Flight Inspection Market Size
Flight Inspection Market size was at more than USD 5.4 billion in 2022 and is predicted to exhibit a CAGR of more than 4% from 2023 & 2032.
Aviation safety is one of the key drivers that is propelling the industry’s growth. Regulatory authorities across the world, including the Federal Aviation Administration (FAA) in the United States and the International Civil Aviation Organization (ICAO) worldwide, stipulate stringent safety regulations for air transport infrastructure. The regulations insist on periodic flight checks to make sure navigation & communication equipment involving vital ones, like Instrument Landing Systems (ILS) and VHF Omni-Directional Range (VOR), achieve specific performance specifications. These checks are essential to ensuring the utmost safety of air travel.
Flight inspection is an important aviation safety process that includes the testing of navigational aids, airport infrastructure, and airspace facilities. These systems are checked for accuracy & performance using specially fitted aircraft, which ensures that they are compliant with regulatory requirements for safe & accurate air travel.
Flight Inspection Market Report Attributes
Report Attribute Details
Base Year 2022
Flight Inspection Market Size in 2022
USD 5.4 Billion
Forecast Period
2023 to 2032
Forecast Period 2023 to 2032 CAGR
4%
2032 Value Projection
USD 8 Billion
Historical Data for
2018 to 2022
No. of Pages
250
Tables, Charts & Figures
235
Segments covered
Solution, System, Power Source, End User
Growth Drivers
Increase in global air traffic
Increased interest in airport growth and aviation infrastructure development
Safety & regulatory adherence
Increase in environmental & fuel efficiency programs
Navigation system modernization
Pitfalls & Challenges
Elevated equipment & service costs
Data protection & security
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COVID-19 Impact
The COVID-19 pandemic had a significant impact on the flight inspection market in a number of ways such as lower air traffic globally. Due to lockdowns, travel bans, and fewer passenger demands, airports & airlines cut back their operations. This lower air traffic directly impacted the demand for flight inspection services. Numerous routine inspections were delayed or canceled because of the lower demand. Several airport infrastructure projects such as the installation of new navigation & communication systems were also postponed or suspended during the pandemic. Consequently, commissioning flight inspection services for such projects were either delayed or scaled down in scope, affecting market growth.
Flight Inspection Market Trends
“Hi, everyone! You know those useful satellite navigation systems such as GPS and GLONASS that navigate planes across the skies? They’re like guide dogs for pilots. But even the best guide dogs require a checkup every now and then. That’s where flight inspection services step in. They ensure these navigation systems are accurate by testing and calibrating them from time to time. Technology never rests, and neither do these flight inspection services. As satellites become more intelligent, they’ll have to continue doing a good job to ensure we’re all flying safely. And let’s not forget the sneaky cybercriminals who love to attack important things like navigation systems. Don’t worry, flight inspection companies are now like cyber security watchdogs. They sniff out vulnerabilities, track down threats, and ensure our flying machines are safe from these bad guys.”
Flight Inspection Market Analysis
Find out more about the important segments driving this market
Depending on solution, the flight inspection market is categorized into commissioning and routine. The routine segment had a market share of more than 60% in 2022 and is likely to expand at a profitable rate until 2032. Routine flight inspections are necessary for aviation infrastructure maintenance and safety. Regular inspections detect and solve problems with navigation & communication systems before they result in safety risks or operational issues. By detecting & resolving possible problems through routine inspections, airports & aviation authorities can also avoid monetary losses resulting from dangerous accidents that happen as a result of system failure.
In ensuring planes land safely, airport authorities have several tools they employ to direct pilots. These include such things as PAPI lights, ILS systems, VOR, and DME. Among all these, ILS systems have been increasing very rapidly, by about 5% annually until 2032. That is because aircraft today have sophisticated new navigation systems that require additional assistance while landing. ILS systems provide them with that assistance. As we acquire larger and better aircraft, the demand for precise ILS systems and the inspections that verify how well they are functioning increases. Airports greatly profit from excellent ILS systems since it will allow aircraft to land faster and without hold-ups, particularly if the weather is poor. That ensures operations smooth out and customers are kept in good humor. To ensure things remain in tip-top condition, airports and aeronautics authorities continue spending on the maintenance and improvement of their ILS facilities, subsequently increasing demand for flight inspection services.
North America flight inspection market is anticipated to expand at a CAGR of more than 5% during the period 2023-2032. North America is a technology and innovation hub for aviation. The region is a pioneer in the implementation of advanced navigation systems, including satellite-based navigation (e.g., GPS), which necessitates specialized flight inspection services for commissioning and periodic maintenance. Demand for flight inspections rises with the implementation of more sophisticated and integrated technologies.
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Flight Inspection Market Share
Major players operating in the flight inspection market are
- Aerodata AG
- Airfield Technology Inc
- Bombardier Inc.
- Cobham PLC
- ENAV S.p.A
- Flight Calibration Services Limited
- Mistras Group Inc.
- Norwegian Special Mission AS
- Radiola Limited
- Saab AB
- Safran S.A.
- ST Engineering
- Textron Aviation Inc.
These players heavily invest in research activities to introduce innovative services and garner the maximum market revenue.