Europe Flight Data Recorder Market Overview
According to SPER Market Research, the Europe Flight Data Recorder Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
The Flight Data Recorder, popularly known as the "black box," is a critical instrument used in aircraft to store important information during flights. Despite its name, it is normally orange to make it easier to find in the event of an accident. The Flight Data Recorder's function is to gather and retain numerous flight parameters and data that will help investigators understand what happened during an aviation incident or disaster. It is built to withstand harsh conditions such as high temperatures, impact forces, and even water immersion. The recorder continually records crucial flight information, including vertical acceleration, heading, airspeed, and data from the aircraft's numerous systems. This information offers important insights into the operation of the aircraft, the pilots' activities, and the condition of the systems prior to an incident or disaster. Aviation specialists can reconstruct the events' sequence and pinpoint the causes of the incident by studying the data from the flight data recorder, which helps to increase flight safety and avert mishaps in the future.
Exploring the Growth Drivers of the Europe Flight Data Recorder Industry
There are several main reasons driving considerable growth in the Europe Flight Data Recorder (FDR) industry. First of all, rising air travel demand inside Europe is one of the key causes driving the FDR market's expansion. As more individuals opt to fly for business and pleasure, there is a greater need to assure flight safety and investigate any mishaps that may occur. Flight Data Recorders are critical in obtaining valuable information on flights, allowing investigators to determine the causes of accidents or mishaps and take required preventative steps. Furthermore, the adoption of strict safety standards by European aviation authorities has contributed to the expansion of the FDR market. In order to improve safety standards, these regulations require the installation of dependable and modern FDR systems in commercial aircraft. As a result, airlines and aircraft manufacturers are required to invest in cutting-edge FDR technology in order to comply with these requirements, promoting market growth.
What challenges does the Europe Flight Data Recorder Market face?
The Europe flight data recorder market is facing a number of challenges that are hurting its operations and growth. Because of the stringent standards enforced by organizations such as EASA, regulatory compliance is a considerable challenge, resulting in complex certification and approval processes. Another challenge is that technological developments and compatibility must keep up with increasing requirements and incorporate new data collection and connection technologies, particularly for older aircraft models. As large investments are needed for research & development, manufacture, installation, continuing maintenance, and data analysis, balancing cost and compliance is essential. Due to the sensitive information that flight data recorders carry, data security and privacy are other issues that must be addressed.
In what ways has the COVID-19 pandemic affected Europe Flight Data Recorder Market?
The COVID-19 epidemic has had a severe impact on the Europe flight data recorder market. first thing, the pandemic caused a major decline in air travel and passenger demand, resulting in a significant decrease in flight activity. With fewer flights, the demand for new flight data recorders has decreased, hurting industry growth and income. Second, the financial constraints faced by airlines during the epidemic have resulted in budget cuts and an emphasis on cost-cutting initiatives. This has had an influence on investments in new aircraft and equipment, such as flight data recorders. Airlines have prioritised their limited resources towards vital operations, maintenance, and survival, resulting in a lag in the adoption of new recording technologies.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Component, By Aircraft Type, By Function, By Recording Time, By Installation Type, By Platform, By Recording Media, By End User
|
| Regions covered | Germany, France, UK, Italy, Russia, Rest of Europe
|
| Companies Covered | AERTEC, AMETEK, Astronova, Curtisss-Wright Corporation, Elbit Systems Ltd, Flight Data Vision, FLIGHT DATA SYSTEM, General Electric, Honeywell International Inc, Leonardo DRS, Raytheon Technologies Corporation Safran, SECO S.p.a, FLYHT Aerospace Solutions Ltd.
