Market Analysis and Insights: Global Cockpit Voice and Flight Data Recorder Market
Cockpit voice recorders (CVRs) and flight data recorder (FDRs) are devices that are installed in aircraft to record the environment in the flight deck for investigation of accidents and incidents. FDR preserves the recent history of a flight by recording multiple parameters, which are collected several times per second. CVR is used to record the recent history of the sounds in the cockpit, including the conversation of pilots.
Due to the COVID-19 pandemic, the global Cockpit Voice and Flight Data Recorder market size is estimated to be worth US$ 302 million in 2022 and is forecast to a readjusted size of US$ 382.7 million by 2029 with a CAGR of 3.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, CVR accounting for % of the Cockpit Voice and Flight Data Recorder global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Military Use segment is altered to an % CAGR throughout this forecast period.
Global Cockpit Voice and Flight Data Recorder key players include L3 Technologies, Honeywell International, Curtiss-Wright, GE Aviation, etc. Global top four manufacturers hold a share over 75%.
North America is the largest market, with a share about 45%, followed by Europe, and Asia-Pacific, both have a share about 50 percent.
In terms of product, FDR is the largest segment, with a share nearly 45%. And in terms of application, the largest application is Civil Use, followed by Military Use.
Global Cockpit Voice and Flight Data Recorder Scope and Market Size
The global Cockpit Voice and Flight Data Recorder market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Cockpit Voice and Flight Data Recorder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
CVR
FDR
CVFDR
Segment by Application
Military Use
Civil Use
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
L3 Technologies
Honeywell International
Curtiss-Wright
GE Aviation
Leonardo DRS
Safran
RUAG
UASC
Cockpit voice recorders (CVRs) and flight data recorder (FDRs) are devices that are installed in aircraft to record the environment in the flight deck for investigation of accidents and incidents. FDR preserves the recent history of a flight by recording multiple parameters, which are collected several times per second. CVR is used to record the recent history of the sounds in the cockpit, including the conversation of pilots.
Due to the COVID-19 pandemic, the global Cockpit Voice and Flight Data Recorder market size is estimated to be worth US$ 302 million in 2022 and is forecast to a readjusted size of US$ 382.7 million by 2029 with a CAGR of 3.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, CVR accounting for % of the Cockpit Voice and Flight Data Recorder global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Military Use segment is altered to an % CAGR throughout this forecast period.
Global Cockpit Voice and Flight Data Recorder key players include L3 Technologies, Honeywell International, Curtiss-Wright, GE Aviation, etc. Global top four manufacturers hold a share over 75%.
North America is the largest market, with a share about 45%, followed by Europe, and Asia-Pacific, both have a share about 50 percent.
In terms of product, FDR is the largest segment, with a share nearly 45%. And in terms of application, the largest application is Civil Use, followed by Military Use.
Global Cockpit Voice and Flight Data Recorder Scope and Market Size
The global Cockpit Voice and Flight Data Recorder market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Cockpit Voice and Flight Data Recorder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
CVR
FDR
CVFDR
Segment by Application
Military Use
Civil Use
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
L3 Technologies
Honeywell International
Curtiss-Wright
GE Aviation
Leonardo DRS
Safran
RUAG
UASC
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