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Published Date: 2017-07-11Number of Pages: 146

Aerospace Data Recorder Market (Components - Cockpit Voice Recorder Market, Flight Data Recorder, Quick Access Recorder, and Data Loggers; Application - Commercial and Defense) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Aerospace Data Recorder Market: Snapshot

The most commonly known aerospace data recorders are flight data recorders and cockpit voice recorders. Majorly fuelling the global aerospace data recorders market is the pressing need for real-time data transmission during flight. The data transferred to and from cockpit and aircraft serve a crucial purpose in investigations. On account of this, they are being increasingly incorporated in commercial as well as military aircrafts.

Acting as a restraint to the global aerospace data recorder market is the expensiveness of next generation flight recorders. A growing aerospace industry worldwide is stoking demand for cutting-edge technologies to amass accurate and precise data from an aircraft. In response to that, aerospace data recorder manufacturers are developing technologies using sophisticated and expensive electronics and sensors, which in turn is upping the price of the final product, thereby crimping their demand to an extent.

To overcome such challenges, savvy players in the global aerospace data recorder market are emphasizing on research for the transmission of real-time data directly to cloud.

A report by Transparency Market Research projects the global aerospace data recorder market to expand at a lackluster CAGR of 4.6% from 2017 to 2025. At this pace, the market will likely attain a value of US$2.086 mn by 2025 from US$1.422 million in 2016.

aerospace data recorder market

Cockpit Voice Recorder to Pip Other Components in Terms of Growth Rate

Component-wise, the global aerospace data recorder market can be divided into flight data recorder, cockpit voice recorder, quick access recorder, and data recorder. The flight data recorder, among them, leads the market and it contributed significantly to the market share in 2016. In the years ahead, the segment is expected to expand further. Vis-à-vis growth rate, the cockpit voice recorder is slated to outpace all other components in the aerospace data recorder market in the next couple of years.

Booming Air Traffic in China and Japan Makes Asia Pacific Key Market

From a geographical standpoint, North America is a leading market for aerospace data recorders that holds maximum share. Bolstering the market in the region is the growth of commercial airlines and swift expansion of air traffic, particularly in the last few years. This has also driven up demand for flight recorders. Further, the U.S is also funneling considerable amounts in modernization of conventional systems embedded in defense aircrafts. This has resulted in manufacturers developing robust technologies to meet the demand of the U.S Department of Defense.

Europe trails North America in terms of market share and is also expected to grow at a swift pace in the upcoming years. The region’s growth is mainly stoked by the ongoing modernization of commercial aircrafts and defense aircrafts which are resulting in investment in improved technologies. For example, aerospace data recorders manufacturers in Europe have developed a lightweight composite data recorder, capable of withstanding heat from intense fire and high speed impact. This has visibly impacted the aerospace data recorder market positively in Europe.

In terms of growth rate, Asia Pacific is slated to surpass all other regions in the global aerospace data recorder market mainly on the back of surging air traffic in the countries of India, China, Japan, Australia, and South Korea. China and Japan together generated over half of the revenue in the region in 2016, while, India is expected to emerge as the most attractive market in the foreseeable future.

The top ten companies in the global aerospace data recorder market are Honeywell International Inc., AstroNova Inc., Teledyne Technologies Inc., Curtiss-Wright Defense Solutions, FLYHT Aerospace Solutions Ltd., L-3 Technologies Inc., SLN Technologies, RUAG Group, Leonardo DRS, and Universal Avionics Systems Corporation.