|
Key Target Audience:
- Airlines
- Aviation Authorities and Regulatory Bodies
- Accident Investigation Agencies
Europe Flight Data Recorder Market Segmentation:
1. By Type:
- Europe Flight Data Recorder Market Value Share and Forecast, By Type, 2023-2033
- Flight Data Recorder
- Cockpit Voice Recorder
- Quick Access Recorder
2. By Component:
- Europe Flight Data Recorder Market Value Share and Forecast, By Component 2023-2033
- Memory Unit
- Electronic Controller Board
- Input Devices
- Power Supply
- Signal Beacon
3. By Aircraft Type:
- Europe Flight Data Recorder Market Value Share and Forecast, By Aircraft Type, 2023-2033
- Narrow Body
- Wide Body
- Rotorcrafts
- Business Jets
- Turboprop
4. By Function:
- Europe Flight Data Recorder Market Value Share and Forecast, By Function, 2023-2033
- Parametric Flight Data
- Record Flight Crew Audio
- Data Link Communication
- Others
5. By Region:
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
Key Topics Covered in the Report:
- Europe Flight Data Recorder Market Size (FY’2023-FY’2033)
- Overview of Europe Flight Data Recorder Market
- Segmentation of Europe Flight Data Recorder Market By Type (Flight Data Recorder, Cockpit Voice Recorder, Quick Access Recorder)
- Segmentation of Europe Flight Data Recorder Market By Component (Memory Unit, Electronic Controller Board, Input Devices, Power Supply, Signal Beacon, Others)
- Segmentation of Europe Flight Data Recorder Market By Aircraft Type (Narrow Body, Wide Body, Rotorcrafts, Business jets, Turboprop, Others)
- Segmentation of Europe Flight Data Recorder Market By Function (Parametric Flight Data, Record Flight Crew Audio, Data Link Communication, Others)
- Segmentation of Europe Flight Data Recorder Market By Recording Time (Above 20 Hours, 2-20 Hours, up to 2 hours)
- Segmentation of Europe Flight Data Recorder Market By Installation Type (New Installation, Retrofit)
- Segmentation of Europe Flight Data Recorder Market By Platform (Manned Aerial, Unmanned Aerial)
- Segmentation of Europe Flight Data Recorder Market By Recording Media (Solid State Flight Recorder, Magnetic Tape)
- Segmentation of Europe Flight Data Recorder Market By End User (Civil & Commercial Aircraft, Military Aircraft, Helicopter)
- Statistical Snap of Europe Flight Data Recorder Market
- Growth Analysis of Europe Flight Data Recorder Market
- Problems and Challenges in Europe Flight Data Recorder Market
- Competitive Landscape in the Europe Flight Data Recorder Market
- Impact of COVID-19 and Demonetization on Europe Flight Data Recorder Market
- Details on Recent Investment in Europe Flight Data Recorder Market
- Competitive Analysis of Europe Flight Data Recorder Market
- Key Players in the Europe Flight Data Recorder Market
- SWOT Analysis of Europe Flight Data Recorder Market
- Europe Flight Data Recorder Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Flight Data Recorder Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Flight Data Recorder Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Flight Data Recorder Market
7. Europe Flight Data Recorder Market, By Type (USD Million)
7.1. Europe Flight Data Recorder Market Value Share and Forecast, By Type, 2023-2033
7.2. Flight Data Recorder
7.3. Cockpit Voice Recorder
7.4. Quick Access Recorder
8. Europe Flight Data Recorder Market, By Component (USD Million)
8.1. Europe Flight Data Recorder Market Value Share and Forecast, By Component 2023-2033
8.2. Memory Unit
8.3. Electronic Controller Board
8.4. Input Devices
8.5. Power Supply
8.6. Signal Beacon
8.7. Others
9. Europe Flight Data Recorder Market, By Aircraft Type (USD Million)
9.1. Europe Flight Data Recorder Market Value Share and Forecast, By Aircraft Type, 2023-2033
9.2. Narrow Body
9.3. Wide Body
9.4. Rotorcrafts
9.5. Business Jets
9.6. Turboprop
9.7. Others
10. Europe Flight Data Recorder Market, By Function (USD Million)
10.1. Europe Flight Data Recorder Market Value Share and Forecast, By Function, 2023-2033
10.2. Parametric Flight Data
10.3. Record Flight Crew Audio
10.4. Data Link Communication
10.5. Others
11. Europe Flight Data Recorder Market, By Recording Time (USD Million)
11.1. Europe Flight Data Recorder Market Value Share and Forecast, By Recording Time, 2023-2033
11.2. Above 20 Hours
11.3. 2-20 hours
11.4. Up to 2 hours
12. Europe Flight Data Recorder Market, By Installation Type (USD Million)
12.1. Europe Flight Data Recorder Market Value Share and Forecast, By Installation Type, 2023-2033
12.2. New Installation
12.3. Retrofit
13. Europe Flight Data Recorder Market, By Platform (USD Million)
13.1. Europe Flight Data Recorder Market Value Share and Forecast, By Platform, 2023-2033
13.2. Manned Aerial
13.3. Unmanned Aerial
14. Europe Flight Data Recorder Market, By Recording Media (USD Million)
14.1. Europe Flight Data Recorder Market Value Share and Forecast, By Recording Media, 2023-2033
14.2. Solid State Flight Recorder
