Commercial Aircraft Avionics Systems Market: Current Trends, Business Opportunities, Challenges & Industry Analysis by 2021

Market Research Future

Market Synopsis of Global Commercial Aircraft Avionics Systems Market

The Global Commercial Aircraft Avionics Systems Market is expected to grow at a CAGR of around 6% during 2016-2021. The key factors driving the growth are demand for lightweight avionics systems, growing fleet size & aircraft orders, increase in demand from emerging economies, and regulation related to aviation safety.

As per the MRFR analysis, the growing concern over cyber-attacks, the high maintenance cost, rising expense of training air crew, and the economic turbulence in several countries are factors restraining the market growth of commercial aircraft avionics systems markets.

Key Players

Some of the key players in the Global Commercial Aircraft Avionics Systems Market are Cobham, Honeywell, Panasonic Avionics, Rockwell Collins, Thales, Curtiss-Wright, Elbit Systems, Garmin, GE Aviation, L-3 Communications, Universal Avionics System, and Zodiac Aerospace.

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Target Audience

  • Aircraft Avionics OEMs
  • Component Suppliers
  • Aftermarket suppliers
  • Research Institute / Education Institute
  • Potential Investors
  • Key executive (CEO and COO) and strategy growth manager

Study Objectives

  • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Commercial Aircraft Avionics Systems Market
  • To provide insights about factors affecting the market growth
  • To analyse the commercial aircraft avionics systems market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
  • To provide country-level analysis of the market with respect to the current market size and future prospective
  • To provide country-level analysis of the market for segment by sub-system, platform, and fit
  • To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
  • To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Commercial Aircraft Avionics Systems Market

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Regional and Country Analysis

As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period to reach $XX billion. Whereas, APAC will have significant growth and is expected to grow at healthy CAGR of around 9% during the forecast period.

Americas market is driven by adoption of advanced technology to improve the aircraft efficiency, the rising need for real-time data, the existence of a well-established air network, and aircraft modernization with improved avionics systems.

The market report for Global Commercial Aircraft Avionics Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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