Global Flight Data Monitoring Market 2022 - Snapshot

Global Flight Data Monitoring Market 2022 - Snapshot

A flight data monitoring (FDM) programme could be defined as the routine collection and analysis of flight data to develop objective and predictive information for advancing safety. It can be effectively used to support a range of airworthiness and operational safety tasks. According to latest analysis by Gen Consulting Company, the global flight data monitoring market is projected to climb to USD 5,346 million by 2028-end, progressing at a CAGR of 5.3% during 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the component, solution, end user, and region. The global market data on flight data monitoring can be segmented by component: hardware, services, software. Flight data monitoring market is further segmented by solution: on ground, onboard. The onboard segment was the largest contributor to the global flight data monitoring market in 2021. Based on end user, the flight data monitoring market is segmented into: drone operators, fleet operators, investigation agencies. The fleet operators segment is estimated to account for the largest share of the global flight data monitoring market. On the basis of region, the flight data monitoring market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

The global flight data monitoring market is highly competitive. As of 2021, the major players in the global flight data monitoring market were ACR Electronics Inc., FlightDataPeople, FLYHT Aerospace Solutions Ltd., L3Harris Technologies Inc., Metro Aviation Inc. (Guardian Mobility), Safran S.A., Scaled Analytics Inc., Teledyne Technologies Incorporated, The Curtiss-Wright Corporation.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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