14.3. Magnetic tape
15. Europe Flight Data Recorder Market, By End User (USD Million)
15.1. Europe Flight Data Recorder Market Value Share and Forecast, By End User, 2023-2033
15.2. Civil & Commercial Aircraft
15.3. Military Aircraft
15.4. Helicopter
16. Europe Flight Data Recorder Market Forecast, 2019-2033 (USD Million)
16.1. Europe Flight Data Recorder Market Size and Market Share
17. Europe Flight Data Recorder Market, By Type, 2019-2033 (USD Million)
17.1. Europe Flight Data Recorder Market Size and Market Share by Type (2019-2026)
17.2. Europe Flight Data Recorder Market Size and Market Share by Type (2027-2033)
18. Europe Flight Data Recorder Market, By Component, 2019-2033 (USD Million)
18.1. Europe Flight Data Recorder Market Size and Market Share by Component (2019-2026)
18.2. Europe Flight Data Recorder Market Size and Market Share by Component (2027-2033)
19. Europe Flight Data Recorder Market, By Aircraft Type, 2019-2033 (USD Million)
19.1. Europe Flight Data Recorder Market Size and Market Share by Aircraft Type (2019-2026)
19.2. Europe Flight Data Recorder Market Size and Market Share by Aircraft Type (2027-2033)
20. Europe Flight Data Recorder Market, By Function, 2019-2033 (USD Million)
20.1. Europe Flight Data Recorder Market Size and Market Share by Function (2019-2026)
20.2. Europe Flight Data Recorder Market Size and Market Share by Function (2027-2033)
21. Europe Flight Data Recorder Market, By Recording Time, 2019-2033 (USD Million)
21.1. Europe Flight Data Recorder Market Size and Market Share by Recording Time (2019-2026)
21.2. Europe Flight Data Recorder Market Size and Market Share by Recording Time (2027-2033)
22. Europe Flight Data Recorder Market, By Installation Type, 2019-2033 (USD Million)
22.1. Europe Flight Data Recorder Market Size and Market Share by Installation Type (2019-2026)
22.2. Europe Flight Data Recorder Market Size and Market Share by Installation Type (2027-2033)
23. Europe Flight Data Recorder Market, By Platform 2019-2033 (USD Million)
23.1. Europe Flight Data Recorder Market Size and Market Share by Platform (2019-2026)
23.2. Europe Flight Data Recorder Market Size and Market Share by Platform (2027-2033)
24. Europe Flight Data Recorder Market, By Recording Media, 2019-2033 (USD Million)
24.1. Europe Flight Data Recorder Market Size and Market Share by Recording Media (2019-2026)
24.2. Europe Flight Data Recorder Market Size and Market Share by Recording Media (2027-2033)
25. Europe Flight Data Recorder Market, By End User, 2019-2033 (USD Million)
25.1. Europe Flight Data Recorder Market Size and Market Share by End User (2019-2026)
25.2. Europe Flight Data Recorder Market Size and Market Share by End User (2027-2033)
26. Europe Flight Data Recorder Market, By Region, 2019-2033 (USD Million)
26.1. Europe Flight Data Recorder Market Size and Market Share by Region (2019-2026)
26.2. Europe Flight Data Recorder Market Size and Market Share by Region (2027-2033)
26.3. Germany
26.4. France
26.5. UK
26.6. Italy
26.7. Russia
26.8. Rest of Europe
27. Company Profile
27.1. AERTEC
27.1.1. Company details
27.1.2. Financial outlook
27.1.3. Product summary
27.1.4. Recent developments
27.2. AMETEK
27.2.1. Company details
27.2.2. Financial outlook
27.2.3. Product summary
27.2.4. Recent developments
27.3. Astronova
27.3.1. Company details
27.3.2. Financial outlook
27.3.3. Product summary
27.3.4. Recent developments
27.4. Curtiss-Wright Corporation
27.4.1. Company details
27.4.2. Financial outlook
27.4.3. Product summary
27.4.4. Recent developments
27.5. Elbit Systems Ltd
27.5.1. Company details
27.5.2. Financial outlook
27.5.3. Product summary
27.5.4. Recent developments
27.6. Flight Data Vision
27.6.1. Company details
27.6.2. Financial outlook
27.6.3. Product summary
27.6.4. Recent developments
27.7. FLIGHT DATA SYSTEM
27.7.1. Company details
27.7.2. Financial outlook
27.7.3. Product summary
27.7.4. Recent developments
27.8. General Electric
27.8.1. Company details
27.8.2. Financial outlook
27.8.3. Product summary
27.8.4. Recent developments
27.9. Honeywell International Inc.
27.9.1. Company details
27.9.2. Financial outlook
27.9.3. Product summary
27.9.4. Recent developments
27.10. Leonardo DRS
27.10.1. Company details
27.10.2. Financial outlook
27.10.3. Product summary
27.10.4. Recent developments
27.11. Raytheon Technologies Corporation
27.11.1. Company details
27.11.2. Financial outlook
27.11.3. Product summary
27.11.4. Recent developments
27.12. Safran
27.12.1. Company details
27.12.2. Financial outlook
27.12.3. Product summary
27.12.4. Recent developments
27.13. SECO S.p.a
27.13.1. Company details
27.13.2. Financial outlook
27.13.3. Product summary
27.13.4. Recent developments
27.14. FLYHT Aerospace Solutions Ltd
27.14.1. Company details
27.14.2. Financial outlook
27.14.3. Product summary
27.14.4. Recent developments
28. List of Abbreviations
29. Reference Links
30. Conclusion
31. Research Scope