What is Flight Data Monitoring?
Worldwide the Flight Data Monitoring Market is required to enlist huge development during the estimated time frame attributable to factors including rising in aircraft deliveries, and the developing use of remote sensors for Flight Data Monitoring is the key driving variables of the development of the market. Flight Data Monitoring can be perhaps the best tool to upgrade flight security and discover proficiency gains, not only powerful in upgrading safety additionally offers a profoundly significant dataset to improve various domains of the action. Flight information checking programs help in evaluating, tackling, and recognizing operational risks and help with investigating patterns and researching conditions if there should arise an occurrence of crises. Flight data monitoring records information that might be needed for future examinations. It additionally regularly records flight information to improve fleet task security, it also improves operational productivity and furthermore assists with preparing programs. Moreover, the requirement for continued investigation of the enormous volumes of information created in the aviation industry is likewise projected to drive the development of the market.
The market study is broken down by Type (On-Board Solution and On-Ground Solution), by Application (Fleet Operators, Drone operators, FDM Service Providers and Investigation Agencies) and major geographies with country level break-up.
Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Flight Data Monitoring market throughout the predicted period.
Curtiss Wright (United States), Teledyne Controls LLC (United States), Safran Electronics & Defense (United States), Guardian Mobility (United States), Flight Data Services Ltd. (United States), Scaled Analytics Inc. (United States), Guardian Mobility Corporation (Canada), L3Harris Technology Inc. (United States), FLYHT Aerospace Solutions Ltd.( Canada) and Flight Data People (United Kingdom) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Flight Data Monitoring market by Type, Application and Region.
On the basis of geography, the market of Flight Data Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. FDM Service will boost the Flight Data Monitoring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In December 2020 Textron Aviation has declared new aircraft flight data monitoring service options for Cessna Citation business jets equipped with Aircraft Recording System II (Ares II). Through Textron Aviation’s proprietary LinxUs data reporting ecosystem, Cessna Citation user can now choose to transfer their flight data to one of two customer-selected Flight Operational Quality Assurance (FOQA) providers, Flight Data Services L3Harris Technologies’ Flight Data Connect service or Safran Electronics & Defense’s Cassiopée Flight Data Monitoring solution.
- High Demand for Real-Time Analytics in the Aviation Industry
- Increasing procurement of new aircraft in commercial and military sectors.
- The growing need for the situational awareness
- The growing number of Aircraft Deliveries
- Increasing Volume of Data Generated for Analysis in the Aviation Industry
- The advancement in the technology and use of Wireless Sensors for Flight Data Monitoring
- Shortage of skilled people
- Data accuracy is a major challenge
Key Target AudiencePrivate Aircraft Operators, UAV Operators, Aviation Industry, Technology Support Providers, Aircraft Data Analysis Service Providers and Scientific Research Centers across Regions
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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