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[ 英語タイトル ] Aircraft Flight Recorder Market - Growth, Trends, and Forecast (2020 - 2025)


Product Code : MDAD0084318
Survey : Mordor Intelligence
Publish On : November, 2020
Category : Aerospace and Defence
Study Area : Global
Report format : PDF
Sales price option (consumption tax not included)
Single User USD4250 / Question Form
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- L3Harris Technologies Inc.
- GE
- Curtiss-Wright
- Elbit Systems Ltd.
- Honeywell International Inc.
- Safran SA
- Niron Systems & Projects Ltd.
- Leonardo DRS
- GKN plc
- HR Smith Group

[Report Description]

Market Overview

The aircraft flight recorder market is anticipated to grow at a CAGR of more than 8% during the forecast period.
- The growing aircraft accidents around the world are generating high demand for new and advanced flight recorders that remain undamaged and uncorrupted to support the investigations of the regulatory bodies.
- The amendments in regulations for the installation of new flight recorders (underwater locating devices and aircraft localization) onboard the aircraft from regulatory bodies like EASA and ICAO are propelling the investments from the companies towards new products aligning to these regulations as well as demand for new recorders from the aircraft OEMs and aircraft operators.
- The advent of digital recorders is propelling the growth of digital Cockpit Voice and Data Recorder (CVDR) as they help in reducing the overall weight of the aircraft.

Scope of the Report

A flight recorder (black box) is an electronic recording device present in an aircraft for assisting the investigation of aviation accidents and incidents. The scope of the study includes various types of flight recorders installed in an aircraft like Flight Data Recorder (FDR), Cockpit Voice Recorder (CVR), and Cockpit Voice and Data Recorders (CVDR). The market study includes all the regulation changes and their effect on the market (civil, commercial, and military sectors) during the forecast period.

Key Market Trends

Civil and Commercial Aviation Segment to Experience the Highest Growth During the Forecast Period

The demand for commercial aviation is increasing at a rapid pace, and the deliveries grew by 59.93% over the 2010 – 2018 period. More than 85% of these deliveries are from aerospace giants, Airbus and Boeing. This growth in orders from airlines all over the world is fueled by the growing passenger traffic globally. With changes in regulations, there will an increase in demand for replacing the existing flight data recorders with the new recording equipment as per the new standards. In addition to this, companies are investing in developing new and advanced flight recorders. For instance, in April 2017, Novega GmbH received European Technical Standard Order (ETSO) from EASA for their SID88, a Long-range Low-Frequency Underwater Locator Device (ULD). This is the first ULD designed and manufactured in Europe that complies with the European Rules for air operations. The updated European rules for air operations require that the transmission time of the ULD (attached to the flight recorders) be extended from 30 days to 90 days by January 2020. Such development of new equipment for the commercial fleet of aircraft is anticipated to propel the growth of this segment during the forecast period.

Asia-Pacific Region is Expected to Generate the Highest Demand During the Forecast Period

The Asia-Pacific region has the highest commercial aircraft fleet, with about 7,441 aircraft in service at the beginning of 2019. The domestic air travel recorded strong growth in the Asia-Pacific region over the past decade particularly in counties like China, India, Japan, Indonesia, and Australia among others. Also, there is an increase in inter-continental traffic in the region, particularly North America, the Middle East, and Europe. Enhance their services and to cater to potential customers, the airlines are improving their connectivity to/from/within the region, resulting in the creation of new flight routes. This has encouraged the procurement of new aircraft and has led to the dissemination of several aircraft orders scheduled for delivery in the near future. The presence of huge existing aircraft fleet along with new aircraft deliveries scheduled for delivery during the forecast period are generating demand new flight recording systems (in compliance with regulation) in the Asia-Pacific region. Also, the growth of military spending of countries in the region is supporting the development and procurement of new generation advanced military aircraft, fueled by the current geopolitical tensions in the countries. Due to the aforementioned reasons, the demand for flight recorders in the Asia-Pacific region is anticipated to grow at the highest growth during the forecast period.

Competitive Landscape

The prominent players in the aircraft flight recorder market are L3Harris Technologies Inc., GE, Curtiss-Wright, Elbit Systems Ltd., and Honeywell International Inc. L3Harris Technologies Inc. provides flight recorders to major aircraft programs in commercial (Airbus aircraft, B737, B767), military (Lockheed Martin F-22 Raptor, Lockheed Martin F-35 Lightning II) and general aviation sectors (Bombardier Global series, Cessna Citation series, Gulfstream G500, Gulfstream G600). Airbus signed an agreement with L3 Technologies in June 2017 to install a fixed crash-protected Cockpit Voice and Data Recorder (CVDR) and an Automatic Deployable Flight Recorder (ADFR) on Airbus’ airliner program like A320, A321LR, A330, A350XWB, and A380. With the changing regulations, the companies must align their product portfolio to the new requirements to gain new contracts to replace recorders present in the current fleet of aircraft. For instance, L3 is developing new aircraft cockpit voice and data recorders that align with the European Aviation Safety Agency’s (EASA) new aircraft voice and data recording mandates. The new SRVIVR25 flight data and cockpit voice recorders are scheduled to receive certification between 2019 and 2020. Such new products are anticipated to support the growth of the company’s presence in the market during the forecast period.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Type
5.1.1 Flight Data Recorder (FDR)
5.1.2 Cockpit Voice Recorder (CVR)
5.1.3 Cockpit Voice and Data Recorder (CVDR)
5.2 End-user
5.2.1 Civil and Commercial Aviation
5.2.2 Military Aviation
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 France
5.3.2.3 Gemany
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Mexico
5.3.4.2 Brazil
5.3.4.3 Rest of Latin America
5.3.5 Middle East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 United Arab Emirates
5.3.5.3 Egypt
5.3.5.4 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 L3Harris Technologies Inc.
6.2.2 GE
6.2.3 Curtiss-Wright
6.2.4 Elbit Systems Ltd.
6.2.5 Honeywell International Inc.
6.2.6 Safran SA
6.2.7 Niron Systems & Projects Ltd.
6.2.8 Leonardo DRS
6.2.9 GKN plc
6.2.10 HR Smith Group

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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