1. Preface
     1.1 Report Scope and Market Segmentation 
     1.2 Research Highlights

2. Research Methodology

3. Executive Summary

4. Market Overview
     4.1. Product Overview

5. Market Dynamics
     5.1. Drivers and Restraints Snapshot Analysis
            5.1.1. Drivers
            5.1.2. Restraints
            5.1.3. Opportunities
     5.2. Market Attractiveness 
     5.3. Aerospace Data Recorder Market, By Company (2016)
     5.4. Competitive Strategies

6. Aerospace Data Recorder Market Analysis, By Type
     6.1. Introduction
     6.2. Global Aerospace Data Recorder Market Value Share Analysis, By Components
     6.3. Global Aerospace Data Recorder Market Forecast, By Components
     6.4. Global Aerospace Data Recorder Market Analysis, By Components (1/2)
            6.4.1. Cockpit Voice Recorder Market Analysis (2016 - 2025)
            6.4.2. Flight Data Recorder Market Analysis (2016 - 2025)
     6.5. Global Aerospace Data Recorder Market Analysis, By Components (2/2)
            6.5.1. Quick Access Recorder Market Analysis (2016 - 2025)
            6.5.2. Data Loggers Market Analysis (2016 - 2025)

7. Aerospace Data Recorder Market Analysis By Application
     7.1. Introduction
     7.2. Global Aerospace Data Recorder Market Value Share Analysis, By Application
     7.3. Global Aerospace Data Recorder Market Forecast, By Application
     7.4. Global Aerospace Data Recorder Market Analysis, By Application
            7.4.1. Commercial Market Analysis (2016 - 2025)
            7.4.2. Defense Market Analysis (2016 - 2025)

8. Global Aerospace Data Recorder Market Analysis By Geography
     8.1. Global Aerospace Data Recorder Market Value Share Analysis, By Geography
     8.2. Global Aerospace Data Recorder Market Forecast, By Geography

9. North America Aerospace Data Recorder Market Analysis
     9.1. North America Aerospace Data Recorder Market Overview
     9.2. North America Aerospace Data Recorder Market Value Share Analysis, By Components
     9.3. North America Aerospace Data Recorder Market Forecast, By Components
     9.4. North America Aerospace Data Recorder Market Value Share Analysis, By Application
     9.5. North America Aerospace Data Recorder Market Forecast, By Application
     9.6. North America Aerospace Data Recorder Market Value Share Analysis, By Country
     9.7. North America Aerospace Data Recorder Market Forecast, By Country
     9.8. North America Aerospace Data Recorder Market Analysis, By Country (1/2)
            9.8.1. U.S Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
            9.8.2. Canada Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
     9.9. North America Aerospace Data Recorder Market Analysis, By Country (2/2)
            9.9.1. Mexico Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025

10. Europe Aerospace Data Recorder Market Analysis
     10.1. Europe Aerospace Data Recorder Market Overview
     10.2. Europe Aerospace Data Recorder Market Value Share Analysis, By Components
     10.3. Europe Aerospace Data Recorder Market Forecast, By Components
     10.4. Europe Aerospace Data Recorder Market Value Share Analysis, By Application
     10.5. Europe Aerospace Data Recorder Market Forecast, By Application
     10.6. Europe Aerospace Data Recorder Market Value Share Analysis, By Country
     10.7. Europe Aerospace Data Recorder Market Forecast, By Country
     10.8. Europe Aerospace Data Recorder Market Analysis, By Country (1/3)
            10.8.1. U.K Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
            10.8.2. Germany Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
     10.9. Europe Aerospace Data Recorder Market Analysis , By Country (2/3)
            10.9.1. Italy Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
            10.9.2. France Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
     10.10. Europe Aerospace Data Recorder Market Analysis , By Country (3/3)
            10.10.1. Rest of Europe Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025

