Military Aircraft Avionics Market - Trends, Forecasts and Analysis (2018 - 2023)

  • ID: 4402460
  • Report
  • 167 pages
  • Mordor Intelligence
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until Dec 31st 2018
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The Global Aircraft Avionics Market is Expected to Register a CAGR of 5.49% During the Forecast Period

FEATURED COMPANIES

  • Alto Aviation
  • BAE Systems
  • Garmin
  • Integrated Dynamics
  • Lockheed Martin
  • Sandia Aerospace
  • MORE
Military Aircraft Avionics Market

The Global Aircraft Avionics Market is expected to register a CAGR of 5.49% during the forecast period. The growth in demand is primarily driven by the increasing number of aircrafts in the APAC region, rise in the budget of military aircrafts due to emerging economies, and the increasing popularity of Unmanned Aerial Vehicles(UAV). The market is shifting towards low maintenance components, as MRO is expensive, and airlines are making efforts to cut it down drastically.

The commercial avionics market is relying highly on the larger commercial aviation market, particularly on the number of aircrafts being delivered and in flight. More the number of aircrafts, the more avionics will be procured by the aircraft original equipment manufacturers (OEMs).

While the global military aircraft market is undergoing a major period of transition, the United States, which is the biggest spender on military aircraft, is reducing its defense expenditure, and plans to reduce its defense budget by 20%, during the next decade. The US will still be the market leader, but its market share will reduce significantly. The share will mostly be taken up by the Asia-Pacific region.

Increasing Popularity of UAV’s

UAVs are becoming one of the most vital weapons in the military's arsenal, in recent times. At the same time, the number of civil and commercial UAV applications are expanding. UAV's are the fastest expanding segment of military aviation research, as Unmanned Aerial Systems, offer a host of operational, technical, and environmental advantages. UAVs use aerodynamic forces to provide lift. They can fly autonomously, or be managed remotely, and are expendable and recoverable, with the capability to carry a lethal or non-lethal payload. Currently, UAV's are employed by militaries around the world for intelligence, surveillance, reconnaissance, electronic warfare, and strike missions. They can be employed for resupply, combat, search and rescue, aerial refueling, and air combat, in the future.

The US Navy agreed upon a USD 12.3 million contract with the BAE Systems Electronic Systems segment in Greenlawn, N.Y., to build 265 conformal-controlled reception pattern antenna (C-CRPA) units, for different versions of the Navy's F/A-18 carrier-based combat jet. The US Navy avionics experts are enquiring designers at BAE Systems Inc., to provide special anti-jam conformal aircraft antennas, to ensure that F/A-18 combat jet pilots have regular access to Global Positioning System (GPS) satellite navigation signals, even in the presence of electronic warfare (EW) jamming, and interference.

Rockwell Collins, Thales Group and GE Aviation are some of the important players in the global commercial and military avionics market.
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FEATURED COMPANIES

  • Alto Aviation
  • BAE Systems
  • Garmin
  • Integrated Dynamics
  • Lockheed Martin
  • Sandia Aerospace
  • MORE
1. Research Methodology

2. Key Findings of The Study

3. Executive Summary

4. Market Overview
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter’s 5 Force Analysis
4.4 Industry Policies

5. Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Increasing Popularity of Unmanned Aerial Vehicles
5.2.2 Increased Safety Measures
5.2.3 Increased Need for accurate data
5.3 Restraints
5.3.1 Low Profitability of Commercial Airlines
5.3.2 Falling Defense Expenditures in the Developed Countries
5.3.3 Airspace Regulations
5.4 Trends
5.4.1 Aspen Avionics buys out Accord Technologies and Av Values llc

6. Avionics Market
6.1 Defence Budget Spending Overview
6.2 Technology Overview
6.3 Segmentation By type
6.3.1 General Aircraft Avionics
6.3.1.1 Flight Instruments
6.3.1.2 Automatic Flight Control Systems
6.3.1.3 Warning and Recording Systems
6.3.1.4 Powerplant and System Monitoring Instruments
6.3.2 Mission Specific Avionics
6.3.2.1 Military Communication Systems
6.3.2.2 Radar Systems
6.3.2.3 Electronic Support Measures
6.3.2.4 Electro Optic Systems
6.3.2.5 Sonar Systems
6.4 Segmentation by Region
6.4.1 North America
6.4.2 Latin America
6.4.3 Africa and Middle East
6.4.4 Asia Pacific
6.4.5 Europe

7. Competitive Intelligence - Company Profiles
7.1 Aspen Technology
7.2 Rockwell Collins
7.3 L3 Communications
7.4 BAE Systems
7.5 Integrated Dynamics
7.6 Moog Inc
7.7 Garmin
7.8 Genesys Aerosystems
7.9 Sandia Aerospace
7.10 Latitude Technologies
7.11 Appareo Systems
7.12 Shadin Avionics
7.13 VT Systems
7.14 Boeing co.
7.15 Honeywell International
7.16 Lockheed Martin
7.17 Cobham plc
7.18 Alto Aviation

8. Investment Analysis
8.1 Recent Mergers and Acquisitions
8.2 Investment Outlook

9. Future of Avionics Market
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  • Aspen Technology
  • Rockwell Collins
  • L3 Communications
  • BAE Systems
  • Integrated Dynamics
  • Moog Inc
  • Garmin
  • Genesys Aerosystems
  • Sandia Aerospace
  • Latitude Technologies
  • Appareo Systems
  • Shadin Avionics
  • VT Systems
  • Boeing co.
  • Honeywell International
  • Lockheed Martin
  • Cobham plc
  • Alto Aviation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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