Helicopter Avionics Industry Size 2018 to 2023 | Market Growth and Upcoming Development by Avidyne Corporation, Astronautics Corporation of America, Cobham, Esterline Technologies, Garmin, Honeywell

Global Helicopter Avionics Market Research Report Information by Systems (Flight Management, Health Monitoring, Communication, Navigation & Surveillance and Electrical & Emergency), by Engine Type (Single & Twin), and by Region – Global Forecast to 2023

Industry News

April, 2018, Elbit Systems Ltd., acquired a private-owned U.S. company, Universal Avionics Systems Corporation. This acquisition will enable the company to offer advanced end-to-end cockpit solutions for commercial OEMs and after market customers.

In April 2018, Rockwell Collins signed an agreement with the Brazilian Army Aviation Command to service avionics equipment. The three-year agreement includes local support for Rockwell Collins’ MFD-255EF Multi-Function Displays, HF-9087D High Frequency (HF) Receiver, and Transmitters, as well as Talon RT-8200 digital radios that are part of a modernization program currently underway.

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Major Key Players

Cobham Plc (U.K),
Esterline Technologies Corporation (U.S.),
Rockwell Collins (U.S.),
Thales Group (France),
Astronautics Corporation of America (U.S.),
Leonardo S.p.A. (Italy),
Elbit Systems Ltd (Israel),
Garmin Ltd (U.S.), Avidyne Corporation (U.S.), Honeywell International Inc. (U.S.), and more.

Honeywell Aerospace along with Rockwell Collins has developed an advanced cockpit technology to deal with the challenges faced by the rotary-wing military aircraft which operates in an environment with low-visibility. With a sensor-impartial approach, the system comprises databases and multiple sensors to create a synthetic 3D environment for the pilots which enable them to look at the synthetic environment of obstacles and also helps the aircraft to land securely.

Market Highlights:

According to a new report by Market Research Future (MRFR), the global market for helicopter avionics is projected to grow at 9.76 % CAGR over the forecast period (2017-2023). The market is estimated to touch 2,583.7 million by 2023, owing to the significant technological advancements. NASA, Boeing, and Rockwell Collins have merged to innovate cockpit avionics systems such as cockpit displays, flight control systems, and autopilots. Avionics systems play an important role in coherent helicopter movements. This system provides essential data such as airstream incidence, airspeed with the help of air-data sensors, aircraft altitude, accelerometers, rate gyros, and pilots stick detector assembly to the pilots. These systems should be updated for the safety of the passengers.

Development of autopilot landing system, introduction to SVAB technology, and increasing demand for health monitoring system, are some of the prominent factors spurring the market growth for helicopter avionics. For instance, National Aeronautics and Space Administration (NASA) in collaboration with the U.S Department of Defense (DoD), Avionics Engineering Center for Synthetic Vision Research, Federal Aviation Administration (FAA), NASA’s Langley Research Center, and other stakeholders focused on the development of synthetic vision system (SVS) research programs.

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Competitive Landscape

Various growth strategies are being adopted by the key players to retain and/or expand their market share. The key strategy followed by most companies within the helicopter avionics market include adoption of a mix of both organic and inorganic growth strategies, followed by new product developments. Various companies, such as Rockwell Collins, Thales Group, Elbit Systems Ltd., have introduced innovative avionics system in helicopters.

North America: Projected to Hold the Largest Share
Based on the region, the market has been spanned across Europe, North America, Asia Pacific, South America, and the Middle East & Africa. Among these, North America has been projected to hold the largest market share with 38.53 % in 2016 with market revenue of USD 522.3 million. The market is expected to witness 10.72 % CAGR over the assessment period. There is a significant investment by the component manufacturers and OEM’s in R&D of advanced avionics in the North American region which has affected the market growth positively. Moreover, due to the presence of world-famous civil, commercial, and military manufacturers like Boeing, Bell Helicopter Textron Inc., and MD Helicopters, Inc., there is a high demand for helicopter avionics system. The Asia Pacific region has become a profitable region for the firms that develop helicopter avionics and related elements.

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