Avionics Market Size by System (Hardware, Software), By Platform (Commercial Aviation, Military Aviation, Business Jets & General Aviation, Helicopters), By End User (OEM, Aftermarket), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Avionics Market is expected to be around US$ 82.60 Billion by 2028 at a CAGR of 9% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
9
REPORT DESCRIPTION
The Avionics Market is expected to be around US$ 82.60 Billion by 2028 at a CAGR of 9% in the given forecast period.
Rising adoption of flight management systems since they provide high safety, enhances operational reliability and flexibility, and minimizes the workload of the crew is a primary factor propelling growth of the global avionics market. In line with this, the next generation flight management system also enhances dispatch and simplifies the maintenance are few other factors favoring growth of the global avionics market. In addition, the rising modification aircraft to decrease emission, raise fuel efficiency, etc. are some another factors boosting growth of the target market. Moreover, the rising adoption of real-time operating systems, and deployment of advanced navigation systems in aircraft is a factor anticipated to boost growth of the global avionics market during the forecast period. Furthermore, the compulsion for automatic dependent surveillance—broadcast (ADS-B) is resulting in the huge demand for avionics.
Aircraft astronautics embrace navigation, communication, show associate degreed management varied of varied of assorted systems and over many such systems area unit fitted in a craft that perform various individual functions. These systems will be easy moreover as advanced. Basically, the term astronautics could be a combination of the word aviation and physical science. The cockpit of associate degree craft is that the main location for the position of the astronautics instrumentality like management, monitoring, communication, weather, navigation and anti-collision systems. The astronautics Market has encountered important development over the recent years and is anticipated to grow staggeringly over the forecast amount. astronautics could be a term created utilizing 2 words physical science and aviation. It is associate degree physical science framework used helicopters, planes, spacecraft, and artificial satellites. Flight frameworks incorporate administration of various frameworks, shows, route, and correspondence of flying machine.
The global Avionics market is segregated on the basis of System as Hardware and Software. Based on Platform the global Avionics market is segmented in Commercial Aviation, Military Aviation, Business Jets & General Aviation, and Helicopters. Based on End User the global Avionics market is segmented in OEM and Aftermarket.
The global Avionics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Avionics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Safran, Cobham, Curtiss-Wright, Esterline Technologies (Transdigm Inc), Honeywell, Meggitt, Thales Group, United Technologies Corporation (Collins Aerospace), GE Aviation, L-3 Communications Holdings, Inc., and others are among the major players in the global Avionics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Avionics Market has been segmented as below:
Avionics Market, By System
Avionics Market, By Platform
Avionics Market, By End User
Avionics Market, By Region
Avionics Market, By Company
The report covers:
Report Scope:
The global Avionics market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Avionics market share. Major industry players with significant revenue share include Safran, Cobham, Curtiss-Wright, Esterline Technologies (Transdigm Inc), Honeywell, Meggitt, Thales Group, United Technologies Corporation (Collins Aerospace), GE Aviation, L-3 Communications Holdings, Inc., and others.
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Below are our new reports:
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Avionics Market, By System
5.1 Introduction
5.2 Hardware
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Software
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Avionics Market, By Platform
6.1 Introduction
6.2 Commercial Aviation
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Military Aviation
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Business Jets & General Aviation
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Helicopters
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. Avionics Market, By End User
7.1 Introduction
7.2 OEM
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Aftermarket
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Avionics Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Avionics, By System
8.2.2 North America Avionics, By Platform
8.2.3 North America Avionics, By End User
8.3 Europe
8.3.1 Europe Avionics, By System
8.3.2 Europe Avionics, By Platform
8.3.3 Europe Avionics, By End User
8.4 Asia-Pacific
8.4.1 Asia-Pacific Avionics, By System
8.4.2 Asia-Pacific Avionics, By Platform
8.4.3 Asia-Pacific Avionics, By End User
8.5 Rest of the World
8.5.1 Rest of the World Avionics, By System
8.5.2 Rest of the World Avionics, By Platform
8.5.3 Rest of the World Avionics, By End User
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Safran
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Cobham
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Curtiss-Wright
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Esterline Technologies (Transdigm Inc)
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Honeywell
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Meggitt
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Thales Group
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 United Technologies Corporation (Collins Aerospace)
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 GE Aviation
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 L-3 Communications Holdings, Inc.
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Avionics Market has been segmented as below:
Avionics Market, By System
Avionics Market, By Platform
Avionics Market, By End User
Avionics Market, By Region
Avionics Market, By Company
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