Page 17 - Flight Data Monitoring News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share this article Share this article ResearchAndMarkets.com s offering. The flight data monitoring systems market in North America is expected to grow from US$ 1,311.56 million in 2020 to US$ 2,012.23 million by 2027; it is estimated to grow at a CAGR of 6.9% from 2020 to 2027. The North America aviation sector is experiencing significant growth in air traffic volume in terms of passenger count and aircraft fleet. This is mainly due to increase in business and leisure travel because of higher disposable income. In addition to passenger air travel, the cargo air fleet volume is consistently rising in developed countries. The constantly growing aircraft fleet volume year-on-year has been leading the aircraft operators to invest in in-flight data monitoring systems. The fleet operators are increasingly accelerating the procurement of flight data monitoring systems and software. FDM systems collect the occurrence data of the flight for fleet operators that helps identify and asses

United statesLaura woodAnalytics incRising demand for flight safety solutionsProduct developmentAerospace solutions ltdCurtiss wright corporationPorter five forces analysisSkytrac systems ltdHarris technologies incMarket initiativeOffice hours callResearch methodologyTeledyne controlsSafran electronics defenseCompany profiles