The new report by Expert Market Research titled, ‘Global Helicopter Flight Management System Market
Report and Forecast 2022-2027’, gives an in-depth analysis of the global helicopter flight management system market, assessing the market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/helicopter-flight-mana...
The key highlights of the report include:
Market Overview (2017-2027)
Forecast CAGR (2022-2027): 2.9%
The global helicopter flight management system market is likely to be driven by demand for advanced flight management systems designed for commercial, paramilitary, and military helicopter applications. The market is likely to be driven by modern solutions that are compact, single-box, and civil-certified and provide flexible, reliable, and responsive flight and radio management solutions that are completely compatible with civil airspace navigation standards and offer unique mission capabilities. Also, the rising helicopter operators and demand for helicopter flight management systems, search and rescue operations, oil and gas, and emergency medical service (EMS) are expected to propel the market growth. Further, the market is driven by various factors, such as the rise in aircraft orders globally, significant growth in the airline industry worldwide, and the development of glass cockpits resulting in better operational efficiency.
Industry Definition and Major Segments
A flight management system (FMS) is not a navigation system. It is, rather, a system that automates the management of onboard navigation systems. FMS is a system that connects flight crews to flightdeck systems. FMS is a computer with a big database of airport and NAVAID locations and data, aircraft performance data, airways, junctions, DPs, and STARs.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/helicopter-flight-mana...
By type, the market is segmented into:
By application, the market is divided into:
On the basis of region, the market is segmented into:
Middle East and Africa
In order to prevent mishaps, technology advancements in helicopter flight management systems help manage information, increase aircraft energy economy, and improve communication with Air Traffic Control (ATC). To automate the helicopter flight management system, the leading players are incorporating artificial intelligence (AI) and machine learning (ML) technology. This reduces the amount of work required of the driver to maintain regular control of the entire craft during a flight. The autonomous system’s introduction is likely to boost product demand. Therefore, incorporating advanced technologies is expected to drive the helicopter flight management system market growth. The rise in the demand for lightweight flight management systems further drives market growth globally. The rise in aircraft orders and deliveries and the need for technologically advanced flight management systems are the other key drivers for the growth of the helicopter flight management systems market.
Key Market Players
The major players in the market are Safran, Cobham Limited, Curtiss-Wright Corporation, Garmin Ltd., L3Harris Technologies, Inc., Thales Group, and Honeywell International, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Company Name: Claight Corporation
Contact Person:- Shira Ellis, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Also, Check Procurement Intelligence which provides you Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.