What Has Been The Evolution of the Aerospace Data Recorder Market in Recent Years?
The aerospace data recorder market has seen considerable growth due to a variety of factors.
• The market size of the aerospace data recorder has seen robust growth in the past few years. The market, which stood at $1.81 billion in 2024, is predicted to reach $1.91 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.9%. Factors contributing to growth during the historic period include insights from accident investigations, standardization of data recording formats, the launch of flight data recorders (FDRs), mandates for cockpit voice recorder (CVR), and the development of solid-state recorders.
How Will the Aerospace Data Recorder Market Size?
The Aerospace Data Recorder market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of aerospace data recorders is predicted to experience substantial growth in the forthcoming years. It is likely to expand to $2.4 billion by 2029 with an annual compounded growth rate (CAGR) of 5.8%.
This anticipated growth during the forecasted period is due to factors like the broadening of commercial aerospace, regulatory compliance modifications, creation of cutting-edge recorders, emphasis on cybersecurity initiatives, and the increasing embracement of cloud-based solutions. The period is also set to witness trends such as improvements in data storage capacity, progression in data encryption, assimilation of flight data assessment, minimization and weight deduction, along with adherence to regulatory standards.
Which Factors Are Boosting Growth In The Aerospace Data Recorder Market?
The proliferation of air travel is projected to drive the aerospace data recorder market. The term air traffic describes the total number of passengers who use the airport for boarding, as well as the transport of goods and services via air. As the number of air passengers grows, it will demand the execution of sophisticated technology in aircraft design to enhance safety measures, including the recording of flight data and cockpit voices to improve flight performance. For example, International Air Transport Association (IATA), which is based in Canada and represents global airlines, reported a 229.5% rise in international air traffic in 2022 compared to 2021, and overall air traffic grew by 76.2% in the same year. Thus, the escalating volume of air traffic is fuelling demand for the aerospace data recorder market.
What Key Areas Define The Segmentation Of The Global Aerospace Data Recorder Market?
The aerospace data recorder market covered in this report is segmented –
1) By Product: Cockpit Voice Recorder, Flight Data Recorder, Quick Access Recorder, Data Logger
2) By Aircraft Type: Wide Body, Narrow Body, Turboprop, General Aviation And Business Jets, Rotorcrafts
3) By Application: Commercial, Defense
Subsegments:
1) By Cockpit Voice Recorder: Digital Cockpit Voice Recorders, Analog Cockpit Voice Recorders, Integrated Voice Recorders
2) By Flight Data Recorder: Solid-State Flight Data Recorders, Analog Flight Data Recorders, Next-Generation Flight Data Recorders
3) By Quick Access Recorder: Data Retrieval Systems, Interface Systems For Flight Data, Ruggedized Quick Access Recorders
4) By Data Logger: Aircraft Performance Data Loggers, Environmental Data Loggers, Maintenance Data Loggers
Pre-Book The Aerospace Data Recorder Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are Emerging Trends Reshaping The Dynamics Of The Aerospace Data Recorder Market?
The rising popularity of product innovations is a notable trend in the aerospace data recorder market. Numerous leading corporations in the sector are honing their focus on creating advanced technological solutions to bolster their position. For instance, L3 Harris Technologies, Inc., a US-based firm known for its services in information technology and national security solutions, unveiled a new extra-lightweight data recorder called xLDR in July 2022. This was specifically created to cater to the burgeoning light eVTOL and unmanned aircraft systems market. The xLDR, built with an integrated web server, offers capabilities that aid in pinpointing the origins of incidents while delivering strategic insights to mitigate risk and enhance safety. This version is 50% lighter than the existing LDR series and is made to serve the expanding light eVTOL and unmanned aircraft systems market. The new recorder is projected to boost data gathering rates, pilot-control capabilities, and automated recording.
Who Are the Key Players In The Aerospace Data Recorder Market?
Major companies operating in the aerospace data recorder market include:
• L3 Technologies Inc.
• Teledyne Technologies LLC
• RUAG International Holding AG
• Curtiss-Wright Corporation
• AstroNova Inc.
• Universal Avionics Systems Corporation
• FLYHT Aerospace Solutions Ltd.
• Leonardo DRS
• Honeywell International Inc.
• Flight Data Systems Pty. Ltd.
• HR Smith Group
• Danelec Marine A/S
• ACR Electronics Inc.
• Phoenix International Holdings
• MadgeTech Inc.
• Airbus SAS
• Safran S A
• SLN Technologies Pvt. Ltd.
• DAC International Inc.
• Raytheon Company
• Consilium AB
• Captec Ltd.
• Telemar Norge AS
• Advent of Advanced Technologies
• Modern Features
• Northrop Grumman
• RTX Corporation
What Is The Most Dominant Region In The Aerospace Data Recorder Market?
North America was the largest region in the aerospace data recorder market in 2024. The regions covered in the aerospace data recorder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
