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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Flight Inspection Market Size to Exceed $1.8 Bn By 2025.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Flight Inspection Market Size to Exceed $1.8 Bn By 2025."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Flight Inspection Market Size to Exceed $1.8 Bn By 2025

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Growing prominence of drone technology and autonomous aircrafts for inspection will boost the flight inspection market growth over the projected timeframe. Unmanned aerial vehicles (UAV’s) offering accurate results conveniently owing to compact size are providing a positive outlook for the industry expansion. UAV’s equipped with various systems providing real time data of critical parameters allows pilots to operate in extreme conditions.  Incorporation of redundant flight electronics to meet the required safety standards is escalating the service demand. Reduction in traditional inspection frequencies significantly contributes towards lowering the overall operational cost for airport operations. Rising preference of utilizing advanced flight inspection systems by air navigation service providers is showcasing significant growth prospects for the flight inspection market proliferation Flight Inspection Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued…  Supporting government regulations mandating the regular inspection to ensure passenger safety are positively influencing the flight inspection market growth. For instance, in November 2016, the Federal Aviation Administration (FAA) introduced U.S. Standard Flight Inspection Manual (USSFIM) for flight inspection of air navigation service. Increasing air navigation and instrument flight procedures will further escalate the flight inspection market size over the study timeframe.  Rising number of defense airports due to increasing military expenditure globally is expected to offer large scale opportunities to the market share over the projected timeframe. Further, an upsurge in the implementation of more advanced technologies and increasing air passenger traffic in emerging countries across the globe is anticipated to drive the flight inspection market share over the study timeframe. For instance, China witnessed a large upsurge in passenger traffic of 37 million more passengers in 2016 as compared to the previous year. This factor is expected to propel the market share over the coming years.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report Flight Inspection Market@ https://www.gminsights.com/industry-analysis/flight-inspection-market https://www.gminsights.com/industry-analysis/flight-inspection-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2312

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Flight Inspection Market, By Solution, 2018 & 2025, (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Textron Inc Safran Norwegian Special Mission Bombardier Airfield Technology Inc. Aerodata Saab AB Cobham plc ENAV Major Companies Flight Inspection Market :

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Europe will exhibit significant growth in the flight inspection market share over the forecast timeframe. This can be attributed to the rapid technological advancements in inspection techniques for improving efficiency and reduce inspection time. Additionally, the increasing usage of drone technology for flight inspection owing to enhanced flexibility along with multiple angular coverage are further boosting the market share. For instance, in April 2019, CANARD drones calibrated all PAPI systems at the Charles de Gaulle Airport, France based on the airport authority requirements. Regional Insights in Flight Inspection Market :

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