Routine Services Segment to Dominate SAM Flight Inspection Market During 2020–2027         

According to a new market research study on “SAM Flight Inspection Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Solution and End User,” is expected to reach US$ 301.99 million by 2027 from US$ 221.72 million in 2020. The market is estimated to grow at a CAGR of 4.5% from 2020 to 2027. The report provides trends prevailing in the SAM flight inspection market along with the drivers and restraints pertaining to the market growth. Rise in air traffic volume and military forces emphasizing continuous flight inspection are the major factor driving the growth of the SAM flight inspection market. However, less technical awareness in several countries hinders the growth of SAM flight inspection market.          

The COVID-19 outbreak highly affected SAM, especially Brazil, followed by Argentina and Peru. The government of SAM has taken an array of actions to protect their citizens and contain COVID-19's spread. The market has significantly affected the lockdown as the region isolated itself by shutting down a high number of international flights. Countries, such as Argentina, Brazil, and others suspended the ongoing or planned aviation industry expansion plan due to a significant blow on the economy, which limited the region's market growth in the COVID-19 situation. The pandemic severely impacted the international transportation of flight, which hampered the commercial aircraft market substantially. The shutdown of transportation and international traffic hits particularly hard on the aerospace industry, while military aircraft have had a meager impact. The market has witnessed a mixed result of the pandemic, with the demand for service remaining stable or increased due to the standing aircraft fleet. The periodical or routine and informal flight inspections have been carried out to check the standing aircraft fleet.

The SAM flight inspection market is segmented based on solution, end user, and country. Based on solution, the market is segmented into system and service. The service segment dominated the market in 2019 and same 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 Brazil, Argentina, and rest of SAM.       

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 SAM 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 2019, Safran SA collaborated with Zhejiang XiZi Aircraft Component Company to enhance Safran's relationship with OEM through asset & skill training and increased its penetration in the Chinese market. 

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

  

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