DALLAS, Aug. 6, 2014 /PRNewswire-iReach/ -- The global cockpit voice recorder (CVR), flight data recorder (FDR), towed pinger locator (TPL), and distress radio beacon (DRB) market is estimated to be $136.74billion in 2014. The market is expected to register a CAGR of 3.22% to reach approximately $166.03billion by 2020. The growth in Cockpit Voice & Flight Data Recorder Market (Black Box) is driven by the need to investigate accidents and related incidents in avionics.CVRs and FDRs play a vital role in recording radio transmission and sounds in the aircraft alongside monitoring parameters such as altitude, airspeed, and heading. Commercial and military aircraft are equipped with two black boxes. These devices can be mounted on a unique or on separate platforms. The failure to retrieve the black box on the Malaysian airline flight MH370 has created a need to reduce the dependence on FDRs and CVRs; and come up with a new foolproof technology that can transmit flight data in real-time to the ground station. The report elaborates the drivers, challenges, opportunities, and restraints of the market. It gives an insight into the market and industry trends.It profiles the leading competitors in this market and provides a general overview of these companies with their products and services, financial analysis, and their key developments. North America and Europe will see a stable growth in the CVR and FDR market. Asia-Pacific is an emerging market in this industry. Complete report is available at http://www.rnrmarketresearch.com/cockpit-voice-black-box-towed-pinger-locator-distress-radio-beacons-flight-data-recorder-market-by-application-commercial-military-uavs-by-geography-north-america-latin-america-th-market-report.html.
The Cockpit Voice (Black Box), Towed Pinger Locator, Distress Radio Beacons & Flight Data Recorder Market will unlock the growth potential in avionics, as everything from flight control inputs, throttle movement, speed and altitude; to GPS location, engine RPM, oil pressure, and system warnings have been captured. International and domestic carriers will continue to demand more airplanes, owing to improved technology and expansion in Asia. With newer airplanes, and more data voice recorders manufactured by the industry will be in higher demand.
Companies like L-3 Communication Holdings., HR Smith Group, Teledyne Technologies., Honeywell International Inc., Universal Avionics System Corporation, Pheonix International, Inc, Artex, DAC International, Inc and Curtis Wreight are profiled in this research available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=201737 .
Table of Content
1.2.1 Market Definition
1.2.2 Geographic Scope
1.2.3 Forecast Period
1.5 Research Methodology
1.5.1 Market Research Approach
1.5.2 Market Research Data
220.127.116.11 Key Data Taken From Primary Sources
18.104.22.168 Key Data Taken From Secondary Sources
1.5.3 Data Triangulation
1.6 Report Description
2 Executive Summary
3 Market Overview
3.2 Markets Covered
3.3 Market Segmentation
3.4 Market Dynamics
22.214.171.124 Increasing Number of Aircraft Orders
126.96.36.199 Modernization of Aircraft Program
188.8.131.52 Growing Number of Air Traffic
184.108.40.206 Impact Analysis of CVR & FDR Market Drivers
220.127.116.11 Uncertain Financial Environment
18.104.22.168 Poor Travel Growth Rate of Passengers
22.214.171.124 Impact Analysis of Cockpit Voice Recorder and Flight Data Recorder Market Restraints
126.96.36.199 Challenges in Manufacturing
188.8.131.52 Technology Challenges
4 Trend Analysis
4.1 Industry Trend
4.1.1 Joint Venture and Mergers By Companies
4.2 Technology Trend
4.2.1 Reduction in Weight and Size of Instruments
4.2.2 Evolution of Solid State Cockpit Voice Recorders
4.2.3 Real Time Flight Data Transmission
4.3 Market Trend
4.3.1 Integration of Cockpit Voice Recorder With Flight Data Recorder
5 Global CVR & FDR Market
5.1 Cockpit Voice Recorder
5.2 Flight Data Recorder
5.3 Distress Radio Beacon
5.4 Towed Pinger Locator
6 Global CVR & FDR, By Application
6.1 Commercial Application
6.2 Military Application
7 Geographic Analysis
7.1 Global Cockpit Voice Recorder & Flight Data Recorder Market, By Geography
7.1.1 North America: CVR & FDR Market
7.1.2 Europe: CVR & FDR Market
7.1.3 APAC: CVR & FDR Market
7.1.4 The Middle East: CVR & FDR Market
7.1.5 Latin America: CVR & FDR Market
8 Competitive Landscape
8.2 Geographical Analysis
9 Company Profiles (Details for each company include Overview, Product & Services, Strategies & Insight, Key Developments, SWOT analysis and publisher view).
9.1 L-3 Communication Holdings.
9.2 HR Smith Group
9.3 Teledyne Technologies.
9.4 Honeywell International Inc..
9.5 Universal Avionics System Corporation
9.6 Pheonix International, Inc
9.8 DAC International, Inc
9.9 Curtis Wreight
10.2 Products & Services
10.3 Strategy & Insights
10.5 Publisher View
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