The size of the global market for flight data monitoring and analysis was estimated at US$ 1.1 billion in 2021 and is expected to increase by 8.6% CAGR to US$ 2.7 billion by 2032 from US$ 1.2 billion in 2022. The market for flight data monitoring and analysis is expected to grow as a result of factors including a high need for situational awareness, an increase in aircraft deliveries, and an increase in the amount of data produced by the aviation industry.
The FDMA industry will be driven in the upcoming years by the proliferation of commercial aircraft and the usage of military aircraft for the transport of defence goods. Flight Data Monitoring and Analysis improves flight crew performance and air traffic control operations (FDMA).
The flight data monitoring and analysis market refers to the market for software and services that enable the collection, storage, and analysis of flight data to improve aviation safety. Flight data monitoring (FDM) involves the automatic collection and analysis of data from an aircraft’s flight data recorder, while flight operations quality assurance (FOQA) involves the manual review and analysis of flight data by human experts.
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The global FDM and FOQA market is driven by the need to improve aviation safety and reduce accidents. These systems provide valuable insights into aircraft performance, pilot behavior, and operational trends, which can be used to identify potential safety risks and improve training and operational procedures. They are also used by airlines to optimize flight operations and reduce maintenance costs.
The FDM and FOQA market is highly competitive, with a number of established and emerging players offering a range of software and services. Key players in this market include Flight Data Services, Scaled Analytics, Flight Data Systems, and Honeywell Aerospace, among others. Other players in this market include major aircraft manufacturers like Boeing and Airbus, which offer FDM and FOQA solutions as part of their broader portfolio of aviation products and services.
What is the Level of Competition for Flight Data Monitoring and Analysis in the Market?
Through strategic partnerships, manufacturers can increase production and meet consumer demand, increasing both their revenues and market share. The introduction of new products and technologies will allow end-users to reap the benefits of new technologies. Increasing the company’s production capacity is one of the potential benefits of a strategic partnership.
Key Segments Covered in the Flight Data Monitoring and Analysis Market Study
By Aircraft Type:
- Fixed Wing Flight Data Monitoring and Analysis
- Rotary Type Flight Data Monitoring and Analysis
By End Use Vertical:
- Civil Flight Data Monitoring and Analysis
- Military Flight Data Monitoring and Analysis
By Region:
- North America Flight Data Monitoring and Analysis
- Europe Flight Data Monitoring and Analysis
- Asia Pacific Flight Data Monitoring and Analysis
- Middle East and Africa Flight Data Monitoring and Analysis
- South America Flight Data Monitoring and Analysis
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Table of Content
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Flight Data Monitoring and Analysis Market
4. Market Overview
4.1. Introduction
4.1.1. Definitions
4.1.2. Government Policies and Regulations
4.2. Global Flight Data Monitoring and Analysis Overview
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