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Commercial aircraft production to increase flight inspection market share over 2019-2025

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Global flight inspection market is expected to witness high growth on account of the stringent government regulations which support regular flight inspection to ensure passenger safety. Additionally, the increase in utilization of advanced flight inspection systems to replace the traditional techniques has helped to cut down the airport operational cost, thus supporting the positive flight inspection market forecast over 2019-2025. Furthermore, the ever-expanding number of airports and ongoing construction activities to promote modernization of aged out airport facilities will augment flight inspection industry size the over the forecast period.

U.S. Flight Inspection Market, By Solution, 2018 & 2025, (USD Million)

U.S. Flight Inspection Market, By Solution, 2018 & 2025, (USD Million)

The growing airport construction activities across the globe is anticipated to support the expansion of flight inspection industry share. Currently, Asia Pacific leads in the number of airport construction activities owing to high investments from the countries comprising China and India to develop air travel in the region. In order to support expansion of air traffic in the continent, a number of construction projects related to new and existing airports are in the pipeline, which will accelerate the demand for flight inspection systems. For instance, China government has been developing the third international airport, Beijing Daxing International Airport in the capital city of Beijing that will open for service before September 30, 2019.

Along with the growing airport infrastructure, the technological advancements of flight inspection systems have been positively supporting flight inspection industry outlook. The industry may witness growing penetration of drones for the purpose of flight inspection. These compact drones integrated with multiple sensors and high-quality cameras can provide real time data for defect assessment. For instance, Airbus recently revealed an automated drone-based aircraft inspection system that can significantly reduce the time taken for visual inspections of the aircraft.

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Recently developed advanced inspection drones are intended for use within a hangar. After being programmed with a predefined inspection path, the drone automatically flies around the aircraft structure gathering all critical data in the form of high resolution images. These images are then transferred to a technician who compares them with the aircraft’s 3D structural model to locate any surface damages. The system will not only reduce the overall inspection time but also will help to maintain utmost quality during the flight inspections. Less time consumed means less aircraft downtime, and apparently more chances of revenue regeneration for the airline industry, thus augmenting growth trends for commercial flight inspection market share.

Significant growth in the global defense expenditure complemented by the need to integrate advanced radars and other navigational aids to support airfield operations will further accelerate product demand. Additionally, the rising number of defense air bases owing to heightened tensions between some major countries will create large-scale opportunities to foster combat flight inspection industry share.

For instance, the U.S. Defense Department is consistently expanding its presence in Europe due to the growing Russian aggression in the region. Reportedly, the Trump administration wants to spend $828 million in 2019 to build up military infrastructure in Europe, half of which would go toward U.S. Air Force projects.

Furthermore, stringent government regulations to mandate routine flight inspections to ensure passenger safety will also propel service demand during the forecast period. The Federal Aviation Administration (FAA) has introduced U.S. Standard Flight Inspection Manual (USSFIM) which adheres to flight inspection rules for air navigation services. It includes inspection of all airborne and ground-based instrument flight procedures and the airborne validation of electronic signals transmitted from ground navigation systems.

Flight inspection market is majorly driven by the technological advancements in inspection techniques to reduce the flight down time. Similarly, routine inspection forced by government regulations to enforce the need for testing and inspection of flight status after a certain flight cycle will also foster flight inspection system demand. As per report by Global Market Insights, Inc, Flight inspection market size is estimated to exceed USD 1.8 billion by 2025.

Author Name : Amol Kothekar

Aircraft communication system market to procure hefty proceeds from commercial aircraft sales, technological advancements in product development to pave the path for industry growth

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The commendable expansion of the aviation space can be aptly credited for the significant proceeds that aircraft communication system market has been accumulating in the recent years. According to a study conducted by IATA, the average global citizen now undertakes air travel once every 21 months – a significant increase from the 43-month duration in 2000. Not to mention, military expenditure has also observed a rise lately, with governments setting aside a major portion of the national budget for the defense sector. Driven by surging military spending and the rising number of defense aircraft, aircraft communication system market will inevitably propel over the coming years. In order to remain aligned with the exponential demands of the current consumer base, innovative products are also being introduced in aircraft communication system market.

China Aircraft Communication System Market, By Component, 2018 & 2025, (USD Million)
China Aircraft Communication System Market, By Component, 2018 & 2025, (USD Million)

With air travel becoming more affordable, a new generation of jetsetters have come into being, leading to increased air traffic. In consequence, pilots are under tremendous greater pressure to navigate in the congested air space. As the demand for real-time satellite access and air traffic data to undertake rapid decisions increases, aircraft communication system market is likely to receive commendable momentum. For instance, the EU has adopted the SANDRA project that integrates different plane communication systems in a single system. This unit facilitates faster data connectivity and replaces banks of radio hardware with state-of-the-art software systems. Thus, data like weather conditions and air traffic situation that used to be verbally communicated earlier, can now be accessed by pilots in real time through flight computers.

A single system based on IP technology, SANDRA is capable of transmitting data through multiple data links. It can also transmit data to the ground via digital and high-speed satellite, providing communication to the aircrafts in a seamless manner. Indeed, the system has increased aircraft safety owing to the reliable and quick communication between the aircraft and control tower. In consequence, this seems to have encouraged aircraft communication system industry players to advance their capabilities and bring about highly innovative products.

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Speaking of which, SATCOM, one of the pivotal products in aircraft communication system market, has proved itself to be rather crucial in air traffic management. Its increased deployment in military aircrafts is likely to upscale its demand, thereby stimulating aircraft communication system market size from SATCOM.

One of chief drivers for the aircraft communication system market is the exponential growth of the commercial aircraft industry. Considering an instance of Airbus, one of the pioneers of the aerospace industry, the firm has set its goal of tripling its revenues within the next seven years to enable its commercial aircraft business reach $10 billion. It also plans to target measures worth $555 million in 2018 to improve productivity. Furthermore, in the year 2018, Airbus commercial aircraft deliveries rose to 800 – an 11% surge compared to 2017.

Powered by substantially large investments in place, in conjunction with the escalating adoption of low-cost carriers and enhanced regional connectivity, global aircraft communication system industry is likely to accrue massive ROI from the commercial air carrier segment.

With cutting edge innovations being brought forth rapidly in aircraft communication system market, it is rather overt that this business space would thrive commendably in the ensuing years. NASA has recently developed The Aircraft Access to System Wide Information Management that is capable of replacing the underground cables airport communication system with wireless communication. This is one of the instances of high-grade technological advancements prevalent in aircraft communication system industry. As per reliable estimates, aircraft communication system market size is anticipated to cross USD 2.9 billion by 2025.

Author Name : Paroma Bhattacharya