Data Recorder Market worth $1,794 Million by 2020 – Reports MarketsandMarkets

Share Article

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), by technology (flash card, cloud computing and solid state) & Geography.. (http://www.marketsandmarkets.com/Market-Reports/cockpit-Voice-flight-data-recorder-market-16771979.html)

MarketsandMarkets

MarketsandMarkets

The key players in this market 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.).

The research report on "Data Recorder Market" expects the global market to maintain a steady CAGR of 4.52% from 2014 to reach $1,794 Million by 2020.

Check out “Data Center Market” through detailed ToC, Data Tables and Figures, spread across over 151 Report Pages.
http://www.marketsandmarkets.com/Market-Reports/cockpit-Voice-flight-data-recorder-market-16771979.html

Early buyers will receive 10% customization on this report.
Cockpit Voice Recorders used in the commercial transportation are capable of recording four channels of audio for a period of two hours. In many cases, the previous recording capacity of 30 minutes is found insufficient. As a result, despite uncertain economic conditions, commercial aviation is experiencing continuous growth in aircraft movements as well as passenger traffic. According to the report, it is also driving the demand in the data recorder market on the global scale.

The latest cockpit voice recorders use solid-state memory and digital recording techniques. They are more resistant to shock, vibration and moisture and have less power requirements. They can be incorporated with batteries to continue recording until the termination of the flight and even if the aircraft electrical systems fail.

Among the three types of technologies including flash card, cloud computing, and solid state memory; the report expects the cloud computing market to account for the highest share during near future.

According to the report, analytics and business intelligence along with customer facing system consistency and availability are expected to be the major driving factors for the market. Apart from that, industry interfaces with external agencies and cost saving efforts are also expected to be the drivers for rising rate of adoption of cloud computing 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. According to the report, both these factors are driving the demand for the cloud services in the market.

The report segments the Data Recorder Market into four categories including technology, type, geography and country. This report divides the overall market into four geographic regions, which include North America, Europe, Asia-Pacific (APAC), Middle East, and Rest of world. According to the report, North America currently accounts for the highest market shares as compared to the other regions. During the forecasting period, APAC region is expected to grow at a higher CAGR.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=16771979

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.).

Browse Related Reports

Multi-Function Display (MFD) Market - Global Forecasts, Trends & Analysis to 2014 - 2020
http://www.marketsandmarkets.com/Market-Reports/multi-function-display-market-127492483.html

Flight Management System Market - Forecast Analysis to 2014 - 2020
http://www.marketsandmarkets.com/Market-Reports/flight-management-systems-market-1105.html

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 info graphics 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
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence

Share article on socal media or email:

View article via:

Pdf Print

Contact Author

Mr. Rohan
@marketsmarkets
since: 04/2009
Follow >
Market Research Report
since: 12/2010
Like >
Follow us on
Visit website