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Commercial Aircraft Avionics Market 2018 Global Industry Analysis By Cobham, Honeywell, Panasonic, Rockwell Collins, Thales, Curtiss-Wright, Elbit, Garmin, GE Aviation, L-3 and Others
Commercial Aircraft Avionics Systems
Market Synopsis of Global Commercial Aircraft Avionics Systems Market:
The Global Commercial Aircraft Avionics Systems Market is expected to grow at a CAGR of around 6% during 2016-2021. The key factors driving the growth are demand for lightweight avionics systems, growing fleet size & aircraft orders, increase in demand from emerging economies, and regulation related to aviation safety.
As per the MRFR analysis, the growing concern over cyber-attacks, the high maintenance cost, rising expense of training air crew, and the economic turbulence in several countries are factors restraining the market growth of commercial aircraft avionics systems markets.
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Industry/ Innovation/ Related News:
April, 2018 – Brazilian Air Force Flight Inspection Group (GEIV), upgraded its fleet of Hawker 800 XP aircraft with Rockewell Collins Pro Line 21 avionics suite.
April, 2015 – Boeing Corporation collaborated with Curtiss-Wright for data-handling avionics for the Crew Space Transportation (CST) – 100 spacecraft that Boeing is building for NASA.
Key Players:
Some of the key players in the Global Commercial Aircraft Avionics Systems Market are Cobham, Honeywell, Panasonic Avionics, Rockwell Collins, Thales, Curtiss-Wright, Elbit Systems, Garmin, GE Aviation, L-3 Communications, Universal Avionics System, and Zodiac Aerospace.
Commercial Aircraft Avionics Systems Market – Segmentation
The Global Commercial Aircraft Avionics Systems Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Sub-System : Comprises FMS, FCS, HMS, Navigation, CNS and Electrical and Emergency Systems
Segmentation by Platform : Comprises Fixed-wing Aircraft and Rotary-wing Aircraft
Segmentation by Fit : Comprises Line-Fit and Retrofit
Segmentation by Regions : Comprises Geographical regions - Americas, EMEA and APAC
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Commercial Aircraft Avionics Systems Market: Regional Analysis
European market is dominating the market of commercial aircraft avionics systems market due to growth in next generation air transport modernization program. Development of commercial aircraft avionics systems market in European region such as Switzerland are driving the market for commercial aircraft avionics systems.
America is referred to as the second-largest commercial aircraft avionics systems market due to factors such as pioneer in terms of avionics research and availability of major vendors have fuelled the demand for commercial aircraft avionics systems market in the country.
Target Audience:
• Aircraft Avionics OEMs
• Component Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
Scope Of Report
The market report for Global Commercial Aircraft Avionics Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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