11. Asia Pacific (APAC) Aerospace Data Recorder Market Analysis
     11.1. Asia Pacific (APAC) Aerospace Data Recorder Market Overview
     11.2. Asia Pacific (APAC) Aerospace Data Recorder Market Value Share Analysis, By Components
     11.3. Asia Pacific (APAC) Aerospace Data Recorder Market Forecast, By Components
     11.4. Asia Pacific (APAC) Aerospace Data Recorder Market Value Share Analysis, By Application
     11.5. Asia Pacific (APAC) Aerospace Data Recorder Market Forecast, By Application
     11.6. Asia Pacific (APAC) Aerospace Data Recorder Market Value Share Analysis, By Country
     11.7. Asia Pacific (APAC) Aerospace Data Recorder Market Forecast, By Country
     11.8. Asia Pacific (APAC) Aerospace Data Recorder Market Analysis, By Country (1/2)
            11.8.1. China Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
            11.8.2. India Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
     11.9. Asia Pacific (APAC) Aerospace Data Recorder Market Analysis, By Country (2/2)
            11.9.1. Japan Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
            11.9.2. Rest of Asia Pacific Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025

12. Middle East and Africa (MEA) Aerospace Data Recorder Market Analysis
     12.1. Middle East and Africa (MEA) Aerospace Data Recorder Market Overview
     12.2. Middle East and Africa (MEA) Aerospace Data Recorder Market Value Share Analysis, By Components
     12.3. Middle East and Africa (MEA) Aerospace Data Recorder Market Forecast, By Components
     12.4. Middle East and Africa (MEA) Aerospace Data Recorder Market Value Share Analysis, By Application
     12.5. Middle East and Africa (MEA) Aerospace Data Recorder Market Forecast, By Application
     12.6. Middle East and Africa (MEA) Aerospace Data Recorder Market Value Share Analysis, By Country
     12.7. Middle East and Africa (MEA) Aerospace Data Recorder Market Forecast, By Country
     12.8. Middle East and Africa (MEA) Aerospace Data Recorder Market Analysis, By Country (1/2)
            12.8.1. Saudi Arabia Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
            12.8.2. Israel Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
     12.9. Middle East and Africa (MEA) Aerospace Data Recorder Market Analysis, By Country (2/2)
            12.9.1. Rest of Middle East and Africa Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025

13. Latin America (LATAM) Aerospace Data Recorder Market Analysis
     13.1. Latin America (LATAM) Aerospace Data Recorder Market Overview
     13.2. Latin America (LATAM) Aerospace Data Recorder Market Value Share Analysis, By Components
     13.3. Latin America (LATAM) Aerospace Data Recorder Market Forecast, By Components
     13.4. Latin America (LATAM) Aerospace Data Recorder Market Value Share Analysis, By Application
     13.5. Latin America (LATAM) Aerospace Data Recorder Market Forecast, By Application
     13.6. Latin America (LATAM) Aerospace Data Recorder Market Value Share Analysis, By Country
     13.7. Latin America (LATAM) Aerospace Data Recorder Market Forecast, By Country
     13.8. Latin America (LATAM) Aerospace Data Recorder Market Analysis, By Country
            13.8.1. Brazil Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025
            13.8.2. Rest of Latin America Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016 – 2025

14. Company Profiles
     14.1. Honeywell International Inc.
            14.1.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.1.2. Market Presence
            14.1.3. Strategy
            14.1.4. Revenue and Y-o-Y Growth
            14.1.5. SWOT Analysis
     14.2. L-3 Technologies Inc.
            14.2.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.2.2. Market Presence
            14.2.3. Strategy
            14.2.4. Revenue and Y-o-Y Growth
            14.2.5. SWOT Analysis
     14.3. AstroNova, Inc.
            14.3.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.3.2. Market Presence
            14.3.3. Strategy
            14.3.4. Revenue and Y-o-Y Growth
            14.3.5. SWOT Analysis
     14.4. Teledyne Technologies Incorporated
            14.4.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.4.2. Market Presence
            14.4.3. Strategy
            14.4.4. Revenue and Y-o-Y Growth
            14.4.5. SWOT Analysis
     14.5. FLYHT Aerospace Solutions Ltd.
            14.5.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.5.2. Market Presence
            14.5.3. Strategy
            14.5.4. Revenue and Y-o-Y Growth
            14.5.5. SWOT Analysis
     14.6. Universal Avionics Systems Corporation
            14.6.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.6.2. Market Presence
            14.6.3. Strategy
            14.6.4. Revenue and Y-o-Y Growth
            14.6.5. SWOT Analysis
     14.7. SLN Technologies
            14.7.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.7.2. Market Presence
            14.7.3. Strategy
            14.7.4. Revenue and Y-o-Y Growth
            14.7.5. SWOT Analysis
     14.8. RUAG Group
            14.8.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.8.2. Market Presence
            14.8.3. Strategy
            14.8.4. Revenue and Y-o-Y Growth
            14.8.5. Strategy
     14.9. Leonardo DRS
            14.9.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.9.2. Market Presence
            14.9.3. Strategy
            14.9.4. Revenue and Y-o-Y Growth
            14.9.5. SWOT Analysis
     14.10. Curtiss-Wright Defense Solutions
             14.10.1. Company Details (HQ, Foundation Year, Employee Strength)
            14.10.2. Market Presence
            14.10.3. Strategy
            14.10.4. Revenue and Y-o-Y Growth
            14.10.5. SWOT Analysis

