Global Cockpit Voice and Flight Data Recorder Market Research Report 2022

Cockpit voice recorders (CVRs) and flight data recorder (FDRs) are devices that are installed in aircraft to record the environment in the flight deck for investigation of accidents and incidents. FDR preserves the recent history of a flight by recording multiple parameters, which are collected several times per second. CVR is used to record the recent history of the sounds in the cockpit, including the conversation of pilots.
Market Analysis and Insights: Global Cockpit Voice and Flight Data Recorder Market
Due to the COVID-19 pandemic, the global Cockpit Voice and Flight Data Recorder market size is estimated to be worth US$ 313.1 million in 2022 and is forecast to a readjusted size of US$ 382.7 million by 2028 with a CAGR of 3.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, CVR accounting for % of the Cockpit Voice and Flight Data Recorder global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Military Use segment is altered to an % CAGR throughout this forecast period.
Global Cockpit Voice and Flight Data Recorder key players include L3 Technologies, Honeywell International, Curtiss-Wright, GE Aviation, etc. Global top four manufacturers hold a share over 75%.
North America is the largest market, with a share about 45%, followed by Europe, and Asia-Pacific, both have a share about 50 percent.
In terms of product, FDR is the largest segment, with a share nearly 45%. And in terms of application, the largest application is Civil Use, followed by Military Use.
Global Cockpit Voice and Flight Data Recorder Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Cockpit Voice and Flight Data Recorder Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
CVR
FDR
CVFDR

Segment by Application
Military Use
Civil Use

By Company
L3 Technologies
Honeywell International
Curtiss-Wright
GE Aviation
Leonardo DRS
Safran
RUAG
UASC
Production by Region
North America
Europe
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina