Commercial Avionics Systems Market
Commercial Avionics Systems Market analysis & forecast report categorizes global by Sub-segment (FMS, EFB, Flight Control Systems, Navigation, Communication & Surveillance Systems, HMS, and Aircraft Electrical & Emergency Systems), Platform (Fixed Wing and Rotary Wing) & Geography.
Commercial Avionics Systems Market analysis & forecast report categorizes global by Sub-segment (FMS, EFB, Flight Control Systems, Navigation, Communication & Surveillance Systems, HMS, and Aircraft Electrical & Emergency Systems), Platform (Fixed Wing and Rotary Wing) & Geography.
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<strong>Market</strong>sand<strong>Market</strong>s<br />
Presents<br />
<strong>Commercial</strong> <strong>Avionics</strong> <strong>Systems</strong> <strong>Market</strong> worth $23,715.24 Million by 2020<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/commercial-avionic-system-market-<br />
138098845.html
According to a new market research report "<strong>Commercial</strong> <strong>Avionics</strong> <strong>Systems</strong> <strong>Market</strong> by Subsegment<br />
(FMS, EFB, Flight Control <strong>Systems</strong>, Navigation, Communication & Surveillance<br />
<strong>Systems</strong>, HMS, and Aircraft Electrical & Emergency <strong>Systems</strong>), by Platform (Fixed Wing and<br />
Rotary Wing), and by Geography - Forecast 2014 to 2020",The commercial avionics systems<br />
market was estimated at $15,748.26 Million in 2014, at a high CAGR of 7.06% from 2014 to<br />
2020, to reach $23,715.24 Million by 2020.<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/commercial-avionic-system-market-<br />
138098845.html<br />
Browse:<br />
•72 <strong>Market</strong> Data Tables<br />
•69 Figures<br />
•200 pages<br />
Early buyers will receive 10% customization on this report.<br />
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The commercial avionics systems market considers all the systems fitted in the cockpit of the<br />
aircraft, such as control, navigation, monitoring, communication, weather, and anti-collision<br />
systems. Increase in aircraft orders and deliveries across the globe are the major growth<br />
factors for the avionics systems market. The market is also driven by the need for modern<br />
avionic systems. The increase in concern for flight safety and operational & maintenance costs<br />
have led to the need for modern avionics systems.<br />
The growing need for real-time data has been a catalyst to boost the growth of the avionics<br />
systems market. The demand for NextGen avionics is majorly driven by the trends in the<br />
aviation industry where aircraft deliveries and aircraft in operations have always influenced the<br />
industry. The narrow body aircraft are expected to have a high growth due to deliveries and<br />
orders during the forecast period. The ADS-B technology in avionics systems is an opportunity<br />
for manufacturers. However, adherence to mandatory certifications laid down by the aviation<br />
industry and training for pilots are the challenges faced by the commercial avionics systems<br />
market.<br />
The North American region is estimated to account for the largest market share till 2020<br />
followed by the European region. The APAC region is projected to witness the highest number<br />
of aircraft deliveries than any other region during the forecast period. The increase in aircraft<br />
deliveries will eventually lead to the growth of the avionics systems market. Key markets such<br />
as France, the U.S., Russia, China, and India would drive the growth of the market.<br />
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138098845.html
The commercial avionics systems market is highly competitive, with a significant number of<br />
market players. This report studies the growth strategies adopted by these market players. The<br />
strategies adopted by players to expand their global presence and increase their market share<br />
include partnerships, agreements, collaborations, joint ventures, mergers, acquisitions, and<br />
new product launches.<br />
Key players in this market include Honeywell (U.S.), Thales Group (France), Rockwell Collins<br />
(U.S.), Universal <strong>Avionics</strong> <strong>Systems</strong> Corporation (U.S.), and Garmin Ltd. (Switzerland), among<br />
others. The other prominent players in the market are Universal <strong>Avionics</strong> <strong>Systems</strong> Corporation<br />
(U.S.), Gramin Ltd. (Switzerland), Zodiac Aerospace SA (France), Meggitt Plc. (U.K.), Cobham<br />
Plc. (U.K.), Esterline Technologies Corporation (U.S.), Teledyne Technologies, Inc. (U.S.), L-3<br />
Communications Holdings, Inc. (U.S.), and Panasonic <strong>Avionics</strong> Corporation (U.S.).<br />
Scope of the report<br />
This report analyzes the commercial avionics systems market based on:<br />
The basis of avionics systems<br />
•Flight Control <strong>Systems</strong><br />
•Electrical & Emergency <strong>Systems</strong><br />
•Flight Management <strong>Systems</strong><br />
•Health Monitoring <strong>Systems</strong><br />
•Communication, Navigation & Surveillance <strong>Systems</strong>
•The basis of platforms<br />
•Fixed Wing Platform<br />
•Narrow Body Aircraft<br />
•Wide Body Aircraft<br />
•Very Large Aircraft<br />
•Regional Jets<br />
•Rotary Copter<br />
•The basis of geographies and countries<br />
•North America<br />
•Europe<br />
•Asia-Pacific<br />
•Rest of the World<br />
In addition to market sizes and forecasts, this report also provides a detailed analysis of the<br />
market and technology trends to gain competitive market intelligence. The impact of drivers<br />
and restraints and their impact on this market have been listed to provide an in-depth insight of<br />
the market.<br />
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