This Avionics Market Avionics Market report provides market segmentation in the most detailed pattern. A high-level market analysis of major segments has been performed in the report and opportunities are identified. The market report not only deals with major industrial categories but also different associated segments such as services, technologies, & applications. What is more, the global Avionics Market research report provides market data in such a way that it also considers new product development from beginning to launch.

Avionics Market, by End User (OEM, Aftermarket), System (FMS, CNS, Health Monitoring, Electrical & Emergency and Software), Platform (Commercial, Military, Business Jets & General Aviation, Helicopters) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Avionics Market Overview

The global Avionics market size is projected to reach USD 87 billion by 2026 at a CAGR of 5.2% from USD 72 billion in 2021 during the forecast period 2021-2028.

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Avionic is a class of electrical systems that deals with the equipment and systems designed particularly for the purpose of aviation. Al the systems used in an aircraft, satellite or spacecraft marks a part of it. The type and range of the product vary according to its use and the system.

With the recent growth in the retrofit aircraft market along with the adoption of next-generation flight management systems are some of the factors that have supported long-term expansion for the Avionics Market.

Avionics Market Regional Analysis

North America is expected to be the largest market during the forecast period. The increased demand for commercial aircrafts along with the defence usage of the aircraft for surveillance and transport are some reasons for the dominance of North America in the market.

Avionics Market Key Players

·         Safran

·         GE Aviation

·         UTC (Collins Aerospace)

·         Honeywell International

·         Thales

·         Curtiss-Wright

·         L3 Communications, and Meggitt

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Recent Developments in The Avionics Market

·         In March 2019, Honeywell developed a new communication technology was developed by Honeywell, named the Aspire 200 satellite communications system, for use on the Bell B429 helicopter.

·         In April 2019, UTC signed a pact offered by the US Coast Guard to provide aircraft avionics for maritime law enforcement.

Reasons to Acquire Avionics Market Report

·         Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

·         Gain authentic and granular data access for Avionics market so as to understand the trends and the factors involved behind changing market situations

·         Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

·         In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Table of Contents

On the basis of Material Type

Hardware

Flight Management Systems

Communication Systems

Navigation Systems

Surveillance Systems

Electrical Systems

Emergency Systems

Mission & Tactical Systems

Inflight Entertainment Systems

Health Monitoring Systems

Collision Avoidance Systems

Weather Systems

Software

Safety-critical Airborne Software

Mission Flight Management Software

Flight Management Software

Aircraft Health Diagnostic Software

Training & Simulation Software

Others (avoidance re-routers and flight situational awareness solutions)

On the basis of End-User

OEM

Aftermarket

On the basis of Platform

Commercial Aviation

Military Aviation

Business Jets & General Aviation

Helicopters

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

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