Aircraft Black Box Market, by Product (Flight Data Recorder, Cockpit Voice Recorder), Application (Military Aircrafts, Civil Aircrafts) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
Chicago, IL -- (SBWIRE) -- 08/08/2017 -- A flight data recorder is commonly called as Black box. These are most often the sole survivors of plane crash, that help investigators understand the reasons that led to plane crash. Although the name is black box, but they are orange in color. Black box preserves the recent history of the flight by recording activities of flight parameters several times per second. Flight data recorder comprises of another part known as cockpit voice recorder, which records the conversation between the pilot and co-pilot. To withstand the impact of plane crashes, flight data recorders are made sturdy and tough. They can withstand an impact of 3400 g and temperatures of over 1,000 °C. It is used in military as well as civilian aircraft and solve the same purpose. This report studies the current and future aspects of the aircraft black box market.
The report on the global Aircraft black box market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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The aircraft black box market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia-Pacific region holds the highest market share and is the largest revenue contributor for the aircraft black box market. Companies are taking up challenges to develop black boxes and meet the requirements of the stakeholders. Hence, the Asia-Pacific region will continue to dominate the global market over a long period of time. The North America and Europe region are witnessing steady growth of the market. The regions are making technological advancements and strong R&D initiatives which are opening newer opportunities contributing towards the market growth.
This report analyzes the aircraft black box market by the following segments:
Aircraft Black Box Market, by Product
1. Flight Data Recorder
2. Cockpit Voice Recorder
Aircraft Black Box Market, by Application
1. Military Aircrafts
2. Civil Aircrafts
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