Commercial Avionics Systems Market
PUBLISHED: 2022 ID: SMRC21671
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Commercial Avionics Systems Market

Commercial Avionics Systems Market Forecasts to 2028 - Global Analysis By Platform (Military Aviation, Civil Aviation), System (Software, Hardware), End User, and By Geography

4.4 (37 reviews)
4.4 (37 reviews)
Published: 2022 ID: SMRC21671

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $36.38 BN

Projected Year Value (2028)

US $55.52 BN

CAGR (2022 - 2028)

7.3%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific

According to Stratistics MRC, the Global Commercial Avionics Systems Market is accounted for $36.38 billion in 2022 and is expected to reach $55.52 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Commercial avionics systems are the electronic systems utilized on commercial aircraft for navigation, monitoring, and other functions. They are durable, dependable, and do not need continuous updates. They help in controlling, monitoring, navigating, avoiding collisions with other aircraft, and communicating with air traffic control (ATC) towers to upgrade the overall safety of crew and passengers.

Increasing air passenger traffic represents one of the key factors impelling the growth of the avionics market. For instance, according to the Bureau of Transportation, U.S. airlines carried 119.47% more scheduled service passengers in October 2021 than in October 2020. According to the International Air Transport Association (IATA), present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037 at a 3.5% compound annual growth rate (CAGR). Thus, an increase in passengers tends to increase the number of commercial aircraft deliveries.



Market Dynamics:

Driver:

Increasing number of aircraft deliveries

An increase in the number of airline passengers is because of the growth in disposable income of the middle-class population and a rise in the adoption of low-cost airlines. Thus, a rise in passengers tends to increase the number of commercial aircraft deliveries, thereby increasing demand for avionics systems & services. Major countries are witnessing a rise in the number of air passengers and aircraft deliveries.

Restraint:

High costs

Implementation and maintenance costs of avionics systems will be significantly high. Moreover, complications engaged in managing the value chain, due to low profits related to the installation of such expensive systems and the rise in prices of fuel hinder the growth of the market. Air-to-ground technology and the cost associated with the deployment of satellite technology are high. This restrains the adoption rate of connectivity hardware and services by airlines, especially in developing regions.

Opportunity:

Technological advancements

Technological developments such as better in-flight entertainment systems and modern glass cockpits are providing ample opportunities for the commercial avionics systems market. Furthermore, developments in health monitoring systems, and glass cockpits, helped the growth of the market Increase in demand for data analytics in the aviation industry basically drives the growth of the market, particularly in developing regions, where the industry is sufficiently advanced to include such advancements. Real-time data analytics allows for faster data processing speed, which helps in industry decision-making.

The civil aviation aircraft (commercial aviation) segment is expected to be the largest during the forecast period

The civil aviation aircraft (commercial aviation) segment is estimated to have a lucrative growth owing to the increasing air travel, the rise in disposable income of the middle-class population, and increased international trade and tourism across the globe. Developments in this sector has resulted in an increased number of aircraft orders to address the increasing air passenger traffic.

The hardware segment is expected to have the highest CAGR during the forecast period

The hardware segment is anticipated to witness the fastest CAGR growth during the forecast period as hardware performs as an individual unit providing a computing platform and various interfaces to other avionics. Hardware offers primary navigation, flight planning, and optimized route determination and en route guidance to the aircraft.

Region with highest share:

North America is projected to hold the largest market share during the forecast period due to the increasing demand for aircraft for commercial applications and their increasing utility in the defense sector to carry out transport and surveillance activities are additional factors influencing the growth of the market in the region.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period owing to the highest number of aircraft deliveries than any other region and expanding aviation industry in China and India. Moreover, increasing defense spending in the region is likely to create growth opportunities for the market in the region.



Key players in the market

Some of the key players profiled in the Commercial Avionics Systems Market include BAE Systems, Cobham, Curtiss-Wright, Esterline Technologies, Garmin Ltd, GE Aviation, Harris Corporation, Honeywell, L-3 Communications Holdings, Inc, Meggitt, Nucon Aerospace, Safran, Teledyne Technologies, Inc, Thales Group and Collins Aerospace.

