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Commercial Avionics Market By System Type (Flight Control And Management Systems, Display Suites, Radio Tuning Communication Systems, In-Flight Entertainment Systems), By Channel (Forward Fit, Retrofit), By Aircraft Type (Fixed Wing, Rotary Wing) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

Commercial avionics refers to several electronic systems used in various aircraft, such as airplanes, drones, and helicopters, among others. Some of the key systems widely used in aircraft include flight control and management systems, display systems, radio tuning and communication systems, and in-flight entertainment systems. Flight control and management systems are used in aircraft to continuously monitor air traffic and automatically navigate toward the destination. Flight control and management systems enable aircraft operators to achieve enhanced efficiency and security during flights. In order to effectively monitor and observe various readings, aircraft are equipped with numerous types of displays, including head-up displays, flight displays, and head-mounted displays that provide easy access to the pilots. Furthermore, the flight decks also include integrated radio and communication systems, enabling pilots to communicate quickly with the respective airbase or airport for clearance and other emergencies. Depending on the type of aircraft, various types of systems can be deployed. Depending on the type of aircraft, such as fixed wing or rotary wing, different flight management systems and display suites can be used to improve flight efficiency and safety. In addition, these electronic systems can be installed during the production of the aircraft or can be later installed by the end-user, depending on their preferences.

One of the major factors driving the growth in commercial avionics is the rising need to achieve a higher degree of safety and efficiency in airline traffic. In addition, the ADS-B mandate being implemented in most of the key markets across the world is expected to drive the adoption of the latest and most advanced avionics in various commercial aircraft. As a result, the commercial avionics market is expected to expand rapidly in the coming years.

The report titled "Global Commercial Avionics Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global commercial avionics market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on system type, channel, and aircraft type and a cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report covers a section providing production and pricing trends in some of the major markets.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading providers of commercial avionics, market positioning, and key developments. Some of the major players profiled in the report are Honeywell International, Inc., Universal Avionics Systems Corporation, Rockwell Collins, Inc., Thales Group, GE Aviation, L3 Technologies, Inc., Cobham PLC, Saab AB, UTC Aerospace Systems, Teledyne Technologies Incorporated, Garmin Ltd., Esterline Technologies Corporation, Meggitt Avionics, and Panasonic Avionics Corporation.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the commercial avionics industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global commercial avionics market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global commercial avionics market is segmented, based on system type, into the following categories:

  • Flight Control and Management Systems
  • Display Suites
  • Radio tuning and communication systems
  • In-flight Entertainment Systems

 

On the basis of system type, the overall commercial avionics market was led by the flight control and management systems segment in 2016. The segment held nearly 40% of the overall commercial avionics market across the globe. With the increasing demand for enhanced navigation and autopilot systems, flight control and management systems have witnessed significant adoption over the years. The segment is expected to witness continued growth during the forecast period from 2017 to 2025.

The in-flight entertainment systems segment is expected to witness the fastest growth as compared to other systems in the following years. Consumer demand for Internet connectivity and entertainment media has led to an increase in the adoption of in-flight entertainment solutions by various commercial airlines. Moreover, with additional revenue opportunities, these systems have offered airline operators a viable solution to achieving higher passenger satisfaction without incurring additional operating costs.

The global commercial avionics market has been segmented on the basis of geographical regions, as per the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

In 2016, North America represented the largest market for commercial avionics in terms of revenue. The region is primarily supported by a large concentration of aircraft manufacturing in the U.S. The region accounted for almost 65% of the overall commercial avionics sales in 2016 across the world. With continued aircraft development accompanied by stringent norms pertaining to the avionics industry, the North American commercial avionics market is expected to grow at the fastest rate as compared to the other regions. Europe and Asia Pacific followed North America in the overall commercial avionics market globally in 2016. Factors such as increasing concerns related to aircraft and passenger safety and growing demand for advanced solutions from all across the world are driving the growth of the overall commercial avionics market globally.

Frequently Asked Questions:

The market for Commercial Avionics is expected to reach US$ 16.7 Bn in 2025.

The Commercial Avionics market is expected to see significant CAGR growth over the coming years, at 7.1%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Honeywell International, Inc.,Universal Avionics Systems Corporation,Rockwell Collins, Inc.,Thales Group,GE Aviation are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2017
Category:  Aerospace & defense
Report ID:   58503
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
Delivery Time: 24 Hours to 48 Hours   
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