New York, July 3, 2018: The Cockpit Voice and Flight Data Recorder Market is expected to exceed more than US$ 312 Million by 2024 at a CAGR of 2% in the given forecast period.

    Cockpit voice recorders (CVRs) and flight knowledge recorder (FDRs) are devices that are put in aircraft to record the setting within the flight deck for investigation of accidents and incidents. Chief Executive preserves the recent history of a flight by recording multiple parameters, that are collected many times per second. CVR is employed to record the recent history of the sounds within the cockpit, together with the conversation of pilots.

    The scope of the report includes a detailed study of Cockpit Voice and Flight Data Recorder Market with the reasons given for variations in the growth of the industry in certain regions.

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    This report provides:
    1) An overview of the global market for Cockpit Voice and Flight Data Recorder Market and related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for Cockpit Voice and Flight Data Recorder Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    The Cockpit Voice and Flight Data Recorder Market is segmented on the lines of its Product, application and regional. Basis of Product is segmented into Flight Data Recorder (FDR), Cockpit Voice Recorder (CVR) and Combined Voice and Flight Data Recorder (CVFDR). Based on application it covers Military Application and Civil Application. The Cockpit Voice and Flight Data Recorder Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

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    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include DAC International, FLYHT Aerospace Solutions, Heli-One, and Teledyne Technologies. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Cockpit Voice and Flight Data Recorder Market has been segmented as below:

    By Product Type:

    • Flight Data Recorder (FDR)
    • Cockpit Voice Recorder (CVR)
    • Combined Voice and Flight Data Recorder (CVFDR)

    By Application Type:

    • Military Application
    • Civil Application

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    Source: http://www.financeswire.com/cockpit-voice-and-flight-data-recorder-market-demand-size-growth-report-by-2024