Lewes, DE -- (SBWIRE) -- 05/21/2019 -- Global Flight Inspection (FI) Market is accounted for $4.51 million in 2017 and is expected to reach $7.60 million by 2026 growing at a CAGR of 6.0%. Factors such as rising air passenger traffic lead to the growth of new airports are fueling market growth. However, technical challenges and the budget of the flight inspection system are hampering the growth of the market. Furthermore, rising demands of flight inspection system among emerging economies are the growth opportunities for the market.
Flight inspection refers to the periodic evaluation of navigational aids used in aviation, such as flight procedures and electronic signals, to ensure they are safe and accurate. Unlike flight tests, which analyze the aerodynamic design and safety of the aircraft itself, flight inspection comprises reviewing flight procedures (such as routes, approaches, and departures) to ensure navigational support is sufficient, there are no obstacles and the procedure is reliable.
Based on the end user, the defense airport segment propels the market share during the forecast period Owing to the increasing number of tactical forward airbases and defense airports due to the increase in spending on military infrastructure. By geography, North America region is anticipated to grow due to the increasing number of new airport infrastructure development programs.
Some of the key players in the Flight Inspection (FI) market include Bombardier, Norwegian Special Mission, Textron, Airfield Technology, Aerodata, Radiola Aerospace, Cobham, Saab, Safran, and Enav.
Types Covered:
- Airport Type
- Air Type
Solutions Covered:
- System
- Services
End Users Covered:
- Defense Airport
- Commercial Airport
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 201 pages "Flight Inspection (FI) - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Flight Inspection (FI) Market, By Type, Global Flight Inspection (FI) Market, By Solution, Global Flight Inspection (FI) Market, By End User, Global Flight Inspection (FI) Market, By Geography, Key Developments, Company Profiling.
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