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Aircraft Flight Recorder Market Trends

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

Aircraft Flight Recorder Market Trends

The aircraft flight recorder industry is shifting towards cloud-based solutions and virtual flight data recorders (V-FDRs) to improve data accessibility and security. These systems enable real-time data transmission and storage, enhancing emergency response and investigation processes. The industry prioritizes data integrity and compliance with aviation regulations. Wireless data transmission is becoming common, allowing continuous monitoring of aircraft performance and enabling predictive maintenance. Flight recorders are now integrating with real-time monitoring platforms, providing live insights into flight safety. The market is also developing customized recorders for various aircraft types, including autonomous and electric vehicles. These advancements are set to revolutionize aviation safety and operational efficiency.
 

For instance, In June 2023, CGI won a contract from the European Space Agency's Space Systems for Safety and Security program, backed by the UK Space Agency. CGI will lead a team to create a virtual flight data recorder. This cloud-based system will mimic a traditional "Black Box," securely storing data sent by aircraft during flight. The Universal Virtual Flight Data Recorder will offer quick access to this information during emergencies or accidents. It's designed to work with any aircraft that can send engineering and operational data to the ground.

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.

Aircraft Flight Recorder Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 12
  • Tables & Figures: 160
  • Countries covered: 18
  • Pages: 210
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