Flight Inspection Fi Market | Acumen Research and Consulting
Flight Inspection (FI) Market (By Solution: Commissioning, Routine; By System: Precision Approach Path Indicator (PAPI), Instrument Landing System (ILS), Very High Frequency (VHF), Omni-Directional Range (VOR), Distance Measuring Equipment (DME); By End User: Commercial Airports, Defense Airports) - Global Industry Analysis, Market Size, Opportunities and Forecast 2020 - 2027
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The global flight inspection (FI) market is anticipated to reach market size of around US$ 8,000 Mn by 2027 and is anticipated to grow at a CAGR of around 3% in terms of revenue during the forecast period 2020 – 2027.
Air inspection was a critical aspect of the integrity of the air transport industry for a long time. The definition is almost as ancient as the airways. The first flight inspectors flew open-cockpit war surplus biplanes bounced around and tested over an increasing airway infrastructure based on airway light beacons to provide navigational guidance. The introduction of radio navigation gave the flight inspector an added value, as his only job was to assess the radio broadcasters from where they were being used in the air. The flight inspection became an important aspect with the development of the Instrument Landing System (ILS) and the Very High Frequency Omni Directional Range (VOR). GPS satellites are the basis of air traffic in the new airspace system and are now signaling further improvements to air travel. Aeronautics Branch and the Air Trade Commission, the Civil Aeronautics Department and the new FAA all over there have been quiet and meticulous flight checks, adjustments and improvements across numerous government departments with responsibilities for air safety. As air travel and emerging technology begin to expand, the critical means of flight inspection have also evolved, but its basis that of guaranteeing aviation protection, remains identical.
Market Insights
Growing pilot assist and aircraft control systems would contribute to the development of the flight inspection market over the course of the report. The use of airport visual aids has been expanded by improved flight operations under lower conditions of visibility and by preservation of normal safety standards. In addition, the development of the sector would escalate further inspection operations and upgrading programmers at airports. The growth of ground-based navigation systems will be encouraged by an increased air traffic frequency and by the improvement of existing airport facilities. For instance, in October 2014, the new ILS navigational aids to promote better operations of large aircraft including Airbus A380, Boeing 747-800 and others have been laid out at Sharjah International Airport. In 2017, Dubai Aviation Engineering Projects (DAEP) unveiled an Al Maktoum airport expansion project containing the Cat IIIB paths that will drive business demand for flight inspection. Advances in safety instruments and protocols on aircraft landing would make a big contribution to the development of the industry. In order to meet expectations and legal criteria, airlines are involved in the incorporation of navigational assistance. The Agreement with the Bahrain Airport Company (BAC) was concluded in October 2018 to upgrade ILS and AIN systems in Bahrain. Furthermore, the introduction of CAT I into CAT II ILS systems greatly decreases diversion of aircraft and delays that enable growth in the industry.
Legislation on civil aviation safety regulations is implemented by regulatory bodies including Federal Aviation Administration (FAA), Latin America Civil Aviation Commission (LACAC) and the China Civil Aviation Administration. For instance, EUROPEAN AVIATION SAFETY AGENCY (EASA) performs several certifications and tracks regulatory flight inspection requirements. Moreover, Latin America Civil Aviation Commission (LACAC) focus in Latin America is the implementation of air liberalized and flight inspection technical requirements that support the scale of the industry. The new requirements for these devices are likely to expand the business size of the flight inspection. Due to the vast number of airports and expanded aircraft supplies to support air traffic, Latin America has a big role in the flight inspection market. For instance, in November 2017, to improve operating costs and to accommodate air travelers, Boeing has announced that they will supply Boeing 737 MAX 8 aircraft to Aerolineas Argentina. The expansion of the air fleet and the development of economic conditions have a positive effect on the scale of the market during forecast period.
Some of the prominent players in the flight inspection (FI) market include Cobham, Bombardier, Textron, Aerodata, Saab, Norwegian Special Mission, Safran, Radiola Aerospace, ENAV, FCSL, Airfield Technology, Isavia, NSM, and others.
The global flight inspection (FI) market is segmented as below:
Market Segmentation
Flight Inspection (FI) Market By Solution
Commissioning
Routine
Flight Inspection (FI) Market By System
Precision Approach Path Indicator (PAPI)
Instrument Landing System (ILS)
Very High Frequency (VHF)
Omni-Directional Range (VOR)
Distance Measuring Equipment (DME)
Flight Inspection (FI) Market By End User
Commercial Airports
Defense Airports
Flight Inspection (FI) Market By Geography
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
What will be the market value of the global flight inspection (FI) market?
The market for flight inspection (FI) is expected to reach a market value of around US$ 8,000 Mn by 2027.
At what CAGR, the flight inspection (FI) market is expected to grow during the forecast period (2020-2027)?
The flight inspection (FI) market is expected to grow at a CAGR of around 3% from 2020 to 2027.
Which is the leading segment by end user in the flight inspection (FI) market?
The Commercial airports are the leading segment by end user in the flight inspection (FI) market.
What are the key drivers of the global flight inspection (FI) market?
Increasing air traffic frequency and expansion of existing airport infrastructure will spur the ground based navigational systems growth.
Which are the prominent players in the flight inspection (FI) market?
Cobham, Bombardier, Textron, Aerodata, Saab, Norwegian Special Mission, Safran, Radiola Aerospace, ENAV, FCSL, Airfield Technology, Isavia, NSM, and others are the prominent players in the market.
Which region held the highest market share in the flight inspection (FI) market?
North America held the highest market share in the flight inspection (FI) market.
Which region is expected to be the fastest growing market over the forecast period?
Asia Pacific is expected to be the fastest growing market over the forecast period.
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