Data Recorder Market
According to market research “ data recorder market by type (cockpit voice recorder, flight data 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 „, published by MarketsandMarkets, the report offers 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,Askfor PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=16771979
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Earlier the CVR uses analogue wire recording, which was later replaced by analog magnetic tapes. This tapes unit uses two reels, with the tape automatically reversing at each end. Now CVR’s in the commercial transportation are capable of recording four channels of audio for a period of two hours. In many cases, the previous requirement for a CVR to record 30 minutes was found to be insufficient as the parts of the pertinent audio What missed more than 30 minutes before the end of the recording. In current scenario, despite uncertain economic conditions, commercial aviation is experiencing continuous growth in aircraft movements.
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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 mate battery even if the aircraft electrical systems fail.
Among the three technology types including flash card, cloud computing, and solid state memory; during the forecast period the cloud computing market is expected.
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.
L-3 Aviation Recorders (US), HR Smith group (UK), Teledyne Technologies, Inc. (UK), Honeywell International, Inc. (US), and Danelec Marine A / S (US).
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