Rapid rise in modernization of aircrafts, leading to increase in number of data and voice recorders orders from the aircraft manufacturers, results in growth of the market for aerospace data recorders. The growth rate of the market is estimated to grow at

by Sameer Joshi or 31-Oct-2017

The " Aerospace Data Recorders Market to 2025 by Types (Cockpit Voice Recorder, Flight Data Recorder, Data Loggers and Quick Access Recorder) and Application (Commercial Aircraft, Military Aircraft) - Global Analysis and Forecast" The scope of study involves understanding on the factors responsible for this growth of aerospace data recorders market along with the estimates and forecasts of the revenue and market share analysis and also lists the significant aerospace data recorders players in the market and their key developments.

Aerospace Data Recorders Market to 2025 - Global Analysis and Forecast by Types and Application. Aerospace Data Recorders market is expected to grow to US$ 2379.5 million by 2025 from US$ 1460.9 million in 2016. The aircraft manufacturers across the globe are experiencing a huge demand for modernization of aircrafts from commercial aviation as well as defense forces. The increasing demand for new technologies in the commercial aircrafts, is leading the commercial airlines to integrate the aircrafts with robust technologies in order to meet the demand of rising passenger traffic. Moreover, the increasing air accidents are also increasing the demand for advanced data and voice recorders which facilitates in easy investigation during any accident or incident of an aircraft.

On the other hand, defense forces across the globe are strengthening their forces in order to combat any situations. Similarly, the forces are also conducting modernization practices of their aircrafts with advanced technologies in order to equip their aircrafts with enhanced systems and technologies. The modernization of military aircrafts includes upgrading or retrofitting of data recorders and voice recorders, which facilitates in gathering information regarding the aircrafts and also during any aircraft accident.

The global aerospace data recorders market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. North America region held the largest market share in the global aerospace data recorders market in 2016, followed by Europe. US being key investor in North American region led the aerospace data recorders market in 2016 and is also estimated to retain its dominance during the forecast period from 2017 to 2025. The key players profiled in the report are L-3 Technologies Inc., RUAG AG, AstroNova Inc., Universal Avionics Systems Corporation, Honeywell International Inc., Curtiss-Wright Defense Solutions, MadgeTech Inc., Leonardo DRS, Teledyne Technologies Inc., and FLYHT Aerospace Solutions among others.

The report segments the global Aerospace Data Recorders market as follows:

Global Aerospace Data Recorders Market - By Systems
Cockpit Voice Recorder
Flight Data Recorder
Data Logger
Quick Access Recorder

Global Aerospace Data Recorders Market - By Application
Commercial Aircraft
Military Aircraft

Global Aerospace Data Recorders Market - By Geography

North America
Rest of Europe
Asia Pacific (APAC)
Rest of Asia Pacific
Middle East & Africa (MEA)
Saudi Arabia
South Africa
Rest of Middle East and Africa
South America (SAM)
Rest of South America