The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Growing air traffic is likely to spur innovation in aerospace data recorder production, propelling the market during the forecast period.

The global aerospace data recorder market is expected to grow from $1.64 billion in 2022 to $1.74 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The global aerospace data recorder market size is expected to reach $2.12 billion in 2027 at a CAGR of 5.2%.

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Global Aerospace Data Recorder Market Segments Include:

• By Product: Cockpit Voice Recorder, Flight Data Recorder, Quick Access Recorder, Data Logger
• By Aircraft Type: Wide Body, Narrow Body, Turboprop, General Aviation and Business Jets, Rotorcrafts
• By Application: Commercial, Defense
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global aerospace data recorder market in 2021.

Major Market Players 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.

Product innovation is a significant trend that is gaining traction in the aeronautical data recorder market. To enhance their position in the aeronautical data recorder industry, major businesses are focusing on developing innovative technological solutions. L3 Harris Technologies, Inc., a US-based provider of information technology services and national security solutions, for example, launched “xLDR,” a new extra-lightweight data recorder in July 2022 to address the rising light eVTOL and unmanned aircraft systems industry. It is unique in that it includes an integrated web server, which allows it to discover the core causes of events and provide strategic analysis to decrease risk and increase safety. It is a 50% lighter variant of the current LDR family designed for the burgeoning market for light eVTOL and unmanned aircraft systems. The recorder is expected to improve collection rate, pilot control, and auto-recording.

The Aerospace Data Recorder Global Market Report 2023  provides a aerospace data recorder market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aerospace data recorder market forecast analyzes aerospace data recorder market size, aerospace data recorder market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An aerospace data recorder is an electronic device that records numerous performance parameters as well as vocal communication between crew members within the aerospace cockpit as well as radio voice communications. They are used to record and collect information from sensors.

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