North America Flight Inspection Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Solution (System [Fixed System, Mobile System, and Ground-based System] and Services [Routine Services, Commissioning Services, and Special Services]) and E

North America Flight Inspection Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Solution (System [Fixed System, Mobile System, and Ground-based System] and Services [Routine Services, Commissioning Services, and Special Services]) and End User (Defense Airport and Commercial Airport)

The North America flight inspection market is expected to grow from US$ 1,759.31 million in 2020 to US$ 2,976.18 million by 2027. It is estimated to grow at a CAGR of 7.8% from 2020 to 2027. The governments across the region are allocating a substantial percentage of the budget toward defense forces. This is attributable to the rise in emphasis on modernizing the forces with advanced technologies and systems. As the military forces in several countries have multiple airbases with a substantial number of runways, catering to significant volumes of daily take-offs and landings, flight inspection plays a crucial role in ensuring an accurate and secured guidance system for aircraft in normal and adverse weather conditions. The periodic inspection of navigational aids at military airports facilitates military forces to help pilots smoothly conduct the take-off and landing activities. The military forces in several economies procure flight inspection equipment and conduct inspection, whereas several defense forces in developing countries, such as Mexico, opt for authorized service providers. The uptake of the equipment and services is surging with the continued growth in the demand for inspection activities. Thus, the rising demand for routine inspection among the military forces is boosting the adoption of flight inspection, thereby driving North America the market growth.

North America, especially the US, has been severely affected by the COVID-19 outbreak. The economic growth has lowered, which delayed the ongoing commercial and defense up-gradation projects. The US is one of the major exporters of aircraft, but export revenue is reduced due to the disrupted supply chain and lowered economic conditions of importing countries. Enhancing trade relations to support international supply post lockdown helped the market regain its position. The limiting strength of the workforce due to the physical distancing model hampered the production activities in the country. The demand for aircraft has declined, severely impacting aircraft manufacturing companies. For instance, Boeing company expected a lower demand from the market than their previous prediction amid COVID-19. The new report predicted an 11% drop in demand from its forecast a year ago. Such lowering demand and sale of aircraft directly impacted the uptake of flight inspection systems and services, which hindered the market growth.

Based on solution, the system segment led the North America flight inspection market in 2019. Automation is improving the performance of flight inspection systems by reducing the inspection and analysis time for enhanced safety. Integrating the systems with modern technologies—such as GLS or GBAS Landing Systems—improves the landing operations with enhanced navigation. An increasing number of airports is creating the demand for advanced systems installed at facilities and in aircraft. Flight inspection systems are combined with modern technologies to offer maximum features, such as UHF (Ultra high frequency) communication, tactical air navigation (TACAN), and automatic dependent surveillance-broadcast. The advantages of the flight inspection systems, such as fewer chances of security breach, less time-consuming than manual inspection, and high accuracy, are expected to increase its demand, driving the North America flight inspection market.

The overall North America flight inspection market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America flight inspection market. The process also serves the purpose of obtaining overview and forecast for the North America flight inspection market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America flight inspection market. Aerodata AG; Airfield Technology, Inc.; Bombardier Inc.; ENAV S.p.A.; Norwegian Special Mission AS; Radiola Limited; Rohde & Schwarz GmbH & Co.; Safran S.A; and Textron Inc. are among a few players operating in the North America flight inspection market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America flight inspection market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America flight inspection market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the flight inspection market, as well as those hindering it 
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution