Flight Data Monitoring Systems Market Size, Share, Outlook By 2027

Flight Data Monitoring Systems Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Component (Hardware, Software, and Services), Solution Type (On Board and Ground), and End User (Fleet Operators, Drone Operators, and Investigation Agencies), Geography

Publication Month : Mar 2021

  • Report Code : TIPAD100001337
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 156
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The flight data monitoring systems market was valued at US$ 3,848.38 million in 2019  and is projected to reach US$ 5,987.90 million by 2027; it is expected to grow at a CAGR of 7.2% during 2020–2027.  

The global aviation sector is experiencing significant growth in air traffic volume in terms of passenger count and aircraft fleet. This is mainly due to increase in business and leisure travel as a result of higher disposable income. In addition to passenger air travel, the cargo air fleet volume is consistently rising in developed and developing countries. The constantly growing aircraft fleet volume year-on-year has been leading the aircraft operators to invest in in-flight data monitoring systems. The fleet operators are increasingly accelerating the procurement of flight data monitoring systems and software. FDM systems collect the occurrence data of the flight for fleet operators that helps identify and assess the risk. The collected information is benefiting operators in managing operations, fuel efficiency, risk management, and adherence to standard operating procedures. The quality assurance personnel and maintenance technicians are using the FDM to enhance safety and operational efficiency while managing the fleet. Ensuring safety in flight has utmost importance in the aviation industry owing to which the demand for FDM is surging with increasing aircraft deliveries. The flight data monitoring systems market growth can be attributed to increasing air traffic in developing economies, rising production of commercial aircraft, and increasing use of data analytics in flight operations. The biggest giants in the aerospace industry such as Airbus and Boeing are highly involved in the production of commercial aircraft. They design, manufacture, and sell commercial aircraft along with fleet support services, primarily to the commercial airline industry worldwide. The Boeing family of commercial jet aircraft consists of 737 narrow-body models and 747, 767, 777, and 787 wide-body models. As of March 31, 2020, Boeing produced 10,000 737 commercial jets, which is the first jet to reach this landmark. Rising inclination toward flight safety operations, increasing number of flight data monitoring system and service providers, and surging volumes of aircraft fleet are the key factors boosting the flight data monitoring systems market growth.

Impact of COVID-19 Pandemic on Flight Data Monitoring Systems Market

The flight data monitoring systems market in North America suffered huge economic loss in the first half of 2020 owing to the high number of COVID-19 positive cases, specifically in the US. The economic growth has lowered, which delayed the ongoing projects of commercial and defense upgradation. The US is one of the major exporters of aircraft but owing to disrupted supply chain and lowering economic conditions of importing countries, the export revenue is lowered. Enhancing trade relation to support international supply post lockdown helped market to regain its position. The limiting strength of workforce due to physical distancing model hampered the production activities in the US. The demand for aircraft is lowered, which created severe impact on the aircraft manufacturing companies. For instance, Boeing company expected lower demand from market than their previous prediction amid COVID-19 outbreak. The pandemic has lowered their expectation. In new report, Boeing predicted 11% drop in demand from its forecast a year ago. Such lowering demand and sale of aircraft have direct impact on the adoption of flight data monitoring systems and services, which hindered the market growth.

Lucrative Regions in Flight Data Monitoring Systems Market

Lucrative Regions in Flight Data Monitoring Systems Market
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Market Insights–Flight Data Monitoring Systems Market

Growing Demand for Flight Safety Fuels Market Growth

The aviation industry is witnessing a huge adoption of data analysis, owing to rising integration of blockchain, Internet of Things (IoT), augmented reality (AR), artificial intelligence (AI), and big data analytics. The advanced software integration in aircraft systems is boosting aircraft performance and safety and reducing maintenance costs. The predictive analysis performed using flight data is helping aircraft operators to improve the safety of flight operations. The enhanced storage capacity of the hardware and integration of advanced software tools are boosting the FDM systems performance. The insightful data achieved through flight monitoring devices helps aircraft operators improve operational efficiency and safety, and reduce maintenance costs. The data would allow the operators to identify areas of operational risk by highlighting occurrences of non-standard, unusual, or unsafe circumstances. Thus, with the help of this data, preventive actions can be taken to mitigate the risk of unsafe events.

The demand for FDM is supposed to escalate during the forecast period with rising importance for data analytics in the aviation industry. For instance, in October 2020, Uber Elevate, an urban air mobility project of Uber air, selected GE Aviation to develop a flight data monitoring program for eVTOL (electric vertical takeoff and landing) ridesharing service. The service is expected to be launched in 2023 but the voluntary deployment of FDM in the eVTOL highlights the importance of flight safety and data solutions. Further, rising count of fatal aircraft accidents is mounting the demand of FDM for early problem detections. For instance, according to the US Helicopter Safety Team (USHST), there have been 12 fatal accidents in 2018 compared to 10 accidents for the same period in 2017. This increasing number of accidents can be countered by safety flight practices, which include FDM. The flight data monitoring system is transforming airlines from reactive mode to proactive mode, thereby augmenting the market growth.

