Flight Data Monitoring Market Share to Soar to $2.42 Billion by 2030, Driven by Safety Innovations a
The Global Flight Data Monitoring Market Share, valued at approximately $1.39 billion in 2023, is projected to grow at a CAGR of 8.26%, reaching nearly $2.42 billion by 2030. This growth is driven by increased focus on aviation safety, regulatory mandates, and advancements in data analytics. Flight Data Monitoring (FDM) involves the collection, processing, and analysis of flight data from aircraft to enhance operational efficiency, safety, and compliance. By identifying flight trends and detecting potential risks, FDM plays a critical role in improving pilot training, aircraft maintenance, and overall air safety management.
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