Flight Data Monitoring Market

Global Flight Data Monitoring Market Size, Trends & Analysis - Forecasts to 2027 By Solution (On Board and On Ground), By End User (Fleet Operators, Drone Operators, FDM Service Providers, and Investigation Agencies), By Component (FDM Services, FDM Software, and FDM Systems), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa), Company Market Share Analysis, and Competitor Analysis

Category Aerospace & Defence

Format

This report was recently updated on December 1 2023 with the latest and most recent market numbers

Global Flight Data Monitoring Market Size

The Global Flight Data Monitoring Market is projected to grow at a CAGR value of 5.1% from 2022 to 2027.

Flight data monitoring (FDM) is a method employed to capture, analyze and then visualize all aircraft-generated data taken within the duration of a flight. It is used to understand flight trends as well as identify and address possible operational risks by highlighting occurrences of any non-standard and unusual event. Doing so, enhances flight operation safety and overall operational efficiency while also reducing maintenance costs. Such data is also recorded for other purposes such as any later investigation, to better fleet operation security and to be used during flight training programs.

The market will be driven during the forecast period by increasing demand for efficient flight operations, rising number of new commercial aircraft procurement owing to expanding air passenger traffic, rise in military aircraft orders due to rising military expenditure. The need to minimize unscheduled flight maintenance costs also drives the market.

Other drivers include an increased volume of flight-generated data and growing schedule management activities for aircraft flights.

However, increasing concerns regarding data security, high investment cost, a lack of concerned skill personnel, and environmental parameters could hamper the market growth.

The outbreak of the COVID-19 pandemic has impacted the flight data monitoring market significantly in multiple ways due to the many lockdowns and travel restrictions that were imposed worldwide. This led to rerouting and disruption of supply chains of such aircraft manufacturers and flight data monitoring software, hardware, and service providers. The rules of social distancing implied cutting down on ground staff as well as personnel required to function such flight data monitoring systems. The overall reduction or even complete halt in business and tourism travels during the pandemic led to reduced air travel and lower air traffic and passenger volume that impacted the global flight data monitoring market greatly.

global flight data monitoring market

Global Flight Data Monitoring Market: By Solution

Based on the solution outlook, the global flight data monitoring market is divided into on board and on the ground. The on board segment is expected to be the fastest-growing segment in the market from 2022 to 2027.

This is mainly due to the increased procurement of commercial aircrafts worldwide, with a particular rise in demand for commercial helicopters. Other contributing factors include the rise in military budgets in many countries that has increased demand for aircrafts in this sector as well as a rise in the usage of ground-based flight data monitoring analysis software.

Global Flight Data Monitoring Market: By End User

Based on the end-user, the global flight data monitoring market is divided into fleet operators, drone operators, FDM service providers, and investigation agencies. The fleet operators segment is expected to be the fastest-growing segment in the market from 2022 to 2027.

A fleet operator uses such flight monitoring data method as part of their flight management system, to monitor and enhance operational safety. This system is advantageous to fleet operators of light aircrafts, helicopters, and even more essential for big aircrafts with large take-off mass.

Global Flight Data Monitoring Market: By Component

As per the component segmentation, the global flight data monitoring market is classified into FDM Services, FDM Software and FDM Systems. The FDM services segment is expected to be the largest segment in the forecast period.

This segment is expected to grow in terms of revenue share primarily due to the high demand for smooth operational efficiency of airlines. The services are essential to collect, process, and analyze flight data to ensure flight safety.

asia pacific flight data monitoring market

Global Flight Data Monitoring Market: By Region

As per the geographical analysis, the Global Flight Data Monitoring Market can be classified into North America (the United States, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and the Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa (Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa) and Central & South America (Brazil, Argentina, and Rest of Central and South America).

North America (the United States, Canada, and Mexico) will have a dominant share in the global flight data monitoring market from 2022 to 2027. The major factor driving the growth of the market in the North American region is the high number of air travel passengers and high military expenditure, both of which lead to increased demand for commercial and military aircraft respectively. The presence of a large aircraft fleet size, major component manufacturers, service providers, and software developers also drive growth in the region.

Moreover, the Asia Pacific (India, China, Japan, Malaysia, Singapore, and the Rest of Asia Pacific) region is expected to be the fastest-growing segment in the global flight data monitoring market during the forecast period. This is mainly due to the growing demand for aircraft and flight data monitoring services in developing countries where the aviation industry is experiencing an expansion due to urbanization and growth in the tourism sector.

