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Global Avionics Market, 2021 to 2026 – Based on System, Platform, and Geography
Dublin, May 28, 2021 (GLOBE NEWSWIRE) – The report “Avionics Market Based on System, Platform and Geography – Global Forecast to 2026” has been added to ResearchAndMarkets.com’s offering. The key factors responsible for the avionics market are the increasing use of flight management systems, as avionics systems ensure greater safety, increase operational safety and flexibility and minimize the workload of the crew. In addition, the next-generation advanced flight management system will speed up shipping and simplify maintenance. On the other hand, the problems related to cyber attacks are limiting the growth of the avionics market. The avionics market is expected to grow 9.26% CAGR through 2026. Avionics is a technically advanced system that is mainly used in aircraft, spacecraft and helicopters. The aircraft computer system includes various display units installed to perform the respective flight operations. The avionics system consists of a navigation system that navigates the aircraft, communication, monitoring and automatic flight management systems. In addition, these systems often require multiple systems and software upgrades to service them. Avionics market based on system software Training & Simulation Software Flight Management Software Safety-critical flight software aircraft health diagnostics software Mission Flight Management Software Hardware weather system in-flight entertainment system Health Monitoring System Mission and Tactical System Surveillance System Emergency SystemElectrical system navigation system communication system communication system Communication system management system avionics market based on platform Commercial Aviation Military Aviation Business Jets & General Aviation helicopter avionics market Geography North America North America Europe Pacific Rest of the world on the basis of the system is based the Market divided into software and hardware. The hardware segment is expected to hold the highest market share. The hardware is in turn divided into different systems. The hardware system performs several functions such as flight planning, trajectory prediction, navigation, performance calculations and guidance. It can also be integrated as a function on multiple platforms, e.g. B. on integrated modular avionics cabinets (IMA). According to the platform, the market is divided into commercial aviation, military aviation, business and general aviation, and helicopters. The commercial aviation segment has captured a significant market share. This is due to growing air travel, higher disposable income, and exponential growth in international trade and tourism around the world. In addition, the robust expansion of the avionics sector has resulted in an increasing number of aircraft orders to increase passenger traffic. Manufacturers are focusing on avionics components to develop more reliable, accurate, and efficient products. The North American region had the largest market share in this market. The maximum share is attributed to the increasing demand for commercial aircraft and their increasing use in the defense sector to carry out activities such as transportation and surveillance are the factors supporting the market growth in this region. The increasing retrofitting of aircraft to minimize emissions leads to an increase in fuel efficiency etc. is the factor that is driving the growth of the world market. The increasing prevalence of avionics worldwide is mainly attributed to the minimized workload of crew members, which accelerates the growth of the avionics market. Garmin Ltd, Honeywell International Inc., Cobham Defense Communications, United Technologies Corporations, General Electric Company, Rockwell Collins, Die Thales Group, Curtiss-Wright, Teledyne Technologies, L3 Technologies and Meggitt are the major vendors leading the avionics market. Therefore, avionics technology in airplanes, spacecraft, artificial satellites and helicopters plays a prominent role when these systems operate various numbers of operations in an airplane. In addition, modern avionics offers considerable advantages. This report provides an overall analysis of the growth drivers, restraints, opportunities, and other challenges of the Avionics market. This report presents the major developments in the market and the new product launches, mergers and acquisitions, expansions and joint ventures of the market vendors. This report further describes all possible segments and sub-segments in the market to aid the players in strategic business planning. This report also includes the Avionics Market geographical analysis such as: B. global market penetration. Main topics covered: 1. Summary2. Industry outlook 3. Market overview 3.1. Market definition 3.2. Market outlook 3.2.1. Porter Five Forces 3.3. Related markets 4. Market characteristics 4.1. Market overview 4.2. Market segmentation 4.3. Market Dynamics 4.3.1. Driver 4.3.2. Limitations 4.3.3. Opportunities4.4. DRO Impact Analysis 5. System: Market Size and Analysis 5.1. Overview 5.2. Software5.2.1. Training and simulation software 5.2.2. Flight management software 5.2.3. Safety-critical software in the air 5.2.4. Aircraft condition diagnosis software 5.2.5. Mission flight management software5.3. Hardware5.3.1. Weather system 5.3.2. In-flight entertainment system 5.3.3. Health surveillance system5.3.4. Mission & Tactical System 5.3.5. Monitoring system 5.3.6. Emergency system 5.3.7. Electrical system 5.3.8. Navigation system 5.3.9. Communication system 5.3.10. Flight management system 6. Platform: Market Size and Analysis 6.1. Overview 6.2. Commercial Aviation 6.3. Military aviation 6.4. Business Jets & General Aviation 6.5. Helicopter 7. Geography: Market Size and Analysis 7.1. Overview 7.2. North America 7.3. Europe 7.4. Asia Pacific 7.5. Rest of the world8. Competitive landscape 8.1. Competitive comparison analysis 8.2. Market developments 8.2.1. Mergers and acquisitions, law, awards, partnerships 8.2.2. Product launches and execution9. Manufacturer Profiles 9.1. Garmin Ltd 9.1.1. Overview 9.1.2. Financial overview 9.1.3. Product offers 9.1.4. Developments 9.1.5. Business strategy 9.2. Honeywell International Inc. 9.2.1. Overview 9.2.2. Financial overview 9.2.3. Product offers 9.2.4. Developments 9.2.5. Business strategy 9.3. Cobham Defense Communications 9.3.1. Overview 9.3.2. Financial overview 9.3.3. Product offers 9.3.4. Developments 9.3.5. Business strategy 9.4. United Technologies Corporations 9.4.1. Overview 9.4.2. Financial overview 9.4.3. Product offers 9.4.4. Developments 9.4.5. Business strategy 9.5. General Electric Company 9.5.1. Overview 9.5.2. Financial overview 9.5.3. Product offers9.5.4. Developments 9.5.5. Business strategy 9.6. Rockwell Collins 9.6.1. Overview 9.6.2. Financial overview 9.6.3. Product offers9.6.4. Developments 9.6.5. Business strategy9.7. Thales Group9.7.1. Overview9.7.2. Financial overview9.7.3. Product offers9.7.4. Developments9.7.5. Business strategy9.8. Curtiss-Wright 9.8.1. Overview9.8.2. Financial overview9.8.3. Product offers9.8.4. Developments9.8.5. Business strategy9.9. Teledyne Technologies 9.9.1. Overview 9.9.2. Financial overview 9.9.3. Product offers9.9.4. Developments 9.9.5. Business strategy 9.10. L3 Technologies 9.10.1. Overview 9.10.2. Financial overview 9.10.3. Product offers 9.10.4. Developments 9.10.5. Business strategy10. Companies to be observed 10.1. Meggitt 10.1.1. Overview 10.1.2. Products & Services 10.1.3. Business Strategy11. Analyst Opinion12. Appendix For more information on this report, please visit https://www.researchandmarkets.com/r/iaao7t. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For EST office hours, call 1-917-300-0470 For toll-free US / CAN calls, call 1-800-526-8630. 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