Albany, NY -- (SBWIRE) -- 08/08/2016 -- Global aerospace and marine data recorders are used in commercial and defense applications. Aerospace and marine data recorders are segmented into flight, cockpit, and voyage data recorders. While cockpit voice recorders record radio transmissions, pilot's voices, and engine noises; flight data recorders record performance parameters of planes, such as time, altitude, fuel levels, and airspeed. Similarly, voyage data recorders record wind speed and direction, ship's location, and the direction in which the ship is heading. These recordings are retrieved and analyzed during investigations of accidents.

The global aerospace and marine data recorder market to grow at a CAGR of 4.50% over the period 2014-2019. The report includes the present scenario and the growth prospects of the global commercial aerospace and marine data recorder market for the period 2015-2019. The report provides a global overview, market segmentation by application, and growth prospects by region (the Americas, APAC, and EMEA). The report also includes the market landscape and a corresponding detailed analysis of prominent vendors. In addition, the report discusses the major drivers influencing market growth, outlines the challenges faced by vendors and the market as a whole, and identifies the key trends in the market.

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Technavio's report, Global Aerospace and Marine Data Recorder Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; and their growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

Key vendors
- Danelec Marine
- Honeywell International
- HR Smith Group
- L-3 Communications Aviation Recorders
- Teledyne Technologies

Other prominent vendors
- Acr Electronics
- Flyht Aerospace Solutions
- Phoenix International Holdings
- Universal Avionics Systems

Market driver
- Increase in number of aircraft
- For a full, detailed list, view our report

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Key questions answered in this report:-

- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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