Commercial Avionics Systems Market Scope
Avionics refers to an electronic system and equipment specifically designed for use in aviation. Commercial avionics refers to cockpit electronics and airborne equipment that are utilized in aircraft, spacecraft as well as artificial satellites. The growing demand of people for more leisure air travel increases the need for commercial avionics systems in the aviation industry. These avionics systems are designed for both fixed-wing and rotary-wing aircraft.
Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Commercial Avionics Systems market throughout the predicted period.
Garmin Ltd. (United States), Rockwell Collins, Inc. (United States), Panasonic Avionics Corporation (United States), GE Aviation (United States), Honeywell Aerospace (United States), Thales Avionics (France), L-3 Avionics Systems (United States), Universal Avionics System Corporation (United States), Avidyne Corporation (United States) and BAE Systems (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are United Technologies Corporation (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Commercial Avionics Systems market by Type (Navigation Equipment and System, Flight Control Systems, Flight Management Systems, Data Management Systems, Avionics Integration Systems and Others (Flight Warning Systems, Hydraulic Systems, etc.)), by Application (Navigation, Communication and Surveillance) and Region with country level break-up.
On the basis of geography, the market of Commercial Avionics Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On July 13, 2018, L3 Technologies has launched L3 Commercial Aviation. This is the first of its kind to integrate both on- and off-aircraft products and services for aviation customers.
In 2020, to comply with the United States implementation date of the Automatic Dependent Surveillance-Broadcast (ADS-B) and the related Required Navigation Performance programs, older aircraft needs significant hardware change.
- The emergence of Advanced Avionics Systems for Next-gen Aircraft
- Increasing Number of Commercial Aircraft Sales across the Globe
- Growth in Emerging Economies and Increasing Need for Real-time Data Analytics
- Growth in the Individual Parts of Integrated Modular Avionics (IMA), Glass Cockpits, and Enhanced Awareness Devices
- Lack of Interest by Clients for the Implementation of Modern Systems Owing To the Higher Threat of Cyber-Attacks
- Stick to Mandatory Certifications Designed by the Aviation Industry and Training for Pilots
Key Target Audience
Commercial Avionics Systems Manufacturers, Parts and Accessories Suppliers, Commercial Aircraft Manufacturers, Distributors and Suppliers, Government and Defense, End-Use Industries and Others