Key Developments:

In Nov 2021, Collins Aerospace signed an agreement with Emirates Airline to upgrade its fleet of 101 B777 and 107 A380 aircraft with the company's latest GLU-2100 multi-mode receiver (MMR) and provide a full suite of avionics and satellite communication (SATCOM) capabilities to Emirates’ 777X aircraft.

In March 2019, Honeywell launched a new Mission Communications Terminal and the latest supplemental type certificate for the installation of the Aspire 200 satellite communications system on the Bell B429. These latest technologies and certifications are helping the helicopter market reach a level of connectivity it has never reached before.

Fits Covered:
• Forward Fit/Linefit
• Retrofit

Platforms Covered:
• Military Aviation
• Civil Aviation Aircraft (Commercial Aviation)
• Business Jets & General Aviation
• Helicopters

Systems Covered:
• Software
• Hardware

End Users Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Commercial Avionics Systems Market, By Fit
5.1 Introduction
5.2 Forward Fit/Linefit
5.3 Retrofit

6 Global Commercial Avionics Systems Market, By Platform
6.1 Introduction
6.2 Military Aviation
6.2.1 Unmanned Aerial Vehicles (UAV)
6.2.2 Transport Aircraft/Freighter
6.2.3 Combat Aircraft
6.3 Civil Aviation Aircraft (Commercial Aviation)
6.3.1 Rotary Wing Aircraft
6.3.2 Fixed Wing Aircraft
6.3.2.1 Wide Body Aircraft (WBA)
6.3.2.2 Very Large Aircraft (VLA)
6.3.2.3 Regional Transport Aircraft (RTA)
6.3.2.4 Narrow Body Aircraft (NBA)
6.4 Business Jets & General Aviation
6.5 Helicopters
6.5.1 Military
6.5.2 Commercial

