Attractive Opportunities
Global Demand Analysis & Sales Opportunities in Aircraft Flight Recorder Market
- The annual demand for aircraft flight recorder was USD 124.2 million in 2024 and is expected to reach USD 129.54 million in 2025, up 4.3% than the value in 2024.
- During the next 8 years (forecast period of 2025-2032), the aircraft flight recorder market is expected to grow at a CAGR of 3.9%. The annual demand will reach of USD 169.32 million in 2032.
- During 2025-2032, the aircraft flight recorder industry is expected to generate a cumulative sales opportunity of USD 1193.37 million.
High-Growth Market Segments:
- North America is expected to be the dominant and fastest-growing region over the forecasted period.
- By Type, Cockpit Voice and Data Recorder (CVDR) segment is expected to be the fastest-growing during the forecast period.
- By End-Use type, Commercial segment dominated the market with the largest share in 2024.
Market Statistics
Have a look at the sales opportunities presented by the aircraft flight recorder market in terms of growth and market forecast.
Aircraft Flight Recorder Market Data & Statistics
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Market Statistics
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Value (in USD Million)
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Market Growth (%)
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Annual Market Size in 2023
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USD 118.62 million
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-
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Annual Market Size in 2024
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USD 124.2 million
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YoY Growth in 2024: 4.7%
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Annual Market Size in 2025
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USD 129.54 million
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YoY Growth in 2025: 4.3%
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Annual Market Size in 2032
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USD 169.32 million
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CAGR 2025-2032: 3.9%
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Cumulative Sales Opportunity during 2025-2032
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USD 1193.37 million
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-
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Top 10 Countries’ Market Share in 2024
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USD 105 million +
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> 80%
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Top 10 Company’s Market Share in 2024
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USD 62 million to USD 87 million
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50% - 70%
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Market Dynamics
Introduction:
What is the aircraft flight recorder?
A flight recorder, often called a “black box,” is a vital device installed in aircraft. It captures flight data and cockpit audio to help investigators understand incidents. Typically located in the tail for better protection, it can store up to 25 hours of information and includes an underwater locator beacon for recovery.
Market Drivers:
Rising Aircraft Deliveries by OEMs
- With global air travel on the rise and defense budgets growing, aircraft manufacturers like Airbus and Boeing are increasing production to meet demand. Every new aircraft is equipped with certified flight data and voice recorders, making these systems essential.
Regulatory Mandates on Safety Compliance
- The aircraft flight recorder market is growing steadily due to strict safety mandates from global aviation authorities like the FAA, EASA, and ICAO. These regulations require all commercial and many military aircraft to be equipped with certified flight data and cockpit voice recorders. To comply, OEMs and MROs are adopting advanced, regulation-compliant systems with extended recording capacity, crash resistance, and underwater locator beacons.
Market Challenges:
Technical and Operational Reliability
- Technical and operational reliability remains a key challenge in the aircraft flight recorder market. These systems must perform flawlessly under extreme conditions such as high impact, fire, and deep-sea immersion. Ensuring consistent performance, fault-free recording, and long-term durability demands rigorous testing, robust design, and ongoing maintenance, raising complexity and lifecycle costs.
Market Opportunities:
Technological Advancements in Recorder Systems
- Technological advancements in flight recorder systems present a strong growth opportunity for the market. Features like extended recording time, crash survivability, and real-time data streaming enhance safety and operational efficiency. Next-generation recording systems are being integrated into new aircraft builds, enabling predictive maintenance and advanced flight analytics across both commercial and military fleets.
Segment Analysis
Segmentations
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List of Sub-Segments
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Segments with High-Growth Opportunity
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Type Analysis
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Flight Data Recorder (FDR), Cockpit Voice Recorder (CVR), and Cockpit Voice and Data Recorder (CVDR)
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Cockpit Voice and Data Recorder (CVDR) segment is anticipated to dominate the market with the highest CAGR during the forecast period.
