Military Aircraft Avionics Market | Global Analysis, by Trends, Size, Share and Key Players like Forecast Avidyne, GE Aviation, Honeywell, Rockwell Collins, Thales Group, Aspen Avionics

Military Aircraft Avionics Market Report by Aircraft Types (Combat Aircraft, Transport Aircraft, Rotorcraft, UAVs, and Others), and by Geography- Forecast to 2021

The Global Military Aircraft Avionics Market is expected to grow at a CAGR of around 3% during 2016-2021

Some Prominent 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

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Market Synopsis of Military Aircraft Avionics

The Global Military Aircraft Avionics Market is expected to grow at a CAGR of around 3% during 2016-2021. Improvement in flight safety, growing demand for synthetic vision systems, and increasing need for advanced avionics systems are the factors driving the market.

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.

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.

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.

The market report for Military Aircraft Avionics 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 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.

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