MRO Magazine

Research and Markets: Commercial Avionics Systems Market by Sub-systems, by Platform and by Geography – Forecast & Analysis 2014-2020


September 10, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/f6m8pp/commercial) has announced the addition of the “Commercial Avionics Systems Market by Sub-systems (FMS, Flight Control Systems, Navigation, Communication, & Surveillance Systems, HMS, and Aircraft Electrical & Emergency Systems), by Platform (Fixed Wing and Rotary Wing), and by Geography – Forecast & Analysis (2014 – 2020)” report to their offering.

The commercial avionics systems market was estimated at $15.74 Billion in 2014 and is projected to register a CAGR of 7.06% to reach $23.71 Billion by 2020.

Avionics systems are all those electronic systems that are used for carrying out individual functions for aircraft operations.

This report describes the analysis and forecast of the commercial avionics systems market. It is segmented on the basis of platform, sub-systems, and geography. The report highlights the factors driving the market, along with the restraints. It addition to this, it contains a brief about the recent technologies, market & industry trends.

The commercial avionics systems market covers five major systems, namely, Flight Control Systems, Communication, Navigation & Surveillance systems, Flight Management Systems, Health Monitoring Systems, and Aircraft Electrical & Emergency Systems. Adjacent to this, the geographical analysis embodies the market forecast of the major regions, which include North America, Europe, APAC, and Rest of the World; amongst which, North America and Europe are currently dominating the market while the APAC market is expected to grow at the highest CAGR by 2020.

The report offers the leading competitors in the commercial avionics systems market the general overview of companies, and also provides their financial position, key products, and market sizes.

The key players in this market include Honeywell International, Inc. (U.S.), Thales (France), Rockwell Collins (U.S.), United Technologies Corporation (U.S.), and GE Aviation (U.S.).

For more information visit http://www.researchandmarkets.com/research/f6m8pp/commercial

Research and Markets
Laura Wood, Senior Manager
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Sector: Avionics