According to forecast reports published by Boeing, in the next two decades, the APAC region will account for approximately half of the global air traffic and about 40% of all new aircraft deliveries. New aircraft deliveries for the military sector are also on the rise in this region due to an increase in defense budgets in countries like India, China, South Korea, and others.

Global Flight Data Monitoring Market Share and Competitor Analysis

L3Harris Technology Inc, FLYHT Aerospace Solutions Ltd., Safran SA, Curtiss-Wright Corporation, Teledyne Technologies Incorporated, Skytrac Systems Ltd., Flight Data Services, Flight Data Systems, FlightDataPeople, Guardian Mobility, Scaled Analytics, and others are the key players in the global flight data monitoring market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1 Methodology

1.1 Market Scope & Definitions

1.2 Estimates & Forecast Calculation

1.3 Historical Data Overview and Validation

1.4 Data Sources

1.4.1 Secondary

1.4.2 Primary

Chapter 2 Report Outlook

2.1 Global Flight Data Monitoring Industry Overview, 2022-2027

2.1.1 Industry Overview

2.1.2 Solution Overview

2.1.3 End User Overview

2.1.4 Component Overview

2.1.6 Regional Overview

Chapter 3 Global Flight Data Monitoring Market Trends

3.1 Market Segmentation

3.2 Industry Background, 2022-2027

3.3 Market Key Trends

3.3.1 Positive Trends

3.3.1.1 Rising expansion of aviation industry

3.3.2 Industry Challenges

3.3.2.1 Lack of adequate skilled personnel

3.4 Prospective Growth Scenario

3.4.1 Solution Growth Scenario

3.4.2 End User Growth Scenario

3.4.3 Component Growth Scenario

3.5 COVID-19 Influence over Industry Growth

3.6 Porter’s Analysis

3.7 PESTEL Analysis

3.8 Value Chain & Supply Chain Analysis

3.9 Regulatory Framework

3.9.1 North America

3.9.2 Europe

3.9.3 APAC

3.9.4 LATAM

3.9.5 MEA

3.10 End-User Overview

3.11 Market Share Analysis, 2022

3.11.1 Company Positioning Overview, 2022

Chapter 4 Global Flight Data Monitoring Market, By Solution

4.1 Solution Outlook

4.2 On Board

4.2.1 Market Size, By Region, 2022-2027 (USD Million)

4.3 On Ground

4.3.1 Market Size, By Region, 2022-2027 (USD Million)

Chapter 5 Global Flight Data Monitoring Market, By End User

5.1 End User Outlook

5.2 Fleet Operators

5.2.1 Market Size, By Region, 2022-2027 (USD Million)

5.3 Drone Operators

5.3.1 Market Size, By Region, 2022-2027 (USD Million)

5.4 FDM Service Providers

5.4.1 Market Size, By Region, 2022-2027 (USD Million)

5.5 Investigation Agencies

5.5.1 Market Size, By Region, 2022-2027 (USD Million)

Chapter 6 Global Flight Data Monitoring Market, By Component

6.1 FDM Services

6.1.1 Market Size, By Region, 2022-2027 (USD Million)

6.2 FDM Software

6.2.1 Market Size, By Region, 2022-2027 (USD Million)

6.3 FDM Systems

6.3.1 Market Size, By Region, 2022-2027 (USD Million)

Chapter 7 Global Flight Data Monitoring Market, By Region

7.1 Regional outlook

7.2 North America

7.2.1 Market Size, By Country 2022-2027 (USD Million)

7.2.2 Market Size, By Solution, 2022-2027 (USD Million)

7.2.3 Market Size, By End User, 2022-2027 (USD Million)

7.2.4 Market Size, By Component, 2022-2027 (USD Million)

7.2.6 U.S.

7.2.6.1 Market Size, By Solution, 2022-2027 (USD Million)

7.2.4.2 Market Size, By End User, 2022-2027 (USD Million)

7.2.4.3 Market Size, By Component, 2022-2027 (USD Million)

7.2.7 Canada

7.2.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.2.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.2.7.3 Market Size, By Component, 2022-2027 (USD Million)

