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Commercial Avionics Systems Market by Sub-System, Platform, Fit and Geography - Global Forecast to 2020

Commercial Avionics Systems Market: Global Forecast until 2020

  • February 2016
  • 165 pages
  • ID: 3703378
In this report:
The North American region is expected to contribute the largest share of ##.##%, followed by Europe, expected to contribute a share of ##.##% to the commercial avionics systems market in 2015.
India accounted for a share of ##.##% of the market in 2015, and the market in the country is expected to grow from USD ##.## million in 2015 to USD ##.## million by 2020, at a CAGR of ##.##% during the forecast period.

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Implementation of avionics systems for next-generation aircraft is driving the increase of the commercial avionics systems market

The commercial avionics systems market is forecasted to grow from ~$16.7B in 2015 to ~$22.5B by 2020, at a compound annual growth rate (CAGR) of ~6.1 percent between 2015 and 2022. The sector for commercial avionics systems is influenced by factors, including growth in aircraft orders and deliveries, increase in developing economies, and implementation of avionics systems for next-generation aircraft.

The narrow body aircraft market is anticipated to rise at an important compound annual growth rate (CAGR) during the estimate period

Established on aircraft type, the commercial avionics market is broken down into very big aircraft, wide body aircraft, narrow body aircraft, and regional transport aircraft. The narrow body aircraft market is forecasted to account for the biggest market share during the outlook period.

North America (NA) controls the commercial avionics systems market; this sector in the Asia-Pac area is expected to grow at the highest compound annual growth rate (CAGR) between 2015 and 2022

In 2015, North America continent is expected to account for the biggest share of the commercial avionics systems market. Nevertheless, the Asia-Pacific area is forecast to witness the more important increase rate in the commercial avionics systems market in the next years. This is primarily attributed to the increase of the aviation market in the Asia Pacific (APAC) area, thereby propelling the demand of commercial avionics systems.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main industry personnels. The distribution of profiles of participants is listed below:

- By Company category: Tier-1 (55.0 percent), Tier-2 (20.0 percent), and Tier-3 (25.0 percent) firms

- By Designation: C-level (75.0 percent), and Manager Level (25.0 percent)

- By area: North america (NA) (10.0 percent), Europe (20.0 percent), Asia-Pacific (40.0 percent), and Rest of the World (30.0 percent)

Top actors operating in the commercial avionics systems market contain Honeywell (NYSE:HON), Thales (HO), Rockwell Collins (NYSE:COL), United Technologies Corporation (NYSE:UTX), and GE Aviation, among others.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized several levels of analysis - industry (sector trends, and Porter's Five Forces Analysis), market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the commercial avionics systems market; high-growth areas and territories and their specific regulatory policies; government actions; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information provided by the most important 10 market actors in the commercial avionics systems market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the commercial avionics systems market

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for commercial avionics systems across different regions

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the commercial avionics systems market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the commercial avionics systems market

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