Asia Pacific Flight Inspection Market Size, Share, and Analysis by 2027

The APAC flight inspection market is expected to grow from US$ 836.49 million in 2020 to US$ 1,608.64 million by 2027; it is estimated to grow at a CAGR of 9.8% from 2020 to 2027.  

The unmanned aerial vehicles (UAVs) have been showcasing tremendous benefits across industries for various applications across the region. Witnessing the importance of flight inspection over the years, several UAV manufacturers are eyeing on introducing and facilitating airport authorities and flight inspection service providers to gain benefit by using UAVs. Canard Drones Ltd., a drone manufacturer, is among the forerunners in developing and commercializing drones for flight inspection and inspection activities. The company anticipates that the use of drones would revolutionize the flight inspection activities by shortening the time required to conduct routine inspections at lower cost. As drones are much smaller in size and have lesser capability to carry payload than aircraft, flight inspection equipment manufacturers are expected to introduce compact, lightweight, and powerful systems that can be installed on the UAVs to conduct flight inspection. Thus, innovation in the field of small, lightweight flight inspection equipment for drones is also foreseen to catalyze the flight inspection market in the forthcoming years. Moreover, the flight inspection governing authorities are emphasizing on modifying the requisites of the flight inspection procedures to conduct UAV-based flight inspection (UFIS). The modifications would benefit the airport authorities and flight inspection service providers, which is, in turn, anticipated to propel the growth of the APAC flight inspection market.      In case of COVID-19, APAC is highly affected specially India. The COVID-19 which emerged in China and has affected several nearing countries such as South Korea, India, and others. The countries such as China, India, South Korea, Japan, and others increasingly moving towards the advancement of the commercial and defense aircraft industry. The COVID-19 has minimal impact on the market comparing to other nations such as rising production activities and demand for aircraft even in pandemic situation has supported market growth. Further, countries such as China, and Japan increased their aircraft fleet owing to rising domestic and international flights. The country has upgraded their flight inspection operations by adopting new flight inspection aircraft. In governments of various countries also supported the smaller local air carriers to mitigate the COVID-19 impact which helped market to sustain the growth. For instance, government of South Korea has announced the financial support up to US$269 million or smaller local air carriers. In addition, the government also provided the US$2.7 billion support to Asiana Airlines and Korean Air to stabilize the liquidity of both airlines.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC flight inspection market. The APAC flight inspection market is expected to grow at a good CAGR during the forecast period.     

APAC Flight Inspection Market Revenue and Forecast to 2027 (US$ Million)

 

APAC Flight Inspection Market Segmentation

APAC Flight Inspection Market – By Solution 

• System
  • Fixed System
  • Mobile System
  • Ground-based System
• Services
  • Routine Services
  • Commissioning Services
  • Special Services

APAC Flight Inspection Market – By End User

• Defense Airport
• Commercial Airport

APAC Flight Inspection Market, by Country

• Australia
• China
• India     
• Japan
• South Korea
• Rest of APAC

APAC Flight Inspection Market - Companies Mentioned

• Aerodata AG
• Airfield Technology, Inc.
• Bombardier Inc.
• ENAV S.p.A. 
• Norwegian Special Mission AS      
• Radiola Limited
• Rohde & Schwarz GmbH & Co.    
• Safran S.A  
• Textron Inc.

Asia Pacific Flight Inspection Report Scope