7.3 Europe

7.3.1 Market Size, By Country 2022-2027 (USD Million)

7.3.2 Market Size, By Solution, 2022-2027 (USD Million)

7.3.3 Market Size, By End User, 2022-2027 (USD Million)

7.3.4 Market Size, By Component, 2022-2027 (USD Million)

7.3.6 Germany

7.3.6.1 Market Size, By Solution, 2022-2027 (USD Million)

7.3.6.2 Market Size, By End User, 2022-2027 (USD Million)

7.3.6.3 Market Size, By Component, 2022-2027 (USD Million)

7.3.7 UK

7.3.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.3.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.3.7.3 Market Size, By Component, 2022-2027 (USD Million)

7.3.8 France

7.3.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.3.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.3.7.3 Market Size, By Component, 2022-2027 (USD Million)

7.3.9 Italy

7.3.9.1 Market Size, By Solution, 2022-2027 (USD Million)

7.3.9.2 Market Size, By End User, 2022-2027 (USD Million)

7.3.9.3 Market Size, By Component, 2022-2027 (USD Million)

7.3.10 Spain

7.3.10.1 Market Size, By Solution, 2022-2027 (USD Million)

7.3.10.2 Market Size, By End User, 2022-2027 (USD Million)

7.3.10.3 Market Size, By Component, 2022-2027 (USD Million)

7.3.11 Russia

7.3.11.1 Market Size, By Solution, 2022-2027 (USD Million)

7.3.11.2 Market Size, By End User, 2022-2027 (USD Million)

7.3.11.3 Market Size, By Component, 2022-2027 (USD Million)

7.4 Asia Pacific

7.4.1 Market Size, By Country 2022-2027 (USD Million)

7.4.2 Market Size, By Solution, 2022-2027 (USD Million)

7.4.3 Market Size, By End User, 2022-2027 (USD Million)

7.4.4 Market Size, By Component, 2022-2027 (USD Million)

7.4.6 China

7.4.6.1 Market Size, By Solution, 2022-2027 (USD Million)

7.4.6.2 Market Size, By End User, 2022-2027 (USD Million)

7.4.6.3 Market Size, By Component, 2022-2027 (USD Million)

7.4.7 India

7.4.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.4.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.4.7.3 Market Size, By Component, 2022-2027 (USD Million)

7.4.8 Japan

7.4.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.4.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.4.7.3 Market Size, By Component, 2022-2027 (USD Million)

7.4.9 Australia

7.4.9.1 Market Size, By Solution, 2022-2027 (USD Million)

7.4.9.2 Market size, By End User, 2022-2027 (USD Million)

7.4.9.3 Market Size, By Component, 2022-2027 (USD Million)

7.4.10 South Korea

7.4.10.1 Market Size, By Solution, 2022-2027 (USD Million)

7.4.10.2 Market Size, By End User, 2022-2027 (USD Million)

7.4.10.3 Market Size, By Component, 2022-2027 (USD Million)

7.5 Central & South America

7.5.1 Market Size, By Country 2022-2027 (USD Million)

7.5.2 Market Size, By Solution, 2022-2027 (USD Million)

7.5.3 Market Size, By End User, 2022-2027 (USD Million)

7.5.4 Market Size, By Component, 2022-2027 (USD Million)

7.5.6 Brazil

7.5.6.1 Market Size, By Solution, 2022-2027 (USD Million)

7.5.6.2 Market Size, By End User, 2022-2027 (USD Million)

7.5.6.3 Market Size, By Component, 2022-2027 (USD Million)

7.5.7 Mexico

7.5.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.5.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.5.7.3 Market Size, By Component, 2022-2027 (USD Million)

7.5.8 Argentina

7.5.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.5.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.5.7.3 Market Size, By Component, 2022-2027 (USD Million)

7.6 MEA

7.6.1 Market Size, By Country 2022-2027 (USD Million)

7.6.2 Market Size, By Solution, 2022-2027 (USD Million)

7.6.3 Market Size, By End User, 2022-2027 (USD Million)

7.6.4 Market Size, By Component, 2022-2027 (USD Million)

7.6.6 Saudi Arabia

7.6.6.1 Market Size, By Solution, 2022-2027 (USD Million)

7.6.6.2 Market Size, By End User, 2022-2027 (USD Million)

7.6.6.3 Market Size, By Component, 2022-2027 (USD Million)

7.6.7 UAE

7.6.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.6.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.6.7.3 Market Size, By Component, 2022-2027 (USD Million)

