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Flight Inspection Market Size

Report ID: GMI2312
Published Date: Sep 2023
Report Format: PDF

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Flight Inspection Market Size

Flight Inspection Market size was valued at over USD 5.4 billion in 2022 and is estimated to register a CAGR of over 4% between 2023 & 2032. Safety in the aviation industry is a major factor driving the industry growth. Regulatory bodies worldwide, such as the Federal Aviation Administration (FAA) in the U.S. and the International Civil Aviation Organization (ICAO) globally, mandate strict safety standards for aviation infrastructure. These standards require regular flight inspections to ensure that navigation & communication systems including critical ones, such as Instrument Landing Systems (ILS) and VHF Omni-Directional Range (VOR), meet precise performance criteria. These inspections are vital to maintaining the highest level of safety for air travel.

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Flight inspection is a critical aviation safety procedure involving the evaluation of navigational aids, airport systems, and airspace infrastructure. Specially equipped aircraft are used to assess the accuracy & functionality of these systems, ensuring they meet regulatory standards for safe & precise 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:	Surge in global air traffic Growing focus on airport expansion and aviation infrastructure development Safety & regulatory compliance Rising environmental & fuel efficiency initiatives Modernization of navigation systems
Pitfalls & Challenges:	High cost of equipment & services Data privacy & security

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Flight inspection requires specialized aircraft equipped with sophisticated measurement & calibration instruments. Additionally, the training & expertise of flight inspection personnel come at a significant cost. This can make flight inspection services expensive, which can be a barrier for smaller airports or regions with limited budgets.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for flight inspection was valued at over USD 5.4 billion in 2022 and is estimated to register a CAGR of over 4% between 2023 & 2032, supported by the focus on safety in the aviation sector.

The ILS segment is expected to grow at a CAGR of over 5% through 2032 as modern aircraft are equipped with advanced navigation systems that rely on precise guidance during landing, which is provided by ILS.

North America flight inspection market is expected to grow at a CAGR of over 5% through 2032, owing to the adoption of more advanced and integrated technologies, along with ongoing airport expansion and modernization projects in the region.

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, and Textron Aviation Inc.