Aerospace Avionics Market Size Report 2019 – 2026, Sales Volume, Revenue, Share, Growth Trend and Estimation Forecast

Aerospace Avionics System (Flight Management System, Communication System, Navigation System, Surveillance System, Electric System, Emergency System, Collision Avoidance System, Weather System, Health Monitoring System, Tactical System, In-Flight Entertainment), By Application (Commercial Aviation, Military Aviation, Business Jet & General Aviation, Helicopters), By End-Use (OEM, Aftermarket), Industry Analysis Report, Regional Outlook.

LATEST: This report includes COVID 19 Impact Analysis of the Market

  • Report ID : MD1385
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  • Pages : 185
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  • Tables : 85
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  • Formats :

Aerospace Avionics market revenue is estimated to be $XX Billion in 2019 and shall grow with a CAGR of XX.X% during the forecast period of 2019 to 2026.

Aerospace Avionics Market
Avionics in Aerospace is the eyes and ears of an aircraft. It is a complex amalgamation of electronics and sub-systems that enable an aircraft to detect its targets and approach them with the requisite plan.

Analysis by System
According to the system, the segments are as follows: Flight Management System, Communication System, Navigation System, Surveillance System, Electric System, Emergency System, Collision Avoidance System, Weather System, Health Monitoring System, Tactical System, and In-Flight Entertainment. Flight Management Systems are the bread and butter of the Aerospace Avionics industry. The industry has anticipated new fleet orders from various parts of the globe and thus the need for these systems will rise in the future. The other growing segment is that of Surveillance Systems. These are used in military operations. A lot of countries have committed to upgrade their fighter jet fleets and thus will make a large demand-pull for these systems.
  
Analysis by Application
According to the application, the segments are Commercial Aviation, Military Aviation, Business Jet & General Aviation, and Helicopters. Commercial aviation is the unbeaten hero of the industry. The rising air traffic year on year is contributing to significant demand for Aerospace Avionics. Newer routes are coming up in major geographies of the world and this will propel growth even faster than before. Medium to wide-body aircraft is being demanded by the governments on a large scale. This will further have very lucrative business opportunities for the players in this market.
 
Analysis by End-use
According to End-use, there are two main segments. These are OEM and Aftermarket. OEMs will have a large say in the demand for Aerospace Avionics. They will lead the market capitalization in this segment. This is because of the large number of aircraft deliveries that have already been agreed upon. Certain geographies will contribute more to commercial aviation than others but the overall market scenario looks poised for tremendous growth. 
 
Analysis by Region
North America is a major demand center for a lot of the Aerospace Avionics industry. This is because of the presence of reputed manufacturers in the region. Further, the aerospace infrastructure is all set to be modernized in the USA and Canada. This will fuel further demand. The business attractiveness is so good in these regions that manufacturers are looking to cement long-term sale contracts with Aircraft operators.
 
Analysis by Company
Prominent players in the industry are Cobham Plc, Thales Group, Honeywell, L3 Harris Corporation, Safran S.A., Airbus S.A.S, Boeing, BAE Systems, Saab AB, and Honeywell International. Pre-purchase agreements are being framed between the manufacturers and the operational businesses to make the business more lucrative. This enables the airline operators to negotiate the best deals with the OEMs and it enables stability of revenue for the manufacturers. Safer and sturdier avionics products are being manufactured and included in new versions. This augurs very well for an industry that is set to take-off in a favorable business environment.
 
COVERAGE HIGHLIGHTS    
●   Market Revenue Estimation and Forecast (2019 – 2026)
●   Market Production Estimation and Forecast (2019 – 2026)
●   Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
●   Breakdown of Revenue by Segments (2019 – 2026)
●   Breakdown of Production by Segments (2019 – 2026)
●   Breakdown of Sales Volume by Segments (2019 – 2026)
●   Gross Margin and Profitability Analysis of Companies
●   Business Trend and Expansion Analysis
●   Import and Export Analysis
●   Regional Analysis and Market Data Breakdown
 
MARKET SEGMENTATION
By System Outlook ($Revenue and Unit Sales, 2019-2026)
•    Flight management system
•    Communication system
•    Navigation system
•    Surveillance system
•    Electric system
•    Emergency system
•    Collision avoidance system
•    Weather system
•    Health monitoring system
•    Tactical system
•    In-flight entertainment system

By Application Outlook ($Revenue and Unit Sales, 2019-2026)
•    Commercial aviation
•    Military aviation
•    Business jet & general aviation
•    Helicopters

By End-use Outlook ($Revenue and Unit Sales, 2019-2026)
•    OEM
•    Aftermarket

By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
•     North America
•    The U.S.
•    Canada
•    Europe
•    UK
•    Germany
•    France
•    Italy
•    Spain
•    Russia
•    Netherlands
•    APAC
•    China
•    India
•    Japan
•    South Korea
•    Australia
•    LAMEA
•    Brazil
•    Mexico
•    Colombia
•    Chile
•    MEA
•    Saudi Arabia
•    South Africa
•    UAE
•    Turkey

Market Players
•    Airbus S.A.S
•    Aviation Industry Corporation of China Ltd. (AVIC)
•    Astronics Corporation
•    Boeing
•    Ball Corporation
•    BAE Systems
•    Cobham plc
•    Curtiss Wright
•    Elbit System
•    Gramin Ltd
•    GE Aviation
•    Harris Corporation
•    Honeywell International Inc.
•    Lockheed Martin Corporation
•    L3 Harris Corporation
•    Meggitt PLC
•    Northrop Grumman Corporation
•    Nucon Aerospace
•    Panasonic Corporation
•    Rolls Royce
•    Raytheon Company
•    Saab AB
•    Safran
•    Thales Group
•    Teledyne Technologies Inc.
•    Transdigm Group Inc

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