Access Recorder
- Voyage Data Recorder
- Data Loggers
- By Application:
- Data Recorder - Aviation Application
- Data Recorder – Marine 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 Data Recorder 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
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- 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?
Data recorder is a software that helps you to keep track of your data and analyze it.
Some of the key players operating in the data recorder market are L-3 Communications Holdings, Hr Smith Group, Teledyne Technologies Inc., Honeywell International Inc., Universal Avionics Systems Corporation, Phoenix International Holdings, DAC International, Flyht Aerospace Solutions Ltd., Acr Electronics, Raytheon Company, Consilium Ab, Danelec Marine A/S, Captec Ltd., Telemar Norge As.
The data recorder 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 Data Recorder 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 Data Recorder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Data Recorder 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 Data Recorder 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 Data Recorder Market Size & Forecast, 2020-2028
4.5.1 Data Recorder Market Size and Y-o-Y Growth
4.5.2 Data Recorder Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 CVR
5.2.2 FDR
5.2.3 Quick Access Recorder
5.2.4 Voyage Data Recorder
5.2.5 Data Loggers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Data Recorder - Aviation Application
6.2.2 Data Recorder – Marine Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Data Recorder 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 Data Recorder 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 CVR
9.6.2 FDR
9.6.3 Quick Access Recorder
9.6.4 Voyage Data Recorder
9.6.5 Data Loggers
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 Market Size Forecast by Applications
9.10.1 Data Recorder - Aviation Application
9.10.2 Data Recorder – Marine 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 CVR
10.6.2 FDR
10.6.3 Quick Access Recorder
10.6.4 Voyage Data Recorder
10.6.5 Data Loggers
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 Market Size Forecast by Applications
10.10.1 Data Recorder - Aviation Application
10.10.2 Data Recorder – Marine 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 CVR
11.6.2 FDR
11.6.3 Quick Access Recorder
11.6.4 Voyage Data Recorder
11.6.5 Data Loggers
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 Market Size Forecast by Applications
11.10.1 Data Recorder - Aviation Application
11.10.2 Data Recorder – Marine 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 CVR
12.6.2 FDR
12.6.3 Quick Access Recorder
12.6.4 Voyage Data Recorder
12.6.5 Data Loggers
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 Market Size Forecast by Applications
12.10.1 Data Recorder - Aviation Application
12.10.2 Data Recorder – Marine 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 CVR
13.6.2 FDR
13.6.3 Quick Access Recorder
13.6.4 Voyage Data Recorder
13.6.5 Data Loggers
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) Market Size Forecast by Applications
13.10.1 Data Recorder - Aviation Application
13.10.2 Data Recorder – Marine 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 Data Recorder Market: Competitive Dashboard
14.2 Global Data Recorder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L-3 Communications Holdings
14.3.2 Hr Smith Group
14.3.3 Teledyne Technologies Inc.
14.3.4 Honeywell International Inc.
14.3.5 Universal Avionics Systems Corporation
14.3.6 Phoenix International Holdings
14.3.7 DAC International
14.3.8 Flyht Aerospace Solutions Ltd.
14.3.9 Acr Electronics
14.3.10 Raytheon Company
14.3.11 Consilium Ab
14.3.12 Danelec Marine A/S
14.3.13 Captec Ltd.
14.3.14 Telemar Norge As
