DUBLIN, December 16, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vgtsb3/global_aerospace) has announced the addition of the "Global Aerospace and Marine Data Recorder Market 2015-2019" report to their offering.
A single-unit data recording device includes flight and voice data recorders in a single box configuration along with a data transfer system linked to air traffic control. The single unit device halves the spares and inventory cost and leads to reduced critical system weight. The installation of the device also shortens cable distances between the cockpit and recording device, preventing damage to the wires during an in-flight fire.
According to the report, the rise in demand for air travel has resulted in an increase in aircraft fleets. Globally, more than 38,000 aircraft orders will likely be delivered in the next 20 years. Asia has more than 3,500 widebody and 10,000 single-aisle aircraft lined to be delivered by 2034. This growth in aircraft orders and backlogs will drive the market growth.
Further, the report states that the maturity of the technologies used in black boxes is one of the major hindrances to the growth of the market.
The report forecasts the global aerospace and marine data recorder market to grow at a CAGR of 4.50% over the period 2014-2019.
Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the key Market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Danelec Marine
- Honeywell International
- HR Smith Group
- L-3 Communications Aviation Recorders
- Teledyne Technologies
- Acr Electronics
- Flyht Aerospace Solutions
- Phoenix International Holdings
- Universal Avionics Systems
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Aerospace and defense supply chain system
PART 07: Aerospace and defense supply chain system
PART 08: Market segmentation by application
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/vgtsb3/global_aerospace
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SOURCE Research and Markets