The data recorder market forecast report offers a complete analysis of the market during the forecast period of six years from 2014–2020. It analyzes factors driving the market, restraining market growth, opportunities, and challenges faced by the industry.
International regulations about the safety of ships at sea require every modern vessel to be equipped with a voyage data recorder to assist investigations in the event of an accident. As such, these devices are the primary means for acquiring reliable data about an accident involving a ship, and so they must be the first targets in an investigation.
The report discusses key industry, market, and technology trends that influence the data recorder market. The report tracks, analyzes, and projects the market size for major regions including North America, Europe, the Middle East, Asia-Pacific, and Rest of World. The report also provides the market share by technology types; cockpit voice recorder, flight data recorder, voyage data recorder, quick access recorder, and data loggers. It provides an insight into regional trends on spending, analyzes market size by region, and also provides the data on the spending pattern by types.
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The leading competitors in the data recorder market include L-3 Aviation Recorder (U.S), HR Smith group (U.K.), Teledyne Technologies, Inc. (U.K.), Honeywell International, Inc. (U.S.), and Danelec Marine A/S (U.S.). The general overviews of these companies, their financial position, key products, and market share have been discussed in the report.
The report highlights the revenue analysis of the data recorder market types, with respect to countries such as the U.S., Canada, the U.K., Germany, China, India, Saudi Arabia, UAE, Brazil, and South Africa. The data recorder market is expected to be dominated by cloud computing during the forecast period.
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