Flight Inspection (FI) Market to experience an impressive growth of 6.2percent during 2020-2025

 

Flight Inspection (FI) Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Increase in expenditure on new airport developments as well as existing airport infrastructure developments, along with the surge in routine and commissioning inspection activities and special flight inspection programs are likely to propel the flight inspection (FI) market in the coming five years.

 

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Flight Inspection (FI) Market Segment Insights:

By Solution Type:

The system segment is estimated to grow at a higher CAGR during the forecast period and is likely to command the market. Increasing number of new airport development programs and increasing expenditure by emerging economies on airport infrastructure are the prime factors boosting the growth of the flight inspection market.

 

By End-User Type:

The defense airports segment is estimated to dominate the market during the forecast period, driven by the increasing number of tactical forward airbases and defense airports, triggered by the increase in the expenditure on military infrastructure.

 

By Region:

The Americas accounted for the largest share of the FI market in 2018, followed by Europe and Asia Pacific. This growth of the market was owing to rising passenger traffic in countries such as Brazil and Mexico and the development and modernization of airports in the US and Canada. In Americas, the US is dominating the overall market in the region. The reason for this enormous dominance of the US is primarily due to the airport expansion programs and presence of flight inspection system manufacturers in the country.

 

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

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