South 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

South 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 SAM flight inspection market is expected to grow from US$ 221.72 million in 2020 to US$ 301.99 million by 2027. It is estimated to grow at a CAGR of 4.5% 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 substantial number of runways catering to noteworthy volumes of take-off and landing on a daily basis, flight inspection plays a crucial role in ensuring accurate and secured guidance system for aircraft take-off and landing 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 opt for authorized service providers. As the demand for inspection activities continue to grow, the adoption of the equipment and services surge. Thus, the rising demand for the routine inspection among the military forces is boosting the adoption of flight inspection, thereby driving the SAM market growth.

The COVID-19 outbreak highly affected SAM, especially Brazil, followed by Argentina and Peru. The government of SAM has taken an array of actions to protect their citizens and contain COVID-19's spread. The market has significantly affected the lockdown as the region isolated itself by shutting down a high number of international flights. Countries, such as Argentina, Brazil, and others suspended the ongoing or planned aviation industry expansion plan due to a significant blow on the economy, which limited the region's market growth in the COVID-19 situation. The pandemic severely impacted the international transportation of flight, which hampered the commercial aircraft market substantially. The shutdown of transportation and international traffic hits particularly hard on the aerospace industry, while military aircraft have had a meager impact. The market has witnessed a mixed result of the pandemic, with the demand for service remaining stable or increased due to the standing aircraft fleet. The periodical or routine and informal flight inspections have been carried out to check the standing aircraft fleet.

Based on services, the routine services segment led the SAM flight inspection market in 2019. The periodic or routine flight inspection activities ensure that the system meets the standards and supports the operational requirements. Flight inspection service providers confirm the validity of signals-in-space of aircraft regularly. Also, the routine service verifies that the ground supporting equipment at the facility continues to meet the specifications and standards. The importance of routine inspection is high to validate the safe operation. Moreover, the COVID-19 pandemic has further enhanced its demand. The above importance of routine services is expected to increase its demand, driving the SAM flight inspection market.

The overall SAM 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 SAM flight inspection market. The process also serves the purpose of obtaining overview and forecast for the SAM 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 SAM 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 SAM flight inspection market.

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