Flight Inspection (FI) Market to offer a healthy CAGR of 6.2% during 2020-25
February 07, 2020
Flight Inspection (FI) Market Overview:
Flight Inspection (FI) Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Increase in expenditure on new airport developments as well as existing airport infrastructure developments, along with the surge in routine and commissioning inspection activities and special flight inspection programs are likely to propel the flight inspection (FI) market in the coming five years.
Report Overview:
This new report from Stratview Research analyses the Flight Inspection (FI) 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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https://www.stratviewresearch.com/Request-Sample/756/flight-inspection-market.html
Flight Inspection (FI) Market Segment Insights:
System: The growth engine
Based on the solution type, the market is segmented as services and system. The system segment is estimated to grow at a higher CAGR during the forecast period and is likely to command the market. Increasing number of new airport development programs and increasing expenditure by emerging economies on airport infrastructure are the prime factors boosting the growth of the flight inspection market.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/756/flight-inspection-market.html
A highly/moderately/fragment consolidated Market
Some of the major players in the flight inspection (FI) market are Aerodata, Airfield Technology, Bombardier, Cobham plc, ENAV S.p.A., Norwegian Special Mission, Radiola Aerospace Limited, Saab AB, Safran S.A., and Textron.
Regional Hegemony of North America & the dominance of Defense Airports
In terms of regions, the Americas accounted for the largest share of the FI market in 2018, followed by Europe and Asia Pacific. This growth of the market was owing to rising passenger traffic in countries such as Brazil and Mexico and the development and modernization of airports in the US and Canada. In Americas, the US is dominating the overall market in the region. The reason for this enormous dominance of the US is primarily due to the airport expansion programs and presence of flight inspection system manufacturers in the country.
Based on the end-user type, the market is segmented as commercial airports and defense airports. The defense airports segment is estimated to dominate the market during the forecast period, driven by the increasing number of tactical forward airbases and defense airports, triggered by the increase in the expenditure on military infrastructure.
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