List of Figures

Figure 1: Report Scope
Figure 2: Leading Market Segments, 2016 (USD Million
Figure 3: Market Share, By Region, 2016 & 2025
Figure 4: Aerospace Data Recorder Market Attractiveness, By Components
Figure 5: Global Aerospace Data Recorder Market, By Company (2016)
Figure 6: Global Aerospace Data Recorder Market Value Share, By Components 2016 and 2025
Figure 7: Cockpit Voice Recorder Market Analysis (2016-2025)
Figure 8: Flight Data Recorder Market Analysis (2016-2025)
Figure 9: Quick Access Recorder Market Analysis (2016-2025)
Figure 10: Data Logger Market Analysis (2016-2025)
Figure 11: Global Aerospace Data Recorder Market Value Share Analysis, By Application, 2016 and 2025
Figure 12: Commercial Aerospace Data Recorder Market Analysis (2016-2025)
Figure 13: Defense Aerospace Data Recorder Market Analysis (2016-2025)
Figure 14: Global Aerospace Data Recorder Market Value Share Analysis, By Geography, 2016 and 2025
Figure 15: North America Aerospace Data Recorder Market Size (US$ Mn), 2016-2025
Figure 16: North America Market Value Share Analysis, By Components, 2016-2025
Figure 17: North America Market Value Share Analysis, By Application, 2016-2025
Figure 18: North America Market Value Share Analysis, By Country, 2016 and 2025
Figure 19: U.S Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 20: Canada Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 21: Mexico Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 22: Europe Aerospace Data Recorder Market Size (US$ Mn), 2016-2025
Figure 23: Europe Market Value Share Analysis, By Components, 2016 and 2025
Figure 24: Europe Market Value Share Analysis, By Application, 2016 and 2025
Figure 25: Europe Market Value Share Analysis, By Country, 2016 and 2025
Figure 26: U.K Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 27: Germany Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 28: Italy Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 29: France Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 30: Rest of Europe Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 31: Asia Pacific (APAC) Aerospace Data Recorder Market Size (US$ Mn) 2016-2025
Figure 32: Asia Pacific (APAC) Market Value Share Analysis, By Components, 2016 and 2025
Figure 33: Asia Pacific (APAC) Market Value Share Analysis, By Application, 2016 and 2025
Figure 34: Asia Pacific (APAC) Market Value Share Analysis, By Country, 2016 and 2025
Figure 35: China Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Figure 36: India Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Figure 37: Japan Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Figure 38: Rest of APAC Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Figure 39: Middle East and Africa (MEA) Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 40: Middle East and Africa (MEA) Market Value Share Analysis, By Components, 2016 and 2025
Figure 41: Middle East and Africa (MEA) Market Value Share Analysis, By Application, 2016 and 2025
Figure 42: Middle East and Africa (MEA) Market Value Share Analysis, By Country, 2016 and 2025
Figure 43: Saudi Arabia Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 44: Israel Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 45: Rest of MEA Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 46: Latin America (LATAM) Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 47: Latin America (LATAM) Market Value Share Analysis, By Components, 2016 and 2025
Figure 48: Latin America (LATAM) Market Value Share Analysis, By Application, 2016 and 2025
Figure 49: Latin America (LATAM) Market Value Share Analysis, By Country, 2016 and 2025
Figure 50: Brazil Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 51: Rest of LATAM Aerospace Data Recorder Market Size (US$ Mn) Forecast, 2016-2025
Figure 52: Honeywell International Inc. Revenue (US$ Mn) & Y-o-Y Growth (%), 2014–2016
Figure 53: L-3 Technologies Inc. Revenue (US$ Mn) & Y-o-Y Growth (%), 2014–2016
Figure 54: AstroNova Inc. Revenue (US$ Bn) & Y-o-Y Growth (%), 2014-2016
Figure 55: Teledyne Technologies Incorporated Revenue (US$ Mn) & Y-o-Y Growth (%), 2014–2016
Figure 56: FLYHT Aerospace Solutions Inc. Revenue (US$ Mn) & Y-o-Y Growth (%), 2014–2016
Figure 57: RUAG Group Revenue (US$ Mn) & Y-o-Y Growth (%), 2014–2016
Figure 58: Leonardo DRS Revenue (US$ Mn) & Y-o-Y Growth (%), 2014–2016
Figure 59: Curtiss-Wright Defense Solutions Revenue (US$ Mn) & Y-o-Y Growth (%), 2014–2016

