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Europe Flight Data Monitoring Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services), Solution Type (On Board and Ground), and End User (Fleet Operators, Drone Operators, and Investigation Agencies)

Code: TIPRE00020985 | Pages: 122 | Industry: Aerospace and Defense | Date: Apr 2021
Covid

Market Introduction

The European region consists of Germany, France, the UK, Italy, Russia, and the Rest of Europe. The region is recognized as the world’s busiest airspace. Similar to North America, air travel is the most preferred mode of transportation in the region for international and domestic transportation. Robust economy and high individual disposable incomes in the region lay a strong platform for business in the aerospace industry. This is further promoting commercial aircraft production, thereby accelerating the growth of the flight data monitoring systems market. According to the Commission Regulation of the European Union, flight data monitoring is the proactive use of digital flight data from routine operations to enhance aviation safety. Flight data monitoring is the main data source for monitoring the operational safety level. In the region, the flight data monitoring program is obligatory for aircraft with a maximum certificated take-off mass of 27,000 kg operated for commercial air transport.  Airbus, Cobham Plc, Dassault Aviation, Leonardo DRS, and Thales Group are among the leading aircraft and aircraft component manufacturers present in Europe. The presence of such leading players has paved the growth path for military and civil aircraft. Presence of various aircraft manufacturers in the region is one of the key driving factors for the flight data monitoring systems market. Moreover, rising air travel and increasing government budgets for aircraft have significantly boosted the revenue stream of flight data monitoring systems market players operating in Europe.

The Europe flight data monitoring systems market witnessed decline in the market growth at the first half of 2020 due to COVID-19 outbreak. Countries such as Russia, France, Spain, the UK, and others recorded major count of confirmed cases on daily basis; thus, those countries imposed lockdown. The flights were suspended for longer period in the first half of 2020, which lowered the demand for flight data monitoring systems. Several countries also stopped their production activities in the aircraft industry, which further lowered the market growth. For instance, 668 infected persons are found on the French aircraft carrier Charles de Gaulle. As a result, the facility cannot function without proper staff the operations are either being stopped or carried out with limited force. In addition, a new strain of coronavirus that causes COVID-19 has found in the UK, which spreads at faster rate than previous strain. The crisis has initiated shutdown of air connectivity across the UK and other European countries. The Europe is third largest region in terms of demand for airplanes, which might help the market to recover after pandemic but in current scenario the demand for services and systems in the region is experiencing major decline. Still companies operating in the region are managing to offer flight data monitoring systems solution for domestic and global level but not as per the expected target. Also, the use of robots, data analytics, connected systems, and other advanced tools and software for improved flight performance has emerged owing to the outbreak, which might grab stronger share in the forecast period.

Market Overview and Dynamics

The flight data monitoring systems market in Europe is expected to grow from US$ 932.68 million in 2020 to US$ 1,544.42 million by 2027; it is estimated to grow at a CAGR of 8.2% from 2020 to 2027. The demand for operational safety is surging in the rotary-wing aircraft sector, specifically for helicopters used in public and private services. To meet this emerging demand, market players are introducing advanced helicopter flight data monitoring (HFDM) systems and services. Responding to the need for operational safety, leading market players are introducing advanced HFDM solutions for helicopter fleet operators. In March 2019, Airbus Helicopters introduced new Flight Analyser helicopter flight data monitoring (HFDM) solution to support operational safety in aircraft. The post-flight data analysis done by the HFDM solution identifies the risk and takes preventive action before they lead to incidents. New product development and adoption from leading aircraft manufacturers is creating a lucrative opportunity for the market.

Key Market Segments

The Europe flight data monitoring systems market is segmented based on component, solution type, end user. Based on component, the Europe market is segmented into hardware, software, and service. Hardware segment held the largest market share in 2020. Based on solution type, the Europe market is segmented into on-board and ground. On board segment held the largest market share in 2020. In terms of end user, the market is segmented into fleet operators, drone operators, and investigation agencies. Fleet operators segment held the largest market share in 2020.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the flight data monitoring systems market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Appareo; Curtiss-Wright Corporation; FLYHT Aerospace Solutions Ltd.; Honeywell International Inc.; L3Harris Technologies Inc.; Safran Electronics & Defense; and Teledyne Controls LLC.

Reasons to buy report

  • To understand the Europe flight data monitoring systems market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe flight data monitoring systems market.
  • Efficiently plan M&A and partnership deals in Europe flight data monitoring systems market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe flight data monitoring systems market.
  • Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.

