Data Recorder Market Estimated To Reach $1,799.50 Million by 2020


Posted March 20, 2015 by ronitroycloud

[151 Pages Report] Data Recorder Market analysis & forecast report categorizes global market by Type (cockpit voice recorder, flight data recorder, quick access recorder, voyage data recorder, data logger)

 
According to market research “Data Recorder Market by Type (cockpit voice recorder, flight data recorder, quick access recorder, voyage data recorder, data logger), by technology (flash card, cloud computing and solid state) by Geography (North America, Europe, APAC, Middle East, Latin America and Africa) - Forecasts & Analysis to 2014 - 2020”, the report offers an in-depth analysis of the data recorder market from 2014 - 2020. The data recorder market is projected to reach $1,799.50 Million by 2020, growing at a CAGR of 4.52% from 2014-2020.

Browse 74 market data tables, 64 figures spread through 138 pages and in-depth TOC on “Data Recorder Market - Forecasts & Analysis to 2014 - 2020”

Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=16771979

The report carries in-depth analysis of the data recorder market. It provides information on the various types of technology used in aerospace and marine. The analysis has been carried out with respect to geography, technology, and the current market scenario.

It throws light on current market trends, the drivers and restraints, the challenges faced, and the opportunities that will impact growth in this market.
Flight recorders are designed to survive both high-speed impact and post-impact fire. They are, however, not invulnerable and are sometimes destroyed. The recorder is designed to ensure that data, rather than the recorder itself, survives an accident. The data storage medium (tape or microchips) is mounted inside an impact-resistant and fire-resistant container.

The latest CVR uses solid- state memory and digital recording techniques, making them more resistance to shock, vibration, and moisture. Solid-state recorder has less power requirements with the possibility to incorporate battery in the units thus recording can continue until the flight terminates, even if the aircraft electrical systems fail.

Get the copy of Report @ http://www.marketsandmarkets.com/Market-Reports/cockpit-Voice-flight-data-recorder-market-16771979.html

Among the three technology types including flash card, cloud computing, and solid state memory; the cloud computing market is expected to account for the highest market share during the forecast period.

Analytics and business intelligence, customer facing system consistency and availability, industry interfaces with external agencies and cost saving with improved focus on core services would be the drivers of cloud computing adoption in airline industry. The Federal Aviation Administration is moving towards remotely based systems. Airlines and airports are moving to cloud based severs for sensitive flight information.

The data recorder market has been segmented into four categories including technology, type, geography and country. This report divides the overall market into four geographies including North America, Europe, Asia-Pacific (APAC), the Middle East, and Rest of world. North America currently accounts for the highest market share as compared to other regions. Given the forecast period, the APAC region is expected to grow at a higher CAGR and is expected to account for the highest market share by 2020.

The leading companies in the data recorder market covered in the report include L-3 Aviation Recorder (U.S), HR Smith group (U.K.), Teledyne Technologies, Inc. (U.K.), Honeywell International, Inc. (U.S.), and Danelec Marine A/S (U.S.).

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Ronit Roy
Country United States
Categories Semiconductors
Tags cockpit voice black box market , data recorder market , flight data recorder market
Last Updated August 25, 2015