Flight Inspection Market Analysis | 2023-2028

Market Insights

The flight inspection market was estimated at USD 4.27 billion in 2022 and is likely to grow at a CAGR of 5.87% during 2023-2028 to reach USD 6.04 billion in 2028.

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Market Dynamics

Introduction

Flight inspection is the regular analysis of the navigational instructions that are used in aviation operations. Such inspection is conducted in order to ensure ultimate security. Flight inspection is conducted through services as well as systems. Both commercial airports and defense airports have regular flight inspections done for the purpose of safety.

Market Drivers

The major factors driving the growth of the flight inspection market are:

• An increase in expenditure on new airport developments as well as existing airport infrastructure developments.
• The surge in routine and commissioning inspection activities.
• Special flight inspection programs.

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Key Players

Some of the major players in the flight inspection market are:

• Aerodata
• Airfield Technology
• Bombardier
• Cobham plc
• ENAV S.p.A.
• Norwegian Special Mission
• Radiola Aerospace Limited
• Saab AB
• Safran S.A.
• Textron.

Note: The above list does not necessarily include all the top players in the market.

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Segments Analysis

By Solution Type

Based on the solution type, the market is segmented into services and systems. The system segment is estimated to grow at a higher CAGR during the forecast period and is likely to command the market. An increasing number of new airport development programs and increasing expenditure by emerging economies on airport infrastructure are the prime factors boosting the growth of the flight inspection market.

By End-User Type

Based on the end-user type, the market is segmented as commercial airports and defense airports. The defense airports segment is estimated to dominate the market during the forecast period, driven by the increasing number of tactical forward airbases and defense airports, triggered by the increase in the expenditure on military infrastructure.

Regional Insights

In terms of regions, North America accounted for the largest share of the market in 2022, followed by Europe and Asia Pacific. This growth of the market was owing to rising passenger traffic in countries such as Brazil and Mexico and the development and modernization of airports in the US and Canada. In the Americas, the US is dominating the overall market in the region. The reason for this enormous dominance of the US is primarily due to the airport expansion programs and the presence of flight inspection system manufacturers in the country.

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Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects flight inspection market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The flight inspection market is segmented into the following categories.

By Solution Type

• Services
• System

By End-User Type

• Commercial Airports
• Defense Airports

By Region

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the solution types by end-user type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.