The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the flight data monitoring market?
The increased air transportation activity is expected to propel the growth of the flight data monitoring market going forward. The air transportation activity increases due to its pivotal role in economic growth, connectivity, job creation, tourism promotion, and infrastructural development at national and international levels. Flight data monitoring systems help airlines demonstrate compliance with regulatory requirements and industry standards by capturing, analyzing, and reporting flight data as mandated by aviation authorities. This ensures adherence to safety regulations, facilitates regulatory audits, and promotes transparency and accountability in air transportation activities. For instance, in March 2023, according to the Bureau of Transportation Statistics Report, a US-based government office that collects, analyses, and publishes information on the nation’s transportation systems, in 2022, US airlines transported 853 million passengers (unadjusted), up from 658 million in 2021. Therefore, the increased air transportation activity is driving the growth of the flight data monitoring market.
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How has the flight data monitoring market size evolved, and what are the latest forecasts for its expansion?
The flight data monitoring market size has grown strongly in recent years. It will grow from $6.01 billion in 2024 to $6.6 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to increasing air passenger traffic and subsequent, increase in the number of aircraft, increasing safety standards, regulatory norms by government bodies, growing requirement for aviation safety, rising volume of data generated by the aviation industry.
The flight data monitoring market size is expected to see strong growth in the next few years. It will grow to $9.45 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increased air transportation activity, growing importance of safety in the aviation industry, rising demand for efficient aircraft maintenance, increasing demand for real-time data, increasing demand for cost-effective flight data analysis. Major trends in the forecast period include adoption of artificial intelligence and machine learning, advancing commercial aircraft industry, growing need for real-time monitoring, integration of data analytics, technological advancements in data analytics.
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Which major companies dominate the flight data monitoring market?
Major companies operating in the flight data monitoring market are Honeywell International Inc., Safran SA, L3 Harris Technology Inc., Leonardo S.p.A., Teledyne Technologies Incorporated, Curtiss-Wright Corporation, FlightSafety International Inc., NeST Aerospace Pvt. Ltd., NSE Groupe, SkyTrac Systems Ltd., Flight Data Systems Pty. Ltd., Metro Aviation Inc., Guardian Mobility Corporation, FLYHT Aerospace Solutions Ltd., AeroVision International LLC, Scaled Analytics Inc., Flight Data Services Ltd., Aerobytes Ltd., Flight Data People, Helinalysis Ltd., Hi-Fly Marketing, Aerosight Technologies Private Limited, Ergoss Logiciels Sàrl, Truth Data Insights (Holdings) Limited, SAGEM SA
What trends will shape the future of the flexographic printing technology market?
Major companies operating in the flight data monitoring market are developing advanced solutions such as flight data acquisition interface units (FDAIU) to enhance data acquisition capabilities and ensure compatibility with modern recording systems in the aviation industry. FDAIU plays a crucial role in collecting, sampling, conditioning, and digitizing analog signals representing aircraft functions to enhance data acquisition capabilities within the aviation industry. For instance, in March 2022, Flight Data Systems Pty. Ltd., a US-based company that provides flight data solutions, launched the flight data acquisition interface unit (FDAIU). This innovative solution enables operators to upgrade outdated FDRs with Flight Data Systems’ SENTRY series of recorders, efficiently modernizing flight data recording systems. This retrofit solution offers a cost-effective way for operators to modernize their flight data recording systems, contributing to enhanced data collection and analysis functionalities within the flight data monitoring sector.
Which region dominates the flight data monitoring market, and what factors contribute to its leadership?
North America was the largest region in the flight data monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flight data monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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How is the flight data monitoring market segmented, and which segment holds the largest share?
The flight data monitoring market covered in this report is segmented –
1) By Component: Flight Data Monitoring (FDM) Service, Flight Data Monitoring (FDM) Software, Flight Data Monitoring (FDM) System
2) By Solution: Onboard, On-Ground
3) By End-User: Fleet Operators, Drone Operators, Flight Data Monitoring (FDM) Service Providers, Investigating Agencies
Subsegments:
1) By Flight Data Monitoring (Fdm) Service: Real-Time Monitoring Services, Post-Flight Data Analysis, Predictive Maintenance Services
2) By Flight Data Monitoring (Fdm) Software: Data Collection And Analysis Software, Reporting And Visualization Software, Alert And Notification Software
3) By Flight Data Monitoring (Fdm) System: Ground-Based Systems, Aircraft-Based Systems, Integrated Fdm Systems
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What defines the structure and scope of the flight data monitoring market?
Flight data monitoring (FDM), also known as flight operational quality assurance (FOQA), is a safety management tool used in the aviation industry for capturing, analyzing, and visualizing data generated by an aircraft as it travels from one location to another. This procedure requires collecting flight data to develop solutions to improve flight safety and operational efficiency in the aviation sector.
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