Over the last few years, flight inspection market has been experiencing strong growth owing to surging use of flight inspection systems which are designed to test the navigational aids of aircrafts. Basically, the system ensures the overall reliability of the guidance systems used to assure safe landing of the aircrafts.
Regulatory organizations like FAA and ICAO govern such inspection and maintenance activities, thus weighing on the passenger safety. Worldwide increasing number of airports complemented by the sharp growth in number of business travels and tourisms are expected to augment the flight inspection market outlook.
The factors which will fuel the ever-expanding aviation industry will also be responsible for stimulating market growth trends during the forecast period. Some of leading trends proliferating market size are stated underneath.
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The growing airport construction activities across the globe is anticipated to support the expansion of flight inspection market 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 market 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.
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.
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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 market 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.
Major Key Points from Table of Content:
Chapter 4. Flight Inspection Market, By Solution
4.1. Global market share by solution, 2018 & 2025
4.2.1. Global market estimates and forecasts, 2013 – 2025
4.2.2. Market estimates and forecast, by region, 2013 – 2025
4.3.1. Global market estimates and forecasts, 2013 – 2025
4.3.2. Market estimates and forecast, by region, 2013 – 2025
Chapter 5. Flight Inspection Market, By System
5.1. Global market share by system, 2018 & 2025
5.2. Precision Approach Path Indicator (PAPI)
5.2.1. Global market estimates and forecasts, 2013 – 2025
5.2.2. Market estimates and forecast, by region, 2013 – 2025
5.3. Instrument Landing System (ILS)
5.3.1. Global market estimates and forecasts, 2013 – 2025
5.3.2. Market estimates and forecast, by region, 2013 – 2025
5.4. Very High Frequency (VHF) Omni-Directional Range (VOR)
5.4.1. Global market estimates and forecasts, 2013 – 2025
5.4.2. Market estimates and forecast, by region, 2013 – 2025
5.5. Distance Measuring Equipment (DME)
5.5.1. Global market estimates and forecasts, 2013 – 2025
5.5.2. Market estimates and forecast, by region, 2013 – 2025
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