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End-User Analysis
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Commercial Aviation and Military Aviation
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Commercial segment dominated the market with the largest share in 2024.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America accounted for the largest market share and is further expected to be the fastest-growing region over the forecasted period.
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By Type
“Cockpit Voice and Data Recorder (CVDR) segment is anticipated to dominate the market with the highest CAGR during the forecast period.”
- The aircraft flight recorder market is segmented by type into flight data recorder (FDR), cockpit voice recorder (CVR), and cockpit voice and data recorder (CVDR).
- Cockpit Voice and Data Recorder (CVDR) segment is anticipated to dominate the market with the highest CAGR during the forecast period, due to its ability to combine voice and flight data recording in a single, compact unit. This integration reduces weight and space, simplifies installation, and enhances compliance with evolving safety regulations, making it a preferred choice for both OEMs and MROs.
By End-User Type
“Commercial segment dominated the market with the largest share in 2024.”
- The aircraft flight recorder market is segmented by end-user type into commercial aviation and military aviation.
- Commercial segment dominated the market with the largest share in 2024, due to the high volume of commercial aircraft deliveries and rising global air traffic. Airlines are required by aviation authorities to equip all aircraft with certified flight data and voice recorders.
- Regular fleet expansions, MRO activity, and strict safety regulations further reinforced this segment’s leading market share.
Regional Analysis
“North America accounted for the largest market share and is further expected to be the fastest-growing region over the forecasted period.”
- In terms of region, the aircraft flight recorder market is segmented into the North American region, the European region, the Asia-Pacific region, and the rest of the world.
- North America accounted for the largest market share and is further expected to be the fastest-growing region over the forecasted period, due to its well-established aerospace industry, presence of major OEMs like Boeing and Lockheed Martin, and stringent FAA safety regulations.
- Additionally, continuous investments in defense and commercial aviation, along with advanced MRO infrastructure and rapid adoption of next-gen flight data technologies, further propelled the regional growth.
Competitive Landscape
Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the aircraft flight recorder market -
- Curtiss-Wright
- L3Harris Technologies
- Leonardo
- Mercury Systems
- Elbit Systems
- Flight Data Systems
- General Electric
- Honeywell
- Safran
- UAV Navigation
Note: The above list does not necessarily include all the top players in the market.
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Recent Developments/Mergers & Acquisitions:
- In April 2024, L3Harris announced a major avionics contract with Air India to supply their SRVIVR25 voice and data recorder systems for the airline’s Boeing 737?8 fleet. The initial order covers 100 aircraft, with an option for an additional 40, marking L3Harris’s first avionics partnership with Air India since its acquisition by the Tata Group.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Market Study Period
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2019-2032
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Base Year
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2024
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Forecast Period
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2025-2032
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Trend Period
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2019-2023
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Number of Tables & Figures
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>100
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Number of Segments Analysed
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3 (Type, End-Use Type, and Region)
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Number of Regions Analysed
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4 (North America, Europe, Asia-Pacific, Rest of the World)
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Countries Analysed
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15 (The USA, Canada, Mexico, Germany, France, Italy, The UK, China, Japan, India, Brazil, Saudi Arabia, Rest of Europe, Rest of APAC, and Rest of the World)
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Free Customization Offered
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10%
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After Sales Support
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Unlimited
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Report Presentation
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Complimentary
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Market Dataset
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Complimentary
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Further Deep Dive & Consulting Services
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10% Discount
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Market Segmentation
This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The aircraft flight recorder market is segmented into the following categories.
Aircraft Flight Recorder Market, by Type
- Flight Data Recorder (FDR)
- Cockpit Voice Recorder (CVR)
- Cockpit Voice and Data Recorder (CVDR)
Aircraft Flight Recorder Market, by End-User Type
- Commercial Aviation
- Military Aviation
Aircraft Flight Recorder Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, Italy, The UK, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aircraft flight recorder market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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