Avionics are electronics systems used in aircraft for communication, navigation, and various other flight critical applications. Modern avionics also aid in improved navigation and routing, provide enhanced situational awareness to pilots, and improve the ATM process.
North America was the largest production market with a market share of 45.30% in 2012 and 45.71% in 2017 with a decrease of 0.44%. Europe ranked the second market with the market share of 42.02% in 2016.
The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally, the increasing expectation of the air passengers for enhanced in-flight services and solutions has boosted the demand for in-flight entertainment (IFE), which in turn is pushing the market for commercial avionics systems forward. Owing to these factors, the market for commercial avionics systems is growing at a significant pace globally.
The emerging nations such as China, India, Japan, Singapore, Australia, UAE, Saudi Arabia, South Africa and Brazil are expected to generate further demand in commercial avionics systems market over the forecast period. With increasing investments in the research and development in avionics industry, enhanced products are being launched by the manufacturers to improve the aircraft’s performance, reduce environmental pollution and minimize risks associated with human error during flights. However, the threats of cyber-attacks and the economic turmoil in various countries globally is hindering the growth of this market.
According to this study, over the next five years the Avionics Systems market will register a 4.6% CAGR in terms of revenue, the global market size will reach US$ 35100 million by 2024, from US$ 26800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Avionics Systems business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Avionics Systems market by product type, application, key manufacturers and key regions and countries.
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This study considers the Avionics Systems value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Flight Control System
Flight Management System
Health Monitoring System
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Avionics Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Avionics Systems market by identifying its various subsegments.
Focuses on the key global Avionics Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Avionics Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
Table of Contents
2019-2024 Global Avionics Systems Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Avionics Systems Consumption 2014-2024
2.1.2 Avionics Systems Consumption CAGR by Region
2.2 Avionics Systems Segment by Type
2.2.1 Flight Control System
2.2.2 Flight Management System
2.2.3 Health Monitoring System
2.3 Avionics Systems Consumption by Type
2.3.1 Global Avionics Systems Consumption Market Share by Type (2014-2019)
2.3.2 Global Avionics Systems Revenue and Market Share by Type (2014-2019)
2.3.3 Global Avionics Systems Sale Price by Type (2014-2019)
2.4 Avionics Systems Segment by Application
2.4.1 Commercial Use
2.4.2 Military Use
2.5 Avionics Systems Consumption by Application
2.5.1 Global Avionics Systems Consumption Market Share by Application (2014-2019)
2.5.2 Global Avionics Systems Value and Market Share by Application (2014-2019)
2.5.3 Global Avionics Systems Sale Price by Application (2014-2019)
3 Global Avionics Systems by Players
3.1 Global Avionics Systems Sales Market Share by Players
3.1.1 Global Avionics Systems Sales by Players (2017-2019)
3.1.2 Global Avionics Systems Sales Market Share by Players (2017-2019)
3.2 Global Avionics Systems Revenue Market Share by Players
3.2.1 Global Avionics Systems Revenue by Players (2017-2019)
3.2.2 Global Avionics Systems Revenue Market Share by Players (2017-2019)
3.3 Global Avionics Systems Sale Price by Players
3.4 Global Avionics Systems Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Avionics Systems Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Avionics Systems Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
12 Key Players Analysis
12.1 Rockwell Collins
12.1.1 Company Details
12.1.2 Avionics Systems Product Offered
12.1.3 Rockwell Collins Avionics Systems Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Rockwell Collins News
12.2 Honeywell Aerospace
12.2.1 Company Details
12.2.2 Avionics Systems Product Offered
12.2.3 Honeywell Aerospace Avionics Systems Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Honeywell Aerospace News
12.3 Thales Group
12.3.1 Company Details
12.3.2 Avionics Systems Product Offered
12.3.3 Thales Group Avionics Systems Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Thales Group News
12.4 Garmin Ltd
12.4.1 Company Details
12.4.2 Avionics Systems Product Offered
12.4.3 Garmin Ltd Avionics Systems Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Garmin Ltd News
12.5.1 Company Details
12.5.2 Avionics Systems Product Offered
12.5.3 Cobham Avionics Systems Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Cobham News
12.6 GE Aviation
12.6.1 Company Details
12.6.2 Avionics Systems Product Offered
12.6.3 GE Aviation Avionics Systems Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 GE Aviation News
12.7 BAE Systems
12.7.1 Company Details
12.7.2 Avionics Systems Product Offered
12.7.3 BAE Systems Avionics Systems Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 BAE Systems News
12.8 Lockheed Martin
12.8.1 Company Details
12.8.2 Avionics Systems Product Offered
12.8.3 Lockheed Martin Avionics Systems Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Lockheed Martin News
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