Flight Data Monitoring and Analysis Market — Estimated to Progress at a CAGR of

Posted by RASHMI on May 17th, 2019

Flight Data Monitoring and Analysis (FDMA) is used to enhance flight crew performance and air traffic control procedures. Thus, flaws in the aircraft operations can be detected before they lead to major accidents thus developing a preventive and corrective action. For this reason, they are integrated with the aircraft operator’s safety management system. In different regions of the world, the concept of FDMA is addressed differently. International Aviation Civil Organization (ICAO) has made FDMA mandatory for aircrafts above a specified maximum certificated take-off mass.

This is expected to be the major driver for the Flight data monitoring and analysis market during the forecast period. According to the research report, the global flight data monitoring and analysis market is expected to be worth US,623.16 mn by the end of 2025 from US7.6 mn in 2016. During the forecast years of 2017 and 2025, the global market for flight data monitoring and analysis market is estimated to progress at a CAGR of 10.4%.

On the basis of aircraft type, the global market is segmented into fixed wing and rotary wing. The fixed wing segment involves the aircrafts that are lifted by their immovable wings and generally have larger seating capacity and weight than the rotary wings aircraft.

Therefore, the fixed wing aircrafts have comparatively higher number of applications and carry large volumes than the rotary wing aircrafts. Since the FDMA solutions are mandatory for aircrafts with maximum certificated take-off mass of 27,000 Kg, the fixed wing aircrafts segment is estimated to dominate the FDMA market. By the end of the forecast period, this segment is likely to hold 90% of the market share.

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On the basis of end use, the global FDMA market is divided into civil, which includes commercial and general, and military. The civil segment includes all the non-military aviation activities, which comprises both commercial and general aviation aircrafts. The commercial sub segment includes aircrafts that are used for transportation of passengers and cargo loads while general sub segment includes aircrafts for business meetings, flight training, personal travel, recreational flying, medical transport, search and rescue, agriculture aviation, aerial firefighting, pipeline patrol, and many more applications. Due to larger number of activities the civil segment is estimated to the lead the global market over the coming few years.