According to market research "Cockpit Voice (Black Box), Towed Pinger Locator, Distress Radio Beacons, Flight Data Recorder Market by Application( Commercial, Military, UAV's) by Geography( North America, Latin America, The Middle East, APAC, and Europe)- Forecast and Analysis to 2014 - 2020" The cockpit voice recorder and flight data recorder market is expected to be at $136.74 Million in 2014 and is expected to register a CAGR of 3.22% to reach $166.08 Million by 2020.
This report offers a market analysis of the Cockpit Voice Recorder and Flight Data Recorder Market over the next six years. It offers insights on an overview of the market drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in the cockpit voice recorder and flight data recorder.It
tracks, analyzes, and lays out, the market size of the major spenders in each region .The report also evaluates the market share of cockpit voice recorder, flight data recorder, distress radio beacon, and towed pinger locator through procurement, integration, and maintenance.It provides information of the leading competitors in the cockpit voice recorder and flight data recorder market.
This report provides a market analysis of the cockpit voice recorder (CVR) and flight data recorder (FDR) market over the next six years. It contains an analysis of the market drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends currently prevalent in this market. It offers insights intothe market size of theCVR and FDR market over the next six years and talks about the market share of different sub-sectors for each region.
This report offers a detailed analysis of the CVRs, FDRs, towed pinger locators (TPL), and distress radio beacons (DRB).
The key players in this market include Universal Avionics, L-3 Aviation Recorders, Teledyne Controls, Honeywell Aerospace, and Techtest.
This market research report categorizes the global market on the basis of product, application, geography, forecast revenues, and market share in each of the sub-sectors.The market is segmented into its application in the commercial and military aircraft application. The report provides a market forecast for the CVRs, FDRs, TPRs, and DRBs markets. The market size of these products is also calculated with respect to each region.
It also provides details on their financial positions, key products, their unique selling points, and key developments.This research report also segments the market on the basis of application, region, country, forecasting revenues, market share, and analyzing trends in each of the sub-sectors.
North America and Europe have been the biggest markets for cockpit voice recorder. In the recent economic scenario, defense budget cuts have cause turbulence in these markets. Emerging economies such as China and India look more attractive given thenewer opportunities in the CVR and FDR market.
Key markets such as Russia, China, India, and Japan are expected to drive growth in the market. China remains a tough market to crack,owing to strict government regulations in the defense sector, indigenous programs, copyright issues with respect to military applications, and use of technology.
While designing a cockpit voice recorder unit, decisions must be made to map various parts of the information hierarchy to user actions. Mapping hierarchy information to CVR and FDR will be one of the major challenges of this market.
The market will unlock the growth potential in avionics, as everything from flight control inputs, throttle movement, speed and altitude; to GPS location, engine RPM, oil pressure, and system warnings have been captured.International and domestic carriers will continue to demand more airplanes, owing toto improved technology and expansion in Asia. With newer airplanes, and more data voice recorders manufactured by the industry will be in higher demand.
A competitive landscape to identify key players and their market share has also been described in this report. Strategic profiling of key players of the cockpit voice recorder and flight data recordermarket, along with a comprehensive analysis of their recent developments, investments, and core competencies in each segment have been identified.
The major players in this market include Universal Avionics, L-3 Aviation Recorders, Teledyne Controls, Honeywell Aerospace, and Techtest.
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