By Equipment Type (Flight Data Recorder (FDR), Cockpit Voice Recorder (CVR), Cockpit Voice & Data Recorder, Data Transfer Units, Quick Access Recorder), By Aircraft Type (Commercial, Passenger Aircraf... ... l, Passenger Aircrafts, Cargo Jets, Helicopters), Military Aircrafts (Fighter Jets, Cargo Jets, Helicopters, Others (Drones, Special Mission Aircraft), By Region (North America, South America, Europe, Middle East and Africa, Asia-Pacific), By Company (Curtiss-Wright Corporation, Collins Aerospace, L3Harris Technologies, Inc., Honeywell International Inc., Leonardo DRS, GE Aviation, Elbit Systems, Safran S.A., Niron Systems & Projects, ACR Electronics Inc., Aviatech LLC, Others) Read more
- Aerospace & Defense
- Apr 2022
- 208
- PDF, Excel, PPT
Market Definition
Aviation Digital Storage refers to the record of conversations between pilot and air traffic control along with other the details such as operational behavior of various aircraft components, atmosphere, etc. Such data is generally stored in cockpit voice recorder (CVR), the flight data recorder (FDR), and the quick access recorder (QAR). However, flight data recorder (FDR) remains the key component. Flight Recorder is also known as black box and comprise of flight data recorder and cockpit voice recorder. The data collected by the flight data recorders and cockpit voice recorders are utilized in case of any accident for investigation purpose.
Market Insights
The Global Aviation Digital Storage market is projected to grow at a CAGR of around 2.5% during the forecast period, 2022-27. The Global Aviation Digital Storage market recorded substantial growth during 2017-2019 on account of the mandatory installation of storage equipment such as flight data recorders, the cockpit voice recorder, etc., to facilitate investigation in case of an accident. In 2019, a Lion Air jet’s cockpit voice recorder was found, which crashed into the Java Sea 2018.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR(2022-27) | 2.5% |
| Regions Covered | North America: The US, Canada, Mexico |
| Europe: Germany, The UK, France, Russia, Spain | |
| Asia-Pacific: China, Japan, India, South Korea, | |
| South America: Brazil | |
| Middle East & Africa: Israel, Saudi Arabia, South Africa, UAE, | |
| Key Companies Profiled |
Curtiss-Wright Corporation, Collins Aerospace, L3Harris Technologies, Inc., Honeywell International Inc., Leonardo DRS, GE Aviation, Elbit Systems, Safran S.A., Niron Systems & Projects, ACR Electronics Inc., Aviatech LLC, Others |
| Unit Denominations | USD Million/Billion |
Moreover, the missing cockpit voice recorder of Airbus A320 aircraft was found in 2020, which was a vital information provider for the evidence. Additionally, military aircraft purchases around the world have increased due to rapidly changing geopolitics, security concerns, and a growing demand to purchase combat, transport, and surveillance aircraft. Besides, Asia-Pacific, the Middle East, and North America have been the major spenders in the segment. Hence, the rising orders for military aircraft across the globe have positively impacted the requirement for digital storage devices. The market experienced a decline in 2020 on account of the outbreak of COVID-19, which led to delays & cancellation of aircraft orders and a reduction in the fleet. Besides, the implementation of travel restrictions around the globe led to several companies cutting the demand for new aircraft.
- Introduction
- Research Process
- Assumption
- Market Segmentation
- Market Definition
- Executive Summary
- Impact of COVID-19 on Global Aviation Digital Storage Market
- Global Aviation Digital Storage Market Trends & Insights
- Global Aviation Digital Storage Market Dynamics
- Growth Drivers
- Challenges
- Global Aviation Digital Storage Market Regulations & Policies
- Global Aviation Digital Storage Market Hotspot and Opportunities
- Global Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues (USD Million)
- Market Share and Analysis
- By Equipment Type
- Flight Data Recorder (FDR)
- Cockpit Voice Recorder (CVR)
- Cockpit Voice & Data Recorder
- Data Transfer Units
- Quick Access Recorder
- By Aircraft Type
- Commercial
- Passenger Aircrafts
- Cargo Jets
- Helicopters
- Military Aircrafts
- Fighter Jets
- Cargo Jets
- Helicopters
- Others (Drones, Special Mission Aircraft)
- Commercial
- By Region
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
- By Company
- Competition Characteristics
- Revenue Shares
- By Equipment Type
- Market Size and Analysis
- North America Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Equipment Type
- By Aircraft Type
- By Country
- The US
- Canada
- Mexico
- The US Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Canada Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Mexico Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Market Size and Analysis
- South America Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Equipment Type
- By Aircraft Type
- By Country
- Brazil
- Others
- Brazil Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Market Size and Analysis
- Europe Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Equipment Type
- By Aircraft Type
- By Country
- The UK
- Germany
- France
- Spain
- Russia
- Others
- The UK Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Germany Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- France Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Spain Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Russia Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Market Size and Analysis
- Middle East & Africa Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Equipment Type
- By Aircraft Type
- By Country
- Saudi Arabia
- UAE
- Israel
- South Africa
- Others
- Saudi Arabia Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- UAE Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Israel Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- South Africa Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Market Size and Analysis
- Asia Pacific Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Equipment Type
- By Aircraft Type
- By Country
- China
- India
- Japan
- South Korea
- Others
- China Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- India Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Japan Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- South Korea Aviation Digital Storage Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues
- Market Share and Analysis
- By Aircraft Type
- Market Size and Analysis
- Market Size and Analysis
- Global Aviation Digital Storage Market Key Strategic Imperatives for Success and Growth
- Competitive Outlook
- Competition Matrix
- Application Portfolio
- Brand Specialization
- Target Markets
- Target Applications
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles (Business Description, Application Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- Curtiss-Wright Corporation
- Collins Aerospace
- L3Harris Technologies, Inc.
- Honeywell International Inc.
- Leonardo DRS
- GE Aviation
- Elbit Systems
- Safran S.A.
- Niron Systems & Projects
- ACR Electronics Inc.
- Aviatech LLC
- Others
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making