Flight Inspection Market Growth 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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What is flight inspection?

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 Dynamics

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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Segments Analysis

By Solution Type

Based on the solution type, the market is segmented into services and system. 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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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 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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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.

Research Methodology

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 conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with 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 the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

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.