Asia Pacific Flight Inspection Market

Historic Data: 2018-2019   |   Base Year: 2020   |   Forecast Period: 2021-2027

Analysis By Solution (System [Fixed System, Mobile System, and Ground-based System] and Services [Routine Services, Commissioning Services, and Special Services]) and End User (Defense Airport and Commercial Airport)


No. of Pages: 111    |    Report Code: TIPRE00027785    |    Category: Aerospace and Defense

Asia Pacific Flight Inspection Market
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The APAC flight inspection market is expected to grow from US$ 836.49 million in 2020 to US$ 1,608.64 million by 2027; it is estimated to grow at a CAGR of 9.8% from 2020 to 2027.  

The unmanned aerial vehicles (UAVs) have been showcasing tremendous benefits across industries for various applications across the region. Witnessing the importance of flight inspection over the years, several UAV manufacturers are eyeing on introducing and facilitating airport authorities and flight inspection service providers to gain benefit by using UAVs. Canard Drones Ltd., a drone manufacturer, is among the forerunners in developing and commercializing drones for flight inspection and inspection activities. The company anticipates that the use of drones would revolutionize the flight inspection activities by shortening the time required to conduct routine inspections at lower cost. As drones are much smaller in size and have lesser capability to carry payload than aircraft, flight inspection equipment manufacturers are expected to introduce compact, lightweight, and powerful systems that can be installed on the UAVs to conduct flight inspection. Thus, innovation in the field of small, lightweight flight inspection equipment for drones is also foreseen to catalyze the flight inspection market in the forthcoming years. Moreover, the flight inspection governing authorities are emphasizing on modifying the requisites of the flight inspection procedures to conduct UAV-based flight inspection (UFIS). The modifications would benefit the airport authorities and flight inspection service providers, which is, in turn, anticipated to propel the growth of the APAC flight inspection market.      

 

In case of COVID-19, APAC is highly affected specially India. The COVID-19 which emerged in China and has affected several nearing countries such as South Korea, India, and others. The countries such as China, India, South Korea, Japan, and others increasingly moving towards the advancement of the commercial and defense aircraft industry. The COVID-19 has minimal impact on the market comparing to other nations such as rising production activities and demand for aircraft even in pandemic situation has supported market growth. Further, countries such as China, and Japan increased their aircraft fleet owing to rising domestic and international flights. The country has upgraded their flight inspection operations by adopting new flight inspection aircraft. In governments of various countries also supported the smaller local air carriers to mitigate the COVID-19 impact which helped market to sustain the growth. For instance, government of South Korea has announced the financial support up to US$269 million or smaller local air carriers. In addition, the government also provided the US$2.7 billion support to Asiana Airlines and Korean Air to stabilize the liquidity of both airlines.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC flight inspection market. The APAC flight inspection market is expected to grow at a good CAGR during the forecast period.     

 

APAC Flight Inspection Market Revenue and Forecast to 2027 (US$ Million)

 APAC Flight Inspection Market Revenue and Forecast to 2027 (US$ Million)

APAC Flight Inspection Market Segmentation

APAC Flight Inspection Market – By Solution 

  • System
    • Fixed System
    • Mobile System
    • Ground-based System
  • Services
    • Routine Services
    • Commissioning Services
    • Special Services

APAC Flight Inspection Market – By

End User

  • Defense Airport
  • Commercial Airport

APAC Flight Inspection Market, by Country

  • Australia
  • China
  • India     
  • Japan
  • South Korea
  • Rest of APAC

APAC Flight Inspection Market - Companies Mentioned

  • Aerodata AG
  • Airfield Technology, Inc.
  • Bombardier Inc.
  • ENAV S.p.A. 
  • Norwegian Special Mission AS      
  • Radiola Limited
  • Rohde & Schwarz GmbH & Co.    
  • Safran S.A  
  • Textron Inc.

Asia Pacific Flight Inspection Strategic Insights

Strategic insights for the Asia Pacific Flight Inspection provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Flight Inspection Report Scope

Report Attribute Details
Market size in 2020 US$ 836.49 Million
Market Size by 2027 US$ 1,608.64 Million
Global CAGR (2020 - 2027) 9.8%
Historical Data 2018-2019
Forecast period 2021-2027
Segments Covered By Solution
  • System
  • Services
By End User
  • Defense Airport and Commercial Airport
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Aerodata AG
  • Airfield Technology, Inc.
  • Bombardier Inc.
  • ENAV S.p.A.
  • Norwegian Special Mission AS
  • Radiola Limited
  • Rohde & Schwarz GmbH & Co.
  • Safran S.A
  • Textron Inc.
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    Asia Pacific Flight Inspection Regional Insights

    The geographic scope of the Asia Pacific Flight Inspection refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - Asia Pacific Flight Inspection Market

    1. Aerodata AG
    2. Airfield Technology, Inc.
    3. Bombardier Inc.
    4. ENAV S.p.A.
    5. Norwegian Special Mission AS
    6. Radiola Limited
    7. Rohde & Schwarz GmbH & Co.  
    8. Safran S.A
    9. Textron Inc.    
    Frequently Asked Questions
    How big is the Asia Pacific Flight Inspection Market?

    The Asia Pacific Flight Inspection Market is valued at US$ 836.49 Million in 2020, it is projected to reach US$ 1,608.64 Million by 2027.

    What is the CAGR for Asia Pacific Flight Inspection Market by (2020 - 2027)?

    As per our report Asia Pacific Flight Inspection Market, the market size is valued at US$ 836.49 Million in 2020, projecting it to reach US$ 1,608.64 Million by 2027. This translates to a CAGR of approximately 9.8% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Flight Inspection Market report typically cover these key segments-

    • Solution (System, Services)
    • End User (Defense Airport and Commercial Airport)

    What is the historic period, base year, and forecast period taken for Asia Pacific Flight Inspection Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Flight Inspection Market report:

  • Historic Period : 2018-2019
  • Base Year : 2020
  • Forecast Period : 2021-2027
  • Who are the major players in Asia Pacific Flight Inspection Market?

    The Asia Pacific Flight Inspection Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Aerodata AG
  • Airfield Technology, Inc.
  • Bombardier Inc.
  • ENAV S.p.A.
  • Norwegian Special Mission AS
  • Radiola Limited
  • Rohde & Schwarz GmbH & Co.
  • Safran S.A
  • Textron Inc.
  • Who should buy this report?

    The Asia Pacific Flight Inspection Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Flight Inspection Market value chain can benefit from the information contained in a comprehensive market report.

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