Flight Management Systems Market - Forecasts from 2017 to 2022 report comprehensively analyzes the Flight Management Systems industry over the next 6 years. The report takes industry experts views into account while presenting the 360° view of market detailing market forecast, trends, and opportunities over the period 2017 to 2022.
The flight management system market was valued at US$4.222 billion in 2017 and is expected to grow at a CAGR of 6.12% to reach a market size of US$5.682 billion by the year 2022.
The report analyzes various factors driving and restraining the market, opportunities which exist in the current economic scenario, porter’s five forces analysis, industry value chain structure, supplier, and industry outlook.
This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook; key industry and regional regulations which are determining the product specifications and a brief technological aspect of Flight Management Systems. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
The segmentation for Flight Management Systems market has been done as follows:
- Narrow Body
- Wide Body
- Line Fit
- Visual Display Unit
- Control Display Unit
- North America
- South America
- Europe Middle East and Africa
- Asia Pacific
Key industry players profiled as part of the report are:
- Honeywell International Inc.
- General Electric
- Esterline Technologies Corporation
- Lufthansa Systems
- Universal Avionics Systems Corporation
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentations
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis
5. Flight Management Systems Market Forecast by Type (US$ billion)
5.1. Narrow Body
5.2. Wide Body
6. Flight Management Systems Market Forecast by Fit (US$ billion)
6.1. Line Fit
7. Flight Management Systems Market Forecast by Components (US$ billion)
7.1. Visual Display Unit
7.2. Control Display Unit
8. Flight Management Systems Market Forecast by Geography (US$ billion)
8.1.1. North America
8.1.2. South America
8.2. Europe Middle East and Africa
8.3. Asia Pacific
9. Competitive Intelligence
9.1. Investment Analysis
9.2. Recent Deals
9.3. Strategies of Key Players
10. Company Profiles
10.1. Honeywell International Inc.
10.3. General Electric
10.5. Lufthansa Systems
10.7. Universal Avionics
10.8. List is not exhaustive*
The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.
The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.
The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.