Press release
Commercial Avionics Systems Market Regional Average Pricing Analysis, Demand and Leading Global Companies
Commercial Avionics Systems
The Asia-Pacific commercial avionics systems market is estimated to grow at the highest rate due to increasing requirements of aircraft from the aviation industry and increased government initiatives.
Inquire for 25 % discount on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/2150
The commercial avionics systems market was valued at $16 billion in 2014 and is projected to reach $26 billion by 2022, growing at a CAGR of 7.1% from 2016 to 2022. A surge in the number of aircraft deliveries, increasing demand for real-time data, economic growth in emerging countries, and increasing demand for in-flight entertainment (IFE) services are expected to drive the growth.
In 2015, the communication, navigation, & surveillance (NYSE:CNS) sub-system accounted for the maximum revenue share among the sub-system types in the commercial avionics systems market. This is due to the increasing demand for real-time data in the aviation industry. In addition, the health monitoring systems are expected to witness the fastest growth over the forecast period. Among the types of aircraft, the wide-body aircraft dominated the global commercial avionics systems market in 2015. However, the narrow-body aircraft are expected to grow at the fastest pace over the forecast period.
Download a Sample copy of Report: https://www.alliedmarketresearch.com/request-sample/2150
Market Restraints and Opportunities:
1. Vulnerability to cyber attacks
2. High costs involved
3. Growth of low cost carriers (LCC) in emerging economies
4. Increasing investments in NextGen avionics
5. Improvement in commercial aviation network
6. Government initiatives
Key Market Players Profiled
* United Technologies Corporation
* Thales Group
* GE Aviation
* Garmin Ltd.
* Rockwell Collins
* Honeywell International Inc.
* L-3 Communications Holdings, Inc.
* Panasonic Avionics Corporation
* Universal Avionics Systems Corporation
* Teledyne Technologies, Inc.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/2150
Other Companies Mentioned in the Report
* Airbus Group SE
* The Boeing Company
* Dassault Aviation
* United Aircraft Corporation
* Aviage Systems
* Aviation Industry Corporation of China
* General Electric Company
* BAE Systems Australia
* Tigerair Australia
* Mauritania Airlines
* Avianca, Columbia
* VARIG, Brazil
* Emirates
* Etihad Airways
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Commercial Avionics Systems Market Regional Average Pricing Analysis, Demand and Leading Global Companies here
News-ID: 2077617 • Views: …
More Releases from Allied Market Research
Lipase Food Enzymes Market Size Growing at 6.8% CAGR, Set to Reach USD 787.6 Mil …
Lipase food enzymes market size was valued at $417.40 million in 2021, and is estimated to reach $787.6 million by 2031, growing at a CAGR of 6.8% from 2022 to 2031.
The development of new and innovative products that require lipase enzymes is expected to boost the demand for these enzymes. For example, lipase enzymes are now being used in the production of low-fat dairy products, which are becoming increasingly popular.
Download…
5G in Defense Market Supported by a CAGR of 67.7% from 2021 to 2030
The global 5G in defense industry was pegged at $551 million in 2020 and is estimated to hit $76.01 billion by 2030, registering a CAGR of 67.7% from 2021 to 2030.
Increase in the number of autonomous defense vehicles, drones, and robots, rise in support of government toward the development of 5G, and surge in demand for surveillance activities fuel the global 5G in defense market. However, cyber security threats to…
Coffee Capsules Market : A Brief Understanding of Competitive Landscape, Dynamic …
Coffee Capsules Market Size was valued at $5.9 billion in 2022, and is estimated to reach $11.9 billion by 2032, growing at a CAGR of 7.6% from 2023 to 2032.
Research has shown that coffee protects the liver, lowers the risk of type 2 diabetes, and prevents several cancers. Additionally, the rise in the trend of coffee drinking outside the home suggests an increase in recent years. Consequently, it is anticipated…
Time and Attendance Software Market Reach USD 8.3 Billion by 2032 Growing with 1 …
According to the report published by Allied Market Research, Time and Attendance Software Market Reach USD 8.3 Billion by 2032 Growing with 12.1% CAGR. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
The…
More Releases for Avionics
Know how Airborne Collision Avoidance System Market is Thriving by Top Players: …
Up Market Research offers a latest published report on “Global Airborne Collision Avoidance System (ACAS) Market Research Report 2019” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 95 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/65701
Airborne Collision Avoidance System Market research report…
Commercial Avionics Systems Market 2024 | Rockwell Collins, Inc., Honeywell Aero …
Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally,…
Commercial Avionics Systems Market 2021 | Rockwell Collins, Inc., Honeywell Aero …
Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally,…
Commercial Avionics Systems Market 2021 | Rockwell Collins, Inc., Honeywell Aero …
Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally,…
Commercial Avionics Systems Market 2024 | Rockwell Collins, Inc., Honeywell Aero …
Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally,…
Global Airborne Collision Avoidance System Market 2018: Market Players Like Hone …
Global Airborne Collision Avoidance System Market 2018-2023:
Regulatory mandates for the installation of ACAS II, rise in the number of UAVs in the commercial airspace, rise in the number of aircraft deliveries are some of the major factors driving the airborne collision avoidance system market.
The prime objective of Global Airborne Collision Avoidance System Market report is to help the user understand the market in terms of its definition,…
