Regulatory Impact on the Flight Data Monitoring Market: Adapting to New Standards
The flight data monitoring market was estimated at USD 4.54 billion in 2022 and is likely to grow at a CAGR of 8.43% during 2023-2028 to reach USD 7.4 billion in 2028.
Flight data monitoring is mainly a part of flight operations or quality analysis. The flight data is monitored and analyzed to understand a particular event or to offer a forecast. It is also a part of the training. Flight data monitoring can be on board as well as on ground. FDM service, FDM system, and FDM software are the components of flight data monitoring.