Europe Flight Data Monitoring Systems Market Segmentation

Europe Flight Data Monitoring Systems Market - By Component

  • Hardware
  • Software
  • Services

Europe Flight Data Monitoring Systems Market - By Solution Type

  • On Board
  • Ground

Europe Flight Data Monitoring Systems Market – By End User

  • Fleet Operators
  • Drone Operators
  • Investigation Agencies

Europe Flight Data Monitoring Systems Market - By Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe 

Europe Flight Data Monitoring Systems Market - Company Profiles

  • Appareo
  • Curtiss-Wright Corporation
  • FLYHT Aerospace Solutions Ltd.
  • Honeywell International Inc.
  • L3Harris Technologies Inc.
  • Safran Electronics & Defense
  • Teledyne Controls LLC
 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Flight Data Monitoring Systems Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Bargaining Power of Buyers

4.2.2        Bargaining Power of Suppliers

4.2.3        Threat to New Entrants

4.2.4        Threat to Substitutes

4.2.5        Competitive Rivalry

4.3         Ecosystem Analysis

5.           Europe Flight Data Monitoring Systems Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Flight Safety Solutions at High Demand

5.1.2        Number of Aircraft Deliveries Is Increasing

5.2         Market Restraints

5.2.1        Presence of Substitute Solutions Including High Cost of Flight Data Monitoring Systems

5.3         Market Opportunities

5.3.1        Helicopter Flight Data Monitoring (HFDM) Systems at High Demand

5.4         Future Trends

5.4.1        Growth in Flight Data Monitoring Service Providers

5.5         Impact Analysis of Drivers and Restraints

6.           Flight Data Monitoring Systems Market – Europe Analysis

6.1         Overview

6.2         Europe Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

7.           Europe Flight Data Monitoring Systems Market Analysis – By Component

7.1         Overview

7.2         Europe Flight Data Monitoring Systems Market, By Component (2020 and 2027)

7.3         Hardware

7.3.1        Overview

7.3.2        Hardware: Flight Data Monitoring Systems Market –Revenue and Forecast to 2027 (US$ Million)

7.4         Software

7.4.1        Overview

7.4.2        Software: Flight Data Monitoring Systems Market –Revenue and Forecast to 2027 (US$ Million)

7.5         Services

7.5.1        Overview

7.5.2        Services: Flight Data Monitoring Systems Market –Revenue and Forecast to 2027 (US$ Million)

8.           Europe Flight Data Monitoring Systems Market Analysis – By Solution Type

8.1         Overview

8.2         Europe Flight Data Monitoring Systems Market, By Solution Type (2020 and 2027)

8.3         On board

8.3.1        Overview

8.3.2        On board: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Ground

8.4.1        Overview

8.4.2        Ground: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

9.           Europe Flight Data Monitoring Systems Market Analysis – By End User

9.1         Overview

9.2         Europe Flight Data Monitoring Systems Market, By End User (2020 and 2027)

9.3         Fleet Operators

9.3.1        Overview

9.3.2        Fleet Operators: Flight Data Monitoring Systems Market –Revenue and Forecast to 2027 (US$ Million)

9.4         Drone Operators

9.4.1        Overview

9.4.2        Drone Operators: Flight Data Monitoring Systems Market –Revenue and Forecast to 2027 (US$ Million)

9.5         Investigation Agencies

9.5.1        Overview

9.5.2        Investigation Agencies: Flight Data Monitoring Systems Market –Revenue and Forecast to 2027 (US$ Million)

10.        Europe Flight Data Monitoring Systems Market – Country Analysis

10.1      Overview

10.1.1     Europe: Flight Data Monitoring Systems Market, By Country

10.1.1.1       Germany: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1       Germany: Flight Data Monitoring Systems Market, By Component

10.1.1.1.2       Germany: Flight Data Monitoring Systems Market, By Solution Type

10.1.1.1.3       Germany: Flight Data Monitoring Systems Market, By End User

10.1.1.2       France: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1       France: Flight Data Monitoring Systems Market, By Component

10.1.1.2.2       France: Flight Data Monitoring Systems Market, By Solution Type

10.1.1.2.3       France: Flight Data Monitoring Systems Market, By End User

10.1.1.3       Italy: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1       Italy: Flight Data Monitoring Systems Market, By Component

10.1.1.3.2       Italy: Flight Data Monitoring Systems Market, By Solution Type

10.1.1.3.3       Italy: Flight Data Monitoring Systems Market, By End User

10.1.1.4       UK: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.4.1       UK: Flight Data Monitoring Systems Market, By Component

10.1.1.4.2       UK: Flight Data Monitoring Systems Market, By Solution Type

10.1.1.4.3       UK: Flight Data Monitoring Systems Market, By End User

10.1.1.5       Russia: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.5.1       Russia: Flight Data Monitoring Systems Market, By Component

