A flight data recorder is an electronic device placed within an aircraft with the purpose of facilitating the inquiry into aviation mishaps and emergencies. Referred to colloquially as a "black box" in the Asia-Pacific aviation sector, the flight data recorder comes in two variants aboard an aircraft. The first records various parameters to encapsulate the recent history of the flight, stored within the box. The second variant is the cockpit voice recorder, which retains audio data from the cockpit including pilot conversations, providing insights into the ongoing situation.
 
According to a study conducted by Data Bridge Market Research, the flight data recorder market in the Asia-Pacific region is projected to attain a worth of USD 569,382.53 thousand by the year 2030. This growth is anticipated to transpire at a Compound Annual Growth Rate (CAGR) of 4.4% throughout the forecast duration.
 
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Market Definition:
 
A flight data recorder is an electronic device placed within an aircraft to facilitate the analysis of aviation incidents and accidents. Within the Asia-Pacific industry, this device is colloquially referred to as the "black box," though this term can be misleading. Aircraft are equipped with two distinct types of flight recorders. The first is the flight data recorder, responsible for capturing a range of parameters stored within the device. Concurrently, the second recorder is the cockpit voice recorder, tasked with preserving audio data from the cockpit, including pilot conversations.
 
Some of the major players operating in the Asia-Pacific flight data recorder market are:
 
  • Elbit Systems Ltd.
  • Raytheon Technologies Corporation
  • Safran
  • Honeywell International Inc.
  • GENERAL ELECTRIC
  • Leonardo DRS
  • L3Harris Technologies, Inc.
  • Curtiss-Wright Corporation
  • Teledyne Controls LLC
  • AstroNova, Inc.
  • SECO S.p.a.
  • FLIGHT DATA SYSTEMS
  • AERTEC
  • SLN Technologies
  • AMETEK Inc.
  • Flight Data Vision
  • HR Smith Group of Companies
  • FLYHT Aerospace Solutions Ltd.
  • Aversan Inc.
  • Latitude Technologies Corporation
  • LX navigation d.o.o.
  • niron-sys
 
Recent Developments:
 
  • In November 2022, Leonardo DRS announced the merger closing of RADA Electronic Industries Ltd. This merger will help the company to become a combined public company. This will help the company to enhance its business expansion and be aligned with fast growing segments of the U.S. Department of Defense ("DoD") which will support its revenue growth.
  • In June 2022, Safran announced a joint investment of about USD 6.32 thousand with Sintermat. This investment will help the company to enhance the business through the technology to support airplane and helicopters, which will enhance the product portfolio and attracts new customers to strengthen the market share for the company
 
Asia-Pacific Flight Data Recorder Market Scope:
 
Asia-Pacific flight data recorder market is segmented into nine notable segments based on type, components, aircraft type, function, recording time, installation type, platforms, media, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
 
By Type:
 
  • Flight Data Recorder (FDR)
  • Cockpit Voice Recorder (CVR)
  • Quick Access Recorder (QAR)
On the basis of type, the market is segmented into Flight Data Recorder (FDR), Cockpit Voice Recorder (CVR) and Quick Access Recorder (QAR).
 
By Component:
 
  • Memory Unit
  • Electronic Controller Board
  • Input Devices
  • Power Supply
  • Signal Beacon
  • Others
On the basis of component, the market is segmented into memory unit, electronic controller board, input devices, power supply, signal beacon, and others.
 
Aircraft Type:
 
  • Narrow Body
  • Wide Body
  • Rotorcrafts
  • Business Jets
  • Turboprop
  • Others
On the basis of aircraft type, the market is segmented into narrow body, wide body, rotorcrafts business jets, turboprop, and others.
 
Function:
 
  • Parametric Flight Data
  • Record Flight Crew Audio
  • Data Link Communication
  • Others
On the basis of function, the market is segmented into parametric flight data, record flight crew, audio, data link communication, and others.
 
Recording Time:
 
  • Above 20 Hours
  • 2 – 20 Hours
  • Up to 2 Hours
On the basis of recording time, the market is segmented into above 20 hours, 2 – 20 hours, and up to 2 hours.
 
Installation Type:
 
  • New Installation
  • Retrofit
On the basis of installation type, the market is segmented into new installation and retrofit.
 
Platform:
 
  • Manned Aerial
  • Unmanned Aerial
On the basis of platform, the market is segmented into manned aerial and unmanned aerial.
 
Recording Media:
 
  • Solid State Flight Recorder
  • Magnetic Tape
On the basis of recording media, the market is segmented into solid state flight recorder and magnetic tape.
 
End User:
 
  • Civil & Commercial Aircraft
  • Military Aircraft
  • Helicopter
On the basis of end user, the market is segmented into civil & commercial aircraft, military aircraft, and helicopter.
 
 
Asia-Pacific Flight Data Recorder Market Regional Analysis/Insights:
 
Asia-Pacific flight data recorder market is analysed, and market size insights and trends are provided by region, type, components, aircraft type, function, recording time, installation type, platforms, media, and end user as referenced above.
 
The countries covered in the Asia-Pacific flight data recorder market report are China, Japan, India, South Korea, Australia, Indonesia, Singapore, Malaysia, Taiwan, Thailand, New Zealand, Philippines, Vietnam, and rest of Asia-Pacific.
 
China dominates ly as the growing population increases the demand for trading and e-commerce deliveries across many countries.
 
The region section of the report also provides individual market-impacting factors and market regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data. 
 
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Data Bridge Market Research:
 
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
 
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