Global Commercial Aircraft Avionics Systems Market that is poised to grow at 4% CAGR to 2019

Avionics are electronics systems used in aircraft for communication, navigation, and various other flight critical applications. Avionics are one of the most expensive and highly critical components in modern aircraft. Modern avionics also aid in improved navigation and routing, provide enhanced situational awareness to pilots, and improve the ATM process.

The analysts forecast global commercial aircraft avionics system market to grow at a AGR of 4.90% during the period 2014-2019.

Covered in this Report

This report covers the current scenario and growth prospects of the global commercial aircraft avionics systems market for the period 2015-2019. It provides a global overview, market shares, market segmentation by aircraft type, and growth prospects by region (APAC, EMEA, and the Americas). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

The report, Global Commercial Aircraft Avionics Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers EMEA, the Americas, and APAC. The report also includes a discussion of the key vendors operating in this market.

Key Regions

  • Americas
  • APAC
  • EMEA

Key Vendors

  • Cobham
  • Honeywell
  • Panasonic Avionics
  • Rockwell Collins
  • Thales

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Other Prominent Vendors

  • Curtiss-Wright
  • Elbit Systems
  • Garmin
  • GE Aviation
  • L-3 Communications
  • Universal Avionics System
  • Zodiac Aerospace

Market Driver

  • Demand for lightweight avionics systems

Market Challenge

  • Challenges associated with introduction of new technology

Market Trend

  • Airspace modernization program prompting avionics systems upgrade

Key Questions Answered in this Report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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