List of Tables

Table 1: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Components, 2016–2025
Table 2: Cockpit Voice Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 3: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Cockpit Voice Recorder, 2016–2025
Table 4: Flight Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 5: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Flight Data Recorder, 2016 – 2025
Table 6: Quick Access Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 7: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Quick Access Recorder, 2016–2025
Table 8: Data Logger Market Revenue, Y-o-Y (%), 2016-2025
Table 9: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Data Loggers, 2016–2025
Table 10: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Application, 2016–2025
Table 11: Commercial Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 12: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Commercial, 2016–2025
Table 13: Defense Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 14: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Defense, 2016–2025
Table 15: Global Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Geography, 2016–2025
Table 16: North America Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Components, 2016-2025
Table 17: North America Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Application, 2016-2025
Table 18: North America Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Country, 2016–2025
Table 19: U.S. Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 20: Canada Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 21: Mexico Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 22: Europe Aerospace Data Recorder Market Size (US$ Mn), By Components, 2016-2025
Table 23: Europe Aerospace Data Recorder Market Size (US$ Mn), By Application, 2016-2025
Table 24: Europe Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Country, 2016-2025
Table 25: U.K Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 26: Germany Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 27: Italy Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 28: France Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 29: Rest of Europe Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 30: APAC Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Components, 2016-2025
Table 31: APAC Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Application, 2016-2025
Table 32: APAC Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Country, 2016-2025
Table 33: China Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 34: India Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 35: Japan Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 36: Rest of APAC Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 37: MEA Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Components, 2016-2025
Table 38: MEA Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Application, 2016-2025
Table 39: MEA Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Country, 2016-2025
Table 40: Saudi Arabia Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 41: Israel Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 42: Rest of MEA Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 43: Latin America (LATAM) Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Components, 2016-2025
Table 44: Latin America (LATAM) Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Application, 2016-2025
Table 45: Latin America (LATAM) Aerospace Data Recorder Market Size (US$ Mn) Forecast, By Country, 2016-2025
Table 46: Brazil Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025
Table 47: Rest of LATAM Aerospace Data Recorder Market Revenue, Y-o-Y (%), 2016-2025

Global Aerospace Data Recorder Market: Overview

The aerospace industry across the globe has been experiencing rapid escalation in air traffic in the past few years. In order to meet the rising air traffic, the airline operator are ordering for more aircrafts, integrated with latest technologies. This trend is expected to grow the market for aerospace data recorder market in the current scenario. The aerospace data recorder are the electronic devices used to record or collect any electronic signals sent to the aircraft as well as the conversation between the pilots’ and the on board crews and air traffic controller. These devices are used by the aircraft accident investigation agencies and the aircraft operators during any aircraft accident or incidents.

