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Flight Management Systems (FMS) Market to See Major Growth by 2025 | Key Players Honeywell, International Inc., Thales Group, General Electric Company, Rockwell Collins, Esterline Technologi

03-24-2020 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Flight Management Systems (FMS) Market

Flight Management Systems (FMS) Market

A flight management system (FMS) is a specialized computer system that performs a complete range of in-flight tasks, thus significantly reducing the crew load. It is an integrated, full-flight communication and information management system that provides guidance and aids in navigation, trajectory prediction, and performance and fuel computations. In-flight management and flight planning through various sensors such as inertial navigation systems (INS) and global positioning systems (GPS) are some of the other functions of FMS.

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A thriving aviation industry along with an increase in the demand for next-generation aircraft features is a key factor driving the market growth. For instance, improved fuel efficiency and flight security along with the reduction in pilot workload are some of the key benefits offered by FMS, owing to which its demand is rapidly increasing. Moreover, Next Generation Flight Management Systems (NGFMS) are being introduced, that streamline air traffic management, reduce direct operational costs and enhance the overall safety of the aircraft. Furthermore, there is a significant growth in the number of airlines across the globe which now connect even the remotest regions to the world. This has led to the launch of several modern aircraft, thus leading to the widespread incorporation of FMA, which is contributing positively to the market growth

The key players profiled in this report include:
I. Honeywell International Inc.
II. Thales Group
III. General Electric Company
IV. Leonardo-Finmeccanica S.p.A
V. Rockwell Collins
VI. Esterline Technologies
VII. Garmin Ltd
VIII. Universal Avionics Systems
IX. Lufthansa Systems
X. Jeppesen Sanderson, Inc.
XI. Navtech, Inc.

This report segments the global Flight Management Systems (FMS) market into:
By Fit
a) Line Fit
b) Retrofit

By Aircraft Type
a) Narrow Body Aircraft
b) Wide Body Aircraft
c) Very Large Aircraft
d) Regional Transport Aircraft

By Hardware
a) Visual Display Unit (VDU)
b) Control Display Unit (CDU)
c) Flight Management Computers (FMC)

Flight Management Systems (FMS) Market: Regional Analysis:

o North America : USA, Canada and Mexico etc.
o Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
o The Middle East and Africa : Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
o Europe : Germany, France, the UK, Russia, and Italy
o South America : Brazil, Argentina, Columbia, etc.

Key Benefits:

1. This study gives a detailed analysis of drivers and factors limiting the market expansion of Flight Management Systems (FMS)
2. The micro-level analysis is conducted based on its product types, end-user applications, and geographies
3. Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players
4. By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Flight Management Systems (FMS) market

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The research study can answer the following Key questions:

1. What will be the progress rate of the Flight Management Systems (FMS) Market for the conjecture period, 2020 - 2025?
2. What are the prominent factors driving the Flight Management Systems (FMS) Market across different regions?
3. Who are the major vendors dominating the Flight Management Systems (FMS) industry and what are their winning strategies?
4. What will be the market scope for the estimated period?
5. What are the major trends shaping the expansion of the industry in the coming years?
6. What are the challenges faced by the Flight Management Systems (FMS) Market?

Global Flight Management Systems (FMS) Market Report includes Detailed TOC points:

1 Industry Overview
1.1 Flight Management Systems (FMS) Industry
1.2 Market Segment
1.2.1 UpstreamFlight Management Systems (FMS) Market
Table Upstream Segment of Flight Management Systems (FMS)
1.2.2 Downstream
Table Application Segment of Flight Management Systems (FMS)
Table Global Flight Management Systems (FMS) Market 2020-2025, by Application, in USD Million
1.3 Cost Analysis

2 Industry Environment (PEST Analysis)
2.1 Policy
2.2 Economics
2.3 Sociology
2.4 Technology

3 Flight Management Systems (FMS) Market by Type
4 Major Companies ListFlight Management Systems (FMS) Market
4.1 Company 1st (Company Profile, Sales Data etc.)
4.1.1 Company 1st Profile
Table Company 1st Overview List
4.1.2 Company 1st Products & Services
4.1.3 Company 1st Business Operation Conditions
Table Business Operation of Company 1st (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue With Key Players)

5 Market Competition
6 Demand by End Market
6.1 Demand Situation
6.2 Regional Demand Comparison
6.3 Demand Forecast

7 Region Operation
8 Marketing & Price
9 Research Conclusion

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About Worldwide Market Reports:

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

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Worldwide Market Reports
Tel: +1 415 871 0703
Email:sales@worldwidemarketreports.com

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