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Aircraft Flight Recorder Market Share

Report ID: GMI12319
Published Date: Nov 2024
Report Format: PDF

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Aircraft Flight Recorder Market Share

The aircraft flight recorder industry is highly competitive, with key players like Safran, L3Harris Technologies, Curtiss-Wright, and Elbit Systems vying for dominance. These companies are driven by technological progress, strict regulations, and the need for enhanced safety. They focus on creating reliable recording systems that meet safety standards while offering advanced features such as real-time data transmission and increased storage capacity. The market is shaped by partnerships, government contracts, and acquisitions as firms expand their offerings and global presence. Companies invest heavily in R&D to stay ahead, developing technologies for predictive maintenance and integration with broader flight monitoring systems. This competitive landscape fosters innovation, with firms balancing product performance and cost-effectiveness to gain an edge.

Aircraft Flight Recorder Market Companies

Major players operating in the aircraft flight recorder industry are:

Aversan
Curtiss-Wright
Elbit Systems
Flight Data Systems
General Electric
Honeywell
L3Harris Technologies
Leonardo
Mercury Systems
Niron MS Systems and Projects
Safran
UAV Navigation

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for aircraft flight recorder was valued at USD 112.7 million in 2024 and is projected to reach USD 196 million by 2034, driven by a CAGR of 5.9% from 2025 to 2034.

Civil and commercial aviation held over 55% of the market share in 2024 and is expected to grow significantly, driven by the ongoing evolution of aviation safety regulations.

The North America market is expected to exceed USD 75 million by 2034, driven by advancements in wireless data retrieval and the rise of autonomous and electric aircraft.

Major players in the industry include Aversan, Curtiss-Wright, Elbit Systems, Flight Data Systems, General Electric, Honeywell, and L3Harris Technologies.