Scope of the Study
Avionics system are the electronic systems which are used on aircraft, artificial satellites, and spacecraft. It includes communications, navigation, the display and management of multiple systems, and the hundreds of systems that are fitted to aircraft to perform individual functions. These are the crucial parts of aircraft which provides operational, and virtual information in flight as well as ground. It receives data from traffic management system and provides to the pilot. Some of the parts are provided with aircraft and some can be customized such as in flight entertainment system.
The market study is being classified by Type (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 system), by Application (Commercial aviation, Military aviation, Business jet & general aviation and Helicopters) and major geographies with country level break-up.
Airbus S.A.S (Netherlands), Aviation Industry Corporation of China Ltd. (AVIC) (China), Astronics Corporation (United States), Boeing (United States), Ball Corporation (United States), BAE Systems (United Kingdom), Cobham plc (United Kingdom), Elbit System (Israel), Safran (France), GE Aviation (United States), Collins Aerospace (United States), Honeywell International (United States), Thales (France), Curtiss-Wright (United States), L3 Communications (United States) and Meggitt (United Kingdom) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Avionics Systems market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Avionics Systems market by Type, Application and Region.
On the basis of geography, the market of 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Development of Aircraft Avionics is Fuelling the Market
- Technological Advancements and Implementation of Latest Systems
- Increasing Passenger Air Traffic
- High Costs Associated with Avionics Systems
- Increased Investments for Up gradation of Avionic Systems in Military Aircraft
- Rising Demand for Real Time Data Analytics
- Increasing Competition Due to Presence of Major Players
Market Leaders and their expansionary development strategies
On January 2019, the Honeywell Aerospace Inc. company and Pipistrel Company has collaborated on aircraft technologies for urban air mobility. It will benefit increase the expertise and a wealth of technology innovation in avionics, navigation, and propulsion.
In April 2019, GE Aviation has announced that it has introduced a new advanced avionics computer specifically built for military and commercial unmanned vehicles which provides an open architecture design that integrates vehicle management and advanced mission processing into a compact, lightweight design and incorporates a hardware and software open architecture approach that offers flexibility and scalability.
The United States Department of Homeland Security is working to raise the baseline for aviation security across the globe by implementing enhanced security measures, both seen and unseen, at all last-point-of-departure airports in 105 countries around the world. These measures will be implemented in phases, in coordination with our international partners. Due to favourable norms and mandatory regulation by the United States these securities are also applicable in airline instruments.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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