[ad_1]
LOS ANGELES, November 4, 2020 (GLOBE NEWSWIRE) – Acumen Research and Consulting, a global provider of market research studies, in a latest published report titled “Flight inspection (FI) Market – Global industry analysis, S marketsize, opportunities and forecasts, 2020-2027“, estimates that the global flight inspection (FI) market is expected to reach market value of approximately $ 8 trillion by 2027 and is projected to grow at a CAGR of approximately 3% in revenue during the year. forecast period 2020-2027.
Request COVID-19 Impact on the Dental Health Market @ https://www.acumenresearchandconsulting.com/request-sample/2223
Flight inspection refers, in order to ensure stability and accuracy, to the annual examination of navigation aids used in aircraft, such as flight procedures and electronic signals. Unlike flight controls which assess the aerodynamic configuration and safety of the aircraft, flight inspections include analysis of flight processes (such as routes, approaches and departures) to ensure adequate navigation assistance, absence of barriers and a consistent method.
With regulatory guidance for building airport infrastructure, North America will see considerable growth in the flight inspection market. For example, in August 2018, the FAA announced an investment in airport maintenance initiatives of more than $ 620 million. The airport development program has provided nearly $ 3 billion in funding. For approximately 226 airports and 408 development programmers, this initiative would include more than 242 grants to have a positive impact on the industry.
View table Of Content of this report @ https://www.acumenresearchandconsulting.com/flight-inspection-fi-market
Market dynamics
Flight inspection operations for regular assistance and commissioning inspections are expected to grow due to the increase in the number of new airports and upgrading of facilities at existing airports to lead the flight inspection industry. The key issues addressed by flight inspection facility providers contribute to the technological details of the flight inspection process. Flight Inspection Service Providers were challenged by the current GPS calibration and assessment protocol which enabled navigation and approach procedures for the satellite-based enhancement system (SBAS) for the vertical guidance system.
Due to the installation of modern navigation assistance on airport runways, commissioning has an important share in the size of the in-flight inspection market. Airliner is based on fitting newly designed aircraft guide inspection systems for starting and landing purposes. Government agencies employ several procedures to facilitate the improvement of standard facilities with specialized aircraft safety inspection facilities. The growing demand for improved systems inspection services would induce significant growth potential throughout the relationship. Due to scheduled device exams and periodic calibration specifications, a routine section will experience strong progress. The penetration of the segment is motivated by the emergence of strict legislation to ensure the safety of aviation and passengers. For example, the United States FAA Order 8200.1D establishes mandatory protocols for flight inspection procedures for the National Aerospace System (NAS) and the Defense Air Navigation Services Agency.
Related reports published by Acumen –
The global market for on-board catering services (https://www.acumenresearchandconsulting.com/in-flight-catering-services-market ) Size is projected to reach approximately $ 24.6 billion by 2026, growing at a CAGR of approximately 3.1% over the forecast period 2019 to 2026
The global market for military simulation and virtual training (https://www.acumenresearchandconsulting.com/military-simulation-and-virtual-training-market ) it is projected to grow at a sizable CAGR of around 4.0% over the forecast period and reach $ 15.12 billion by 2026
S.emulator M.arket (https://www.acumenresearchandconsulting.com/simulator-market) is expected to grow at a CAGR of around 4.6% from 2020 to 2027 and is expected to reach market value of around $ 30,743.2 million by 2027
The defense airport end-user segment is expected to see the greatest growth in the flight inspection market during the forecast period.
The market for flight inspections at defense airports is expected to increase during the forecast period with the highest CAGR. This increase is due to the growing defense spending and military spending of developing economies. The modernization and construction of defense airports, as well as the demand for defense airports for strategic purposes, are growing as defense budgets increase.
Some of the major players in the flight inspection (FI) market include Textron, Bombardier, Aerodata, Saab, Cobham, Norwegian Special Mission, Safran, Radiola Aerospace, Airfield Technology, ENAV, FCSL, Isavia, NSM, and others.
Recent Developments
- In October 2020, US Customs and Border Protection expands fleet with two more Beechcraft King AIR 350CER special missions
- In October 2020, Textron Aviation is expanding its services by providing customers with a new standard repair procedure of the main landing gear series (MLG) for the Cessna Citation CJ. In the final approval stage, this creative approach helps engineers restore and replace MLGs unnecessarily. This increases the cost effectiveness of customers.
- In July 2020, establish partnerships within the European engine industry with safran helicopter engines and ZF Aviation Technology.
Recipients
- Flight Inspection Service Providers
- Military Forces
- Manufacturers of in-flight inspection systems
- Airport authorities
Acumen offers customized market research services that help clients obtain information on the required business scenario @ https://www.acumenresearchandconsulting.com/request-sample/2223
Purchase this premium research report – https://www.acumenresearchandconsulting.com/buy-now/0/2223
I would like to place an order or have any questions, please feel free to contact us at [email protected] | +1 407 915 4157
For the latest update follow us:
https://www.facebook.com/acumenresearchandconsulting
https://www.linkedin.com/company/acumen-research-and-consulting/
.
[ad_2]
Source link
