Flight Data Monitoring and Analysis Market, By Aircraft Type (Fixed Wing and Rotary Wing) by End-use Vertical (Civil (Commercial Aviation and General Aviation) and Military), and by Region (North America, Europe, Asia Pacific, and Latin America, Middle Ea

Flight Data Monitoring and Analysis Market, By Aircraft Type (Fixed Wing and Rotary Wing) by End-use Vertical (Civil (Commercial Aviation and General Aviation) and Military), and by Region (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Flight data monitoring and analysis (FDMA) is proactive use of flight data, recorder after repetitive and infrequent incident trends, in order to augment flight safety and maintenance operations, which enhances overall aviation safety. Moreover, FDMA offers various advantages including improved fuel consumption, reduction in fatal accidents, minimized unnecessary maintenance & repairs, and augmented pilot training programs owing to which it is widely used in aviation industry.
Market Dynamics
Rising adoption of FDMA as an integral part of safety management system is expected to drive growth of the global flight data monitoring and analysis market during the forecast period. As Flight data monitoring and analysis has become a voluntary safety program intended to increase the aviation safety through proactive flight-recorded statistics. This program allows airlines to collect selective digital data from flight data recorders, which is installed on their airplanes. Thereafter, this data is used to identify particular events, which is called systematic management system (SMS). The SMS establishes a baseline safety margin and computes deviations from standards and risk areas. Moreover, if any potential risk trend is identified, a proper risk management plan is implemented and its effectiveness is monitored until the trend normalizes. Moreover, growing need to reduce unscheduled maintenance cost and increasing asset utilization is expected to boost the demand Unscheduled maintenance and repair operations can lead to additional expenditures for airline companies. Moreover, it leads to inadequate utilization of assets. Flight data monitoring and analysis can provide proper analysis regarding maintenance and repair operations. This, in turn, saves unnecessary expenditure, enhances efficiency, and streamlines airline operations.
Market Taxonomy
This report segments the global flight data monitoring and analysis market on the basis aircraft type fixed wing, and rotary wing. On the basis of end-use vertical civil (commercial aviation and general aviation) and military. and by Geography North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Key features of the study:
This report provides an in-depth analysis of the global flight data monitoring and analysis market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global flight data monitoring and analysis market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Major companies involved in the global flight data monitoring and analysis market are Flight Data Services Ltd, Safran Electronics & Defense, Scaled Analytics Inc., NeST Aerospace Pvt Ltd, FlightDataPeople, Aerobytes Ltd, Helinalysis Ltd, Curtiss-Wright Corporation, French Flight Safety, Teledyne Controls LLC, Guardian Mobility Corporation, Metro Aviation, and Hi-Fly Marketing.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global flight data monitoring and analysis market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global flight data monitoring and analysis market.
Detailed Segmentation:
Global Flight Data Monitoring And Analysis Market, By Aircraft Type:
Fixed Wing
Rotary Wing
Global Flight Data Monitoring And Analysis Market, By End-use Vertical:
Civil
Commercial Aviation
General Aviation
Military
Global Flight Data Monitoring And Analysis Market, By Geography:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Flight Data Services Ltd*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Safran Electronics & Defense
Scaled Analytics Inc.
NeST Aerospace Pvt Ltd
FlightDataPeople
Aerobytes Ltd
Helinalysis Ltd
Curtiss-Wright Corporation
French Flight Safety
Teledyne Controls LLC
Guardian Mobility Corporation
Metro Aviation
Hi-Fly Marketing.
*Browse all the market data tables and figures on "Global Flight Data Monitoring and Analysis Market - Forecast to 2027”