7.6.8 South Africa

7.6.7.1 Market Size, By Solution, 2022-2027 (USD Million)

7.6.7.2 Market Size, By End User, 2022-2027 (USD Million)

7.6.7.3 Market Size, By Component, 2022-2027 (USD Million)

Chapter 8 Company Landscape

8.1 Competitive Analysis, 2022

8.2 L3Harris Technology Inc.

8.2.1 Company Overview

8.2.2 Financial Analysis

8.2.3 Strategic Positioning

8.2.4 Info Graphic Analysis

8.3 FLYHT Aerospace Solutions Ltd.

8.3.1 Company Overview

8.3.2 Financial Analysis

8.3.3 Strategic Positioning

8.3.4 Info Graphic Analysis

8.4 Safran SA

8.4.1 Company Overview

8.4.2 Financial Analysis

8.4.3 Strategic Positioning

8.4.4 Info Graphic Analysis

8.5 Curtiss-Wright Corporation

8.5.1 Company Overview

8.5.2 Financial Analysis

8.5.3 Strategic Positioning

8.5.4 Info Graphic Analysis

8.6 Teledyne Technologies Incorporated

8.6.1 Company Overview

8.6.2 Financial Analysis

8.6.3 Strategic Positioning

8.6.4 Info Graphic Analysis

8.7 Skytrac Systems Ltd.

8.7.1 Company Overview

8.7.2 Financial Analysis

8.7.3 Strategic Positioning

8.7.4 Info Graphic Analysis

8.8 Flight Data Services

8.8.1 Company Overview

8.8.2 Financial Analysis

8.8.3 Strategic Positioning

8.8.4 Info Graphic Analysis

8.9 Flight Data Systems

8.8.1 Company Overview

8.8.2 Financial Analysis

8.8.3 Strategic Positioning

8.8.4 Info Graphic Analysis

8.10 FlightDataPeople

8.10.1 Company Overview

8.10.2 Financial Analysis

8.10.3 Strategic Positioning

8.10.4 Info Graphic Analysis

8.11 Guardian Mobility

8.11.1 Company Overview

8.11.2 Financial Analysis

8.11.3 Strategic Positioning

8.11.4 Info Graphic Analysis

8.12 Scaled Analytics

8.12.1 Company Overview

8.12.2 Financial Analysis

8.12.3 Strategic Positioning

8.12.4 Info Graphic Analysis

8.13 Others

8.13.1 Company Overview

8.13.2 Financial Analysis

8.13.3 Strategic Positioning

8.13.4 Info Graphic Analysis

The Global Flight Data Monitoring Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Flight Data Monitoring Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

What is the projected market size of the global flight data monitoring market?

The global flight data monitoring market is projected to grow at a CAGR value of 5.1% from 2022 to 2027.

Who are the major vendors in the global flight data monitoring market?

L3Harris Technology Inc, FLYHT Aerospace Solutions Ltd., Safran SA, Curtiss-Wright Corporation, Teledyne Technologies Incorporated, Skytrac Systems Ltd., Flight Data Services, Flight Data Systems, FlightDataPeople, Guardian Mobility, Scaled Analytics and others are the key players in the global flight data monitoring market.

Which region has the highest market share in the global flight data monitoring market?

The North American region is estimated to hold the highest share in the global flight data monitoring market.

What is the Covid-19 impact on the future of global flight data monitoring manufacturers?

The outbreak of the COVID-19 pandemic has impacted the flight data monitoring market significantly in multiple ways due to the many lockdowns and travel restrictions that were imposed worldwide. This led to rerouting and disruption of supply chains of such aircraft manufacturers and flight data monitoring software, hardware and service providers. The rules of social distancing implied cutting down on ground staff as well as personnel required to function such flight data monitoring systems. The overall reduction or even complete halt in business and tourism travels during the pandemic led to reduced air travels and lower air traffic and passenger volume that impacted the global flight data monitoring market greatly.

What are the major drivers in the global flight data monitoring market?

The market will be driven during the forecast period by increasing demand for efficient flight operations, rising number of new commercial aircraft procurement owing to expanding air passenger traffic, rise in military aircraft orders due to rising military expenditure. The need to minimise unscheduled flight maintenance costs also drives the market. Other drivers include an increased volume of flight-generated data and growing schedule management activities for aircraft flights.