10.1.1.5.2       Russia: Flight Data Monitoring Systems Market, By Solution Type

10.1.1.5.3       Russia: Flight Data Monitoring Systems Market, By End User

10.1.1.6       Rest of Europe: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.6.1       Rest of Europe: Flight Data Monitoring Systems Market, By Component

10.1.1.6.2       Rest of Europe: Flight Data Monitoring Systems Market, By Solution Type

10.1.1.6.3       Rest of Europe: Flight Data Monitoring Systems Market, By End User

11.        Europe Flight Data Monitoring Systems Market - COVID-19 Impact Analysis

11.1      Europe: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Product Development

12.4      Partnership

13.        Company Profiles

13.1      L3Harris Technologies, Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Appareo

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      FLYHT Aerospace Solutions Ltd

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Honeywell International Inc.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Curtiss-Wright Corporation

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Safran Electronics & Defense

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Teledyne Controls LLC

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             Europe Flight Data Monitoring Systems Market – Revenue, and Forecast to 2027 (US$ Million) s

Table 2.             Germany Flight Data Monitoring Systems Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 3.             Germany Flight Data Monitoring Systems Market, By Solution Type – Revenue and Forecast to 2027 (US$ Million)

Table 4.             Germany Flight Data Monitoring Systems Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 5.             France Flight Data Monitoring Systems Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 6.             France Flight Data Monitoring Systems Market, By Solution Type – Revenue and Forecast to 2027 (US$ Million)

Table 7.             France Flight Data Monitoring Systems Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 8.             Italy Flight Data Monitoring Systems Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 9.             Italy Flight Data Monitoring Systems Market, By Solution Type – Revenue and Forecast to 2027 (US$ Million)

Table 10.          Italy Flight Data Monitoring Systems Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 11.          UK Flight Data Monitoring Systems Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 12.          UK Flight Data Monitoring Systems Market, By Solution Type – Revenue and Forecast to 2027 (US$ Million)

Table 13.          UK Flight Data Monitoring Systems Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 14.          Russia Flight Data Monitoring Systems Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 15.          Russia Flight Data Monitoring Systems Market, By Solution Type – Revenue and Forecast to 2027 (US$ Million)

Table 16.          Russia Flight Data Monitoring Systems Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 17.          Rest of Europe Flight Data Monitoring Systems Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 18.          Rest of Europe Flight Data Monitoring Systems Market, By Solution Type – Revenue and Forecast to 2027 (US$ Million)

Table 19.          Rest of Europe Flight Data Monitoring Systems Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 20.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Flight Data Monitoring Systems Market Segmentation

Figure 2.           Europe Flight Data Monitoring Systems Market Segmentation – By Country

Figure 3.           Europe Flight Data Monitoring Systems Market Overview

Figure 4.           Europe Flight Data Monitoring Systems Market, by Country

Figure 5.           Europe Flight Data Monitoring Systems Market, By Component

Figure 6.           Europe Flight Data Monitoring Systems Market, By End User

Figure 7.           Porter’s Five Forces Analysis

Figure 8.           Europe Flight Data Monitoring Systems Market – Ecosystem Analysis

Figure 1.           Europe Flight Data Monitoring Systems Market: Impact Analysis of Drivers and Restraints

Figure 2.           Europe Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 3.           Europe Flight Data Monitoring Systems Market Revenue Share, By Component (2020 and 2027)

Figure 4.           Europe Hardware: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 5.           Europe Software: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 6.           Europe Services: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 7.           Europe Flight Data Monitoring Systems Market Revenue Share, By Solution Type (2020 and 2027)

Figure 8.           Europe On board: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 9.           Europe Ground: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 10.        Europe Flight Data Monitoring Systems Market Revenue Share, By End User (2020 and 2027)

Figure 11.        Europe Fleet Operators: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.        Europe Drone Operators: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Europe Investigation Agencies: Flight Data Monitoring Systems Market –Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Europe: Flight Data Monitoring Systems Market, by Key Country – Revenue (2020) (US$ Million)

Figure 15.        Europe: Flight Data Monitoring Systems Market Revenue Share, By Country (2020 and 2027)

Figure 16.        Germany: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        France: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Italy: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        UK: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Russia: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.        Rest of Europe: Flight Data Monitoring Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Impact of COVID-19 Pandemic in Europe Country Markets

  1. Appareo
  2. Curtiss-Wright Corporation
  3. FLYHT Aerospace Solutions Ltd.
  4. Honeywell International Inc.
  5. L3Harris Technologies Inc.
  6. Safran Electronics & Defense
  7. Teledyne Controls LLC
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