Zion Market Research, the market research group announced the analysis report titled ‘Data Recorder Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Data Recorder Market: Overview
The data recorder is also known as the data logger. It is an electronic device which records data on the real-time basis in relation to sensors or inbuilt instruments. It is equipped with the microprocessor which is small, portable, powered by the battery, sensors, and internal memory. Once it activated, it performs its functions continuously for 24-hours. Some data recorders use software to activate and others may have interface device such as LCD or keypad to use as a stand-alone device. This system was adopted to raise safety concerns owing to international regulations in order to investigate any issue. Data recorders are primarily designed to acquire reliable data so that investigation must be initiated in case of accidents. For instance, Comark Instruments introduced new tamper-proof data recorder and cloud service to control food temperature. It will reduce many manual procedures and improve the safety of the customer.
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Global Data Recorder Market by Segmentation: The global data recorder market is categorized on the basis of types as data logger, cockpit voice recorder, quick access recorder, voyage data recorder, and flight data recorder. Based on technology, the global market is divided as cloud computing, solid state, and flash card. Of these, cloud computing segment accommodated for the largest market share in the global data recorder market.
Global Data Recorder Market by Growth Factors: Data recorder records data automatically for 24-hours once it is activated, this acts a major driving factor of the data recorder market. It can be left unattended to collect information once it is activated. Due to this property, the global market anticipated witnessing considerable growth in the near future. It records comprehensive data on environmental conditions such as to humidity, temperature, and pressure. Conversely, the cost of the data recorder is reducing owing to technological advancement; this may restrain the global data recorder market growth in future.
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Global Data Recorder Market by Regional Analysis: Geographically, the global data recorder market is segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is the dominating region for data recorder market. Growing acceptance of the data recorder is expected to fuel the market in future. In addition, huge investment on R&D for innovative technologies is anticipated to boost the global market growth in the near future. This trend is followed by Europe. Increasing awareness about data recorded in this region is also boosting the growth of the global market in the region. Moreover, Asia Pacific will also witness substantial growth in the global data recorder market in the coming years.
Global Data Recorder Market by Competitive Players: Some of the major players in the global data recorder market are Phoenix International Holdings, Inc., DAC International, Inc., Universal Avionics Systems Corporation, Flyht Aerospace Solutions Ltd., Acr Electronics, Inc., L-3 Communications Holdings, Inc., Honeywell International Inc. and Teledyne Technologies Inc. Other key players influencing the global market are Telemar Norge As, Consilium Ab, Danelec Marine A/S, Raytheon Company, Hr Smith Group, and Captec Ltd.
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Global Data Recorder Market by Regional Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan), Latin America( Brazil), Middle East and Africa
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