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Flight Inspection (FI) Market: Advanced Technologies & Growth Opportunities in Global Industry by 2022

Press Release   •   Jan 11, 2018 07:36 EST

Flight inspection market is projected to grow from an estimated USD 4.51 billion in 2017 to USD 5.57 billion by 2022, at a CAGR of 4.31% during the forecast period.

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The key players in the Flight Inspection (FI) Market includeTextron(US),Bombardier (Canada),Norwegian Special Mission (Norway), and Aero data AG (Germany), among others.

The flight inspection market for defense airports is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing defense budgets of emerging economies and the increasing spending on military infrastructure. With increasing defense budgets, the modernization and development of defense airports as well as the demand for defense airports for strategic purposes is increasing.

Target Audience:

  • Flight Inspection System Manufacturers
  • Airport Authorities
  • Flight Inspection Service Providers
  • Military Forces

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The increase in flight inspection operations for navigational aids for routine and commissioning inspections due to the increasing number of new airports and expansion of infrastructure on existing airports is expected to drive the flight inspection market. Technical challenges involved in flight inspection procedures act as a challenge to the growth of the flight inspection market.

Asia Pacific is expected to the witness highest growth in the flight inspection market during the forecast period.

The flight inspection market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. The Americas is expected to account for the largest share of the flight inspection market in 2017.This trend is expected to continue throughout the forecast period. The increasing number of new airport infrastructure development programs is expected to drive the flight inspection market in the coming years.

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This report provides detailed information and forecasts the FI market from 2017 to 2022. The FI market has been segmented on the basis of solution, end user, and region. Based on solution, the services segment is projected to dominate during the forecast period. Based on end user, the market is segmented in commercial and defense airports.

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