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Avionics Market by Sub-System, Fit, Platform and Region - Global Forecast to 2022

Avionics Market: Global Forecast until 2022

  • April 2017
  • 169 pages
  • ID: 4838921
In this report:
According to Airbus (Outlook 2016), ##,## single-aisle aircraft, ##,## twin-aisle aircraft, and ##,## very large aircraft will be delivered between 2016 and 2035 globally, with single-aisle aircraft having the highest share of ##% of the total aircraft deliveries.
The global commercial aircraft fleet in service is expected to grow by ##% to ##,## aircraft in 2035.

Summary

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"Avionics market is estimated to rise at a compound annual growth rate of ~6.9 percent during the forecast period"

The avionics market is forecasted to grow from ~$62.2B in 2016 to ~$92.8B by 2022, at a compound annual growth rate of ~6.9 percent from 2016 to 2022. Growth in the number of aircraft deliveries and increase in military aircraft spending by emerging economies are forecast to steer the avionics market in the next years. On the other hand, regulatory framework pertaining to avionics subsystems act as one of the main restraints for the avionics market.

"Established on subsystem, the flight control & management system segment controled the avionics market in 2016"

Established on platform, the flight control & management system segment controled the avionics market in 2016. This is primarily due to the increased demand for modernization of avionics components in the avionics market.

"Established on fit, the line-fit segment controled the avionics market in 2016"

Established on fit, the line-fit segment controled the avionics market in 2016. This is due to the rise in number of aircraft being used by areas for commercial and military use global.

"Established on platform, the defense segment controled the avionics market in 2016"

Established on platform, the defense segment controled the avionics market in 2016. This dominance is essentially attributed to the growth in the number of aircraft and defense deals across region including Asia-Pacific and Europe (EU). Additionally, rise in budget allocation for defense equipment has contributed to the rise of the military segment of the avionics market.

"North America continent controled the avionics market in 2016"

North America (NA) controled the avionics market in 2016. Regions in this area contain the United States and Canada (CA). This sector is forecasted to grow mainly due to the growth in aircraft deliveries and growth in air passenger traffic. The U.S.A is predicted to push the North America avionics market.

Distribution of profile of primary members taking part for this industry report:

- By Company Type: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, Tier 3 - 20.0 percent

- By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

- By area: North america (NA) - 45.0 percent, Europe - 20.0 percent, Asia-Pacific - 30.0 percent, RoW - 5.0 percent

Some of the main actors in the avionics market are Honeywell (NYSE:HON), United Technologies Corporation (NYSE:UTX), Thales (HO), Rockwell Collins (NYSE:COL), Thales (HO), and Cobham Plc.

Segment Research

The study segments the avionics market established on subsystem (flight control & management system, communication, navigation & surveillance systems, monitoring/glass cockpit, electrical & emergency systems, inflight entertainment, and mission/tactical system), fit, and platform (commercial, defense, UAV), and maps these segments and sub-segments across main regions, that is, North America continent, EU, Asia-Pac, and RoW.

The market research offers detailed market intelligence regarding market dynamics and top factors that influence the increase of the avionics market (drivers, business restraints, alternatives, and market-specific challenges), together with analyzing micromarkets with respect to individual developments trends, prospects, and their contribution to the avionics market.

Why Purchasing This Study Can Help You:

From an insight prospect, the avionics market report highlights on several levels of analysis - industry study, market share research of top players, and company descriptions, which together comprise and examine basic views on opposing landscape, high-growth areas, and territories, and their specific regulatory policies, drivers, industry restraints, and possibilities.

The avionics market report offers business insights on these pointers:

- Business entry: Exhaustive information concerning the competitive landscape in the avionics market

- Market Sizing: Market value in financial year 2014-2015 and projection of the market size from 2016 to 2022

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

- Market Overview: Market forces and subsequent analyses of associated trends, drivers, market restraints, and alternatives prevailing in the avionics market

- Industry development: Highlighted information about lucrative industries by analyzing sectors for avionics systems across several areas

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

- Regional Review: Factors influencing market shares of North America, Europe (EU), Asia Pacific (APAC), and Rest of the globe

- Opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of leading market actors

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