Component -Based Insights

Based on component, the flight data monitoring systems market is segmented into hardware, software, and services. The hardware segment led the market in 2019. The flight data monitoring hardware delivers efficient data to prevent accidents and incidents. Reduction in flight accidents saves material losses and insurance cost. The system has tremendous potential for investigating root causes and risk levels related to human errors, enabling early identification of human factors risks.  

Flight Data Monitoring Systems Market, by Component (% Share)

Flight Data Monitoring Systems Market, by Component (% Share)
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Solution Type -Based Insights

The flight data monitoring systems market, based on solution type, is bifurcated into on-board and ground. Flight data monitoring systems gather and analyze aircraft operational parameters, which are recorded on-board and on ground. This is attained with data acquisition, storage hardware, and post-flight data analysis software. The information produced from flight data monitoring is used to enhance operational efficiency and safety, and mitigate maintenance costs.

End User -Based Insights

The flight data monitoring systems market, based on end user, is segmented into fleet operators, drone operators, and investigation agencies. The fleet operators segment led the market in 2019. The flight data monitoring system is a robust tool for a fleet operator to monitor and enhance its operational safety. As per the European Union Aviation Safety Agency (EASA), the system is highly required for massive aircraft with ~27,000 kg take-off mass. The system has also been proven beneficial for fleet operators of lighter aircraft and helicopter operators. It is a crucial part of a management system for a fleet operator, and acts as a major data source for monitoring the operational safety level.

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Flight Data Monitoring Systems Market: Strategic Insights

flight-data-monitoring-systems-market
Market Size Value inUS$ 3,848.38 million in 2019
Market Size Value byUS$ 5,987.90 Million by 2027
Growth rateCAGR of 7.2% from 2020 to 2027
Forecast Period2020-2027
Base Year2020
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Players operating in the flight data monitoring systems market are mainly focusing on the development of advanced and efficient products.

  • In 2020, L3Harris Technologies is offering flight data analysis services for all AReS II-equipped Cessna Citation CJ4 jets, manufactured by Textron Aviation Inc.
  • In 2021, The Appareo is providing the aircraft communication units (ACUs) for the Bell 407GXi and Bell 429 helicopters.

The global flight data monitoring systems market has been segmented as follows:

Flight Data Monitoring Systems Market– by Component

  • Hardware
  • Software
  • Services

Flight Data Monitoring Systems Market– by Solution Type

  • On-board
  • Ground


Flight Data Monitoring Systems Market– by End User

  • Fleet Operators
  • Drone Operators
  • Investigation Agencies


Flight Data Monitoring Systems Market–by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Flight Data Monitoring Systems Market–Company Profiles

  • Appareo
  • Curtiss-Wright Corporation
  • FLYHT Aerospace Solutions Ltd
  • Guardian Mobility
  • Honeywell International Inc.
  • L3Harris Technologies, Inc.
  • Safran Electronics & Defense
  • Scaled Analytics Inc.
  • SKYTRAC SYSTEMS LTD
  • Teledyne Controls LLC
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component , Solution Type , and End User , Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which region led the flight data monitoring systems market in 2019?

The North America region led the flight data monitoring systems market in 2019. Major aircraft manufacturers in the region include Airbus, Boeing, Lockheed Martin, Northrop Grumman, GE Aviation, and Raytheon Technologies. Aircraft of these manufacturers are highly integrated with flight data monitoring systems. Commercial aviation has surged in the region due to increase in international and domestic air travel passengers, substantial growth in GDP, technological advancements, and rise in tourism; thus, it is propelling the demand for commercial aircraft. Major airlines in the region include Delta Airlines, Southwest Airlines, and United Airlines, which procure flight data monitoring systems by vendors to avoid any potential risks.

Which factor is driving the flight data monitoring systems market?

Rising inclination toward flight safety operations, increasing number of flight data monitoring system and service providers, and surging aircraft fleet volumes are the key factors boosting the flight data monitoring systems market growth.

Which component led the flight data monitoring systems market?

The hardware is the leading component in the market. The flight data monitoring system delivers efficient data to prevent accidents and incidents. Reduction in flight accidents saves material losses and insurance cost. The system has tremendous potential for investigating root causes and risk levels related to human errors, enabling early identification of human factors risks.

The List of Companies - Flight Data Monitoring Systems Market

  1. L3Harris Technologies Inc.
  2. Appareo
  3. FLYHT Aerospace Solutions Ltd.
  4. Honeywell International Inc.
  5. Curtiss-Wright Corporation
  6. Guardian Mobility
  7. Safran Electronics & Defense
  8. Scaled Analytics Inc.
  9. Skytrac Systems Ltd.
  10. Teledyne Controls LLC

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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