Global Flight Data Monitoring Market is Estimated to Reach $6.4 Billion by 2025, Says Accurize Market Research
Global Flight Data Monitoring Market report published by Accurize Market Research forecast that the global market is expected to reach $6.4 billion by 2025; growing at a CAGR of 7.8% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Rising demand for real-time fault management and increased need for custom alerting & analysis solutions across the globe to drive the growth of the market
Rising demand for real-time fault managementand increased need for custom alerting & analysis solutions fuels the demand for the global flight data monitoring market. Furthermore, high demand for performance monitoring also boost the growth of the market.
The global flight data monitoring market has been bifurcated on the basis of solution type, component, end-user, and geography.The solution type segment is sub-segmented into on board and on ground. By component, the segmentation is given as FDM service, FDM system, and FDM software. Furthermore, fleet operators, drone operators, FDM service providers; investigation agencies are included into end-user segment.
By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is further bifurcated into U.S. and Canada whereas Europe segment consists of UK, Germany, France, Russia, Ireland, Spain, Netherlands, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, Australia, and Rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa.
Top players in the market
The key market players include Teledyne Controls, Flightdatapeople, Scaled Analytics, Guardian Mobility, Curtiss-Wright, Flyht, Flight Data Services, Skytrac, Safran Electronics & Defense and Flight Data Systems, among others.
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