ID: MRFR/A&D/8667-HCR | February 2021 | Region: Global | 168 pages
Global Flight Inspection Market is projected to reach USD 6,590 Million by 2026 at a CAGR of 4.28%. Flight inspection solutions are designed to provide high-quality, cost-effective solutions that assure the integrity of aircraft systems, the safety of radio navigation aid, and radar aid to customers. Earlier, flight inspectors tested the precision of light beacons while flying. Light beacons provide visual direction and enable pilots to fly at night. Flight inspection solutions have now replaced flight inspectors and are used for checking beacons. Flight inspection solutions are also used in the authentication of all performance-based navigation (PBN) processes and the testing and verification of navigational aid. Flight inspection solutions are mainly used by airport operators and air navigation service providers to offer enhanced safety and timely service with minimal disturbance.
Global Flight Inspection Market is expected to register significant growth during the forecast period owing to factors such as a growing air passenger traffic and technological advancements. Furthermore, rising demand from emerging economies such as India and China is also expected to drive the growth of the market. Additionally, increasing product launches by companies such as Safran is also expected to fuel the growth of the market. For example, in 2017, Safran Nacelle, a subsidiary of Safran, launched a new automated non-destructive testing solution using augmented reality and infrared thermography.
However, issues due to technical challenges faced in the inspection of flights and stringent aviation regulations might hamper the growth of the market.
The increasing development of new airports and modernization of existing airports is expected to drive the growth of the market. Furthermore, rising flight inspection and calibration operations are also expected to propel the market growth.
The Rise in Air Passenger Traffic
The Increasing Demand for the Development of New Airports: A rise in the number of defense airports and tactical forward airbases due to increased investments in military infrastructure is projected to drive the growth of the flight inspection market.
The Increase in Demand from Emerging Economies
Technical Challenges Faced in Flight Inspection
Compliance with Stringent Aviation Regulations
Commercial Airports: The commercial airport's segment dominated the market in 2019 owing to factors such as the rising air passenger traffic and development of new airports in countries such as China, India, and the UAE.
Defense Airports: The defense airports segment is expected to record the higher CAGR during the forecast period owing to factors such as the increasing number of tactical forward airbases and defense airports due to the increased spending on military infrastructure.
Services: The services segment is expected to exhibit a significant growth rate in the global market during the forecast period owing to the increasing number of new aircraft deliveries, which is likely to boost the demand for flight inspection services.
Systems: The systems segment is expected to register the higher CAGR during the forecast period owing to various factors such as the increasing demand for various systems, including fixed systems, mobile systems, and ground-based systems to offer enhanced safety and security to passengers and aircraft.
North America: North America dominated the global flight inspection market in 2019 due to the presence of prominent companies such as Textron, Inc., and Airfield Technology, Inc.
Europe: The presence of prominent market players such as AERODATA AG and Saab AB is expected to drive market growth in the region.
Asia-Pacific: The market in this region is projected to register the highest CAGR during the forecast period. The growth of the aviation industry in countries such as China, Japan, and India is expected to increase the demand for flight inspection in the region.
Middle East: Innovations and increasing investments in flight inspection by key players and prominent airlines such as Qatar Airways and the Emirates Group are expected to drive market growth in the region.
Rest of the World: The increasing air passenger traffic and freight transit conditions in countries such as Brazil and South Africa are expected to fuel the demand for flight inspection in the region.
Textron, Inc. (US)
Bombardier, Inc. (Canada)
Norwegian Special Mission AS (Norway)
AERODATA AG (Germany)
Airfield Technology, Inc. (US)
Saab AB (Sweden)
Cobham plc (UK)
Radiola Limited (New Zealand)
ENAV S.p.A. (Italy)
MISTRAS Group, Inc. (US)
ST Engineering (Singapore)
Frequently Asked Questions (FAQ) :
The market can reach USD 6,590 Million by 2026.
The market can advance at a rate of 4.28% in the following years.
Flight inspection solutions are cost-effective, high-quality solutions that ensure the productivity of the aircraft system, as well as the safety of the radio navigation aid and offers radar aid to the customers.
The market can advance in the near future on account of the rising modification of the existing airports, construction of new airports along with the surge in flight calibration and inspection operations.
The market leaders are Textron, Inc. (US), Bombardier, Inc. (Canada), Norwegian Special Mission AS (Norway), AERODATA AG (Germany), Airfield Technology, Inc. (US), Saab AB (Sweden), Safran (France), Cobham plc (UK), Radiola Limited (New Zealand), ENAV S.p.A. (Italy), MISTRAS Group Inc. (US), ST Engineering (Singapore) and more.