7 Global Commercial Avionics Systems Market, By System
7.1 Introduction
7.2 Software
7.2.1 Training & Simulation Software
7.2.2 Safety-Critical Airborne Software
7.2.3 Mission Flight Management Software
7.2.4 Flight Management Software
7.2.5 Aircraft Health Diagnostic Software
7.2.6 Other Softwares
7.2.6.1 Flight Situational Awareness Solutions
7.2.6.2 Avoidance Re-Routers
7.3 Hardware
7.3.1 Communication Systems
7.3.1.1 Transponder
7.3.1.2 Software-Defined Radio
7.3.1.3 Radio Tuning Unit (RTU)
7.3.1.4 Communications Management Unit (CMU)
7.3.1.5 Antenna
7.3.1.6 Transceiver
7.3.2 Power System
7.3.3 Flight Control & Emergency Systems
7.3.3.1 Auto Flight Control Systems
7.3.3.2 Emergency Beacons
7.3.3.3 Flight Guidance Control Panel
7.3.3.4 Flight Warning System
7.3.3.5 Integrated Standby Unit
7.3.4 Navigation Systems
7.3.4.1 Inertial Measurement Unit (IMU)
7.3.4.2 Multimode Receiver
7.3.4.3 Radio Control Unit
7.3.4.4 Radio Altimeter
7.3.4.5 Attitude and Heading Reference Unit (AHRU)
7.3.4.6 Air Data Units (ADU)
7.3.4.7 Integrated Electronic Standby Instruments
7.3.4.8 Global Positioning Systems (GPS)
7.3.4.9 Inertial Reference System
7.3.4.10 Radio Navigation (DME, VOR/ILS/MB/ADF)
7.3.4.11 Terrain & Traffic Collision Avoidance System
7.3.5 Flight Management Systems (FMS)
7.3.5.1 Flight Management Computer
7.3.5.2 Electronic Flight Instrument Display (EFIS)
7.3.5.2.1 Multi-Function Display (MFD)
7.3.5.2.2 Engine Indicating and Crew Alerting System Display (EICAS)
7.3.5.3 Control Display Unit (CDU)
7.3.5.4 Flight Data Recorder (FDR)
7.3.5.5 Aircraft Interface Unit (AIU)
7.3.5.6 Electronic Flight Bag (EFB)
7.3.5.7 Flight Control System Component
7.3.5.7.1 Flight Control Computer (FCC)
7.3.5.7.2 Air Data Computer (ADC)
7.3.5.7.3 Glass Cockpit Display (GCD)
7.3.5.7.3.1 Primary Flight Display (PFD)
7.3.5.7.3.2 Helmet-Mounted Display (HMD)
7.3.5.7.3.3 Head-Up Display (HUD)
7.3.5.7.4 Remote Electronic Unit (REU)
7.3.5.7.5 Automatic Flight Control (AFC)
7.3.6 Health Monitoring Systems
7.3.6.1 Central Maintenance Computer
7.3.6.2 Health Monitoring Sensor
7.3.7 Commercial Systems
7.3.7.1 Avionics Full-Duplex Switched Ethernet
7.3.7.2 Cockpit Systems
7.3.7.2.1 Control & Display System
7.3.7.2.2 On-Board Airport Navigation System
7.3.7.3 Flight Navigation System
7.3.7.4 Integrated Modular Avionics
7.3.8 Mission & Tactical Systems
7.3.8.1 Cameras
7.3.8.2 Electro-Optical/Infra-Red (EO/IR) Sensors
7.3.8.3 Mission Computers
7.3.8.4 Tactical Air Navigation (TACAN) Receiver
7.3.8.5 Tactical Data Link Receiver
7.3.9 Surveillance and Monitoring Systems
7.3.9.1 Air Traffic Control (ATC)
7.3.9.2 Automatic Dependent Surveillance–Broadcast (ADS-B) Out
7.3.9.3 Flight Information System Broadcast (Fis-B) Receiver
7.3.9.4 Identification, Friend or Foe (IFF) Transponder
7.3.9.5 Radar
7.3.9.6 Traffic Information Service – Broadcast (TIS–B) Receiver
7.3.10 Electrical Systems
7.3.10.1 Power Generation Devices
7.3.10.2 Power Conversion Devices
7.3.10.3 Power Distribution Devices
7.3.10.4 Energy Storage Devices
7.3.11 Weather Systems
7.3.11.1 Lightning Detection Sensor
7.3.11.2 Weather Radars
7.3.12 Air Bourn Early Warning System
7.3.13 Runway Condition Monitoring
7.3.14 Audio and Radio Management Systems
7.3.15 Hydraulic Systems
7.3.16 Cabin Systems
7.3.16.1 Cabin Electronics System
7.3.16.2 In-Flight Entertainment (IFE)
7.3.16.3 Visualizations and Display Systems

8 Global Commercial Avionics Systems Market, By End User
8.1 Introduction
8.2 Original Equipment Manufacturer (OEM)
8.3 Aftermarket

9 Global Commercial Avionics Systems Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa

10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling
11.1 BAE Systems
11.2 Cobham
11.3 Curtiss-Wright
11.4 Esterline Technologies
11.5 Garmin Ltd
11.6 GE Aviation
11.7 Harris Corporation
11.8 Honeywell
11.9 L-3 Communications Holdings, Inc
11.10 Meggitt
11.11 Nucon Aerospace
11.12 Safran
11.13 Teledyne Technologies, Inc
11.14 Thales Group
11.15 Collins Aerospace

