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Military Aircraft Avionics Market 2018-2023 : Avidyne, GE Aviation, Honeywell, Rockwell Collins, Thales, Aspen Avionics, Curtiss-Wright, Elbit, ForeFlight, L-3, Sagetech, Xavion, Zodiac Aerospace

08-31-2018 06:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Military Aircraft Avionics

Military Aircraft Avionics

Military Aircraft Avionics Market Research Report 2018 published By Market Research Future, provides information on Global Military Aircraft Avionics Market By Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation by Aircraft Types (Combat Aircraft, Transport Aircraft, Rotorcraft, UAVs, and Others), and by Geography- Forecast to 2021

Military Aircraft Avionics Market – Market Overview

Aircraft avionics are the electronic systems that are used for the communication, navigation, and as a support for various flight-critical applications in an airplane. These are highly critical components in the modern aircraft as they also aid in the provision of improved navigation and routing, enhanced situational awareness to pilots, and improved air traffic management (ATM) process.

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Military avionics are very crucial during wartime for airborne operations. Avionics systems are essential for flight operations and other aircraft control functions. The modern military avionics system help to enhance safety and situational awareness. Thus, utilization of advanced military avionics system, are extremely important in modern asymmetric warfare. Military fleet of aircraft, are thus further fitted with modern military avionics systems to enhance the airborne capabilities.

In the early 2000s, NASA had envisioned NASA AvSP in partnership with the FAA, the US Department of Defense (DOD), aircraft manufacturers, airlines, and universities in the US. The program’s goal was to reduce the fatal aircraft accident rates by 90% in two and a half decades in the US. Several countries (respective air force) also give high priority to the improvement of flight safety and reliability. Such demands for the improvement of aviation safety and reliability boosts the aircraft global market, as the avionics systems such as the synthetic vision system, have proven to enhance situational awareness for pilots.

Limited visibility is one of the major factors leading to fatal aviation accidents worldwide. Incidents of aircraft collision and CFIT accidents occur because of the lack of awareness of surrounding terrain while operating in poor visibility. CFIT is one of the biggest causes of accidents in both fixed-wing aircraft and rotorcraft, and reducing this requires an accurate terrain database. Modern avionics provides pilots with clear views of their surroundings even in bad weather and low-light conditions. It offers virtual reality displays in aircraft cockpits showing terrain, air traffic, runway surfaces, landing and approach patterns, and obstacles that could affect an aircraft’s flight. It significantly improves safety and can help prevent aviation accidents.

Key Player

Some of the key players in the Military Aircraft Avionics Market are Avidyne, GE Aviation, Honeywell, Rockwell Collins, Thales Group, Aspen Avionics, Curtiss-Wright, Elbit Systems, ENSCO Avionics, ForeFlight, L-3 Avionics Systems, Sagetech, Xavion, Zodiac Aerospace, and Hilton Software

Industry/ Innovation/ Related News:

October, 2017:- The US Air Force signed a contract with Rockwell Collins, to provide maintenance and sustainment support for the KC-10 avionics systems, over the next nine years.

July, 2017:- Elbit System signed a contract with Lockheed Martin, to develop a panoramic cockpit display unit for the F-35 aircraft, which would replace the plane’s currently equipped cockpit display system, developed by L3 Technologies.

Military Aircraft Avionics Market – Segments

For the convenience of the report and enhanced understanding; the military aircraft avionics market is segmented in to three key dynamics:

Segmentation by Type: General Aircraft Avionics and Mission Specific Avionics.
Segmentation by Aircraft Type: Fixed Wing and Rotary Wing.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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Regional and Country Analysis of Military Aircraft Avionics Market

As per the MRFR analysis, the Asia Pacific is the leading market and is expected to grow at a CAGR of 3% in the forecast period, followed by EMEA and Americas.

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 details 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.

Study Objectives of Military Aircraft Avionics

• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global Military Aircraft Avionics market• To provide insights about factors affecting the market growth

• To Analyze the Military Aircraft Avionics market based on various factors- price analysis, supply chain analysis, Porters five force analysis.

• To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa

• To provide country level analysis of the market with respect to the current market size and future prospective

• To provide country level analysis of the market for segment by aircraft types and by region as well as its sub segments

• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Military Aircraft Avionics market

Get More Information on Report @ https://www.marketresearchfuture.com/press-release/military-aircraft-avionics-industry

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 Edibles.
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.

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