Market Share of Aircraft Flight Recorder Industry
The aircraft flight recorder market is consolidated in nature, with few players holding significant shares in the market. Some prominent market players are L3Harris Technologies, Inc., Curtiss-Wright Corporation, Elbit Systems Limited, Safran, and Leonardo S.p.A, amongst others. The key players in the market are focusing on the development of advanced aircraft flight recorder systems.
Moreover, various manufacturers are now using advanced materials to develop aircraft flight recorder systems such that these systems can survive in extreme situations. Growing expenditure on research and development and the introduction of new materials in the development of advanced aircraft flight recorders will lead to the creation of better opportunities in the coming years.
Aircraft Flight Recorder Market Leaders
L3Harris Technologies, Inc.
Curtiss-Wright Corporation
Safran
Leonardo S.p.A
Elbit Systems Ltd.
*Disclaimer: Major Players sorted in no particular order