The growing adoption of electrical and electronics components and systems towards the digitation of aircraft has facilitated in superior control as well as management of the critical aircraft process and equipment. Moreover, the avionics systems facilitate assistance in effective and efficient monitoring, controlling, and engaging various communication, equipment status, system health monitoring, and other key processes. For instance, the avionics system aid in improved navigation, communications display, and management of various aircraft components.
MARKET DYNAMICS
Factors such as increase in number of air passengers coupled with rise in military budgets for developing superior aircraft are major market driving forces. Further, the integration of various connected equipment, components, and popularity of connected vehicles are also anticipated to fuel the demand for IoT enabled superior avionics systems installed in the aircraft in the coming years. Thus, the market is expected to witness significant traction owing to an increase in spending towards the development of superior next generation aircraft systems and subsequently projected to provide numerous lucrative profitable opportunities for the market players in the coming years.
MARKET SCOPE
The "Global Aircraft Avionics System Market Analysis to 2028" is a specialized and in-depth study of the Technology, Media and Telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aircraft avionics system market with detailed market segmentation by offering, sub-system, end-user, aircraft type, and geography. The global aircraft avionics system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aircraft avionics system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Aircraft Avionics System market is segmented on the basis of offering, aircraft type, sub-system, and end-user. Based on offering, the market is segmented as products, and service. Further, on the basis of aircraft type the market is broadly classified into narrow-body aircraft, wide-body aircraft, and others. By sub-system, the market is segmented into flight management system, flight control system, health monitoring systems, electrical & electronics systems, and others. Finally, by end-user the market is bifurcated into commercial and defense.
TABLE OF CONTENTS
LIST OF TABLES
LIST OF FIGURES
The List of Companies
1. Aviation Industry Corporation of China
2. BAE Systems
3. Dassault Aviation
4. GE Aviation
5. L-3 Communications Holdings, Inc.
6. Panasonic Avionics Corporation
7. Rockwell Collins
8. Thales Group
9. United Technologies Corporation
10. Universal Avionics Systems Corporation