List of Tables
1 Global Commercial Avionics Systems Market Outlook, By Region (2020-2028) ($MN)
2 Global Commercial Avionics Systems Market Outlook, By Fit (2020-2028) ($MN)
3 Global Commercial Avionics Systems Market Outlook, By Forward Fit/Linefit (2020-2028) ($MN)
4 Global Commercial Avionics Systems Market Outlook, By Retrofit (2020-2028) ($MN)
5 Global Commercial Avionics Systems Market Outlook, By Platform (2020-2028) ($MN)
6 Global Commercial Avionics Systems Market Outlook, By Military Aviation (2020-2028) ($MN)
7 Global Commercial Avionics Systems Market Outlook, By Unmanned Aerial Vehicles (UAV) (2020-2028) ($MN)
8 Global Commercial Avionics Systems Market Outlook, By Transport Aircraft/Freighter (2020-2028) ($MN)
9 Global Commercial Avionics Systems Market Outlook, By Combat Aircraft (2020-2028) ($MN)
10 Global Commercial Avionics Systems Market Outlook, By Civil Aviation Aircraft (Commercial Aviation) (2020-2028) ($MN)
11 Global Commercial Avionics Systems Market Outlook, By Rotary Wing Aircraft (2020-2028) ($MN)
12 Global Commercial Avionics Systems Market Outlook, By Fixed Wing Aircraft (2020-2028) ($MN)
13 Global Commercial Avionics Systems Market Outlook, By Business Jets & General Aviation (2020-2028) ($MN)
14 Global Commercial Avionics Systems Market Outlook, By Helicopters (2020-2028) ($MN)
15 Global Commercial Avionics Systems Market Outlook, By Military (2020-2028) ($MN)
16 Global Commercial Avionics Systems Market Outlook, By Commercial (2020-2028) ($MN)
17 Global Commercial Avionics Systems Market Outlook, By System (2020-2028) ($MN)
18 Global Commercial Avionics Systems Market Outlook, By Software (2020-2028) ($MN)
19 Global Commercial Avionics Systems Market Outlook, By Training & Simulation Software (2020-2028) ($MN)
20 Global Commercial Avionics Systems Market Outlook, By Safety-Critical Airborne Software (2020-2028) ($MN)
21 Global Commercial Avionics Systems Market Outlook, By Mission Flight Management Software (2020-2028) ($MN)
22 Global Commercial Avionics Systems Market Outlook, By Flight Management Software (2020-2028) ($MN)
23 Global Commercial Avionics Systems Market Outlook, By Aircraft Health Diagnostic Software (2020-2028) ($MN)
24 Global Commercial Avionics Systems Market Outlook, By Other Softwares (2020-2028) ($MN)
25 Global Commercial Avionics Systems Market Outlook, By Hardware (2020-2028) ($MN)
26 Global Commercial Avionics Systems Market Outlook, By Communication Systems (2020-2028) ($MN)
27 Global Commercial Avionics Systems Market Outlook, By Power System (2020-2028) ($MN)
28 Global Commercial Avionics Systems Market Outlook, By Flight Control & Emergency Systems (2020-2028) ($MN)
29 Global Commercial Avionics Systems Market Outlook, By Navigation Systems (2020-2028) ($MN)
30 Global Commercial Avionics Systems Market Outlook, By Flight Management Systems (FMS) (2020-2028) ($MN)
31 Global Commercial Avionics Systems Market Outlook, By Health Monitoring Systems (2020-2028) ($MN)
32 Global Commercial Avionics Systems Market Outlook, By Commercial Systems (2020-2028) ($MN)
33 Global Commercial Avionics Systems Market Outlook, By Mission & Tactical Systems (2020-2028) ($MN)
34 Global Commercial Avionics Systems Market Outlook, By Surveillance and Monitoring Systems (2020-2028) ($MN)
35 Global Commercial Avionics Systems Market Outlook, By Electrical Systems (2020-2028) ($MN)
36 Global Commercial Avionics Systems Market Outlook, By Weather Systems (2020-2028) ($MN)
37 Global Commercial Avionics Systems Market Outlook, By Air Bourn Early Warning System (2020-2028) ($MN)
38 Global Commercial Avionics Systems Market Outlook, By Runway Condition Monitoring (2020-2028) ($MN)
39 Global Commercial Avionics Systems Market Outlook, By Audio and Radio Management Systems (2020-2028) ($MN)
40 Global Commercial Avionics Systems Market Outlook, By Hydraulic Systems (2020-2028) ($MN)
41 Global Commercial Avionics Systems Market Outlook, By Cabin Systems (2020-2028) ($MN)
42 Global Commercial Avionics Systems Market Outlook, By End User (2020-2028) ($MN)
43 Global Commercial Avionics Systems Market Outlook, By Original Equipment Manufacturer (OEM) (2020-2028) ($MN)
44 Global Commercial Avionics Systems Market Outlook, By Aftermarket (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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