The Global Avionics Systems Market Growth 2019-2024 Report added by
DecisionDatabases.com gives an in depth industry analysis of the market. It
covers the costing, sales, revenue details and forecasts.
Avionics are electronics systems used in aircraft for communication,
navigation, and various other flight critical applications. Modern avionics
also aid in improved navigation and routing, provide enhanced situational
awareness to pilots, and improve the ATM process.
North America was the largest production market with a market share
of 45.30% in 2012 and 45.71% in 2017 with a decrease of 0.44%. Europe ranked
the second market with the market share of 42.02% in 2016.
The growth in global air traffic owing to the increasing business
and leisure in various countries across the globe is positively influencing the
market for commercial avionics systems in the aviation industry. The global
market for commercial avionics systems is chiefly driven by increasing need for
real time data to improve aircraft's operational efficiency. Additionally, the
increasing 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. Owing to
these factors, the market for commercial avionics systems is growing at a
significant pace globally.
According to this study, over the next five years the Avionics
Systems market will register a 4.6% CAGR in terms of revenue, the global market
size will reach US$ 35100 million by 2024, from US$ 26800 million in 2019. In
particular, this report presents the global market share (sales and revenue) of
key companies in Avionics Systems business, shared in Chapter 3.
Browse the complete Avionics Systems market
Report and TOC @ https://www.decisiondatabases.com/ip/20146-avionics-systems-market-analysis-report
The key manufacturers
covered in this report:
·
Rockwell Collins
·
Honeywell Aerospace
·
Thales Group
·
Garmin Ltd
·
Cobham
·
GE Aviation
·
BAE Systems
·
Lockheed Martin
·
Northrop Grumman
·
Raytheon
Segmentation by product
type:
·
Flight Control System
·
Flight Management System
·
Health Monitoring System
·
Others
Segmentation by
application:
·
Commercial Use
·
Military Use
This report also splits the market by region:
·
Americas
·
United States
·
Canada
·
Mexico
·
Brazil
·
APAC
·
China
·
Japan
·
…….
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Research objectives
·
To study and analyze the global
Avionics Systems consumption (value & volume) by key regions/countries,
product type and application, history data from 2014 to 2018, and forecast to
2024.
·
To understand the structure of Avionics
Systems market by identifying its various subsegments.
·
Focuses on the key global Avionics
Systems manufacturers, to define, describe and analyze the sales volume, value,
market share, market competition landscape, SWOT analysis and development plans
in next few years.
·
To analyze the Avionics Systems
with respect to individual growth trends, future prospects, and their
contribution to the total market.
·
To share detailed information
about the key factors influencing the growth of the market (growth potential,
opportunities, drivers, industry-specific challenges and risks).
·
To project the consumption of Avionics
Systems submarkets, with respect to key regions (along with their respective
key countries).
·
To analyze competitive
developments such as expansions, agreements, new product launches, and
acquisitions in the market.
·
To strategically profile the
key players and comprehensively analyze their growth strategies.
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Avionics Systems Market Research Report @
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DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
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Web: www.decisiondatabases.com/
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