System Segment to Dominate North America Flight Inspection Market During 2020–2027    

According to a new market research study on “North America Flight Inspection Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Solution and End User,” is expected to reach US$ 2,976.18 million by 2027 from US$ 1,759.31 million in 2020. The market is estimated to grow at a CAGR of 7.8% from 2020 to 2027. The report provides trends prevailing in the North America flight inspection market along with the drivers and restraints pertaining to the market growth. Growing air traffic volume and military forces emphasizing continuous flight inspection are the major factor driving the growth of the North America flight inspection market. However, less technical awareness in several countries hinders the growth of North America flight inspection market.   

In case of COVID-19, North America is highly affected specially the US. The economic growth has lowered which delayed the ongoing projects of commercial and defense upgradation. US is one of the major exporters of aircraft but owing to disrupted supply chain and lowering economic conditions of importing countries the export revenue is lowered. Enhancing trade relation to support international supply post lockdown helped market to regain its position. The limiting strength of workforce due to physical distancing model hampered the production activities in country. The demand for aircraft is lowered which created severe impact on the aircraft manufacturing companies. For instance, Boeing company has expected to lower demand from market than their previous prediction amid COVID-19. The pandemic has lowered their expectation such as in new report they predicted 11% drop in demand from its forecast a year ago. Such lowering demand and sale of aircraft has direct impact on the adoption of flight inspection system and service which hindered the market growth.

The North America flight inspection market is segmented based on solution, end user, and country. Based on solution, the market is segmented into system and service. The system segment dominated the market in 2019 and services segment is expected to be fastest growing during forecast period.  The service segment is further sub segmented into routine, commissioning, and special inspection. The routine segment dominated the market in 2019 and same segment is expected to be fastest growing during forecast period. Similarly, the system segment is also sub segmented into fixed system, mobile system, and ground-based system. The fixed system segment dominated the market in 2019 and mobile system segment is expected to be fastest growing during forecast period. In terms of end user, the market is segmented into defense airports and commercial airports. The commercial airports segment dominated the market in 2019 and same segment is expected to be fastest growing during forecast period. Based on country, the market is segmented into the US, Canada, and Mexico. 

Aerodata AG; Airfield Technology, Inc.; Bombardier Inc.; ENAV S.p.A.; Norwegian Special Mission AS; Radiola Limited; Rohde & Schwarz GmbH & Co.; Safran S.A; and Textron Inc. are among the leading companies in the North America flight inspection market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Aerodata AG delivered Cessna Citation Sovereignn+, a new fully equipped flight inspection aircraft to ASECNA as a turnkey solution.  

North America Flight Inspection Market, By Country, 2019 and 2027 (%)

   

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