Uploaded on Jun 8, 2020
Flight data monitoring and analysis (FDMA) is the process of analyzing recorded flight data, in order to enhance the safety and maintenance of flight operations. Currently, apart from using for safer flight operations, flight data monitoring and analysis is used for enhancing flight crew performance, maintenance areas of a fleet operator, air carrier training programs and operating programs, air traffic control procedures, and aircraft operations and design to run a successful aviation organization. FDMA offers various advantages including improved fuel consumption, reduction in fatal accidents, minimized unnecessary maintenance & repairs, and augmented pilot training programs. The global flight data monitoring and analysis market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global flight data monitoring and analysis market is estimated to account for US$ 881.31 Mn in 2019 and is expected to grow at a CAGR of 10.4 % over the forecasted period 2020-27. Get Sample Copy now @ https://www.coherentmarketinsights.com/insight/request-sample/3776 Major companies involved in the global flight data monitoring and analysis market are Flight Data Services Ltd, Safran Electronics & Defense, Scaled Analytics Inc., NeST Aerospace Pvt Ltd, FlightDataPeople, Aerobytes Ltd, Helinalysis Ltd, Curtiss-Wright Corporation, French Flight Safety, Teledyne Controls LLC, Guardian Mobility Corporation, Metro Aviation, and Hi-Fly Marketing. Market Trends 1. Enhancing fuel efficiency in commercial air transport with FDM Apart from enhanced safety and maintenance, FDM can help in monitoring fuel consumption for improved flight efficiency, which in turn, reduces maintenance cost. Since fuel prices have reached over US$ 8.0/gallon in the recent past, fuel efficiency has become an important factor for airlines. According to a report by the International Helicopter Safety Team in 2007, FDM solutions improve long-term engine performance and fuel economy. Moreover, according to the report in 2016 by General Aviation Joint Steering Committee (GAJSC), the considerable number of general aviation power failures occur due to inadequate engine maintenance and therefore flight data monitoring is being used to forecast system issues prior to their point of failure. 2. Rising safety awareness in general aviation According to the National Transportation Safety Board (NTSB), general aviation has the highest accident rate every year within civil aviation. In majority of cases, improper pilot training to fly safely, weather conditions, and the pilot’s incorrect decisions are reasons for the accidents. According to a factsheet in 2016 by FAA, FAA and the airline industry is working together to develop safety strategies and reduce number of fatalities in general aviation through FDM solutions. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/3776 Market Opportunities 1. Implementation of wireless technology for aircraft maintenance solutions can present lucrative growth opportunities Many aviation authorities such as EASA, ICAO, FAA, and the U.K. CAA are supporting the implementation of FQQA programs, in order to enhance overall safety and maintenance of aircraft operations. Wireless technologies that have a central server onboard and can be downloaded using tablets or other mobile devices are increasingly used for flight data monitoring and analysis solutions. Moreover, data-enabled flight decks offer significant consistency to a back-office assessment of the FQQA information, which in turn, provides higher cost-efficiency and productivity. 2. Increasing demand for real-time analytics in the aviation industry can provide major business opportunities Real-time analytics can prove to be beneficial for airline companies since it can offer the latest insights regarding safety and maintenance. Many companies are focused on providing real-time analytics, in order to enhance the market presence and gain a competitive edge in the market. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: [email protected] Visit Our Blogs: https://blog.coherentmarketinsights.com
Research on Flight Data Monitoring and Analysis Market (Impact of COVID-19) with Top Players
Research on Flight Data Monitoring and Analysis Market (Impact of COVID-19) with Top Players Flight data monitoring and analysis (FDMA) is the process of analyzing recorded flight data, in order to enhance the safety and maintenance of flight operations. Currently, apart from using for safer flight operations, flight data monitoring and analysis is used for enhancing flight crew performance, maintenance areas of a fleet operator, air carrier training programs and operating programs, air traffic control procedures, and aircraft operations and design to run a successful aviation organization. FDMA offers various advantages including improved fuel consumption, reduction in fatal accidents, minimized unnecessary maintenance & repairs, and augmented pilot training programs. The global flight data monitoring and analysis market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global flight data monitoring and analysis market is estimated to account for US$ 881.31 Mn in 2019 and is expected to grow at a CAGR of 10.4 % over the forecasted period 2020- 27. Get Sample Copy now @ https://www.coherentmarketinsights.com/insight/request- sample/3776 Major companies involved in the global flight data monitoring and analysis market are Flight Data Services Ltd, Safran Electronics & Defense, Scaled Analytics Inc., NeST Aerospace Pvt Ltd, FlightDataPeople, Aerobytes Ltd, Helinalysis Ltd, Curtiss-Wright Corporation, French Flight Safety, Teledyne Controls LLC, Guardian Mobility Corporation, Metro Aviation, and Hi- Fly Marketing. Market Trends 1. Enhancing fuel efficiency in commercial air transport with FDM Apart from enhanced safety and maintenance, FDM can help in monitoring fuel consumption for improved flight efficiency, which in turn, reduces maintenance cost. Since fuel prices have reached over US$ 8.0/gallon in the recent past, fuel efficiency has become an important factor for airlines. According to a report by the International Helicopter Safety Team in 2007, FDM solutions improve long-term engine performance and fuel economy. Moreover, according to the report in 2016 by General Aviation Joint Steering Committee (GAJSC), the considerable number of general aviation power failures occur due to inadequate engine maintenance and therefore flight data monitoring is being used to forecast system issues prior to their point of failure. 2. Rising safety awareness in general aviation According to the National Transportation Safety Board (NTSB), general aviation has the highest accident rate every year within civil aviation. In majority of cases, improper pilot training to fly safely, weather conditions, and the pilot’s incorrect decisions are reasons for the accidents. According to a factsheet in 2016 by FAA, FAA and the airline industry is working together to develop safety strategies and reduce number of fatalities in general aviation through FDM solutions. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request- pdf/3776 Market Opportunities 1. Implementation of wireless technology for aircraft maintenance solutions can present lucrative growth opportunities Many aviation authorities such as EASA, ICAO, FAA, and the U.K. CAA are supporting the implementation of FQQA programs, in order to enhance overall safety and maintenance of aircraft operations. Wireless technologies that have a central server onboard and can be downloaded using tablets or other mobile devices are increasingly used for flight data monitoring and analysis solutions. Moreover, data-enabled flight decks offer significant consistency to a back-office assessment of the FQQA information, which in turn, provides higher cost-efficiency and productivity. 2. Increasing demand for real-time analytics in the aviation industry can provide major business opportunities Real-time analytics can prove to be beneficial for airline companies since it can offer the latest insights regarding safety and maintenance. Many companies are focused on providing real-time analytics, in order to enhance the market presence and gain a competitive edge in the market. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: [email protected] Visit Our Blogs: https://blog.coherentmarketinsights.com
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