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Commercial Avionics Systems Market - Global Forecast to 2020

The commercial avionics systems market is expected to grow from USD 16.73 billion in 2015 to USD 22.49 billion by 2020, at a CAGR of 6.10% from 2015 to 2020. The market for commercial avionics systems is driven by factors, such as increase in aircraft orders and deliveries, growth in developing economies, and implementation of avionics systems for next-generation aircraft.

Commercial Avionics Systems Market - Global Forecast to

Commercial Avionics Systems Market by Sub-System (FMS, FCS, CNS, HMS, and Electrical & Emergency Systems), Platform (Fixed Wing and Rotary Wing), Fit (Forward and Retro) and Geography - Global Forecast to 2020 Published On : February 2016 Category : Aerospace & Defence Pages : 165 pages Contact : International : (+1) 646 781 7170 help@grandresearchstore.com Report Description: Implementation of avionics systems for next-generation aircraft is driving the growth of the commercial avionics systems market The commercial avionics systems market is expected to grow from USD 16.73 billion in 2015 to USD 22.49 billion by 2020, at a CAGR of 6.10% from 2015 to 2020. The market for commercial avionics systems is driven by factors, such as increase in aircraft orders and deliveries, growth in developing economies, and implementation of avionics systems for next-generation aircraft. The narrow body aircraft market is anticipated to grow at a high CAGR during the forecast period Based on aircraft type, the commercial avionics market is segmented into very large aircraft, wide body aircraft, narrow body aircraft, and regional transport aircraft. The narrow body aircraft market is expected to account for the largest market share during the forecast period.

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