Global Aerospace Data Recorder Market: Drivers and Trends

The demand for accurate and precise flight data among the airline operators and defense forces across the globe are fuelling the growth of market for aerospace data recorder. Another factor bolstering the growth of the aerospace data recorder market during the forecast period from 2017 to 2025 is the modernization of the existing aircraft with latest technology. The latest technology will offer the commercial airlines and defense forces with enhanced safety and operation benefits. The modernization of aircrafts are evoking the interest among the manufacturers to incorporate robust data recorders. The benefits of flight recorders can help the airliners and investigation agencies to identify and detect the cause of the accident or incident. In order to meet the surging demand for modernization of aircrafts, the manufacturers are procuring the data recorders in large numbers, which in turn is helping the aerospace data recorder market to grow over the period

The market for aerospace data recorder is poised to grow in future due to introduction of expanded underwater locator beacon. The manufacturers of flight recorders have developed a new underwater locator beacon which can operate under water for maximum of 90 days, which was limited to 30 days in the conventional aerospace data recorders. This development is anticipated to impact heavily on the growth of market for aerospace data recorder in the coming years.

Global Aerospace Data Recorder Market: Segmentation

In the report on aerospace data recorder market, the market is segmented on basis of components, application and geography. The different components of aerospace data recorder included in the report are cockpit voice recorder, flight data recorder, quick access recorder, data loggers. In 2016, the largest market globally was captured by flight data recorders. Owing to the fact that, flight data recorders captures various data from an aircraft, the same are heavily attached to aircrafts. This has led the segment to dominate among the various components of flight recorders. Cockpit voice recorder is estimated to be the fastest growing type segment, expanding at a significant rate during the forecast period from 2017 to 2025. The application segment is bifurcated as commercial and defense sector.

Due to the rapid escalation in the commercial aviation worldwide, the commercial segment held the majority of market share in 2016 and the segment is estimated to grow at a significant CAGR from 2017 to 2025. The estimated growth of commercial segment is attributed to the fact that, the global aerospace industry is witnessing huge growth in air traffic.

Global Aerospace Data Recorder Market: Geographical Analysis

Geographically, the aerospace data recorder market is categorized on basis of five key regions as North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The majority of the market share was contributed by North America in 2016 followed by Europe. Due to extensive research and development being carried out in the North America region in order to manufacture technologically robust flight recorder, the region is leading the market in 2016. Asia Pacific is witnessing huge demand for air traffic especially in the countries such as China, India, Japan and South Korea among others, due to which the region is estimated to be the fastest growing region globally.

Global Aerospace Data Recorder Market: Competitive Analysis

Across five key regions globally, the top ten participants operating in the market for aerospace data recorder has been profiled in this report. The participants are Honeywell International Inc. (U.S), Teledyne Technologies Incorporated (U.S), AstroNova Inc. (U.S), SLN Technologies (India), FLHYT Aerospace Solutions Ltd. (Canada), Leonardo DRS (U.S), RUAG Group (Switzerland), Curtiss-Wright Defense Solutions (U.S), L-3 Technologies Inc. (U.S), Universal Avionics Systems Corporation (U.S).

The segments covered in the man-portable anti-armor weapons market are as follows:

Global Aerospace Data Recorder Market, 2017-2025: By Components

  • Cockpit Voice Recorder
  • Flight Data Recorder
  • Quick Access Recorder
  • Data Logger

Global Aerospace Data Recorder Market, 2017 - 2025: By Application

  • Commercial
  • Defense

Global Aerospace Data Recorder Market, 2017 - 2025: By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K
    • Germany
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America


 
 
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