Europe Flight Inspection Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Solution (System [Fixed System, Mobile System, and Ground-based System] and Services [Routine Services, Commissioning Services, and Special Services]) and End User

Europe Flight Inspection Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Solution (System [Fixed System, Mobile System, and Ground-based System] and Services [Routine Services, Commissioning Services, and Special Services]) and End User (Defense Airport and Commercial Airport)    

The Europe flight inspection market is expected to grow from US$ 1,460.60 million in 2020 to US$ 2,592.96 million by 2027. It is estimated to grow at a CAGR of 8.5% from 2020 to 2027. The regional aviation sector is experiencing significant growth in air traffic volume in terms of passenger count and aircraft fleet. This is mainly due to the increase in business and leisure travel due to higher disposable income. In addition to passenger air travel, the cargo air fleet volume is consistently rising in many countries. The constantly growing air traffic volume year-on-year has led airports to invest in flight inspection activities. The flight inspection service providers are increasingly accelerating the procurement of flight inspection equipment, i.e., airborne equipment and ground equipment. This is pacing up the production lines among the flight inspection system manufacturers. Routine inspection is of utmost importance for airport authorities to smoothen the operationality of aircraft movements. Apart from routine inspection, the commissioning of inspection services is also being carried out in several countries, as numerous new airports are coming up. Over the past couple of years, several airport authorities have been investing in expanding runways and terminals. Several countries across the region are foreseen to contribute significantly toward the growth of the flight inspection market, as the airport authorities across the region are investing in expanding existing airports and constructing newer airports. Thus, a higher inclination toward flight inspection activities, growth in construction of new airports, rising number of flight inspection service providers, and increase in air traffic volumes are propelling the Europe flight inspection market.

The COVID-19 outbreak negatively impacted Europe, especially the UK. The flights have been suspended for a longer period in the first half, which lowered the demand for flight inspection systems. Several countries also stopped their production activities owing to the spread of COVID-19 in the aircraft industry, which further reduced the market's growth. For instance, 668 infected persons were found on the French aircraft carrier Charles de Gaulle. As a result, the facility could not function without staff. The operations were stopped or carried out with limited force. A new strain of coronavirus has been found in the UK, which spreads faster than the previous strain has initiated shutdown of air connectivity with the UK and other European countries. Europe is the third-largest region in terms of airplane demand, which might help the market recover after the pandemic. However, the region's need for service and systems is experiencing a major hit in the current scenario. Still, companies operating in the region are managing to offer flight inspection solutions for domestic and global levels but not as expected. Also, using robots, drones, and other advanced tools for virtual inspection to save time has emerged owing to COVID-19, which might grab a larger share in the forecast period.

Based on end user, the commercial airport segment led the Europe flight inspection market in 2019. The commercial airport holds a larger share in the market as rising civil air traffic is bolstering the market growth. A surge in international flights has pressurized the countries to increase the number of airports and runways to manage the aircraft operations. The ground-based systems are witnessing a spur in demand to ensure safe landing and takeoff operations in critical environmental conditions, such as the humid and foggy atmosphere. Commercial airport facilities are upgrading navigational aids, communication equipment, and other systems to improve flight takeoff and landing operations to offer smooth and improved flight experience for passengers and crew. Several developments are expected to support the market growth in the commercial airports segment.

The overall Europe flight inspection market size has been derived using primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Europe flight inspection market. The process also serves the purpose of obtaining an overview and forecast for the Europe flight inspection market concerning all the segments of the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. Participants who typically participate in such a process include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe flight inspection market. Aerodata AG; Airfield Technology, Inc.; Bombardier Inc.; ENAV S.p.A.; FCS Flight Calibration Services GmbH; Norwegian Special Mission AS; Radiola Limited; Rohde & Schwarz GmbH & Co.; Safran S.A; and Textron Inc. are a few players in the Europe flight inspection market.

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