Cockpit Voice Recorder (CVR), FDR, TPL, and DRB - Global Strategic Business Report

Global Cockpit Voice Recorder (CVR), FDR, TPL, and DRB Market to Reach $202.6 Billion by 2030

The global market for Cockpit Voice Recorder (CVR), FDR, TPL, and DRB estimated at US$165.6 Billion in the year 2022, is projected to reach a revised size of US$202.6 Billion by 2030, growing at a CAGR of 2.6% over the analysis period 2022-2030. Commercial, one of the segments analyzed in the report, is projected to record a 2.7% CAGR and reach US$88 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the UAV segment is readjusted to a revised 2.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $48.4 Billion, While China is Forecast to Grow at 2.4% CAGR

The Cockpit Voice Recorder (CVR), FDR, TPL, and DRB market in the U.S. is estimated at US$48.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$36.2 Billion by the year 2030 trailing a CAGR of 2.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.

Select Competitors (Total 43 Featured) -

• ACR Electronics, Inc. (Artex)
• Curtiss-Wright Corporation (CWC)
• Dac International, Inc.
• Honeywell International, Inc.
• Hr Smith Group
• L-3 Communications Holdings, Inc.
• Teledyne Technologies, Inc.
• Universal Avionics System Corporation

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year