Global in flight voice recognition market is still in a nascent phase but is projected to grow at a robust CAGR of around 15% during the forecast period. The in flight voice recognition systems help the pilots decrease their workload and increase efficiency and safety as with the help of these systems they can get rid of manual command operations. Voice recognition systems allow the flight crew to access frequent commands easily, thereby, saving time. The global in flight voice recognition market is driven by the thriving aerospace industry coupled with new technological advancements. Additionally, growing government investments in the aviation industry are further expected to propel the market during forecast period.
The global in flight voice recognition market is segmented based on technology, aircraft type, application, company and region. Based on aircraft type, the market can be fragmented into narrow-body aircraft, wide-body aircraft, very-large aircraft and regional transport aircraft. The narrow-body aircraft segment is expected to dominate the market during the forecast period. This can be ascribed to the revenue per seat which is relatively higher for narrow-body aircraft as comparison to other aircraft types.
Among all the regions, North America is expected to dominate the overall in flight voice recognition market, while Asia-Pacific is projected to be fastest growing market during the forecast period. Major players operating in the in flight voice recognition market include Adacel Technologies Limited, Rockwell Collins, Honeywell International Inc., Raytheon Company, IBM Corporation, Air Force Research Laboratory-Wright-Patterson Air Force Base, SRI International, Airbus Americas Inc., SRI International, Inc., Thales USA Inc, VoiceFlight Systems LLC and others.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020–2024
Objective of the Study
- To analyze and forecast the
market size of global in flight voice recognition market.
- To classify and forecast
global in flight voice recognition market based on technology, aircraft
type, application, company and regional distribution.
- To identify drivers and
challenges for global in flight voice recognition market.
- To examine competitive
developments such as expansions, new product launches, mergers &
acquisitions, etc., in global in flight voice recognition market.
- To conduct pricing analysis
for global in flight voice recognition market.
- To identify and analyze the
profile of leading players operating in global in flight voice recognition
market.
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MIR performed both primary as well as exhaustive secondary research for this study. Initially, MIR sourced a list of in flight voice recognition service providers across the globe. Subsequently, MIR conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, MIR could include the service providers which could not be identified due to the limitations of secondary research. MIR analyzed the service providers, distribution channels and presence of all major players across the globe.
MIR calculated the market size of
Key Target Audience
- In flight voice recognition service providers,
vendors and other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
in flight voice recognition
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
