Flight Data Recorder Market Share

Flight Data Recorder (FDR) Market Scenario

Flight Data Recorder (FDR) Market Size is expected to reach USD 1.3804 Billion by 2032, registering a CAGR of 4.51% during 2024-2032.

Aerospace data recorders are electronic devices that are used to record or collect any electronic signals sent to the aircraft as well as to record the conversation between the pilots and the on-board crews and air traffic controller. Flight data recorder market is witnessing significant growth, mainly due to the rapidly rising air passenger traffic and the subsequent demand for more aircraft feel about managing the increasing air traffic.

As of 2016, there were more than 22,000 active aircraft across the globe. The existing fleets are expected to be replaced by more than 40,000 new aircraft, over the next 20 years, and the global fleet is likely to reach 45,000 aircraft by 2036. Moreover, the high demand for air travel in the emerging regions, such as Asia, Latin America, and the Middle East, lead to an increase in the number of aircraft in these regions. As a result, approximately 22,000 aircraft are expected to be delivered to these regions in the next 20 years.

On the other hand, it is expected that over 15,000 aircraft would be delivered in developed regions such as North America and Europe, by 2036. Modernization of aircraft fleets with the latest technology and stringent government regulations are some of the other primary factors driving the demand in the flight data recorder market. The rising demand for accurate and precise flight data among the airline operators and defense forces, also adds to the market growth.

Segmentation of the Global Flight Data Recorder Market

The FDR market is segmented on type, technology, and region. Based on type, the market has been segmented into a cockpit voice recorder (CVR), quick access recorder, and data loggers. The CVR segment is expected to witness the highest CAGR during the forecast period. The high use of CVR to record the audio environment in the flight deck for accidents and incident investigation purposes is one of the key factors expected to propel the growth of this segment. Based on technology, the market has been segmented into flashcards, cloud computing, and solid-state cockpit voice recorder. The flashcards segment is expected to grow at the highest CAGR during the forecast period.

Based on the region, the market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latine America. The market for flight data recorder systems is expected to dominate in the North American region due to the rapidly rising research and development activities here. Established the aviation industry and supporting infrastructure also aids the growth of the market. Existence of sophisticated technology and significant manufacturers in the North American region has significantly contributed to the growth of the flight data recorder market in the North American region.

Rapidly rising air passenger traffic in the Asia-Pacific region has been key to the high growth rate in this region. Increasing government investment towards the development of new airports and upgradation of old ones have been other major factors driving the growth of this market.

Key Players

The key players in the global FDR Industry are AstroNova Inc. (US), Curtiss-Wright Defense Solutions (US), FLHYT Aerospace Solutions Ltd (Canada), Honeywell International Inc. (US), L3Harris Technologies Inc. (US), Leonardo DRS (US), RUAG Group (Switzerland), SLN Technologies (India), Teledyne Technologies Incorporated (US), and Universal Avionics Systems Corporation (US).

Research Methodology

The FDR market values and forecast are derived using the Market Research Future (MRFR) research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.

Secondary Research

In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.

Primary Research

In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.

Key Insights

• FDR Market Sizing, Forecast, and Analysis: Detailed coverage of the market segment and sub-segments


• Regional/Country Trends and Forecast: Detailed analysis of the market in North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America, along with key countries in each region


• Market Dynamics Intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and value chain analysis


• Technology Trends, Regulatory Landscape, and Patent Analysis Outlook


• Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, and strategic developments including joint ventures, product launches, and mergers & acquisitions


• Regional attractiveness and related growth opportunities

Report Customization MRFR offers report customization to valued customers. Below are the options available for customization: Company Profiles In-depth profiling of additional market players (3 to 4 companies) Country-Level Analysis Detailed analysis of a country-level market and related segments as per the report scope (subject to data availability)

Intended Audience

• Distributor & supplier companies


• End users


• Consultants and investment bankers


• Government as well as independent regulatory authorities