Flight Data Monitoring Market to offer a healthy CAGR of 9.2% during 2020-25
February 07, 2020
Flight Data Monitoring Market Overview:
Flight Data Monitoring (FDM) Market is likely to witness an impressive CAGR of 9.2% during the forecast period. The growing claim for improved situational cognizance for efficient airline operations, need to minimize the cost of unscheduled maintenance, the rising volume of data generated by the aviation industry, and an upsurge in aircraft deliveries are the prime factors that are driving the global flight data monitoring market.
Report Overview:
This new report from Stratview Research analyses the Flight Data Monitoring Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Flight Data Monitoring Market Segment Insights:
Dominance Of: On-Ground
Based on the solution type, the market is segmented as an onboard solution and on-ground solution. The on-ground segment is estimated to remain dominant during the forecast period. The growing application of the ground-based flight data monitoring analysis software is fueling the growth of the segment.
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https://www.stratviewresearch.com/toc/755/flight-data-monitoring-market.html
Dominance of: FDM Service and Fleet Operators
Based on the component type, the market is segmented as FDM service, FDM system, and FDM software. The FDM service segment led the market in 2018. Factors such as increasing aircraft deliveries globally and the demand for enhanced functional efficiency of airlines are bolstering the growth of the FDM service segment in the coming five years.
Based on the end-user type, the market is segmented as fleet operators, drone operators, investigation agencies, and FDM service providers. The fleet operators’ segment held a major share of the market in 2018. The escalating fleet size of prominent airlines in the APAC region is stimulating the growth of the flight data monitoring market during the forecast period.
A highly/moderately/fragment consolidated Market
Some of the major players in the flight data monitoring market are The Curtiss-Wright Corporation, Flyht, Flight Data Services, Flight Data People, Guardian Mobility, Scaled Analytics, SAGEM, and Teledyne Controls.
Regional Hegemony of North America
In terms of regions, North America and Europe are expected to lead the flight data monitoring market during the forecast period. The market is driven by the presence of giant system manufacturers, software developers, and service providers in the flight data monitoring market that are located in the US, the UK, and France. Asia-Pacific is also expected to offer substantial growth opportunities in the coming five years.
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