Industry Forecast

Flight Inspection Market Analysis, Report, Trends and Forecast, 2017-2024

Press Release   •   Jan 18, 2018 01:33 EST

Flight Inspection Market in North America contributes maximum share as the region has highest number of airports, high commercial flight frequency and strong focus on military defense sector. New airport development program to improve air transportation industry creates need for frequent flight examination.

Mandatory maintenance checks twice a year for facilitating smooth communication and navigation during the flying time will increase the demand for flight inspection market during forecast period of 2017 to 2024. Increasing flight frequency to cater to increasing number of air travelers leads to frequent maintenance checks of the flight. Strict quality check from airport regulatory authority to improve aircraft safety and reduce accidents will further drive the industry demand.

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Repair and maintenance demand from aircraft/ helicopters, defense plane, cargo jets will boost the market demand during forecast period. As the market for regular routine check and commissioning activities increases, the demand for flight inspection market is expected to increase during the forecast period.

Repair and maintenance demand from aircraft/ helicopters, defense plane, cargo jets will boost the market demand during forecast period. As the market for regular routine check and commissioning activities increases, the demand for flight inspection market is expected to increase during the forecast period.

Service providers of aircraft maintenance are looking for highly reliable, cost effective solutions provide growth opportunities for industry participants. Moreover, increasing disposable income in developing and expenditure on air travel will boost air transportation in coming years. This creates growth opportunities for service providers to expand their business in these countries.

Based on solution, the market is segmented as system and services. Flight inspection systems dominates the overall market and is expected to continue its dominance during the study period owing to upgradation of existing fleet and new aircraft demand from emerging economies.

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Based on end user, the industry is segmented as commercial airports and defense airports. Increasing defense budgets by major countries in the world drives the demand for defense flight inspection market. Increasing investment in modernization & development of defense airports and use of defense airports for strategic purpose will boost the industry demand. Frequent domestic & international flights and increasing travel for business purpose will increase revenue share from commercial segment.

The key participants in flight inspection market are Normarc Flight Inspection Systems, Safran Electronics & Defense, Textron Aviation Inc, Saab group, Flight Calibration Services Limited, Airfield Technology, Bayanat Airports. System and service providers focus on delivering low cost, high efficiency services to increase the customer satisfaction and maintain long term service contracts.

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