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Cockpit Voice (Black Box) Market worth $166.08 Million by 2020

According to market research “Cockpit Voice (Black Box), Towed Pinger Locator, Distress Radio Beacons, Flight Data Recorder Market by Application( Commercial, Military, UAV’s) by Geography( North America, Latin America, The Middle East, APAC, and Europe)- Forecast and Analysis to 2014 - 2020” The cockpit voice recorder and flight data recorder market is expected to be at $136.74 million in 2014 and is expected to register a CAGR of 3.22% to reach $166.08 million by 2020.

Browse 50 market data tables, 41 figures spread through 138 pages and in-depth TOC on “Cockpit Voice (Black Box) Market”
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This report offers a market analysis of the cockpit voice recorder and flight data recorder market over the next six years. It offers insights on an overview of the market drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in the cockpit voice recorder and flight data recorder.It tracks, analyzes, and lays out, the market size of the major spenders in each region .The report also evaluates the market share of cockpit voice recorder, flight data recorder, distress radio beacon, and towed pinger locator through procurement, integration, and maintenance.It provides information of the leading competitors in the cockpit voice recorder and flight data recorder market.

This report provides a market analysis of the cockpit voice recorder (CVR) and flight data recorder (FDR) market over the next six years. It contains an analysis of the market drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends currently prevalent in this market. It offers insights into the market size of the cockpit voice recorder and flight data recorder market over the next six years and talks about the market share of different sub-sectors for each region.

This report offers a detailed analysis of the CVRs, FDRs, towed pinger locators (TPL), and distress radio beacons (DRB).

The key players in cockpit voice recorder and flight data recorder market include Universal Avionics, L-3 Aviation Recorders, Teledyne Controls, Honeywell Aerospace, and Techtest.

This report segments the cockpit voice recorder and flight data recorder market on the basis of technology, product, application, regions, and countries. Further, it contains revenue forecasts and analyzes technological trends that are predominant in this market. The geographical analysis contains an in-depth classification of the Americas, Europe, APAC, and the Middle East, covering major countries and their respective markets. The sections and sub-segments in the report cover market drivers, restraints, opportunities, challenges, and current trends will revolutionize the cockpit voice recorder and flight data recorder market.

Major players in this market include Universal Avionics, L-3 Aviation Recorders, Teledyne Controls, Honeywell Aerospace, and Techtest.

North America and Europe have been the biggest markets for CVR. In the recent economic scenario, defense budget cuts have cause turbulence in these markets. Emerging economies such as China and India look more attractive given the newer opportunities in the CVR and FDR market.

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Key markets such as Russia, China, India, and Japan are expected to drive growth in the market. China remains a tough market to crack, owing to strict government regulations in the defense sector, indigenous programs, copyright issues with respect to military applications, and use of technology.

While designing a CVR unit, decisions must be made to map various parts of the information hierarchy to user actions. Mapping hierarchy information to CVR and FDR will be one of the major challenges of this market.

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