1. Market Research
  2. > ICT
  3. > Software Market Trends
Europe Flight Data Monitoring Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component, Solution Type, and End User

Europe Flight Data Monitoring Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component, Solution Type, and End User

  • April 2021
  • 122 pages
  • ID: 6064948
  • Format: PDF
  • The Insight Partners
Up to $1000 off Until Jul 31st 2021

Summary

Table of Contents

Search Inside

The Europe flight data monitoring systems market is expected to grow from US$ 932.68 million in 2020 to US$ 1,544.42 million by 2027; it is estimated to grow at a CAGR of 8.2% from 2020 to 2027. The revenue generation curve for flight data monitoring services is showcasing an upward inclination in the current scenario and is expected to remain the same during the forecast period. The flight data monitoring systems require heavy investments and skilled resources for data collection and analysis. This sometimes pressurizes the fleet operators to cut costs in other areas of investments that are equally important. However, the flight data monitoring activities being one of the key activities, the deferment of the activity is not feasible. Thus, companies operating in the market are offering flight data monitoring services for customers to save their valuable time and expenses. Also, skilled resources are offered by service providers to enhance flight performance and operations. Flight data monitoring services are expanding their geographical reach and offering for the smallest airlines or fleet operators. For instance, in December 2020, Textron Aviation launched new aircraft flight data monitoring service options for Cessna Citation business jet operators. This service improves training, operational efficiency, and customer reliability by transferring the data to one of the data management providers. Customers can select Safran Electronics & Defense’s Cassiopée Flight Data Monitoring solution or L3Harris Technologies’ Flight Data Connect service for comprehensive flight data monitoring capabilities. The increased focus toward service offering can be a new trend in the market which can accelerate the market growth during the forecast period.

Based on solution type, the on board segment led the Europe flight data monitoring systems market in 2020.The airline safety department evaluates the aircraft data recorded on-board in order to scrutinize safety incidences.

The data recorded by the flight data monitoring systems on-board is downloaded and evaluated through numerous techniques and tools.The analysis is then used to establish maintenance schedules, enhance civil aviation operations, train pilots, and modify operational procedures without compromising safety.

The commercial aviation sector is escalating at an exponential rate, thereby driving the orders of numerous aircraft models.Growing demand for aircraft is also propelled by increased international and domestic air travel.

Several manufacturers across the Europe are highly focused on creating a wide-ranging, next-generation aviation system with flexibility and cost-effectiveness. Major aircraft OEMs, such as Airbus and Boeing, are presenting tremendous opportunities to the flight data monitoring systems market players.

The Europe flight data monitoring systems market witnessed decline in the market growth at the first half of 2020 due to COVID-19 outbreak.Countries such as Russia, France, Spain, the UK, and others recorded major count of confirmed cases on daily basis; thus, those countries imposed lockdown.

The flights were suspended for longer period in the first half of 2020, which lowered the demand for flight data monitoring systems.Several countries also stopped their production activities in the aircraft industry, which further lowered the market growth.

For instance, 668 infected persons are found on the French aircraft carrier Charles de Gaulle.As a result, the facility cannot function without proper staff the operations are either being stopped or carried out with limited force.

In addition, a new strain of coronavirus that causes COVID-19 has found in the UK, which spreads at faster rate than previous strain. The crisis has initiated shutdown of air connectivity across the UK and other European countries. The Europe is third largest region in terms of demand for airplanes, which might help the market to recover after pandemic but in current scenario the demand for services and systems in the region is experiencing major decline. Still companies operating in the region are managing to offer flight data monitoring systems solution for domestic and global level but not as per the expected target. Also, the use of robots, data analytics, connected systems, and other advanced tools and software for improved flight performance has emerged owing to the outbreak, which might grab stronger share in the forecast period.

The overall Europe flight data monitoring systems market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the Europe flight data monitoring systems market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe flight data monitoring systems market. Appareo, Curtiss-Wright Corporation, FLYHT Aerospace Solutions Ltd., Honeywell International Inc., L3Harris Technologies Inc., Safran Electronics & Defense, and Teledyne Controls LLC are among the key players operating in the market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off

$3000

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

IT Security Software Markets in China

  • $ 4000
  • July 2021
  • 194 pages

China’s demand for IT Security Software has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed ...

  • China
  • Cybersecurity
  • Software
  • Industry analysis
  • Software Revenue
  • Industrial Production

Software Markets in China $ 4000 June 2021


ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on