Global Aviation Digital Storage Market 2023

The global aviation digital storage market is anticipated to increase by USD 84.6 million till 2029 at an average annual growth of 2.2 percent as per the latest market estimates.

This industry report offers market estimates of the global market, followed by a detailed analysis of the equipment type, aircraft type, and region. The global market data on aviation digital storage can be segmented by equipment type: cockpit voice & data recorder (CVDR), cockpit voice recorder (CVR), data transfer units (DTU), flight data recorder (FDR), quick access recorder (QAR). According to the research, the FDR segment had the largest share in the global aviation digital storage market. Aviation digital storage market is further segmented by aircraft type: commercial aircrafts, military aircrafts. In 2022, the commercial aircrafts segment made up the largest share of revenue generated by the aviation digital storage market. Based on region, the aviation digital storage market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, North America was accounted for the highest revenue generator in 2022.

The commercial aircrafts market is further segmented into passenger aircrafts, cargo jets, helicopters. The latest analysis indicates that the passenger aircrafts segment occupied the largest share of this market in 2022 and is expected to draw the highest demand in coming years. Furthermore, the military aircrafts market has been categorized into fighter jets, cargo jets, helicopters, others. Globally, the fighter jets segment made up the largest share of the aviation digital storage market.

The global aviation digital storage market is highly competitive. As of 2022, the major players in the global aviation digital storage market were ACR Electronics Inc., Curtis-Wright Corporation, Elbit Systems Ltd., GE Aviation, Honeywell International Inc., L3Harris Technologies Inc., Leonardo S.p.A., Niron Systems & Projects Ltd., Safran S.A.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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