Ongoing Measures to Improve Avionics in Modern Aircrafts will Develop Its Market in Upcoming Years

2024-11-06 05:29:13 News & Society

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Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. This Market was valued at US$23.40 bn in 2014, at a CAGR of 3.1% from 2015 to 2021 to account for US$29.28 bn in 2021. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft?s operational efficiency. Additionally, the increasing expectation of the air passengers for enhanced in-flight services and solutions has boosted the demand for in-flight entertainment (IFE), which in turn is pushing the market for commercial avionics systems forward.

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Among all avionics systems, the navigation segment held the highest revenue share of the overall market in 2014. With the various ongoing initiatives to improve the avionics in modern aircrafts, the market for navigation systems is increasing significantly. Additionally, the communication, surveillance, flight control and emergency, cockpit and cabin systems also registered significant market share in the global commercial avionics systems market. Based on aircraft type, the commercial avionics systems used in fixed wing aircrafts accounted for more than 70% in 2014. Rotary wings aircraft segment is growing at a slower pace at present, but is expected to gain pace over the forecast period.

Analysis of macroeconomic factors influencing and inhibiting the growth of the global commercial avionics systems market has been covered under the scope of the study. The market attractiveness analysis provided in the report, highlights the major areas for investing in the global commercial avionics systems industry. The report is intended to help manufacturers; avionics systems suppliers and airlines companies in understanding the present and future trends in commercial avionics systems market and formulate their strategies accordingly.

Global Commercial Avionics Systems Market, 2015 - 2021: By Systems

Integrated Modular Avionics

Avionics Full Duplex Switched Ethernet

Cockpit Systems

> Control & display system
> Head-up display
> On-board airport navigation system

Cabin Systems

> Cabin Electronic Systems
> In flight entertainment (IFE) & Connectivity

Flight Control & Emergency System

> Auto flight control system
> Flight guidance control panel
> Flight warning system

Navigation

> Air data unit (ADU)
> Integrated electronic standby instrument (IESI)
> Attitude & heading reference system (AHRS)
> Inertial reference system (IRS)
> Global positioning system (GPS)
> Flight management system (FMS)
> Radio-navigation (DME, VOR/ILS/MB, ADF)
> Terrain & traffic collision avoidance system (T2CAS)
> Weather radar

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Surveillance

>Radio altimeter
>Air traffic control (ATC)

Electrical Systems

Communication Systems

Central Maintenance Systems

Global Commercial Avionics Systems Market, 2015 - 2021: By Aircraft Type

Fixed Wing Aircrafts

> Very Large Aircrafts
> Wide Body Aircrafts
> Narrow Body Aircrafts

Rotary Wing Aircrafts

The major Global Avionics Suppliers are:

> Rockwell Collins, Inc.
> Honeywell Aerospace
> Thales Avionics
> Panasonic Avionics Corporation
> GE Aviation
> Garmin Ltd.
> United Technologies Corporation
> L-3 Avionics Systems
> Avidyne Corporation
> Universal Avionics System Corporation