Market Overview:
The global flight data monitoring market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for flight data monitoring services from fleet operators and investigation agencies across the globe. Additionally, the increasing adoption of digital technologies by airlines is also contributing to the growth of this market. On-board flight data monitoring systems are expected to account for a larger share of the global flight data monitoring market in 2018. This can be attributed to their ability to provide real-time information about an aircraft’s performance and operations.
Product Definition:
Flight data monitoring (FDM) is the process of collecting, analyzing and reporting on aircraft performance data during flight. This information can be used to improve safety and efficiency, and to troubleshoot operational problems.
On Board:
On Board (OB) is a term used in the aviation industry for referring to equipment or systems that are installed on an aircraft and can be considered as an extension of the Aircraft Electronics System (AES). The OB system is responsible for collecting, processing, analyzing and displaying all kinds of data which aids in enhancing the efficiency & safety of flight. Some common examples include airspeed monitoring system, attitude indicator system, landing gear indicator system and engine monitor systems.
On Ground:
On Ground (OG) is a data acquisition system that provides real-time information about the surface below. It's primary function is to provide data to assist in safe flight operations. On ground systems are primarily used for air traffic control, military and civil engineering applications, oil & gas exploration, mining and others.
Application Insights:
The fleet operators segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for flight data monitoring solutions from companies operating international fleets, such as AtlasGlobal, Inc., which provides a global FDM service.
The FDM service providers segment is expected to exhibit significant growth over the forecast period owing to growing demand for real-time aircraft tracking and monitoring services by various investigation agencies across different industries. For instance, according to Flight Radar Data Services (FRDS), there has been an increase of around 25% in overall business since 2014 with no signs of decreasing revenue either near or far into the future.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. The growth can be attributed to the presence of a large number of airlines and airports across the region, which enables easy access to data from various sources. Moreover, technological advancements such as implementation of real-time data streaming and high-speed internet connectivity are expected to fuel industry growth over next eight years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing adoption by aircraft manufacturers for developing new aircraft models with enhanced safety features and advanced avionics systems. In addition, rising demand for air travel across emerging economies including China and India is likely boost regional market development during the forecast period.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in the need for more efficient and effective Flight Data Monitoring systems that can help airlines improve their operations and safety.
- Proliferation of data-driven aviation services: Airlines are increasingly adopting data-driven services such as predictive maintenance, real-time aircraft performance monitoring, etc., which require accurate and timely flight data analysis. This is driving the demand for Flight Data Monitoring systems that can provide actionable insights in a short turnaround time.
- Stringent safety regulations: Stringent safety regulations by aviation authorities are requiring airlines to adopt better Flight Data Monitoring practices in order to ensure safe operations. For instance, the European Aviation Safety Agency (EASA) has mandated that all commercial aircraft operating within its jurisdiction must be equipped with a FDR by November 2018 .
Scope Of The Report
Report Attributes
Report Details
Report Title
Flight Data Monitoring Market Research Report
By Type
On Board, On Ground
By Application
Fleet Operators, FDM Service Providers, Investigation Agencies
By Companies
Curtiss Wright, Teledyne Controls, Safran, Guardian Mobility, Flight Data Services, Scaled Analytics
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Flight Data Monitoring Market Report Segments:
The global Flight Data Monitoring market is segmented on the basis of:
Types
On Board, On Ground
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
Fleet Operators, FDM Service Providers, Investigation Agencies
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:
- Curtiss Wright
- Teledyne Controls
- Safran
- Guardian Mobility
- Flight Data Services
- Scaled Analytics
Highlights of The Flight Data Monitoring 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:
- On Board
- On Ground
- By Application:
- Fleet Operators
- FDM Service Providers
- Investigation Agencies
- 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 Flight Data Monitoring 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Flight data monitoring (FDM) is a technique used to collect and analyze aircraft performance data in real-time. FDM can be used to monitor the health, performance, and navigation of an aircraft.
Some of the major players in the flight data monitoring market are Curtiss Wright, Teledyne Controls, Safran, Guardian Mobility, Flight Data Services, Scaled Analytics.
The flight data monitoring market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flight Data Monitoring 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 Flight Data Monitoring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flight Data Monitoring 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 Flight Data Monitoring 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 Flight Data Monitoring Market Size & Forecast, 2020-2028
4.5.1 Flight Data Monitoring Market Size and Y-o-Y Growth
4.5.2 Flight Data Monitoring 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 On Board
5.2.2 On Ground
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 Fleet Operators
6.2.2 FDM Service Providers
6.2.3 Investigation Agencies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flight Data Monitoring 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 Flight Data Monitoring 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 On Board
9.6.2 On Ground
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 Fleet Operators
9.10.2 FDM Service Providers
9.10.3 Investigation Agencies
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 On Board
10.6.2 On Ground
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 Fleet Operators
10.10.2 FDM Service Providers
10.10.3 Investigation Agencies
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 On Board
11.6.2 On Ground
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 Fleet Operators
11.10.2 FDM Service Providers
11.10.3 Investigation Agencies
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 On Board
12.6.2 On Ground
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 Fleet Operators
12.10.2 FDM Service Providers
12.10.3 Investigation Agencies
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 On Board
13.6.2 On Ground
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 Fleet Operators
13.10.2 FDM Service Providers
13.10.3 Investigation Agencies
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 Flight Data Monitoring Market: Competitive Dashboard
14.2 Global Flight Data Monitoring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Curtiss Wright
14.3.2 Teledyne Controls
14.3.3 Safran
14.3.4 Guardian Mobility
14.3.5 Flight Data Services
14.3.6 Scaled Analytics
