The increase in global air traffic owing to the increasing business and leisure in numerous countries across the globe is definitely influencing the market for commercial avionics systems in the aviation industry. The growth of commercial avionics systems market is also driven and influenced by the following factors like increased number of orders and deliveries of aircrafts, emerging economies, growing popularity of integrated modular avionics, growing need for real-time data, rising implementation of modern systems for next-generation aircrafts.
Additionally, the growing expectation of the air passengers for enhanced in-flight services and solutions has boosted the demand for in-flight entertainment (IFE), which in turn is pushing the market for commercial avionics systems forward.
The growing apprehensions to improve the safety and surveillance in aircrafts are also impelling the growth of global commercial avionics systems market. Modern avionics systems offers benefits to the pilot and the crew in terms of efficient and easy control, communication and display functions, thereby reducing risks associated with human errors during flight.
North America held the largest share in the global avionics systems market with more than xx% revenue share in 2015 and is expected to continue its leading position throughout the forecast period. The key drivers affecting the growth of the avionics systems market in North America are growing need for real time data, increasing adoption of advanced technology to advance the efficiency of aircrafts, and reconstruction of parked aircrafts with enhanced avionics systems.
The commercial avionics systems market is dominated by North America, followed by Europe, Asia-Pacific, and rest of the world (Row). The Asia-Pacific region, being a diverse mix of countries and aviation requirements, is expected to witness the highest number of aircraft deliveries than any other region during the forecast period. The increase in aircraft deliveries is expected to lead the commercial avionics systems market. The U.S. holds the largest market share for avionics systems globally. However, Asia Pacific is estimated to be the fastest growing region in the avionics systems market with a CAGR of xx% from 2016 to 2021.
Helps To Find Flight Route By Displaying Pictures
Avionics Systems generally incorporate displays allowing pictures of the flight route as well as basic flight instrument data. While this can be most helpful to world, it can also help to enter into areas where the pilot has no recourse, if any circumstances such as weather or equipment operation changes for the worse. You should never fly further into marginal conditions but avionics systems will help to fly with conventional instruments.
Increases Safety Of Aircraft
Avionics Systems were designed to increase safety as well as utility of the aircraft. Safety is enhanced by enabling better situational awareness. Safety can be augmented by providing more information for people in an easier way to understand presentation. Safety of flight can be hindered if people are not aware of what data the presentation is displaying or confuses that data with other similar information. Safety of flight can be compromised if people attempt to use the avionics to substitute for required weather or aerodynamic needs. Safety of flight can be negated if people know how to use avionics system in flight. The use of avionics helps to reduce risk. Proper use of checklists and systematic training should be employed to control common error-prone tasks and notice errors before they become a threat to safety of flight.
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2. Executive Summary
3. Avionics Systems Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis
4. Avionics Systems Market Forces
4.1. Market Drivers
4.2. Market Constraints & Challenges
4.3. Attractiveness of the avionics Industry
4.3.1. Power of Suppliers
4.3.2. Threats From New Entrants
4.3.3. Power of Buyer
4.3.4. Threat From Substitute Product
4.3.5. Degree of Competition
5. Avionics Systems Market-Strategic Analysis
5.1. Avionic Systems Market - Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Product Life Cycle
5.5. Suppliers and Distributors
5.6. SWOT Analysis
6. Avionics Systems Market -By Sub System
6.2. FMS-Flight Management Systems
6.2.1. Control Display Unit
6.2.2. Visual Display Unit
6.3. FCS-Flight Control System
6.3.1. Primary Flight Control
6.3.2. Secondary Flight Control
6.4. Communication, Navigation & Surveillance Systems Market
6.5. HMS-Health Monitoring System
6.5.1. Aero propulsion
6.5.2. Aero structure
6.6. Electrical Systems
6.7. Emergency Systems
7. Avionics Systems Market -By Platform
7.2. Fixed Wing Avionics
7.2.1. Wide Body Aircraft
7.2.2. Narrow Body Aircraft
7.2.3. Very Large Aircraft
7.2.4. Regional Transport Aircraft
7.3. Rotary Wing Avionics
8. Avionics Systems Market -By Fit
8.2. Forward Fit
8.3. Retro Fit
9. Avionics Systems Market -By Application
9.3. Weather Monitoring
9.5. Satellite Communication
9.6. Target Sighting
9.7. Weapon Management
9.8. Digital Messaging
10. Avionics Systems Market Market-By Geography
10.3.2. South Korea
10.4. Rest of The World (RoW)
11. Avionics Systems Market Entropy
11.1. New Product Developments
11.2. Product launches, JVs , Mergers and Acquisitions
12. Company Profiles
12.1. Air Data Inc.
12.2. Astronics Max-Viz
12.3. Avidyne Corporation
12.4. BAE Systems Plc.
12.6. Curtiss-Wright Corporation
12.7. Data Link Solutions
12.8. EuroAvionics Navigation Systems GmbH Co. KG
12.10. FLIR Systems
12.12. Thales Group
12.13. United Technologies Corporation
12.15. Kitchener Aero
12.16. Kollsman, Inc.
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"